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November 17, 2025, 10:40 AM
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Cade Metz / New York Times:
Sources: AI startup Project Prometheus raised $6.2B, including from Jeff Bezos, who is its co-CEO, his first operational role since leaving Amazon in July 2021  —  Called Project Prometheus, the company is focusing on artificial intelligence for the engineering and manufacturing of computers, automobiles and spacecraft.
Ben Bergman / Business Insider:
In an informal survey of 300+ Cerebral Valley AI Conference attendees asking which $1B+ valuation startup to short, most voted Perplexity, followed by OpenAI  —  - An audience at a top AI conference in San Francisco was asked what startup they would short.  — Perplexity, an AI search …
Bloomberg:
US filing: Peter Thiel's Thiel Macro sold 537,742 Nvidia shares, worth ~$100M as of September 30, during Q3, amid rising concerns about an AI investment bubble  —  Peter Thiel's hedge fund Thiel Macro LLC sold off its holdings in Nvidia Corp. during the third quarter, marking another retreat …
Laith Al-Khalaf / Financial Times:
Klarna CEO Sebastian Siemiatkowski says he is “nervous about the size of these investments in these data centers”; he owns stakes in OpenAI, Perplexity, and xAI  —  OpenAI backer Sebastian Siemiatkowski says tech industry is committing too much money to huge computing infrastructure
New York Times:
Investigation: $28B+ in crypto tied to illicit activity flowed into crypto exchanges like Binance over the past two years, as President Trump embraced crypto  —  President Trump has started his own cryptocurrency business and vowed to make the United States the world's “crypto capital.”
Brandon Vigliarolo / The Register:
Chinese toymaker FoloToy suspends sales of its GPT-4o-powered teddy bear, after researchers found the toy gave kids harmful responses, like about fire and kinks  —  Consumer advocacy researchers at PIRG tested four AI toys, and none of them passed muster  —  Picture the scene …
M.G. Siegler / Spyglass:
The FT's Tim Cook retirement story could be a “trial balloon” from people close to him, if Cook decides to leave after Apple's “blockbuster” Q1 earnings report  —  Might Tim Cook retire as CEO of Apple in early 2026?  There are signs...  Two weeks ago, Tim Cook turned 65.
Joe Wertz / Bloomberg:
Google DeepMind releases WeatherNext 2, a weather model that it says offers faster, more accurate two-week forecasts and includes tools aimed at energy traders  —  Google DeepMind has released a new artificial intelligence weather model that it says is faster and more accurate than anything it's built …
Tim Higgins / Wall Street Journal:
Elon Musk, Jeff Bezos, and Sundar Pichai have each discussed building lunar and orbital AI data centers to leverage constant solar power and bypass regulations  —  Energy constraints in the artificial-intelligence race are causing tech companies to think out of this world
Bloomberg:
Meta says its 2Africa subsea internet cable project remains incomplete in the southern Red Sea due to security risks; Google's Blue-Raman cable is also delayed  —  Multiple subsea internet cables slated to run through the Red Sea are yet to complete as planned, as political tensions …

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From Mediagazer

Benjamin Mullin / New York Times:
Paramount completes its $110B acquisition of WBD, creating Skydance and putting David Ellison in control of Hollywood studios, streamers, and cable networks

Michael Schneider / Variety:
Amazon's Prime Video acquires exclusive global rights to the Primetime Emmys under a six-year deal from 2027; sources say Prime Video will pay ~$15M per year

New York Times:
Disney is seeking an injunction in US District Court to block the FCC from conducting an unusual, early review of eight ABC-owned station licenses

More News

Earlier Picks

Nikkei Asia:
Tokyo-based Sakana AI raised a ~$135M Series B from MUFG, Khosla, Macquarie, NEA, Lux, and others at a ~$2.6B valuation, becoming Japan's most valuable unicorn
Ben Cohen / Wall Street Journal:
A look at flight-tracking app Flighty, which often beats airlines' updates; downloads tripled when the FAA reduced air traffic during the US government shutdown
Mark Gurman / Bloomberg:
Sources: Apple plans three high-end iPhones for fall 2026 and lower-end iPhones and an Air 2 six months later; Mac Pro gets deprioritized; Jeff Williams retires
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