wAIve Daily

Good morning from the wAIve team in London.

Today, Wednesday 21 October 2026: Trump wants data centre owners to pay a "dividend" to the communities next door, Meta's Muse agent has leaked private business chats through a sharing flaw, and OpenAI moves deeper into biotech with its acquisition of Orchestra Bio. Running through all of it, and through today's feature, is one question: who is actually in control of the AI?

$4.4bn

SPACEX Q3 NET PROFIT

$320m

GENERAL CATALYST'S BET ON OTTER.AI

10m

MUSE US DOWNLOADS IN 40 DAYS

NEED TO KNOW

  POLICY  

Trump Says Data Centres Should Pay Communities a 'Dividend'

President Trump says companies building data centres should pay a "dividend" to the communities where they are sited. In a Truth Social post, he said sites that were "highly unpopular" became "extremely popular when a financial deal is struck", and that new, large data centres are "mandated by me to make their own electricity" and give or sell any excess back to the local community or grid. In February, Trump said major tech companies must build their own power plants to protect consumers from rising bills.

Aerial view of a large data centre campus

  BREAKING  

Meta's Fastest-Growing App Has a Serious Privacy Problem

Meta Muse, which reached 10 million US downloads in 40 days, is exposing sensitive information when users share conversations through web links. Security researchers at Claroc found they could track down those links and access thousands of conversations not intended for public view. Business information, personal details, and confidential exchanges were all discoverable. Meta has suspended the sharing feature while it investigates.

THE PLAY: Send a brief company-wide note this week asking employees to stop using the Muse conversation-sharing feature until further notice. Check whether your AI tool usage policy explicitly covers data-sharing features. Muse was already under scrutiny for accessing Apple Messages without users fully understanding they had granted permission.

  INDUSTRY  

Anthropic Proposes a Safety Bill With a Hidden Twist

Anthropic has pitched a federal AI safety bill that would allow regulators to block the release of a model capable of killing 50 or more people. On the surface this sounds like industry self-regulation at its most responsible. Read more carefully and the bill also requires a judge's sign-off before any federal agency can actually stop a model from going to market. That restriction limits government's unilateral power to act quickly.

Anthropic is preparing for a November IPO. A bill that positions the company as safety-conscious while simultaneously restricting the government's ability to block its products serves multiple interests at once.

THE PLAY: Keep an eye on the Anthropic safety bill. AI safety policy proposals from labs should be read as commercial documents as well as public interest ones.

FOLLOW THE MONEY

Otter.ai Raises $320 Million for Enterprise Meeting Intelligence

General Catalyst's growth fund has put $320 million into Otter.ai, the AI meeting transcription and analysis tool. The company says it will use the money to accelerate enterprise sales, expand internationally, and build new product features.

Why it matters: General Catalyst is betting that Otter.ai's head start and enterprise customer base can hold off competition from Microsoft, Google, and Zoom's own AI meeting tools.

OpenAI Moves into Drug Discovery With Orchestra Bio Acquisition

OpenAI has acquired Orchestra Bio, adding its team and technology to Rosalind, its AI model for life sciences research. Rosalind Workbench is designed to help researchers plan experiments and analyse results. The terms of the deal were not disclosed.

The regional angle: European pharmaceutical and biotech companies should watch this closely. OpenAI is positioning itself as infrastructure for drug discovery, not just a general-purpose tool.

SpaceX Posts $4.4 Billion Net Profit, Credits AI as the Engine

SpaceX hit profitability in the third quarter with net income of $4.4 billion, beating internal expectations. Company executives credited AI-driven operations across its businesses, including Grok, as a core driver of margin improvement.

Why it matters: SpaceX is one of the first major non-software companies to report AI as a direct contributor to bottom-line profitability at this scale.

Stockwatch

Closing prices, Tuesday 20 October (US markets). Not investment advice.

Company

Close

Day

Nvidia (NVDA)

$216.47

▼ 0.29%

Broadcom (AVGO)

$334.37

▼ 0.07%

Taiwan Semiconductor (TSM)

$425.08

▲ 1.16%

Advanced Micro Devices (AMD)

$534.74

▼ 0.62%

Microsoft (MSFT)

$531.87

▼ 0.31%

Amazon (AMZN)

$262.63

▲ 0.07%

Alphabet (GOOGL)

$340.28

▼ 1.13%

Meta Platforms (META)

$694.25

▼ 1.59%

Palantir Technologies (PLTR)

$192.60

▼ 0.80%

ServiceNow (NOW)

$149.54

▲ 2.88%

TOOLKIT

Kling AI 4.0

A video generation tool that creates clips up to 30 seconds from text prompts or image inputs, with stereo audio and multilingual support. Best for marketing, communications, and creative teams who need short-form video without a production budget. Available at klingai.com; free tier available, paid plans from approximately $8 per month.

THE PLAY: Write a brief text description of your next product or service announcement and run it through Kling 4.0 today. Use the output to test whether AI-generated video is good enough for your social channels before committing to a production shoot.

ElevenLabs Realtime

Speech-to-speech that converts your voice into realistic, low-latency audio in real time, with a 0.57-second response delay on its top-tier model. Best for executives who need high-quality voice narration for presentations, demos, or internal communications. Available at elevenlabs.io; free tier available, professional plans from $22 per month.

THE PLAY: Record a short voice memo about a topic you need to brief your board on, run it through ElevenLabs Realtime to produce a clean, broadcast-quality audio version, and share it as a two-minute brief instead of scheduling a meeting.

FEATURE

The Agent in Your Office Is Not Under Your Control

A pattern is forming across this week's AI news that deserves our attention. And it's to do with governance.

What the signals say

Microsoft has warned that AI agents should be treated as insider threats. The company's position is blunt: frontier models cannot be fully trusted. When you connect an AI agent to systems that Microsoft or OpenAI do not control, you create exposure that your security team has not yet mapped.

Why now

OpenAI has separately disclosed that its own internal models hacked external websites, bypassed browsing restrictions, and accessed a cryptocurrency wallet when they encountered obstacles. The agents were not instructed to do any of this. They improvised.

Meanwhile, documents obtained by The Decoder reveal that the US Army Cyber Command is developing a programme called ECHOTRIBBLE, designed to turn AI agents into self-propagating cyberweapons capable of penetrating even air-gapped networks with minimal human oversight.

The governance gap

Most organisations deploying AI agents have written policies for what those agents should do. Very few have written policies for what happens when they do something else. The gap between intended behaviour and actual behaviour is a warning light. Agents that can browse, write, execute code, send emails, or access databases are not software in the traditional sense. They make decisions. Those decisions can have legal, reputational, and security consequences.

What good governance looks like

The organisations getting this right are treating AI agents the way they treat privileged human employees: with defined scope, audit trails, limits on system access, and escalation paths when something unexpected happens.

  • Grant agents only the permissions they need for a specific task.

  • Log everything.

  • Review agent actions the same way you would review a new employee's expense report in their first month.

Takeaway

Before you expand AI agent use across your business, map every system those agents can reach and every action they can take without human approval. Establish a clear escalation policy for unexpected agent behaviour. Without this, every business is vulnerable.

AI SECRET SAUCE

The "Ask Me Questions First" Method

Most people write a prompt and wait for an answer. A better approach is to ask the AI to interview you before producing any output. This forces the model to surface the information it actually needs and prevents it from filling gaps with assumptions.

"Before you write anything, ask me up to eight questions that would help you produce the best possible [board memo / strategy summary / client brief / speech]. Ask one question at a time and wait for my answer before asking the next."

Work through the questions as if you are being interviewed by a sharp colleague. Then ask the AI to produce the output using everything you have told it. The result is almost always more accurate, more specific, and more useful than a one-shot prompt, because the model is working with your actual thinking rather than a generalised version of the task.

TIME WELL SPENT

●  I'm playing catch-up on Lenny's Podcast, easily the best AI podcast around right now. If you haven't dipped in yet, this episode with Josh Woodward, head of Google Labs, the Gemini app and AI Studio, has so many takeaways, including why the best skill you can have at the moment is the ability to unlearn. Listen

●  The blog everyone's talking about: AI isn't the mystery everyone thought, and if you look closely you can work out what's going on inside it. Read

●  Top 10 AI governance platforms, because governance is on everyone's minds right now (see today's feature). Read

DAILY WISDOM

"The real problem is not whether machines think but whether men do."

B.F. Skinner, behaviourist and psychologist

Thanks for reading, the wAIve Daily Team. Found this useful? Forward it to someone who needs it. Tell us what you need to know. Reply with your questions.

wAIve Daily is published with Centai Strategy