Techmeme
December 17, 2025, 10:15 AM

Top News

The Information:
Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium; Microsoft keeps the rights to sell OpenAI's models  —  Amazon is in talks to invest $10 billion or more in OpenAI, according to three people familiar with the discussions.
Rachel Metz / Bloomberg:
OpenAI updates ChatGPT Images to generate images up to 4x faster and edit uploads more precisely, and adds a new section in ChatGPT's app and website for images  —  OpenAI is rolling out an update to ChatGPT that's intended to generate images better and faster, the latest move …
OpenAI:
Financial Times:
Wall Street Journal:
WBD recommends shareholders reject Paramount's unsolicited $108.4B cash bid, calling the offer “illusory” and saying it believes Netflix's proposal is superior  —  Warner raised concerns about the credibility of Paramount's ‘illusory’ offer and its backing from the Ellison family
Bloomberg:
Sources: Waymo is in discussions to raise $15B+ led by Alphabet at a ~$100B valuation, up from 45B+ in October 2024, and has a $350M+ annual revenue run rate  —  Waymo, Alphabet Inc.'s autonomous driving unit, is in discussions to raise more than $15 billion at a valuation near $100 billion …
Dia Rekhi / The Economic Times:
Sources: Apple is in preliminary talks with India-based CG Semi, which offers chip assembly and testing services, to assemble and package chips for the iPhone  —  Exploratory conversations have taken place between Murugappa Group-owned CG Semi, which is building an outsourced semiconductor assembly and test …
Bloomberg:
Sources: at least six Chinese AI companies, like chip firms Montage and GigaDevice, are set to IPO in Hong Kong in the coming weeks, aiming to raise up to $1B  —  At least six Chinese companies related to artificial intelligence are set to go public in Hong Kong in the coming weeks …
Vismaya V / Decrypt:
Bhutan unveils a pledge of up to 10,000 bitcoin to develop Gelephu Mindfulness City; Arkham says Bhutan holds 5,984 bitcoin, ranking 7th among sovereign holders  —  The 10,000 BTC will generate yields for GMC's growth while being held long-term, with Bhutan ruling out selling the reserves.
Akash Sriram / Reuters:
Hut 8 partners with Fluidstack to build an AI data center in Louisiana for Anthropic, backed by a 15-year, ~$7B lease, starting with 245MW of computing capacity  —  Hut 8 (HUT.O) has signed a deal valued at about $7 billion to lease a data center in Louisiana, it said on Wednesday …
Lora Kolodny / CNBC:
California's DMV says a California administrative law judge recently ruled that Tesla engaged in deceptive marketing around its Autopilot and FSD systems  —  A California administrative law judge recently ruled recently that Tesla's marketing around its “Autopilot” and “Full Self-Driving” …
Reuters:
Crypto exchange HashKey closed flat in its Hong Kong debut, after rising as much as 6.6% before falling 8.4% intraday, amid a weakness in digital assets  —  Cryptocurrency exchange HashKey Holdings Ltd (3887.HK) made a flat debut in Hong Kong on Wednesday amid recent weakness in digital assets …
Vlad Savov / Bloomberg:
Circana: US game console spending fell 27% in November to $695M, the lowest in the pivotal month for holiday shopping since 2005, after a tough year for makers  —  US spending on video game consoles fell 27% last month, marking the worst November in two decades as tariffs and rising component costs pushed prices to record highs.
Jennifer Maas / Variety:
Sources: Disney has been hesitant to license its IP to Roblox because it doesn't consider it a safe platform, bucking the trend followed by Netflix and others  —  Here's a stat that might shock anyone who isn't the parent of a Gen Alpha kid: As of October 2025, online gaming platform Roblox boasted …
More: Dexerto and Glossy

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New York Times:
Financial Times: