Techmeme
September 19, 2025, 11:00 AM

Top News

Tim Bradshaw / Financial Times:
Sources: Nvidia is in advanced discussions to invest $500M in UK self-driving car startup Wayve, as part of a £2B pledge for UK startups; Wayve is evaluating  —  AI chipmaker's chief tells London audience that UK's first trillion-dollar company will be an AI business
Olivia Solon / Bloomberg:
New York Times:
Inside xAI's chaotic summer: Musk reorganized xAI on the fly, researchers left because xAI abandoned science in favor of attention-grabbing products, and more  —  Mr. Musk spent the summer at his artificial intelligence start-up xAI, trying to match the runaway success of OpenAI.  The result was chaos.
CNBC:
Sources: Nvidia spent $900M+ in cash and stock to hire Enfabrica CEO Rochan Sankar and others at the AI hardware startup and to license its GPU-connecting tech  —  Nvidia has just shelled out over $900 million to hire Enfabrica CEO Rochan Sankar and other employees at the artificial intelligence …
Yaël Bizouati-Kennedy / Sherwood News:
Rex-Osprey launches the first spot dogecoin and XRP ETFs in the US, after the SEC approved the Generic Listing Standards, paving the way for speedier listings  —  Rex Osprey launched the first spot XRP and doge ETFs today, while Grayscale will soon launch its just-approved multi-asset fund.  —  4h
Kieran Smith / Financial Times:
The US DOJ charges a UK teen allegedly tied to Scattered Spider over 120+ cyberattacks and the UK charged him and another teen over a Transport for London hack  —  The 19-year-old is alleged to have extracted $115mn in ransom payments from victims  —  A British teenager has been charged …
Reece Rogers / Wired:
Google unveils new AI features for Chrome, including a Gemini button and AI Mode for US desktop users, and plans to add agentic features in the next few months  —  Google weaving Gemini further into the popular Chrome browser is an inflection point for AI in our software, although some users will still be looking for the “off” switch.
Alex Wickham / Bloomberg:
MI6 launched Silent Courier, an online portal on the dark web and designed to let potential spies from Russia and elsewhere to send the agency messages securely  —  The UK's foreign intelligence service, MI6, launched a new online portal which it says will allow potential spies in Russia …
Jordan Novet / CNBC:
Notion launches customizable agents that can create documents and perform other actions in the background, and says it has passed $500M in annualized revenue  —  OpenAI's public launch of ChatGPT in November 2022 is widely viewed as the event that kicked off the generative AI boom …
M.G. Siegler / Spyglass:
The Ray-Ban Display glasses are Zuckerberg's latest attempt to reframe Meta, now on “personal superintelligence”, but they face tech and societal challenges  —  They're trying to back AI and Smart Glasses into the ‘Metaverse’...  Live tech demos are a bitch.
Jay Peters / The Verge:
Sri Muppidi / The Information:
Sources: OpenAI plans to spend ~$100B on backup servers rented from cloud providers through 2030, in addition to the $350B already projected for server rentals  —  When OpenAI in March released ChatGPT features that could turn photos into animated characters, a spike in usage forced the company to put temporary limits on the features.
Bloomberg:
Netskope closes up 18.37% at $22.49 per share in its Nasdaq debut, giving it an $8.6B market value, after the cybersecurity company raised $908.2M in its IPO  —  Netskope Inc. jumped 18% in its trading debut, after the cybersecurity firm raised $908.2 million in an initial public offering.

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Featured Podcasts

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The Upstarts Podcast:
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Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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Earlier Picks

Yusuf Khan / Wall Street Journal:
Aamir Siddiqui / Android Authority:
Leah Nylen / Bloomberg: