{"id":"1793760251989-tech-segment","slug":"alphabet-s-worst-day-since-2004","title":"Alphabet's worst day since 2004","summary":"TechCrunch reports Anthropic is developing FlashProve, a system that would let people verify that an AI response really came from the model it claims to be.\n\nTechCrunch reports data-center builders are turning to old jet engines for power because grid access and new turbines can take years.\n\nTechCrunch reports Ballistic Ventures is seeking $360 million for a new flagship fund and $130 million for a separate vehicle, totaling $490 million.\n\nTechCrunch reports Palantir's U.S. commercial revenue surpassed U.S. government revenue for the first time.","publishedAt":"2026-11-04T02:44:11.989Z","channel":{"id":"tech","name":"Oncast Tech","language":"en"},"show":"Tech Tonight","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: TechCrunch reports Anthropic is developing FlashProve, a system that would let people verify that an AI response really came from the model it claims to be.\nSource: TechCrunch NAMES: Anthropic = AI company behind Claude. (https://techcrunch.com/2026/11/03/anthropic-is-working-on-a-system-to-prove-ai-models-identity/)\n\nTRUE: TechCrunch reports data-center builders are turning to old jet engines for power because grid access and new turbines can take years.\nSource: TechCrunch NAMES: None. (https://techcrunch.com/2026/11/03/data-centers-are-turning-to-old-jet-engines-as-the-wait-for-power-grows/)\n\nTRUE: TechCrunch reports Ballistic Ventures is seeking $360 million for a new flagship fund and $130 million for a separate vehicle, totaling $490 million.\nSource: TechCrunch NAMES: Ballistic Ventures = cybersecurity-focused venture capital firm; Ted Schlein = its leader. (https://techcrunch.com/2026/11/03/ted-schleins-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven-cybersecurity-boom/)\n\nTRUE: TechCrunch reports Palantir's U.S. commercial revenue surpassed U.S. government revenue for the first time.\nSource: TechCrunch NAMES: Palantir = data analytics and defense software company, ticker PLTR. (https://techcrunch.com/2026/11/03/hiding-inside-palantirs-skyrocketing-quarter-is-a-foreboding-signal/)","claims":[{"verdict":"TRUE","summary":"TechCrunch reports Anthropic is developing FlashProve, a system that would let people verify that an AI response really came from the model it claims to be.","sourceName":"TechCrunch NAMES: Anthropic = AI company behind Claude.","sourceUrl":"https://techcrunch.com/2026/11/03/anthropic-is-working-on-a-system-to-prove-ai-models-identity/","claim":"Anthropic is working on a system to prove AI models’ identity - Called FlashProve, the system would let anyone check that an AI response really came from the model it claims to be from.","author":"TechCrunch"},{"verdict":"TRUE","summary":"TechCrunch reports data-center builders are turning to old jet engines for power because grid access and new turbines can take years.","sourceName":"TechCrunch NAMES: None.","sourceUrl":"https://techcrunch.com/2026/11/03/data-centers-are-turning-to-old-jet-engines-as-the-wait-for-power-grows/","claim":"Data centers are turning to old jet engines as the wait for power grows - The years-long wait for access to the grid and new turbines is causing data center builders to turn to an unusual, less-efficient and less environmentally friendly solution: once-discarded jet engines.","author":"TechCrunch"},{"verdict":"TRUE","summary":"TechCrunch reports Ballistic Ventures is seeking $360 million for a new flagship fund and $130 million for a separate vehicle, totaling $490 million.","sourceName":"TechCrunch NAMES: Ballistic Ventures = cybersecurity-focused venture capital firm; Ted Schlein = its leader.","sourceUrl":"https://techcrunch.com/2026/11/03/ted-schleins-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven-cybersecurity-boom/","claim":"Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom - Cybersecurity-focused Ballistic Ventures is seeking to raise $360 million for a new flagship fund and another $130 million for a separate investment vehicle.","author":"TechCrunch"},{"verdict":"TRUE","summary":"TechCrunch reports Palantir's U.S. commercial revenue surpassed U.S. government revenue for the first time.","sourceName":"TechCrunch NAMES: Palantir = data analytics and defense software company, ticker PLTR.","sourceUrl":"https://techcrunch.com/2026/11/03/hiding-inside-palantirs-skyrocketing-quarter-is-a-foreboding-signal/","claim":"Hiding inside Palantir’s skyrocketing quarter is a foreboding signal - Palantir's U.S. commercial revenue surpassed U.S. government revenue for the first time ever.","author":"TechCrunch"}]},"sources":[{"url":"https://techcrunch.com/2026/11/03/anthropic-is-working-on-a-system-to-prove-ai-models-identity/","name":"TechCrunch NAMES: Anthropic = AI company behind Claude.","kind":"news","verdict":"TRUE","author":"TechCrunch"},{"url":"https://techcrunch.com/2026/11/03/data-centers-are-turning-to-old-jet-engines-as-the-wait-for-power-grows/","name":"TechCrunch NAMES: None.","kind":"news","verdict":"TRUE","author":"TechCrunch"},{"url":"https://techcrunch.com/2026/11/03/ted-schleins-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven-cybersecurity-boom/","name":"TechCrunch NAMES: Ballistic Ventures = cybersecurity-focused venture capital firm; Ted Schlein = its leader.","kind":"news","verdict":"TRUE","author":"TechCrunch"},{"url":"https://techcrunch.com/2026/11/03/hiding-inside-palantirs-skyrocketing-quarter-is-a-foreboding-signal/","name":"TechCrunch NAMES: Palantir = data analytics and defense software company, ticker PLTR.","kind":"news","verdict":"TRUE","author":"TechCrunch"}],"url":"https://oncast.fm/story/1793760251989-tech-segment-alphabet-s-worst-day-since-2004","listenUrl":"https://oncast.fm/c/tech","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1793760251989-tech-segment-alphabet-s-worst-day-since-2004","cite":"Cite https://oncast.fm/story/1793760251989-tech-segment-alphabet-s-worst-day-since-2004 and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Chris","text":"Alphabet just posted its worst day on the market since it listed in 2004."