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November 24, 2025, 1:00 PM
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Eric Revell / Fox Business:
AWS announces a commitment to invest up to $50B to build AI and HPC infrastructure for the US government, starting in 2026 and adding nearly 1.3 GW of capacity  —  AWS CEO says investment will remove technology barriers holding back federal agencies  —  EXCLUSIVE: Amazon Web Services (AWS) …
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.
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 …
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.
Loren Grush / Bloomberg:
Amazon begins previewing its Amazon Leo satellite internet system for a select group of customers, ahead of a wider public rollout planned for 2026  —  Amazon Leo, the recently rebranded satellite-internet system meant to rival SpaceX's Starlink, has begun previewing its service for a select group …
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 …
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 …

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This is a Techmeme archive page. It shows how the site appeared at 1:00 PM ET, November 24, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Michael Savage / The Guardian:
The BBC names ex-Google executive Matt Brittin as its next director general, replacing Tim Davie, as the BBC negotiates its funding; Brittin left Google in 2025

Oliver Darcy / Status:
Six months into Bari Weiss' CBS News overhaul, ratings data shows its flagship TV programs are losing viewers at a steep rate, while ABC and NBC post gains

Axios:
Joe Scarborough and Mika Brzezinski say they have re-signed their Morning Joe contracts with MS NOW through the end of 2029, as their show enters its 20th year

More News

Earlier Picks

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
Financial Times:
Major insurers have recently sought permission from US regulators to offer policies excluding liabilities tied to businesses deploying AI chatbots and agents
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