Techmeme
October 27, 2025, 9:00 PM

Top News

Greg Bensinger / Reuters:
Sources: Amazon plans to lay off ~10% of corporate staff, or ~30,000 people, its largest layoffs since 2022, to reduce costs and address pandemic overhiring  —  Amazon (AMZN.O) is planning to cut as many as 30,000 corporate jobs beginning Tuesday, as the company works to pare expenses …
Kif Leswing / CNBC:
Qualcomm unveils two AI inference chips, the AI200, set for 2026, and the AI250, planned for 2027, and says Humain is the first customer; QCOM closes up 11%  —  Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia …
OpenAI:
OpenAI estimates that around 0.07% of ChatGPT users active in a week show “severe mental health symptoms” like mania, and details its safety improvements  —  We worked with more than 170 mental health experts to help ChatGPT more reliably recognize signs of distress, respond with care …
Webb Wright / ZDNET:
Anthropic expands Claude for Financial Services with a beta Claude for Excel integration, additional data connectors, and new pre-built Agent Skills  —  ZDNET's key takeaways  — Anthropic's Claude chatbot just got a suite of finance updates.  — Claude can draft financial reports, access new data, and more.
Jez Corden / Windows Central:
Sources: Microsoft's next Xbox will run Windows, letting users play PlayStation titles on Steam and the full Xbox console library, without a multiplayer paywall  —  The new Xbox platform is said to be a “premium” experience, and now we have some details on what it'll look like.
Marcus Mendes / 9to5Mac:
Meta launches “ghost posts” on Threads, letting users share “unfiltered thoughts” in posts that disappear after 24 hours; replies will appear as a DM  —  Threads is rolling out ghost posts, which get automatically archived after 24 hours.  Here's how it works.
Washington Post:
Grokipedia, a Grok-powered online encyclopedia, launches with over 885K articles; Elon Musk has touted it as a less biased alternative to Wikipedia  —  The right-leaning tech magnate is touting his own online encyclopedia as an unbiased alternative, but it went down after about an hour.  —  just now
Asa Fitch / Wall Street Journal:
A look at Anthropic's success with corporate AI, which makes up ~80% of its revenue; a July report put its enterprise API market share at 32% vs. OpenAI's 25%  —  Anthropic, backed by Amazon and Google, is focusing on corporate customers rather than the mass market
MiniMax:
China's MiniMax releases MiniMax M2, an open-source model optimized for AI agents and coding and priced at $0.30/1M input tokens and $1.20/1M output tokens  —  From Day 1 of our founding, we have been committed to the vision of “Intelligence with Everyone.”
Reuters:
The US forms a $1B partnership with AMD to build two AI supercomputers, Lux and Discovery, accelerating research in fusion energy, drug development, and more  —  - Supercomputers to help harness fusion energy, treat cancer  — Lux supercomputer to come online in six months
Vallari Srivastava / Reuters:
NextEra Energy and Google sign a 25-year power supply deal, which includes restarting the 615MW Duane Arnold nuclear plant in Iowa, shut down in 2020  —  U.S. utility NextEra Energy (NEE.N) and Alphabet's (GOOGL.O) Google have singed a power supply deal, which would help restart the Duane Arnold nuclear plant in Iowa.
Sneha Kumar / Reuters:
Australia sues Microsoft for allegedly misleading ~2.7M Microsoft 365 users into accepting a price hike for Copilot plans while hiding cheaper non-AI options  —  - Microsoft 365 personal plan price increased by 45%  — Cheaper ‘classic’ plan only revealed during cancellation process
Angel Au-Yeung / Wall Street Journal:
AI contractor marketplace Mercor raised a $350M Series C led by Felicis at a $10B valuation, following a $100M Series B at a $2B valuation announced in February  —  Founded in 2023 by three college dropouts, Mercor recruits humans to train chatbots, a new industry gold mine
Toby Sterling / Reuters:
Sources: the Netherlands took control of Nexperia over fears its ex-CEO Zhang Xuezheng was dismantling its European operations and moving production to China  —  The Netherlands' decision to take control of chipmaker Nexperia in September was due to fears the company's former CEO …
Annie Palmer / CNBC:
Filing: iRobot says its last potential buyer withdrew from the process and its financials remain dire, following Amazon abandoning a 2024 bid; IRBT drops 33%+  —  Shares of iRobot plunged 33% on Monday after the company warned its search for a buyer has hit a substantial roadblock and its financial condition remains dire.
Dion Lim / CEO Dinner Insights:
The current AI investment boom will spark a “wildfire” that wipes out some companies, yet bolsters and enables others by unlocking GPUs, energy, and talent  —  AI won't crash—it will burn.  Like every tech cycle, the fire will clear the brush, redistribute talent, and leave infrastructure to power what comes next.
Kai Wu / Sparkline Capital:
Anna Irrera / Bloomberg:
IBM launches Digital Asset Haven, a digital assets platform built with crypto wallet provider Dfns for financial institutions, governments, and companies  —  International Business Machines Corp. is launching a digital assets platform to allow financial institutions, governments and companies …

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