| Ina Fried / Axios: |
OpenAI raised $6.6B led by Thrive Capital, the largest VC deal of all time, valuing it at $157B, with participation from Microsoft, Nvidia, SoftBank, and others — - Not taking part, a source confirms, is Apple, which reportedly had been in talks to invest.| Financial Times: |
| Cade Metz / New York Times: |
| Daniel Thomas / Financial Times: |
Amazon plans to increase the number of ads on Prime Video in 2025 after not seeing a sharp drop in subscribers since adding advertisements in January 2024 — Ecommerce group attempting to win over more brands as it steps up push into ad-funded streaming services in 2025| Ryan McNeal / Android Authority: |
Amazon announces a new lineup of Fire HD 8 tablets, with 50% more RAM than the previous models, and three new generative AI features for compatible Fire tablets — Amazon launches new Fire HD 8 tablets, rolls out three new AI features. — • — TL;DR — Amazon is launching a new lineup of Fire HD 8 tablets.| Dylan Martin / CRN: |
Accenture says it will train 30,000 employees on Nvidia technology and start a new Nvidia Business Group focused on driving enterprise adoption of AI agents — The global services powerhouse says its newly formed Nvidia Business Group will focus on driving enterprise adoption … | Abner Li / 9to5Google: |
Google updates Gmail for Android and iOS with new summary cards that are more glanceable and actionable and a new “Happening soon” section above the inbox — Gmail for Android and iOS are getting new summary cards that are more glanceable and actionable, with Google also directly surfacing them in your inbox.| Bloomberg: |
Poolside, which is building AI-assisted software development tools, raised a $500M Series B led by Bain Capital Ventures, reportedly at a $3B valuation — - Company hasn't released its product or given a launch timeline — Investment shows continued investor appetite for AI startups| Maxwell Zeff / TechCrunch: |
A US judge temporarily blocks California's AG from enforcing AB 2839 on election deepfakes, which Gov. Gavin Newsom signed into law on September 17 — A federal judge blocked one of California's new AI laws on Wednesday, less than two weeks after it was signed by Governor Gavin Newsom.| Akila Quinio / Financial Times: |
Meta rolls out Fraud Intelligence Reciprocal Exchange to let UK banks share transaction intel to help catch scammers, after a pilot with NatWest and Metro Bank — Tech group to roll out channel for sharing of transaction intelligence — Facebook owner Meta is launching a data-sharing partnership … | Akila Quinio / Financial Times: |
The UK FCA fines Starling Bank £29M over its “shockingly lax” controls against financial crime, like potential money laundering and sanctions breaches — FCA said lender's efforts to identify potential money laundering ‘did not keep pace’ with its growth| Tom Warren / The Verge: |
Microsoft releases a $150 standalone version of Office 2024 for consumers and SMBs, with core app updates and UI changes; the last standalone was Office 2021 — Microsoft is releasing a new version of Office this week, designed for people that don't want to subscribe to Microsoft 365.| Erin Griffith / New York Times: |
VC firm CRV plans to return $275M from its $500M Select fund, citing worsening market conditions and high startup valuations relative to their potential payoff — CRV, based in Silicon Valley, plans to return to investors $275 million because the market for mature start-ups has soured.| Cristina Criddle / Financial Times: |
Character.AI CEO Dominic Perella says the startup has largely abandoned building AI models after Google poached its founders, focusing on its chatbots instead — AI start-up's new chief says race to build large language models against Big Tech got ‘insanely expensive’| Emma Roth / The Verge: |
Automattic demanded an 8% cut of WP Engine's monthly revenue to use the WordPress trademark in a seven-year deal proposed on September 20; WP Engine declined — Automattic, the parent company of WordPress.com, asked rival hosting service WP Engine to hand over 8 percent of its revenue each month … | Nikhilesh De / CoinDesk: |
The SEC files a notice of appeal in its Ripple case, seeking to reverse a July 2023 ruling that XRP sales on retail exchanges didn't violate securities law — A federal judge ruled last year that the SEC had not made its case that Ripple violated securities law by selling XRP to retail customers through exchanges.| Kevin Roose / New York Times: |
Some iOS developers worry an iOS 18 change, that lets users choose contacts an app can access, may make growing social apps hard; Apple says it boosts privacy — This year, when Apple announced iOS 18, the latest version of its mobile operating system, most of the attention went to its slate of new artificial intelligence features.
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| Thomas Claburn / The Register: |
| David Shepardson / Reuters: |
| Bloomberg: |
| Emma Roth / The Verge: |
| Geraldine Brooks / Washington Post: |
| Sebastiaan de With / Lux: |
| Lorenzo Franceschi-Bicchierai / TechCrunch: |
| Kyle Wiggers / TechCrunch: |