Tech
OpenAI’s revenue is reportedly $20 billion less than previously projected
A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure that would have made it competitive with Anthropic’s reported run rate. Now, however, the AI lab is said to have told investors that the real revenue is some $20 billion lower than that.
The Financial Times reports that the company has told investors that its annualized revenue is “approaching $50 billion.” The publication also notes that the previous figure of $70 billion was based on information that had previously been shared with investors by OpenAI. That figure was devised via “attempts by OpenAI’s own investors to produce a direct comparison with Anthropic’s annualised revenues,” per the FT.
It’s worth pointing out that OpenAI and Anthropic calculate their annualized revenue differently — with Anthropic counting sales made by its cloud partners. OpenAI doesn’t do this.
TechCrunch reached out to OpenAI for comment.
The issue of OpenAI’s revenue has troubled the company, as it attempts to justify the gargantuan investments being made on its behalf; the AI giant raised $122 billion during a March funding round alone. The company’s leaked 2025 financials earlier this year showed it had made about $13 billion but spent significantly more. OpenAI’s IPO, which was previously rumored to be materializing this year, has been pushed off until early 2027.
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Tech
Anthropic changes usage policy to ban model abuse and election interference
Anthropic updated its usage policy on Thursday, codifying new prohibitions on election interference, weapons software, and surveillance. But perhaps the most attention-getting change is a new prohibition against prolonged verbal abuse of the model, which is now expressly forbidden.
Since an update in August, Claude has been trained to end conversations with “persistently harmful or abusive user interactions” — but the new policy explicitly bars users from pursuing those conversations.
“The policy update is meant to apply only in extreme cases, where users repeatedly act cruelly toward our models, with no discernible purpose,” the post explains. “It does not apply to common versions of user frustration, pushback, dark creative themes, or model testing and research.”
The change comes after Anthropic has sought out collaborations with prominent religious scholars — in some cases, seeking to convince them that Claude could be conscious or have a soul.
Separate sections of the usage policy forbid users from engaging in broadly deceptive campaigns, such as using Claude to run fake accounts or fabricated news outlets. The policy also includes rules against deceiving voters or disrupting elections, collected in a section titled “Do Not Undermine Democratic Processes.”
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Tech
Google brings agentic AI to Gemini, starting with businesses
At a Google Cloud event on Thursday, the company announced it’s bringing its Gemini AI into the agentic age, with the launch of a unified agent that can not only answer questions but also get things done on the user’s behalf, all from a single interface.
The move comes as AI tools have been moving beyond being just conversational experiences to those that can take ownership of assigned tasks, generate code, schedule meetings, book appointments and travel, and more. It also follows the rise of consumer-facing agents like Meta’s Muse and those that operate over messaging, like Instinct and others, as well as the recent debut of ChatGPT’s Dots.
The company still has a good shot at achieving scale for its agentic efforts: as Google CEO Sundar Pichai pointed out at the event’s start, Gemini today has over 1 billion monthly active users. He also noted that nearly 90% of Fortune 100 businesses now use Gemini Enterprise at work.
Given Gemini’s adoption in the corporate world, Google will initially focus on bringing the agent to businesses before later rolling it out to consumers.

According to Pichai, this will allow the company to solve the “harder problems around security, scale, and performance,” which come with launching powerful agents such as these.
Thomas Kurian, CEO of Google Cloud, explained that the new agent can be given “objectives, not just instructions.” That means it’s able to plan the work, use custom skills and tools, and connect to businesses’ internal systems to accomplish its goals.
By default, the AI will pick the best model to complete the task, but users can also take over to choose a model — including those from third parties, starting with Anthropic’s Claude models. Google said that it will expand the model picker to include open source models and other private models in the future.
The request can include attachments, like files, folders, or other projects designed for specific workstreams, like those that combine files and skills. The agent can connect to the business’s data and systems, like Google Workspace, Microsoft 365, Slack, Jira, Confluence, Git, BigQuery, Databricks, Postgres, Snowflake, and others.
It can also connect and work securely with any Model Context Protocol (MCP) server inside or outside the company’s network.
Users can keep track of what Gemini is doing from a “tasks inbox” interface, where they can see Gemini’s thinking process, delegation of tasks to subagents, loading of special skills, code, and progress.
Notably, the AI will have its own Workspace account, as if it’s just another coworker. That means it has its own email address and its own context, Google said. It knows who at the company is on what team, their time zones, who needs to approve items, what’s on people’s calendars, and more. Users can call the agent by tagging it, emailing it, sharing with it, or adding it to a group chat. As it takes action, it writes an audit trail attributed to the agent, instead of a person.
The agent will be accessible from iOS and Android mobile devices, Windows and Mac desktops, the command line interface, Google Workspace, Microsoft 365, ServiceNow, and Slack.

The agent’s early testers included sportswear brand On, Shopify, and PayPal, and noted that Gemini Enterprise customers include large businesses like BNP Paribas, Bradesco, Merck, Orange Spain, Santee Cooper, SOMPO, Ulta Beauty, and Wesfarmers.
Google said new flexible spending options, including multi-model orchestration, smart routing, and real-time spend caps, will help businesses keep their enterprise AI costs under better control.
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Tech
Watch the trailer for ‘The Altruists,’ Netflix’s show about the FTX scandal
It’s a great time to be alive if you follow tech news and love messy drama. We’re not just getting a Nathan Fielder documentary about Elizabeth Holmes this fall. Netflix’s “The Altruists,” which follows Sam Bankman-Fried and Caroline Ellison through the scandal that crushed FTX and landed them in prison, is coming out on November 19.
It’s just in time for Thanksgiving, assuming that another infamous Sam doesn’t ruin our holiday plans again.
Here’s the trailer, starring Anthony Boyle as Sam Bankman-Fried and Julia Garner as Caroline Ellison:
We can’t say we ever expected that the ethical disconnects behind effective altruism were going to pique the interest of Hollywood, but hopefully, Netflix will do the strangeness of this story justice.
“From the very beginning, I was so fascinated by both Sam’s and Caroline’s real stories,” co-showrunner Graham Moore said in an interview with Netflix this summer. “Those are both characters I could not have possibly made up had I tried — I’m not nearly a good enough writer to create characters as fascinating as either Sam Bankman-Fried or Caroline Ellison.”
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