Techmeme
October 20, 2026, 8:55 AM

Top News

Bloomberg:
Google says Cloud services in its London region “are experiencing issues”, starting Monday at 23:08 PDT; Revolut says its major outage is due to Google Cloud  —  An outage at Google Cloud knocked out online services including digital bank Revolut Ltd. for several hours through Tuesday …
Jason Hiner / The Deep View:
Inception debuts Mercury 3, a diffusion LLM that it says tops GPT-6 Luna, Claude Haiku 5.5, and GLM-5.3 Flash on agentic benchmarks while being 4x to 8x faster  —  W  —  hile the AI industry has bet heavily on LLMs and the massive data centers needed to scale them, one of the neolabs betting …
Cloudflare:
Cloudflare debuts Clairic, a System One-class extraction model it says processes unstructured data faster, more cheaply, and more accurately than normal LLMs  —  Today, we're announcing a preview of a new class of System One-style models: extraction models.
Bloomberg:
The US sanctions MiraclePlus, a Chinese VC firm founded by ex-Microsoft executive Lu Qi, over alleged ties to Zhisuan, accused of stealing Google's AI secrets  —  Washington has blacklisted a Chinese venture firm established by ex-Microsoft Corp. AI scientist Lu Qi for alleged ties …
OpenAI:
OpenAI says its new models show major performance leaps in low-resource legacy languages like COBOL, Fortran, and Visual Basic, used by banks and governments  —  Our latest model advances bring stronger capabilities for building and migrating software in low-resource programming languages such as COBOL, Fortran, and Visual Basic.
Reuters:
Sources: OpenAI is racing to secure investor commitments before Anthropic's planned IPO in mid-November, aiming to raise ~$30B; the round may value it at $1.4T+  —  OpenAI is racing to secure investor commitments before rival Anthropic's expected public market debut in mid-November …
Bloomberg:
Sources: Eric Schmidt, who owns ~1% of Anthropic after investing tens of millions in its Series A, is poised to have one of the largest windfalls from its IPO  —  Former Google Chief Executive Officer Eric Schmidt owns around 1% of Anthropic PBC thanks to his early investment in the startup …
Sam Biddle / The Intercept:
Leaked documents detail ECHOTRIBBLE, a nascent US Army Cyber Command program for agentic AI to autonomously spread across networks to find and eliminate targets  —  Documents obtained by The Intercept show the military is trying to deploy autonomous AI agents to hack its adversaries.
Bloomberg:
Sources: Nscale is in talks for a second deal with Anthropic worth ~$45B to deliver 460MW of computing power at its West Virginia campus using Vera Rubin chips  —  Nscale Ltd., the AI cloud computing firm, is in talks to sell computing power to Anthropic PBC in a deal that could be worth about $45 billion …
Sarah Perez / TechCrunch:
Developers and vibe coders are using AI tools like Claude Code to remove sponsored ads on their smart TVs, speed up app launchers, disable tracking, and more  —  The latest use case for AI?  Dumbing down your smart TV to get rid of the bloat.  A number of developers and vibe coders …
Bloomberg:
Seoul-based data center infrastructure company Elice falls 30%+ in its Kosdaq debut, the worst-ever opening day for a sizable Korean IPO, after raising ~$151M  —  Shares of data-center infrastructure company Elice Inc. plunged in their trading debut, underscoring lingering concerns about whether …
Dominic-Madori Davis / TechCrunch:
Town, which develops enterprise AI assistants, raised a $108M Series B at a $1B valuation, after announcing a $55M Series A in June  —  Town, a two-year-old, San Francisco-based startup developing AI assistants, nabbed a unicorn valuation on Monday, announcing a $108 million Series B funding round co-led …
Paul Sandle / Reuters:
The UK CMA proposes measures requiring Apple to provide easier access to its contactless tech and reduce access fees, with a consultation until November 17  —  Britain's competition regulator said on Tuesday it was seeking to loosen Apple's grip on contactless payments by proposing …
Shakeel Hashim / Transformer:
Anthropic's leaked federal AI bill draws widespread criticism from AI safety advocates for being significantly weaker than the bipartisan FRONTIER Act  —  The leaked draft bill is weaker than the FRONTIER Act and makes Anthropic's safety-first pitch ring hollow
Katerina Eva Matsa / Pew Research Center:
Survey: 20% of US adults regularly consume news on TikTok, up from just 3% in 2020; 39% of those aged 18 to 29 and 25% of those aged 30 to 49 do so regularly  —  TikTok is primarily known for short-form video sharing, but it has also become a common place for many people to get news.
Luke Kehoe / Ookla:
Analysis: London fell from 7th to last place out of 18 European capitals for median mobile download speed from 2021 to 2026; 5G adoption has outrun 5G capacity  —  London has slipped from seventh to last among 18 European capitals for median mobile download speed since 2021.
More: The Register

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Featured Podcasts

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Big Tech's Ugly Week, Getting Rich At Anthropic, AI Costs Plunge
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Tobi Lütke on the AI agent revolution and future of Shopify
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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