Techmeme
October 16, 2026, 12:05 AM

Top News

Meta AI Research:
Meta releases Muse Spark Open, saying it is the most capable US open-weight model, with 816B total and 42B active parameters and a 1M-token context window  —  Muse Spark Open is available today and brings leading agentic capabilities to your desktop for the first time on Apple M5 Ultra Mac Studios.
CNBC:
Meta says it worked with Apple to make Muse Spark Open run locally on M5 Ultra Mac Studios, letting users pair two to four Studios to code or do agentic work  —  Tim Cook and Mark Zuckerberg have clashed for years, but with John Ternus taking the reins at Apple, the rivals are finding common ground in artificial intelligence.
Ina Fried / Axios:
Alexandr Wang says ex-Apple exec Daniel Gross, now at Meta, helped bring Meta and Apple together: “we're excited for mommy and daddy to be playing nice again”  —  Apple and Meta, whose leaders have spent years trading barbs over privacy and the future of computing …
Reuters:
Sources: some Anthropic investors discussed a ~$1.5T valuation for its IPO, down from ~$2T they had expected, after disclosures showed slowing Q3 revenue growth  —  Some current Anthropic investors and prospective investors in its upcoming initial public offering are weighing a lower valuation …
Reuters:
Two US officials and a Western official say the order to limit Ukraine's access to SpaceX's Starshield came from inside the White House  —  The order to limit a satellite system used by Ukraine for battlefield communications and drone operations came from inside the White House …
Nick Cammarata / Goodfire:
A researcher says modern neural networks are far more interpretable than believed, with most neurons understandable in models up to trillions of parameters  —  The cause of polysemanticity in early model organisms wasn't superposition, but several ordinary, mostly fixable issues.
Nieman Lab:
Experts say Meta's new terms of use will allow scraping of websites, including news sites, “associated with” business accounts on its platforms, with no opt out  —  Starting October 30, business accounts will consent to Meta scraping their websites if they continue using Facebook, Instagram, or WhatsApp.
Anthropic:
Anthropic says it is giving employee-like access to METR as part of its pledge to partner with evaluators for assessment of its models and safety practices  —  Last month, we committed to stronger independent, third-party assessment of our models and safety practices.
Rebecca Rubin / Variety:
Netflix Chief Content Officer Bela Bajaria is leaving the company and will be replaced by former Disney and Fox executive Peter Rice, who starts October 26  —  In a major executive shakeup, Bela Bajaria is out at Netflix after 10 years at the streamer, most recently serving as its chief content officer.
Austin Carr / Bloomberg:
Current and former a16z partners and others say Marc Andreessen is driven by grievances that don't quite match reality, as his White House influence grows  —  The prominent investor has said the Biden administration pushed him to the political right, but sources say his grievances don't always match reality.
Washington Post:
Docs: Nvidia and Apple each committed $25M, the top amount, to Trump's White House ballroom; Microsoft and Palantir each committed $10M, and Meta and Amazon $5M  —  The records offer a panoramic view of a fundraising campaign that is extraordinary for its size and opacity.  —  Loading...  $2.5M
Bloomberg:
Amazon launches two AI wearables, the $75 Bee Frontier wristband and $100 Bee Eclipse magnetic phone-attachment recorder, with a $12/month Bee Pro subscription  —  Amazon.com Inc. launched two new wearables that use artificial intelligence to record and analyze a person's day …
Rebecca Torrence / Bloomberg:
Ramp raised $1.85B led by Dragoneer at a $60B valuation, up from $44B after raising $750M in June, and hits $2B in annualized revenue, up from $1.5B in June  —  Ramp has surged to $2 billion in annualized revenue, the fintech company plans to announce Thursday — a milestone that's helped attract fresh investor capital.
Andrew R. Chow / Time:
John Ternus discusses the iPhone Duo, memory shortages, AI, and more; he says “all options should be on the table” after reports that Apple tested Chinese chips  —  Andrew R. Chow/Cupertino, Calif. … Just below the broad smile he's been wearing all morning, John Ternus' hands are shaking.
Wired:
Citizen Lab details AdFection, a zero-click spyware campaign where an Israeli ad company routed targets to spyware servers and infected dozens of devices  —  Researchers at The Citizen Lab have for the first time released technical evidence of sophisticated mercenary spyware being distributed via online advertising.
Bloomberg:
Sources detail Nscale's setbacks ahead of an IPO at up to a $35B valuation, including a six-month delay in Norway and penalties owed to Microsoft and ByteDance  —  One flagship AI data center in Norway is six months behind schedule, with workers set to be housed in a floating hotel to get it over the finish line.
Chris Metinko / Axios:
Austin-based RapidCanvas, which uses agents to help businesses build custom AI tools, raised a ∼$29M Series B led by Vertex Ventures and Hitachi Ventures  —  RapidCanvas, which uses agents to help businesses build and deploy custom AI applications, has raised nearly $29 million in Series B funding, CEO Rahul Pangam tells Axios Pro.
Carl Franzen / VentureBeat:
Nvidia launches Nemotron 3.5 Super VL, a 120B-parameter open model for enterprise agents, and says it outperforms frontier models on specialized benchmarks  —  An enterprise agent reviewing a credit agreement may need to extract figures from tables, interpret a chart, check a related webpage …
Joseph Cox / 404 Media:
Memo: Accenture has told many employees, some of whom had been spending as much as $1,000 monthly, that it will now only spend $29 a month per person on Claude  —  Some employees who spend as much as $1,000 on Claude usage each month are scrambling to find ways to maintain access to the tool.
Bloomberg:
Sources: Binance.US seeks to raise up to $100M, targeting a ~$1B valuation in the private round, as it aims to expand its US business; WLF is not participating  —  Binance.US is looking to raise as much as $100 million as the crypto exchange seeks to beef up its US business amid intensifying competition for digital-asset customers.

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Sam Kessler / Wall Street Journal:
Camila Grigera Naón / Fortune: