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Google announced Gemini 4 Carbon, describing it as its strongest model for cybersecurity and long-horizon agent work. It launches with the same introductory pricing as Gemini 4 Argon at $2 per million input tokens and $10 per million output tokens. Access will begin with a limited subset of cyber defenders under a gradual rollout via its Fairwind Program before wider availability to developers, businesses, and consumers.
LehreCheck launched as a free smartphone platform that matches Tyrolean teenagers to apprenticeships and training companies using anonymous tests and apprenticeship data. It went live in summer 2026 with three tests and a matching step against more than 350 apprenticeship occupations. The platform adds AI-assisted organization of occupation data and planned paid features for companies, but business functions currently sit behind a “coming soon” and waitlist.
Entourage closed its second early-stage venture fund after raising €100 million, exceeding an initial €75 million target quickly. The fund is set to invest about 25 companies at pre-seed and seed stages with initial checks of €1 million to €5 million. It shifts from mostly software to include AI, robotics, physical AI, and deeptech, while continuing a governance-light approach.
KineDB raised €850,000 in pre-seed funding to build a general-purpose database engine that works across cloud and offline device environments. The round was led by Superhero Capital and includes participation from NGL Ventures and several angel investors. The financing will fund product development and team expansion, with hiring focused on database, storage system, and query engine engineers, as demand for database infrastructure grows alongside AI-enabled software development.
Google’s “Google Search & other” share of Alphabet’s revenue fell below half for the first time, even as total revenue rose. Search generated $63.4 billion, or 49.7% of the $127.6 billion third-quarter revenue. Alphabet’s results shift emphasis toward Google Cloud, which more than doubled to $30.7 billion and is now nearly a quarter of revenue, while search growth slowed.
Hong Kong overtook Switzerland as the top location for managing more cross-border wealth, based on a London investment bank study. In 2025, Hong Kong held $2.95 trillion of cross-border wealth, slightly above Switzerland’s $2.94 trillion. The shift is expected to widen, while private banks face falling margins and more use of AI to cut costs, plus weaker loyalty as wealthy clients spread assets across more firms.
Ravical, an AI startup for accounting and tax firms, raised $17 million in seed funding to develop its AI platform and expand internationally. The round brings its total funding to $25 million. The company plans to use the money for product development, hiring, and growth across the UK, Belgium, the Netherlands, and Germany, with plans to expand into more European markets and the US.
Auriga Partners announced it secured an interim closing of €80M for Auriga Cyber Ventures II, its second cybersecurity investment fund. The fund targets a final size of €100M with a hard cap of €120M. It will invest €500,000 to €5M per deal in early-stage European startups (including AI security), with about half of capital reserved for follow-on investments and plans for around 30 companies and 2–3 more deals by end of 2026.
NVIDIA released Nemotron 3.5 Transcribe, an open-weights speech language model for transcription that can generate transcripts with speaker information, timestamps, and translation. It uses about 4.3B active parameters with a 1-hour audio limit per request. Developers can swap out separate ASR, diarization, and alignment tools by using one model instead, though the release is mainly for offline use and shows weaker Mandarin meeting accuracy.
Amazon issued revised software engineering guidelines warning that simply using more AI doesn’t always improve work quality. It said token and lines-of-code counting are “deeply flawed,” and turning token metrics into targets can increase costs and complexity. As a result, engineers are told to document when AI tooling doesn’t help, while managers compare 10th- and 90th-percentile AI users to decide if outputs are improving.
Google Cloud revenue rose to 30.7 billion dollars in Alphabet’s third quarter, but Alphabet’s shares fell after-hours by more than 11% despite the cloud result. Revenue was 31.0 billion dollars year-over-year and free cash flow stayed negative at -9.1 billion dollars as investors focused on broader business weakness and deep spending for AI. Alphabet is increasing capital spending toward 200 billion dollars in 2026 and is facing investor pressure over cash-flow strain rather than cloud demand.
Microsoft reported strong Azure growth alongside continued high spending to scale its AI services. CapEx spending is expected to reach about $170 billion in calendar-year 2026, with more than $50 billion in the current quarter. As a result, investors get further evidence of demand exceeding supply, while Microsoft’s higher capex and slightly lower operating margins signal tighter pressure on near-term profitability.
Microsoft reported profit of more than $36.6bn for the three months to the end of September, shortly after announcing layoffs of more than a quarter of its workforce. It said it will offer voluntary buyouts to around 60,000 workers. The result is further cost-cutting alongside continued billions in AI infrastructure spending, with investors watching whether that spending is sustainable.
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