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Grokipedia content often closely mirrors Wikipedia except for some political topics but its use of AI makes it better than Wikipedia on obscure entries (Katie Notopoulos/Business Insider)

The White House says China has agreed to effectively end rare earth export controls issued in 2025 and 2022, and will also close probes of US chip companies (Hadriana Lowenkron/Bloomberg)

Q&A with Sam Altman and Satya Nadella about the Microsoft-OpenAI partnership, OpenAI's restructuring and $100B revenue target for 2027, $3T AI buildout, more (@bg2pod)

Turkish state media reports that Faruk Fatih Ozer, the former CEO of failed crypto exchange Thodex, has been found dead in his prison cell (Baris Balci/Bloomberg)

Anduril conducts the first flight of its jet-powered unmanned drone, flying it "semi-autonomously", as the US Air Force plans swarms of unmanned jet drones (David Jeans/Reuters)

ESPN plans to make its College Gameday telecast available on host Pat McAfee's X account, as Disney and YouTube TV continue to spar over a new carriage deal (Brian Steinberg/Variety)

A profile of AI contractor marketplace Mercor, which is valued at $10B and whose three 22-year-old founders are Thiel Fellows, each holding a roughly 22% stake (Richard Nieva/Forbes)

MediaTek says it is on track to generate $1B in revenue from its data center AI accelerator ASIC chips in 2026, after reporting Q3 revenue up 7.8% YoY to $4.64B (Reuters)

Singapore seizes more than $115M in assets linked to Cambodia's Prince Group, which the US and UK accuse of stealing billions of dollars via online scam centers (Bloomberg)

China says it will allow some Nexperia semiconductor chip exports to resume to ease critical supply shortages impacting global auto production (Financial Times)

Nvidia says it will supply 260K+ of its most advanced AI chips to the South Korean government and major companies, including Samsung, Naver, and SK Group (Reuters)

Despite the hype around large AI models, many companies like Meta are using small models for routine tasks, finding them more practical and cost-effective (Christopher Mims/Wall Street Journal)

Shares of Seagate and Western Digital have sharply outperformed the broader market in 2025, surging ~200% on AI-related infrastructure demand for hard drives (Shashwat Chauhan/Reuters)

Vista Equity Partners buys a majority stake in Nexthink, which uses AI to let businesses track employees' device and app performance, valuing Nexthink at $3B (Paula Doenecke/Bloomberg)

Vodafone agrees to acquire Skaylink, a German company specializing in managing cloud deployments on Microsoft Azure and AWS, for €175M from PE firm Waterland (Yamini Kalia/Reuters)

NEC to buy US-listed CSG, a SaaS provider of customer care and billing services for telcos and other companies, for ~$2.9B in a deal expected to close in 2026 (Mayumi Negishi/Bloomberg)

Mumbai-based Snapmint, a BNPL partner to brands that lets consumers pay in monthly instalments via India's UPI, raised a $125M Series B led by General Atlantic (Shashank Pathak/Entrackr)

Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting them keep the debt off their balance sheets (Carmen Arroyo/Bloomberg)

New York-based Kaizen, which provides a commerce platform for government agencies to offer services like utility billing, raised a $21M Series A led by NEA (Chris Metinko/Axios)

Sources: Coinbase is in late stage talks to buy stablecoin infra startup BVNK in a ~$2B deal; Coinbase expects to close the deal later this year or early 2026 (Bloomberg)

In its Q3 earnings, Alphabet said the profit included "net gains on equity securities of $10.7B," in part from a private company, which sources say is Anthropic (Bloomberg)

Bluesky says it has hit 40M users and plans to launch "dislikes" in beta to tailor content rankings and reply rankings (Sarah Perez/TechCrunch)

Brian Armstrong ended Coinbase's Q3 earnings call by saying certain words that Kalshi and Polymarket users had wagered would be mentioned during the call (Bloomberg)

Microsoft's Q1 earnings, showing that it had a $3.1B net loss from its OpenAI stake, imply OpenAI lost $11.5B during the quarter based on Microsoft's 27% stake (Matt Rosoff/The Register)

Archy, which offers AI-powered dental practice management software, raised a $20M Series B led by TCV, bringing its total funding to $47M (Mary Ann Azevedo/Crunchbase News)

Lettuce Financial, which offers an accounting, payroll, benefits, and tax compliance service for one-person businesses, raised $28M led by Zeev (Elaine Pofeldt/Forbes)

