Techmeme
October 28, 2025, 9:50 AM

Top News

Bret Taylor / OpenAI:
OpenAI says it has “completed our recapitalization”, the OpenAI Foundation now has equity valued at ~$130B, and it continues to control the OpenAI for-profit  —  OpenAI has completed its recapitalization, simplifying its corporate structure.  The nonprofit remains in control …
Bloomberg:
Amazon says it will cut ~14,000 jobs from its corporate workforce, after cutting 27,000 across 2022 and 2023; the company had 1.55M employees globally in June  —  Amazon.com Inc. plans to eliminate roughly 14,000 corporate jobs just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company's workforce.
Washington Post:
Grokipedia, a Grok-based encyclopedia, launches with 885K+ articles, drawing from Wikipedia content; Elon Musk called it “a massive improvement” over Wikipedia  —  The right-leaning tech magnate is touting his own online encyclopedia as an unbiased alternative, but it went down after about an hour.
Jay Peters / The Verge:
Jess Weatherbed / The Verge:
At its Adobe Max event, Adobe unveils AI tools for Photoshop, Premiere Pro, and Lightroom, and says Firefly Image 5 can generate images in native 4MP resolution  —  Adobe's Creative Cloud and Firefly apps are adding new ways to do labor-intensive photo and video editing tasks for you.
Steven Adler / New York Times:
An ex-OpenAI staffer of four years says it isn't doing enough to protect users, especially those with mental health issues, and needs to offer more than words  —  I've read more smut at work than you can possibly imagine, all of it while working at OpenAI.  —  Back in the spring of 2021 …
OpenAI:
Hugh Son / CNBC:
PayPal CEO Alex Chriss says the company signed a deal with OpenAI to let shoppers use PayPal's digital wallet in ChatGPT to pay for items, starting in 2026  —  PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through …
Alicia Park / Forbes:
ConductorOne, which helps address identity cybersecurity risks for human and AI staff, raised a $79M Series B led by Greycroft, sources say at a $350M valuation  —  As identity-related cyberattacks increase, ConductorOne has raised $79 million to make sure employees — human or not — can securely access the work apps they need.
Asa Fitch / Wall Street Journal:
A look at Anthropic's success in corporate AI, which makes up ~80% of its revenue; a July report put its enterprise API market share at 32%, above OpenAI's 25%  —  Anthropic, backed by Amazon and Google, is focusing on corporate customers rather than the mass market
Webb Wright / ZDNET:
Emma Roth / The Verge:
Vallari Srivastava / Reuters:
NextEra Energy and Google sign a 25-year power supply deal, which includes restarting the 615MW Duane Arnold nuclear plant in Iowa, shut down in 2020  —  U.S. utility NextEra Energy (NEE.N) and Alphabet's (GOOGL.O) Google have singed a power supply deal, which would help restart the Duane Arnold nuclear plant in Iowa.
Michael J. de la Merced / New York Times:
Livestream marketplace Whatnot raised $225M at an $11.5B valuation, after raising $265M at a $4.97B valuation in January, taking its total funding to $968M  —  The start-up is among the biggest names in a fast-growing part of e-commerce that is effectively a kind of QVC for the TikTok era.

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Earlier Picks

Ashley Capoot / CNBC:
Jez Corden / Windows Central:
MiniMax:
Reuters: