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October 6, 2025, 8:00 AM
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memeorandum
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| MacKenzie Sigalos / CNBC: |
OpenAI and AMD announce a deal as part of which OpenAI could take a 10% stake in AMD and deploy up to 6GW of Instinct GPUs over multiple years; AMD jumps 20%+ — - OpenAI and AMD have reached a deal that could see Sam Altman's company take a 10% stake in the chipmaker
More: Wall Street Journal, OpenAI, DatacenterDynamics, CTech, Tom's Hardware, New York Times, Reuters, Financial Times, Bloomberg, Business Insider, The Verge, TVNewsCheck, and ZeroHedge News
X: @patrickmoorhead, @amd, and @amd
Forums: r/AMD_Stock, r/artificial, r/hardware, r/Finanzen, r/intelstock, and r/AMD_Stock
| Alexander Saeedy / Wall Street Journal: |
Source: xAI is set to spend $18B+ to acquire ~300K more Nvidia chips for its Colossus 2 project in Memphis; Elon Musk said in July it would have 550K chips — xAI aims to win tech arms race with ‘Colossus’ data centers, thrown up at lightning speed; city divided over massive power and water demands| Isabella Simonetti / Wall Street Journal: |
A profile of EA CEO Andrew Wilson, who is expected to stay in the role, as Silver Lake's Egon Durban hails him for building EA's “crown jewel” sports business — He's a charming Aussie surfer who plays videogames and has a black belt in jiu-jitsu.
More: PC Games Insider and TheGamer
| Jason Schreier / Bloomberg: |
More: PC Gamer and Sherwood News
X: @bangbangclick, @grummz, @alegendarydrops, and @ppphyl
Bluesky: @jasonschreier, @iosam, @mikefulk, and @frydawolff
| Financial Times: |
Sources: Oaktree, EQT, DWS, and other private capital groups are seeking to cash in on the US-driven AI boom, launching €17B of European data center sales — Oaktree Capital, Partners Group and EQT among those seeking to cash in on AI boom — Private capital firms are seeking to cash … | Dell Cameron / Wired: |
US federal contracting records suggest US ICE is planning to hire ~30 contractors to monitor social media content, seeking leads for enforcement operations — Documents show that ICE plans to hire dozens of contractors to scan X, Facebook, TikTok, and other platforms to target people for deportation.
More: Engadget, International Business Times, and The Independent
X: @darrigomelanie, @tervalas, @nykrindc, @not_conjecture, @mehdirhasan, @reichlinmelnick, and @wired
Bluesky: @whodat35, @beingliberal, @couts, @mims, @econaturalist, @juliegoldberg, @nicktsergas.ca, and @alcappuccinoit
Forums: Hacker News, r/politics, r/technews, r/law, r/immigration, r/JoeRogan, r/fednews, r/politics, r/technology, r/technology, r/technology, and Ars OpenForum
| Cory Doctorow / The Guardian: |
A book excerpt details the “enshittification” of Amazon, and how its “flywheel” technique now enriches the company at the expense of merchants — Sick of scrolling through junk results, AI-generated ads and links to lookalike products?
More: New York Times, Ace of Spades HQ, and Financial Times
X: @yoginho, @naomi_fowler, @cultrhack, @frasermatthew, @roycewilsonau, @unisondave, @bernstein, @keirmilburn, and @economicsinten
Bluesky: @lotta-kaa, @davidhendy, @bikebikeyyc, @hetanshah, @michaelsderby, @wseltzer, @coupdegraz7, @margaretmorgan, @amerliberal, @aurelmondon, @zeldman, @kevingallatin, @marklemley, @cyberlyra, @katiesaurusseven, and @htfb
Forums: Hacker News, r/technology, r/TrueReddit, r/BetterOffline, Beehaw, and Slashdot
| Martin Arnold / Financial Times: |
The European Securities and Markets Authority plans to centralize the regulation of stock exchanges, crypto companies, and clearing houses at an EU level — Esma chair says move would help boost bloc's capital markets by removing supervision from 27 separate authorities
More: Cryptonews
| Heather Knight / New York Times: |
A profile of Riley Walz, whose tech-related pranks in San Francisco blend technical skill with social commentary, including a viral site to track parking police — The parking police in San Francisco always seem to know when a car has stayed just seconds too long at a curb or a meter has gone unfed.
X: @rtwlz, @ritwikpavan, @yimbyland, @tbpn, @questionableway, @rowanfornow, @pitdesi, @bryancsk, @opinonhaver, @humantransit, @armanddoma, and @terronk. Forums: r/sanfrancisco
| Martha Muir / Financial Times: |
A look at cost and viability concerns over small nuclear reactors in the US, as the government, tech companies, and investors bet on SMRs to power the AI boom — Small reactors could prove too costly to be viable despite $9bn investment in power for AI boom
More: MIT Technology Review, CNBC, The Indian Express, and Bloomberg
| Bloomberg: |
Sources: Veeam, which offers data backup and disaster recovery tools, is in advanced talks to acquire data privacy management software maker Securiti for ~$1.8B — Veeam Software is in advanced talks to buy data privacy management software maker Securiti for about $1.8 billion, according to people familiar with the matter.| MacKenzie Sigalos / CNBC: |
A look at OpenAI's search for the sites of its Stargate data centers in the US; OpenAI has received 800+ applications since January and has 20 finalist sites — It wasn't how Keith Heyde envisioned celebrating the holidays. Rather than hanging out with his wife back home in Oregon … | Financial Times: |
Tech companies in the UK, Canada, and elsewhere seek talent amid the US H-1B clampdown, though some skeptics doubt Trump's policies will spur a tech boom abroad — Companies in the UK, Canada and elsewhere hope to attract more skilled workers — Rafe Rosner-Uddin in London …
More: The Ken
| BBC: |
A look at major UK businesses hit by cyberattacks in 2025; a government survey estimates 43% of businesses and 30% of charities were hit in the past 12 months — The true cost of cyber attacks on UK business is greater than it seems — Are this year's major attacks the …
More: New York Times
| Financial Times: |
AstraZeneca signs $555mn AI deal to develop gene-editing therapies — Pharmaceutical company is latest to invest in artificial intelligence to speed drug development — AstraZeneca has signed a $555mn deal with a San Francisco-based biotech business that specialises in artificial intelligence …
More: NDTV Profit and Reuters
| Mark Gurman / Bloomberg: |
Another look at Apple's executive succession, as it increases the spotlight on hardware chief John Ternus; sources: Apple weighed hiring a senior Meta AI exec — Apple is intensifying the spotlight on hardware chief John Ternus as executive succession looms.
More: AppleInsider, Moneycontrol, International Business Times, Wired, The Economic Times, MacRumors, Tech Nativez, Tom's Guide, AppleInsider, New York Times, Fortune, Trusted Reviews, Neowin, Digit, Benzinga, Appleosophy, Wccftech, iPhone in Canada, AppleInsider, PhoneArena, iThinkDifferent, Philip Elmer‑DeWitt, AppleInsider, PhoneArena, iClarified, and Forbes
Forums: r/apple and MacRumors Forums
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