Five minutes. What happened, and what to do about it. All stories from 20 October 2026
Microsoft extends Project Perception to treat AI agents as insiders, with a permission set up per task and a risk score that changes
Microsoft's design rule for agents: start with no permissions, give each its own identity, and tighten access when its behaviour changes.
MiniMax releases M3.1 Flash, priced at $0.15 per million input tokens, and says agent tasks cost 70% less than before
MiniMax rolled out M3.1 Flash on 19 October. It says the anonymous model called Space Bunny, which processed more than 200 trillion tokens, was an early version. MiniMax says inference is nearly three times faster and usage costs on agent tasks are 70% lower than its predecessor. Pricing is flat at $0.15 per million input tokens, $0.60 per million output tokens and $0.015 for cached input. It is available through the MiniMax API, the M Plan and MiniMax Code, and model weights will be released later.
- If a developer or agency runs your AI automations, ask for last month's model bill and which model each job uses, so you can compare it against $0.15 and $0.60 per million tokens.
- Ask whether any customer or staff data is sent to a provider based in China, and get the answer in writing before moving a workflow to a cheaper model.
Source: MiniMax. This is our short summary of their reporting. The paragraphs marked "Our read" and the things to do are SeedFoundry's opinion. The summary is drafted with AI tools. Image: MiniMax, from its own announcement. How we source and credit
These are short summaries of other people's reporting, with our own commentary. Each story names its source and links to the original. How we source and credit