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November 6, 2025, 4:10 AM
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Mark Gurman / Bloomberg:
Sources: Apple plans to pay Google about $1B per year for a 1.2T-parameter Gemini model to help power the new Siri, which is on track for next spring  —  Apple Inc. is planning to pay about $1 billion a year for an ultrapowerful 1.2 trillion parameter artificial intelligence model developed …
Berber Jin / Wall Street Journal:
OpenAI CFO Sarah Friar says an “IPO is not on the cards right now”, and that OpenAI hopes the US government might backstop the financing of data center deals  —  Sarah Friar says the AI giant could reach break-even quickly and would like government backstop on data-center investments
OpenAI:
OpenAI says it now has 1M+ business customers globally, with ChatGPT for Work seats up 40% in two months to 7M+ and ChatGPT Enterprise seats up 9x YoY
Annie Palmer / CNBC:
Sens. Mark Warner and Josh Hawley introduce a bipartisan bill that would require companies and US agencies to submit quarterly reports on AI-related job impacts  —  A new bipartisan bill seeks to provide a “clear picture” of how artificial intelligence is affecting the American workforce.
Bloomberg:
Snap announces a deal to distribute Perplexity's search engine to Snapchat users; Perplexity will pay Snap $400M through a combination of cash and equity  —  Snap Inc. shares surged more than 25% in extended trading after the company announced a $400 million partnership with Perplexity AI Inc …
Jonathan Vanian / CNBC:
Snap reports Q3 revenue up 10% YoY to $1.51B, above $1.49B est., DAUs up 8% to 477M, above 476M est., and announces a $500M share buyback; SNAP jumps 23%+
Julian Chokkattu / Wired:
Sandbar unveils the $249+ Stream Ring, an AI-powered smart ring for transcribing audio notes into text via an app, available to preorder, shipping summer 2026  —  A new company called Sandbar has unveiled a smart wearable called Stream Ring, which uses a microphone to record your softly spoken thoughts.
Abner Li / 9to5Google:
Google says Gemini Deep Research can now directly draw on information stored in users' Gmail, Drive, and Chat to create reports  —  After adding PDF support in May, Gemini Deep Research can now directly tap information stored in your Gmail and Google Chat conversations, as well as Google Drive files.
Karissa Bell / Engadget:
Foursquare founder Dennis Crowley's new startup Hopscotch Labs releases BeeBot, which combines AI, audio, and location-based social features, on the App Store  —  BeeBot is an “app for AirPods” that combines AI, audio and location-based social features.  —  Foursquare founder Dennis Crowley …
More: Dennis Crowley.  LinkedIn: Jesse Middleton.  Bluesky: @karissabe.  Threads: @dens, @dens, @dens, and @dens
Ari Levy / CNBC:
Qualcomm reports Q4 revenue up 10% to $11.27B, above $10.79B est., handsets revenue up 14% to $6.96B, and forecasts Q1 revenue above estimates  —  Qualcomm reported fiscal fourth-quarter results on Wednesday that beat analyst estimates on the top and bottom lines.
Isabelle Bousquette / Wall Street Journal:
Quantinuum unveils Helios, a quantum computer with 98 physical qubits, from which it can deliver 48 logical error-corrected qubits, an impressive 2:1 ratio  —  Quantinuum unveils its latest system, Helios, inching the industry toward the day the technology will deliver meaningful commercial value
MacKenzie Sigalos / CNBC:
Robinhood reports Q3 revenue up 100% YoY to $1.27B, vs. $1.19B est., transaction-based revenue up 129% to $730M, vs. $739M est., and net income up 271% to $556M  —  Robinhood beat Wall Street expectations for the third quarter on Wednesday, extending a hot streak that has made it one of the biggest large-cap U.S. tech stocks this year.
Ben Thompson / Stratechery:
The AI boom is driving coordinated innovation in the US as it builds fabs and energy infrastructure that could have lasting value even if the bubble bursts  —  It's funny to remember that a decade ago there were enough people convinced we were in a bubble that I felt compelled to write …
Jake Pearson / ProPublica:
Sources and docs: after Marc Andreessen donated $5M+ to Trump's 2024 campaign, most CFPB probes have stalled, including three into Andreessen-backed companies  —  The Trump administration's gutting of the Consumer Financial Protection Bureau has been good for venture capitalists like Andreessen …
Russell Brandom / TechCrunch:
Microsoft built a simulated marketplace to test hundreds of AI agents, finding that businesses could manipulate agents into buying their products and more  —  On Wednesday, researchers at Microsoft released a new simulation environment designed to test AI agents, along with new research showing …

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This is a Techmeme archive page. It shows how the site appeared at 4:10 AM ET, November 6, 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.

From Mediagazer

Todd Spangler / Variety:
Memo: Skydance offers certain employees a voluntary buyout in a “one-time offer” and moves to a mandatory five-days-per-week in-office policy

Ashley Carman / Bloomberg:
Netflix hires Steve Wilson, who formerly managed partner relations at Apple Podcasts, as a consultant to oversee podcast content acquisition

Etan Vlessing / The Hollywood Reporter:
Lionsgate and Steven Paul's SP Media form a JV to invest in new businesses and indie film production; a source says Paul is leading an investment of ~$100M

More News

Earlier Picks

Rick Porter / The Hollywood Reporter:
Netflix rolls out a new ad metric called monthly active viewers, or MAV, and says it has 190M such viewers across the 12 countries where it offers an ad tier
Ash Parrish / The Verge:
Sony rolls out PlayStation Portal cloud streaming, letting PlayStation Premium Plus members stream select titles without a PS5 connection, in testing since 2024
Abner Li / 9to5Google:
Google says Maps will get Gemini instead of Assistant on Android and iOS, offering a “hands-free, conversational driving experience”, in the “coming weeks”
Nikou Asgari / Financial Times:
Crypto company Ripple raised $500M from Citadel, Fortress, and others at a $40B valuation and says payments made on its platform passed $95B so far in 2025
Reuters:
Sources: the Chinese government issues guidance requiring new data center projects that have received any state funds to only use domestically made AI chips
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