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Techmeme

Q&A with Satya Nadella on business models for AGI, Copilot, Microsoft AI, the hyperscale business, the OpenAI partnership, capex, sovereign AI efforts, and more (Dwarkesh Patel/Dwarkesh Podcast)

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An investigation traces how Shanghai-based AI company INF Tech accessed advanced Nvidia chips at an Indonesian data center despite US export controls (Wall Street Journal)

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Foxglove, which is building a data and observability platform for robotics companies, raised a $40M Series B led by Bessemer, bringing its total funding to $58M (Steve Crowe/The Robot Report)

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US Attorney Jeanine Pirro launches a federal investigative task force to crack down on overseas crime organizations behind crypto scams targeting Americans (Salvador Rizzo/Washington Post)

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Even Realities' G2 glasses hands-on: lighter than the G1, subtle notifications on the lens that cross the eye line, and a "passive wearable" akin to Apple Watch (Fernando Silva/9to5Mac)

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GC AI, which provides in-house corporate legal teams with AI tools for common tasks, raised a $60M Series B led by Scale and Northzone at a $555M valuation (Sara Merken/Reuters)

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FanDuel and CME Group plan to launch FanDuel Predicts, a prediction market app, in December, bypassing restrictions in US states where gambling is illegal (Stephanie Stacey/Financial Times)

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Google says it will allow "experienced users" to install Android apps from unverified developers, following backlash against new sideloading restrictions (Mishaal Rahman/Android Authority)

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Satya Nadella says Microsoft has access to "all" of OpenAI's custom AI chip work and plans to use it to help develop its own in-house chip (Brody Ford/Bloomberg)

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Tavus, which develops enterprise AI agents focused on employee recruitment and training, raised a $40M Series B led by CRV (Chris Metinko/Axios)

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Valve's Steam Frame hands-on: the back-mounted battery and 185g visor make it very comfortable, streaming is stable, but the display has poor contrast (UploadVR)

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Google launches Cameyo by Google, after acquiring the software virtualization company in June 2024, to help organizations run legacy Windows apps on ChromeOS (Jess Weatherbed/The Verge)

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A Dubai court orders a worldwide freeze on $456M in reserves linked to Justin Sun's bailout of Techteryx's TrueUSD, saying there's evidence of a breach of trust (Sam Reynolds/CoinDesk)

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Former Twitter CEO Parag Agrawal's Parallel Web Systems, which is building tools for AI agents to search the web, raised a $100M Series A at a $740M valuation (Tom Dotan/Newcomer)

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Cisco reports Q1 revenue up 8% YoY to $14.88B, vs. $14.77B est., net income up 5% to $2.86B, and forecasts Q2 revenue above est.; CSCO jumps 5%+ after hours (Ari Levy/CNBC)

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Boston-based Code Metal, which uses AI to help engineers translate code into other languages, raised a $36.5M Series A led by Accel at a $250M valuation (Lora Kolodny/CNBC)

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Visa announces a pilot allowing businesses to send stablecoins payouts directly to users' or workers' crypto wallets (Emily Mason/Bloomberg)

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Valve's Steam Frame features a replaceable battery strap, dual 2160×2160 LCD panels, a Snapdragon 8 Gen 3 chipset, 16GB of RAM, a microSD slot, and weighs 440g (David Heaney/UploadVR)

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Microsoft unveils an AI "super factory", a new class of hubs built for AI training, in Atlanta as part of its Fairwater network of data centers (Sebastian Herrera/Wall Street Journal)

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OpenAI rolls out GPT-5.1 Instant, "warmer" and "more conversational", and GPT-5.1 Thinking, "easier to understand and faster", starting with paid ChatGPT users (OpenAI)

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OpenAI asks a federal judge to reverse an order that required it to turn over 20M anonymized ChatGPT chat logs in NYT's copyright suit, citing privacy concerns (Blake Brittain/Reuters)

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Valve unveils the second-gen Steam Controller, with a puck that serves as both a low-latency wireless connector and a charging station, launching in early 2026 (Jay Peters/The Verge)

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Valve unveils Steam Frame, a VR headset that can stream games from a PC or run Windows and Android games locally, expected to launch in 2026 for under $999 (Jay Peters/The Verge)

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Valve unveils a new Steam Machine, a cube-shaped gaming PC with SteamOS, a semi-custom AMD Zen 4 CPU and AMD RDNA 3 GPU, and 16GB of RAM, expected in early 2026 (Andrew E. Freedman/Tom's Hardware)

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An Apple-funded study about DMA finds developers didn't pass on App Store fee savings to EU users, keeping prices the same or increasing them on 91% of products (William Gallagher/AppleInsider)

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Apple launches Digital ID in Apple Wallet, letting iPhone and Apple Watch owners in the US carry a copy of their passport, which can be used at TSA checkpoints (Sarah Perez/TechCrunch)

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Ireland's media regulator launches its first formal investigation under the EU DSA, probing X for allegedly failing to remove illegal content reported by users (Bloomberg)

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Sources: the EU is preparing to probe Google over news publisher rankings in search over claims that Google demotes sites with "third party" promotional content (Barbara Moens/Financial Times)

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WisdomAI, which offers AI-driven data analytics that can answer business questions, including from "dirty" data, raised a $50M Series A led by Kleiner Perkins (Julie Bort/TechCrunch)

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Waymo becomes the first robotaxi provider to offer driverless rides on freeways, available 24/7 in San Francisco, Phoenix, and Los Angeles for users who opt in (Zoe Thomas/Bloomberg)

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Amazon Echo Show 8 ($180) and Echo Show 11 ($220) hands-on: better hardware and software, Alexa+ is an improvement, but no camera cover and ads are coming later (Jennifer Pattison Tuohy/The Verge)

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Filing: Synopsys plans to lay off ~10% of its staff, or ~2,000 employees, after completing its $35B acquisition of engineering design firm Ansys earlier in 2025 (Jaspreet Singh/Reuters)

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Anthropic plans to spend $50B on a US AI infrastructure buildout, starting with Texas and New York data centers in partnership with Fluidstack, opening in 2026 (MacKenzie Sigalos/CNBC)

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Circle reports Q3 revenue up 66% YoY to $739.8M, USDC in Circulation at quarter end up 108% YoY to $73.7B, and net income up 202% YoY to $214M; CRCL drops 5%+ (Reuters)

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Fei-Fei Li's World Labs debuts Marble, its first world model, which lets users turn prompts, photos, and other media into editable 3D environments, after a beta (Rebecca Bellan/TechCrunch)

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Airbnb says it will launch a three-month pilot on January 5 that lets guests order groceries via Instacart within its app in Phoenix, Orlando, and Los Angeles (Natalie Lung/Bloomberg)

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Indian investment app Groww raised ~$748M in its Indian IPO, closing up 29% and giving it a ~$9B market cap; Groww is the first Indian YC-backed startup to IPO (Jagmeet Singh/TechCrunch)

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Coinbase plans to move its incorporation from Delaware to Texas, saying Delaware "once provided companies with consistency" but now has "unpredictable outcomes" (Ari Levy/CNBC)

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Tel Aviv-based Sweet Security, which helps spot abnormal cloud infrastructure behavior, raised $75M led by Evolution Equity, taking its total funding to $120M (Marissa Newman/Bloomberg)

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Deezer-Ipsos survey of 9,000 music listeners in eight countries: 97% can't distinguish AI-generated music, 73% support clear labelling of AI tracks, and more (Jaspreet Singh/Reuters)

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Boston-based Teradar, which aims to launch a solid-state sensor for autonomous cars in 2028 that it says can outperform lidar and radar, raised a $150M Series B (Sean O'Kane/TechCrunch)

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An analysis of 47K publicly shared ChatGPT chats: ~10% were related to emotional support, ChatGPT's responses started with "yes" 10x more than "no", and more (Washington Post)

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Maryland-based autonomous military vehicle software startup Forterra raised $238M, including $50M in debt, led by Moore Strategic Ventures at a $1B+ valuation (Lizette Chapman/Bloomberg)

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Stockholm-based driverless truck startup Einride says it will go public in H1 2026 via a SPAC, valuing the company at $1.8B, and reports ~$43.3M in 2024 revenue (Paul Berger/Wall Street Journal)

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Michael Burry's warning that hyperscalers are underestimating AI chip depreciation shows that tech investors may have forgotten how much depreciation can hurt (Chris Bryant/Bloomberg)

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IBM unveils two quantum computers, Loon and Nighthawk, that it says feature unprecedented qubit connectivity designs aiming to enable error-free computations (Karmela Padavic-Callaghan/New Scientist)

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Amazon says it is rolling out a tougher approach to combat illegal sports streaming on Fire TV Stick devices, aiming to block apps that stream pirated content (Adam Leventhal/The Athletic)

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D-Matrix, which develops AI inference chips, raised $275M co-led by Bullhound, Triatomic, and Temasek at a $2B valuation, taking its total funding to $450M (Dina Bass/Bloomberg)

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Google files a lawsuit in the SDNY against China-based hackers who it says run the Lighthouse platform for "phishing services", ensnaring 1M and stealing $1B+ (Financial Times)

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JD.com says it had record sales during China's Singles' Day event, without giving transaction values, despite Chinese deflation; Alibaba hasn't released data (Jacob Gu/Bloomberg)

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