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November 24, 2025, 9:30 AM
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memeorandum
WeSmirchTop News
| New York Times: |
Interviews with current and former OpenAI employees detail how updates that made ChatGPT more appealing to boost growth sent some users into delusional spirals — It sounds like science fiction: A company turns a dial on a product used by hundreds of millions of people and inadvertently destabilizes some of their minds.
More: TechCrunch, International Business Times, Digital Trends, and Marcus on AI
X: @brianstelter. Bluesky: @carlquintanilla, @kashhill, @sheeraf, @triangulator.org, and @shiraovide. Mastodon: @amcvittie@hachyderm.io. Forums: r/technology
| Maxwell Zeff / Wired: |
OpenAI confirms Andrea Vallone, the head of an OpenAI safety research team that works on ChatGPT's mental health responses, is set to leave at the end of 2025 — The model policy team leads core parts of AI safety research, including how ChatGPT responds to users in crisis.| New York Times: |
Banking tech vendor SitusAMC says it suffered a November 12 hack that could expose sensitive customer data; sources say JPMorgan, Citi, and others are impacted — SitusAMC, a technology vendor for real estate lenders, holds sensitive personal information on the clients of hundreds of its banking customers, including JPMorgan Chase.
More: SitusAMC, TechCrunch, Metacurity, CSO, PYMNTS.com, 9to5Mac, Bloomberg, Finextra, BeInCrypto, CNN, Modern Diplomacy, and Reuters
| Financial Times: |
Major insurers have recently sought permission from US regulators to offer policies excluding liabilities tied to businesses deploying AI chatbots and agents — AIG, Great American and WR Berkley seek permission to limit liability from AI agents and chatbots
More: TechCrunch, Unite.AI, Datamation, USA Insurance News …, and PYMNTS.com
Mastodon: @jeridansky@sfba.social and @CelloMomOnCars@mastodon …
Forums: Hacker News, r/technology, and r/BetterOffline
| Jennifer Surane / Bloomberg: |
Revolut reaches a $75B valuation in its latest share sale led by Coatue, Greenoaks, and others, up from $45B in 2024, making it Europe's most valuable startup — Revolut Ltd. garnered a $75 billion valuation in its latest share sale after months of courting investors, a steep increase … | Bloomberg: |
Alibaba says its Qwen app drew 10M+ downloads in the week after its relaunch, one of the fastest app adoption rates behind ChatGPT, particularly in China — Alibaba Group Holding Ltd.'s Qwen app drew more than 10 million downloads in the week after its relaunch, boding well for a longer-term effort … | Matt Day / Bloomberg: |
Internal documents: Amazon's data center operations total 900+ facilities in 50+ countries, including AWS colocation facilities, higher than commonly understood — Amazon.com Inc.'s data center operation is much larger than commonly understood, totaling more than 900 facilities in more than 50 countries …
More: DatacenterDynamics
| Bloomberg: |
Analysis: as crypto sheds $1T+, the Trump family's fortune has fallen to ~$6.7B from $7.7B in early September; President Trump's TMTG stake fell by ~$800M — In President Donald Trump's second term, crypto assets transformed his family's wealth. Now the Trumps — and their followers … | Jamie Smyth / Financial Times: |
Amazon-backed nuclear reactor developer X-energy raised $700M led by Jane Street, taking its total funding to $1.4B, to build 150 SMRs in the US and the UK — Reactor developer closes fundraising round as markets expect atomic energy will power the AI boom
More: Bloomberg, Axios, Business Wire, Reuters, Yahoo Finance, and CT Mirror
| Bloomberg: |
Lenovo CFO Winston Cheng says the PC maker is stockpiling memory and other critical components amid a supply crunch, holding inventories ~50% higher than usual — Lenovo Group Ltd. is stockpiling memory and other critical components to navigate a supply crunch brought on by the boom in artificial intelligence.
More: Tech in Asia and DigiTimes
| Chris Metinko / Axios: |
NYC-based Opti, an enterprise identity security service that uses AI to analyze user, system, and access relationships, raised a $20M seed led by YL Ventures — Opti, an enterprise identity security platform, raised a $20 million seed round led by YL Ventures, Mayfield Fund and Hetz Ventures … | Courtney Rozen / Reuters: |
OPM Director Scott Kupor earlier this month said DOGE “doesn't exist” and OPM took over many of its functions, eight months before DOGE was set to close — - DOGE disbanded eight months ahead of scheduled end in July 2026 — Former DOGE employees take new roles in administration
More: Mashable, The Guardian, WinBuzzer, Le·gal In·sur·rec·tion, The Indian Express, Newsweek, Times of India, Benzinga, Coinpedia Fintech News, CoinDesk, NDTV Profit, Decrypt, Just The News, The Verge, ZyCrypto, The Coin Republic, Fortune, Washington Examiner, People, San Francisco Chronicle, Cryptonews, One America News Network, Modern Diplomacy, BeInCrypto, The Japan Times, Time, Crypto Briefing, Mock Paper Scissors, American Greatness, Reuters, Just Jared, DNYUZ, New Republic, Mediaite, The Independent, Townhall, Meidas+, Metro.co.uk, and The Free Press
| Michael Peel / Financial Times: |
Researchers detail popEVE, an AI model to predict the disease-causing potential of unknown human genetic mutations, and says it beats Google's AlphaMissense — PopEVE system outperformed rivals such as Google DeepMind's AlphaMissense — Scientists have built an artificial intelligence model … | Aisha S Gani / Bloomberg: |
Model ML, which aims to use AI agents to automate grunt work done by investment bankers like making pitch decks, raised $75M, after raising $12M earlier in 2025 — The artificial intelligence startup Model ML raised $75 million as it looks to develop technology to replace much of the grunt work done …
More: Tech.eu, FinSMEs, Tech Funding News, Ventureburn, EU-Startups, and Tech in Asia
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