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October 26, 2025, 10:40 AM
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memeorandum
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| Mark Gurman / Bloomberg: |
Sources: Apple is working on a vapor chamber for the next iPad Pro in 2027 and plans to start selling ads in its Maps app as early as next year — Apple is working on a vapor chamber to improve cooling and performance in an iPad Pro slated for as early as 2027.
More: MacRumors, AppleInsider, AppleInsider, Livemint, 9to5Mac, 9to5Mac, Cult of Mac, and iClarified
| Alex Heath / Sources: |
Sources: Sam Altman's brain-computer interface startup Merge Labs hires Mikhail Shapiro, who works on noninvasive techniques for neural imaging and control — The hire suggests that Merge is taking a much less invasive approach than Elon Musk's Neuralink. Also: Sources IRL and reactions to yesterday's Snap scoop.
More: The Verge, Livemint, The Indian Express, and Bloomberg
| Francisco Rodrigues / CoinDesk: |
Rumble plans to roll out a bitcoin tipping feature, developed in partnership with Tether, to its 51M creators in December; Tether has invested $775M in Rumble — The feature is developed with Tether and was announced at the Plan ₿ Forum in Lugano, Switzerland.
More: The Block, Cryptonews, Bitcoin Insider, Cointelegraph, and Blockonomi
| Jagmeet Singh / TechCrunch: |
French online carpooling marketplace BlaBlaCar says India now accounts for ~33% of its carpool passengers and expects to reach ~150M passengers globally in 2025 — Every few weekends, 21-year-old student Lavanya Jain opens the BlaBlaCar app to find a lift from Noida on the outskirts … | Bloomberg: |
The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Trump's manufacturing revival plans — Spending on factory construction is down 2.5% so far this year, while that for data centers is up almost 18%.| Jowi Morales / Tom's Hardware: |
Microsoft says its Gaming Copilot feature, which recently hit Windows 11 as a public beta, uses screenshots to understand in-game events, not to train AI models — Microsoft says it isn't using your data to train its AI. … However, one user complained on ResetEra forums …
More: ResetEra, TechRadar, WinBuzzer, XDA Developers, Neowin, Guru3D, TechSpot, TechPowerUp, and Tech4Gamers
| Chris Metinko / Axios: |
Austin-based Roller, a provider of venue management software, raised $50M led by Insight Partners, taking its total funding to over $100M — Roller, a venue management platform developer, raised a $50 million round led by Insight Partners, co-founder and CEO Luke Finn tells Axios Pro.
More: FinSMEs, ROLLER, and Insight Partners
| Christopher Marquis / Forbes: |
Seneca, which is developing autonomous firefighting drones, raised $60M in seed and Series A rounds led by Caffeinated Capital and Convective Capital — Climate change is no longer a remote future threat. Rising temperatures, more extreme weather, and worsening fire seasons …
More: Seneca, The Robot Report, Pulse 2.0, and DroneXL.co
| 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.| 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.| Katrina Bianca Cuaresma / DealStreetAsia: |
Singapore-based wealth management platform Endowus raised $70M+, bringing its total funding to $130M+, and says the new capital will boost its AI advisory tools — Singapore-based wealth management platform Endowus has raised over $70 million in fresh funding to finance expansion and AI-driven capabilities … | 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: @andrewe_dunn, @kiranshaw, @wing_vc, and @kiranshaw
LinkedIn: Chemify Limited, Scottish Enterprise, Jamie Macfarlane, and Andrew Dunn
| 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.| 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: DealStreetAsia, Entrepreneur, Forbes, The Economic Times, Tech in Asia, FinTech Global, TNGlobal, and FinTech Global
X: @simonvc and @accel_india
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