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October 28, 2025, 3:25 PM
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Microsoft:
Microsoft now holds a ~$135B investment in OpenAI Group PBC, or a ~27% stake, down from 32.5%; OpenAI commits to purchase an additional $250B in Azure services  —  Since 2019, Microsoft and OpenAI have shared a vision to advance artificial intelligence responsibly and make its benefits broadly accessible.
Bret Taylor / OpenAI:
OpenAI completes its recapitalization, “simplifying” its structure; OpenAI Foundation now has equity valued at ~$130B and still controls the OpenAI for-profit  —  OpenAI has completed its recapitalization, simplifying its corporate structure.  The nonprofit remains in control …
Bloomberg:
Microsoft gets access to OpenAI tech through 2032, including models post-AGI but excluding consumer hardware; OpenAI can now develop products with third parties  —  OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly …
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.
Jillian Deutsch / Bloomberg:
Nvidia plans to invest $1B in Nokia for a 2.9% stake in the company, an apparent vindication of its pivot from mobile networking to AI; NOK jumps 20%+
Natalie Lung / Bloomberg:
Uber plans a fleet of 100,000 autonomous vehicles powered by Nvidia's new Drive AGX Hyperion 10, starting in 2027
Isabelle Bousquette / Wall Street Journal:
Nvidia unveils NVQLink, a high-speed interconnect that Jensen Huang says is the “Rosetta Stone connecting quantum and classical supercomputers”
NVIDIA on YouTube:
A recording of Nvidia's GTC October 2025 Keynote with CEO Jensen Huang
Jay Peters / The Verge:
xAI's Grokipedia says Grok fact-checked its entries and some “content is adapted from Wikipedia”; some pages, like the PS5's, are almost identical to Wikipedia  —  Some of Grokipedia's pages say that content is ‘adapted’ from Wikipedia.
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.
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 …
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 …
Bloomberg:
PayPal reports Q3 revenue up 7% YoY to $8.4B, total payment volume up 8% to $458.1B, above $450.3B est., and raises its FY 2025 EPS forecast; PYPL jumps 10%+
Financial Times:
Truth Social launches Truth Predict, a prediction market platform in partnership with Crypto.com to let users trade on major current events like elections  —  US president's social media platform enters prediction market sector  —  Donald Trump's Truth Social platform is to offer users …
Ina Fried / Axios:
Sam Altman says OpenAI has committed to spend about $1.4T on infrastructure so far, equating to roughly 30GW of data center capacity  —  OpenAI has committed to spend about $1.4 trillion on infrastructure so far, equating to roughly 30 gigawatts of data center capacity, CEO Sam Altman said on Tuesday.
Forums: Slashdot
Vicky Ge Huang / Wall Street Journal:
Western Union plans to launch a dollar-backed stablecoin, USDPT, that is built on the Solana blockchain and issued by Anchorage Digital Bank, in H1 2026  —  Company plans to launch its own stablecoin in 2026  —  One of the oldest payments networks is stepping into the digital age.
Financial Times:
Visible Alpha: Apple's Services unit revenue is set to hit $108.6B in the year to September, its first time above $100B and up 13% YoY, ahead of its Q4 results  —  Tech giant's high-margin unit has doubled in size over the past five years  —  Apple is set to top $100bn in annual revenues …
Joanna Stern / Wall Street Journal:
A look at 1X's $20K Neo humanoid housekeeper robot, controlled remotely by a human with a VR headset, available now for preorder, with delivery expected in 2026  —  1X's Neo wants to be your housekeeper.  First, it needs to be controlled by a human in your home.  Cool with you?
Tim Bradshaw / Financial Times:
Substrate, which aims to challenge TSMC, raised $100M+ from Founders Fund, General Catalyst, and others at a $1B+ valuation as it seeks to boost US chip making  —  Substrate plans to use particle accelerators to lower cost of chip manufacturing  —  Silicon Valley investors …
Emma Roth / The Verge:
After AWS's major outage, Signal's Meredith Whittaker says there “isn't really another choice” but to use AWS and “the entire stack” is “owned by 3-4 players”  —  Meredith Whittaker is using the AWS outage as an opportunity to highlight the 'concentration …

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This is a Techmeme archive page. It shows how the site appeared at 3:25 PM ET, October 28, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Shane O'Neill / Washington Post:
Q&A with Christopher Anderson, who photographed Trump's inner circle for VF: “My job is to ... draw on my experience as a journalist and photograph what I see”

Alex Weprin / The Hollywood Reporter:
CBS News and The Free Press announce Things That Matter, a series of town halls and debates, starting in early 2026, with Sam Altman, J.D. Vance, and others

Anna Betts / The Guardian:
David Brooks, who wrote a NYT column last month decrying popular fixation on the Epstein story, appears in newly released photos of a 2011 event with Epstein

More News

Reuters:
Skyworks buys rival Qorvo for ~$9.76B in a cash-and-stock deal, forming a $22B combined company that supplies radio-frequency chips to Apple and others
David Gewirtz / ZDNET:
GitHub plans to launch Agent HQ, a hub to let developers access third-party AI coding agents, including Claude and OpenAI's Codex, in the coming months
Tage Kene-Okafor / TechCrunch:
Mem0, which aims to build a “memory passport” so users' AI memory can travel across their devices, apps, and agents, raised $24M, including a $20M Series A
Subrat Patnaik / Bloomberg:
Apple crosses a $4T market cap in intra-day trading, making it only the third public company ever to reach the milestone; AAPL is up 56% since its April low

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