Techmeme
November 6, 2026, 2:25 AM

Top News

Natalia Kniazhevich / Bloomberg:
The Nasdaq 100 drops 6%, losing a record $2.3T in value, and the Philadelphia chip index plunges 12%, on concerns over the AI trade after Democrats won Congress  —  Technology stocks plunged the most since 2020 on Thursday as investors exited the sector on concerns over the artificial intelligence trade …
Jada Nagumo / Nikkei Asia:
Thinking Machines Lab:
Thinking Machines Lab debuts Inkling 2 Small, a MoE model with 594B total and 17B active parameters, and plans to release weights next week after safety testing  —  Today we are introducing our second model generation with Inkling 2 Small.  It is a Mixture-of-Experts model with 594B total parameters …
Emma Roth / The Verge:
OpenAI launches GPT-6 Cyber, which it says outperforms GPT-6 Astra on cyber benchmarks, is better at finding vulnerabilities, and is less likely to go rogue  —  Classified as ‘Critical,’ GPT-6 Cyber outperforms GPT-6 Astra on cyber-related benchmarks.
Djohnson / CyberScoop:
Davey Alba / Bloomberg:
Google says it will spend $17B to build its first Wyoming data center, pay for all the power it uses, and form a Community Council to address growth concerns  —  Alphabet Inc.'s Google will spend $17 billion to build a data center in Wyoming, formally putting a price tag on the proposal …
Wall Street Journal:
Sources: major investors are increasingly skeptical Anthropic's IPO can achieve a $1.5T valuation after a market selloff; one says it could be closer to $1T  —  The AI giant could need to set a significantly lower-than-expected valuation, investors say  —  Major investors are increasingly …
Tiffany Li / The Information:
METR: Anthropic's models are improving about twice as fast as they did between March 2024 and October 2025, with internal AI use driving ~80% of acceleration  —  AI use within Anthropic may have doubled the company's pace of AI development, a new report from AI research nonprofit METR says.
@metr_evals:
New York Times:
Sources: NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose  —  The roughly $330 million deal for the cinephile community site would be part of an effort to add new products and services to the company's portfolio.
Matthias Bastian / The Decoder:
Google rolls out Gemini Omni 1.2 Flash, which creates clips up to 15 seconds, vs. 10 seconds with Omni 1.1, has better reference adherence, and costs 30% less  —  Ask about this article...  Google says Gemini Omni 1.2 Flash is rolling out through the Gemini API, Google AI Studio …
Radhika Rajkumar / ZDNET:
Anthropic launches Personal Finance in Claude, letting users connect bank and credit card accounts via Plaid with read-only access to analyze spending trends  —  Anthropic has released what appears to be its answer to ChatGPT Finances.  —  ZDNET's key takeaways
Reuters:
Sources: Unity has held talks to be acquired by a consortium including Silver Lake, which owns 8% of Unity, and Saudi Arabia's PIF, discussing a ~$25B valuation  —  Gaming software provider Unity Software (U.N) has held talks to be acquired by a consortium of investors including private …
Wall Street Journal:
Sources: at Jensen Huang's midterms event, tech executives expressed concern over anti-data center results; OpenAI discussed resetting its 2027 capacity plans  —  Americans' vote for anti-data center candidates and ballot measures could rein in AI's expansion and hobble economic growth
Dina Bass / Bloomberg:
Kelly Cloonan / Wall Street Journal:
Lyft reports Q3 revenue up 8% YoY to $1.82B, vs. $1.92B est., and a net loss of $0.03 a share, vs. an est. profit of $0.20 a share; LYFT drops 8%+ after hours  —  However, the ride-hailing platform's top and bottom lines were dented by legal, tax and regulatory reserve changes and settlements
More: The Information and Lyft
Meghan Bobrowsky / Wall Street Journal:
Meta President Dina Powell McCormick says building new US data centers will be “harder” after midterm results, but it will be easier to expand existing projects  —  Speaking at the WSJ Tech conference, Dina Powell McCormick says the company is more optimistic about scaling up its existing data centers
Jay Peters / The Verge:
Jonathan Stempel / Reuters:
Google, Meta, and TikTok file lawsuits to block a California law that bans online platforms from providing “psychologically exploitative features” to under-16s  —  Google (GOOGL.O), Meta Platforms (META.O) and TikTok sued California to block enforcement of a new state law intended …
Reuters:
Sources: China's top memory maker YMTC plans to source up to 70% of equipment for its fourth chip factory locally, up from just over 50% for its third factory  —  China's largest flash memory chipmaker, Yangtze Memory Technologies Co (YMTC), plans to source as much as 70% of the equipment …
Tom Warren / The Verge:
Microsoft rolls out to Xbox Insiders an Xbox PC app that launches up to 60% faster and has a design to match Xbox Cloud Gaming updates on the web and smart TVs  —  Xbox Insiders can start testing the new PC app today. … Microsoft is unveiling a new Xbox PC app that launches …
Joel Khalili / Wired:
Potential Sciences, an AI startup building large-scale chemical data sets, secured backing from the UK's Sovereign AI Fund, as part of an eight-figure raise  —  Potential Sciences, a startup backed by the UK government, is betting that training AI models on computer-generated biochemical data …
Sidhartha Shukla / Bloomberg:
Blockaid: Binance hackers stole ~$2.5B, or 40% of the $6.3B haul, in a single Ethereum transaction using wallet permissions that cost just $15 to set up  —  The hackers who stole $6.3 billion from Binance last week found a way to take 40% of the stolen cryptocurrency in one hit …

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More News

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Earlier Picks

Brody Ford / Bloomberg:
Ben Schoon / 9to5Google:
Kelly Cloonan / Wall Street Journal:
Andrew E. Freedman / Tom's Hardware:
New York Times: