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Techmeme

Research: US companies announced 153,074 job cuts in October, the most in 20+ years and up 3x on October 2024, as AI reshapes industries and cost-cutting rises (Julia Fanzeres/Bloomberg)

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Sources: Sequoia's Pat Grady and Alfred Lin plan to deepen the firm's AI focus and reframe its image as less politically partisan, after Roelof Botha's exit (Kate Clark/Bloomberg)

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Jensen Huang warns "China is going to win the AI race", after the US kept a ban on advanced AI chip sales to China, and says the West is held back by "cynicism" (Financial Times)

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Rockstar says it fired dozens of employees last week for "distributing and discussing confidential information in a public forum", disputing union allegations (Jason Schreier/Bloomberg)

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Huawei unveils the ~$590 Mate 70 Air, a 6.6mm thick smartphone set to compete with the $999 iPhone Air, with a 7" display and HarmonyOS, shipping November 11 (Bloomberg)

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Sources, public records, and documents detail TuSimple's downfall, after it transferred autonomous driving IP to Chinese partners despite a 2022 CFIUS agreement (Kate O'Keeffe/Bloomberg)

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The AI boom is driving coordinated innovation in the US as it builds fabs and energy infrastructure that could have lasting value even if the bubble bursts (Ben Thompson/Stratechery)

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License plate surveillance company Flock Safety faces bipartisan pressure from lawmakers and local organizers over its data handling and cybersecurity practices (Ashley Belanger/Ars Technica)

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Microsoft built a simulated marketplace to test hundreds of AI agents, finding that businesses could manipulate agents into buying their products and more (Russell Brandom/TechCrunch)

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Sources: SoftBank explored a potential takeover of Marvell earlier this year to merge it with Arm, in what would have been the chip industry's largest-ever deal (Bloomberg)

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Sony unveils the Fair Human-Centric Image Benchmark dataset to test the fairness of computer vision models, saying it was compiled in a fair and ethical manner (Thomas Claburn/The Register)

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Pony.ai's and WeRide's shares fell as much as 15% in their Hong Kong trading debuts; Pony.ai raised ~$863M in the secondary offering, and WeRide raised ~$309M (Bloomberg)

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Foursquare founder Dennis Crowley's new startup Hopscotch Labs releases BeeBot, which combines AI, audio, and location-based social features, on the App Store (Karissa Bell/Engadget)

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Nexperia says it suspended wafer supplies to its China factory because the local unit refused to make payments and has ignored global management's instructions (Sarah Jacob/Bloomberg)

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