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September 13, 2025, 11:35 AM
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| Grace Kay / Business Insider: |
Internal email: xAI lays off hundreds of data annotation team staffers, following a strategic shift to prioritize specialist AI tutors over generalist roles — - The layoffs follow a strategic shift to prioritize specialist AI tutors over generalist roles.
More: The Information, Engadget, Futurism, The Decoder, Reuters, Benzinga, Moneycontrol, Business Standard, Financial Express, The Week, The Hans India, and The Economic Times
Forums: r/programming, r/BetterOffline, and r/EnoughMuskSpam
| Financial Times: |
How Kalshi is shaking up US sports betting, as its board member and CFTC Chair nominee Brian Quintenz takes a permissive stance on sports prediction markets — Kalshi is spearheading a legal battle to expand access to online betting, with support from some in Trump's circle
More: CoinDesk, Cryptonews, Front Office Sports, CNBC, Cointelegraph, MarketWatch, and Bitcoinist.com
| Jaures Yip / CNBC: |
OpenAI unveils Grove, a five-week mentorship program for nascent tech entrepreneurs, hosted in its San Francisco HQ, with ~15 participants in its first cohort — OpenAI on Friday introduced a new program, dubbed the “OpenAI Grove,” for early tech entrepreneurs looking to build with artificial intelligence …
More: OpenAI, The Indian Express, and Analytics India Magazine
| Lauren Goode / Wired: |
Researchers say videos of Charlie Kirk's shooting fall into a policy gap on social media platforms, between allowable “graphic content” and “glorified violence” — Videos of the shooting spread across TikTok, Instagram, and X. Researchers say that in some cases …
More: Washington Post, Fox News, KSTP-TV, The Guardian, The Verge, Winnipeg Free Press, The Week, Semafor, NBC News, The.Ink, Fast Company, CNN, The Intellectualist, Poynter, The Overspill, USA Today, New York Post, and NOTUS
X: @wired. LinkedIn: Mark Little. Bluesky: @vegandroid, @mikeelgan, @passantino, @kylierobison.com, @wired.com, and @zeyiyang
| Christopher Mims / Wall Street Journal: |
IBM is holding its own in the quantum computing race against Google, Microsoft, and others, as they tackle enormous scientific and engineering challenges — IBM is racing Google, Microsoft and a handful of startups to build the world's first viable quantum computer| Bloomberg: |
A profile of Figure CEO Mike Cagney, now a billionaire after Figure's post-IPO surge; he resigned as SoFi's CEO in 2017 after several workplace controversies — It took him a few tries, but Mike Cagney is now a billionaire. — Shares of blockchain-based lender Figure Technology Solutions Inc … | Blake Brittain / Reuters: |
Filing: Samsung agreed to settle a patent lawsuit over wireless tech with Headwater Research following a $279M jury verdict against Samsung earlier in 2025 — Samsung (005930.KS) has agreed to settle a patent lawsuit over wireless communications technology that led to a $279 million jury verdict …
More: Bloomberg Law
| Anissa Gardizy / The Information: |
Source: Nvidia is scaling back DGX Cloud to primarily internal R&D use; DGX Cloud was initially envisioned to compete with major cloud providers like AWS — Nvidia is stepping back from its nascent cloud computing business, which had put it in quasi-competition with Amazon Web Services.| Rebecca Bellan / TechCrunch: |
Shares of transit software company Via closed at $49.51 in their NYSE debut, above the $46 IPO price, giving Via a market cap of ~$3.9B, after raising $492.9M — Investors took a cautious approach to transit software startup Via's IPO on Friday, with shares opening below the company's IPO price …
More: Bloomberg, Bloomberg, CTech, GovTech, MarketWatch, PitchBook, The Crypto Times, Benzinga, Reuters, Benzinga, Travel And Tour World, Tech in Asia, and Bloomberg
| Arasu Kannagi Basil / Reuters: |
Lendbuzz, which uses AI to underwrite auto loans, files for a US IPO and reports H1 2025 revenue up 38% YoY to $172.9M and net income up 98.2% YoY to $11.1M — Lendbuzz's revenue surged 38% in the first half of 2025, the auto loans platform revealed in its U.S. initial public offering paperwork on Friday …
More: Financial Times, CNBC, Boston Business Journal, American Banker, and Bloomberg
| Javier Bastardo / Forbes: |
Downloads of Jack Dorsey-backed Bluetooth P2P messaging app Bitchat spiked to 48K+ in Nepal during recent protests, according to Bitchat developer “callebtc” — The Nepali government blocked access to 26 major social media platforms on September 4, including Facebook, X, YouTube, and Instagram.| Vincent Chow / South China Morning Post: |
Beijing-based AIsphere, the startup behind the AI video generator PixVerse, raised a $60M Series B led by Alibaba, and says PixVerse has 100M+ users globally — AIsphere's PixVerse has over 100 million users globally, more than double the number it had at the start of the year
More: PixVerse on LinkedIn, Pulse 2.0, DealStreetAsia, Tech in Asia, and FinSMEs
| Amit Chowdhry / Pulse 2.0: |
AI video generation startup Higgsfield raised a $50M Series A led by GFT Ventures — Higgsfield.ai, a rapidly growing company specializing in AI for video creation, has announced the successful close of its $50 million Series A funding round. The investment was led by GFT Ventures and joined …
More: FinSMEs and Yahoo Finance
| Anthony Vecchione / Mobi Health News: |
Copenhagen-based Teton.ai, which offers an AI companion to help nurses monitor patients and improve workflows, raised a $20M Series A led by Plural — The company is on track to be live in 10 U.S. states by the end of 2025. — Global — Copenhagen-based Teton.ai …
More: FinSMEs, Reuters, and HIT Consultant
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