TechCrunch Top 3

CoreWeave turns to customer prepayments, shorter contracts to fund AI growth: CoreWeave is increasingly asking customers to pay upfront, borrowing against specific contracts, and even looking to short-term deals that could lead to higher prices, according to the company’s third-quarter earnings. Read More

Meta is losing its longtime head of infrastructure: Santosh Janardhan, who originally joined the company in 2009, will be stepping down from his role. Read More

Congress to call Jensen Huang in to answer for alleged Chinese spy affair: Nvidia CEO Jensen Huang has until the end of the day Wednesday to answer a call from House Republicans for a closed-door briefing on his affair with alleged Chinese spy. Read More

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Afternoon Must-Reads

OpenAI acquires Odessia, travel startup created by Sonder founder: OpenAI has not yet said what its plans are for the future of travel. But Sonder founder Francis Davidson is a well-known figure in the travel industry. Read More

Databricks' new AI agent tells CEO Ali Ghodsi the unvarnished truth: With Databricks at 12,000 employees, AI Ghodsi is the first to admit that he can't know everyone and that they are unlikely to confess the things that go wrong to him. But he doesn't need them to. He uses Databricks' newly revised Genie agent for that. Read More

Is Jensen Huang’s bad behavior more commonplace than it seems?: “There are a lot of senior people in the industry that know this is happening, and are effectively condoning it,” an investment intel consultant said. Read More

Siri co-founder backs Helix for its voice ID tech: With the rise of AI agents like Instinct and Muse, the industry needs to rethink human identity on the internet and rely on biometric signals like voice, which is where Helix comes in. Read More

Proximal Ventures raises debut fund to back startups bringing AI to drug development: Former SignalFire investor Sahir Raoof raises $27.5 million for new fund targeting AI in pharma. Read More

Last but Not Least

OpenAI, Anthropic face new oversight as New York’s AI safety law takes effect: New York is preparing to enforce its sweeping AI safety law, requiring major developers like OpenAI and Anthropic to register, disclose safety practices, and report critical incidents or face fines. Read More