Techmeme
November 2, 2026, 12:25 AM

Top News

Zack Abrams / The Block:
Binance says net outflows were ~$3.64B, or 2.1% of assets, in the 9.5 hours after it began restoring withdrawals; DefiLlama puts 24-hour net outflows at $5.86B  —  The exchange said the outflows equal 2.1% of its assets and that withdrawal volumes have eased after an initial spike.
Bloomberg:
A look at Binance's efforts to contain the hack, including creating a global war room of ~100 people, coordinating with other crypto firms and the FBI, and more  —  The biggest crypto hack in history began with a rehearsal.  —  As trading hummed along on Binance at midweek …
Kevin Whitelaw / Bloomberg:
Reuters:
Axios:
OpenAI plans a post-midterms policy and PR blitz, pushing mandatory “speed limits” for powerful AI and rebranding its data centers as “AI compute campuses”  —  Right after Tuesday's midterms, OpenAI will unleash a policy and PR blitz to try to get in sync with the new Washington …
SemiAnalysis:
SemiAnalysis launches GDPx, an agentic capability benchmark measuring 11 domains, including chip design, cybersecurity, and RSI; Opus 5.5 tops with a 12% score  —  A comprehensive benchmark spanning RSI, hardware design, cyber, bio, finance, legal, quant trading, chip design, software engineering, materials science, and alignment
Jon Caramanica / New York Times:
How IShowSpeed became YouTube's top livestreamer with 62M+ subscribers, as his 24/7 “IRL streams” that last days mingle childlike wonder with teenage mischief  —  IShowSpeed in Las Vegas during the Speed Does America bus tour.  —  With seven minutes left in the second quarter …
Amir Efrati / The Information:
Google's data center energy head says space data centers cost up to 100x more than Earth-based ones, and US power supply is sufficient but permits are slow  —  Data centers in space could cost up to 100 times as much as those on Earth, Google's head of data center energy said this week …
Tim Keary / Forbes:
Data analytics provider Hex Technologies, which says it has rebuilt its platform for AI agents, raised a $100M Series D led by Peak XV at a $1.2B valuation  —  This voice experience is generated by AI.  Learn more. … The SaaSpocalypse has become one of the most controversial topics in enterprise tech.
Reuters:
South Korean President Lee Jae Myung vows $15.97B for AI, chips, physical AI, and data centers in the country's 2027 budget, nearly twice the 2026 amount  —  South Korean President Lee Jae Myung vowed on Monday to make bold investments in artificial intelligence to boost …
Allon Sinai / CTech:
ServiceNow confirms it acquired Israeli startup Sweep to speed up customers' migrations to its CRM, for an undisclosed price estimated at hundreds of millions  —  Bill McDermott said rollouts now take “a month ... 30 days, 60 days” for large companies, as ServiceNow pushes into CRM.

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Earlier Picks

Andrew Fedorov / The San Francisco Standard:
Harry Lambert / Colossus: