OpenAI has cut its fundraising target by US$10bn to about US$20bn, the Financial Times reports, as concern over AI spending weighs on technology shares. This morning’s practical updates include whole-deck editing in Google Slides and easier account switching in ChatGPT’s mobile apps.
New releases
ChatGPT. Account switching is rolling out on iOS and Android, allowing up to two accounts to stay signed in while keeping chats, memory, settings and subscriptions separate, so switching between personal and work accounts no longer requires signing out. More
Claude API and Claude Code. Fast mode for Claude Opus 4.8 is deprecated and will be removed on 30 November 2026 in the API and Claude Code; affected requests will return an error rather than fall back to standard speed, and Anthropic recommends moving to Opus 5.5. More
Gemini in Google Slides. Whole-deck editing began an extended rollout on 29 October 2026, in English on desktop, for Workspace Business and Enterprise Standard/Plus, Google AI Pro/Ultra and Google AI Pro for Education, letting one prompt revise content, standardise formatting or match a reference presentation. More
Gemini API. Computer Use became generally available on 30 October 2026 through the Interactions and GenerateContent APIs, with Gemini 3.8 Flash recommended for agents operating browser, desktop or mobile interfaces; developers must provide the environment that executes the model’s suggested clicks and keystrokes. More
Elsewhere in AI
OpenAI has cut its funding target by US$10bn and is now seeking about US$20bn at a US$1.25tn valuation as technology-sector anxieties mount, the Financial Times reports. Read
US technology shares fell sharply as concerns about AI spending and borrowing intensified, with the Financial Times reporting that Anthropic could receive a junk rating after its IPO. Read
Technology-sector productivity is rising while employment falls, but evidence of AI’s labour-market impact elsewhere remains less clear, according to Financial Times analysis. Read
Experts warn that permitting AI companies to scrape copyrighted works could breach Australia’s constitution and expose the government to compensation claims, The Guardian reports. Read