Tether reports that it has generated profits of over $10B during the first three quarters of 2025 and it has issued an additional $17B in USDT during Q3 (RT Watson/The Block)

Human Interest, a 401(k) platform for SMBs that aims to cut down on administrative work, raised $100M+ at a $3B post-money valuation, up from $1.3B in 2024 (Dan Primack/Axios)

In their latest earnings reports, Meta, Alphabet, Microsoft, and Amazon have announced plans to increase their AI spending in 2026 to a combined $400B (Meghan Bobrowsky/Wall Street Journal)

Pony.ai becomes the first company to receive a citywide robotaxi permit for Shenzhen, allowing self-driving taxis to operate beyond pilot zones (Evelyn Cheng/CNBC)

Sources: ex-xAI researcher Eric Zelikman is raising $1B at a $5B valuation for Humans&, which aims to train AI that is better at collaborating with humans (Anna Tong/Forbes)

Perplexity launches a free AI-powered patent research tool in beta to let users search for patents using natural language queries (Emma Roth/The Verge)

Getty and Perplexity sign a multi-year licensing agreement to let the AI startup display Getty's images across its search and discovery tools (Kritika Lamba/Reuters)

Denmark says it will withdraw the EU "Chat Control" proposal, which would force tech companies to scan messages for CSAM, and instead support voluntary scanning (Claudie Moreau/Euractiv)

Google releases its first AI-generated ad, promoting Search's AI mode, but chooses not to include a label disclosing it was made with Veo 3 and other tools (Patrick Coffee/Wall Street Journal)

Nvidia CEO Jensen Huang says he still hopes to sell the company's Blackwell chips to China "someday", but points out the decision is up to President Trump (Reuters)

The US CBP signs a two-year deal with AI logistics company Altana, and will use its platform for real-time trade enforcement, forced labor detection, and more (Mackenzie Weinger/Axios)

Letter: Nexperia suspends supplies of wafers to its Chinese assembly plant, citing a failure to "comply with the agreed contractual payment terms" (Reuters)

YouTube is revamping its TV app to mimic paid streamers like Netflix, organizing videos by seasons and episodes, blurring the lines between pro and user content (Janko Roettgers/The Verge)

Samsung says it's partnering with Nvidia to build an "AI Megafactory" and deploy over 50K of Nvidia's most advanced GPUs to embed AI in its chipmaking process (Mike Wheatley/SiliconANGLE)

Ofcom chief Melanie Dawes warns social media companies to prove their algorithms protect under-18s from seeing harmful content, or face enforcement action (Dan Thomas/Financial Times)

Corporate travel and expense management software maker Navan's shares fell 20% to $20, valuing it at $5B, after raising $923.1M in its IPO at a $6.2B market cap (Subrat Patnaik/Bloomberg)

Filing: Gloo, a developer of AI tools for Christian churches with ex-Intel CEO Pat Gelsinger as its head of technology, seeks an $873.4M valuation in its US IPO (Pritam Biswas/Reuters)

Amazon CEO Andy Jassy says the 14,000-person layoffs were due to "culture" and "removing layers" from its internal structure, not really AI or financial factors (Taylor Soper/GeekWire)

SEC filing: Snowflake says an executive shared unauthorized financial guidance with an Instagram influencer; an Oct. 26 video interview features CRO Mike Gannon (Alice Tecotzky/Business Insider)

Cloudflare reports Q3 revenue up 31% YoY to $562M, vs. $544.6M est., and forecasts Q4 revenue of $589M, vs. $580M est.; NET jumps 8%+ (Reinhardt Krause/Investor's Business ...)

Twilio reports Q3 revenue up 15% YoY to $1.3B vs. $1.25B est., forecasts Q4 sales above est., agrees to buy identity platform Stytch; TWLO jumps 8%+ after hours (Chris Ciaccia/Seeking Alpha)

OpenAI starts to sell extra credits for Sora, which currently has a limit of 30 free gens per day; 10 video gens will retail for $4 through Apple's App Store (Anna Washenko/Engadget)

Amazon reports a $9.5B pre-tax gain from its investment in Anthropic, which was included in the company's non-operating income for Q3 (Todd Bishop/GeekWire)

Amazon reports Q3 AWS revenue up 20% YoY to $33B, vs. $32.42B est., and AWS operating income up 9.5% YoY to $11.4B (Annie Palmer/CNBC)