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Techmeme

New York-based emergency alerts platform RapidSOS raised $100M led by Apax Digital Funds, a source says at a $1B+ valuation, for US and international expansion (Bloomberg)

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Finland-based NestAI raised €100M led by Finland's sovereign fund Tesi and Nokia to build AI products for defense applications, including for unmanned vehicles (Anna Heim/TechCrunch)

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Alphabet's stock closed at a record high of $299.66 on November 21, continuing a strong recent run after Google's Gemini 3 impressed analysts and consumers (Rani Molla/Sherwood News)

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Italy's competition authority closes its July 2024 probe into Google's alleged unfair practices over users' personal data after Google adopted remedies (Gianluca Semeraro/Reuters)

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Sources: China's Moonshot AI, developer of the Kimi models, is raising several hundred million dollars at a ~$4B valuation and is aiming for an IPO in H2 2026 (Wall Street Journal)

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Sources: the White House has put on hold a draft executive order that would seek to preempt state AI laws, following bipartisan backlash (Karen Freifeld/Reuters)

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Waymo says California authorized it to operate across the entire Bay Area and Sacramento, and between LA and San Diego, where it plans to expand to in mid-2026 (Aidin Vaziri/San Francisco Chronicle)

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Figure AI's former head of product safety sues the humanoid robot startup, alleging he was unlawfully terminated after warning executives about product safety (Lora Kolodny/CNBC)

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Analyzing Gemini 3's model card and safety framework report: the model is excellent but the safety report withholds or makes it difficult to understand key info (Zvi Mowshowitz/Don't Worry About the Vase)

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Anthropic finds that LLMs trained to "reward hack" by cheating on coding tasks show even more misaligned behavior, including sabotaging AI-safety research (Anthropic)

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A look at AMD's pivot to AI chips in 2022 under CEO Lisa Su, increasing AMD's market value from $90B to $335B+ in three years, as the chipmaker takes on Nvidia (Wall Street Journal)

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A US judge is expected to rule next year on breaking up Google's ad tech monopoly, after the DOJ and Google delivered closing arguments in a remedies hearing (David McCabe/New York Times)

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Filing: Airbnb says CTO Ari Balogh, who joined seven years ago from Google, plans to step down in December (Natalie Lung/Bloomberg)

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Sources: Trump's team recently discussed letting Nvidia sell H200 chips to China, a major departure from the administration's earlier public stances (Bloomberg)

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Google confirms hackers stole Salesforce-stored data from 200+ companies via a supply chain hack involving Gainsight, which provides a customer support platform (Lorenzo Franceschi-Bicchierai/TechCrunch)

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CrowdStrike confirms that an insider shared screenshots from internal systems with unnamed threat actors but says its systems were not breached (Sergiu Gatlan/BleepingComputer)

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Bret Taylor says his AI agent startup Sierra has hit $100M in ARR, after launching in February 2024, up from about $20M this time last year (Alex Heath/Sources)

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Sources: Kalshi told investors that its trading volume grew six times in the last six months and it is on an annualized pace for $600M to $700M in net revenue (Cory Weinberg/The Information)

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Sources: the US has probed whether the products of China's Bitmain, which sells most of the world's Bitcoin-mining machines, pose risks of espionage or sabotage (Bloomberg)

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Google says ads that some users are seeing in AI Mode are part of a test; the ads have a "sponsored" label and appear at the bottom of the page (Mayank Parmar/BleepingComputer)

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Sources: Meta plans to test an AI-powered personalized daily briefing, designed to compete with ChatGPT's Pulse, with some Facebook users in NYC and SF (Naomi Nix/Washington Post)

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Sorcero, which makes AI agents for pharmaceutical companies to market new medications, raised a $42.5M Series B, bringing its total funding to $59M (Katherine Davis/Axios)

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Meta enters electricity trading to help accelerate the construction of new US power plants critical for its AI infrastructure buildout (Bloomberg)

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At a recent all-hands meeting, Google's head of AI infrastructure Amin Vahdat said Google must double AI compute capacity every six months to meet demand (Jennifer Elias/CNBC)

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Q&A with Roblox CEO David Baszucki on the chat function, AI-powered age estimation via face scans, accusations of compromising child safety for growth, and more (New York Times)

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Archetype, which builds AI to interpret sensor data from the physical world, raised a $35M Series A and launches tools to build and deploy physical agents (Grace Priscilla Teo/Tech in Asia)

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IBM and Cisco plan to link quantum computers over long distances and aim to provide a proof-of-concept by 2030, potentially paving the way for quantum internet (Stephen Nellis/Reuters)

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Ubisoft delayed reporting its Q2 results after auditors found it improperly booked sales from a partnership as revenue, forcing it to restate its accounts (Daniel Zuidijk/Bloomberg)

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After a delay, Ubisoft reports Q2 net bookings up 39% YoY to €490.8M, above €450M est., and expects Q3 bookings of €305M; Ubisoft resumed trading on November 21 (Leo Marchandon/Reuters)

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As Kalshi and Polymarket race to scale during a Trump-era regulatory opening, critics warn that expanding gambling in the US could have unintended consequences (Bloomberg)

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Foxconn Chair Young Liu says the company will spend $2B to $3B per year in AI in the next three to five years and is discussing potential investments with Japan (Reuters)

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The UK announces a £100M plan to support local AI hardware startups via guaranteed "first customer" payments, and estimates its AI market to be worth over £72B (Financial Times)

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GE HealthCare acquires Intelerad, which sells cloud imaging software and digital workflow tools primarily to outpatient and ambulatory sites, for $2.3B (Brock E.W. Turner/Axios)

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Meta rolls out link sharing to let users invite up to eight people into their Hyperscape virtual rooms via a Quest 3 or 3S headset, or the Horizon mobile app (Jay Peters/The Verge)

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Samsung names mobile chief TM Roh as co-CEO and DX division head; Roh was serving as consumer business acting head since April after co-CEO Han Jong-Hee's death (Heekyong Yang/Reuters)

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Internal memo: Sam Altman told OpenAI employees last month that Google's recent progress in AI could "create some temporary economic headwinds for our company" (The Information)

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Australia adds Twitch to teen social media ban; Twitch plans to deactivate accounts for 16-and-under users from Jan. 9 and bar new underage users from Dec. 10 (Renju Jose/Reuters)

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Numerai, which trades stocks using AI-driven ideas from freelance finance quants, raised a $30M Series C led by university endowments at a $500M valuation (Bloomberg)

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Taiwan's minister Wu Cheng-wen says the US won't impose "punishing" tariffs on Taiwan, after a "consensus" that Taiwan would support the US chip industry (Financial Times)

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X ends its 2023 lawsuit against law firm Wachtell to recover most of the $90M fee the firm received for defeating Musk's bid to exit his $44B Twitter buyout (Mike Scarcella/Reuters)

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The SEC drops its 2023 case against SolarWinds and its CISO Tim Brown, which alleged they concealed vulnerabilities ahead of the Russia-linked 2020 cyberattack (Chris Prentice/Reuters)

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Filings: Meta's board agreed to a $190M settlement with investors over claims that Zuckerberg and other board members mishandled the Cambridge Analytica scandal (Jef Feeley/Bloomberg)

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OpenAI partners with Foxconn to design and develop data center server racks to be manufactured in the US; Foxconn will produce cabling, power systems, and more (Bloomberg)

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Grok's chatbot on X says Elon Musk is superior at almost anything, including drinking urine; Musk says Grok was "manipulated by adversarial prompting" (Adi Robertson/The Verge)

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A survey of US adults on social media: 84% use YouTube, 71% use Facebook, 50% use Instagram, 37% use TikTok, 32% use WhatsApp, 26% use Reddit, and 21% use X (Pew Research Center)

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Sources: Google is offering voluntary buyouts to employees in its UK offices, following similar offers in several US divisions this year (Hugh Langley/Business Insider)

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Source: Kalshi raised $1B led by Sequoia and CapitalG at a $11B valuation, less than two months after it announced a $300M fundraise at a $5B valuation (Marina Temkin/TechCrunch)

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Method Security, which specializes in dual-use cyber capabilities, raised $26M across seed and Series A rounds led by a16z and General Catalyst, respectively (Colin Demarest/Axios)

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OpenAI expands group chats in ChatGPT globally to all logged-in users on Free, Go, Plus, and Pro plans, after piloting the feature in select regions (Aisha Malik/TechCrunch)

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Profluent, which wants to use AI for protein design in drug discovery, raised $106M led by Bezos Expeditions and Altimeter, bringing its total funding to $150M (Amy Feldman/Forbes)

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