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  • Thu Oct 23

Inside OpenAI's deals with Nvidia, Oracle, and AMD, where sources say Sam Altman largely relied on his executive team, with little input from outside advisors (Financial Times)

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Swift releases a Swift SDK preview for Android, allowing developers to build Android apps in Swift and making it easier to share code across iOS and Android (Hartley Charlton/MacRumors)

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Sources: Sam Altman's brain-computer interface startup Merge Labs hires Mikhail Shapiro, who works on noninvasive techniques for neural imaging and control (Alex Heath/Sources)

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Sources: Apple is working on a vapor chamber for the next iPad Pro in 2027, and the company plans to start selling ads in its Maps app as early as 2026 (Mark Gurman/Bloomberg)

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Rumble plans to roll out a bitcoin tipping feature, developed in partnership with Tether, to its 51M creators in December; Tether has invested $775M in Rumble (Francisco Rodrigues/CoinDesk)

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French online carpooling marketplace BlaBlaCar says India now accounts for ~33% of its carpool passengers and expects to reach ~150M passengers globally in 2025 (Jagmeet Singh/TechCrunch)

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The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Trump's manufacturing revival plans (Bloomberg)

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Defakto, which lets enterprises secure automated interactions between internal systems and AI agents or other non-human actors, raised a $30.75M Series B (Chris Metinko/Axios)

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Microsoft says its Gaming Copilot feature, which recently hit Windows 11 as a public beta, uses screenshots to understand in-game events, not to train AI models (Jowi Morales/Tom's Hardware)

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Seneca, which is developing autonomous firefighting drones, raised $60M in seed and Series A rounds led by Caffeinated Capital and Convective Capital (Christopher Marquis/Forbes)

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Austin-based Roller, a provider of venue management software, raised $50M led by Insight Partners, taking its total funding to over $100M (Chris Metinko/Axios)

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Singapore-based wealth management platform Endowus raised $70M+, bringing its total funding to $130M+, and says the new capital will boost its AI advisory tools (Katrina Bianca Cuaresma/DealStreetAsia)

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Sources: AI chip startup SambaNova is exploring a sale after it struggled to complete a fundraising round; SambaNova was last valued at $5B in 2021 (Valida Pau/The Information)

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Kyrgyzstan launches a national stablecoin and a CBDC in partnership with Binance; CZ says a national cryptocurrency reserve includes Binance's BNB token (Aigerim Turgunbaeva/Reuters)

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Glasgow-based Chemify, which combines AI with robotics and chemistry to rapidly make novel molecules for pharmaceutical companies, raised a $50M+ Series B (Alex Scott/Chemical & Engineering News)

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Pave Bank, which lets businesses manage both fiat and digital assets in real time, raised a $39M Series A led by Accel, with Tether and others participating (RT Watson/The Block)

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A profile of Wikipedia co-founder Larry Sanger, who left in 2002 and whose claims that Wikipedia has a liberal bias are fueling the right's campaign against it (Will Oremus/Washington Post)

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Sources: OpenAI is developing AI tools to generate music from text and audio prompts, including capabilities such as adding guitar accompaniment to vocal tracks (The Information)

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Crypto infrastructure provider Fireblocks acquires Dynamic, which streamlines crypto wallet setup, authentication, and onboarding for 50M+ accounts, for ~$90M (CTech)

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A look at AI startups aiming to address loneliness among the elderly; a study predicts the AI market for aging and elderly care will grow to over $43B in 2025 (Forbes)

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How Changpeng Zhao's pardon frees him to refocus on reclaiming ground in the US market, where Binance.US only has a 0.75% share of bitcoin trading volume (Bloomberg)

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Xiaomi says surging memory chip prices have raised the cost of making smartphones, after pricing of its new Redmi K90 series disappointed Chinese consumers (Reuters)

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Grab is investing an undisclosed amount in May Mobility as part of a multiyear deal, which includes bringing robotaxis to Southeast Asia as soon as 2026 (Natalie Lung/Bloomberg)

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Shares of Japanese optical fiber maker Fujikura are up ~171% YTD, outpacing the Nikkei's 22% and lifting its market cap to $33B+ amid the AI data center boom (Junko Fujita/Reuters)

