Techmeme
October 5, 2025, 6:50 AM

Top News

Pak Yiu / Nikkei Asia:
PitchBook: VC investment in Asia slowed to $48.9B in the first nine months of 2025, just over half of 2024's total, amid uncertainty due to US tariff policies  —  NEW YORK — Asian venture capital dealmaking has slowed down so far this year, as the region faces liquidity shortages …
Kinling Lo / Rest of World:
How Ordos, a coal-rich northern Chinese city, has become a testing ground for self-driving trucks after turning into a ghost town due to 2012's coal price crash  —  The empty boulevards that once symbolized the mainland's property bust now serve as testing grounds for hundreds of autonomous vehicles.
Carl Franzen / VentureBeat:
Huawei's Zurich Lab unveils SINQ, an open-source quantization method that it claims can reduce LLM memory use by 60-70% without significant quality loss  —  - Dual-Axis Scaling: Instead of using a single scale factor for quantizing a matrix, SINQ uses separate scaling vectors for rows and columns.
Financial Times:
A draft proposal outlines the European Commission's “Apply AI strategy”, which is set to be presented on October 7 and aims to “strengthen EU AI sovereignty”  —  Brussels to unveil plan targeting digital sovereignty as it warns technology can be ‘weaponised’ by geopolitical rivals
@openai:
OpenAI updates GPT-5 Instant to better recognize and support people in distress; ChatGPT will route such sensitive parts of conversations to the model  —  We're updating GPT-5 Instant to better recognize and support people in moments of distress. Sensitive parts of conversations will now route to GPT-5 Instant to quickly provide even more helpful responses. ChatGPT will continue to tell users what model is active when asked.
Nic Carter / Murmurations II:
A look at challenges facing Tether and Circle's stablecoin duopoly, such as intermediaries like exchanges and DeFi protocols exploring their own stablecoins  —  Circle equity is worth $30.5b.  Tether's topco is reportedly raising capital at $500b.  Together, the two stablecoins boast $245b in supply …
John Burn-Murdoch / Financial Times:
GWI: Time spent on social media globally peaked in 2022 and is steadily declining; North America is the exception, with usage up 15% in 2024 compared to Europe  —  As platforms degrade into outrage and slop, users are turning away  —  In years to come, we may well look back on September 2025 …

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Earlier Picks

Olga Kharif / Bloomberg:
John Gruber / Daring Fireball: