| Ben Berkowitz / Axios: |
Ex-US Treasury Secretary Larry Summers and OpenAI say he has resigned from OpenAI's board, after a US House Committee released his emails with Jeffrey Epstein — Former Treasury secretary and Harvard president Larry Summers has resigned from the OpenAI board, he and the company told Axios … | Bloomberg: |
Meta confirms Yann LeCun is leaving the company; sources say Meta plans to partner with LeCun on his new startup, which will be focused on JEPA world models — Yann LeCun, an artificial intelligence pioneer who runs a research lab at Meta Platforms Inc., plans to say he will depart … | Kif Leswing / CNBC: |
Nvidia reports Q3 revenue up 62% YoY to $57.01B, vs. $54.92B est., Data Center revenue up 66% to $51.2B, and net income up 65% to $31.9B — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Ad Choices — News Tips — Got a confidential news tip?| Bloomberg: |
The Dutch government suspends its powers over chipmaker Nexperia, restoring control to its Chinese owner; a Dutch minister says the move is “a show of goodwill” — The Dutch government suspended its powers over chipmaker Nexperia, handing back control to its Chinese owner … | The Verge: |
The EU proposes changes to GDPR, including simplifying cookie permission pop-ups, and watering down a key part of the AI Act, after US and tech company pressure — The EU folds under Big Tech's pressure. … After years of staring down the world's biggest tech companies and setting the bar … | Sergiu Gatlan / BleepingComputer: |
The US, the UK, and Australia sanction Russian bulletproof hosting provider Media Land, which provided services to cybercrime marketplaces and ransomware groups — Today, the United States, the United Kingdom, and Australia announced sanctions targeting Russian bulletproof hosting (BPH) … | Vaibhavi Khanwalkar / The Economic Times: |
AI video startup Luma AI raised a $900M Series C led by Humain, sources say at a ~$4B valuation, and partners with Humain on a 2GW AI cluster in Saudi Arabia — The firm's Indian-American CEO Amit Jain, an IITian who was formerly with Apple, told ET that the domain the company operated … | Aisha Malik / TechCrunch: |
TikTok says it will test letting users choose how much AI-generated content appears in their For You feed, and more advanced AI-generated content labeling tech — TikTok, an app that was once just a place for user-generated content, is launching a new setting that lets users choose … | David Gewirtz / ZDNET: |
OpenAI unveils GPT-5.1-Codex-Max, saying it is “significantly better” at “long-horizon reasoning” and is the first model it has trained for Windows environments — ZDNET's key takeaways — Codex Max processes massive workloads through improved context handling.| Ashley Capoot / CNBC: |
OpenAI announces ChatGPT for Teachers, designed for K-12 educators and school districts, and says it will be free to K-12 educators in the US through June 2027 — Arrows pointing outwards — OpenAI on Wednesday announced ChatGPT for Teachers, a version of its artificial intelligence chatbot … | Arasu Kannagi Basil / Reuters: |
Crypto exchange Kraken says it confidentially filed for a US IPO, without revealing any terms; Kraken said it raised $200M at a $20B valuation on November 18 — Crypto exchange Kraken said on Wednesday it has confidentially filed for an initial public offering in the United States.| Jay Peters / The Verge: |
Epic Games partners with Unity to bring Unity Engine-made games to Fortnite in 2026, part of Epic's long-term vision to make Fortnite into an “open metaverse” — Epic Games is teaming up with arguably its biggest game development rival. … Epic Games is teaming up with arguably … | Wall Street Journal: |
Sources: xAI is in advanced talks to raise $15B at a $230B valuation, up from the $113B it reported after merging with X in March 2025 — Like other AI startups, xAI is burning cash rapidly as it seeks to improve its flagship Grok chatbot — Elon Musk's artificial-intelligence company … | New York Times: |
FTC v. Meta: TikTok's rise undermined the FTC's antitrust case and helped Meta avoid a breakup; Judge Boasberg said the tech landscape has “changed markedly” — Silicon Valley has increasingly pointed at rapid digital changes to blunt government efforts to rein in its power.| New York Times: |
| Lauren Thomas / Wall Street Journal: |
Adobe says it will acquire NYSE-listed Semrush, which helps companies run search engine optimization as AI use rises, for $1.9B in cash, paying $12 per share — Semrush helps businesses from Amazon to TikTok with search-engine optimization and marketing — Adobe struck a $1.9 billion deal … | Katherine Sayre / Wall Street Journal: |
AI music platform Suno raised $250M led by Menlo Ventures at a $2.45B valuation, up from ~$500M in 2024, and says its annual revenue has reached $200M — Startup has raised $250 million and says annual revenue has reached $200 million — Suno, an AI music platform in which users … | Mark Bergen / Bloomberg: |
Elon Musk says xAI plans to develop a 500 megawatt data center in Saudi Arabia with state-backed AI startup Humain; the data center will rely on Nvidia chips — Elon Musk said his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia … | Anna Nicolaou / Financial Times: |
Warner Music settles its lawsuit with AI music startup Udio, which is planning a service that lets users create songs from licensed tracks of artists who opt-in — Agreement with Udio could allow fans to create their own songs using licensed tracks if artists opt in| Yueqi Yang / The Information: |
Sources: Coinbase is preparing to launch a prediction market powered by Kalshi to allow its clients to bet on events such as elections and sports — Coinbase is preparing to launch a prediction market to allow its crypto clients to bet on events such as elections and sports, according to two people familiar with the matter.| Todd Spangler / Variety: |
Amazon launches a Video Recaps feature on Prime Video that uses AI to summarize a show's key plot points with snippets and music, available in beta for US users — Feature debuts after streamer introduced text-based AI recaps last year … Now Amazon is using AI to add sight, sound and motion to the mix.| matt shumer: |
| Stephanie Palazzolo / The Information: |
| Ashley Capoot / CNBC: |
Perplexity plans to roll out a free agentic shopping product in the US next week in partnership with PayPal, eventually letting users buy from 5,000+ merchants — Perplexity on Wednesday announced it will roll out a free agentic shopping product for U.S. users next week, as consumers ramp up spending for the holiday season.| Matthew Prince / Cloudflare: |
Cloudflare says “a change to one of our database systems' permissions” caused the November 18 outage, not “a cyberattack or malicious activity of any kind” — On 18 November 2025 at 11:20 UTC (all times in this blog are UTC), Cloudflare's network began experiencing … | Allie Garfinkle / Fortune: |
Doppel, which makes an AI social engineering detection service, raised a $70M Series C led by Bessemer at a $600M+ valuation, up from $205M in May — Senior Finance Reporter And Author Of Term Sheet — I tried to fool my brother, sort of. — Next to him and his Pekingese on the couch … | New York Times: |
CEIP study: 87 of the top 100 Chinese AI researchers who were working in the US in 2019 are still doing research at US universities or companies in 2025 — Although some Silicon Valley executives paint China as the enemy, Chinese brains continue to play a major role in U.S. research.| Mike Wheatley / SiliconANGLE: |
Meta release SAM 3, a model for detection, segmentation, and tracking of objects in images and video, and SAM 3D, which can reconstruct objects and humans in 3D — Meta Platforms Inc. today is expanding its suite of open-source Segment Anything computer vision models with the release of SAM 3 and SAM 3D … | Kieran Smith / Financial Times: |
Nokia unveils a new strategy, including plans to split its high-growth AI operations into a separate unit from its telecoms business; Nokia's shares fall 7% — Split from telecoms operations comes as Finnish group pushes for growth from new technology — Nokia has unveiled plans to split … | Sidhartha Shukla / Bloomberg: |
Investors pulled $523M from BlackRock's IBIT bitcoin ETF on Tuesday, its largest single-day outflow since launch; BTC fell ~30% from its October all-time high — Investors pulled more than half a billion dollars from BlackRock Inc.'s iShares Bitcoin Trust, the largest single-day outflow since …
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| Lauren Feiner / The Verge: |
| Angus Whitley / Bloomberg: |