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Sources: PayPal to take over Carlyle's stake in Shopware, a German provider of e-commerce tools to merchants, with PayPal's stake increasing to ~41% from ~11% (Bloomberg)

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Lindo St. Angel, VP of hardware at Amazon's Lab126 R&D unit since 2010, plans to leave on October 31; he helped develop the Echo, Astro robot, and Fire tablet (Greg Bensinger/Reuters)

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Oreo maker Mondelez has spent $40M+ on an AI tool, developed with Publicis and Accenture, to cut costs for the production of marketing content by 30% to 50% (Jessica DiNapoli/Reuters)

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Sources: X's advertising chief John Nitti, who joined in January, has left; X's CFO Mahmoud Reza Banki left in early October after less than a year in the role (Hannah Murphy/Financial Times)

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Sources detail how Sam Altman, Jensen Huang, Marc Benioff, and others brokered a call between SF Mayor Daniel Lurie and Trump to stop National Guard deployment (Wall Street Journal)

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Microsoft plans to bring its Halo franchise to the PlayStation for the first time with the launch of a 25th‑anniversary remake of Halo: Combat Evolved in 2026 (Zachary Small/New York Times)

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Grindr board members Ray Zage and James Lu, part of an investor group that owns more than 60%, offer to take Grindr private for ~$3.46B; GRND closes up 18.63% (Reuters)

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Source: President Trump has picked Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push (Bloomberg Law)

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With an influx of Meta alums, some OpenAI staffers worry it is adopting Meta's tactics, like using social media dynamics with Sora and a softening stance on ads (The Information)

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Interviews with 23 current and ex-AWS employees and others about AWS' challenges, including intense competition, internal bureaucracy, and lackluster AI efforts (Matt Day/Bloomberg)

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Netflix shuts down Boss Fight Entertainment, the game studio behind mobile game Squid Game: Unleashed, after acquiring it in March 2022 (Jay Peters/The Verge)

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Crypto.com follows Circle, BitGo, and others in applying for a US bank charter, as it seeks to further its custody-service business for products such as ETFs (Emily Mason/Bloomberg)

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Tether CEO Paolo Ardoino says the company expects to earn close to $15B in profit in 2025, up from around $13B in 2024 (Bloomberg)

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Automattic files counterclaims against WP Engine's October 2024 lawsuit and alleges that WP Engine has been abusing the WordPress trademark (Sarah Perez/TechCrunch)

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New York-based Valthos, which is developing AI tools to detect and prevent AI-enabled bioweapon attacks, raised $30M from OpenAI, Founders Fund, and Lux Capital (Lizette Chapman/Bloomberg)

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OpenAI launches a "company knowledge" ChatGPT update to let Business, Enterprise, and Education users search for data in connected apps like Slack and GitHub (Jess Weatherbed/The Verge)

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Sources: banks are preparing to launch a $38B debt sale to fund Oracle data centers, including $23.25B for a Texas data center and $14.75B for a Wisconsin site (Jeannine Amodeo/Bloomberg)

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HP plans to build millions of computers in Saudi Arabia by 2030, primarily for export to MENA, as part of the kingdom's plans to boost manufacturing and exports (Matthew Martin/Semafor)

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UK prosecutors say the ringleader of a 2024 arson attack on Ukraine-linked businesses in London discussed kidnapping Revolut's Russia-born CEO Nikolay Storonsky (Michael Holden/Reuters)

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IBM says it was able to run a key algorithm for correcting qubit errors, which runs alongside quantum chips, on readily available AMD chips; AMD closes up 7.63% (Stephen Nellis/Reuters)

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Sources: JPMorgan plans to allow institutional clients globally to use their holdings of bitcoin and ether as collateral for loans by end of year (Emily Nicolle/Bloomberg)

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The EU accuses Meta and TikTok of violating their obligations to give researchers adequate access to public data on their platforms under the DSA (Eliza Gkritsi/Politico)

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EU accuses Meta under DSA of failing to give users easy ways to flag illegal content and adequate tools to appeal moderation decisions, in preliminary findings (Kim Mackrael/Wall Street Journal)

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Entries updated Nov 23, 2025 12:47:00 AM PST

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