| 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.| 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 — Apple's iPhone is getting its biggest makeover yet — both to its features and release schedule. Here's what's happening to the company's flagship product.| 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 centres”; he owns stakes in OpenAI, Perplexity, and xAI — OpenAI backer Sebastian Siemiatkowski says tech industry is committing too much money to huge computing infrastructure| 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 … | Zoë Schiffer / Wired: |
Q&A with OpenAI CEO of Applications Fidji Simo on joining OpenAI, ChatGPT users' mental health, profitability, data center deals, her chronic illness, and more — As OpenAI expands in every direction, the new CEO of Applications is on a mission to make ChatGPT indispensable and lucrative.| 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 on a high note after Apple's Q1 earnings report — Might Tim Cook retire as CEO of Apple in early 2026? There are signs... Two weeks ago, Tim Cook turned 65.| New York Times: |
Investigation: $28B+ in crypto tied to illicit activity flowed into crypto exchanges like Binance over the last two years, as President Trump embraces 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 … | 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 — TOKYO — Artificial intelligence company Sakana AI has completed a funding round that pushed its value to approximately 400 billion yen … | Connie Loizos / TechCrunch: |
Empower: US BNPL use has grown to 91.5M users, with 25% financing groceries, as default rates accelerate and most loans aren't reported, creating “phantom debt” — When Nigel Morris tells you he's worried about the economy, you listen. As industry observers know … | Bloomberg: |
Meta says its 2Africa subsea cable project remains incomplete in the southern Red Sea segment 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 … | Brock E.W. Turner / Axios: |
Voize, an ambient AI voice company targeting skilled nursing facilities, raised a $50M Series A led by Balderton Capital and plans a US launch in Q1 2026 — Voize, an ambient AI voice company focused on skilled nursing facilities (SNF), raised a $50 million Series A round, CEO Fabio Schmidberger tells Axios Pro exclusively.| Tech Policy Press: |
Freedom House's Freedom on the Net 2025 report: for the 15th straight year, global internet freedom is in decline; of the 72 countries surveyed, Kenya fell most — Since Tech Policy Press launched nearly five years ago, it has made a habit of reporting on the findings of the annual Freedom …
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