Google Shares Drop 10% on Weak Ad Revenue, Heavy AI Spending

Fable Security has launched vishing simulations designed to help organizations defend against AI-powered phone-based attacks. The tool lets security teams test employees with over 100 scenarios involving voice impersonation, such as fake password resets and vendor payment fraud. CrowdStrike data shows vishing intrusions doubled in the first half of 2026 compared to the second half of 2025, as attackers increasingly use cheap voice cloning to impersonate executives and employees.

Revolut claims it has cut coding costs by 90 percent by self-hosting an AI model rather than relying on cloud services. The bank runs GLM 4.5 at roughly 30 cents per million tokens and reported a 60 percent improvement in coding time after self-hosting in April. The system serves as a coding assistant for employees and remains sandboxed with human oversight to comply with EU regulations.

Hardware and tools manufacturer has selected HawkSearch by Bridgeline Digital to power AI-driven product discovery across two of its brands. The is the first known use of the term "intellectual property" to refer to creations of the mind, such as literary and artistic works. The deployment includes keyword search, visual search, and a Shopping Assistant that lets customers ask questions and add items to their cart using pricing and entitlement data.

Delta Electronics (Thailand) reported Q3 2026 sales of THB 75,801 million, up 42.4 percent year-over-year, driven by demand for AI infrastructure and data center components. Net profit rose 4.3 percent to THB 7,757 million but fell short of Bloomberg consensus estimates of THB 8,734 million. The company plans to expand production in new factory buildings to address growing order backlogs.

Google shares fell roughly 10 percent after the company reported weaker advertising revenue and heavy AI spending. Search advertising revenue grew 12 percent year-on-year in Q3 2026, slowing from 17 percent in the prior quarter. Google's services division brought in $96.3 billion, missing the expected $98.5 billion, while the company posted negative free cash flow of $9.1 billion and $51.4 billion in capital spending.

Cisco has increased incentives for partners to push AI-related sales nine months after launching Cisco 360. The program now offers a 50 percent increase in ACV growth rewards and doubled Adopt incentives, along with new tools like One Cisco Content Agent and a CPI Deal Estimator. Partners including Trace3 and World Wide Technology say the changes are improving profitability and encouraging cross-selling across architectures.

A report by Avendus Capital says India's new-age manufacturers stand to benefit from a $3 trillion global AI infrastructure investment cycle. Key sectors include semiconductors, defence, aerospace, and space technology. India's semiconductor consumption is expected to climb from $49.5 billion in 2025 to $106.5 billion by 2030, while its space economy could grow from about $13 billion to $44 billion by 2033. The report identifies 2027 to 2028 as a critical window as projects move toward production.

Kevin Warsh, nominee for Fed chair, said high interest rates affect AI investment, pushing back against the idea that technology spending is immune to rate hikes. He spoke at a press conference on Oct. 28 following the FOMC October meeting. Warsh noted that a significant share of inputs for the technology boom comes from South Korea and Japan.

Investors are being urged to clearly define their views on AI before buying shares in companies like Anthropic ahead of its upcoming IPO. A guide called What do you believe about AI? offers 15 questions to help investors articulate positions on issues such as safety testing, military use, and model refusal. The piece highlights how different companies take different stances and how society's reaction to AI can create risks for shareholders.

Key Takeaways

  • Fable Security launched vishing simulations using AI voice impersonation to test employees against phone-based social engineering attacks.
  • Revolut cut coding costs by 90 percent by self-hosting GLM 4.5, improving coding time by 60 percent after April deployment.
  • Delta Electronics Thailand posted 42.4 percent Q3 2026 sales growth driven by AI infrastructure and data center component demand.
  • Google shares fell about 10 percent on weaker ad revenue and $51.4 billion in capital spending during Q3 2026.
  • Cisco 360 increased partner incentives by 50 percent for ACV growth and doubled Adopt incentives to push AI sales.
  • India's semiconductor consumption is projected to rise from $49.5 billion in 2025 to $106.5 billion by 2030, with space economy growing from $13 billion to $44 billion by 2033.
  • Fed chair nominee Kevin Warsh said high interest rates affect AI investment, contrary to views that tech spending is rate-immune.
  • Investors are advised to write down AI beliefs before buying into companies like Anthropic ahead of its IPO.
  • HawkSearch was chosen by a multi-brand hardware manufacturer for AI-powered product discovery across two brands with a unified shopping experience.
  • CrowdStrike reported vishing intrusions doubled in the first half of 2026 compared to the second half of 2025.

Fable Security launches vishing simulations to fight AI voice attacks

Fable Security released vishing simulations that let security teams test employees against phone-based social engineering. The tool uses AI voice impersonation for scenarios like password resets and vendor payment fraud. Teams choose phone lines, pick from over 100 scenarios, and review transcripts. The platform provides targeted follow-up training to drive behavior change rather than generic modules.

