Techmeme
November 7, 2025, 7:35 PM

Top News

Bloomberg:
In a letter on October 27, OpenAI asked the Trump administration to expand a 35% Chips Act tax credit to help lower the cost of AI infrastructure  —  OpenAI has asked the Trump administration to revamp a Chips Act tax credit to help lower the cost of artificial intelligence infrastructure …
Osmond Chia / BBC:
Juby Babu / Reuters:
Meta says it will invest $600B in the US infrastructure and jobs by 2028; Zuckerberg told Trump at a September dinner that Meta will spend “at least $600B”  —  Meta Platforms (META.O) on Friday said it will invest $600 billion in U.S. infrastructure and jobs over the next three years …
Euronews:
Denmark's government has reached a political agreement to ban social media access for anyone under 15, with a possible parental consent exception from age 13  —  The proposal would be one of the most sweeping steps yet by a European country to curb social media use among young people.
Suzanne Smalley / The Record:
Unit 42: “commercial grade” spyware called Landfall, likely zero-click, was used in a hacking campaign aimed at Samsung Galaxy phones in the Middle East  —  Security researchers on Friday revealed the discovery of “commercial grade” spyware used in a 9-month-long hacking campaign aimed …
Lydia Beyoud / Bloomberg:
Study: Polymarket's trading volume has been inflated by wash trading, accounting for an average of 25% of all buying and selling over the past three years  —  The volume of activity on Polymarket, one of the most popular prediction markets, has been significantly inflated by so-called wash trading …
Allie Garfinkle / Fortune:
Neobank Mercury says it has hit $650M in annualized revenue, up from $500M by end of 2024, and has been GAAP profitable on net income and EBITDA for three years  —  Mercury's Immad Akhund.  —  MERCURY  —  The fintech roller coaster—after a few years of barrel rolls and corkscrews …
The Information:
Sources: Google Gemini co-lead Noam Shazeer clashed with colleagues on internal forums over topics like gender and Gaza; moderators deleted some of his comments  —  This spring, Google AI leader Noam Shazeer posted a comment in one of the company's internal discussion forums …
Adam Zsolt Wagner / @azwagner_:
Researchers tested Google DeepMind's AlphaEvolve AI coding agent on 67 mathematical problems and found that it discovered improved solutions to ~20 of them  —  Really happy to share our new paper on using AlphaEvolve for mathematical exploration at scale, written with Javier Gómez-Serrano, Terence Tao, and @GoogleDeepMind's Bogdan Georgiev. We tested it on 67 problems and documented all our successes and failures. 🧵 [image]
Alex Danco / a16z:
Both Baumol effect and Jevons paradox may apply to the AI supercycle, as services with AI productivity gains get cheaper, while those without AI become costlier  —  The Baumol Effect and Jevons paradox are related  —  If you live in the United States today, and you accidentally knock a hole in your wall …
Kashmir Hill / New York Times:
Seven lawsuits in California, including four wrongful death lawsuits, claim ChatGPT encouraged dangerous discussions, leading to suicides and harmful delusions  —  Seven complaints, filed on Thursday, claim the popular chatbot encouraged dangerous discussions and led to mental breakdowns.
Inti Landauro / Reuters:
France's Finance Ministry halts the suspension proceedings of Shein that was initiated on November 5 after Shein withdrew illicit products from its platform  —  The French Finance Ministry on Friday halted the suspension proceedings of Chinese online retailer Shein initiated two days ago …
More: Politico
Evelyn Cheng / CNBC:
Chinese startup Moonshot releases Kimi K2 Thinking, an open-weight model it claims beats GPT-5 in agentic capabilities; source: the model cost $4.6M to train  —  Chinese startup Moonshot on Thursday released its latest generative artificial intelligence model which claims to beat OpenAI's ChatGPT in …
Bloomberg:
China is letting Nexperia export chips again, per officials from several auto companies; shares of Wingtech, Nexperia's Chinese parent company, close up 9.70%  —  China is allowing Dutch chipmaker Nexperia to export again from its operations in the country, setting the stage for the Netherlands …
Bloomberg:
AnnaMaria Andriotis / Wall Street Journal:
Sources: Samsung is in talks with Barclays to launch a consumer credit card in the US; it's also exploring a high-yield savings account, BNPL product, and more  —  South Korean tech giant and Barclays are in advanced talks to launch a credit card, with both seeking bigger inroads into Americans' financial lives
More: Daily Mail

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More News

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Earlier Picks

Reuters:
Sayantani Ghosh / Reuters:
Barbara Moens / Financial Times:
Ernesto Van der Sar / TorrentFreak:
Jared Perlo / NBC News:
Jason Schreier / Bloomberg:
CNBC: