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November 8, 2025, 12:20 PM
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memeorandum
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| Bloomberg: |
In a letter on October 27, OpenAI asked the Trump administration to expand a 35% Chips Act tax credit to help lower the cost of AI infrastructure — OpenAI has asked the Trump administration to revamp a Chips Act tax credit to help lower the cost of artificial intelligence infrastructure …
More: Runtime, BonTech Labs, Marcus on AI, The Decoder, The Information, SiliconANGLE, Reuters, and OpenAI
X: @ross__hendricks, @dannydayan5, @theaustinlyons, @garymarcus, @sama, @conorsen, @garymarcus, @seawolfcap, @zerohedge, @josephjacks_, @garymarcus, @aphysicist, @deanwball, and @deanwball. Bluesky: @steveschulz
Forums: Hacker News and r/StockMarket
| Mihir Sharma / Bloomberg: |
OpenAI, Alphabet, and Perplexity offering free access to their paid tiers in India suggests the country may be the biggest and safest bet for broad AI adoption — Everyone is looking for the next big AI bet. They're searching for energy-rich places that can run data centers cheaply … | George Steer / Financial Times: |
A look at Dominari Holdings and Yorkville Advisors, two little-known boutique banks that have helped finance the Trump family's flurry of crypto deals this year — Dominari Holdings and Yorkville Advisors are benefiting from close connections with Eric and Donald Trump Jr| Reuters: |
In DeepSeek's first public appearance since R1's success, a senior researcher told a state-run conference he was pessimistic about AI's impact on humanity — - DeepSeek makes first public appearance in almost a year — Company has kept low profile since global breakout in January
More: Implicator.ai
| Financial Times: |
Nasdaq had its worst 5-day run since April, falling 3% for the week as the combined market value of eight most valuable AI-related stocks fell by about $800B — Nasdaq falls 3% over the five-day period as investors worry about sky-high valuations — US companies closely tied …
More: Gizmodo, Fast Company, Times of India, Yahoo Finance, Wall Street Journal, NBC News, Dow Jones Newswires, CNN, Benzinga, and Reuters
| Ashley Carman / Bloomberg: |
Apple Music's growth may be stymied by the lack of a free tier as a funnel; Midia: on a weekly level, 43% of consumers used Spotify and 16% turned to Apple — The service's lack of a free tier might be dimming its prospects with music consumers, particularly in emerging markets — Welcome back to Soundbite.| Brie Wolfson / Colossus: |
An account of working at Cursor for 60 days: a largely in-person culture, few scheduled meetings, aggressive recruiting, heavy internal product testing, more — Sixty days with the AI coding decacorn — Editor's note: This is the first installment in a series of Company Dispatches …
More: Naval, TechRadar, and Search Engine Land
X: @jposhaughnessy, @tommycollison, @ganapathi_97, @unable0_, @kristaletz, @ryolu_, @apartovi, @joincolossus, @patrick_oshag, @zebriez, @dannieherz, @zebriez, @alanaagoyal, and @ajhofmann. LinkedIn: Ben Shoemaker
| Bloomberg: |
A US judge declares a mistrial after a jury couldn't reach a verdict on two brothers charged in 2024 for allegedly stealing $25M in crypto from Ethereum traders — A jury was unable to reach a verdict in the fraud trial of two brothers, both recently graduated from the Massachusetts Institute of Technology …
More: Reuters, Cointelegraph, and Business Insider
| Google Research: |
Google introduces Nested Learning, a new ML approach for continual learning that views models as nested optimization problems to enhance long context processing — Ali Behrouz, Student Researcher, and Vahab Mirrokni, VP and Google Fellow, Google Research — We introduce Nested Learning … | Suzanne Smalley / The Record: |
Unit 42: “commercial grade” spyware called Landfall, likely zero-click, was used in a hacking campaign aimed at Samsung Galaxy phones in the Middle East — Security researchers on Friday revealed the discovery of “commercial grade” spyware used in a 9-month-long hacking campaign aimed …
More: Unit 42, Moneycontrol, Ars Technica, SammyGuru, TechCrunch, Digital Trends, Forbes, CyberScoop, Security Affairs, DataBreachToday.com, BonTech Labs, The Register, The Hacker News, PCMag, and CyberInsider
X: @talbeerysec, @megabeets_, @megabeets_, @megabeets_, @megabeets_, and @unit42_intel. Bluesky: @caffeineislife
Forums: r/netsec and Ars OpenForum
| Bloomberg: |
CoinGecko: crypto market cap falls to $3.5T from October's $4.4T peak, on track to erase its 2025 gains; crypto ETFs had $700M of net outflow over the past week — The stock market didn't crash this week. But after a seven-month spasm of retail-borne speculation, parts of the casino started clearing out.| Krystal Hu / Reuters: |
Vast Data, which develops data storage tools, inks a $1.17B AI deal with CoreWeave; Vast Data, valued at $9.1B in 2023, said it reached $200M ARR by Jan. 2025 — - CoreWeave to use Vast's data storage tools for cloud infrastructure — Vast Data's revenue stream bolstered by new deal
More: VAST Data Blog, Pulse 2.0, The Next Platform, Axios, Tech Funding News, and Verdict. LinkedIn: Oxana Plis
| Euronews: |
Denmark's government has reached a political agreement to ban social media access for anyone under 15, with a possible parental consent exception from age 13 — The proposal would be one of the most sweeping steps yet by a European country to curb social media use among young people.
More: Gizmodo, Associated Press, Engadget, The Economic Times, Newser, The Independent, Courthouse News Service, Reuters, WPXI-TV, The European Conservative, Advanced Television, and Daily Sabah
Forums: r/technology, r/europrivacy, r/europe, and Slashdot
| Juby Babu / Reuters: |
Meta says it will invest $600B in the US infrastructure and jobs by 2028; Zuckerberg told Trump at a September dinner that Meta will spend “at least $600B” — Meta Platforms (META.O) on Friday said it will invest $600 billion in U.S. infrastructure and jobs over the next three years … Sponsor Posts
Google:
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Zoho:
Email fatigue is real: Here's how smart email tools help you regain control — Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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Hard Fork:
Australia Kicks Kids Off Social Media + Is the A.I. Water Issue Fake? + Hard Fork Wrapped
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.
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