Techmeme
November 24, 2025, 9:30 AM

Top 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.
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.
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
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 …
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

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Zoho:
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Associated Press:
Jack Revell / The Daily Beast:
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