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AI news and headlines on Wednesday, 4 November 2026

Wednesday, 4 November · updated 15 min ago

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Wednesday, 4 November

97 AI News stories that day, ranked · Show all days

Jobs

Canva Cuts Over 1,200 Jobs in AI-Era Restructuring

Canva, the design software company, is cutting over 1,200 jobs as it restructures for the AI era. Its chief executive, Melanie Perkins, said the move follows the company's first slowdown in growth in a decade. She said it reflects a need to rethink how it operates and organises its teams.

Quick glossaryCanva, restructuring
Canva
Canva is an Australian online design platform, best known for easy tools to make posters, presentations and social media graphics.
restructuring
Reorganising how a company is run, often changing teams, roles and sometimes cutting jobs to work better.
YourStory
Burning Potato score: 73%
Business

Most Business Leaders See Rising Risks Tied to AI

A KPMG report finds that 70% of global business leaders say their risk exposure is rising, with AI and geopolitical disruptions among the reasons. Over the next three to five years, 56% of respondents expect outside shocks such as energy, cyber, trade or climate problems to cause severe disruption or hit costs and performance.

Quick glossaryKPMG, Geopolitical, Operational disruptions
KPMG
A large professional services firm headquartered in the Netherlands, known for audit, tax and consulting work for big companies.
Geopolitical
Relating to how countries' politics and power struggles around the world affect trade, safety and business.
Operational disruptions
Events that stop or slow a company's normal daily work, such as system failures or shortages of supplies.
Economic Times Tech
Burning Potato score: 73%
Jobs

Google Offers Voluntary Buyouts to Staff in Several Countries

Google has extended voluntary buyout offers to employees in several countries. The move comes as heavy AI spending has worried Wall Street and weighed on Alphabet's share price. It follows Microsoft's offer of voluntary buyouts to 60,000 staff last week to control costs. Alphabet's workforce had grown steadily in recent quarters.

Quick glossaryGoogle, Alphabet's, voluntary buyout
Google
A US tech giant best known for its search engine, Gmail and Android phones, and owned by Alphabet.
Alphabet's
The parent company that owns Google and several other businesses, and whose shares are traded on the stock market.
voluntary buyout
An offer where staff can choose to leave a job in return for a payout, instead of being forced out.
Economic Times Tech
Burning Potato score: 73%
Research

AI Helps Keep Planes Safe in Bad Weather

Researchers at Nanyang Technological University in Singapore report that artificial intelligence can help keep planes safe when the weather turns bad. The work shows a practical way AI could support aviation, an area where safety is the top priority.

Quick glossaryNanyang Technological University
Nanyang Technological University
A public university in Singapore, known for its engineering and science research programmes.
Nanyang Technological University - NTU Singapore
Burning Potato score: 72%
Tools

Character.AI Chat History Can Now Be Exported in Minutes

The AI character chat app Character.AI has filed for Chapter 11 bankruptcy, with its auction set for November 23. Its built-in data export takes three to four weeks, and download links expire after seven days. A new open-source tool can export chats in minutes and runs locally on your computer.

Quick glossaryCharacter.AI, Chapter 11, data export
Character.AI
Character.AI is an AI chat app where users talk with AI-powered characters, best known for role-play style chats.
Chapter 11
A US bankruptcy process that lets a company reorganise its debts or sell itself while it keeps running.
data export
A feature that lets you download a copy of your stored account information, such as chat history, from an app.
github.com
Burning Potato score: 71%
Jobs

AI Panic Leads to Back Office Job Cuts, but Not the Expected Roles

Back office jobs are being cut as companies bring in AI, but the roles going are not the ones many people expected. The report suggests the job losses look different from the fears that spread when AI tools first became popular across workplaces.