Fable Security launches vishing simulations for AI voice impersonation threats

Fable Security introduced vishing simulations to help organizations prepare for voice-based attacks. CrowdStrike reported vishing intrusions doubled in the first half of 2026 compared to the second half of 2025. Attackers use cheap voice cloning to impersonate employees, vendors, or executives. The simulations help security teams measure employee responses to phone-based attacks and improve verification practices.

Hardware manufacturer picks HawkSearch for AI product discovery

A multi-brand hardware and tools manufacturer selected HawkSearch by Bridgeline Digital to power search and product discovery across two of its brands. The deployment includes keyword search, recommendations, visual search, and a Shopping Assistant for conversational discovery. The manufacturer operates a unified eCommerce environment where shoppers can move between brands and share a cart. HawkSearch replaces an existing solution and expands the use of AI-powered discovery.

HawkSearch chosen by hardware manufacturer for unified commerce search

Bridgeline Digital announced that a multi-brand hardware manufacturer chose HawkSearch for AI-powered product discovery across two brands. The new deployment features marketing and merchandising tools, visitor targeting, and Unit of Measure functionality. The Shopping Assistant lets shoppers ask questions and add items to their cart using pricing and entitlement information. This win demonstrates HawkSearch ability to support multi-brand eCommerce with search and personalization.

Delta Thailand Q3 sales jump 42.4% on AI demand

Delta Electronics (Thailand) reported Q3 2026 sales of THB 75,801 million, up 42.4% year-over-year. Growth was driven by AI infrastructure and power electronics, especially components for data centers. Net profit rose 4.3% to THB 7,757 million but missed Bloomberg consensus of THB 8,734 million. The company plans to boost production in new factory buildings to address order backlogs.

Revolut cuts coding costs 90% with self-hosted AI

Revolut says it cut coding costs by 90 percent by running its own AI model instead of using cloud services. The bank uses GLM 4.5 at about 30 cents per million tokens. After self-hosting in April, coding time improved 60 percent and lead time improved 70 percent for a sample of 2,000 engineers. The system is a coding assistant for employees, not customer banking systems, and Revolut keeps it sandboxed with human oversight to meet EU rules.

Investors urged to write down their AI beliefs

A new comment piece says investors should clearly write down their views on AI before buying shares in companies like Anthropic. The upcoming Anthropic IPO will give investors more direct stakes in AI model builders. Different companies take different stances on issues like safety testing, military use, and model refusal. A guide called What do you believe about AI? offers 15 questions to help investors define their positions and understand risks tied to society's reaction to AI.

India manufacturers to gain from $3 trillion AI cycle

A report by Avendus Capital says India's new-age manufacturers could benefit from a $3 trillion global AI infrastructure investment cycle. Key sectors include defence, aerospace, space technology, robotics, semiconductors, energy transition and advanced materials. India's semiconductor consumption is expected to rise from $49.5 billion in 2025 to $106.5 billion by 2030, and its space economy could grow from about $13 billion to $44 billion by 2033. The report calls 2027 to 2028 a critical period as projects move toward production.

Google hit by the AI revolution it helped spark

Google's shares fell about 10 percent after the company reported weaker advertising revenue and heavy AI spending. Search advertising revenue grew 12 percent year-on-year in the third quarter of 2026, slowing from 17 percent earlier. Revenue in Google's services division reached $96.3 billion, below the expected $98.5 billion. The company also posted negative free cash flow of $9.1 billion and spent $51.4 billion in capital spending during the quarter.

Cisco 360 adds incentives to push AI partner sales

Nine months after launching Cisco 360, Cisco is increasing incentives to push partners toward AI opportunities and cross-architecture sales. The program now offers higher Partner Incentive rates, including a 50 percent increase in ACV growth rewards and doubled Adopt incentives. New tools include a beta version of One Cisco Content Agent, an AI resource for partners, and a CPI Deal Estimator. Partners like Trace3 and World Wide Technology say the changes are improving profitability and encouraging cross-selling.

Fed Chair Warsh says high interest rates affect AI investment

Kevin Warsh, nominee for Fed chair, said high interest rates affect AI investment. He spoke at a press conference on Oct. 28 after the FOMC October meeting. Warsh disagreed with the idea that AI spending is immune to rate hikes. He said a significant share of inputs for the technology boom comes from South Korea and Japan. He also mentioned his longtime friendship with Bank of Korea Governor Shin Hyun-song.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

AI-powered attacks vishing simulations voice impersonation AI coding assistant self-hosting AI model coding cost reduction AI infrastructure demand AI investment AI sales incentives semiconductor consumption space economy growth AI spending AI beliefs AI product discovery AI-driven shopping vishing intrusion increase AI investment impact

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