Techmeme
September 24, 2025, 10:25 AM

Top News

Wired:
OpenAI, Oracle, and SoftBank announce five new data center locations in the US, boosting Stargate's planned capacity to nearly 7 GW  —  The new sites will boost Stargate's planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear reactors.
Ted Hesson / Reuters:
Financial Times:
A look at some uncertainties surrounding Nvidia's proposed $100B investment in OpenAI, including concerns about the agreement's circular structure  —  Jensen Huang seeks to ensure US chipmaker stays at the heart of new tech  —  Tim Bradshaw in London, George Hammond in Abilene, Texas and Stephen Morris in San Francisco
Elizabeth Chamberlain / iFixit News:
iPhone 17 Pro teardown: the anodized aluminum scratches badly around the camera plateau edge, the screwed-in battery is a nice repairability upgrade, and more  —  iPhone 17 Pro Teardown  —  The anodized aluminum finish on the brand new iPhone 17 Pro is gorgeous, right up until it meets …
Imran Rahman-Jones / BBC:
UK's National Crime Agency says it's arrested a man in connection with a cyberattack that has caused days of disruption at Heathrow and other European airports  —  A person has been arrested in connection with a cyber-attack which has caused days of disruption at several European airports including Heathrow.
Luz Ding / Bloomberg:
Alibaba's Hong Kong-listed shares hit a nearly four-year high after CEO Eddie Wu announced plans to increase AI spending beyond the $53B target over three years  —  Alibaba Group Holding Ltd.'s shares surged to their highest in nearly four years after revealing plans to ramp up AI spending past …
Simon Willison / Simon Willison's Weblog:
Bloomberg:
Sources: Tether is in talks to raise $15B to $20B in exchange for a ~3% stake through a private placement in a deal that could value the company at ~$500B  —  Tether Holdings SA, issuer of the world's largest stablecoin, is in talks with investors to raise as much as $20 billion …
Washington Post:
How Trump leveraged Biden's TikTok ban law to help allies gain control of the app, amid fears it could be used to boost pro-Trump content and suppress criticism  —  The Biden administration argued a forced sale of the app would protect it from political influence.
Saritha Rai / Bloomberg:
Bain: by 2030, AI companies will need $2T in combined annual revenue to fund compute power to meet projected demand, but are likely to fall short by $800B  —  Artificial intelligence companies like OpenAI have been quick to unveil plans for spending hundreds of billions of dollars on data centers …
Xavier René-Corail / The GitHub Blog:
GitHub outlines plans to secure npm following multiple supply-chain attacks, including deprecating legacy classic tokens and migrating users to FIDO-based 2FA  —  Addressing a surge in package registry attacks, GitHub is strengthening npm's security with stricter authentication, granular tokens …
Ashleigh Fields / The Hill:
In a letter to Rep. Jim Jordan, YouTube says it will reinstate creators it banned for COVID and election misinfo, and blames Biden officials for the bans  —  YouTube's parent company, Alphabet, on Tuesday said it would reinstate creators previously banned for spreading misinformation about COVID-19 and false election content.
Ivan Mehta / TechCrunch:
Emergent, which lets non-technical users build apps via AI agents that handle coding errors and more, raised a $23M Series A, bringing its total funding to $30M  —  In the last decade, as the camera quality of smartphones improved, platforms like Instagram, YouTube, and TikTok rose in popularity for photo and video sharing.
Jeremy Kahn / Fortune:
Synthesized, which is developing AI tools to automate software testing, raised a $20M Series A led by Redalpine  —  Synthesized, a London- and New York-based startup that uses artificial intelligence to automate software testing, has raised $20 million in new venture capital funding …
Catharine Tunney / CBC News:
A joint investigation by Canadian privacy authorities finds TikTok collected sensitive personal data from hundreds of thousands of Canadian children under 13  —  Social media platform removing 500,000 Canadian kids from its platform each year  —  The immensely popular social media app TikTok …
Lucinda Shen / Axios:
WeTravel, whose travel payments software is used by group travel operators, raised a $92M Series C at a ~$450M valuation, up from ~$100M in 2022  —  WeTravel, a travel payments software company, raised $92 million in Series C funding, CEO Ted Clements tells Axios.
The Economic Times:
Indian digital payments giant PhonePe confidentially files for an IPO in India, seeking to raise $1.5B, sources say at a valuation of $15B  —  PhonePe, supported by Walmart, has confidentially filed its DRHP with SEBI.  The digital payments platform reduced its net loss by 13.4% to Rs 1,727.4 crore …
The Economic Times:
Tracxn: funding for Indian digital lending startups fell to $462M between January and August 2025 from $1.1B a year earlier, after RBI tightened lending norms  —  Funding into digital lending startups slumped to $462 million between January and August 2025 from $1.1 billion a year earlier …
Benjamin Mayo / 9to5Mac:
Apple postpones the release of Apple TV+ show The Savant this Friday; its trailer faced backlash for allegedly misrepresenting right-wing ideologies  —  Apple has quietly cancelled the release of The Savant, which was set to hit Apple TV+ this Friday, September 26.

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Ivan Mehta / TechCrunch:

Earlier Picks

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Bloomberg:
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