Alex Karp, CEO of Palantir, says demand for AI is growing far faster than the company can keep up. He believes Palantir has a unique position as the industry around it explodes. Karp also noted that the company spends time educating clients about the risks of relying on closed AI models, and that industry leaders eventually turn to Palantir when AI becomes real.
Google's Gemini app now lets users create digital twins from their face and voice. Users scan their face and record their voice, and the resulting avatar can appear in AI-generated photos and videos. The feature requires users to be at least 18 years old with a personal Google account, and some tools require a subscription to eligible Google AI plans. Google also provides privacy settings so users can review or delete their data.
South Korea announced it will double its spending on AI and semiconductors in 2027 to a record high. President Lee Jae Myung proposed investing 21.3 trillion won in AI, semiconductors, and AI data centers. The plan identifies semiconductors, physical AI, and AI data centers as three major strategic projects. The country also aims to use this technology to modernize its military.
Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick spoke at the Global Financial Leaders' Investment Summit in Hong Kong. They said AI technology offers enormous opportunities despite recent stock sell-offs in China. Both leaders emphasized AI's productivity and cost benefits and praised the resilience of the US economy.
Economists warn that Britain faces a substantial recession risk if spending on artificial intelligence slows down. The warning follows a sharp sell-off in tech stocks driven by concerns about AI returns. October 2026 was the worst month for the Nasdaq in over a year and a half. Lead economist Adam Slater from Oxford Economics said removing the AI boom leaves economies with weak growth.
B1, a sports betting supplier, is targeting an 8 percent margin with its AI cricket betting product called AI Cricket Super League. The system uses an AI engine trained on real cricket gameplay to create dynamic match scenarios. It offers 10 pre-match and 6 live betting markets with automated odds adjustments. Integration takes 2 to 4 weeks through standard sportsbook APIs.
Apartment List has partnered with Grotto AI to help leasing teams provide more personalized rental experiences. Grotto's platform shares renter preferences like budget and move-in date with leasing agents before conversations begin. In a test across 311 communities at Weidner Apartment Homes, lead-to-tour conversion increased by 35 percent.
Free AI courses are available in November 2026 from IBM, Anthropic, Coursera, and HP. IBM offers a course on designing AI assistant workflows using IBM watsonx Orchestrate. Anthropic provides a beginner course on AI fluency for creative professionals using its 4D framework. Coursera and HP offer courses on human-AI systems integration and AI ethics including the EU AI Act.
Taco Bell reported that average sales per store fell about 5 percent to $472,000 in the third quarter of 2026. System sales fell 2 percent to $4.29 billion even though the chain added 286 restaurants to reach 9,102. Same-store sales dropped 4 percent and operating profit fell to 20.5 percent from 23.9 percent a year earlier. CEO Chris Turner said Taco Bell U.S. began outpacing competitors since the end of September.
A new ICICI Bank report says the US midterm elections on November 3 will likely not slow down artificial intelligence investment. Republican-led states hold 62 percent of data center capacity, but even a change in Congress would only put about 15 percent of capacity at risk. However, the report warns of possible government shutdown risks in late 2026 and 2027.
Key Takeaways
- Palantir CEO Alex Karp says AI demand is growing faster than the company can serve
- Google Gemini lets users create digital twins from face and voice with privacy controls
- South Korea to double AI and chip spending to 21.3 trillion won in 2027
- UK economists warn of recession risk if AI spending slows down
- Goldman Sachs and Morgan Stanley CEOs highlight AI opportunities despite tech sell-off
- B1 targets 8 percent margin with AI Cricket Super League betting product
- Apartment List and Grotto AI partnership boosts lead-to-tour conversion by 35 percent
- Free AI courses from IBM, Anthropic, Coursera, and HP available in November 2026
- Taco Bell system sales fell 2 percent to $4.29 billion in Q3 2026
- US midterm elections unlikely to disrupt AI investment cycle, ICICI Bank report says
Palantir CEO says AI demand is much larger than they can serve
Alex Karp, CEO of Palantir, said the market for AI is growing faster than the company can keep up. He believes Palantir is unique and that the industry around it is exploding. He also noted that the company spends time educating clients about the risks of using closed AI models. Karp said industry leaders realize they need Palantir when AI becomes real.
Peak AI spending could be positive for stocks, experts say
Experts on a Yahoo Finance panel discussed whether peak AI capital spending could benefit stocks. They said AI investment growth may slow over the next 12 to 18 months. However, they added that the market is starting to care about fundamentals again. The panel included Turney Duff, Paisley Nardini, David Wagner, Dan DeFrancesco, and Nate Wolf.
South Korea to double spending on AI and chips in 2027
South Korea announced it will double its spending on AI and semiconductors in 2027 to a record high. President Lee Jae Myung said the country will use this technology to modernize the military. The pledge was made on Monday as part of a broader national strategy.
South Korea proposes 21.3 trillion won for AI and data centers
South Korea proposed investing 21.3 trillion won in AI, semiconductors, and AI data centers for 2027. This nearly doubles the current year's allocation. President Lee Jae Myung announced the plan in a budget speech on November 2. He identified semiconductors, physical AI, and AI data centers as three major strategic projects.
B1 targets 8 percent margin with AI cricket betting product
B1, a sports betting supplier, is targeting an 8 percent margin with its AI cricket betting product called AI Cricket Super League. The system uses an AI engine trained on real cricket gameplay to create dynamic match scenarios. It offers 10 pre-match and 6 live betting markets with automated odds adjustments. Integration takes 2 to 4 weeks through standard sportsbook APIs.
Goldman Sachs highlights AI opportunities amid tech stock sell-off
Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick spoke at the Global Financial Leaders' Investment Summit in Hong Kong on Tuesday. They said AI technology offers enormous opportunities despite recent stock sell-offs in China. Both leaders emphasized AI's productivity and cost benefits. They also praised the resilience of the US economy amid global challenges.
UK economists warn recession risk if AI spending slows
Economists warn Britain faces a substantial recession risk if spending on artificial intelligence slows down. The warning comes after a sharp sell-off in tech stocks driven by concerns about AI returns. October 2026 was the worst month for Nasdaq in over a year and a half. Lead economist Adam Slater from Oxford Economics said removing the AI boom leaves economies with weak growth. He added that slowing AI momentum could lead to substantial recession risk.
Apartment List teams with Grotto AI for personalized rental searches
Apartment List and Grotto AI announced a partnership to help leasing teams provide more personalized rental experiences. Grotto's platform shares renter preferences like budget and move-in date with leasing agents before conversations begin. The system coaches agents in real time to use that information during talks with prospective renters. In a test across 311 communities at Weidner Apartment Homes, lead-to-tour conversion increased by 35%. The partnership aims to make finding a rental home easier for everyone.
Best free AI courses to take in November 2026
Several free AI courses are available in November 2026 to help learners build new skills. IBM offers a course on designing AI assistant workflows using IBM watsonx Orchestrate over three weeks. Anthropic provides a beginner course on AI fluency for creative professionals using its 4D framework. Coursera and HP also offer courses on human-AI systems integration and AI ethics including the EU AI Act. These courses cover topics from building AI tools to understanding ethical concerns.
Taco Bell sales per store fell 5% to $472K in Q3 2026
Taco Bell reported average sales per store fell about 5% to $472,000 in the third quarter of 2026, down from $496,000 a year earlier. System sales fell 2% to $4.29 billion even though the chain added 286 restaurants to reach 9,102. Same-store sales dropped 4% following declines in earlier quarters. Operating profit fell to 20.5% from 23.9% in the same quarter last year. CEO Chris Turner said Taco Bell U.S. began outpacing competitors since the end of September.
US midterm elections unlikely to disrupt AI investment cycle
A new ICICI Bank report says the US midterm elections on November 3 will likely not slow down artificial intelligence investment. Republican-led states hold 62 per cent of data centre capacity, but even a change in Congress would only put about 15 per cent of capacity at risk. However, the report warns of possible government shutdown risks in late 2026 and 2027, along with a debt ceiling standoff around mid-2027.
Gemini lets users create digital twins from face and voice
Google's Gemini app now lets users turn their face and voice into a digital avatar using artificial intelligence. Users scan their face and record their voice through the app, and the avatar can then appear in AI-generated photos and videos. The feature requires users to be at least 18 years old with a personal Google account, and some tools need a subscription to eligible Google AI plans. Google also provides privacy settings so users can review, control, or delete their recorded data.
Sources
- Alex Karp on Palantir's AI demand: 'Much larger than we can service'
- Why peak AI spending could be good news for stocks
- South Korea to double spending on AI and chips in 2027
- South Korea proposes KRW 21.3 trn investment in AI and data centre projects
- B1 targets 8% margin with AI cricket sports betting product
- As AI sell-offs rattles investors, Goldman Sachs touts āenormous opportunitiesā
- UK Faces Substantial Recession Risk If AI Spending Slows, Economists Warn
- Apartment List and Grotto AI Partner to Help Leasing Teams Deliver a More Personalized Rental Experience
- Best Free AI Courses in November 2026 āTraining Explained
- Yum Filing: Taco Bell Sales per Store Fell 5% to $472K
- US midterm outcome unlikely to disrupt AI investment cycle; govt shutdown risks loom: Report
- Gemini opens the door to digital twins... Transform your face and voice into a virtual character using artificial intelligence
Comments
Please log in to post a comment.