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This week in AI: 2 Nov 2026 to 8 Nov 2026

3 stories this week across 2 categories. Each links to the official announcement, filing or paper it is based on.

Previous week

Robotic assembly cells on the factory floor at Foundry Robotics, with the company logo and the words The New American FactoryTech AI Latest

Foundry Robotics raises $100 million Series A to run an AI-driven assembly factory

AI Business & Funding

Foundry Robotics raised an oversubscribed $100 million Series A led by Marlinspike Partners on 28 October 2026 to expand its robotic assembly plant in California.

Summary

Foundry Robotics, an Emeryville, California startup that builds and operates its own factories for complex assembly, announced an oversubscribed $100 million Series A led by Marlinspike Partners on 28 October 2026. The company uses AI-powered robotic cells with manufacturing staff, sells production as a service and says it already ships to paying customers in energy, telecom, autonomous vehicles and defense. Valuation and revenue were not disclosed.

Image Serval published with the announcement covered in this storyTech AI Latest

Serval raises $150 million Series C led by Sequoia at a $3 billion valuation

AI Business & Funding

Serval, an AI platform for IT and enterprise service management, raised a $150 million Series C led by Sequoia at a $3 billion valuation on 29 October 2026.

Summary

Serval announced on 29 October 2026 a $150 million Series C led by Sequoia at a $3 billion valuation, its third round in about twelve months and three times the valuation of its December 2025 Series B. Total funding is now $277 million. The company, which pitches its AI service management platform as a ServiceNow replacement, plans to hire more than 500 people, including over 100 automation engineers for a new services arm.

A data center corridor with glass-walled server racks lit in blue, overlaid with dark hexagon shapes and a shield icon.Tech AI Latest

Microsoft rates AI adoption by eight North Korean hacking groups, three fully operational

Cybersecurity

Microsoft Threat Intelligence said on 29 October 2026 that eight North Korean groups use AI, three across all operations, from 100+ phishing lures to ARTEX agents.

Summary

Microsoft Threat Intelligence published an assessment on 29 October 2026 of how eight North Korean state hacking groups use generative and agentic AI. It places Jade Sleet, Coral Sleet and Jasper Sleet at the highest of four adoption stages, says Onyx Sleet produced more than 100 tailored PDF lures in minutes, and reports ARTEX agents in live operations since late October. Microsoft says the operations remain human-directed, not autonomous.

In brief

Cybersecurity

More Cybersecurity

AI Business & Funding

More AI Business & Funding