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October 28, 2025, 8:45 PM
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| Bret Taylor / OpenAI: |
OpenAI adopts a new for-profit structure, with a public benefit corporation controlled by the nonprofit, which holds a 26% stake, worth ~$130B, in the company — OpenAI has completed its recapitalization, simplifying its corporate structure. The nonprofit remains in control of the for-profit …
More: The Information, New York Times, Wall Street Journal, The Information, Platformer, Runtime, TechCrunch, State of Delaware News, The Verge, San Francisco Examiner, The Boston Globe, TBPN, CNBC, The Midas Project, Capital Brief, Yahoo Finance, Reuters, BankInfoSecurity.com, Gizmodo, Quartz, Time, Fortune, Business Insider, Implicator.ai, Engadget, San Francisco Chronicle, PitchBook, Cautious Optimism, Newser, Neowin, Silicon Republic, Windows Report, The Information, and Sherwood News
X: @techemails, @alltheyud, @luke_metro, @scobleizer, @robertwiblin, @wolfejosh, @chatgptapp, @mgsiegler, @zephyr_z9, @arogdc, @michaeltrazzi, @robertwiblin, @thezvi, @typedfemale, @stalkermustang, @danprimack, @rihardjarc, @openai, @jason, @swiftstories, @openai, @scaling01, @mmatt14, @parikpatelcfa, @todor_m_markov, @cstanley, @koltregaskes, @sama, @ejzim, @scaling01, @tradingvcs, @bjarturtomas, @thezvi, @ajrgd, @bjarturtomas, @aiko_qstarlabs, @stocksavvyshay, @sama, @michaelhpage, @johncoogan, @jasonkwon, @obadiaalex, @kevinweil, @chrisfralic, @autismcapital, and @ednewtonrex
Bluesky: @mford and @rustybrick.com
Forums: r/OpenAI, r/singularity, and r/technology
| 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.
More: Financial Times, The Register, PitchBook, Decrypt, The Guardian, Seattle Business Journal, Bloomberg Law, Capital Brief, Blockchain.News, iTnews, Reuters, Türkiye Today, SiliconANGLE, Windows Report, The Hill, PYMNTS.com, Fortune, Associated Press, Thurrott, NDTV Profit, Yahoo Finance, Axios, Bloomberg, FX Empire, UPI, The Daily Caller, Tom's Hardware, Constellation Research, The Straits Times, Benzinga, MediaPost, Search Engine Journal, and Wall Street Journal
X: @tbpn, @kakashiii111, @manifoldmarkets, @amitisinvesting, @kakashiii111, @mgsiegler, @mattmday, @bearlyai, @microsoft, @dinabass, @alexkaplan0, @ajrgd, @p_maverick_b, @reach_vb, @natejhake, @trungtphan, and @code_star
LinkedIn: Rory Quinn and Saanya Ojha
Bluesky: @mgsiegler.com, @davelee.me, @justinhendrix, and @peark.es
Forums: Hacker News, r/OpenAI, and Slashdot
| Bloomberg: |
More: DatacenterDynamics. X: @wolfejosh, @wolfejosh, @wolfejosh, @quantian1, @firstadopter, @caro_milanesi, @josephjacks_, @firstadopter, and @danielnewmanuv. LinkedIn: Matt Day
Bluesky: @westinlee, @davidgerard.co.uk, @edzitron.com, @mgerrydoyle, @kingtherapy, @glinden, and @dinabass. Mastodon: @carnage4life@mas.to. Forums: Hacker News
| 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.
More: About Amazon, Bloomberg, CNBC, Business Insider, Game World Observer, Le Monde, Washington Post, The Verge, Dexerto, Wall Street Journal, Reuters, Al Jazeera, New York Times, GeekWire, TheGamer, Breitbart, Atlanta Journal-Constitution, CNN, Thurrott, Game Informer, The Wrap, Motley Fool, AFTVnews, CNBC, Axios, Financial Times, CNN, Mirror, Mashable, WinBuzzer, Nairametrics, The Guardian, Newser, The Economic Times, Fox Business, Reuters, SiliconANGLE, and Spyglass
X: @towelthetank, @destinlegarie, @dev_katyk, @dancantstream, @sensanders, @wario64, @paultassi, @gregbensinger, @thejobchick, @dariusdale42, @mollysoshea, @thejobchick, @morningbrew, @thejobchick, @playnewworld, @stevehou0, @chamath, @ernietedeschi, @conorsen, @gergelyorosz, @willoremus, @chamath, @mgsiegler, @buccocapital, and @jason
LinkedIn: Spencer Soper and Colan Neese
Bluesky: @theurbanist.org, @karlbode.com, @garethwatkins, @peark.es, @anildash.com, @callyson, @lschmeiser, @breakify, and @carnage4life. Threads: @gregbensinger. Mastodon: @nixCraft@mastodon.social
Forums: r/Futurism, r/IBM, r/recruitinghell, r/antiwork, r/inthenews, and r/amazonemployees
| Bloomberg: |
Nvidia plans to invest $1B in Nokia for a 2.9% stake and announces a partnership to integrate Nvidia tech into Nokia's network products; NOK closes up 22.8% — Nvidia Corp. is taking a $1 billion equity stake in Nokia Oyj and plans to supply the telecom company with artificial-intelligence powered computers for wireless networks.
More: Toronto Star, Bloomberg Law, SiliconANGLE, CNBC, Nokia, Nokia Oyj, PYMNTS.com, The Register, The Motley Fool, Fierce Network, Constellation Research, UPI, Quartz, Wall Street Journal, Dow Jones Newswires, TipRanks Financial, International Business Times, Blockchain.News, Barron's Online, and Reuters
X: @munster_gene, @anshelsag, @anshelsag, @teroterotero, @kakashiii111, @dylanonchips, @edludlow, @nvidianewsroom, @rayno, @teroterotero, and @nokia
Forums: Hacker News, r/Nokia, r/ElectricalEngineering, and r/hardware
| Hugh Son / CNBC: |
PayPal signs a deal with OpenAI to let PayPal buyers and sellers complete transactions through ChatGPT starting in 2026, using the Agentic Commerce Protocol — PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through …
More: PayPal Newsroom, TechCrunch, Skift, Motley Fool, Neowin, Yahoo Finance, Dow Jones Newswires, The Decoder, Fast Company, American Banker, FinAi News, Barchart.com, PYMNTS.com, Adweek, Blockonomi, Financial Express, CNET, Mashable, eWeek, Fox Business, and Bloomberg
X: @acce, @bongcapital, @jeff_weinstein, @buccocapital, @amitisinvesting, @paypal, @weary_centurion, and @bradlightcap
LinkedIn: Mike Edmonds, Venkat Venkatraman, and Marie Haynes. Bluesky: @warriorrabbit. Forums: r/OpenAI
| Kif Leswing / CNBC: |
Jensen Huang says its Blackwell GPUs are now in full production in Arizona, after being solely manufactured in Taiwan previously — Nvidia CEO Jensen Huang said at the company's GTC conference on Tuesday that its Blackwell graphics processing units — the company's fastest AI chips — are now in full production in Arizona.| Wall Street Journal: |
More: Gizmodo, PCMag, The Hill, Nikkei Asia, The Information, Reuters, Bloomberg, Deadline, CNN, The National, Axios, Politico, InsideHPC, Yahoo Finance, and Business Insider. X: @energy
| Isabelle Bousquette / Wall Street Journal: |
| Natalie Lung / Bloomberg: |
Uber plans a fleet of 100,000 autonomous vehicles powered by Nvidia's new Drive AGX Hyperion 10, starting in 2027 — Uber Technologies Inc. will begin expanding a fleet of 100,000 autonomous vehicles powered by Nvidia Corp. technology starting in 2027, an ambitious move that could help bring …
More: Nvidia Newsroom, The Information, Carscoops, Fierce Electronics, Axios, Engadget, Reuters, Forbes Middle East, The Detroit News, Gizmodo, Agence France-Presse, TipRanks Financial, Homepage, Lucid Group, Inc., and The Robot Report
X: @alexgkendall, @dkhos, @stellantis, @natlungfy, @andrewgordonmac, and @ntwork. Forums: r/SelfDrivingCars
| 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?
More: 1X on YouTube, Decrypt, The Wall Street Journal on YouTube, Business Wire, Sifted, PCMag, Fast Company, and Notebookcheck
X: @teortaxestex, @pitdesi, @smokeawayyy, @rrhoover, @austen, @tszzl, @berntbornich, @garrytan, @kalinowski007, @ritwikpavan, @parkerortolani, @thom_wolf, @joannastern, @luke_metro, @nizzyabi, @joannastern, @scobleizer, @itzsuds, @cixliv, @1x_tech, @thom_wolf, @gavinpurcell, @prmshra, @tszzl, @rivernolimits, @bilawalsidhu, and @astrodanish. Bluesky: @bdsams.com
| Mark Gurman / Bloomberg: |
Sources: Apple is testing new versions of the MacBook Air, iPad mini, and iPad Air with OLED screens; the iPad mini will likely arrive first, as early as 2026 — Apple Inc. is preparing major changes to its MacBook Air, iPad mini and iPad Air lines, with a plan to give the popular devices higher-end displays.
More: Macworld, MacRumors, 9to5Mac, MacRumors, AppleInsider, iClarified, Cult of Mac, Digital Trends, iPhone in Canada, GamesRadar, Notebookcheck, SE7EN.ws, Polygon.com, Polygon.com, and Radio Times
X: @markgurman and @markgurman
Forums: r/apple and MacRumors Forums
| Jennifer Maas / Variety: |
EA reports Q2 net bookings down 13% YoY to $1.82B, vs. $1.88B est., and says it will no longer issue forward-looking financial guidance due to its $55B sale — Along with the issuing of the financial details Tuesday, the maker of “Madden NFL,” “Battlefield,” “The Sims” and “Apex Legends” …
More: GamesBeat, Reuters, Mobilegamer.biz, Wall Street Journal, Proactive, Barron's Online, and EA Newsroom
| 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.
More: Business Insider, OpenAI, and Reuters
| CNBC: |
SK Hynix reports Q3 revenue up 39% YoY to $17.02B, vs. $17.22B est, operating profit up 62% YoY to $7.92B, a record, boosted by demand for its HBM chips for AI — South Korea's SK Hynix, one of the world's largest memory chipmakers, on Wednesday posted record quarterly revenue and profit … | Dominic Preston / The Verge: |
Oppo launches €999 Find X9 and €1,299 Find X9 Pro in the UK and EU, with 7,025mAh and 7,500mAh silicon-carbon batteries and a MediaTek Dimensity 9500 chip — The two new Oppo phones bring some of the biggest batteries around. … Oppo has announced the international launch … | 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 …
More: New York Times, Wall Street Journal, Substrate, Inc, General Catalyst, and The Free Press
X: @nickcammarata, @lulumeservey, @chrisovitz, @generalcatalyst, @cryps1s, @lulumeservey, @alex_intel_, @substrate, @aphysicist, @yuris, @substrate, @leejacobs, @mr_james_c, @jamesproud, @silvermanjacob, @alexbruesewitz, @ollywiseman, @chaselochmiller, @kevintwohy, @shak, @traestephens, and @substrate. Forums: r/intelstock
| 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 — ZDNET's key takeaways — GitHub launches Agent HQ to unite Codex, Claude, and Jules. — Developers can now manage multiple AI agents side by side.| 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 …
More: TechCrunch, Wired, The American Bazaar, ZDNET, and Futurism
X: @nitashatiku, @sjgadler, @sjgadler, @chafkin, @sjgadler, @joshkraushaar, @sjgadler, @sjgadler, @cliffordasness, @sjgadler, and @sjgadler
LinkedIn: Michael Davies and Kavya Miriyala
Bluesky: @mattburgess1, @justinhendrix, @annmlipton, @emollick, and @seldo.com
Forums: r/BlackboxAI_, r/technews, r/technology, and r/AINewsMinute
| 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.| 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 …
More: Trump Media & …, Gizmodo, CoinDesk, CasinoBeats, Blockonomi, Breitbart, Decrypt, Bitcoin Insider, Benzinga, Reuters, and Axios. Bluesky: @mexicanrestaurant
| 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.
More: Western Union, PYMNTS.com, Finextra, CryptoSlate, Cointelegraph, TheStreet, CoinDesk, Coinspeaker, CoinGape, and Decrypt
LinkedIn: Emanuele R. and Martin Carrica
| Anna Lagos / Wired: |
China claims it has completed the first phase of construction of the first underwater data center, which is powered by wind energy and cooled by seawater — The $226 million project uses ocean breezes and seawater to stay cool. — China has completed the first phase of construction … | Blake Brittain / Reuters: |
Celebrity video shoutout app Cameo sues OpenAI for trademark infringement, alleging Sora's “cameo” feature is likely to cause confusion and dilute its brand — The maker of celebrity video platform Cameo sued OpenAI in a California federal court on Tuesday, arguing that the new …
X: @cailen
| 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 — - Qorvo shareholders to receive cash and Skyworks share — Skyworks CEO Phil Brace to lead merged company| Bloomberg: |
Sources: Polymarket plans to return to the US with a focus on sports betting; initial trading is likely by the end of November, but won't be broadly available — Prediction market Polymarket is preparing to return to the US in the coming weeks with a focus on sports betting, according to people familiar with the matter.
More: CoinDesk, Motley Fool, and Cointelegraph
| Associated Press: |
Myanmar shut down a major online scam center on October 21 as part of operations starting in September to curb cross-border online scams and illegal gambling — Add AP News on Google The number of people fleeing from Myanmar to Thailand after Myanmar's military shut down a major online scam center …
More: Business Standard and CNET
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