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  • Wed Oct 8

OpenAI and AWS sign a seven-year deal in which OpenAI will pay $38B for AI compute, including training its models using Amazon's data centers and using its CPUs (Berber Jin/Wall Street Journal)

4d
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MongoDB CEO Dev Ittycheria is stepping down after 11 years, replaced by Cloudflare President of Product & Engineering Chirantan Desai, effective November 10 (Jordan Novet/CNBC)

4d
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Job listings show AI groups like OpenAI, Anthropic, and Cohere have stepped up hiring for forward-deployed engineers to help businesses adopt their AI models (Financial Times)

5d
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Israel unveils tax incentives to reverse tech brain drain that increased during the war in Gaza and tax breaks for investors in Israeli funds and tech firms (James Shotter/Financial Times)

5d
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An Italian law requiring porn sites, including Pornhub, YouPorn, and OnlyFans, to verify the ages of their users will go into effect on November 12 (Jackson Chen/Engadget)

5d
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Online harassers are using AI tools to create more realistic death threats, posting hyper-realistic AI-generated images and sounds to social media platforms (Tiffany Hsu/New York Times)

5d
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A profile of David Bailey, Trump's informal crypto advisor who organizes the Bitcoin Conference, as he seeks to turn a Utah health clinic into a bitcoin bank (Nina Bambysheva/Forbes)

5d
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AI browsers can bypass some paywalls; OpenAI's Atlas seems to avoid content from companies suing OpenAI, providing summaries or alternate reporting instead (Columbia Journalism Review)

5d
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Copenhagen-based Formalize, whose compliance software serves organizations in 80+ countries, raised a €30M Series B co-led by Acton Capital and Blackfin Tech (Tamara Djurickovic/Tech.eu)

6d
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Nexperia's China unit says it has "sufficient inventories" to sustain order fulfillment "through year-end and beyond", after the parent suspended wafer supplies (Reuters)

6d
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Analysis: sports volumes on Kalshi approach $1B a week, with open interest in sports contracts regularly above $100M, significantly higher than other categories (Financial Times)

6d
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How the Venezuelan government is using crypto and stablecoins like USDT to manage the downturn; Venezuela sells most of its oil to China and is paid in crypto (Anatoly Kurmanaev/New York Times)

6d
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Oxford Economics: the AI boom is lifting global trade, with ~60% of US data center capex spent on imported IT gear, mainly from Taiwan, South Korea, and Vietnam (Akash Sriram/Reuters)

6d
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Big Tech's dominance on the S&P 500 is becoming more extreme; the eight biggest tech stocks account for 60% of the gains since the market bottomed in April 2025 (George Steer/Financial Times)

6d
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How Google Cloud has become one of Alphabet's fastest-growing businesses under Thomas Kurian, driven by investments in AI, data centers, custom chips, and more (Kenrick Cai/Reuters)

6d
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A profile of Aaron Greenspan, who has spent years on a crusade to expose what he believes are financial problems at Tesla and at big tech companies (Noam Scheiber/New York Times)

6d
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Microsoft's AI tools still lag behind OpenAI's, as Microsoft struggles to create a cohesive AI experience and add new features by integrating OpenAI models (Austin Carr/Bloomberg)

6d
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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)

6d
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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)

6d
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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)

6d
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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)

6d
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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)

6d
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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)

6d
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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)

6d
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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)

6d
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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)

6d
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China says it will allow some Nexperia semiconductor chip exports to resume to ease critical supply shortages impacting global auto production (Financial Times)

6d
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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)

6d
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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Bluesky says it has hit 40M users and plans to launch "dislikes" in beta to tailor content rankings and reply rankings (Sarah Perez/TechCrunch)

1w
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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)

1w
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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)

1w
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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)

1w
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Lettuce Financial, which offers an accounting, payroll, benefits, and tax compliance service for one-person businesses, raised $28M led by Zeev (Elaine Pofeldt/Forbes)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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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)

1w
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Entries updated Nov 7, 2025 10:14:05 PM PST

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