Techmeme: Indian payment startup Pine Labs' stock closed at ~$2.83, up 13.5% from its ~$2.49 IPO price, after a ~$440M IPO earlier this week that was 2x oversubscribed (Soumyajit Saha/Nikkei Asia)

Top News

OpenAI pilots group chats in ChatGPT in Japan, New Zealand, South Korea, and Taiwan, letting up to 20 users create profiles and prompt ChatGPT in a shared space — Collaborate with others, and ChatGPT, in the same conversation. — Try in ChatGPT(opens in a new window)

More: PCMag, TechCrunch, Engadget, PhoneArena, Moneycontrol, Neowin, BGR, Tech Times, Digital Trends, Blockchain.News, and 9to5Mac

X: @parkerortolani, @openai, @dlevine815, @alexeheath, @yuchenj_uw, @alexeheath, and @openai. Mastodon: @carnage4life@mas.to

Madlin Mekelburg / Bloomberg:

A US judge rules that Apple and OpenAI must answer to a lawsuit filed by X and xAI, accusing them of conspiring to thwart competition in emerging markets in AI — Apple Inc. and OpenAI must answer to a lawsuit filed by Elon Musk's X Corp. and xAI accusing the companies of conspiring …

More: Appleosophy, Reuters, PhoneArena, MacTech.com, Livemint, iThinkDifferent, Benzinga, BGR, Digit, Decrypt, iClarified, COINOTAG NEWS, AppleInsider, MacRumors, and MacDailyNews

X: @marionawfal, @reuterslegal, and @business. Bluesky: @realjmw. Forums: MacRumors Forums

OpenAI:

OpenAI adds GPT-5.1 to its API, featuring a “no reasoning” mode and extended prompt caching with up to 24-hour retention for faster responses at a lower cost — Today we're releasing GPT‑5.1 in the API platform, the next model in the GPT‑5 series that balances intelligence …

More: WinBuzzer, ZDNET, Neowin, Blockchain.News, Simon Willison's Weblog, and The Decoder

X: @cb42733859, @flavioad, @laksh_officiall, @openaidevs, @openaidevs, @stevenheidel, @openaidevs, @openaidevs, @sama, and @openaidevs. LinkedIn: Raj Pathak. Forums: Hacker News

Elissa Welle / The Verge:

Mozilla says it is building AI Window, an opt-in Firefox feature that includes an AI assistant and lets users pick their preferred model, but gives few details — You will be able to chat with the browser's AI assistant in the new AI Window. … Another day, another AI browser.

More: The Mozilla Blog, eWeek, Moneycontrol, Axios, The Hans India, Mozilla Connect, Digit, Digital Trends, It's FOSS, Livemint, Business Standard, The Register, Tech in Asia, OMG! Ubuntu, WinBuzzer, Engadget, How-To Geek, and Thurrott

LinkedIn: Ajit Varma and Anthony Enzor-DeMeo

Mastodon: @elilla@transmom.love, @patrick_h_lauke …, and @dtgeek@mastodon.social

Amrith Ramkumar / Wall Street Journal:

Sources: Amazon and Anthropic join Microsoft in backing the GAIN AI Act, which would require US chipmakers to meet local demand before export; Nvidia opposes it — Legislation would give tech leaders preferential access to chips — WASHINGTON—Amazon.com is joining Microsoft …

More: The Decoder, Reuters, Watcher Guru, Tech in Asia, Proactive, TipRanks Financial, WinBuzzer, Livemint, and Benzinga

X: @macromicrome and @wsjtech. Forums: r/StockMarket

Thomas Ricker / The Verge:

Meta plans to launch WhatsApp third-party app integration in Europe “over the coming months”, which is required by the DMA, starting with BirdyChat and Haiket — Coming ‘soon’ with end-to-end encryption enabled. — Meta is on the cusp of launching third-party integration …

More: Meta Newsroom, TechCrunch, Thurrott, Engadget, MacRumors, CyberInsider, Neowin, and Android Central. X: @firstsquawk

Samuel Stolton / Bloomberg:

Google proposes ad tech changes to settle a €2.95B EU antitrust fine, including boosting interoperability across its ad tech services, but still plans to appeal — Google has offered to tweak its ad tech products to settle a European Union order after a near-€3 billion ($3.4 billion) …

More: The Keyword, The Register, Silicon Republic, Associated Press, Le Monde, France 24, Politico, Android Central, Courthouse News Service, Reuters, TipRanks Financial, Android Headlines, Seeking Alpha, Dow Jones Newswires, Ukrainian National News, Proactive, Tech in Asia, and Search Engine Roundtable

See also Mediagazer

Financial Times:

Oracle's stock is down nearly 30% in the past month, more than rivals, reversing $250B+ in market value gains after its OpenAI deals announcement in September — Larry Ellison's software company falls more than rivals over its borrowing and reliance on OpenAI contracts

More: Fortune, CNBC, and Yahoo Finance. Forums: Hacker News

Reuters:

Sources: Samsung raised some memory chip prices by 30% to 60% compared to September, amid shortages, likely adding to stress for companies building data centers — - Samsung hikes prices of server chips by 30% to 60% — Steep price hikes seen adding to stress for data infrastructure firms

More: Tom's Hardware, Benzinga, PhoneArena, and Tech in Asia

The Economic Times:

India officially notifies its first data protection law to establish a framework for data processing, protection, and governance, including verifiable consent — India has officially notified the Digital Personal Data Protection Rules, 2025, establishing a framework for data processing, protection, and governance.

More: Implicator.ai, Analytics India Magazine, MediaNama, Moneycontrol, BMI, The Indian Express, MediaBrief, Fortune India, Inc42 Media, and NDTV Profit

Ashley Capoot / CNBC:

Cursor says it has crossed $1B in annualized revenue, has 300+ employees, and its in-house models “generate more code than almost any other LLMs in the world” — Artificial intelligence startup Cursor on Thursday announced it has closed a $2.3 billion funding round …

More: Cursor, The Daily Upside, Sources, Security Boulevard, Tech Funding News, Pulse 2.0, The Economic Times, Implicator.ai, The Decoder, NextBigWhat, SiliconANGLE, Inc.com, Unite.AI, Observer, Forbes, Crunchbase News, Bloomberg, and Wall Street Journal

LinkedIn: Thiru Subramaniam. Bluesky: @beardywheat

Bloomberg:

Sources: Mira Murati's Thinking Machines Lab is in early talks to raise funding at a ~$50B valuation, more than quadruple from July and could rise to $55B-$60B — Thinking Machines Lab, an artificial intelligence startup founded by former OpenAI executive Mira Murati, is in early talks …

More: Implicator.ai, Tech Funding News, StrictlyVC, The Economic Times, Reuters, Newcomer, and The Information

Bluesky: @timkellogg.me, @caseynewton, and @rswestmore.land. Mastodon: @carnage4life@mas.to

Jiahui Huang / Wall Street Journal:

Waymo partners with Moove and Baidu's ApolloGo partners with Lyft to roll out robotaxis in 2026 in London, the first place Chinese and US robotaxis will compete — Whoever takes the lead in London may get a head start rolling out robotaxis elsewhere — The robotaxi race is on.

More: Semafor, The Verge, Traffic Technology Today, Zacks Investment Research, and The Robot Report

Bloomberg:

Draft plans: the EU is pushing to let markets regulator ESMA oversee all crypto businesses and authorize new ones, shifting oversight from national regulators — The European Union's executive arm is pressing for its markets regulator to get new powers to oversee all crypto businesses operating in the bloc …

More: Cryptonews, Blockonomi, and Coinpedia Fintech News

Bloomberg:

Baidu's stock closed down 7.21% in Hong Kong on November 14 after Ernie 5.0 underwhelmed investors, denting hopes for the company to regain ground lost to peers — Baidu Inc. shares fell by the most in seven months as the newest version of its artificial intelligence model underwhelmed investors …

More: Yahoo Finance, Tech in Asia, Seeking Alpha, and InfoWorld

Trishla Ostwal / Adweek:

CloudX, which uses Anthropic's Claude to automate mobile ad pricing and inventory optimization for publishers, raised a $30M Series A led by Addition — CloudX, a mobile ad startup founded by former adtech executives from MoPub and MAX, raised $30 million in a Series A round of funding.

Logan Hitchcock / Decrypt:

Publicly traded Bitcoin miner Bitfarms says it will wind down its BTC operations and pivot to AI infrastructure, after reporting Q3 net loss up 92% YoY to $46M — Bitcoin miner Bitfarms will end its Bitcoin operations in the coming years, shifting focus to providing infrastructure for growing AI demand.

More: The Block, Pulse 2.0, Cryptonews, Bitcoin Insider, The Crypto Times, crypto.news, Blockonomi, Cointelegraph, and Bloomberg

Bloomberg:

Tether CEO Paolo Ardoino says the company plans to “dramatically” expand its lending to commodities traders after extending ~$1.5B worth of credit to the sector — Stablecoin giant Tether Holdings SA plans to expand “dramatically” in lending to commodities traders …

More: Cryptonews. LinkedIn: Anna Irrera

Tess Bennett / Australian Financial Review:

Australia-based AI infrastructure company Firmus raised AU$500M, or ~$325M, tripling its valuation to AU$6B in two months, after raising AU$330M in September — Artificial intelligence infrastructure start-up Firmus Technologies has tripled its valuation to $6 billion in two months …

More: DatacenterDynamics, Reuters, Bloomberg, Reuters, Firmus, Tech in Asia, Tech Funding News, From transactions to CX, SmartCompany, Capital Brief, and Australian Financial Review. LinkedIn: Firmus Technologies

Ben Thompson / Stratechery:

An interview with Unity CEO Matthew Bromberg on lessons from AOL, the rise of esports, turning around EA's Star Wars: The Old Republic, helping Zynga, and more — An interview with Unity CEO Matthew Bromberg about a career focused on turnarounds, from EA's KOTR to Zynga and now to Unity.

X: @mbromberg and @nepali_investor. LinkedIn: Matthew Bromberg

Emily Forgash / Bloomberg:

How Microsoft, Amazon, Meta, and Google are struggling to balance AI's growing energy demands with their promises of net-zero carbon emissions by 2040 or sooner — Energy-hungry data centers test industry's commitment to go carbon-zero by 2040 — Weeks after ChatGPT was unleashed …

More: TechCrunch and Implicator.ai

Vincent Chow / South China Morning Post:

Alibaba halves Qwen3-Max's prices, from $0.861 to $0.459 per 1M input tokens and $3.441 to $1.836 per 1M output tokens for API users, amid China's AI price wars — The new pricing strategy reflects heightened competition in China's foundational model market

Sarah Perez / TechCrunch:

Apple unveils Mini Apps Partner Program, offering a reduced 15% commission on IAPs for mini apps, or “self-contained” experiences built with web tech like HTML5 — Apple announced on Thursday the launch of a new developer program, the Mini Apps Partner Program …

More: MacStories, Apple Developer, GSMArena.com, 9to5Mac, Android Headlines, CNBC, Mobile World Live, The Indian Express, Apple Developer, Interesting Engineering, Michael Tsai, MacRumors, TechRadar, WinBuzzer, Apple Must, iPhone in Canada, The Verge, Bloomberg, and iClarified

X: @mattcassinelli, @ethanlipnik, @mattcassinelli, @timsweeneyepic, @timsweeneyepic, @timsweeneyepic, @mattcassinelli, @timsweeneyepic, and @timsweeneyepic

Bluesky: @maxpatten and @kosso.co.uk

Mastodon: @johnvoorhees@mastodon … and @lapcatsoftware@mastodon …. Forums: Slashdot

Reuters:

A Berlin court rules that Google must pay €465M and €107M to German price comparison sites Idealo and Producto, in damages for market abuse; Google will appeal — Google (GOOGL.O) must pay the German price comparison platform Idealo approximately 465 million euros ($542 million) …

More: TechCrunch

Soumyajit Saha / Nikkei Asia:

Indian payment startup Pine Labs' stock closed at ~$2.83, up 13.5% from its ~$2.49 IPO price, after a ~$440M IPO earlier this week that was 2x oversubscribed — MUMBAI — Shares of financial tech company Pine Labs made their debut on India's main bourses on Friday, opening 9.5% above the price …

More: TechCrunch, Entrackr, Inc42 Media, Tech in Asia, Reuters, Dow Jones Newswires, Bloomberg, and Times of India

Ina Fried / Axios:

Anthropic open sources a method to score AI model political evenhandedness; Gemini 2.5 Pro got 97%, Grok 4 96%, Claude Opus 4.1 95%, GPT-5 89%, and Llama 4 66% — Anthropic is releasing an open source method to evaluate the political “evenhandedness” of AI chatbots, the company said Thursday.

More: The Verge and Anthropic

X: @ahall_research, @alignpoe, @anthropicai, @ihatepythonx, and @inafried. Bluesky: @chicagomike

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