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Wed Nov 12
Singapore-based ChemLex raised a $45M funding round led by Granite Asia to build an AI-powered, automated chemistry lab to accelerate drug discovery (Rachyl Jones/Semafor)
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Sources: Intel is in advanced talks to acquire AI chip startup SambaNova for about $1.6B including debt; the deal could come together as soon as next month (Bloomberg)
1h
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Automated digital wealth management company Wealthfront's stock closed up 1.36% in its Nasdaq debut, valuing it at ~$2.7B, after raising $486M in its IPO (Andrew Welsch/Barron's Online)
1h
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Shares of data center real estate company Fermi closed down 34% after a tenant terminated a $150M agreement to help fund an AI campus in West Texas (Financial Times)
1h
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Tether submits an all-cash offer to acquire a 65.4% stake in Italian soccer club Juventus, says it will invest €1B in the club if the acquisition is completed (Reuters)
2h
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Source: OpenEvidence, which offers an AI chatbot for doctors, is raising $250M at a $12B valuation, up from $6B in Oct., and has $150M in annualized ad revenue (Stephanie Palazzolo/The Information)
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Zoom says its "federated AI" model, combining its SLM with open- and closed-source models, got 48.1% on Humanity's Last Exam vs. 45.8% for Gemini 3 Pro w/ tools (Xuedong Huang/Zoom)
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David Sacks says China is rejecting Nvidia's H200 AI chips, because the country wants "semiconductor independence" and to "prop up and subsidize Huawei" (Maggie Eastland/Bloomberg)
3h
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Amazon Prime Video pulls its AI recaps, which it began testing in November, for Fallout, Bosch, and other shows after users noticed errors in the Fallout recaps (Emma Roth/The Verge)
5h
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Mira Murati's Thinking Machines Lab makes Tinker, its API for fine-tuning language models, generally available, adds support for Kimi K2 Thinking, and more (Thinking Machines Lab)
5h
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David Sacks says Trump's AI EO aims to ease companies' compliance burden and that the administration is working with Congress on a common AI oversight standard (Bloomberg)
5h
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Google expands Google Translate's live speech translation from Pixel Buds to any headphones, supporting 70+ languages, in beta on compatible Android phones (Stevie Bonifield/The Verge)
6h
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Policymakers behind key state AI bills scoff at Trump's EO; some GOP governors are pushing ahead with their own AI bills; Steve Bannon says Sacks misled Trump (Axios)
6h
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Sources: X reported $752M in Q3 revenue, up 17% YoY, a net loss of $577.4M, and EBITDA of ~$454M, up 16%; revenue for the first nine months of 2025 was $2B+ (Carmen Arroyo/Bloomberg)
7h
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Source: livestream shopping app Whatnot nears ~$1B in revenue for 2025; Whatnot says it has passed $6B in gross sales this year, more than doubling 2024's sales (Ann Gehan/The Information)
7h
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Companies are updating insider trading policies to cover prediction markets; Kalshi and others are pushing for federal oversight, including of insider trading (Rocket Drew/The Information)
7h
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Sources: Oracle has delayed completion of some OpenAI data centers from 2027 to 2028, largely due to labor and material shortages; Oracle denies delays (Brody Ford/Bloomberg)
8h
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Kalshi integrates its event trading platform into the popular crypto wallet Phantom; Dune: in November, Kalshi's trading volume hit $5.8B vs. Polymarket's $3.7B (Nina Bambysheva/Forbes)
8h
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YouTube launches an option for US-based creators to receive payouts in PayPal's stablecoin, PYUSD (Ben Weiss/Fortune)
8h
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Sam Altman's Tools for Humanity updates World to make it a "super app" with encrypted chat integration and a Venmo-like tool for sending and requesting crypto (Lucas Ropek/TechCrunch)
9h
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Trump's AI executive order directs federal agencies to look into withholding federal funding from states passing "the most onerous and excessive laws" around AI (Gerrit De Vynck/Washington Post)
10h
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[Thread] Substack quietly added a feature that forced subscribers to download the app to read full newsletters, but says it reverted the change after complaints (Gergely Orosz/@gergelyorosz)
10h
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Serval, which offers an AI assistant for IT, HR, legal, and finance, raised a $75M Series B led by Sequoia at a $1B valuation, taking its total funding to $127M (Reuters)
10h
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Switzerland launches a preliminary investigation into whether Apple's terms for granting third-party access to NFC tech on iPhones violate its antitrust laws (Tim Hardwick/MacRumors)
11h
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Sources: Nvidia tells its Chinese clients that it is evaluating adding production capacity for its H200 chips after orders exceeded its current output level (Reuters)
11h
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TechInsights: Huawei's Kirin 9030 chip, used in its Mate 80 Pro Max phone, is China's most advanced chip to date and was produced with SMIC's updated 7nm tech (Ian King/Bloomberg)
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Sources: China is considering a ~$28B-to-$70B incentives package, which would be separate from the $50B Big Fund III plan, to support its chipmaking industry (John Liu/Bloomberg)
12h
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EU finance ministers agree on a €3 customs duty on low-value parcels from July 2026, aiming to crack down on Chinese imports from retailers like Shein and Temu (Reuters)
12h
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Papua New Guinea says Google will build three subsea cables for the country, a $120M effort funded by Australia, amid China boosting its influence in the region (Kirsty Needham/Reuters)
13h
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Taiwan opens its largest AI supercomputing data center, with Nvidia's Blackwell chips, a major effort in its push for sovereign AI and chip industry innovation (Nikkei Asia)
15h
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Sources: Intel has tested chipmaking tools in 2025 from California-based ACM Research, which has deep China ties; US sanctions targeted two ACM overseas units (Reuters)
17h
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GPT-5.2 models have a 400K context window and 128K max output tokens, like GPT-5 and 5.1, but have an August 31, 2025, knowledge cutoff, vs. September 30, 2024 (Simon Willison/Simon Willison's Newsletter)
17h
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An interview with Nikita Bier, who wants to lure journalists back to X with a rebuilt recommendation algorithm with no keyword suppression or manual downranking (Alex Heath/Sources)
19h
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Tim Sweeney: the Ninth Circuit's decision on the Epic v. Apple contempt ruling appeal "completely shuts down" App Store rules letting Apple collect "junk fees" (Jay Peters/The Verge)
20h
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Reddit files a lawsuit against Australia to overturn its social media ban for under-16s, saying it "infringes the implied freedom of political communication" (Reuters)
21h
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In his EO, Trump orders US AG Pam Bondi to create an "AI Litigation Task Force" that meets regularly with David Sacks to challenge "inconsistent" state AI laws (Igor Bonifacic/Engadget)
21h
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A look at French indie game studio Sandfall Interactive, whose critically-acclaimed Clair Obscur: Expedition 33 sold 5M+ copies with a budget of less than $10M (Zachary Small/New York Times)
22h
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xAI partners with El Salvador to deploy Grok across 5,000+ public schools, reaching 1M+ students in an "AI-powered education program" over the next two years (Dara Kerr/The Guardian)
23h
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On OpenAI's 10th anniversary, Sam Altman reflects on "a decade of breakthroughs, learnings, and the path toward AGI that benefits all of humanity" (OpenAI)
1d
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Broadcom CEO Hock Tan reveals that Anthropic placed a $10B order for Google's Ironwood TPU racks in Q3 and says it placed an additional $11B order in Q4 (CNBC)
1d
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President Trump signs an executive order aimed at preempting a growing number of state AI laws, saying "we want to have one central source of approval" (Reuters)
1d
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New US OMB guidance states that LLMs procured by federal agencies must comply with two "unbiased AI principles": "truth-seeking" and "ideological neutrality" (Maria Curi/Axios)
1d
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A US judge sentences Terraform Labs co-founder Do Kwon to 15 years in prison; Kwon pleaded guilty to conspiracy and wire fraud charges in August (Cheyenne Ligon/CoinDesk)
1d
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Broadcom reports Q4 revenue up 28% YoY to $18.02B, vs. $17.49B est., and forecasts Q1 revenue above estimates, with AI chip sales doubling to $8.2B (Kif Leswing/CNBC)
1d
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Sources: the NY governor proposes a rewrite of the RAISE Act, the AI bill that recently passed NY legislature, with text copied verbatim from California's SB 53 (Shakeel Hashim/Transformer)
1d
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A US appeals court upholds a contempt ruling in Epic v. Apple but says Apple can charge commissions on external links, with the rate to be set by a lower court (Bloomberg)
1d
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Fortnite returns to the Google Play Store in the US following a US district court injunction; Google and Epic announced a settlement last week (Kritika Lamba/Reuters)
1d
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Bob Iger says the OpenAI deal "does not in any way represent a threat to the creators at all" because it doesn't include name, likeness, or character voices (Alex Weprin/The Hollywood Reporter)
1d
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[Thread] GPT-5.2 is now available in the API, priced at $1.75/1M input and $14/1M output tokens; GPT-5.2 Pro is priced at $21/1M input and $168/1M output tokens (@openaidevs)
1d
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NY governor signs bills requiring ads to disclose AI-generated performers and mandating consent of heirs to use a deceased person's likeness commercially (Dade Hayes/Deadline)
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