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September 27, 2025, 6:00 PM
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| Eric Newcomer / Newcomer: |
Leaked a16z decks: $25B in net returns since its 2009 founding, including $11.2B in 2021, and 56 unicorn investments in the past 10 years, the most of any firm — The firm has held its $900 million 2012 Fund III at 9.4x net TVPI. — ∙ Paid — Andreessen Horowitz is perhaps …
X: @gkamstra, @jbsdc, @ericnewcomer, @sethbannon, @ericnewcomer, @gkamstra, @iamhenrymascot, @____nanakong, @luke_metro, @doodcapital, @amendandpretend, @brandon_m_kumar, @gthartley, @orenbarzilai, @equityindallas, @wholemarsblog, @ericnewcomer, @daveg, @brentfranson, @oladayo_adenubi, @iamjakestream, @ctjlewis, @dennythedev, and @danielmerja
| Brian Merchant / Blood in the Machine: |
A look at some California tech regulation bills, including one banning AI use in firing or disciplining workers, that await Gov. Newsom's signature or his veto — A guide to the AI and tech bills that have passed the California legislature, and await the governor's signature — or veto.
More: The Verge and Politico
X: @dwaynephillips and @lorenasgonzalez
Bluesky: @conroyforreal, @mustard2025, @stevensantos, @profhilaryallen, @thisbrokenwheel, @gbrockell, and @bcmerchant
| Trishla Ostwal / Adweek: |
Friend, which launched a $129 AI-powered, always-listening necklace, plasters NYC subway with ads in $1M+ campaign that includes over 1,000 platform posters — The OOH ads blanketing all five boroughs deliberately court controversy — The founder of Friend is betting on making enemies.| Arasu Kannagi Basil / Reuters: |
Fermi, a data center real estate investment trust co-founded by former Energy Secretary Rick Perry, aims to raise $550M in a US IPO at a $13.16B valuation — Fermi, co-founded by former U.S. Energy Secretary Rick Perry, is targeting a valuation of up to $13.16 billion in its U.S. initial public offering …
More: NewsMax.com and CounterPunch
X: @marketsbriefing, @ipotweet, @listingtrack, @newsweek, @ips_dc, and @chairmanmeow42. Bluesky: @ketanjoshi.co. Threads: @bloombergbusiness
| Shirin Ghaffary / Bloomberg: |
OpenAI executives working on Stargate say that it costs about $50B to build a data center with roughly 1 GW of capacity, with $35B going toward AI chips — Sam Altman and his partners intend to get creative to cover the growing cost of data centers and chips for AI. But first... Three things to know:| Ben Thompson / Stratechery: |
Why YouTube is key to Google's success in AI, with YouTube's AI enhancements making video content more monetizable than text-based content in Search — Action is happening up-and-down the LLM stack: Nvidia is making deals with Intel, OpenAI is making deals with Oracle, and Nvidia and OpenAI are making deals with each other.
X: @pablomaronas, @howardlindzon, @edconwaysky, and @buccocapital
LinkedIn: Hunter Walk, Carrie Beth Wood, and Greg Bryan. Bluesky: @carnage4life. Mastodon: @carnage4life@mas.to
| Jyoti Mann / Business Insider: |
Leaked Meta internal document shows updated training protocols for its AI chatbot to refuse any prompts involving sexual roleplay with minors — - A leaked Meta document shows how its AI chatbot should respond to child sexual exploitation prompts. — It now says the chatbot should refuse …
| Lee Jung-joo / The Korea Herald: |
A fire at South Korea's National Information Resources Service's data center shut down 647 government IT systems, disrupting services such as postal banking — Covering social issues on Seoul, civil security, climate — A fire at the National Information Resources Service's data center … | Bloomberg: |
Google agrees to guarantee $1.4B of AI computing startup Fluidstack's $3B, 10-year agreement with Cipher Mining and gets the right to buy a 5.4% stake in Cipher — Alphabet Inc.'s Google has agreed to anchor a $3 billion data center contract with Cipher Mining Inc. in the latest tie up between …
More: Cipher Mining Inc., CoinDesk, Blockworks, Disrupt Africa, DatacenterDynamics, Decrypt, CoinMarketCap Academy, Benzinga, Bitcoin Insider, Cryptonews, The Crypto Times, Bitcoinist.com, and Blockhead. LinkedIn: Oma Wilkie
| Lulu Yilun Chen / Bloomberg: |
A profile of Ant International, Ant Group's cross-border payments unit using AI and blockchain for treasury management, which handled $1.1T in cash flow in 2024 — Ant International is using its vast data trove and AI engineering expertise to muscle into the overlooked yet lucrative world of global cash management.| New York Times: |
International Federation of Robotics: Chinese factories installed ~300K new robots in 2024, more than the rest of the world combined; US factories installed 34K — China has embarked on a campaign to use more robots in its factories, transforming its manufacturing industries and becoming the dominant maker.
More: Gizmodo, International Federation of Robotics, IFR International Federation …, Newser, The Robot Report, and Andreessen Horowitz
LinkedIn: Tim Martin, Fredrik Rydén, and Eric Rosenblum
Forums: r/Futurology, r/ADVChina, and r/technology
| Cloudflare: |
Cloudflare combines a new Email Sending feature with Routing into a unified Email Service to let developers send emails from Cloudflare Workers, in private beta — If you are building an application, you rely on email to communicate with your users. You validate their signup … | Brody Ford / Bloomberg: |
Oracle, whose expenses are rising as it begins to fulfill massive cloud infrastructure deals, turned cash flow negative this year for the first time since 1992 — Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world.| Danish Khan / Moneycontrol: |
Sources: Apple is ramping up efforts to source manufacturing machinery in India, essential for making iPhones locally, and is working with around 17 suppliers — Around 17 companies have directly started working with Apple in India for capital equipment and tools over the last 20-24 months and the number is only expected to go upSponsor Posts
Niantic Spatial:
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
ETL tool evaluation checklist: 6 things to look for before you choose — Your data is only as valuable as your ability to move, prepare, and access it efficiently. Choosing the wrong ETL tool can lead to months of rework …
ETL tool evaluation checklist: 6 things to look for before you choose — Your data is only as valuable as your ability to move, prepare, and access it efficiently. Choosing the wrong ETL tool can lead to months of rework …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Anuma:
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.Featured Podcasts
Invest Like the Best:
Paul Tudor Jones - Lessons From 50 Years in Markets
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Cheeky Pint:
What comes after smartphones, with Snap CEO Evan Spiegel
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Lenny's Podcast:
Snapchat CEO: Why distribution has become the most important moat | Evan Spiegel
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Apple After Tim Cook, OpenAI's New Mojo, Meta's Internal Tracking Escapade
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Tim Cook's Legacy + The Future of U.B.I. With Andrew Yang + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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