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Tue Oct 21
Sources: the European Commission wants to decide if AWS, Azure, or Google Cloud should face new restrictions under the DMA, after several major cloud outages (Samuel Stolton/Bloomberg)
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Klarna CEO Sebastian Siemiatkowski says he is "nervous about the size of these investments in these data centers"; he owns stakes in OpenAI, Perplexity, and xAI (Laith Al-Khalaf/Financial Times)
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Meta says its 2Africa subsea internet cable project remains incomplete in the southern Red Sea due to security risks; Google's Blue-Raman cable is also delayed (Bloomberg)
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In an informal survey of 300+ Cerebral Valley AI Conference attendees asking which $1B+ valuation startup to short, most voted Perplexity, followed by OpenAI (Ben Bergman/Business Insider)
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Voize, an ambient AI voice startup targeting skilled nursing facilities, raised a $50M Series A led by Balderton Capital and aims to sign US clients in Q1 2026 (Brock E.W. Turner/Axios)
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Q&A with OpenAI CEO of Applications Fidji Simo on joining OpenAI, ChatGPT users' mental health, profitability, data center deals, her chronic illness, and more (Zoë Schiffer/Wired)
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US filing: Peter Thiel's Thiel Macro sold 537,742 Nvidia shares, worth ~$100M as of September 30, during Q3, amid rising concerns about an AI investment bubble (Bloomberg)
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Copenhagen-based Flatpay, which facilitates card payments for SMBs, raised €145M at a €1.5B valuation and says it "crossed €100M of ARR in October" (Anna Heim/TechCrunch)
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Sources: UK companies tell the UK that a planned ban on paying ransoms to ransomware gangs is unlikely to stop attacks and could result in services collapsing (Kieran Smith/Financial Times)
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Freedom on the Net 2025 report: for the 15th consecutive year, global internet freedom is in decline; of the 72 countries assessed, Kenya fell the most (Tech Policy Press)
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Investigation: $28B+ in crypto tied to illicit activity flowed into crypto exchanges like Binance over the past two years, as President Trump embraced crypto (New York Times)
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Chinese toymaker FoloToy suspends sales of its GPT-4o-powered teddy bear, after researchers found the toy gave kids harmful responses, like about fire and kinks (Brandon Vigliarolo/The Register)
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Sources: AI startup Project Prometheus raised $6.2B, including from Jeff Bezos, who is its co-CEO, his first operational role since leaving Amazon in July 2021 (Cade Metz/New York Times)
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An interview with Chris Gilliard on his new book Luxury Surveillance, how smart wearables could normalize pervasive surveillance, X's political shift, and more (Anika Collier Navaroli/Tech Policy Press)
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Chinese chipmaker Cambricon's revenue surged 500%+ in the past year and its stock jumped 765%+ in two years, as China pushes local chips amid US sanctions (Bloomberg)
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The FT's Tim Cook retirement story could be a "trial balloon" from people close to him, if Cook decides to leave on a high note after Apple's Q1 earnings report (M.G. Siegler/Spyglass)
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Tokyo-based Turing, which is developing an AI model for self-driving vehicles, raised a $99M Series A, sources say at a ~$388M valuation (Min-Jeong Lee/Bloomberg)
4d
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Elon Musk, Jeff Bezos, and Sundar Pichai have each discussed lunar and orbital AI data centers, which could offer steady solar power with fewer regulations (Tim Higgins/Wall Street Journal)
4d
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Empower: US BNPL use has grown to 91.5M users, with 25% financing groceries, as default rates accelerate and most loans aren't reported, creating "phantom debt" (Connie Loizos/TechCrunch)
4d
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Forecasters at the US National Hurricane Center are increasingly leaning on Google's new DeepMind prediction model, though questions about its methods remain (Eric Holthaus/The Guardian)
4d
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Tokyo-based Sakana AI raised a ~$135M Series B from MUFG, Khosla Ventures, and others at a ~$2.6B valuation, becoming Japan's most valuable unicorn (Nikkei Asia)
4d
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A look at Flighty, a flight-tracking app that often beats airline updates; downloads went up 3x when the FAA cut air traffic during the US government shutdown (Ben Cohen/Wall Street Journal)
4d
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Samsung, SK Group, and others announce billions in domestic investment after the US-South Korea trade deal; Samsung plans to invest $310B, and SK pledged $88B (Kim Tong-Hyung/Associated Press)
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Sources: Apple plans three high-end iPhones next fall, with lower-end iPhones and likely a new Air in Q2 2027; Mac Pro gets deprioritized; Jeff Williams retires (Mark Gurman/Bloomberg)
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Sources: Demis Hassabis pursued a Nobel as a DeepMind goal and favored high-minded work over short-term revenue or a stronger AI race position for Alphabet (Jeffrey Dastin/Reuters)
