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October 29, 2025, 6:15 AM
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Top News

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 closed 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.
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 …
Bloomberg:
After Nvidia GTC, Jensen Huang says “I don't believe we're in an AI bubble” and that Nvidia expects to sell 20M Blackwell chips, up from 4M Hopper chips  —  Nvidia Corp. Chief Executive Officer Jensen Huang announced a flurry of new partnerships and dismissed concerns about an AI bubble …
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
Kif Leswing / CNBC:
Jensen Huang says its Blackwell GPUs are now in full production in Arizona, after being solely manufactured in Taiwan previously
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
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
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?
Dylan Butts / CNBC:
SK Hynix reports Q3 revenue up 39% YoY to $17.02B, below $17.22B est., and operating profit up 62% YoY to a record $7.92B, boosted by demand for its HBM chips  —  South Korea's SK Hynix on Wednesday posted record quarterly revenue and profit, boosted by a strong demand for its high bandwidth memory used in generative AI chipsets.
Adobe Newsroom:
A survey of 16K+ creators in eight countries: 86% use creative GenAI tools, 60% use multiple, 48% use them for ideation, and 52% for creating video and more  —  - 76 percent of creators say creative generative AI has helped grow their business and personal brand
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.
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
Dominic Preston / The Verge:
Oppo launches the €999 Find X9 and €1,299 Find X9 Pro in the UK and the EU with 7,025mAh and 7,500mAh silicon-carbon batteries and MediaTek Dimensity 9500 chips  —  The two new Oppo phones bring some of the biggest batteries around. … Oppo has announced the international launch …
Politico:
French lawmakers vote to raise France's digital services tax on US tech giants to 6%, up from 3%; the French government opposes the move, fearing US retaliation  —  PARIS — French lawmakers are moving ahead with plans to double a tax on big tech firms — backing away from a more aggressive push amid fears …
Samanth Subramanian / Bloomberg:
A look at the FGC-9, a 3D-printed semiautomatic gun created by a German incel that scholars and lawmakers say is the most popular “ghost gun” outside the US  —  Designed by a German incel, the FGC-9 was created in a distinctly American spirit.  —  Does any firearm announce …
Trishla Ostwal / Adweek:
Some ad buyers say brands are increasingly spending on Reddit due to the site's prominence in AI-powered search results and its growing audience  —  Advertisers are increasingly putting their digital ad spend into Reddit, drawn by the platform's growing audience and its influence …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:15 AM ET, October 29, 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

Katherine Sayre / Wall Street Journal:
A group of musicians led by Jason Isbell files a proposed class action against Suno, alleging Suno lets users generate copycat songs based on artists' names

Lucas Manfredi / The Wrap:
Netflix strikes a multiyear distribution deal with EverPass to bring the streamer's NFL live events to commercial places like bars and restaurants in the US

Daniel Thomas / Financial Times:
Sources: WPP plans to cut up to 1,000 more jobs in H2 2026, after cutting ~11,000 jobs since the start of 2025, as AI reshapes the ad industry

More News

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
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

Earlier Picks

Vicky Ge Huang / Wall Street Journal:
Western Union plans to launch dollar-backed stablecoin USDPT, built on the Solana blockchain and issued by Anchorage Digital Bank, in H1 2026
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
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%+
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
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
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