Techmeme
November 19, 2025, 7:30 PM

Top News

Bloomberg:
Yann LeCun says he is leaving Meta at the end of 2025 to build a new startup and continue his “Advanced Machine Intelligence research”, with Meta as a partner  —  Yann LeCun, an artificial intelligence pioneer who runs a research lab at Meta Platforms Inc., told employees …
Kif Leswing / CNBC:
Nvidia reports Q3 revenue up 62% YoY to $57.01B, vs. $54.92B est., Data Center revenue up 66%, and forecasts Q4 revenue above est.; NVDA jumps 5%+ after hours  —  Nvidia reported fiscal third-quarter earnings and revenue that topped Wall Street expectations on Wednesday and provided stronger …
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 …
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 …
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 …
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) …
David Gewirtz / ZDNET:
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 …
Arasu Kannagi Basil / Reuters:
Crypto exchange Kraken says it confidentially filed for a US IPO; on November 18, Kraken said it raised $200M at a $20B valuation, up 33% in under two months  —  Crypto exchange Kraken said on Wednesday it has confidentially filed for an initial public offering in the United States.
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.
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 …
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 …
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
New York Times:
TikTok's and YouTube's rise undermined the FTC's Meta antitrust case and helped Meta avoid a breakup; Judge Boasberg: 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:
matt shumer:
Gemini 3 hands-on: a fundamental improvement on daily use, extremely fast, Antigravity IDE is a powerful launch product, and its personality is terse and direct  —  Gemini 3 is a fundamental improvement on daily use, not just on benchmarks.  It feels more consistent and less “spiky” than previous models.
Stephanie Palazzolo / The Information:
Bloomberg:
Sources: ID verification startup Incode is in preliminary talks to raise between $150M and $300M at a valuation of up to $3B, up from a $1.25B valuation in 2021  —  Incode Technologies Inc., an identity verification platform, is in preliminary talks to raise between $150 million and $300 million …
Mike Wheatley / SiliconANGLE:
Meta releases SAM 3, a model for object detection, segmentation, and tracking in images and videos, 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 …
Tina Nguyen / The Verge:
A draft EO shows President Trump plans to grant the federal government sole power to regulate AI and create an “AI Litigation Task Force” overseen by the AG  —  Trump is launching an all-out broadside against states with strict AI regulations  —  President Donald Trump …
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 …
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 …
Wall Street Journal:
Sources: xAI is in advanced talks to raise $15B at a $230B valuation, up from the $113B it reported after acquiring 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 …
Samantha Subin / CNBC:
Palo Alto Networks reports Q1 revenue up 16% YoY to $2.47B, vs. $2.46B est., forecasts Q2 revenue in line with est., and agrees to buy Chronosphere for $3.35B  —  Palo Alto Networks beat Wall Street's fiscal first-quarter estimates after the bell on Wednesday and announced plans …
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.

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Lauren Feiner / The Verge:
Angus Whitley / Bloomberg:

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