AI news today: Monday, November 2, 2026

1. 01
   2 Nov, 06:30 IST

   Foreign investors pull record sum from Taiwan stocks in AI rout

   Source: Bloomberg

   Markets: Bloomberg reports (paywall): foreign investors made a record withdrawal from Taiwan stocks as the global selloff in AI shares deepened.

   Why it mattersTaiwan is home to the chipmakers behind the AI boom, so record foreign selling there shows how far doubts about AI spending have spread into the supply chain. Not investment advice. More on AI funding & valuations →
2. 02
   2 Nov, 06:11 IST

   Asian stocks slip as AI spending worries weigh ahead of Apple results

   Source: Reuters (via Euronext)

   Markets: Reuters reports Asian shares slipped on Monday on worries about the sustainability of the AI investment boom, with Japan's Nikkei down 0.5% and South Korea down 0.8% after shedding 16% last month. Apple, AMD and Palantir report results this week after Intel's near 29% tumble on Friday.

   Why it mattersMany pension and savings funds hold big tech and chip stocks, so doubts about whether AI spending will pay off can show up in ordinary portfolios. This week's earnings from Apple, AMD and Palantir are the next test. Not investment advice. More on AI funding & valuations →
3. 03
   2 Nov, 05:53 IST

   Foreign investors turn net buyers of Indian stocks as AI trade cools

   Source: The Economic Times

   Markets: The Economic Times reports: foreign portfolio investors bought nearly $1.2 billion of Indian equities over the past 10 trading sessions after heavy selling, with some analysts calling Indian large-cap banks and IT stocks an 'anti-AI trade'.

   Why it mattersWorries about the AI trade may be steering some global money toward Indian large caps that lack a big AI industry, though analysts say the buying may be positional rather than a fresh bet on India. Not investment advice. More on AI funding & valuations →
5. 04
   2 Nov, 04:38 IST

   China's robot makers shift from flashy moves to the AI 'brains' that do real jobs

   Source: Reuters (via The Japan Times)

   Reuters reports Chinese companies are pouring money into embodied AI, software that lets robots understand their surroundings and learn new tasks without being programmed for each one. Chinese embodied AI firms raised 93.5 billion yuan ($13 billion) across 322 deals in the first half of 2026, five times a year earlier, according to research firm ITjuzi.

   Why it mattersRobots that can learn new tasks quickly could take on more factory, warehouse and logistics work, which affects jobs and prices worldwide. The money flowing in shows companies expect the profit to come from the software, not the machine itself. More on DeepSeek & China AI →
6. 05
   1 Nov, 18:54 IST

   Nigeria Customs says it is using AI to track online scams and fake news

   Source: Vanguard (Nigeria)

   The Nigeria Customs Service says it has begun using AI and digital data-tracking tools against fake news and online scams, and works with other agencies to identify and apprehend those spreading misleading information, according to Vanguard. Officials said AI is also used to rate the risk of imported goods and to analyse public sentiment.

   Why it mattersFake customs auctions and clearance scams cost people money, so better detection could help. It also shows governments using AI to monitor what people say online, which raises questions about how 'misleading' is defined. More on AI funding & valuations →
7. 06
   1 Nov, 18:07 IST

   East African ministers adopt a shared AI strategy and basic AI course for all university students

   Source: Eye Radio

   East African Community ministers approved regional AI and digital transformation strategies and a foundational AI module for undergraduates in every discipline, covering basic knowledge, practical use and responsible use. They also backed a regional AI network of universities and AI certification benchmarks for Kiswahili; the EAC's own press release has details.

   Why it mattersIf adopted, students across East Africa, not just computer science majors, would graduate with basic AI skills that employers increasingly ask for. Kiswahili benchmarks could push AI tools to work better for millions of Swahili speakers. More on AI in Africa →
8. 07
   1 Nov, 16:55 IST

   Türkiye plans to let AI score students' open-ended exam answers

   Source: Daily Sabah

   Türkiye's education ministry plans a school-based monitoring system for middle and high school students in Turkish, maths and science, with AI used to score answers to open-ended questions, Daily Sabah reports. The plan is set out in the 2027 Presidential Annual Program; the national ABIDE skills study will also move online.

   Why it mattersAI marking could give faster feedback to students, but parents and teachers will want to know how accurate and fair it is before it shapes grades. Other countries weighing AI in exams will watch how this works. More on AI in education →
9. 08
   1 Nov, 14:30 IST

   Brazil courts AI data centres with tax breaks and cheap power as US towns push back

   Source: Fortune

   Fortune reports Brazil's REDATA law, signed on 15 September, cuts taxes on qualifying data centre equipment, while its electricity costs less than half the US level. Companies must offer at least 10% of qualifying computing services to Brazilian customers and invest 2% of the equipment value in local research.

   Why it mattersData centres are the warehouses of computers that run AI. Brazil hopes they bring jobs and cheaper local cloud services, but Fortune notes officials are split on whether household electricity bills could rise as demand grows. More on AI funding & valuations →
10. 09
    1 Nov, 07:03 IST

    South Korea's exports hit a record $115.3 billion as AI chip sales surge

    Source: Yonhap

    South Korea's exports jumped 93.7% from a year earlier to a record $115.3 billion in October, driven by semiconductor shipments that rose 259% to $56.4 billion, Yonhap reports, citing the trade ministry. The ministry says annual exports could reach $1 trillion as early as November.

    Why it mattersThe AI building boom is now a major source of income for chip-exporting countries like Korea. It also leaves their jobs and growth exposed if AI spending slows, a worry already hitting Asian stock markets. More on AI chips & infrastructure →
11. 10
    1 Nov, 00:26 IST

    Judge lets NAACP lawsuit over Musk's AI data centre pollution move forward

    Source: CNBC

    A federal judge in Mississippi rejected SpaceX's AI division's bid to dismiss an NAACP lawsuit claiming gas turbines powering its Greater Memphis AI data centres violated the Clean Air Act, CNBC reports. The suit alleges 27 turbines ran in Southaven without an air permit; SpaceX did not immediately comment.

    Why it mattersIt is a test of whether communities living next to power-hungry AI sites can use clean-air laws to protect their health. The outcome could shape where and how AI data centres get built. More on AI policy & regulation →

Markets items summarise reporting from the linked sources. Figures are quoted from those sources only. Not investment advice.