OpenAI’s $20B revenue, Europe cracks down on AI & more (November 7, 2025)

Good morning,

AI is no longer a tech experiment, it’s a trillion-dollar arms race. From OpenAI’s explosive revenue to Europe’s new regulatory push and Nvidia’s Wall Street stumble, today’s stories show both the acceleration and fragility of this new economy.

Let's dig in👇

💰 Money Moves

💸 Sam Altman says OpenAI will top $20B in annual revenue

Sam Altman announced that OpenAI expects to exceed $20 billion in annualized revenue by the end of 2025, driven by ChatGPT and enterprise licensing. The figure doubles earlier forecasts, highlighting the company’s rapid monetization across APIs and partnerships. With Altman projecting “hundreds of billions” by 2030, OpenAI is cementing itself as the economic core of the AI era.

🇪🇺 Europe pushes AI Act enforcement amid tensions with U.S. tech

The European Commission reaffirmed its plan to fully enforce the EU’s AI Act, despite rising diplomatic tension with the Trump administration. The move aims to hold Big Tech accountable for AI transparency and data sourcing. As regulatory fault lines deepen, global companies face a future of fragmented compliance regimes shaping how AI is built and sold.

📉 Nvidia leads tech declines as Trump rules out federal bailout

Markets reacted sharply after a senior Trump official said there will be “no federal backstop” for over-leveraged AI ventures. Nvidia led a sector-wide selloff as investors reassessed the risk of AI-heavy portfolios. The statement marks a turning point, signaling Washington’s intent to let the AI market correct itself without intervention.

🚀 New Launches

🧠 Chinese startup Moonshot AI unveils Kimi K2 Thinking model

Moonshot AI launched its Kimi K2 model, claiming a leap in open-source reasoning and context depth rivaling GPT-4-level performance. The model runs on local Chinese hardware, reducing dependency on U.S. chips. It signals China’s growing bid for AI autonomy and a new chapter in the global intelligence race.

📚 Amazon launches AI-powered Kindle Translate

Amazon announced an AI translation tool enabling authors to convert eBooks into multiple languages within minutes. The feature supports real-time previews and cultural context adjustments to preserve tone. This expands Kindle’s global reach and positions Amazon as an AI-enabled publishing platform rather than just a retailer.

📊 Workday debuts custom AI model library for contract intelligence

Workday introduced a suite of domain-specific AI models tailored for HR, finance, and procurement. Users can mix pre-trained models with in-house data for contract review and compliance. It’s a strategic step in enterprise AI, turning Workday into a customizable intelligence layer across the back office.

🧰 Tools of the Day

→ Taskade Genesis – Your workspace, alive with memory, intelligence, and motion.
→ BlogBowl – Keyword-driven AI articles auto-posted to your blog.
→ NocoBase 2.0 – Model your data, then build apps with blocks and actions.

✍️ Prompt of the Day

"You’re my AI strategy consultant. Review this company’s current workflows [paste them] and outline three automations using today’s top tools (Taskade, BlogBowl, or NocoBase). For each, describe the business impact, estimated ROI, and implementation difficulty."

⚡ Quick Hits

→ Google’s Ironwood AI chip takes direct aim at Nvidia’s dominance.
→ U.S. blocks Nvidia’s downsized AI chip as Huang warns China could seize AI lead.
→ Apple’s privacy-first AI strategy reshapes how the tech industry approaches data.
→ BBC report spotlights the hidden carbon cost of AI models.
→ Study finds claims of ChatGPT’s “smart” capabilities may be exaggerated.

🧾 TLDR

OpenAI’s record-breaking revenue and Moonshot’s AI leap show how fast global intelligence markets are maturing. Yet the EU’s hardline stance and Washington’s hands-off policy reveal widening geopolitical and economic divides. The next phase of AI growth won’t just be about smarter models, but smarter governance, balancing innovation, regulation, and sustainability before the system overheats.

Cheers,
David