Techmeme
September 28, 2025, 12:45 AM

Top News

Lee Jung-joo / The Korea Herald:
South Korea confirms that a fire at National Information Resources Service's data center, housing 647 government IT systems, directly damaged 96 of them  —  Covering social issues on Seoul, civil security, climate  —  The Ministry of Interior and Safety said Sunday that recovery work …
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 …
Wall Street Journal:
A look at the setbacks facing the US DOD's Replicator program that seeks to quickly produce low-cost drones and other autonomous weapons to counter China  —  The work is being shifted to a new organization, called DAWG, to accelerate plans to buy thousands of drones
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 …
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.
More: Nikkei Asia.  X: @wh75017 and @sachi_gkp.  LinkedIn: Chris Zhang.  Bluesky: @commercialsolarguy.com
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
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.
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.
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  —  Hello friends, fam, and luddites -  —  Speaking of luddites, I was completely and pleasantly surprised to see the last post blow up.
Maxwell Zeff / TechCrunch:
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.

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More News

Brody Ford / Bloomberg:
Foster Wong / Bloomberg:

Earlier Picks

Bloomberg: