| 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 … | Pierluigi Paganini / Security Affairs: |
Microsoft says it mitigated a 15.7 Tbps DDoS from the Aisuru botnet on a single Australian Azure endpoint in October, the largest cloud DDoS ever recorded — Microsoft says the Aisuru botnet launched a 15.7 Tbps DDoS on Azure from 500k IPs, using massive UDP floods peaking at 3.6 B pps.| 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.”| 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.| 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 … | Bloomberg: |
Sources: Amazon is seeking to raise about $12B through a bond sale, its first such deal in US dollars since 2022, to help fund acquisitions, capex, and more — Amazon.com Inc. is set to raise $15 billion from its first US dollar bond offering in three years as technology companies race … | Karissa Bell / Engadget: |
Meta launches a tool called content protection to let creators detect and take action when their reels are reposted on Facebook or Instagram without permission — The company's content protection program can identify reels lifting others' work. — Creators on Facebook and Instagram … | 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.| Kieran Smith / Financial Times: |
Sources: UK companies tell the UK that a planned ban on paying ransoms to ransomware gangs is unlikely to stop attacks and could result in services collapsing — Companies and security groups warn government's proposed measure is unlikely to stop hacking attacks| 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.| 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 … | Wall Street Journal: |
Pinkfong prices its South Korea IPO at ~$26 per share, valuing the company behind Baby Shark Dance, YouTube's most-watched video with 16.4B views, at ~$375M — Company behind ubiquitous song is hampered by ad restrictions on children's content, wants to raise funds for expansion via an IPO| 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 … | CNBC: |
Pro-AI super PAC Leading the Future targets NY State Assemblymember Alex Bores, co-sponsor of the RAISE Act, a bill imposing safety and disclosure requirements — A bipartisan super PAC launched by a slew of artificial intelligence leaders has picked its first target: a Democratic congressional candidate …
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| Zoë Schiffer / Wired: |
| Brandon Vigliarolo / The Register: |
| M.G. Siegler / Spyglass: |
| Min-Jeong Lee / Bloomberg: |
| Tim Higgins / Wall Street Journal: |
| Connie Loizos / TechCrunch: |