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The Alpha Arena experiment gave six frontier models $10K each to trade crypto derivatives over two weeks: losses ranged from Qwen3 Max's $652 to GPT-5's $5,679 (Sebastian Pellejero/Reuters)

Rivian spins off Mind Robotics as a new stand-alone industrial AI and robotics company; Mind Robotics raised a $115M seed led by Eclipse (Sean O'Kane/TechCrunch)

Swedish investment firm EQT agrees to invest $930M in Douzone Bizon, a South Korea-based provider of ERP and business software to SMBs, for a 37.6% stake (Atharva Singh/Reuters)

Investment in subsea cable projects is expected to reach $13B between 2025 and 2027, almost 2x the amount invested between 2022 and 2024, driven by AI buildout (Magdalena Petrova/CNBC)

As US schools adopt AI, a look at the growing use of AI-powered monitoring tools like GoGuardian to scan students' chatbot conversations for signs of self-harm (Janne Knodler/Bloomberg)

Chinese robotaxi companies' tech and rider experience are generally similar to Waymo's, as they build businesses at home while also expanding internationally (Peter Landers/Wall Street Journal)

Several of Asia's top tycoons and conglomerates are joining the data center race as tech giants plan $240B in APAC hyperscale expansion over the next five years (Jonathan Burgos/Forbes)

A look at Dominari Holdings and Yorkville Advisors, two little-known boutique banks that have helped finance the Trump family's flurry of crypto deals this year (George Steer/Financial Times)

OpenAI, Alphabet, and Perplexity offering free access to their paid tiers in India suggests the country may be the biggest and safest bet for broad AI adoption (Mihir Sharma/Bloomberg)

Apple Music's growth may be stymied by the lack of a free tier as a funnel; Midia: on a weekly level, 43% of consumers used Spotify and 16% turned to Apple (Ashley Carman/Bloomberg)

An account of working at Cursor for 60 days: a largely in-person culture, few scheduled meetings, aggressive recruiting, heavy internal product testing, more (Brie Wolfson/Colossus)

In DeepSeek's first public appearance since R1's success, a senior researcher told a state-run conference he was pessimistic about AI's impact on humanity (Reuters)

CoinGecko: crypto market cap falls to $3.5T from October's $4.4T peak, on track to erase its 2025 gains; crypto ETFs had $700M of net outflow over the past week (Bloomberg)

Vast Data, which develops data storage tools, inks a $1.17B AI deal with CoreWeave; Vast Data, valued at $9.1B in 2023, said it reached $200M ARR by Jan. 2025 (Krystal Hu/Reuters)

Nasdaq had its worst 5-day run since April, falling 3% for the week as the combined market value of eight most valuable AI-related stocks fell by about $800B (Financial Times)

A US judge declares a mistrial after a jury couldn't reach a verdict on two brothers charged in 2024 for allegedly stealing $25M in crypto from Ethereum traders (Bloomberg)

Google introduces Nested Learning, a new ML approach for continual learning that views models as nested optimization problems to enhance long context processing (Google Research)

Sources: Samsung is in talks with Barclays to launch a consumer credit card in the US; it's also exploring a high-yield savings account, BNPL product, and more (AnnaMaria Andriotis/Wall Street Journal)

France's Finance Ministry halts the suspension proceedings of Shein that was initiated on November 5 after Shein withdrew illicit products from its platform (Inti Landauro/Reuters)

In a letter on October 27, OpenAI asked the Trump administration to expand a 35% Chips Act tax credit to help lower the cost of AI infrastructure (Bloomberg)

Both Baumol effect and Jevons paradox may apply to the AI supercycle, as services with AI productivity gains get cheaper, while those without AI become costlier (Alex Danco/a16z)

Unit 42: "commercial grade" spyware called Landfall, likely zero-click, was used in a hacking campaign aimed at Samsung Galaxy phones in the Middle East (Suzanne Smalley/The Record)

Sources: Roelof Botha was ousted by senior Sequoia partners amid concerns about his "imperial style" leadership, AI investment strategy, and internal clashes (George Hammond/Financial Times)

Neobank Mercury says it has hit $650M in annualized revenue, up from $500M by end of 2024, and has been GAAP profitable on net income and EBITDA for three years (Allie Garfinkle/Fortune)

A Delaware federal jury rules that GoDaddy owes patent owner Express Mobile $170M for violating its rights in website-building technology; GoDaddy will appeal (Blake Brittain/Reuters)

