Nugget

Tech News · The field notes

Personal Tech — Friday, November 6, 2026

AI stocks tumble in a brutal Thursday selloff, OpenAI drops data-center NDAs after the midterms, chip packaging becomes the new battleground, and Sand.ai raises two hundred million dollars.

AI stock selloff Nov 5

  • Nasdaq -5.52%, S&P 500 -4.36%, Nvidia -9.3%, AMD -17%+, Philadelphia Semiconductor Index -12%+
  • Big Tech capex $720B+ this year
  • Alphabet negative FCF $9.1B in Q3, capex $51.4B, second straight quarter in the red

OpenAI drops NDAs with public officials on data-center projects (The Verge, Nov 6)

  • will pay full cost of electricity and infrastructure
  • narrow protections only
  • follows Nov 3 midterm data-center backlash

Chip packaging battleground (Reuters, Nov 6)

  • advanced packaging revenue to overtake traditional packaging in 2026
  • capex ~$28B
  • TSMC dominates CoWoS
  • Nvidia financing SPIL capacity expansion
  • packaging could be half of chip value (Gelsinger)

Cat Wu, Claude Code product leader, joins OpenAI to lead Core Products product management (Nov 5)

  • follows OpenAI's planned acquisition of Pierre Computer Company for Codex Git workflows

DeepSeek Harness

  • ~1.54M daily active users, ~92 trillion tokens/day, ~35,000 third-party plugins (company-reported)

Funding

  • Sand.ai $200M Series A+ (generative video, ~$300M total in 2026)
  • Sentra $150M Series C led by Capital One Ventures (data security vs AI agents)
  • Fal $1.3B Series F at $16B valuation (Bessemer, Nvidia)
  • Humble Robotics $51M Series A (Obvious Ventures)

Rapid-fire

  • DOJ indictment alleges AI-enabled impersonation stole $129M
  • SpaceX + Qualcomm Dragonwing terrestrial 5G for Starlink Mobile (from 2027, tens of thousands of sites)
  • Google licenses custom AI chips to Oracle
  • OpenAI releases Images 2.6 with GIF animation

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