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Thu Oct 9
Managed security services provider LevelBlue to acquire cybersecurity firm Cybereason, which raised $850M in total funding and undergone multiple restructurings (Greg Otto/CyberScoop)
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AG Pam Bondi says Meta complied with the DOJ's request to take down a Facebook Page that the agency said was being used to harass ICE agents in Chicago (James Oliphant/Reuters)
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OpenAI forms the Expert Council on Well-Being and AI, with eight experts to help guide OpenAI's work on ChatGPT and Sora (Ashley Capoot/CNBC)
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Glue, a Slack competitor co-founded last year by David Sacks and designed around threads over channels, raised a $20M Series A and says it has refocused on MCP (Dan Primack/Axios)
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Sam Altman says OpenAI plans a ChatGPT version with a "personality that behaves more like what people liked about 4o" and will add "erotica for verified adults" (Sam Altman/@sama)
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Handshake, which connects experts with AI labs to help train LLMs, says it hit $100M in annualized run rate in eight months after a "refounding" to focus on AI (Alex Konrad/Upstarts Media)
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Assassin's Creed franchise boss Marc-Alexis Côté departs Ubisoft, two weeks after Ubisoft moved the game under its new Vantage Studios unit; Côté joined in 2005 (Tom Phillips/IGN)
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The US DOJ seizes ~$15B in bitcoin held in wallets owned by a man who oversaw a "pig butchering" operation in Cambodia, in the DOJ's largest ever forfeiture (Dan Mangan/CNBC)
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London-based Dexory, which builds autonomous warehouse robots, raised a $165M Series C, split $100M equity and $65M debt, after raising an $80M Series B in 2024 (Kai Nicol-Schwarz/Sifted)
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Sources: Tokyo-based Renesas is exploring a sale, valued at close to $2B, of its timing unit that supplies timing components for data centers and 5G networks (Milana Vinn/Reuters)
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Walmart partners with OpenAI to let shoppers browse and purchase its products on ChatGPT, including apparel, entertainment, packaged food, and third-party goods (Jaewon Kang/Bloomberg)
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Salesforce expands its OpenAI and Anthropic partnerships to embed their LLMs into Agentforce 360, letting users access Agentforce 360 apps in ChatGPT, and more (Larry Dignan/Constellation Research)
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Sources: the EU is considering forcing Chinese companies seeking access to key markets to hand over tech to European companies if they want to operate locally (Bloomberg)
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Google plans to invest $15B in India through 2030 to set up a 1GW data center and AI hub in the southern state of Andhra Pradesh; Google employs 14K in India (Jagmeet Singh/TechCrunch)
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Oracle plans to deploy 50K AMD Instinct MI450 chips, announced in June, starting in H2 2026; the Instinct MI450 is AMD's first AI chip for rack-sized systems (CNBC)
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Instagram overhauls Teen Accounts to align with PG-13 movie rating standards, block them from seeing accounts that share sexualized content, and more (David Ingram/NBC News)
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Oura raised $900M led by Fidelity at an "approximately" $11B valuation, up from $5.2B after raising $200M in December, and says it has sold 5.5M+ smart rings (Ivan Mehta/TechCrunch)
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Court filings: the Dutch government seized Nexperia after the US said it would remain on its export control list if Chinese CEO Zhang Xuezheng stayed in charge (Financial Times)
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Nexperia says China has banned it from exporting China-made products, as Beijing retaliates after the Dutch government took over the Wingtech-owned chipmaker (Sarah Jacob/Bloomberg)
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Google says it will invest $9B in South Carolina through 2027 to scale up its Berkeley County data center campus and help build two sites in Dorchester County (Kimberley Kao/Wall Street Journal)
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Online loans marketplace LendingTree says CEO and Chairman Doug Lebda died at 55 in an ATV accident on his family's farm; Lebda founded LendingTree in 1996 (Ryan Mac/New York Times)
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Internal memo: in a first, Samsung plans to award shares and bonuses based on stock price to employees and will let staff get up to 50% of their payout in stock (Yoolim Lee/Bloomberg)
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Sources: Bank of England officials are holding up Revolut's full UK licence over concerns about whether its risk controls can keep pace with its global growth (Financial Times)
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OpenAI's massive deals show that Sam Altman is selling a vision of a world-changing product and using world-changing financial engineering to try to raise $1T+ (Matt Levine/Bloomberg)
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TiVo confirms that it exited the hardware business on October 1 when it stopped selling DVRs, but says it will continue to offer support for the products (Michael Schneider/Variety)
