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  • Mon Oct 20

Shenzhen-based humanoid robot maker Leju Robotics raised $200M+ led by Citic Goldstone and Shenzhen Investment Holdings ahead of a planned IPO (Bloomberg)

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Crypto trading firm FalconX agrees to acquire 21shares, one of the main crypto ETF managers, for an undisclosed sum; 21shares had $11B+ in assets in September (Vicky Ge Huang/Wall Street Journal)

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Sources: Apple has cut production orders for the iPhone Air to levels near "end of production" but increased those for the iPhone 17 and iPhone 17 Pro (Nikkei Asia)

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UEFA joins the MPA-led anti-piracy coalition Alliance for Creativity and Entertainment, the first sports governing body to join the group, which has 50+ members (Adam Leventhal/The Athletic)

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Sources: Microsoft is significantly increasing the price of its Xbox Development Kit from $1,500 to $2,000, after hiking Series X prices by $150 in September (Tom Warren/The Verge)

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China is racing ahead of the rest of the world in the adoption of robovans, despite limitations like slow speeds; Neolix has deployed 10,000 robovans so far (Wataru Suzuki/Nikkei Asia)

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Sources: Chinese chipmaker YMTC considers an IPO in China at an up to ~$40B valuation as soon as 2026, in what could be one of China's biggest IPOs in years (Bloomberg)

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Researchers detail systemic vulnerabilities in AI agentic browsers, including Perplexity's Comet and Fellou, related to indirect prompt injection attacks (Brave)

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Apple's Vision Pro with the M5 chip is assembled in Vietnam, according to labels on its packaging; the M2-based model, launched in 2024, was built in China (Bloomberg)

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Baidu and Swiss Post's PostBus plan to launch Baidu's Apollo Go autonomous vehicle service in Switzerland, testing in December ahead of rollout by Q1 2027 (Reuters)

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EBU/BBC study: 45% of responses from top AI assistants misrepresented news content with at least one significant issue and 31% showed serious sourcing problems (Olivia Le Poidevin/Reuters)

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Electricity demand from data centers powering the AI boom has caused a gas turbine supply crunch, as the US becomes the epicenter of new gas-fired power plants (Financial Times)

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Keycard, which lets enterprises manage AI agent access to internal systems, raised a $30M Series A led by Acrew Capital and a $8M seed led by a16z and boldstart (Maria Deutscher/SiliconANGLE)

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Nonprofit Cyber Monitoring Centre estimates that the Jaguar Land Rover cyberattack cost the UK economy at least £1.9B and affected over 5,000 UK organizations (Financial Times)

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Sources: Fal.ai, which hosts multimodal AI models for developers, raised ~$250M at a $4B+ valuation, less than three months after announcing a $125M Series C (Marina Temkin/TechCrunch)

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Hyro, whose AI agents let US health care organizations automate tasks like scheduling and prescription renewals, raised $45M, taking its total funding to $95M (Sophie Shulman/CTech)

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Sesame, which is developing an AI agent with a natural-sounding human voice and smart glasses, raised a $250M Series B and opens an early beta of its iOS app (Sarah Perez/TechCrunch)

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Japanese regulators' plan to cull the smallest listings on the Tokyo Stock Exchange is spurring a record number of startup buyouts in Japan, while IPOs slump (Bloomberg)

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A UN pact to fight cybercrime is set to be signed by dozens of countries in Hanoi; tech companies and activists warn the pact may criminalize ethical hacking (Francesco Guarascio/Reuters)

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Prince Harry and 800+ public figures sign a Future of Life Institute statement urging a ban on AI superintelligence development until it can be deployed safely (David Ingram/NBC News)

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Palworld developer Pocketpair says its new publishing division won't fund games that use generative AI, saying it "doesn't believe" in the tech (Chris Kerr/Game Developer)

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Sources: Sequoia COO Sumaiya Balbale resigned after the firm refused to discipline partner Shaun Maguire over his comments calling Zohran Mamdani "an Islamist" (Financial Times)

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Samsung says it is working on Android XR-based smart glasses in partnership with Warby Parker and Gentle Monster, during its Worlds Wide Open event (Sabrina Ortiz/ZDNET)

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Samsung's Galaxy XR headset includes an Explorer Pack that bundles a year of Google AI Pro, YouTube Premium, Play Pass, and more with purchases through year-end (Matt Horne/Android Authority)

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Samsung Galaxy XR hands-on: micro-OLED displays are good, eye tracking works well, lighter than the Vision Pro, and Android XR looks a lot like Apple's visionOS (The Shortcut)

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Galaxy XR is the first Android XR headset and features Gemini Live that understands your surroundings and lets users interact with apps hands-free (Shahram Izadi/The Keyword)

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Samsung unveils the Galaxy XR headset, with Android XR, 4K micro-OLED displays, a Snapdragon XR2+ Gen 2 chip, and an external battery pack, available for $1,799 (Bloomberg)

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In an experiment, GPT-4o, Claude Sonnet 4.5, and DeepSeek-V3.2-Exp expressed secular, Western liberal values regardless of the language of the questions (Kelsey Piper/The Argument)

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Polymarket and Kalshi surpassed $2B in notional trading volume in the week ending Oct. 19, exceeding the previous peak during the 2024 US presidential election (Emily Nicolle/Bloomberg)

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Findem, an AI-powered talent acquisition startup, raised $51M in equity and debt, including a $36M Series C led by SLW, taking its total funding to $105M (Mary Ann Azevedo/Crunchbase News)

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Entries updated Nov 20, 2025 01:57:40 PM PST

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