},{"host":"Matilda","text":"Simple Investor on X turned that into a ten-year test: will Alphabet still matter in 2036?"},{"host":"Chris","text":"The exact question: 'Will Alphabet still be one of the world's most important technology companies 10 years from now?'"},{"host":"Matilda","text":"I'll answer it after the numbers. Google Cloud revenue more than doubled, but search only grew twelve percent."},{"host":"Chris","text":"Cloud hit thirty point seven billion dollars, up a hundred and three percent. That's not nothing."},{"host":"Matilda","text":"Search was below the fifteen percent Wall Street expected. That's the moneymaker."},{"host":"Chris","text":"Free cash flow went negative by nine billion after fifty-one billion in capital spending and a five billion dollar EU fine."},{"host":"Matilda","text":"They're guiding to a hundred and seventy-five to a hundred and eighty-five billion in capital spending this year. Last year was ninety-one."},{"host":"Chris","text":"So they're spending to own the next platform, and the market just gave them a twelve point six percent haircut."},{"host":"Matilda","text":"It wasn't a mood swing. If AI Mode search monetizes lower than traditional ads, the core gets weaker."},{"host":"Chris","text":"But Cloud backlog is over half a trillion. The demand is there."},{"host":"Matilda","text":"A backlog is not cash. Sonde Markets says capex could absorb almost all cash until 2029."},{"host":"Chris","text":"Gavin Baker at Atreides says only Meta, Google, and xAI will matter in enterprise in five years because they have unique data."},{"host":"Matilda","text":"Unique data doesn't pay the five billion dollar EU fine. And it doesn't make AI Mode ads pay like Search ads."},{"host":"Chris","text":"Come on. Amazon spent years building AWS before it printed money. Sometimes you have to spend to own the platform."},{"host":"Matilda","text":"Alphabet is doing that while Search slows. That's two fights, not one."},{"host":"Chris","text":"And the post asks about 2036. On that timeline, I'd rather be the company with YouTube, Android, Search, and Cloud doubling."},{"host":"Matilda","text":"So you say yes. I say: yes, but only if AI Mode doesn't gut the ad machine."},{"host":"Chris","text":"That sell-off says the market wants proof today, not in ten years."},{"host":"Matilda","text":"Fine. We disagree on patience. That's the argument."},{"host":"Chris","text":"Speaking of AI models claiming big leaps, there's a new one making the rounds."},{"host":"Matilda","text":"Two accounts on X are pushing a new OpenAI model called GPT-6.1 Terra."},{"host":"Chris","text":"Base RSS on X says AskVenice shipped GPT-6.1 Terra, matching GPT-6 Astra at a tenth the cost."},{"host":"Matilda","text":"And Waheed Sheikh says OpenAI launched it for screen and app tasks, with API prices fifty percent lower."},{"host":"Chris","text":"Hold on—OpenAI hasn't confirmed any of that. These are claims, not a launch."},{"host":"Matilda","text":"Right. That's why we're treating it as a claim, not news."},{"host":"Chris","text":"But if it were true, a model that sees a screen and operates apps for half the price would matter for every office."},{"host":"Matilda","text":"You're already pricing it into reality. It's a rumor."},{"host":"Chris","text":"I'm an optimist, but I'm not naïve. I want the actual API docs before I believe a tenth of cost."},{"host":"Matilda","text":"The takeaway: the AI hype machine is still running ahead of OpenAI's actual announcements."},{"host":"Chris","text":"And that's dangerous, because people start making business plans on leaked names."},{"host":"Matilda","text":"One more headline worth checking: Rich Griese on X says AI detectors like Pangram are changing how writers write."},{"host":"Chris","text":"What does that even mean?"},{"host":"Matilda","text":"Authors are dropping em dashes, 'not X but Y' phrasing, words like 'delve,' or adding typos to look human."},{"host":"Chris","text":"So the robots taught us to seem less robotic. Great."},{"host":"Matilda","text":"The claim is not verified, but it's a real shift. People are gaming the detectors instead of the writing."},{"host":"Chris","text":"And in Arizona, the same account says there's growing bipartisan opposition to AI data centers in drought areas. I doubt that's just drought."},{"host":"Matilda","text":"It's power and water. Data centers are thirsty. The headline deserves more reporting, not a reaction."},{"host":"Chris","text":"Agree on the reporting. The grid can't keep up, and that's the real fight."},{"host":"Matilda","text":"And if the grid can't keep up, the data center fight will get a lot louder."},{"host":"Chris","text":"From Alphabet's cash burn to unverified model names to writers gaming detectors—tonight is a trust test."}]}