Techmeme
November 17, 2025, 5:15 PM

Top News

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.
Joe Wertz / Bloomberg:
Google DeepMind releases WeatherNext 2, a weather model that it says offers faster, more accurate two-week forecasts and includes more tools for 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 …
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.”
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 …
Emily Mason / Bloomberg:
Ramp says it is now valued at $32B following a $300M raise led by Lightspeed and an employee tender offer, up from a $22.5B valuation in July  —  Corporate spending management platform Ramp reached a $32 billion valuation after a $300 million primary financing round and an employee tender offer.
xAI:
Cloudflare:
Cloudflare acquires Replicate, which hosts over 50,000 AI models and simplifies AI model deployment via a single API call; Replicate will keep its brand  —  We have some big news to share today: Replicate, the leading platform for running AI models, is joining Cloudflare.
Julie Bort / TechCrunch:
Runlayer, which aims to make it easy for companies to securely scale MCP servers, emerges from stealth with an $11M seed from Khosla Ventures and Felicis  —  On Monday, a new Model Context Protocol security startup called Runlayer launched out of stealth with $11 million in seed funding from Khosla Ventures' Keith Rabois and Felicis.
Andrew J. Hawkins / The Verge:
Ford and Amazon partner to let people purchase certified pre-owned Ford vehicles via Amazon Autos, initially available in Los Angeles, Seattle, and Dallas  —  Ford is the second brand, after Hyundai, to list its vehicles on Amazon's new car buying site.
Lori Ann LaRocco / CNBC:
Eric Gillespie, the founder of Govini whose AI software is used by the US military, was arrested last week for allegedly soliciting pre-teens for sexual contact  —  Govini founder Eric Gillespie urged a person whom he believed to be a dad offering his 10-year-old daughter to be sexually abused …
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 …
Emma Roth / The Verge:
NetChoice sues Virginia over a law that would require parental permission for minors to use social media for more than one hour per day, arguing it violates 1A  —  Virginia's law would require social media platforms to limit how much time kids under 16 spend on their sites, with parental permission required for longer sessions.
More: MediaPost and NetChoice

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Featured Podcasts

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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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More News

CNBC:
Alex Konrad / Upstarts Media:
Zoë Schiffer / Wired:

Earlier Picks

Brandon Vigliarolo / The Register:
M.G. Siegler / Spyglass:
Min-Jeong Lee / Bloomberg:
Tim Higgins / Wall Street Journal: