Elon Musk has invested roughly $1 billion in Skydance, the media company formed when Paramount bought Warner Bros. Discovery, Semafor reported, citing people familiar with the matter. CNBC confirmed the figure through its own source. Neither Musk nor Skydance commented.

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Chinese AI lab DeepSeek has raised about 100 billion yuan ($15 billion), Bloomberg reported, citing people familiar with the matter. CATL and Tencent were among the biggest investors. The round comes two days after the U.S. ordered federal agencies to remove DeepSeek products.
Australia's Federal Court ordered Apple to let iPhone users install apps from third-party stores and websites starting March 1, 2027, and to allow alternative payments, after finding Apple broke competition law in Epic Games' lawsuit. Apple says it will seek a stay and appeal.
Epic Games has announced the AI MegaJam, a November 12-15 event where creators will build games in four days using AI tools with Unreal Engine and UEFN. The jam offers cash prizes plus development continuation grants of up to $50,000 for standout projects.
Anthropic says Claude, working with Theorem, formally proved that 239 fuzz-test entry points across 123 OSS-Fuzz libraries never crash on inputs under 64 MB. The proofs run to about 180 million lines of Rocq and hold only under stated assumptions. The effort also surfaced bugs that years of fuzzing had missed.
Capcom says about 11.77 million CAPCOM ID records were exposed, each with an email address and login metadata. 43 also exposed birth date, gender, country and nickname, and 196 accounts had passwords changed without authorization and reset. Capcom says it has not confirmed any compromise of customer-set passwords, and credit card information was not included.