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While the AI bubble feels like the internet bubble of 1999, it may actually be larger and scarier with an unstable US economy and greater exposure for Big Tech (Fred Vogelstein/Crazy Stupid Tech)

How the launch of Gemini 3, which surged ahead of models from OpenAI and other competitors on benchmark tests, has pushed Google ahead in the AI race (Katherine Blunt/Wall Street Journal)

Researchers say Russia-aligned Pravda network is engaging in "LLM grooming", flooding the internet with disinformation to influence chatbots like ChatGPT (Aisha Down/The Guardian)

Industry executives say nearly all major memory chipmakers are running at or near full capacity, with 2026 production slots almost "sold out" due to AI demand (Nikkei Asia)

A look at Indian startups like TuluAI, which are building LLMs for low-resource languages by creating data sets nearly from scratch with community involvement (Rest of World)

Q&A with Fei-Fei Li on ImageNet, her startup World Labs' focus on spatial intelligence, superintelligence, regulation, AI bubble, US-China AI arms race, more (Mishal Husain/Bloomberg)

Thoma Bravo acquires a majority stake in Java platform Azul, which received a $340M majority investment from Vitruvian Partners and Lead Edge Capital in 2020 (Chris Metinko/Axios)

General Atlantic purchases a $96M minority stake in Japanese HR software unicorn SmartHR, marking the PE firm's first growth equity investment in Japan (Lisa Du/Bloomberg)

Federato, which provides AI-powered insurance lifecycle software, raised a $100M Series D led by Goldman Sachs Alternatives, taking its total funding to $180M+ (InsurTech Analyst)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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

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)

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)

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

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

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)

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

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)

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)

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)

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)

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)

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)

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

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)