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Sources: Vinted is exploring a share sale that could value the company at ~€8B; Vinted says it expects 2025 revenue to cross €1B+, up from €813M in 2024 (Financial Times)
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Dealogic: 51 US tech IPOs raised $16.8B in 2025, driven by AI and crypto, above the past three-year average but far below 2021's 127 IPOs raising $74.4B (Valida Pau/The Information)
5d
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A cat's killing by a Waymo robotaxi sparked outrage in San Francisco, as some questioned why deaths caused by human drivers don't get the same level of concern (Heather Knight/New York Times)
5d
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Some experts question Anthropic's claims of cyberattack breakthroughs using its tools, noting that white-hat hackers report modest gains from AI-aided hacking (Dan Goodin/Ars Technica)
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The current AI strategies of China and the US are complementary, as unlike the US, China isn't "AGI-pilled" yet, focusing on embodied AI and open source models (Dean W. Ball/Hyperdimensional)
5d
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Apple updates App Review Guidelines to require apps to disclose and obtain users' permission before sharing personal data with third-party AI providers (Sarah Perez/TechCrunch)
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Political fixer Bradley Tusk's nonprofit releases VoteSecure, an open-source cryptographic protocol for mobile voting, amid skepticism from cryptographers (Steven Levy/Wired)
5d
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A look at the global AI data center buildout, its limits, and ROI concerns; in 2025, US capacity that is built, underway, planned, or stalled has topped 80 GW (Wall Street Journal)
5d
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A California federal jury says Apple must pay Masimo $634M for infringing a blood-oxygen patent used in Watch workout and heart-rate alerts; Apple will appeal (Blake Brittain/Reuters)
5d
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A profile of Meta Chief AI Scientist Yann LeCun, reportedly leaving after being sidelined, who says LLMs are a dead end for AGI and backs world models instead (Meghan Bobrowsky/Wall Street Journal)
5d
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Sources: Apple is intensifying CEO succession planning as Tim Cook, now 65, may step down as early as next year, with John Ternus seen as the likely successor (Financial Times)
6d
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Data Center Watch: local opposition blocked or delayed 17 US data center projects worth $98B in Q2 2025, vs. 16 projects worth $64B from May 2024 to March 2025 (Molly Taft/Wired)
6d
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Sources: Apptronik, a humanoid robot maker backed by Google, is in the process of raising at least $400M led by B Capital at a $5B pre-money valuation (The Information)
6d
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X replaces DMs with Chat, a new messaging system that it says is E2EE, supports file sharing, video calling, and more, rolling out first to iOS and the web (Karissa Bell/Engadget)
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Digital asset treasuries increasingly rely on in-kind contributions, with sponsors using their own crypto instead of cash, shifting risk to retail investors (Suvashree Ghosh/Bloomberg)
6d
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Opera says in the 12 months ending with October, it saw a 88% surge in daily active iOS users across Europe, partly due to the changes mandated by the DMA (Marcus Mendes/9to5Mac)
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OpenAI says ChatGPT will now avoid em dashes if users tell it to; em dashes have become telltale signs that supposedly signals text written by AI (Sarah Perez/TechCrunch)
6d
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Meta, TikTok, Google, and YouTube sue California over a new law that prohibits personalized feeds for minors without parental consent, claiming it violates 1A (Bernie Pazanowski/Bloomberg Law)
6d
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Filing: Berkshire Hathaway discloses a $4.3B stake in Alphabet in Q3, a surprising move given Warren Buffett's reluctance toward high-growth, tech-driven stocks (Yun Li/CNBC)
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Google says it plans to invest $40B through 2027 in three new data centers in Texas, including one co-located with a new solar and battery energy storage plant (Bloomberg)
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Elon Musk says Grok 5 would be released "in Q1 sometime", later than a deadline he previously set of releasing the model by the end of 2025 (Theo Wayt/The Information)
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Internal memo: Meta plans to assess employees on their "AI-driven impact", which will be a "core expectation" of their performance from 2026 (Jyoti Mann/Business Insider)
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Microsoft signs a deal with a legal advocacy group to resolve claims it denied discounts to conservative religious nonprofits; OpenAI and Asana also made deals (Jeff Green/Bloomberg)
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JPMorgan Chase secures deals with fintech middlemen, like Plaid, covering 95%+ of third-party data pulls, and will receive payment for access to customer data (Hugh Son/CNBC)
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WH national security memo: Alibaba provides tech support for China military's "operations" against targets in the US; Alibaba says it is "complete nonsense" (Demetri Sevastopulo/Financial Times)
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