| Andrew Griffin / The Independent: |
Cloudflare says it is “continuing to investigate” a Global Network issue, starting 11:48 UTC, impacting X, ChatGPT, and others; some services are recovering — Outage comes around a month after Amazon Web Services outage also took much of the internet offline — Your support helps us to tell the story| xAI: |
xAI unveils Grok 4.1, saying it's 3x less likely to hallucinate compared to its previous models and Grok 4.1 Thinking holds the top spot on LMArena's Text Arena — Grok 4.1 is now available to all users on grok.com, 𝕏, and the iOS and Android apps.| BBC: |
Sundar Pichai says there is some “irrationality” in the AI boom, the industry can “overshoot” in investment cycles, and “no company is going to be immune” — In an exclusive BBC interview, Sundar Pichai hailed artificial intelligence as an “extraordinary moment” … | Financial Times: |
CoinGecko: the total market value of 18K+ tracked crypto coins fell 25% since October 6, wiping out $1.2T; bitcoin fell 28% to $89,500, its lowest since April — Bitcoin drops 28% in six weeks as worries over AI stocks spill into digital assets and high-octane bets backfire| Sarah Perez / TechCrunch: |
Mastodon founder and CEO Eugen Rochko is stepping down from the decentralized social network as part of its shift to a nonprofit structure overseen by a board — Mastodon's creator, Eugen Rochko, is stepping down as CEO of the open source, decentralized social network and X rival … | Bloomberg: |
Amazon raised $15B in its first US dollar bond offering in three years; sources say the proceeds will be used for acquisitions, capex, share buybacks, and more — Amazon.com Inc. raised $15 billion in its first US dollar bond offering in three years, adding to a spree of jumbo debt sales … | The Information: |
| The Information: |
Sources: Databricks is in talks to raise funds at a $130B+ valuation, up about 30% from September when it raised a $1B Series K at a $100B valuation — Databricks, a database provider whose tools help customers develop and use AI, is in talks to raise money at a valuation of more than $130 billion … | Bloomberg: |
PDD, which owns Pinduoduo and Temu, reports Q3 revenue up 9% YoY to ~$15.2B, above ~$15.1B est., and net income up 17% YoY to ~$4.1B, as it weathers US tariffs — PDD Holdings Inc. warned of a slowdown in an intensively competitive Chinese consumption environment, reflecting an escalating battle … | Samuel Stolton / Bloomberg: |
The EU Commission opens an investigation into AWS and Azure to determine whether they should fall under the DMA and says they “occupy very strong positions” — Amazon Web Services and Microsoft Corp.'s Azure are under investigation by the European Union to determine whether … | Stephen Nellis / Reuters: |
GlobalFoundries acquires Advanced Micro Foundry, a Singapore-based silicon photonics foundry, for an undisclosed sum, and plans a new R&D center in Singapore — Chip manufacturer GlobalFoundries (GFS.O) said on Monday it has acquired Advanced Micro Foundry (AMF), a Singapore-based chipmaker … | @artificialanlys: |
Artificial Analysis announces AA-Omniscience, a benchmark for knowledge and hallucination across 40+ topics; Claude 4.1 Opus takes first place in its key metric — Announcing AA-Omniscience, our new benchmark for knowledge and hallucination across >40 topics, where all but three models are more likely to hallucinate than give a correct answer Embedded knowledge in language models is important for many real world use cases. Without [image]| Reuters: |
Xiaomi reports Q3 revenue up 22.3% YoY to ~$15.9B, below ~$16.4B est., and net profit up 80.9% YoY to ~$1.59B, above ~$1.5B est., driven by AI and EV sales — China's Xiaomi (1810.HK) reported a 80.9% jump in third-quarter profit on Tuesday as the world's third-largest smartphone maker doubled down on its shift into electric vehicles.| Samantha Subin / CNBC: |
Klarna reports Q3 revenue up 26% YoY to $903M, above $882M est., a $95M net loss, and expects $1B+ revenue in Q4, in its first post-IPO earnings release — Klarna topped Wall Street third-quarter revenue expectations in its first earnings report after debuting on the New York Stock Exchange in September.| Belle Lin / Wall Street Journal: |
Lambda, which rents access to AI chips, raised a $1.5B Series E led by TWG Global, after raising $500M in April 2024, taking its total funding to $2.3B — The fundraise will help the startup build its own data centers as the AI infrastructure boom shows no signs of letting up| Bloomberg: |
Xiaomi President Lu Weibing says the company expects a shortfall in memory chips to push up mobile device prices in 2026, after SMIC's similar warning last week — Xiaomi Corp. expects a shortfall in memory chips to push up mobile device prices next year, joining a growing number of companies … | Jay Peters / The Verge: |
Roblox plans to require all users to undergo an age estimation process to access chat features, starting January 2026, in an effort to enhance child safety — After scrutiny over its ability to protect children on the platform, Roblox is making a big change.| Josh Sisco / Bloomberg: |
Filing: the US FTC ends its review of SoftBank's $6.5B acquisition of chip designer Ampere, granting an early termination; SoftBank announced the deal in March — The US Federal Trade Commission has ended its review of SoftBank Group Corp.'s acquisition of semiconductor designer Ampere Computing LLC … | Financial Times: |
Sources: Larry Ellison is overhauling a £10B science initiative in Oxford after clashing with President John Bell, who left in September, and COO Lisa Flashner — Trump-supporting billionaire narrows EIT's ambitions by cutting initiatives and tightening control| Nilay Patel / The Verge: |
Q&A with Ring founder Jamie Siminoff on returning to Amazon post-burnout, his goal to “zero out crime”, privacy and the “surveillance panopticon”, and more — Today I'm talking with Jamie Siminoff, founder of Ring, the video doorbell and security company.| Karissa Bell / Engadget: |
Meta launches a “content protection” tool 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 … | Martin Arnold / Financial Times: |
The UK CMA opens probes into StubHub, Viagogo, and others over allegedly deceptive online pricing practices; the UK plans to ban above face value ticket resales — CMA opens investigations into eight companies including ticketing websites StubHub and Viagogo| Blake Brittain / Reuters: |
SCOTUS declines to hear an appeal by Gesture Technology Partners over the right to challenge expired patents, leaving in place a win for Apple, Google, and LG — The U.S. Supreme Court on Monday declined to take up a case involving the right to challenge expired patents, leaving in place a win for Apple …
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