| Berber Jin / Wall Street Journal: |
Sources: OpenAI signed a contract with Oracle to purchase $300B in computing power, requiring 4.5 gigawatts of capacity, over roughly five years — The vast majority of new revenue revealed by Oracle will come from OpenAI deal, sources say — OpenAI signed a contract to purchase $300 billion … | Rafe Rosner-Uddin / Financial Times: |
Amazon's Zoox launches its robotaxi service in Las Vegas, letting riders hail its toaster-shaped cars between specific destinations in the city's 4.2-mile Strip — The driverless car group launches to the public in challenge to Waymo and Tesla over the future of ride-hailing| Lynn Doan / Bloomberg: |
Bending Spoons agrees to acquire Vimeo for $1.38B, in an all-cash deal set to close in Q4, representing a 91% premium; Vimeo will be delisted from exchanges — Bending Spoons, one of Europe's largest mobile app developers, has agreed to buy the video platform Vimeo in an all-cash deal valued at about $1.38 billion.| Bloomberg: |
Klarna's shares closed up 14.55% at $45.82 in its NYSE debut, giving it a $17B+ market value, after the company and some of its backers raised $1.37B in its IPO — Klarna Group Plc rose 15% in its trading debut after the company and some of its backers raised $1.37 billion in an initial public offering … | Andrew J. Hawkins / The Verge: |
Lyft partners with Ann Arbor-based May Mobility to let Atlanta riders request an autonomous minivan, with a safety driver, starting in a seven square-mile area — The vehicles from May Mobility will have safety drivers who will ‘drive manually during initial trips,’ the companies said.| Sarah Perez / TechCrunch: |
Bluesky says it will comply with South Dakota and Wyoming age-verification laws, which “currently strikes the right balance”, after exiting Mississippi — After blocking its service in Mississippi over its new age-assurance law, the social networking startup is taking … | Anders Melin / Bloomberg: |
Larry Ellison briefly surpassed Elon Musk to become the world's richest person for the first time on Wednesday after a jump in Oracle shares; ORCL closed up 36% — Larry Ellison briefly surpassed Elon Musk to become the world's richest person Wednesday after a jump in Oracle Corp. shares added a record amount to his fortune.| Samantha Subin / CNBC: |
Uber plans to add Blade helicopter rides as soon as 2026 via a partnership with electric air taxi maker Joby Aviation, which acquired Blade for $125M in August — Uber is tackling a new form of ride sharing: helicopters. — The ride hailing company on Wednesday said it will launch Blade helicopter rides … | Terrence O'Brien / The Verge: |
Spotify plans to roll out lossless audio at 24-bit/44.1 kHz FLAC to Premium users over the next two months in 50 markets, without needing a pricier subscription — Subscribers will be able to enjoy 24-bit / 44.1 kHz FLAC as part of their Premium plan. … It's been a long time coming but Spotify is finally getting lossless audio.| Financial Times: |
Quantum startup PsiQuantum raised $1B led by BlackRock, Temasek, and Baillie Gifford at a $7B valuation, up from $3.2B in 2021, for a 1M-qubit computer by 2028 — PsiQuantum backed by BlackRock, Temasek and Baillie Gifford as investment race intensifies — PsiQuantum has raised $1bn … | Emma Roth / The Verge: |
Reddit, Yahoo, Medium, Quora, People, O'Reilly, wikiHow, Ziff Davis, and others adopt the Really Simple Licensing (RSL) standard that sets terms for AI scraping — Reddit, Yahoo, Quora, and wikiHow are just some of the major brands on board with the RSL Standard.| Jay Peters / The Verge: |
Apple extends free access to satellite connectivity features for an extra year for iPhone 14 and iPhone 15 owners who activated their device before September 9 — People on an iPhone 14 or 15 won't have to pay for Apple's satellite messaging until as early as November 2026.| The Information: |
Sources: Amazon is developing two AR glasses, one codenamed Jayhawk with a color display for consumers, and another codenamed Amelia focused on delivery drivers — Amazon is developing a pair of augmented-reality glasses for consumers, say two people with knowledge of the plans.| Ivan Mehta / TechCrunch: |
Reddit launches free tools for publishers as part of Reddit Pro, to track article performance and get suggestions on which communities to share their stories in — Reddit on Wednesday launched a set of free tools for publishers to track their article performance and receive suggestions … | Jess Weatherbed / The Verge: |
| Alex Reisner / The Atlantic: |
| Vincent Chow / South China Morning Post: |
ByteDance launches Seedream 4.0, an AI image model it claims can beat Google's viral “nano banana” model in prompt adherence, alignment, and aesthetics — ByteDance claims that Seedream 4.0 beat Gemini 2.5 Flash Image for image generation and editing on its internal evaluation benchmark| Lauren Forristal / TechCrunch: |
YouTube rolls out multi-language audio after a two-year pilot, saying creators saw 25%+ of watch time coming from views in their video's non-primary language — YouTube announced on Wednesday that its multi-language audio feature has officially launched after a two-year-long pilot.| Jody Godoy / Reuters: |
US Senator Ted Cruz introduces a bill that would let AI companies apply for exemptions from federal regulations to help them experiment with new technology — - Cruz bill would let AI companies apply for 2-year regulatory exemptions — Consumer group concerned that White House would control process| Ben Funk / HotHardware: |
Arm launches four Lumex compute subsystem CPU architectures to improve on-device AI on smartphones, PCs, and wearables, and unveils its new Mali G1-Ultra GPU — As the smartphone market has matured, the workloads that consumers expect from their tiny in-pocket mobile computers has increased drastically.| Shirin Ghaffary / Bloomberg: |
Replit raised $250M led by Prysm, nearly tripling its valuation to $3B; its annualized revenue grew from $2.8M to $150M in the past year and it has 40M users — AI coding startup Replit Inc. has raised $250 million in a funding round that nearly triples its valuation to $3 billion … | Brian Steinberg / Variety: |
Amazon and Netflix partner to let advertisers buy Netflix ad inventory via Amazon's demand-side platform, after Amazon signed a similar deal with Disney in June — Amazon and Netflix are two of the major competitors in Hollywood's streaming wars, but in at least one instance, they're ready to team up.| Foo Yun Chee / Reuters: |
The EU's General Court sides with Meta and TikTok in their legal dispute with the EC over the DSA's 0.05% supervisory fee, saying the EU's methodology is flawed — Meta Platforms (META.O) and TikTok on Wednesday won their legal fight against a European Union supervisory fee imposed … | The Information: |
| Katherine Hamilton / Wall Street Journal: |
Opendoor names Shopify COO Kaz Nejatian as its CEO, following Carrie Wheeler's ouster, and taps co-founder Keith Rabois as chairman; OPEN jumps 35%+ after hours — Kaz Nejatian will help Opendoor incorporate more artificial intelligence into its real estate platform, the company says| Emily Nicolle / Bloomberg: |
Kraken opens trading of 60+ tokenized US securities to its EU users, powered by Backed Finance's xStocks; rwa.xyz says tokenized shares' market value is ~$421M — Crypto exchange Kraken opened up trading of tokenized US securities to its customers in the European Union, expanding the reach of the nascent asset class.| Wall Street Journal: |
Sources: Meta's TBD Lab team sits in an area near Mark Zuckerberg's desk that needs special badge access, and their names are not on the company's org chart — An influx of highly paid researchers has created new status divisions, even as some recent hires have already left their jobs| Alex Weprin / The Hollywood Reporter: |
A US Treasury Department document says “digital content creators”, including podcasters, social media influencers, and streamers, are eligible for tax-free tips — A U.S. Treasury Department document includes podcasters, social media influencers and streamers among occupations eligible for tax-free tips.| Bloomberg: |
Letter to FTC Chair Andrew Ferguson: Senator Ron Wyden accuses Microsoft of “gross cybersecurity negligence”, citing hospital operator Ascension's 2024 breach — US Senator Ron Wyden says glaring cybersecurity flaws by Microsoft Corp. enabled a ransomware attack on a US hospital system …
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