| Ryan S. Gladwin / Decrypt: |
Paxos says it “mistakenly minted” $300T of PayPal's PYUSD stablecoin on October 15 on the Ethereum blockchain and then “burned” the tokens 20+ minutes later — Crypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos … | Mark Gurman / Bloomberg: |
Sources: Apple executive Ke Yang, who was appointed just weeks ago as the head of the AKI team developing AI-driven web search for Siri, is leaving for Meta — The Apple Inc. executive leading an effort to develop AI-driven web search is stepping down, marking the latest in a string … | Bloomberg: |
Sources: F5 blames its breach on state-backed hackers from China who used the Brickstorm malware to infiltrate its network for 12+ months and steal source code — A potentially “catastrophic” breach of a major US-based cybersecurity provider has been blamed on state-backed hackers from China … | Bill Toulas / BleepingComputer: |
| The Keyword: |
Google releases Cell2Sentence-Scale 27B (C2S-Scale), a 27B-parameter foundation model for single-cell analysis built on its Gemma family of open models — We're launching a new 27 billion parameter foundation model for single-cell analysis built on the Gemma family of open models.| Dominic Preston / The Verge: |
Honor teases the Robot Phone, featuring an AI-enabled, gimbal-mounted camera that unfolds from the phone's rear and can shoot photos and video in any direction — But we'll have to wait until next year to find out more. … Honor has announced what it's calling the “Robot Phone … | Dominic Preston / The Verge: |
| Debby Wu / Bloomberg: |
TSMC reports Q3 net profit up 39% YoY to ~$14.8B, above est., and raises its 2025 revenue growth projection to the mid-30% range, citing “very strong” AI demand — Taiwan Semiconductor Manufacturing Co. hiked its projection for 2025 revenue growth for the second time this year … | Russell Brandom / TechCrunch: |
Anthropic releases Claude Haiku 4.5, claiming it offers similar levels of coding performance to Sonnet 4 at “one-third the cost and more than twice the speed” — On Wednesday, Anthropic released Claude Haiku 4.5, the newest version of its smallest model, billed as offering similar performance … | Anthropic: |
| Nikkei Asia: |
Sources: Microsoft aims to produce most new products, including servers and Surface laptops, outside China from 2026; AWS is also adopting a similar strategy — TAIPEI — Microsoft aims to produce the majority of its new products outside of China as early as next year … | Emily Nicolle / Bloomberg: |
Kraken acquires US-licensed futures exchange Small Exchange from IG Group, for $32.5M in cash and $67.5M in Kraken parent company's Payward stock, before an IPO — Kraken has acquired a US-licensed futures exchange from IG Group as the crypto heavyweight seeks to broaden the range of products it can offer directly to US customers.| Timmy Shen / The Block: |
Better Payment Network, a BNB Chain-based cross-border stablecoin payment company, raised a $50M seed led by YZi Labs, the VC formerly known as Binance Labs — - Better Payment Network, a stablecoin payment company, said it has secured a $50 million seed round led by YZi Labs, formerly known as Binance Labs.| Tom Warren / The Verge: |
Microsoft launches new Windows features to help weave AI into regular Windows 11 PCs, including rolling out a “Hey, Copilot!” wake word and Copilot Vision — Microsoft is rewriting Windows to turn computers into AI PCs that you talk to. … As Microsoft bids farewell to Windows 10 … | Alex Weprin / The Hollywood Reporter: |
An interview with YouTube CEO Neal Mohan on YouTube as the future of TV, paying out $100B+ to its creators, partnering with the NFL, scripted content, and more — In two decades, the app has grown from a user-generated circus into the most powerful platform on earth.| Financial Times: |
Analysis: ten loss-making AI startups, including OpenAI, gained ~$1T in valuation over the past year, fueling concerns of an inflating bubble in private markets — Unprecedented funding leads 10 groups including OpenAI and Elon Musk's xAI to gain almost $1tn in value in past year| Matt Burgess / Wired: |
How facial recognition software rejects people with facial differences, who number an estimated 100M+ worldwide, blocking them from accessing essential services — An estimated 100 million people live with facial differences. As face recognition tech becomes widespread … | Wall Street Journal: |
The White House says representatives from Microsoft, Meta, Google, and other corporate donors to the $250M ballroom attended a dinner with President Trump — Dinner set to include representatives from Lockheed Martin, Microsoft, Meta, Google, Amazon.com and Palantir| Financial Times: |
Investigation: the Trump family's crypto empire has reaped over $1B in pre-tax profits over the past year; Eric Trump says the true figure is “probably more” — The president and his family have built a rapidly growing digital assets empire which has been fuelled by the administration's industry-friendly policies| Deena Mousa / MIT Technology Review: |
How AI-powered tools like PainChek, an app that scans a person's face for tiny muscle movements, are helping healthcare providers better assess patients' pain — For years at Orchard Care Homes, a 23‑facility dementia-care chain in northern England, Cheryl Baird watched nurses fill … | Joe Rossignol / MacRumors: |
Apple doesn't include a charger in the box with the new M5 MacBook Pro in European countries, making users pay extra; the company cites local regulations — The new 14-inch MacBook Pro with an M5 chip does not include a charger in the box in European countries, including the U.K., Ireland … | Ashley Capoot / CNBC: |
Sam Altman says OpenAI is “not the elected moral police of the world” after receiving backlash for saying ChatGPT will allow “erotica for verified adults” — OpenAI CEO Sam Altman said Wednesday that the company is “not the elected moral police of the world” … | Bloomberg: |
Sources: a ransomware attack is disrupting US state and local borrowers' ability to post debt documents on the $4.3T municipal bond market's MuniOS platform — A ransomware attack is disrupting state and local borrowers' ability to post debt documents on the $4.3 trillion municipal-bond market's main distribution platform.| Martin Coulter / Sifted: |
London-based Jack & Jill, which develops conversational AI agents to streamline hiring, raised a $20M seed led by Creandum to expand into Europe and the US — The London-based AI agents startup was founded just six months ago — London-based AI startup Jack & Jill … | Dylan Butts / CNBC: |
The US FCC announces proceedings to potentially bar Hong Kong telecom HKT and its subsidiaries from accessing domestic US networks, citing its ties to China — Regulators in the U.S. have moved to block one of Hong Kong's largest telecommunications companies from accessing domestic networks, citing national security concerns.| Jagmeet Singh / TechCrunch: |
Liberate, which builds AI agents to automate insurance operations, raised a $50M Series B led by Battery Ventures at a $300M post-money valuation — Liberate, an AI startup automating insurance operations, has raised $50 million in a round led by Battery Ventures as it looks to scale … | Dave Lee / Bloomberg: |
David Sacks says Anthropic is running a “regulatory capture strategy based on fear-mongering”, responding to Anthropic co-founder Jack Clark's post on AI policy — On Tuesday, White House AI “czar” and venture capitalist David Sacks intensified a frustration that has been building for months.| @openai: |
| Steven J. Horowitz / Variety: |
Spotify partners with Sony Music Group, WMG, UMG, Merlin, and Believe to develop “responsible” AI products and is building a generative AI research lab — In a significant step towards interfacing with AI and its impact on the music industry, Spotify has partnered … | CNBC: |
The EU's aim to triple AI data center capacity over the next five to seven years sparks water scarcity concerns, especially in water-stressed Southern Europe — Europe's ambitious artificial intelligence strategy is at risk of colliding with an often overlooked but critically important environmental issue: water scarcity.| Amelia Isaacs / Pathfounders: |
Stockholm-based Encube, which uses AI to automate manufacturability analysis during hardware design, emerges from stealth and raised $23M from Kinnevik and more — As Europe seeks to regain its industrial edge, the AI-powered platform is reimagining how products are tested and built before they even reach the factory floor| Yasutaka Tamura / Bloomberg: |
Japanese chip material maker Tekscend rose 13% on its Tokyo debut after raising $1B in its IPO; Tekscend makes photomasks to transfer tiny circuits onto wafers — Tekscend Photomask Corp. shares gained 13% in their debut on the Tokyo Stock Exchange Thursday after the maker … | Rest of World: |
GiveDirectly plans to pilot a program using Google's AI-based Flood Hub, which provides forecast warnings, to send early aid to at-risk families in Bangladesh — Using Google's Flood Hub, nonprofit trial program sends early warning and unconditional cash to workers.
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| Jagmeet Singh / TechCrunch: |
| Jordan Novet / CNBC: |
| Reuters: |
| David Pan / Bloomberg: |