| Jeff Horwitz / Reuters: |
Docs: Meta projected in December 2024 that 10.1% of its 2024 revenue, or $16B, came from ads for scams and banned goods, including ~$7B from “higher risk” ads — Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, documents seen by Reuters show.| Ashley Capoot / CNBC: |
OpenAI CFO Sarah Friar clarifies the startup is not seeking a government “backstop” for its infrastructure deals, saying her use of the word “muddied the point” — OpenAI CFO Sarah Friar said late Wednesday that the artificial intelligence startup is not seeking … | 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 will “backstop” financing of its data center deals — Sarah Friar says the AI giant could reach break-even quickly and would like government backstop on data-center investments| Sharon Goldman / Fortune: |
| Financial Times: |
Jensen Huang warns “China is going to win the AI race”, after the US kept a ban on advanced AI chip sales to China, and says the West is held back by “cynicism” — CEO criticises western ‘cynicism’ while Beijing loosens regulations and cuts energy costs for data centres| Sebastian Herrera / Wall Street Journal: |
Microsoft AI CEO Mustafa Suleyman lays out the company's plans to develop AI self-sufficiency from OpenAI, like releasing its own voice, image, and text models — Tech giant forms team led by AI chief Mustafa Suleyman to build top artificial-intelligence systems and distance itself from longtime partner| Sky News: |
Investigation: X amplifies right-wing and extreme political content in the UK, as Elon Musk endorses fringe right-wing politicians and encourages nationalism — “Elon Musk is a great leader,” says Amy, a British woman outside the Britannia Hotel in London at an anti-immigration rally in August.| Julian Chokkattu / Wired: |
Sandbar unveils Stream Ring, a $249+ AI-powered smart ring that transcribes audio notes into its app, available for preorder now and shipping in 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.| Ben Thompson / Stratechery: |
The AI boom is driving coordinated innovation in the US: new fabs and power generation capacity could produce lasting infrastructure 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 … | Karissa Bell / Engadget: |
Foursquare co-founder Dennis Crowley's new startup Hopscotch Labs debuts 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 … | Jason Schreier / Bloomberg: |
Rockstar says it fired dozens of employees last week for “distributing and discussing confidential information in a public forum”, disputing union allegations — Rockstar Games terminated more than 30 people last week in an action that a labor group called “union-busting.”| Abner Li / 9to5Google: |
Google says Gemini Deep Research can now directly draw on information stored in users' Gmail emails, Drive files, and Chat conversations to generate 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.| Samantha Subin / CNBC: |
Duolingo's stock falls 25%+ after the company said it expects bookings to range between $329.5M and $335.5M this quarter, falling short of a $344.3M estimate — Duolingo's stock cratered 27% on lighter-than-expected guidance as the language learning platform zeroed in on user growth in lieu of near-term monetization.| Kirsty Needham / Reuters: |
Sources and documents: Google plans to build an AI data center on Australia's remote Christmas Island, after signing a cloud deal with its DOD earlier in 2025 — - Plans come after Google, Australian Department of Defence sign cloud deal — Christmas Island increasingly featuring in regional war game scenarios| Ben Bergman / Business Insider: |
Source: Google is in early talks to deepen its strategic investment in Anthropic, which could value the AI startup at $350B+; Google has already invested $3B+ — - The talks come as Anthropic and its main rival, OpenAI, are in a multitrillion-dollar race to dominate AI.| CNBC: |
Google says Ironwood, its seventh-gen TPU, will launch in the coming weeks and is more than 4x faster than its sixth-gen TPU; it comes in a 9,216-chip config — Google is making its most powerful chip yet widely available, the search giant's latest effort to try and win business … | Julia Fanzeres / Bloomberg: |
Research: US companies announced 153,074 job cuts in October 2025, the most for any October since 2003, as AI reshapes industries and cost-cutting accelerates — US companies announced the most job cuts for any October in more than two decades as artificial intelligence reshapes industries … | Bloomberg: |
SpaceX agrees to acquire EchoStar's unpaired AWS-3 licenses for $2.6B in stock, after EchoStar sold AWS-4 and H-block licenses to SpaceX for ~$17B in September — EchoStar Corp. reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk's SpaceX … | Russell Brandom / TechCrunch: |
Microsoft releases a simulated marketplace for testing AI agents alongside research showing businesses can 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 … | Kate O'Keeffe / Bloomberg: |
Sources, public records, and documents detail TuSimple's downfall, after it transferred autonomous driving IP to Chinese partners despite a 2022 CFIUS agreement — American officials thought they'd secured a deal with TuSimple to protect autonomous-driving technology. It didn't work.| Russell Brandom / TechCrunch: |
Inception, which is building diffusion-based AI models for code and text, raised a $50M seed led by Menlo Ventures and releases a new Mercury coding model — With so much money flooding into AI startups, it's a good time to be an AI researcher with an idea to test out.| Annie Palmer / CNBC: |
Senators Mark Warner and Josh Hawley unveil 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.| Aamir Siddiqui / Android Authority: |
Google adds Gemini's Deep Search to Google Finance, which will also have prediction market data from Kalshi and Polymarket for event analysis, first in the US — Deep Search gets you answers to comprehensive questions, while prediction market support will be clutch for future analysis. — •| Sarah Jacob / Bloomberg: |
Nexperia says it suspended wafer supplies to its China factory because the local unit refused to make payments and has ignored global management's instructions — Nexperia suspended supplies to its China factory because the local unit refused to make payments, laying bare the internal discord at the heart of a global chip crisis.| Jaures Yip / CNBC: |
Datadog's stock jumps 15%+ after it reported Q3 revenue up 28% YoY to $885.7M, above $852.8M est., and forecasted Q4 revenue at $912M to $916M, above $877M est. — Datadog shares jumped 20% on Thursday after the software company reported third-quarter revenue that topped Wall Street estimates … | Ashley Belanger / Ars Technica: |
License plate surveillance company Flock Safety faces bipartisan pressure from lawmakers and local organizers over its data handling and cybersecurity practices — Flock Safety—the surveillance company behind the country's largest network of automated license plate readers (ALPRs) … | Chris Metinko / Axios: |
DualBird, which has created a plug-in for rewritable hardware that accelerates data workloads, raised an $8.5M seed and a $16.5M Series A led by Lightspeed — DualBird, which accelerates data workloads, raised $25 million in a combined seed and Series A, co-founders Gilad Tal and Amir Gilad tell Axios Pro.| Krystal Hu / Reuters: |
| Mark Gurman / Bloomberg: |
Sources: Apple is finalizing a deal to pay Google ~$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 … | Julie Bort / TechCrunch: |
Fomo, a consumer crypto trading app, raised a $17M Series A led by Benchmark, taking its total funding to $19M, and reports $20M to $40M in daily trading volume — Paul Erlanger and Se Yong Park, co-founders of consumer crypto trading app Fomo, took an unusual route to raising capital that is paying off for them.
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| Bloomberg: |