Techmeme
October 8, 2025, 7:25 AM

Top News

Bloomberg:
Nvidia and OpenAI's recent wave of circular deals and partnerships is escalating concerns that they are artificially propping up the $1T+ AI market  —  A wave of deals and partnerships are escalating concerns that the trillion-dollar AI boom is being propped up by interconnected business transactions.
Bloomberg:
Sources: xAI nears a deal to raise $20B in equity and debt, tied to the Nvidia GPUs that xAI plans to use in Colossus 2; Nvidia is investing as much as $2B  —  Elon Musk's artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia Corp …
Caleb Mutua / Bloomberg:
Tom Warren / The Verge:
Microsoft delays Xbox Game Pass Ultimate price hikes for existing subscribers in Germany, Ireland, South Korea, India, and others, after announcing a 50% hike  —  Current subscribers in some European countries won't be affected by Microsoft's Game Pass price hikes just yet.
Naga Avan-Nomayo / The Block:
Polymarket CEO Shayne Coplan says the startup raised two undisclosed rounds: $55M at a $350M valuation in 2024 and $150M at a $1.2B valuation earlier in 2025  —  - Polymarket CEO Shayne Coplan says the prediction platform raised $55 million in 2024 and $150 million earlier this year.
The Keyword:
Google releases the Gemini 2.5 Computer Use model, built on Gemini 2.5 Pro's capabilities to power agents that can interact with UIs, in preview via the API  —  Available in preview via the API, our Computer Use model is a specialized model built on Gemini 2.5 Pro's capabilities to power agents that can interact with user interfaces.
Bloomberg:
Sources: $TRUMP issuer Fight Fight Fight LLC is working to raise at least $200M to create a digital asset treasury company to accumulate the struggling token  —  The startup that issued Donald Trump's memecoin several days before his second presidential inauguration is working to raise …
Anthropic:
Anthropic plans to open its first Indian office in Bengaluru in early 2026; Dario Amodei is visiting India to meet government officials and potential partners  —  Today we're announcing that we're expanding our global operations to India, with plans to open an office in Bengaluru in early 2026.
Washington Post:
An analysis of 1,100 TikTok users' watch histories across six months in 2024 shows how effective TikTok is at getting even its heaviest users to watch more  —  More than 800 U.S. TikTok users shared their data with The Washington Post.  We used it to find out why some people become power users, spending hours per day scrolling.
Nick Lichtenberg / Fortune:
Harvard economist Jason Furman estimates that investments in data centers and information-processing software accounted for 92% of US GDP growth in H1 2025  —  U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology …
Bloomberg:
Michel Devoret, a Google Quantum AI chief scientist, John Martinis, who left Google in 2020, and John Clarke win the Nobel in Physics for quantum computing work  —  Two physicists integral to efforts by Alphabet Inc.'s Google to build working quantum computers have been awarded the Nobel Prize …
Dasha Afanasieva / Bloomberg:
US House lawmakers release a report criticizing ASML, Tokyo Electron, and other equipment makers for helping build China's chip industry; ASML fell more than 7%  —  ASML Holding NV shares fell after US lawmakers accused the Dutch chip equipment maker of boosting China's semiconductor industry …
Anthropic:
Anthropic releases Petri, an open-source tool using AI agents for safety testing, and says it observed multiple cases of models attempting to blow the whistle  —  Petri (Parallel Exploration Tool for Risky Interactions) is our new open-source tool that enables researchers to explore hypotheses about model behavior with ease.
Amos Zeeberg / New York Times:
Researchers are investigating using synthetic diamonds to help cool AI data center chips; De Beers-owned Element Six has long used diamonds in satellite chips  —  Data centers squander vast amounts of electricity, most of it as heat.  The physical properties of diamond offer a potential solution, researchers say.
John Revill / Reuters:
SoftBank Group agrees to acquire ABB's robotics business, which generated $2.3B in sales in 2024, for $5.4B, in a deal expected to close in mid-to-late 2026  —  SoftBank Group (9984.T) said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S) in a $5.4 billion deal.

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Sequoia CEO coach: Why it's never been easier to start a company, and never been harder to scale one | Brian Halligan (co-founder, HubSpot)
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Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
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More News

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Earlier Picks

Katelyn Chedraoui / CNET:
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Emma Roth / The Verge:
Theo Wayt / The Information:
Belle Lin / Wall Street Journal: