The Byte Dispatch

🚨 BREAKING: OpenAI secures $11 billion at a $1.25 trillion valuation That's scaled back from an initial $30 billion target at $1.4 trillion after a tech stock selloff. Coatue, T. Rowe Price, SoftBank and Sequoia joined the first close.

🚨 BREAKING: Anthropic launches Personal Finance in Claude The beta connects bank and credit card accounts via Plaid with read-only access, letting US Pro, Max and Ultra users ask about spending, balances and bills.

🚨 BREAKING: Google launches Gemini Omni 1.2 Flash with 15-second AI video clips It's priced at $0.07 per second, a 30% cost cut, and tops the Text-to-Video Arena leaderboard with 1,541 points. Rolling out today in the Gemini app, Google Vids, AI Studio and the API.

🚨 BREAKING: Apple cuts engineers' daily AI spending limits Some engineers' caps dropped from $300 to $200 a day, with plans to cut them to $100, and possibly $25 for certain teams. Non-engineering groups already face $100 caps, per Bloomberg's Mark Gurman.

🚨 BREAKING: Canva lays off 1,271 employees, 22% of its staff Growth slowed for the first time in a decade, AI costs pushed its growth forecast down to 20% from 30%, and early investors cut its valuation to ~$35B. "This has been our hardest year yet." - CEO Melanie Perkins

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