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September 27, 2025, 7:05 PM
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Top News

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 …
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 …
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 …
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.
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.
Maxwell Zeff / TechCrunch:
An interview with California state Senator Scott Wiener on his new AI safety bill SB 53, the bill's scope, his focus on AI safety bills, AI PACs, and more
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 …
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.
X: @wh75017 and @sachi_gkp.  LinkedIn: Chris Zhang.  Bluesky: @commercialsolarguy.com
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.
Jordyn Holman / New York Times:
Q&A with Oura CEO Tom Hale on why many CEOs love its rings, competition from Apple, and more; Oura sold 2.5M rings in 2024 and expects $1B revenue in 2025  —  Oura Health makes a pricey smart ring that busy executives, celebrities and others use to track health measures like their sleep patterns.
More: Men's Health
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.
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:05 PM ET, September 27, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

More News

Reuters:
Swiss microfluidic chip-cooling tech startup Corintis raised a $24M Series A, a source says at a $400M valuation, and announces adding Lip-Bu Tan to its board

Earlier Picks

Dwarkesh Patel / Dwarkesh Podcast:
Q&A with reinforcement learning pioneer Richard Sutton on why LLMs are not the path to achieving human intelligence, world models, continual learning, and more
Kate Whannel / BBC:
The UK unveils plans for a digital ID, which will be required to work in the country, to combat illegal immigration; the ID will be stored on people's phones
Bloomberg:
Meta plans to launch paid, ad-free versions of Instagram and Facebook in the UK, each costing £2.99 per month on the web, and £3.99 on iOS and Android
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