Quick glossaryBack office, Panic
Back office
Work done behind the scenes in a company, such as record keeping, accounts and admin, rather than with customers directly.
Panic
A sudden wave of fear that spreads quickly among people, often before the full facts are known.
rnz.co.nz
Burning Potato score: 71%
Health

UCB Uses AI With Cradle to Design New Antibodies

UCB, a drugmaker, has partnered with Cradle to design its antibodies using artificial intelligence. The deal shows AI being used to speed up how antibody-based medicines are created. The partnership is a sign of growing AI use in drug research.

Quick glossaryUCB, antibody
UCB
A Belgium-based drugmaker known for medicines that treat immune and nerve-related diseases.
antibody
A protein the immune system makes to spot and lock onto germs or harmful cells, and which medicines can also be built from.
Idéal Investisseur
Burning Potato score: 70%
Jobs

NICE Lays Off About 500 Employees

Israeli software firm NICE is letting go of around 500 staff, according to a report from The Jerusalem Post. The short report does not give details on which teams or roles are affected. Job cuts like this matter to the people losing work, and they show how tech firms are reshaping their staff.

Quick glossaryNICE, Layoffs
NICE
An Israeli company that sells software to businesses, best known for tools that run customer service call centres.
Layoffs
When a company ends the jobs of a group of its staff, usually to cut costs or reshape the business.
The Jerusalem Post
Burning Potato score: 70%
Funding

Hidden AI Debt at US Tech Giants Rises 90% to $3.2 Trillion

Hidden AI debt at major US tech giants has jumped 90% in six months to $3.2 trillion, according to a Nikkei Asia report. It shows how much borrowing is backing the race to build AI, and how quickly that debt has grown recently.

Quick glossaryNikkei Asia, Hidden debt
Nikkei Asia
A Japanese business news outlet known for covering companies, markets and economic news across Asia.
Hidden debt
Money owed that is not clearly listed in a company's headline financial figures, often through side arrangements and separate entities.
Nikkei Asia
Burning Potato score: 69%
Business

AMD Takes $1 Billion Charge From Meta and OpenAI Chip Deals

AMD agreed in February to sell up to $60 billion of AI chips to Meta over five years. Meta gets warrants that could let it buy up to 10% of AMD if milestones are met. A similar earlier deal with OpenAI led to a quarterly charge of about $1 billion.

Quick glossaryAMD, warrants, quarterly charge
AMD
A US chip maker, best known for its processors and graphics chips, competing with Intel and Nvidia.
warrants
A right that lets its holder buy company shares at a set price at a later date.
quarterly charge
A cost a company must record in one three-month period, lowering its reported profit for that period.
Economic Times Tech
Burning Potato score: 69%
Business

Revolut Switches From Claude to a Cheaper Chinese AI Model

Revolut, the digital bank, has moved its AI coding work from Anthropic's Claude to GLM, an open-weight model from China. The switch reportedly cuts its AI coding bill by 90 percent. The story is from Dealroom and was shared on Hacker News.

Quick glossaryRevolut, Claude, open-weight model
Revolut
Revolut is a British digital banking app, best known for its cards, payments and currency exchange.
Claude
An AI assistant made by the company Anthropic, used here to help write computer code.
open-weight model
An AI model whose learned settings are shared publicly, so anyone can download it and run it themselves.
dealroom.co
Burning Potato score: 69%
Security

Singapore Airlines Says 46,000 Booking Records May Be Affected

Singapore Airlines said about 46,000 booking records may have been affected by a cybersecurity incident involving Amadeus, the travel technology firm that runs its reservation systems. The airline shared this on Tuesday. The case is a reminder that airlines and their tech partners hold large amounts of customer details.

Quick glossarySingapore Airlines, Cybersecurity incident, Amadeus
Singapore Airlines
Singapore's national carrier, widely known for long-haul flights and its service standards, based in Singapore.
Cybersecurity incident
A problem where hackers or faults may have reached computer systems or data that should have stayed protected.
Amadeus
A Spain-based travel technology company whose software is used by many airlines to handle bookings and reservations.
Economic Times Tech
Burning Potato score: 68%

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