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A new study of 6,554 children aged 9 to 10 found that social media users scored lower on reading, vocabulary, and memory tests two years later than non-users (Rhitu Chatterjee/NPR)
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A look at quick commerce in India and China: India's ecosystem is evolving into a retail-media play, while China's is being used as a weapon in platform wars (Manish Singh/India Dispatch)
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Dealroom: 230+ European defense tech startups have launched since Russia's invasion of Ukraine, driven by interest in drones, as investors foresee a shake-out (Sylvia Pfeifer/Financial Times)
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Nvidia says it is donating the Vera Rubin NVL144 server rack architecture to the Open Compute Project and outlines its vision for "gigawatt AI factories" (Mike Wheatley/SiliconANGLE)
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Researchers used an off-the-shelf system to compile a vast collection of private data, including T-Mobile users' calls and texts, sent by satellites unencrypted (Wired)
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Sources: Tata Electronics bought the Indian unit of Justech Precision, a China-based Apple supplier that provides CNC machines to Foxconn, for ~$100M in August (Anniek Bao/CNBC)
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Bhutan announces that it is migrating its national ID system for roughly 800,000 residents from Polygon to Ethereum, with completion expected by Q1 2026 (Brayden Lindrea/Cointelegraph)
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Indian officials say that over the past year, all 1.2M email addresses of Central Government employees migrated to a platform developed by Chennai-based Zoho (The Hindu)
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Mumbai-based wealth management startup Dezerv raised a ~$40M Series C co-led by Premji Invest and Accel's Global Growth Fund, taking its total funding to ~$100M (Shashank Pathak/Entrackr)
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Researchers detail "Pixnapping", a new covert attack to steal 2FA codes and other private data on Android; Google's September patch only partially mitigates it (Dan Goodin/Ars Technica)
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The UK's NCSC dealt with a record 204 "nationally significant" cyberattacks in the year to August, up 89% YoY, and "highly significant" cyberattacks rose by 50% (Joe Tidy/BBC)
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California Gov. Gavin Newsom vetoes SB 771, which would've fined social media companies if their algorithms intentionally promoted violent or extremist content (Tyler Katzenberger/Politico)
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Nvidia says it will begin selling the DGX Spark mini PC for AI developers on October 15 on Nvidia.com and select third-party retailers for $3,999 (Michael Kan/PCMag)
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Samsung projects Q3 operating profit up 32% YoY to ~$8.47B, vs. ~$6.8B est., its biggest quarterly profit in over three years, as AI development accelerates (Yoolim Lee/Bloomberg)
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Microsoft unveils MAI-Image-1, its first text-to-image AI model developed in house, and says it excels at photorealistic imagery, like lighting and landscapes (Andrew J. Hawkins/The Verge)
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Sources: OpenAI is working with Arm to develop a CPU designed to work with the AI chip OpenAI is developing with Broadcom; TSMC will manufacture the AI chip (The Information)
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Charlie Kawwas, president of Broadcom's semiconductor group, says OpenAI is not the $10B customer the company announced during its earnings call in September (Ashley Capoot/CNBC)
3w
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Meta brings back job listings on Facebook, available for mobile users in the US via a dedicated Jobs tab in Marketplace, and across Groups and Pages (Michael Kan/PCMag)
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Goldman Sachs agrees to acquire multi-stage investment firm Industry Ventures, which has $7B AUM, for $665M in cash and equity plus $300M tied to performance (Saeed Azhar/Reuters)
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Broadcom closes up 9.88% following the announcement of its custom chip deal with OpenAI; its stock is up over 50% in 2025 after more than doubling in 2024 (MacKenzie Sigalos/CNBC)
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Google updates Search to group paid results into a collapsible section with a single, larger "Sponsored" label at the top and a hide button at the bottom (Allison Johnson/The Verge)
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Quantum computing stocks jumped after JPMorgan announced a $10B strategic tech investment; Arqit, D-Wave, Rigetti, and IonQ each rose about 20% (Jaures Yip/CNBC)
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JPMorgan Chase launches a decade-long plan to invest $10B in industries critical for national security, including "frontier" tech like AI and quantum computing (Hugh Son/CNBC)
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Google updates NotebookLM's Video Overviews, adding six new Nano Banana-powered visual styles and a new "Brief" format for quick insights (Abner Li/9to5Google)
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Data integration startup Fivetran and data management startup dbt Labs announce a merger in an all-stock deal; Fivetran CEO will be CEO of the combined company (Krystal Hu/Reuters)
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