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Techmeme

Japanese memory chipmaker Kioxia's stock falls 14%+ after a Bain Capital-backed entity sold $2.1B worth of shares at a discount, stoking AI valuation concerns (Bloomberg)

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Q&A with Sportable co-founders Dugald Macdonald and Peter Husemeyer on their sensor-based sports tech that generates data for teams, leagues, and broadcasters (Samuel Agini/Financial Times)

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Some food bloggers warn Google's AI Overviews and AI food pictures are burying their real, tested recipes, setting home cooks up for disaster this Thanksgiving (Bloomberg)

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watchTowr: 80K+ sensitive credentials were found via publicly accessible "Recent Links" pages on online code formatting tools JSONFormatter and CodeBeautify (Bill Toulas/BleepingComputer)

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Pony AI's Hong Kong-listed shares rose 6.7% after it said its Guangzhou operations had broken even per car, as it targets a 3,000+ global robotaxi fleet in 2026 (Linda Lew/Bloomberg)

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Aggressive traders on Robinhood, whose stock has more than tripled in 2025, are central to the company's success, as critics liken the environment to a casino (Hannah Erin Lang/Wall Street Journal)

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As Microsoft accelerates its AI buildout in rural Wisconsin, one community's vocal opposition led the company to withdraw plans for a proposed data center site (Jordan Novet/CNBC)

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MIT and Hugging Face study: the share of downloads of Chinese-made open AI models rose to 17% in the past year, surpassing US developers' 15.8% share, a first (Melissa Heikkilä/Financial Times)

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Charm.io: TikTok Shop reached $10B+ in US sales across 600K creators between January and October, up from $5B YoY; global sales are on par with eBay's (Emmett Lindner/New York Times)

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Foxconn plans to spend another $569M through 2029 to expand its AI server manufacturing site in Mount Pleasant, Wisconsin, adding to $717M invested through 2024 (Joe Schulz/WPR)

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Sources: a new network of super PACs plans to raise ~$50M to counter the Leading the Future super PAC and back candidates who prioritize AI regulations (Theodore Schleifer/New York Times)

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Filing: OpenAI denies liability in a lawsuit alleging ChatGPT gave suicide method information to a 16-year-old who died by suicide, arguing he misused ChatGPT (Angela Yang/NBC News)

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Robinhood plans to launch a futures and derivatives exchange with Susquehanna in 2026 and acquires MIAXdx, which clears and executes derivatives trades (Hannah Erin Lang/Wall Street Journal)

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How an indirect prompt injection can manipulate Google's Antigravity IDE to invoke a malicious browser subagent and exfiltrate data; Google is working on a fix (PromptArmor)

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Nvidia says it is "delighted by Google's success" but "Nvidia is a generation ahead", after a report that Meta could use Google's TPUs in its data centers (Kif Leswing/CNBC)

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Character.AI launches Stories, which lets users create interactive fiction and is the company's "first new format created specifically" for users under 18 (Amanda Silberling/TechCrunch)

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HP reports Q4 revenue up 4% YoY to $14.6B, forecasts FY 2026 profit below est., and plans to cut 4,000-6,000 jobs through FY 2028; HPQ drops 5%+ after hours (Dina Bass/Bloomberg)

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Dell reports Q3 revenue up 11% YoY to $27.01B, vs. $27.13B est., Infrastructure Solutions revenue up 24% to $14.1B, and Client Solutions revenue up 3% to $12.5B (Kif Leswing/CNBC)

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A US judge rules Kalshi's sports-betting contracts are subject to Nevada Gaming Commission enforcement; Kalshi argues they should be regulated only by the CFTC (Lydia Beyoud/Bloomberg)

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Documents: AI music startup Suno has spent $32M on compute power and just $2,000 on data, such as music, to train its model since January 2024 (Kristin Robinson/Billboard)

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Harmonic, an AI math startup co-founded by Vlad Tenev, raised a $120M Series C led by Ribbit at a $1.45B valuation, bringing its total funding to $295M (Krystal Hu/Reuters)

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Warner Music and AI music generator Suno strike a deal, settling previous litigation; Suno will launch licensed AI models and will acquire WMG's Songkick (Murray Stassen/Music Business Worldwide)

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Families of October 7 victims sue Binance and Changpeng Zhao in US federal court, alleging Binance facilitated millions in payments to Hamas after October 7 (Financial Times)

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OpenAI merges ChatGPT's voice mode directly into the main text chat interface by default; users can still switch back to the original, separate voice mode (Zac Hall/9to5Mac)

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Paxos acquires Fordefi, a New York-based startup that helps customers store their digital assets, for $100M+; PitchBook: Fordefi was last valued at $83M (Fortune)

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Q&A with Ilya Sutskever about model jaggedness, why we are moving beyond the "age of scaling", SSI's plan to straight-shot superintelligence, AGI, and more (Dwarkesh Patel/Dwarkesh Podcast)

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We're delighted by Google's success — they've made great advances in AI and we continue to supply to Google. NVIDIA is a generation ahead of the industry — it's the only platform that runs every AI model and does it everywhere computing is done. NVIDIA offers greater (@nvidianewsroom)

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Polymarket says it received an amended US CFTC designation, letting it operate a prediction market in the US with a fully regulated exchange structure (Oliver Knight/CoinDesk)

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Cerrion, which develops AI video agents that detect and resolve production line issues in real time, raised an $18M Series A led by Creandum (Tamara Djurickovic/Tech.eu)

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TikTok names veteran government affairs executive Ziad Ojakli as its head of public policy for the Americas, replacing longtime policy lead Michael Beckerman (Sara Fischer/Axios)

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Kraken launches a Mastercard-powered debit card with 1% cashback and multi-asset spending in the UK and EU as part of a global rollout of its Krak money app (James Hunt/The Block)

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TikTok Shop expands into luxury retail, offering items such as Hermes' $11,000 handbags, primarily sold by secondhand resellers using AI to verify authenticity (Alexandra S. Levine/Bloomberg)

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Japanese chipmaker Rapidus plans to start building a second plant in Hokkaido in fiscal 2027, aiming to make advanced 1.4nm chips as early as 2029 (Nikkei Asia)

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Klarna launches KlarnaUSD, its first stablecoin, running on Stripe and Paradigm's Tempo blockchain, aiming to "reduce costs" in international payments (Pritam Biswas/Reuters)

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China is aggressively deploying AI and robotics to maintain its status as the world's manufacturing hub, and major companies are pioneering AI "dark factories" (Brian Spegele/Wall Street Journal)

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A look at how tech executives use "delay, deny, and deflect" when pressed on user safety and what it means for journalism, as shame loses power over public life (Casey Newton/Platformer)

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X's location tool shows revenue sharing incentivizes US political content from international sock puppet and bot accounts, making polarization a side hustle (Jason Koebler/404 Media)

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South Korea, the EU, the UK, Saudi Arabia, the UAE, and others aim to build "sovereign AI"; Gartner expects $1.5T in AI spending in 2025, up 50% from 2024 (Jiyoung Sohn/Wall Street Journal)

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X exposing political accounts' location shows why trust and safety teams mattered: to combat coordinated inauthentic behavior, not "censorship" of viewpoints (Mike Masnick/Techdirt)

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Alibaba reports Q2 revenue up 5% YoY to ~$35B, vs. ~$34.5B est., Chinese e-commerce revenue up 16% YoY, and net income down to ~$3B, as it boosts cloud spending (Luz Ding/Bloomberg)

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TSMC sues former VP Lo Wen-jen, who left to join Intel, alleging a high likelihood that he leaked secrets to Intel after a two-decade career at TSMC (Debby Wu/Bloomberg)

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Polish antitrust office UOKiK is probing whether Apple's ATT limits third-party data collection in mobile ads while giving Apple's own ads service an advantage (Anna Wlodarczak-Semczuk/Reuters)

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A look at NY's RAISE Act, requiring AI companies to publish safety protocols and disclose serious incidents, as its co-sponsor is targeted by a pro-AI super PAC (Ashley Capoot/CNBC)

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A job listing shows Google is developing a new Android-based "Aluminium OS" that is "built with AI at the core", potentially as a ChromeOS replacement for PCs (Mishaal Rahman/Android Authority)

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India's November 21 labor law grants legal status to millions of gig workers, but their benefits are unclear and access to social security remains elusive (Jagmeet Singh/TechCrunch)

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Internal memo: Amazon asks engineers to use its in-house AI coding assistant Kiro over third-party tools like Cursor, aiming to gather feedback for improvement (Greg Bensinger/Reuters)

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Google is starting to bridge OpenAI's product moat, like with Gemini's "dynamic view" option, which converts a text answer into an interactive, visual output (M.G. Siegler/Spyglass)

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Character.ai is cutting off access to ongoing chats for users under 18 over mental-health concerns, after adding a two-hour daily limit on October 29 (Georgia Wells/Wall Street Journal)

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Investors have pulled $3.5B from US-listed bitcoin ETFs so far in November, almost equaling the previous monthly record for outflows of $3.6B set in February (Bloomberg)

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How Meta's financing structure for its $27B Louisiana data center, which helps it keep debt off its books, hinges on some convenient accounting assumptions (Jonathan Weil/Wall Street Journal)

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