Techmeme
October 26, 2025, 12:40 AM

Top News

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 …
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 …
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
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.
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.
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.
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.
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.

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Featured Podcasts

Training Data:
Simulating Humans at Scale: Simile's Joon Sung Park
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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Invest Like the Best:
Kareem Amin - The Unusual Approach to Company Building
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Grit:
Why 80% of the Fortune 100 Chose Qualtrics | Ryan Smith
Grit explores what it takes to create, build and scale world-class organizations.
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Lenny's Podcast:
The hidden pattern behind successful products | Mark Pincus (founder of Zynga)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
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.
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Earlier Picks

Wall Street Journal:
The Information:
Matt Day / Bloomberg:
Eliza Gkritsi / Politico: