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October 13, 2025, 11:00 AM
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memeorandum
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| Wall Street Journal: |
OpenAI and Broadcom agree to co-develop and deploy 10GW of custom AI chips to run OpenAI's models over four years; sources: the deal is worth multiple billions — The companies plan to deploy 10 gigawatts of custom AI chips over the next four years — OpenAI and Broadcom are working together …
More: Engadget, CNBC, Livemint, Business Insider, Capital Brief, The Information, Reuters, New York Times, Broadcom Inc., Bloomberg Law, Proactive, Benzinga, Dow Jones Newswires, WinBuzzer, Yahoo Finance, Financial Times, Motley Fool, and Barron's Online
X: @patrickmoorhead, @patrickmoorhead, @benbajarin, @gdb, @benbajarin, @marceloplima, @deitaone, @openainewsroom, @kenziesigalos, and @zephyr_z9. Bluesky: @sungkim. Forums: r/wallstreetbets
| Bloomberg: |
CoinGecko: crypto's combined market cap rises 6%+ to hit $4T, recovering from a brutal weekend selloff as President Trump tries to calm US-China trade war fears — Most major cryptocurrencies rebounded from steep losses suffered over a brutal weekend selloff, as President Donald Trump sought … | Emma Roth / The Verge: |
Slack is testing an AI-based version of Slackbot that acts as a personalized assistant, operating via AWS' virtual private cloud, rolling out at the end of 2025 — The revamped Slackbot acts more like an AI companion that can help you create plans, schedule meetings, find files, and more.| Larry Dignan / Constellation Research: |
At Dreamforce 2025, Salesforce unveils Agentforce 360, a unified agentic AI stack to connect humans, AI agents, and more, and positions Slack as an “agentic OS” — Salesforce announced a series of product updates, a process intelligence acquisition and an Agentforce 360 architecture designed … | Connor Hart / Wall Street Journal: |
Salesforce plans to invest $15B in San Francisco over the next five years, including funding an AI Incubator Hub and workforce programs; CRM is down 25% in 2025 — The investment will fund a new AI Incubator Hub and expand workforce-development programs, Salesforce says
More: Reuters, SFGATE, Dow Jones Newswires, Proactive, and Business Wire
| Financial Times: |
The Dutch government takes control of Chinese-owned Dutch chipmaker Nexperia using its Goods Availability Act, a first, to safeguard chip supply for Europe — Move by The Hague escalates frictions between western countries and Beijing over access to high-end technology
More: Government.nl, CNBC, BBC, The Register, DatacenterDynamics, Pekingnology, UPI, South China Morning Post, ZeroHedge News, Euractiv, Reuters, Silicon Canals, and Silicon Republic
X: @zerohedge, @fbermingham, @fbermingham, @naijaflyingdr, @shaunrein, @teortaxestex, @kanthan2030, @ricwe123, @kaiserkuo, @kuittinenpetri, @fbermingham, @fbermingham, @onechancefreedm, @vtchakarova, @nuryvittachi, @dancollins2011, @kanthan2030, @fpgax_, @fbermingham, and @fbermingham
Bluesky: @sensehofstede.nl and @jauntywk
Forums: r/NewsWithJingjing, r/Poldersocialisme, r/europe, and r/technology
| Stephanie Stacey / Financial Times: |
Strava CEO Michael Martin says Strava plans to launch a US IPO; Sensor Tower says Strava has 50M MAUs and users spent $180M+ on Premium in the year to September — CEO Michael Martin targets US IPO to raise capital for deals to keep Strava ahead of rivals including Garmin and Nike| Paul Sandle / Reuters: |
Ofcom fines 4chan £20K under the OSA for failing to provide info on the risk of illegal content; the UK's tech minister says the government “fully backed” Ofcom — Britain said on Monday it had issued U.S. internet forum site 4chan with a 20,000 pound ($26,644) …
More: Ofcom, The Verge, The Record, The Register, Politico, The Independent, UKTN, and BelfastTelegraph.co.uk
| Financial Times: |
Sources: London-based self-driving tech startup Wayve is in early stage talks with Microsoft and SoftBank to raise between $1B and $2B, valuing Wayve at ~$8B — London-based group seeks valuation of $8bn as global investors snap up deals with fast-growing AI start-ups
More: Reuters, Sifted, Implicator.ai, and Dow Jones Newswires
| Eshe Nelson / New York Times: |
Joel Mokyr, Philippe Aghion, and Peter Howitt win the Nobel Prize in Economics for their work on how innovation and technological progress helps economic growth — Joel Mokyr, Philippe Aghion and Peter Howitt won the prize for showing how “society must keep an eye on the factors that generate …
More: NPR, Forbes, The Guardian, NobelPrize.org, Reuters, Axios, NobelPrize.org, Financial Times, Reuters, The Indian Express, and Bloomberg
X: @mattyglesias, @patrickc, and @nobelprize
| Alex Traub / New York Times: |
John Searle, known for “the Chinese Room” thought experiment on AI consciousness, died on Sept. 16 at 93; his UCB tenure ended over alleged sexual harassment — His blunt debating and imaginative theorizing about artificial intelligence and the human mind made him a leading scholar.
More: Daily Nous, Colin McGinn, IFLScience, The Guardian, Daily Californian, and The Times
X: @atroyn, @eigenrobot, @teortaxestex, @thatguybg, and @romanyam
| George Hammond / Financial Times: |
OpenAI's multibillion-dollar Nvidia and AMD deals add a new layer to its complicated ownership structure and dilute shareholders, like Microsoft and SoftBank — Microsoft, OpenAI's staff and non-profit arm are due close to 90% of start-up. But Nvidia deal will dilute shareholders
More: ComputerWeekly.com and TechCrunch
| Cynthia B Brumfield / Metacurity: |
Sources: the Trump administration cut 176 CISA jobs last week, as part of laying off 4,000+ US federal workers, and is likely to make further mass CISA layoffs — Scattered Lapsus$ Hunters leaked 5m Qantas, 23m Vietnam Air customers' records, Spanish cops dismantle GXC Team … | Robert Olsen / Forbes: |
New York- and London-based ClaimSorted, which uses AI to help speed up insurance claims and works with 20+ insurers, raised a $13.3M seed led by Atomico — Robert Olsen is a journalist covering transatlantic business news. … The tedious, time-consuming process of settling insurance claims is practically begging for disruption.
More: FinTech Global, EU-Startups, and BusinessCloud
Sponsor Posts
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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
Training Data:
Anthropic's Boris Cherny: Coding's Printing Press Moment
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Big Technology Podcast:
Did Apple Get AI Spending Right?, Microsoft & OpenAI's New Reality, Where's Stargate?
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Grit:
How AIG Is Reinventing Insurance With AI | Peter Zaffino
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Lenny's Podcast:
Why cultivating agency matters more than cultivating skills in the AI era | Max Schoening (Head of Product, Notion)
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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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