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November 8, 2025, 12:25 PM
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memeorandum
WeSmirchTop News
| 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 … | 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
| 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: Pulse 2.0, VAST Data Blog, 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
Clay:
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Zoho:
Introducing Accessibility Controls in Zoho Vault — At Zoho Vault, we believe in security for everyone. Our commitment to accessibility goes beyond compliance; it's about empowerment.
Introducing Accessibility Controls in Zoho Vault — At Zoho Vault, we believe in security for everyone. Our commitment to accessibility goes beyond compliance; it's about empowerment.
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.
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
Invest Like the Best:
Alex Behring and Daniel Schwartz - Inside 3G Capital
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Grit:
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Lenny's Podcast:
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Big Technology Podcast:
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Hard Fork:
Elon Musk's Mega-Merger + We Test Google's Project Genie + What's Next for Moltbook Creator
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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Special Edition: Key findings from the Microsoft AI Diffusion Report
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.
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