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October 28, 2025, 8:10 PM
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Top News

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 …
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.
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.
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:
During Nvidia's first ever GTC conference in Washington, DC, Jensen Huang praised Trump's policies and emphasized themes of patriotism and US national interests
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
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.
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 …
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%+
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 …
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 …
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.
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.
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 …
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 …
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.
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 …
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 …
Bluesky: @porgus and @vegandroid.  Forums: Slashdot
Emma Roth / The Verge:
YouTube will age-restrict more video game content showing “graphic violence” and stop creators from directing users to gambling sites involving digital goods  —  YouTube will age-gate ‘an additional small subset’ of violent content, even if it's from a video game.
Bloomberg:
Sources: The Bot Company, co-founded by ex-Cruise CEO Kyle Vogt to make AI-powered household robots, is set to raise $250M at a $4B+ valuation  —  The Bot Company, a startup working on robots that can do chores for people, is set to raise $250 million in a funding round that will value …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:10 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

Noor Nanji / BBC:
The BBC apologizes to President Trump for a Panorama episode that spliced parts of his January 6 speech together but rejects his demands for compensation

Tony Maglio / The Hollywood Reporter:
Bob Iger says upcoming changes to Disney+ include “game-like features” and “mostly short-form” user-generated content made with generative AI

Wall Street Journal:
Sources: the first-round bid deadline for WBD is November 20; Paramount wants the full company, and Comcast and Netflix are eying movie/TV studios and HBO Max

More News

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
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
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

Earlier Picks

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
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”
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