Trump Media reports Q3 net sales down 3.8% YoY to $972.9K and a net loss of $55M, up from $19M in Q3 2024; its stock is down 70% from a January high (Bailey Lipschultz/Bloomberg)

You.com CEO Richard Socher is working on a new AI lab to automate AI research, and, sources say, hopes to raise $1B for it; Socher will remain at You.com (The Information)

Meta says it will invest $600B in the US infrastructure and jobs by 2028; Zuckerberg told Trump at a September dinner that Meta will spend "at least $600B" (Juby Babu/Reuters)

Denmark's government has reached a political agreement to ban social media access for anyone under 15, with a possible parental consent exception from age 13 (Euronews)

Amazon launches Amazon Bazaar, a standalone, low-cost shopping app in 12+ markets across Asia, Africa, and Latin America, with most products priced under $10 (Sarah Perez/TechCrunch)

Commonware, which develops open-source code for launching blockchains, raised $25M led by Tempo, a stablecoin-focused blockchain backed by Stripe and Paradigm (Ben Weiss/Fortune)

Fastbreak AI, which provides AI-based sports scheduling optimization tools to the NBA, the NHL, MLS, and others, raised $40M led by Greycroft and GTMfund (Kim Bhasin/Bloomberg)

1Password CEO David Faugno says the company has crossed $400M in ARR, up from $250M in 2023, and says it is benefiting from a threat landscape shift due to AI (Samantha Subin/CNBC)

Sources: Google Gemini co-lead Noam Shazeer clashed with colleagues on internal forums over topics like gender and Gaza; moderators deleted some of his comments (The Information)

Microsoft, Meta, and sources say, Google, will not publish diversity reports and data in 2025; Amazon, Apple, and Nvidia released new diversity data in 2025 (Paresh Dave/Wired)

Study: Polymarket's trading volume has been inflated by wash trading, accounting for an average of 25% of all buying and selling over the past three years (Lydia Beyoud/Bloomberg)

Vodafone and AST SpaceMobile plan to establish a Europe-led satellite constellation, operated out of Germany, to provide satellite-to-smartphone connectivity (Reuters)

China is letting Nexperia export chips again, per officials from several auto companies; shares of Wingtech, Nexperia's Chinese parent company, close up 9.70% (Bloomberg)

Texas Attorney General Ken Paxton sues Roblox, saying it's a "breeding ground for predators" that is "flagrantly ignoring" safety laws and "deceiving parents" (Osmond Chia/BBC)

Sources: the Netherlands is prepared to drop the ministerial order that gave it control of Nexperia if China allows exports of its critical chips again (Bloomberg)

Researchers tested Google DeepMind's AlphaEvolve AI coding agent on 67 mathematical problems and found that it discovered improved solutions to ~20 of them (Adam Zsolt Wagner/@azwagner_)

Seven lawsuits in California, including four wrongful death lawsuits, claim ChatGPT encouraged dangerous discussions, leading to suicides and harmful delusions (Kashmir Hill/New York Times)

Speaking to shareholders, Elon Musk says Tesla is "probably going to have to build a gigantic chip fab" for AI chips and "maybe, we'll do something with Intel" (Sayantani Ghosh/Reuters)

Draft proposal: the EU weighs a pause and simplification of parts of the AI Act, with a decision expected on November 19, amid pressure from Big Tech and the US (Barbara Moens/Financial Times)

TikTok Shop says fraudulent sellers are using AI to create fake brands and nonexistent products; TikTok rejected 70M products and banned 700K sellers in H1 2025 (Dan Whateley/Business Insider)

Cloudflare warns the US government that site-blocking efforts in Europe and Asia to combat online piracy are creating digital trade barriers for US providers (Ernesto Van der Sar/TorrentFreak)

An Oxford Internet Institute study of 445 AI benchmarks finds many tests lack clear aims and comparable statistical methods, potentially exaggerating AI claims (Jared Perlo/NBC News)

Chinese startup Moonshot releases Kimi K2 Thinking, an open-source model it claims beats GPT-5 in agentic capabilities; source: the model cost $4.6M to train (Evelyn Cheng/CNBC)

Sources: the White House has told others in the government it won't allow Nvidia to sell its scaled-down AI chip B30A to China, despite Trump's hints he might (Qianer Liu/The Information)

Tow Center identifies eight X bot accounts that use X's AI Note Writer API to write between 5% to 10% of the Community Notes visible to the public each day (C.J. Robinson/Columbia Journalism Review)