Techmeme
September 11, 2025, 10:15 PM

Top News

Ina Fried / Axios:
OpenAI and Microsoft say they have signed a non-binding memorandum of understanding for the next phase of their partnership, and are working to finalize terms  —  OpenAI and Microsoft said Thursday they have reached preliminary terms on a revised partnership and are “actively working to finalize” a definitive agreement.
Ashley Capoot / CNBC:
OpenAI says its nonprofit parent will continue to have oversight over the company and will own an equity stake of more than $100B  —  OpenAI on Thursday said its nonprofit parent will continue to have oversight over the company and will own an equity stake of more than $100 billion.
Bloomberg:
Figure's shares closed up 24% at $31.11 in its Nasdaq debut, giving it a ~$6.6B market cap, after the company and some of its backers raised $787.5M in its IPO  —  Shares of Figure Technology Solutions Inc. closed 24% above their IPO price after a listing raising $787.5 million …
Reuters:
Albania appoints an AI bot named Diella as the minister responsible for managing and awarding all public procurement tenders to combat corruption  —  A new minister in Albania charged to handle public procurement will be impervious to bribes, threats, or attempts to curry favour.
Leah Nylen / Bloomberg:
The FTC orders Google, OpenAI, Meta and Instagram, Snap, xAI, and Character.AI to provide information on how their AI chatbots impact children and teens  —  The Federal Trade Commission ordered Alphabet Inc.'s Google, OpenAI Inc., Meta Platforms Inc. and four other makers of artificial intelligence chatbots …
The Information:
OpenAI projects $200B in revenue in 2030, with R&D spending hitting ~45% of that, or ~$90B; R&D costs of Alphabet and others are currently 10%-20% of revenue  —  The most popular consumer internet services usually figure out how to make money even after a decade or more of losses.
Blake Brittain / Reuters:
Encyclopedia Britannica and Merriam-Webster sue Perplexity, alleging that it unlawfully scraped their websites and redirected their traffic to its AI summaries  —  Perplexity AI is the latest artificial intelligence company to be hit with a lawsuit by copyright holders …
Sarah Perez / TechCrunch:
Google plans to shut down Tables, a work-tracking tool and competitor to Airtable, in December and directs users to migrate to Google Sheets or AppSheet  —  Google Tables, a work-tracking tool and competitor to the popular spreadsheet-database hybrid Airtable, is shutting down.
Bloomberg:
Databricks' head of AI, Naveen Rao, is transitioning to an advisory role; source: his next venture will focus on a next-gen computer to address rising AI costs  —  Naveen Rao, the head of artificial intelligence at the $100 billion startup Databricks Inc., is planning to leave his position …
Natalie Lung / Bloomberg:
The US DOJ sues Uber, with its civil rights division alleging that Uber discriminates against people with physical disabilities in violation of federal law  —  Uber Technologies Inc. was sued by the US Justice Department over claims that the ride-sharing giant discriminates against people …
Taylor Soper / GeekWire:
F5 plans to acquire CalypsoAI, which helps companies secure their generative AI infrastructure, for $180M; CalypsoAI raised $43.2M  —  Seattle-based security and application delivery giant F5 will pay $180 million to acquire CalypsoAI, a startup founded in 2018 that helps companies secure their generative AI infrastructure.

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More News

Tim Hardwick / MacRumors:
Financial Times:
Vas Panagiotopoulos / Wired:
Pranav Mukul / The Economic Times:

Earlier Picks

New York Times:
Declan Harty / Politico:
Tim Anderson / The Register:
Jody Godoy / Reuters:
Emma Roth / The Verge:
Terrence O'Brien / The Verge: