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September 10, 2025, 9:25 PM
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Berber Jin / Wall Street Journal:
Sources: OpenAI signed a contract with Oracle to purchase $300B in computing power, requiring 4.5 gigawatts of capacity, over roughly five years  —  The vast majority of new revenue revealed by Oracle will come from OpenAI deal, sources say  —  OpenAI signed a contract to purchase $300 billion …
Bloomberg:
Klarna's shares closed up 14.55% at $45.82 in its NYSE debut, giving it a $17B+ market value, after the company and some of its backers raised $1.37B in its IPO  —  Klarna Group Plc rose 15% in its trading debut after the company and some of its backers raised $1.37 billion in an initial public offering …
Rafe Rosner-Uddin / Financial Times:
Amazon's Zoox launches its robotaxi service in Las Vegas, letting riders hail its toaster-shaped cars between specific destinations in the city's 4.2-mile Strip  —  The driverless car group launches to the public in challenge to Waymo and Tesla over the future of ride-hailing
Lynn Doan / Bloomberg:
Bending Spoons agrees to acquire Vimeo for $1.38B, in an all-cash deal set to close in Q4, representing a 91% premium; Vimeo will be delisted from exchanges  —  Bending Spoons, one of Europe's largest mobile app developers, has agreed to buy the video platform Vimeo in an all-cash deal valued at about $1.38 billion.
Anders Melin / Bloomberg:
Larry Ellison briefly surpassed Elon Musk to become the world's richest person for the first time on Wednesday after a jump in Oracle shares; ORCL closed up 36%  —  Larry Ellison briefly surpassed Elon Musk to become the world's richest person Wednesday after a jump in Oracle Corp. shares added a record amount to his fortune.
Jay Peters / The Verge:
Apple extends free access to satellite connectivity features for an extra year for iPhone 14 and iPhone 15 owners who activated their device before September 9  —  People on an iPhone 14 or 15 won't have to pay for Apple's satellite messaging until as early as November 2026.
Samantha Subin / CNBC:
Uber plans to add Blade helicopter rides as soon as 2026 via a partnership with electric air taxi maker Joby Aviation, which acquired Blade for $125M in August  —  Uber is tackling a new form of ride sharing: helicopters.  —  The ride hailing company on Wednesday said it will launch Blade helicopter rides …
Emma Roth / The Verge:
Reddit, Yahoo, Medium, Quora, People, O'Reilly, wikiHow, Ziff Davis, and others adopt the Really Simple Licensing (RSL) standard that sets terms for AI scraping  —  Reddit, Yahoo, Quora, and wikiHow are just some of the major brands on board with the RSL Standard.
Terrence O'Brien / The Verge:
Spotify plans to roll out lossless audio at 24-bit/44.1 kHz FLAC to Premium users over the next two months in 50 markets, without needing a pricier subscription  —  Subscribers will be able to enjoy 24-bit / 44.1 kHz FLAC as part of their Premium plan. … It's been a long time coming but Spotify is finally getting lossless audio.
Financial Times:
Quantum startup PsiQuantum raised $1B led by BlackRock, Temasek, and Baillie Gifford at a $7B valuation, up from $3.2B in 2021, for a 1M-qubit computer by 2028  —  PsiQuantum backed by BlackRock, Temasek and Baillie Gifford as investment race intensifies  —  PsiQuantum has raised $1bn …
Ivan Mehta / TechCrunch:
Reddit launches free tools for publishers as part of Reddit Pro, to track article performance and get suggestions on which communities to share their stories in  —  Reddit on Wednesday launched a set of free tools for publishers to track their article performance and receive suggestions …
Jess Weatherbed / The Verge:
Reddit removes subscriber counts from subreddit pages, replacing them with past seven-day metrics to show how many users visited and made how many contributions
Alex Reisner / The Atlantic:
Analysis: 13+ datasets used by tech companies without permission to train AI models contain 15.8M+ YouTube videos from 2M+ channels, including 1M how-to videos  —  Editor's note: This analysis is part of The Atlantic's investigation into how YouTube videos are taken to train AI tools.
The Information:
Sources: Amazon is developing two AR glasses, one codenamed Jayhawk with a color display for consumers, and another codenamed Amelia focused on delivery drivers  —  Amazon is developing a pair of augmented-reality glasses for consumers, say two people with knowledge of the plans.
Jody Godoy / Reuters:
US Senator Ted Cruz introduces a bill that would let AI companies apply for exemptions from federal regulations to help them experiment with new technology  —  - Cruz bill would let AI companies apply for 2-year regulatory exemptions  — Consumer group concerned that White House would control process
Vincent Chow / South China Morning Post:
ByteDance launches Seedream 4.0, an AI image model it claims can beat Google's viral “nano banana” model in prompt adherence, alignment, and aesthetics  —  ByteDance claims that Seedream 4.0 beat Gemini 2.5 Flash Image for image generation and editing on its internal evaluation benchmark
Ben Funk / HotHardware:
Arm launches four Lumex compute subsystem CPU architectures to improve on-device AI on smartphones, PCs, and wearables, and unveils its new Mali G1-Ultra GPU  —  As the smartphone market has matured, the workloads that consumers expect from their tiny in-pocket mobile computers has increased drastically.
Brian Steinberg / Variety:
Amazon and Netflix partner to let advertisers buy Netflix ad inventory via Amazon's demand-side platform, after Amazon signed a similar deal with Disney in June  —  Amazon and Netflix are two of the major competitors in Hollywood's streaming wars, but in at least one instance, they're ready to team up.
Sam Schube / Wall Street Journal:
Interviews with Tim Cook, Apple's VP of industrial design Molly Anderson, and others about the design choices behind iPhone Air, cross-body straps, and more  —  As Apple releases its lightest, leanest iPhone ever, the company explains the thinking behind its ultra-slim design, which has buyers deciding between capacity and chic
The Information:
Source: Perplexity has secured commitments from investors for $200M in new funding at a $20B valuation  —  Perplexity, which runs an artificial intelligence-powered search engine, has secured commitments from investors for $200 million in new funding at a $20 billion valuation, according to a person with knowledge of the matter.
More: Reuters
Katherine Hamilton / Wall Street Journal:
Opendoor names Shopify COO Kaz Nejatian as its CEO, following Carrie Wheeler's ouster, and taps co-founder Keith Rabois as chairman; OPEN jumps 35%+ after hours  —  Kaz Nejatian will help Opendoor incorporate more artificial intelligence into its real estate platform, the company says
Emily Nicolle / Bloomberg:
Kraken opens trading of 60+ tokenized US securities to its EU users, powered by Backed Finance's xStocks; rwa.xyz says tokenized shares' market value is ~$421M  —  Crypto exchange Kraken opened up trading of tokenized US securities to its customers in the European Union, expanding the reach of the nascent asset class.

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From Mediagazer

Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation

Lucas Shaw / Bloomberg:
Sources: ABC extended Jimmy Kimmel's deal until May 2027; the deal was reached months ago, but the announcement was delayed out of respect for Stephen Colbert

Max Tani / Semafor:
Source: OpenAI privately complained to NBC News that the author of a story about OpenAI pressuring nonprofits was backed by a nonprofit involved in the story

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