Techmeme
November 3, 2025, 1:15 PM

Top News

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.
Berber Jin / Wall Street Journal:
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 …
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:
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:
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 …
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 …
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.
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  —  Microsoft AI chief Mustafa Suleyman says only biological beings are capable of consciousness, and that developers …
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.
Rob Golum / Bloomberg:
Crypto.com strikes a deal with Hollywood.com to let users make predictions related to movies, actors, shows, and awards  —  Digital asset exchange Crypto.com struck a deal with the entertainment website Hollywood.com to offer wagering on events like movies and awards.
More: Crypto.com
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.
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  —  Everyone is obsessed with artificial general intelligence—the stage when AI can match all feats of human cognition.
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 …

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
Agentic AI in data & analytics: The next evolution of business intelligence  —  In a recent conversation, Clarence Rozario, Business Head - Zoho BI Suite, joined Ravit Jain on The Ravit Show to discuss how Agentic AI …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
Netflix CPTO on AI and the future of product and tech roles | Elizabeth Stone
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Kimi K3 & AI's Price War, What Happened To Google?, OpenAI's Partner Trouble
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Great Chat:
Never follow your heroes (on X)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Hard Fork:
The A.I. Trade Secrets War + Economists Say 'We Must Act Now' + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Upstarts Podcast:
Pigment's Eléonore Crespo: Building France's Next Unicorn With AI Agents And Tom Cruise
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:15 PM ET, November 3, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Matthew Gault / 404 Media:

Earlier Picks

Jowi Morales / Tom's Hardware:
Angel Au-Yeung / Wall Street Journal:
Anthony Ha / TechCrunch: