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October 25, 2025, 10:35 PM
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memeorandum
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| Aigerim Turgunbaeva / Reuters: |
Kyrgyzstan launches a national stablecoin and a CBDC in partnership with Binance; CZ says a national cryptocurrency reserve includes Binance's BNB token — Kyrgyzstan has launched a national stablecoin and a central bank digital currency in partnership with cryptocurrency exchange Binance, President Sadyr Japarov said on Saturday.
More: CoinDesk, 24.kg, Cointelegraph, Bitcoin Insider, The Block, CryptoNinjas, Modern Diplomacy, CoinGape, Coinpedia Fintech News, and Bitcoinist.com
X: @cz_binance, @cz_binance, and @realyanxin
| Bloomberg: |
How Changpeng Zhao's pardon frees him to refocus on reclaiming ground in the US market, where Binance.US only has a 0.75% share of bitcoin trading volume — Hours after receiving a pardon from President Donald Trump, Binance Holdings Ltd.'s billionaire co-founder Changpeng Zhao issued a thank …
More: crypto.news, NewsBTC, Politico, The Coin Republic, Inside Bitcoins, Cointelegraph, U.S. House Committee …, Bitcoin Insider, Unchained, CoinDesk, Benzinga, and Watcher Guru
X: @cz_binance and @namdar
| The Information: |
Sources: OpenAI is developing AI tools to generate music from text and audio prompts, including capabilities such as adding guitar accompaniment to vocal tracks — OpenAI recently made a splash with artificial intelligence that generates short videos from text prompts—say, a scene from …
More: TechCrunch, The Decoder, Digital Trends, and WinBuzzer
X: @cleanzmedia, @ideafaktory, @_mrosenfield, @xinsidercrypto, @nearcyan, @tegmark, @yoemsri, @herbiebradley, @mpawlo, @andrewcurran_, @deryatr_, @vraserx, @_simonsmith, @thisismarkpaul, @synthwavedd, @kimmonismus, @jasonbotterill3, @obie, @doomslide, @cgoodman308, @btibor91, and @rileybrown_ai
Bluesky: @jtbutthead, @justincoke, @edzitron.com, @veryrecent1, @paulwaldman, and @wowbaggert. Forums: r/singularity
| Will Oremus / Washington Post: |
A profile of Wikipedia co-founder Larry Sanger, who left in 2002 and whose claims that Wikipedia has a liberal bias are fueling the right's campaign against it — Larry Sanger's long-standing claims of liberal bias and mismanagement at the world's dominant online encyclopedia are being enthusiastically embraced on the right.| Valida Pau / The Information: |
Sources: AI chip startup SambaNova is exploring a sale after it struggled to complete a fundraising round; SambaNova was last valued at $5B in 2021 — Artificial intelligence chip startup SambaNova Systems is exploring a sale, after it struggled to complete a fundraising round, according to people with direct knowledge of the matter.| Alex Scott / Chemical & Engineering News: |
Glasgow-based Chemify, which combines AI with robotics and chemistry to rapidly make novel molecules for pharmaceutical companies, raised a $50M Series B — Scottish firm will use the cash to advance its AI platform and robotics system to rapidly make novel molecules
More: Business Wire, Silicon Canals, UK Tech Investment News, Pulse 2.0, and Unite.AI
X: @kiranshaw, @andrewe_dunn, @wing_vc, and @kiranshaw
LinkedIn: Chemify Limited, Scottish Enterprise, Jamie Macfarlane, and Andrew Dunn
| RT Watson / The Block: |
Pave Bank, which lets businesses manage both fiat and digital assets in real time, raised a $39M Series A led by Accel, with Tether and others participating — - Pave Bank raised $39 million in a Series A funding round led by Accel, with participation from Tether Investments, Wintermute, and others.
More: The Economic Times, DealStreetAsia, Entrepreneur, Forbes, Tech in Asia, FinTech Global, TNGlobal, FinTech Global, and NewsBTC
X: @simonvc and @accel_india
| CTech: |
Crypto infrastructure provider Fireblocks acquires Dynamic, which streamlines crypto wallet setup, authentication, and onboarding for 50M+ accounts, for ~$90M — The Israeli digital asset firm, valued at $8 billion, broadens its platform amid industry-wide stablecoin momentum.
More: CoinDesk, Fireblocks, The Block, Cointelegraph, FinTech Global, Bloomberg, Tech in Asia, Globes, and FinTech Global. LinkedIn: Itay Frishman
| Forbes: |
A look at AI startups aiming to address loneliness among the elderly; a study predicts the AI market for aging and elderly care will grow to over $43B in 2025 — The AI boom has brought with it a new crop of startups looking to build a business on an urgent but vaguely dystopian idea: solving loneliness among the elderly.
LinkedIn: Jessi Gormezano, Krzysztof Ostrowski, Rashi Shrivastava, Forbes, and Richard Nieva
Bluesky: @derscheid, @kathleen.loadingreadyrun.com, @realjmw, @ndrew, @eotimpulse, @alexarrelia, @rovaz, @jarjarfan69, @tbiguy, @dulanyw, @edzitron.com, @guillotineshout, @dixonij, and @andrewmceo. Mastodon: @metin@graphics.social
| Reuters: |
Xiaomi says surging memory chip prices have raised the cost of making smartphones, after pricing of its new Redmi K90 series disappointed Chinese consumers — Chinese smartphone manufacturer Xiaomi (1810.HK) on Friday said surging memory chip prices have raised the cost of making handsets …
More: Tom's Hardware, MarketWatch, Benzinga, Moneycontrol, Gizchina, and Xiaomiui.Net
| Bloomberg Law: |
President Trump picks Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push — President Donald Trump has picked Michael Selig to chair the Commodity Futures Trading Commission, according to an administration official, who asked not to be identified discussing personnel matters.
More: CoinGape, NewsBTC, DL News, Coinspeaker, Cryptonews, Bitcoin Insider, Coinpedia Fintech News, BeInCrypto, Cointelegraph, Decrypt, Blockonomi, Bitcoin Magazine, Reuters, Blockworks, The Block, and Crypto Briefing
X: @cdixon, @billhughesdc, @xethalis, @xethalis, @xethalis, @xethalis, @xethalis, @milesjennings, @perkinscr97, @rleshner, @digitalchamber, @0xfoobar, and @jacobrobinsonjd. LinkedIn: Carl Kennedy
| Natalie Lung / Bloomberg: |
Grab is investing an undisclosed amount in May Mobility as part of a multiyear deal, which includes bringing robotaxis to Southeast Asia as soon as 2026 — Grab Holdings Ltd., Southeast Asia's largest ride-hailing and delivery company, is backing driverless technology developer May Mobility Inc …
More: Automotive World, May Mobility, CleanTechnica, PhocusWire, and Austin American-Statesman. LinkedIn: Tom Tang
| Bloomberg: |
Sources: PayPal to take over Carlyle's stake in Shopware, a German provider of e-commerce tools to merchants, with PayPal's stake increasing to ~41% from ~11% — PayPal Holdings Inc. is taking over a stake in German digital commerce company Shopware AG from a Carlyle Group Inc. fund, according to people with knowledge of the matter.
More: PYMNTS.com
| Junko Fujita / Reuters: |
Shares of Japanese optical fiber maker Fujikura are up ~171% YTD, outpacing the Nikkei's 22% and lifting its market cap to $33B+ amid the AI data center boom — - Shares in optical fibre maker up 160% since start of 2025 — Founded in 1885, Fujikura started out making silk and insulated wiresSponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Automate your scheduling workflows with Zoho Calendar — Your calendar can do more than schedule meetings Creating a calendar event takes only a few seconds. But scheduling is rarely just about creating the event.
Automate your scheduling workflows with Zoho Calendar — Your calendar can do more than schedule meetings Creating a calendar event takes only a few seconds. But scheduling is rarely just about creating the event.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Lenny's Podcast:
90 minutes of unfiltered product advice from Snap and Discord's product chief | Peter Sellis
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
AI Doom Backlash Arrives, Anthropic & OpenAI IPO Outlook, Frontier Business Momentum Slows
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
AI Wants to Shop for You. What Could Go Wrong?
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Michael Moritz - Lessons From 40 Years of Investing and Writing
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Sources:
Baseten's CEO on why every company will want to own its AI
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Training Data:
Box's Aaron Levie: On Reinventing Yourself in the AI Age and Enterprise Diffusion
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
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