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November 3, 2025, 2:25 PM
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Top News

Berber Jin / Wall Street Journal:
OpenAI and AWS sign a seven-year deal in which OpenAI will pay $38B for AI compute, including training its models using Amazon's data centers and using its CPUs  —  Companies' first computing partnership is part of Amazon's efforts to grow its cloud business
MacKenzie Sigalos / CNBC:
As part of its AWS deal, OpenAI says it will immediately begin running workloads on AWS infrastructure, tapping hundreds of thousands of Nvidia's GPUs in the US  —  OpenAI has signed a deal to buy $38 billion worth of capacity from Amazon Web Services, its first contract with the leader …
Tim Bradshaw / Financial Times:
Microsoft says the US now lets it ship the latest Nvidia chips to the UAE, the first company to get a license; Trump made a deal with UAE President MBZ in May  —  Commerce department approval paves way for huge new investment in AI and cloud infrastructure in Middle East
Bloomberg:
Microsoft plans to spend $7.9B+ on data centers, cloud, and employees in the UAE over the next four years, taking its UAE investment to $15.2B from 2023 to 2029  —  Microsoft Corp. said it will spend more than $7.9 billion on data centers, cloud-computing and employees in the United Arab Emirates …
Dina Bass / Bloomberg:
Microsoft signs a five-year, ~$9.7B deal to buy AI compute capacity from Sydney-based IREN, giving Microsoft access to Nvidia's GB300 in IREN's Texas facility  —  Microsoft Corp. has signed a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd., becoming the Australian company's largest customer.
Vince Dioquino / Decrypt:
When asked on 60 Minutes about his pardon of Binance's Changpeng Zhao, President Trump said “I don't know who he is” and “I heard it was a Biden witch hunt”  —  In a rare interview, Trump said he was told Changpeng Zhao was the victim of the Biden administration's “witch hunt” against crypto.
Alexandra Alper / Reuters:
Trump says Nvidia's Blackwell chips would not be available to “other people”; in August, Trump suggested he might allow sales of a scaled-down version to China
Rocket Drew / The Information:
Court docs: in a deposition, Ilya Sutskever discussed conflicts at OpenAI that he sent to board members before Sam Altman's firing, his OpenAI exit, and more  —  Anthropic initially expressed “excitement” about a possible merger with OpenAI two years ago, after OpenAI's board fired CEO Sam Altman …
Lauren Edmonds / Business Insider:
After Elon Musk said on X that Sam Altman “stole a nonprofit”, Altman replied he turned what Musk “left for dead into what should be the largest nonprofit ever”
Jordan Novet / CNBC:
MongoDB CEO Dev Ittycheria is stepping down after 11 years, replaced by Cloudflare President of Product & Engineering Chirantan Desai, effective November 10  —  Database software maker MongoDB said on Monday that CEO Dev Ittycheria is stepping down from the top job after an 11-year run.
Emily Forgash / Bloomberg:
Proofpoint says it has “high confidence” that hackers are working with organized crime groups to infiltrate trucking and freight companies to steal cargo  —  Hackers are infiltrating trucking and freight companies in a scheme to steal and sell cargo shipments …
Stevie Bonifield / The Verge:
Japanese trade association CODA, representing Studio Ghibli, Square Enix and others, demands that OpenAI stop using their copyrighted content to train Sora 2  —  Japanese trade association CODA says Sora 2's opt-out policy may have violated copyright law.
Olga Kharif / Bloomberg:
Hong Kong-based crypto investor and blockchain developer Animoca Brands says it will go public on the Nasdaq via a reverse merger with Currenc Group in 2026  —  Animoca Brands, the Hong Kong-based crypto investor and blockchain developer, plans to go public on the Nasdaq stock exchange through a reverse merger with Currenc Group Inc.
Josh Scott / BetaKit:
Toronto-based quantum computing company Xanadu says it will go public in the US and Canada via a SPAC, in a deal that values the combined business at ~$3.6B  —  Toronto-based quantum computing firm Xanadu has struck a deal to go public by merging with a special purpose acquisition company (SPAC) called Crane Harbor Acquisition Corp.
Jagmeet Singh / TechCrunch:
Indian digital payments company Pine Labs prices its IPO at $2 to $2.5/share, valuing it at $2.9B at the top end of the range, down from a $5B valuation in 2022  —  Pine Labs, an Indian merchant-commerce startup backed by PayPal and Mastercard, is going public this week at a valuation …
Bloomberg:
Xi Jinping joked about security backdoors when presenting South Korean President Lee Jae Myung with two Xiaomi smartphones at APEC, amid the US' Huawei concerns  —  Chinese President Xi Jinping joked about security backdoors while presenting a pair of Xiaomi Corp. smartphones to his South Korean counterpart …
Eli Tan / New York Times:
How Facebook Dating, launched in 2019, has become a surprise hit with 21M+ daily users, vs. Hinge's ~15M, a sign of how Facebook has been reinventing itself  —  Facebook's free dating service has 21 million users, more than the popular dating app Hinge, as the social network reinvents itself.

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This is a Techmeme archive page. It shows how the site appeared at 2:25 PM ET, November 3, 2025.

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From Mediagazer

CNBC:
James Cameron blasts Netflix's proposed acquisition of WBD, in a letter to Senator Mike Lee, calling it “disastrous for the theatrical motion picture business”

James Hibberd / The Hollywood Reporter:
After a backlash, AMC opts out of screening an AI short film during its pre-show, programmed by ad company Screenvision, before feature films

Hanaa' Tameez / Nieman Lab:
Substack announces new tools to help writers use Polymarket data and adds Polymarket to its sponsorship pilot, prompting questions from some journalists

More News

Financial Times:
London is establishing itself as a center for quantitative finance; filings show trading firms XTX, Qube, and Quadrature each made £1B+ revenue in the past year
Salvador Rodriguez / CNBC:
Microsoft AI CEO Mustafa Suleyman says only biological beings are capable of consciousness and “it would be absurd to pursue research” into AI consciousness

Earlier Picks

Steven Levy / Wired:
A profile of Mark Gubrud, who coined the term AGI in a 1997 research paper, which argued that breakthrough technologies will redefine international conflicts
Jowi Morales / Tom's Hardware:
In an interview, Satya Nadella says Microsoft faces a power shortage, but not a compute one, which could leave “chips sitting in inventory that I can't plug in”
Angel Au-Yeung / Wall Street Journal:
A look at Palantir's new four-month “Meritocracy Fellowship” for high school graduates, which offers a path to a full-time Palantir job without a college degree
Anthony Ha / TechCrunch:
Google says it removed its AI model Gemma from AI Studio; in a letter to Google, Senator Blackburn said it fabricated sexual misconduct accusations against her
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