Techmeme
November 9, 2025, 9:05 AM

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Magdalena Petrova / CNBC:
Investment in subsea cable projects is expected to reach $13B between 2025 and 2027, almost 2x the amount invested between 2022 and 2024, driven by AI buildout  —  Over 95% of international data and voice call traffic travels through nearly a million miles of underwater communication cables.
Jonathan Burgos / Forbes:
Several of Asia's top tycoons and conglomerates are joining the data center race as tech giants plan $240B in APAC hyperscale expansion over the next five years  —  The buildout of AI infrastructure in the Asia-Pacific is in high gear.  Masayoshi Son and Mukesh Ambani are among the region's wealthiest taking the lead.
Ashley Belanger / Ars Technica:
An interview with Internet Archive founder Brewster Kahle on copyright lawsuits that threatened to bankrupt the nonprofit, fair use, IA's future, AI, and more  —  This month, the Internet Archive's Wayback Machine archived its trillionth webpage, and the nonprofit invited …
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 …
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
Atharva Singh / Reuters:
Swedish investment firm EQT agrees to invest $930M in Douzone Bizon, a South Korea-based provider of ERP and business software to SMBs, for a 37.6% stake  —  Swedish investment firm EQT (EQTAB.ST) said on Friday it would invest about $930 million in South Korea's Douzone Bizon (012510.KS) …
More: Bloomberg
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 …

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