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October 13, 2025, 11:15 AM
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memeorandum
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| Wall Street Journal: |
OpenAI and Broadcom agree to co-develop and deploy 10GW of custom AI chips to run OpenAI's models over four years; sources: the deal is worth multiple billions — The companies plan to deploy 10 gigawatts of custom AI chips over the next four years — OpenAI and Broadcom are working together …
More: OpenAI, Engadget, CNBC, Latest from Tom's Hardware, The Verge, Livemint, Business Insider, Capital Brief, Los Angeles Times, The Information, Reuters, New York Times, Bloomberg Law, MediaPost, Proactive, Benzinga, Dow Jones Newswires, Analytics India Magazine, WinBuzzer, Yahoo Finance, Financial Times, Motley Fool, and Barron's Online
X: @patrickmoorhead, @patrickmoorhead, @benbajarin, @gdb, @benbajarin, @marceloplima, @deitaone, @openainewsroom, @kenziesigalos, and @zephyr_z9. Bluesky: @sungkim. Forums: r/wallstreetbets
| Emma Roth / The Verge: |
Slack is testing an AI-based version of Slackbot that acts as a personalized assistant, operating via AWS' virtual private cloud, rolling out at the end of 2025 — The revamped Slackbot acts more like an AI companion that can help you create plans, schedule meetings, find files, and more.| Larry Dignan / Constellation Research: |
At Dreamforce 2025, Salesforce unveils Agentforce 360, a unified agentic AI stack to connect humans, AI agents, and more, and positions Slack as an “agentic OS” — Salesforce announced a series of product updates, a process intelligence acquisition and an Agentforce 360 architecture designed … | Bloomberg: |
CoinGecko: crypto's combined market cap rises 6%+ to hit $4T, recovering from a brutal weekend selloff as President Trump tries to calm US-China trade war fears — Most major cryptocurrencies rebounded from steep losses suffered over a brutal weekend selloff, as President Donald Trump sought … | Financial Times: |
The Dutch government takes control of Chinese-owned Dutch chipmaker Nexperia using its Goods Availability Act, a first, to safeguard chip supply for Europe — Move by The Hague escalates frictions between western countries and Beijing over access to high-end technology
More: Government.nl, CNBC, BBC, DatacenterDynamics, Pekingnology, The Register, UPI, South China Morning Post, ZeroHedge News, Euractiv, Reuters, Silicon Republic, and Silicon Canals
X: @zerohedge, @fbermingham, @fbermingham, @naijaflyingdr, @shaunrein, @teortaxestex, @kanthan2030, @ricwe123, @kaiserkuo, @kuittinenpetri, @fbermingham, @fbermingham, @onechancefreedm, @vtchakarova, @nuryvittachi, @dancollins2011, @kanthan2030, @fpgax_, @fbermingham, and @fbermingham
Bluesky: @sensehofstede.nl and @jauntywk
Forums: r/europe, r/technology, r/NewsWithJingjing, and r/Poldersocialisme
| Tyler Katzenberger / Politico: |
California Governor Gavin Newsom signs AB 56, which requires social media companies to add warning labels on mental health risks for users under 18 in the state — “Emerging technology like chatbots and social media can inspire, educate and connect — but without real guardrails …
More: Bloomberg Law, Governor of California, and Sacramento Bee
| Rebecca Bellan / TechCrunch: |
California Governor Gavin Newsom signs SB 243, which mandates safety protocols for AI chatbot companions, the first state law to regulate such AI chatbots — California Governor Gavin Newsom signed a landmark bill on Monday that regulates AI companion chatbots, making it the first state … | Financial Times: |
Sources: London-based self-driving tech startup Wayve is in early stage talks with Microsoft and SoftBank to raise between $1B and $2B, valuing Wayve at ~$8B — London-based group seeks valuation of $8bn as global investors snap up deals with fast-growing AI start-ups
More: Reuters, Sifted, Implicator.ai, and Dow Jones Newswires
| Stephanie Stacey / Financial Times: |
Strava CEO Michael Martin says Strava plans to launch a US IPO; Sensor Tower says Strava has 50M MAUs and users spent $180M+ on Premium in the year to September — CEO Michael Martin targets US IPO to raise capital for deals to keep Strava ahead of rivals including Garmin and Nike| Paul Sandle / Reuters: |
Ofcom fines 4chan £20K under the OSA for failing to provide info on the risk of illegal content; the UK's tech minister says the government “fully backed” Ofcom — Britain said on Monday it had issued U.S. internet forum site 4chan with a 20,000 pound ($26,644) …
More: Ofcom, The Verge, The Record, The Register, Politico, The Independent, UKTN, and BelfastTelegraph.co.uk
| Eshe Nelson / New York Times: |
Joel Mokyr, Philippe Aghion, and Peter Howitt win the Nobel Prize in Economics for their work on how tech progress and sustained economic growth are related — Joel Mokyr, Philippe Aghion and Peter Howitt won the prize for showing how “society must keep an eye on the factors that generate …
More: NPR, Forbes, NobelPrize.org, Axios, NobelPrize.org, Financial Times, Reuters, The Indian Express, and Bloomberg
X: @mattyglesias, @patrickc, and @nobelprize
| Alex Traub / New York Times: |
John Searle, known for “the Chinese Room” thought experiment on AI consciousness, died on Sept. 16 at 93; his UCB tenure ended over alleged sexual harassment — His blunt debating and imaginative theorizing about artificial intelligence and the human mind made him a leading scholar.
More: Colin McGinn, IFLScience, Daily Nous, The Guardian, Daily Californian, and The Times
X: @atroyn, @eigenrobot, @teortaxestex, @thatguybg, and @romanyam
| George Hammond / Financial Times: |
OpenAI's multibillion-dollar Nvidia and AMD deals add a new layer to its complicated ownership structure and dilute shareholders, like Microsoft and SoftBank — Microsoft, OpenAI's staff and non-profit arm are due close to 90% of start-up. But Nvidia deal will dilute shareholders
More: ComputerWeekly.com and TechCrunch
| Robert Olsen / Forbes: |
New York- and London-based ClaimSorted, which uses AI to help speed up insurance claims and works with 20+ insurers, raised a $13.3M seed led by Atomico — Robert Olsen is a journalist covering transatlantic business news. … The tedious, time-consuming process of settling insurance claims is practically begging for disruption.
More: FinTech Global, EU-Startups, and BusinessCloud
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