Good morning. Here is what mattered in AI on Saturday, November 7.

The top story is about money. Ramp’s card data shows business spending on AI tokens barely moved in August and September, even as usage rose, and reports say Anthropic’s IPO valuation has slipped. In security, Censys found more than 800 open copies of the Artex hacking tool, and in infrastructure Google took over Crusoe’s unfinished Wyoming data center.

Below that, our research and learning picks: a new public security dataset, a list of ways to cut AI API costs and a cheat sheet on reading agent benchmark metrics.