Techmeme
November 10, 2025, 9:45 AM

Top News

Ellen O'Regan / Politico:
Draft docs: the European Commission plans to simplify some of its privacy rules, including GDPR, to boost AI growth and slash red tape for businesses in Europe  —  BRUSSELS — European Union officials are ready to sacrifice some of their most prized privacy rules for the sake of AI …
Fast Company:
Financial stress from AI infrastructure spending, overhiring, and recession fears, rather than AI adoption, are likely responsible for the economy-wide layoffs  —  For decades now, we have been told that artificial intelligence systems will soon replace human workers.
Billy Gray / Wall Street Journal:
Rumble agrees to acquire German AI infrastructure company Northern Data in an up to $970M deal, set to close in Q2 2026; both companies are backed by Tether  —  The deal brings together two companies backed by stablecoin issuer Tether  —  Rumble said it would acquire German artificial …
Jagmeet Singh / TechCrunch:
Scribe, which helps enterprises identify where AI and automation investments will yield genuine returns, raised a $75M Series C at a $1.3B post-money valuation  —  After helping several enterprises document how work actually happens, Scribe has raised $75 million at a $1.3 billion post-money valuation …
More: Fortune
Evan Gorelick / New York Times:
A group of US lawyers document 509 cases of AI misuse in legal filings so far in 2025, including fabricated citations; judges and bar associations permit AI use  —  More lawyers are using artificial intelligence to write legal briefs.  Some colleagues are publicizing the A.I.-generated errors.
Financial Times:
Robinhood CEO Vlad Tenev says he aims to give “normal people” exposure to private AI companies via Robinhood Ventures' fund with 5+ “best in class” companies  —  CEO Vlad Tenev plans to offer shares in a fund that holds a handful of private artificial intelligence companies
Jennifer Elias / CNBC:
Majestic Labs, which makes patent-pending server architecture that promises more memory capacity, raised $100M, including a $71M Series A led by Bow Wave  —  Three former Meta and Google silicon executives on Monday announced they've raised a total of $100 million to build technology …
More: Globes

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Rya Jetha / The San Francisco Standard:
Wall Street Journal:
Financial Times:
Nikou Asgari / Financial Times:
Mark Gurman / Bloomberg: