Techmeme
October 5, 2025, 7:50 PM

Top News

Mark Gurman / Bloomberg:
Another look at Apple's executive succession, as it increases the spotlight on hardware chief John Ternus; sources: Apple weighed hiring a senior Meta AI exec  —  Apple is intensifying the spotlight on hardware chief John Ternus as executive succession looms.
Lizette Chapman / Bloomberg:
PitchBook: VCs have invested $192.7B in AI startups so far this year, putting 2025 on track to be the first year when 50%+ of VC funding goes to the AI industry  —  Venture capitalists poured $192.7 billion into AI startups so far this year — setting new global records and putting 2025 …
Financial Times:
Sources: OpenAI and Jony Ive have yet to solve key technical and software issues that could delay the company's palm-sized device, slated for release in 2026  —  ChatGPT maker is working with former Apple design boss to launch a palm-sized personal assistant next year
Luke James / Tom's Hardware:
The AI boom is driving memory and storage shortages that may last a decade; OpenAI's Stargate has deals for 900K DRAM wafers per month, or ~40% of global output  —  Once-cheap SSDs, DRAM, and HDD prices are climbing fast as AI demand and constrained supply converge to create the tightest market in years.
Anna Heim / TechCrunch:
Polars, the Amsterdam-based startup behind the popular open-source library for data manipulation of the same name, raised a €18M Series A led by Accel  —  Polars, the Amsterdam-based company behind the popular open source project of the same name, has raised €18 million …
Jessica Golden / CNBC:
Scorability, a college sports recruiting marketplace for athletes and coaches, raised $40M led by Bluestone Equity Partners, bringing its total funding to $51M  —  Sports tech platform Scorability has raised $40 million in fresh funding as the company looks to modernize college sports recruiting, the company announced on Tuesday.
Chase DiFeliciantonio / Politico:
Insiders detail negotiations between politicians, tech and AI companies, VCs, and others over California's SB 53, the first-in-the-nation AI safety law  —  The process also highlighted the stakes for the top Democrats involved: Newsom, a likely 2028 presidential contender, and the bill's author …
More: TechCrunch
Financial Times:
An interview with DoorDash CEO Tony Xu on the company's £2.9B acquisition of Deliveroo, which closed on Oct. 2, to bolster its plans to expand abroad, and more  —  Tony Xu says bar is high for deals as M&A is ‘mostly littered with failure’  —  DoorDash chief executive Tony Xu first met Will Shu …

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