Welcome back to your daily memorandum talking tech, business, AI, markets, and more. 🗞️

In today’s edition, we are tackling the following:

🧠 Gemini 3 Pro sets new reasoning records across major benchmarks.
🛠️ Antigravity enables coordinated autonomous agents.
🌐 Cloudflare outage caused global 500 errors and disrupted major services.
💵 Nvidia, Microsoft, and Anthropic committed $45 billion to expand infrastructure.
📈 Bitcoin climbed above $93,000 while broader markets declined during trading.

TECHNOLOGY

• Google launches Gemini 3, its most intelligent AI model (The Verge) 
  ^{_{More: TechCrunch, CNBC, Fortune}}

  • Gemini 3 Pro achieves record 37.4% score on Humanity's Last Exam benchmark, surpassing GPT-5 Pro's 31.64%.

  • The model debuts simultaneously across the Gemini app, Google Search AI Mode, and developer platforms immediately.

  • Enhanced reasoning reduces prompting needs while generating dynamic visual layouts and interactive tools for responses.

• Google unveils Antigravity, an agentic development platform powered by Gemini 3 (Google Blog) 
  ^{_{More: The New Stack, 9to5Google, VentureBeat}}

  • Antigravity enables developers to manage multiple autonomous agents across editor, terminal, and browser simultaneously.

  • The platform scores 1487 Elo on WebDev Arena and 54.2% on Terminal-Bench 2.0 coding benchmarks.

  • Available free in public preview for macOS, Windows, and Linux with support for multiple models.

• Cloudflare outage disrupts major websites CNBC) 
  ^{_{More: Bloomberg, The Register, TechRadar}}

  • The configuration file managing threat traffic exceeded the expected size, triggering cascade failure across Cloudflare's bot mitigation system.

  • Widespread 500 errors affected platforms from 11:20 UTC until resolution at 14:30 UTC on Tuesday.

  • Cloudflare shares fell 2% as the company apologized for the unacceptable disruption to global internet services.

BUSINESS

• Nvidia, Microsoft, and Anthropic Commit to Roughly $45 Billion in AI Partnership (WSJ)

  ^{_{More: Exame, Times of India, GeekWire}}

  • The firms will allocate roughly $45 billion to infrastructure and capacity for AI model training and deployment.

  • Anthropic commits to purchasing at least $30 billion of Azure cloud capacity from Microsoft.

  • Nvidia will invest up to $10 billion in the partnership, strengthening its role in AI chip supply and infrastructure.

• Bitcoin Gains Tuesday as Traditional Markets Slump in Rare Occurrence of Crypto Outperformance (CoinDesk)

  ^{_{More: AP, CoinTelegraph, BitcoinMagazine}}

  • Bitcoin briefly rose from below $90,000 to around $93,500 even as major U.S. stock indices declined.

  • The move reflects a temporary reversal of a multi-month trend in which cryptocurrencies lagged traditional markets.

  • The uptick suggests hopeful sentiment among crypto investors, though analysts caution it may not signal a sustained rally yet.

• U.S. Regulator OCC Clarifies How Banks Can Handle Network ‘Gas Fees’ (CoinDesk)

  ^{_{More: Sullivan & Cromwell, CryptoSlate, Decrypt}}

  • OCC guidance permits banks to hold limited crypto assets to manage expected fee obligations.

  • Banks may outsource digital-asset custody and transaction execution to vetted providers.

  • The clarification reflects expanding regulatory acceptance of integrated digital-asset services.

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MARKETS

WORLD

• Climate Talks Enter Crunch Time at COP30 Summit in Brazil (Bloomberg) 
  _{^{More: U.S. News, PBS, UN News}}

  • UN negotiators laid out options for climate emissions progress, but nations remain divided on finance and trade.

  • Brazil pushes for a Wednesday decision on climate finance, transparency reporting, trade measures, and toughening emissions plans by 2035.

  • Over 80 nations demand a fossil fuel transition roadmap, while oil producers resist, and the US skips the summit entirely.

• Trump expected to treat Saudi crown prince as a full ally (Fortune) 
  _{^{More: Bloomberg, Washington Post, Al Jazeera}}

  • Trump hosted Saudi Crown Prince Mohammed bin Salman, announcing F-35 fighter jet sales and up to $1 trillion investments.

  • The White House signed a strategic defense agreement, strengthening the partnership despite concerns over Israel's military edge and China's technology access.

  • Trump dismissed Khashoggi murder questions with the phrase things happen, while pursuing Abraham Accords expansion through the Saudi normalization deal.

• Sheinbaum Pushes Back on Trump, Insists US Won't Strike Mexico (Bloomberg) 
  _{^{More: U.S. News, Washington Post, Al Jazeera}}

  • Mexican President Sheinbaum firmly rejected Trump's proposal for military strikes against cartels, stating it's not going to happen.

  • Trump said Monday he would be willing to launch strikes in Mexico to stop drugs, expressing openness to whatever measures are necessary.

  • Sheinbaum emphasized that Mexico accepts collaboration and intelligence sharing but rejects any foreign government intervention.

FUTURISM

• OpenAI Blocks Toymaker After Its AI Teddy Bear Is Caught Telling Children Terrible Things (Futurism) 

• _{^{More: Gizmodo, The Register, IBTimes}}

  • OpenAI suspended FoloToy's access after teddy bear Kumma gave children instructions on lighting matches and discussed sexual fetishes.

  • Public Interest Research Group report found toy explained bondage and teacher-student roleplay, asking kids which scenarios seemed most fun.

  • FoloToy suspended all product sales for a company-wide safety audit, raising concerns about OpenAI's upcoming Mattel partnership.

• People Are Having AI "Children" With Their AI Partners (Futurism) 
  ^{_{More: PsyPost, Dexerto, Game Revolution}}

  • A study surveyed 29 Replika users aged 16 to 72, finding many roleplay marriages, homeownership, and pregnancies with AI chatbots.

  • Users described profound emotional connections, with one 66-year-old man saying his AI companion was pregnant with his babies.

  • Replika's 2023 ban on erotic features caused mental breakdowns and distress, while AI infidelity is increasingly cited as a divorce reason.

• Farewell to the futuristic dream - Saudi Arabia's 'The Line' megaproject faces its biggest crisis and could be left half-built (Union Rayo) 
  _{^{More: Bloomberg, Middle East Eye, Gizmodo}}

  • Saudi Arabia's sovereign wealth fund halted work on a 170-kilometer linear city, with costs ballooning to $8.8 trillion from an initial $1 trillion.

  • The project was reduced from 16 kilometers by 2030 to just three modules, lacking foreign investment as the first phase consumed $50 billion.

  • Engineers admit original goals unattainable, with construction workers calling it the biggest financial and technical failure the Gulf region has seen.

CONTENT

• A Hacker’s Take on Why USA vs China Is About Energy (Pablos Holman)

  • Hacker-inventor Pablos Holman argues the US-China rivalry is fundamentally driven by energy system control and infrastructure.

  • He explains how technology transitions—from silicon to solar, crypto to sea cables—shape geopolitical power dynamics across nations.

  • The talk warns startups and investors that energy tech, not just software, will determine strategic national advantage this decade.

• Google’s Gemini 3.0: The Most Powerful LLM Ever (Doom Debates)

  • The episode explores Gemini 3’s step-change in reasoning, multimodal understanding, and task execution capabilities.

  • Guests debate whether Gemini 3.0 marks a transition from question-answer bots to full-scale agents embedded in workflows.

  • Observers consider how Google’s full-stack advantage may reshape the competitive landscape of AI platforms globally.

• A Simple Formula to Stop Blaming Others and Take Life in Own Hands (Jack Canfield)

  • Co-author Jack Canfield shares a behavioural framework that helped hundreds of millions through transformational habits and mindset shifts.

  • He walks through “E + R = O” (Event + Response = Outcome) and why taking full responsibility accelerates personal and professional growth.

  • The session emphasises daily rituals, accountability loops, and why our response pattern shapes long-term success more than external events.

EXTRAS

• • House GOP eyes putting AI moratorium in must-pass defense bill (The Verge) 
    _{^{More: Washington Post, CNN, The Markup}}

    • House Majority Leader Scalise told Punchbowl News that lawmakers are considering adding a state AI regulation moratorium to the defense bill.

    • The previous 10-year moratorium proposal passed the House committee, but the Senate stripped it 99-1 from the budget reconciliation bill in July.

    • Consumer groups and Republican governors previously opposed the measure, arguing it would leave residents unprotected.

  • Poe's AI app now supports group chats across AI models (TechCrunch) 
    _{^{More: Testing Catalog, TechBooky, Medium}}

    • Quora's Poe launched group chats for up to 200 users collaborating across 200 AI models, including text, image, video, and audio.

    • The feature enables families to plan trips using Gemini 2.5 and o3 Deep Research or teams to brainstorm images together.

    • Launch follows OpenAI's ChatGPT pilot group chats in select markets, with chat history syncing in real-time across all devices.

  • Stack Overflow is remaking itself into an AI data provider (TechCrunch) 
    _{^{More: IMP News, Stack Overflow Blog, TECHi}}

    • Stack Overflow unveiled Stack Internal at Microsoft Ignite, transforming its forum into an enterprise AI data provider for scoring.

    • Platform exports metadata, including authorship, to create trust scores informing AI agents how much answers can be trusted.

    • CEO Chandrasekar compared content licensing deals to Reddit agreements worth over $200 million, with data feeding into AI agents.

AND MORE

• A fire has razed over 170 buildings in southern Japan’s Oita city, with one person still missing.

• Oil prices fell as rising U.S. inventories reinforced concerns that supply is exceeding demand.

• Gold edged lower as the dollar strengthened and investors awaited the Federal Reserve’s minutes and U.S. jobs data.

• Asian markets wobbled ahead of Nvidia Corporation’s earnings, with Japan’s Nikkei gaining slightly while South Korea’s Kospi slid.

• Elon Musk attended a dinner hosted by Donald Trump for Saudi Crown Prince Mohammed bin Salman at the White House.

• The yen regained ground and the U.S. dollar held near a one-week high as investors sought haven assets amid a global stock sell-off.

• Exxon Mobil joined Chevron in exploring the acquisition of parts of Russia’s sanctioned oil company Lukoil.

• Experts warn that ultra-processed foods are a major global public health threat linked to obesity, cancer, and depression.

• Our new report shows how top U.S. firms are escaping the H-1B chaos through smarter, faster, borderless hiring.*