Over the past 24 hours, the biggest AI story has been the boardroom drama at Nvidia: founder Jensen Huang's future is undecided and the share price has fallen in response. Meanwhile, Anthropic's IPO is several times oversubscribed, OpenAI's quarterly revenue has topped $10 billion for the first time, and Google, Runway and OpenRouter each have news of their own.
1. Nvidia's board moves to oust Jensen Huang. The Wall Street Journal reported on November 12 that Nvidia's board is preparing to remove founder and CEO Jensen Huang, after he admitted to extramarital affairs with a company supplier executive and a company employee; the board could meet as soon as Wednesday to decide his future. Nvidia shares fell about 7% in premarket trading, and prediction markets now put the odds of him leaving this year at around 75%.
2. Anthropic's IPO is several times oversubscribed. Bloomberg reported on November 11 that, two days into the roadshow, orders for Anthropic's IPO already run to several times the shares on offer. The company is selling 825 million shares at $70 to $78 each, plans to price on November 18 and list on Nasdaq on November 19. At the top of the range, the fully diluted valuation would be about $1.4 trillion, potentially the largest IPO in history.
3. OpenAI's Q3 revenue tops $10 billion for the first time. CFO Sarah Friar confirmed on November 11 that third-quarter revenue reached $10 billion, up nearly 50% quarter over quarter. The enterprise business doubled quarter over quarter and now accounts for roughly half of revenue, alongside the consumer business; paid subscriptions exceed 100 million and weekly active users stand at 1.2 billion. But the operating loss widened to $10.9 billion in the same quarter, so the burn rate hit a new high too.
4. Google launches the Gemini Decisions API. Google announced on its official blog on November 11 a new endpoint powered by the Gemini Decision 1 model: a single request can pose up to 1,000 yes/no, multiple-choice or rubric-scoring questions against text, images, audio, video or PDFs, with the model scoring the options in one forward pass and returning probabilities and confidence scores, at 150-250 ms end-to-end latency. Input costs $0.10 per million tokens and output is free.
5. Runway open-weights Praxis-1. Runway announced on November 11 that Praxis-1, its 27-billion-parameter world action model, is now available under the Apache 2.0 license, downloadable from GitHub and Hugging Face. It scores 46.2% on Nvidia's RoboLab-120 benchmark, ahead of every open-weight vision-language-action model, with support for full fine-tuning and LoRA adaptation.
6. Grok faces multiple lawsuits over images of minors. Bloomberg reported on November 11 that plaintiffs in three US states allege Grok turned childhood photos into sexually suggestive images; a nationwide class action in California further alleges the model's training data contains images of the plaintiff being abused as a young child. xAI denies responsibility, saying the images were generated by users. At the heart of the cases is whether Section 230 immunity applies to generative AI.
7. OpenRouter adds eight languages. OpenRouter announced on its official blog on November 12 that the site now supports Simplified Chinese, Spanish, Portuguese, German, French, Japanese and Korean, with localization in beta. Behind it is a self-correcting translation pipeline: a translator model drafts, code checks run, a second model verifies, and a person merges the result, with changed strings processed automatically each day; retranslating the whole site costs about $460.
