Techmeme: Internal memo: in a first, Samsung plans to award shares and bonuses based on stock price to employees and will let staff get up to 50% of their payout in stock (Yoolim Lee/Bloomberg)

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October 14, 2025, 5:35 AM

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Matt Levine / Bloomberg:

OpenAI's massive deals show Sam Altman is selling a vision of a world-changing product and achieving it via world-changing financial engineering to raise $1T+ — Also crypto liquidations, inverse levered ETFs, stock buybacks and trade secrets. — OpenAI — The essence of finance is time travel.

X: @0xdevshah, @investingidiocy, @davideborall, @jamesplloyd, @stephaniekelton, and @ns123abc

Bluesky: @matt-levine and @timothypmurphy. Mastodon: @mjd@mathstodon.xyz

The Information:

Sources: OpenAI is working with Arm to develop a CPU designed to work with the AI chip OpenAI is developing with Broadcom; TSMC will manufacture the AI chip — OpenAI's development of its own artificial intelligence chip could end up benefiting SoftBank, one of its biggest shareholders …

More: Fortune, MarketWatch, The Fast Mode, and DigiTimes

Ashley Capoot / CNBC:

Charlie Kawwas, president of Broadcom's semiconductor group, says OpenAI is not the $10B customer the company announced during its earnings call in September

More: WXOW-TV and Business Insider

X: @benbajarin. Forums: r/technology

MacKenzie Sigalos / CNBC:

Broadcom closed up 9.88% following the announcement of its OpenAI custom chip deal; Broadcom's stock is up 50%'s in 2025 after more than doubling in 2024

More: The Hans India, Digit, and South China Morning Post

Forums: r/OKLOSTOCK and r/hardware

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

More: OpenAI, eWeek, Radio Free Mobile, The Chosun Daily, Finance Magnates, Verdict, The Next Platform, Yahoo Finance, StrictlyVC, DigiTimes, The Information, Australian Financial Review, OpenAI on YouTube, SiliconANGLE, ServeTheHome, Fast Company, Nairametrics, Windows Report, Bloomberg, Capacity, Bloomberg Law, Techstrong.ai, Wall Street Pit, Bloomberg, Benzinga, ZeroHedge News, Australian Financial Review, The Verge, Proactive, Daily Sabah, The Information, New York Times, and Financial Times

Bluesky: @ketanjoshi.co, @edzitron.com, and @sungkim. Threads: @benedictevans

Forums: r/singularity and r/wallstreetbets

Michael Kan / PCMag:

Nvidia says it will begin selling the DGX Spark mini PC for AI developers on October 15 on Nvidia.com and select third-party retailers for $3,999 — (PCMag/Michael Kan) … It's not a consumer desktop, but Nvidia's foray into an AI developer-focused mini PC is finally ready to launch.

Mike Wheatley / SiliconANGLE:

Nvidia says it is donating the Vera Rubin NVL144 server rack architecture to the Open Compute Project and outlines its vision for “gigawatt AI factories” — Nvidia Corp. took to the stage at the 2025 OCP Global Summit in San Jose today to talk about how it's collaborating …

More: Open Compute Project, Network World, NVIDIA, Nvidia Newsroom, HPCwire, AIwire, StorageReview.com, Analytics India Magazine, and TechPowerUp. X: @rohanpaul_ai

Wired:

Researchers used an off-the-shelf system to compile a vast collection of private data, including T-Mobile users' calls and texts, sent by satellites unencrypted — With just $800 in basic equipment, researchers found a stunning variety of data—including thousands of T-Mobile users' calls …

More: SATCOM Security, UCSD CSE - Systems and Networking, Cointelegraph, and sysnet @ UCSD on GitHub

X: @matthew_d_green, @matthew_d_green, @wired, and @distributeddave. Bluesky: @couts

Mastodon: @matthew_d_green@ioc.exchange and @agreenberg@infosec.exchange

Forums: Hacker News, r/technews, r/TrueReddit, and r/technology

Yoolim Lee / Bloomberg:

Samsung projects Q3 operating profit up 32% YoY to ~$8.47B, vs. ~$6.8B est., its biggest quarterly profit in over three years, as AI development accelerates — Samsung Electronics Co. reported its biggest quarterly profit in more than three years in a sign of healthy AI chip demand …

More: Samsung Newsroom, Neowin, Dow Jones Newswires, Financial Times, Reuters, SamMobile, The Chosun Daily, and Yonhap News Agency

Yoolim Lee / Bloomberg:

Internal memo: in a first, Samsung plans to award shares and bonuses based on stock price to employees and will let staff get up to 50% of their payout in stock — Samsung Electronics Co. is awarding shares and bonuses based on stock price to rank-and-file employees for the first time …

Rebecca Bellan / TechCrunch:

California Governor Gavin Newsom signs SB 243, which mandates safety protocols for AI chatbot companions, the first US 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 …

Tyler Katzenberger / Politico:

California Gov. Gavin Newsom vetoes SB 771, which would've fined social media companies if their algorithms intentionally promoted violent or extremist content

More: Office of the Governor and Washington Times

X: @conor64, @carolyniodice, @globalaffairs, @thefireorg, and @chrisgrayson

Tyler Katzenberger / Politico:

California Governor Gavin Newsom signs AB 1043, which requires device makers and app stores to verify users' ages; Google, Meta, and OpenAI supported the bill

More: Engadget, The San Francisco Standard, Office of the Governor, CCIA, iThinkDifferent, The Daily Caller, AppleInsider, The Verge, and Politico

X: @davidbaszucki. Bluesky: @marypcbuk. Forums: Slashdot

See also Mediagazer

Andrew J. Hawkins / The Verge:

Microsoft unveils MAI-Image-1, its first text-to-image AI model developed in house, and says it excels at photorealistic imagery, like lighting and landscapes — The model has already secured a spot in the top 10 of LMArena. … Microsoft AI just announced its first text-to-image generator …

More: Microsoft AI, Business Standard, Windows Report, Digit, Moneycontrol, Neowin, MarkTechPost, SiliconANGLE, and Engadget

X: @mustafasuleyman and @arena

Brayden Lindrea / Cointelegraph:

Bhutan announces that it is migrating its national ID system for roughly 800,000 residents from Polygon to Ethereum, with completion expected by Q1 2026 — The Kingdom of Bhutan has tapped Ethereum to store the national identities of its roughly 800,000 citizens, leveraging the network's immutability and decentralization.

More: BBSCL, Decrypt, Blockonomi, Coinpedia Fintech News, BeInCrypto, crypto.news, The Crypto Basic, The Block, BeInCrypto, The Crypto Times, and Cryptonews

X: @ayamiyagotchi, @ayamiyagotchi, @thedevanshmehta, and @timourxyz. Forums: r/CryptoCurrency

Joe Tidy / BBC:

The UK's NCSC dealt with a record 204 “nationally significant” cyberattacks in the year to August, up 89% YoY, and “highly significant” cyberattacks rose by 50% — People should plan for potential cyber-attacks by going back to pen and paper, according to the latest advice.

More: National Cyber Security Centre, The Record, The Guardian, Infosecurity, UKTN, ComputerWeekly.com, Reuters, Bloomberg, The Standard, The Independent, The Cyber Express, Financial Times, and Bloomberg. X: @alexwickham

Michael Kan / PCMag:

Meta brings back job listings on Facebook, available for mobile users in the US via a dedicated Jobs tab in Marketplace, and across Groups and Pages — As AI reshapes the jobs market, Facebook is reviving its jobs board to help “young adults” find local entry-level work.

More: Meta Newsroom, The Verge, Digital Trends, Tech Times, Neowin, Social Media Today, CNET, Investing.com, Seeking Alpha, and TipRanks Financial

X: @meghanbobrowsky. Threads: @omr.zhrn and @hoandesign

Hugh Son / CNBC:

JPMorgan Chase launches a decade-long plan to invest $10B in industries critical for national security, including “frontier” tech like AI and quantum computing — JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take direct stakes in companies it considers crucial to U.S. interests.

More: JPMorganChase, Watcher Guru, Dailyfly News, The Daily Hodl, Forbes, and Wall Street Journal

X: @spencerhakimian, @jpmorgan, @johncornyn, @ericjackson, @pronounced_kyle, @packym, and @piratewires. LinkedIn: Daniel Tu. Forums: r/OKLOSTOCK

Jaures Yip / CNBC:

Quantum computing stocks jumped after JPMorgan announced a $10B strategic tech investment; Arqit, D-Wave, Rigetti, and IonQ each rose about 20%

More: MarketWatch, The American Bazaar, Motley Fool, The Information, Reuters, SiliconANGLE, and Business Wire

X: @quantian1, @martinshkreli, @cvpayne, and @connorjbates_. Bluesky: @dropthepackets.net

Financial Times:

Sources: Bank of England officials are holding up Revolut's full UK licence over concerns about whether its risk controls can keep pace with its global growth — Europe's most valuable start-up has waited years for approval to begin lending in its home market

More: Sifted and RTÉ

Allison Johnson / The Verge:

Google updates Search to group paid results into a collapsible section with a single, larger “Sponsored” label at the top and a hide button at the bottom — Ads in your search results might be a little less annoying now. … Ads in Google search results are getting a more prominent label …

More: The Keyword, Neowin, PhoneArena, Social Media Today, Engadget, Android Police, Droid Life, Entrepreneur, Android Authority, Search Engine Roundtable, and Search Engine Land. Bluesky: @nanlinear

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From Mediagazer

Sara Guaglione / Digiday:

About 60% of the Reuters newsroom uses AI tools, including one that suggests what to cover based on press releases and another that creates first drafts

Jem Bartholomew / Columbia Journalism Review:

Q&A with Mohsin Hamid, co-founder of Equator magazine, which aims to be a “post-American” magazine of politics and culture, avoiding a “Western-centric gaze”

Matt Slater / The Athletic:

In a global first, DAZN will broadcast a live match between two teams in the National League, the fifth tier of English soccer, for free on its TikTok account

More News

Michael Schneider / Variety:

TiVo confirms that it exited the hardware business on October 1 when it stopped selling DVRs, but says it will continue to offer support for the products

More: Advanced Television, Los Angeles Times, AdExchanger, ME, and PCMag

Rhitu Chatterjee / NPR:

A new study of 6,554 children aged 9 to 10 found that social media users scored lower on reading, vocabulary, and memory tests two years later than non-users

More: 9News, JAMA, and MedPage Today. Forums: r/technology

Manish Singh / India Dispatch:

A look at quick commerce in India and China: India's ecosystem is evolving into a retail-media play, while China's is being used as a weapon in platform wars

More: KrASIA

Sylvia Pfeifer / Financial Times:

Dealroom: 230+ European defense tech startups have launched since Russia's invasion of Ukraine, driven by interest in drones, as investors foresee a shake-out

Anniek Bao / CNBC:

Sources: Tata Electronics bought the Indian unit of Justech Precision, a China-based Apple supplier that provides CNC machines to Foxconn, for ~$100M in August

More: Financial Express, Business Standard, and The Economic Times

The Hindu:

Indian officials say that over the past year, all 1.2M email addresses of Central Government employees migrated to a platform developed by Chennai-based Zoho

More: The Economic Times and Moneycontrol

X: @vijaita and @kbssidhu1961. Forums: r/india

Shashank Pathak / Entrackr:

Mumbai-based wealth management startup Dezerv raised a ~$40M Series C co-led by Premji Invest and Accel's Global Growth Fund, taking its total funding to ~$100M

More: VCCircle, Business Standard, YourStory, The Hindu BusinessLine, Dezerv, Inc42 Media, Moneycontrol, and The Economic Times. LinkedIn: Dezerv

Saeed Azhar / Reuters:

Goldman Sachs agrees to acquire multi-stage investment firm Industry Ventures, which has $7B AUM, for $665M in cash and equity plus $300M tied to performance

More: TechCrunch, CNBC, Bloomberg, Tech Funding News, Morningstar, Inc., Yahoo Finance, The Information, Pulse 2.0, PitchBook, Wall Street Journal, Financial Times, Barron's Online, and Goldman Sachs

X: @ianrountree, @howardlindzon, @pitdesi, and @goldmansachs

Earlier Picks

Abner Li / 9to5Google:

Google updates NotebookLM's Video Overviews, adding six new Nano Banana-powered visual styles and a new “Brief” format for quick insights

More: Business Standard, The Keyword, The Hindu, Engadget, Digit, The Verge, BGR, CNET, TechRadar, TestingCatalog, Ars Technica, Neowin, PCMag, The Economic Times, AndroidGuys, XDA Developers, Thurrott, and Search Engine Land

Krystal Hu / Reuters:

Data integration startup Fivetran and data management startup dbt Labs announce a merger in an all-stock deal; Fivetran CEO will be CEO of the combined company

More: Business Wire, Technical.ly, SiliconANGLE, and The Information

LinkedIn: Arnab Sen, Colleen Kapase, and Sakib Dadi. Bluesky: @launchit.ai

Forums: Hacker News and r/dataengineering

Andrej Karpathy / @karpathy:

Andrej Karpathy unveils nanochat, a full-stack training and inference implementation of an LLM in a single, dependency-minimal codebase

More: Simon Willison's Weblog and Analytics India Magazine

X: @karpathy, @karpathy, @dimitrispapail, @karpathy, @karpathy, @simonw, @yuchenj_uw, @dorialexander, @karpathy, @code_star, @karpathy, @mascobot, and @clementdelangue

Bluesky: @garvanwalshe.org and @elkmovie

Liz Hoffman / Semafor:

Sources: Raymond Zage and James Lu, who control most of Grindr, are in talks to take it private after a Temasek unit sold shares pledged for personal loans

More: Silicon UK, TechCrunch, Bloomberg, Reuters, and ZeroHedge News

Ryan Christoffel / 9to5Mac:

Apple says the iPhone Air will go on sale in China on October 22, after initially delaying its launch due to regulatory issues with the Air's eSIM-only design