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October 28, 2025, 9:50 AM
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| Bret Taylor / OpenAI: |
OpenAI says it has “completed our recapitalization”, the OpenAI Foundation now has equity valued at ~$130B, and it continues to control the OpenAI for-profit — OpenAI has completed its recapitalization, simplifying its corporate structure. The nonprofit remains in control …
More: The Verge, Engadget, Business Insider, and CNBC
X: @obadiaalex, @openai, @mmatt14, @danprimack, @openai, @aiko_qstarlabs, @kevinweil, and @ednewtonrex. Bluesky: @rustybrick.com. Forums: r/singularity
| Microsoft: |
Microsoft says it supports the OpenAI board moving to form a public benefit corporation and recapitalization, and now holds a ~$135B OpenAI Group PBC investment — Since 2019, Microsoft and OpenAI have shared a vision to advance artificial intelligence responsibly and make its benefits broadly accessible.
More: Financial Times and Wall Street Journal
| Bloomberg: |
Amazon says it will cut ~14,000 jobs from its corporate workforce, after cutting 27,000 across 2022 and 2023; the company had 1.55M employees globally in June — Amazon.com Inc. plans to eliminate roughly 14,000 corporate jobs just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company's workforce.
More: About Amazon, CNBC, Bloomberg, Wall Street Journal, Business Insider, The Verge, The Information, GeekWire, Washington Post, Quartz, Investor's Business Daily, The Register, Al Jazeera, Le Monde, Inc, Computerworld, Engadget, Axios, Telegraph, GeekWire, The Wrap, UPI, Reuters, New York Times, Reuters, The Indian Express, WPXI-TV, Fast Company, MediaPost, ITPro, iPhone in Canada, Blockonomi, The Week, NBC News, Bloomberg Law, israelhayom.com, Variety, The Independent, CNN, Financial Times, Hindustan Times, CNBC, Hürriyet Daily News, Daily Sabah, Mirror, WinBuzzer, Lawyer Monthly, Oregonian, The Economic Times, RTÉ, Fox Business, The Guardian, Nairametrics, Tech Times, Mashable, Newser, Reuters, CNN, SiliconANGLE, Spyglass, and CBS News
X: @buccocapital, @jason, @chamath, and @mgsiegler
Bluesky: @garethwatkins, @karlbode.com, @anildash.com, @peark.es, @callyson, @lschmeiser, @breakify, and @carnage4life. Mastodon: @nixCraft@mastodon.social
Forums: r/antiwork and r/inthenews
| Washington Post: |
Grokipedia, a Grok-based encyclopedia, launches with 885K+ articles, drawing from Wikipedia content; Elon Musk called it “a massive improvement” over Wikipedia — The right-leaning tech magnate is touting his own online encyclopedia as an unbiased alternative, but it went down after about an hour.
More: Grokipedia, Wired, The Hans India, PYMNTS.com, The Guardian, The Economic Times, New York Times, Gizmodo, CNBC, Engadget, People, TheStreet, Implicator.ai, Straight Arrow News, Newser, ZeroHedge News, NDTV Profit, BMI, Digit, France 24, NewsMax.com, Gizchina, Livemint, The Overspill, Cointelegraph, WinBuzzer, The Indian Express, Digital Trends, Moneycontrol, Daily Sabah, Business Standard, The Commune, Axios, and Business Insider
X: @elonmusk, @elonmusk, @elonmusk, @elonmusk, @cb_doge, @quantian1, @grummz, @chamath, @thomasslabbers, @harrisonstephen, @basedbeffjezos, @luismbat, @elonmusk, @garymarcus, @stevesi, @garymarcus, @garymarcus, @amxfreeze, @lsanger, @grummz, @kettlebelldan, @samsheffer, @chamath, @mfnrich, @basil_tgmd, @eevblog, @brianroemmele, @waytoomuchbeer, and @ramintahbaz
Bluesky: @seanhollister, @jwharris, @cuthrell.com, @justinhendrix, @davidingram, @rmac, @nerdjpg.com, @rmac, @rmac, @niedermeyer.online, @milesklee, and @jeremyfcohen
Mastodon: @AkaSci@fosstodon.org, @ricmac@mastodon.social, and @nixCraft@mastodon.social
Forums: r/inthenews, r/skeptic, r/DePi, r/technology, and r/wikipedia
| Jay Peters / The Verge: |
xAI's Grokipedia says Grok fact-checked its entries and some “content is adapted from Wikipedia”; some pages, like the PS5's, are almost identical to Wikipedia — Some of Grokipedia's pages say that content is ‘adapted’ from Wikipedia.
More: Forbes, Thurrott, Time, NBC News, Raw Story, Digit, NDTV Profit, and The Economic Times
X: @cherthedev. Bluesky: @karlbode.com, @karlbode.com, @ianpatterson.com, @karlbode.com, and @chrisdeleon
| Jess Weatherbed / The Verge: |
At its Adobe Max event, Adobe unveils AI tools for Photoshop, Premiere Pro, and Lightroom, and says Firefly Image 5 can generate images in native 4MP resolution — Adobe's Creative Cloud and Firefly apps are adding new ways to do labor-intensive photo and video editing tasks for you.| Jacob Roach / Wired: |
More: The Verge, The Verge, TechCrunch, Reuters, Axios, Engadget, AppleInsider, TechCrunch, Hindustan Times, The AI Economy, and BGR
| Bloomberg: |
A profile of Substrate, which uses particle acceleration to handle lithography, claiming to solve one of tech's toughest problems, and aims to compete with ASML — A secretive American startup has emerged with aspirations to challenge two titans of the semiconductor industry: ASML Holding NV and Taiwan Semiconductor Manufacturing Co.| Steven Adler / New York Times: |
An ex-OpenAI staffer of four years says it isn't doing enough to protect users, especially those with mental health issues, and needs to offer more than words — I've read more smut at work than you can possibly imagine, all of it while working at OpenAI. — Back in the spring of 2021 …
More: Implicator.ai, Business Insider, The Indian Express, The Guardian, NDTV Profit, The Economic Times, Forbes, SiliconANGLE, and Platformer
Bluesky: @justinhendrix and @annmlipton
Forums: r/technews and r/technology
| OpenAI: |
More: Wired, TechCrunch, Newser, The Decoder, Neowin, WinBuzzer, Livemint, Gizmodo, Digital Trends, and WebProNews
X: @openai, @8teapi, @joheidecke, @joheidecke, @joheidecke, @joheidecke, @indianidle, @marvinvonhagen, and @fidjissimo. LinkedIn: Andrea V.
Bluesky: @case.cryptoanarchy.network, @emollick, @poppyhaze, @seldo.com, @folletto, @viacristiano, @fluxinflux, @fluxinflux, @damonberes.com, @edithcharles, @lizzieohreally, @benecal, and @brbarrett
Mastodon: @remixtures@tldr.nettime.org and @rmondello@hachyderm.io
| Hugh Son / CNBC: |
PayPal CEO Alex Chriss says the company signed a deal with OpenAI to let shoppers use PayPal's digital wallet in ChatGPT to pay for items, starting in 2026 — PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through … | Alicia Park / Forbes: |
ConductorOne, which helps address identity cybersecurity risks for human and AI staff, raised a $79M Series B led by Greycroft, sources say at a $350M valuation — As identity-related cyberattacks increase, ConductorOne has raised $79 million to make sure employees — human or not — can securely access the work apps they need.| Natalie Kainz / NBC News: |
An analysis of 30+ US data center proposals in 14 states: in most cases, local officials signed NDAs and worked with apparent shell companies to hide details — Big Tech companies use secrecy agreements with local governments to keep communities from knowing who is building in their backyards.
Bluesky: @justinhendrix
| Financial Times: |
Visible Alpha: Apple's Services unit revenue is set to hit $108.6B in the year to September, its first time above $100B and up 13% YoY, ahead of its Q4 results — Tech giant's high-margin unit has doubled in size over the past five years — Apple is set to top $100bn in annual revenues … | Jonathan Stempel / Reuters: |
A US judge decertifies a class action that accused Apple of monopolizing the market for iPhone apps, citing errors in the plaintiffs' damages model — - Judge reverses February 2024 class certification — Apple monopolization said to result in higher prices — Disappointed plaintiffs to review next steps, lawyer says
More: MacRumors, PYMNTS.com, Benzinga, COINOTAG NEWS, Silicon UK, AppleInsider, 9to5Mac, and Bloomberg Law
| Asa Fitch / Wall Street Journal: |
A look at Anthropic's success in corporate AI, which makes up ~80% of its revenue; a July report put its enterprise API market share at 32%, above OpenAI's 25% — Anthropic, backed by Amazon and Google, is focusing on corporate customers rather than the mass market
More: Tom's Guide and Tech in Asia
X: @garymarcus, @_valsai, @muh_saad0, @itsonolo, @itakgol, @garrisonlovely, @gethackteam, @notadrianmadame, @oscarle_x, @doctoryev, @zenul_abidin, @dogancanbaris, @nathanbenaich, @ai_for_success, @timdodaro2, @peterwildeford, @kuittinenpetri, @david_logger, @thenohtus, @chachangfan, and @stefanfschubert. LinkedIn: Matt Murphy. Bluesky: @jessefelder. Forums: Slashdot
| Webb Wright / ZDNET: |
More: Anthropic, Implicator.ai, VentureBeat, Windows Report, WinBuzzer, Neowin, The Rundown AI, TestingCatalog, Analytics India Magazine, Finextra, and PYMNTS.com
X: @anthropicai, @ambricken, @loganmbrand, @alexalbert__, @_arohan_, @danshipper, @vitaliychiley, @kimmonismus, and @anthropicai
Forums: r/artificial and r/singularity
| Faseeh Mangi / Bloomberg: |
Stablecoin startup ZAR raised $12.9M led by a16z to test USD-backed coins for Pakistan, which the World Bank estimates has the third-largest unbanked population — Andreessen Horowitz is leading funding for a year-old startup that seeks to popularize the use of stablecoins through neighborhood stores …
More: Cointelegraph and The Crypto Times
| Emma Roth / The Verge: |
After AWS's major outage, Signal's Meredith Whittaker says there “isn't really another choice” but to use AWS and “the entire stack” is “owned by 3-4 players” — Meredith Whittaker is using the AWS outage as an opportunity to highlight the 'concentration …
Bluesky: @meredithmeredith, @meredithmeredith, @meredithmeredith, and @meredithmeredith
Forums: r/cybersecurity, r/privacy, and r/signal
| CNBC: |
Appfigures: between September 30 and October 18, OpenAI's Sora had 2.6M iOS downloads, above the Meta AI app, which had 1.1M; Sora is iOS- and invite-only — Meta's AI app has seen a major jolt in downloads since launching its Vibes feed of AI-generated videos, giving investors a glimpse … | 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.| Anna Irrera / Bloomberg: |
Circle launches the test version of its Arc blockchain, with Goldman, BlackRock, Apollo, Anthropic, Intercontinental Exchange, and others set to trial it — Stablecoin issuer Circle Internet Group Inc. has launched the test version of its Arc blockchain, with companies including Goldman Sachs Group Inc …
More: CoinDesk, Decrypt, The Block, Circle Internet Group, Inc., Yahoo Finance, Cointelegraph, and crypto.news
| Michael J. de la Merced / New York Times: |
Livestream marketplace Whatnot raised $225M at an $11.5B valuation, after raising $265M at a $4.97B valuation in January, taking its total funding to $968M — The start-up is among the biggest names in a fast-growing part of e-commerce that is effectively a kind of QVC for the TikTok era.Sponsor Posts
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Why eIDAS 2.0 might be the EU's boldest digital move yet — eIDAS: The first building block of digital trust More than a decade ago, the EU introduced the eIDAS regulation (Regulation [EU] No 910/2014) …
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