Techmeme
November 10, 2025, 12:25 PM

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 …
Billy Gray / Wall Street Journal:
Rumble says it will 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 …
Vicky Ge Huang / Wall Street Journal:
Coinbase plans to launch a platform to let individual investors buy digital tokens before they are listed on its exchange, reviving 2017 and 2018's ICO craze  —  Blockchain startup Monad will be first project to sell its token on new platform  —  Coinbase Global is launching a new platform …
Debby Wu / Bloomberg:
TSMC reports October sales rose 16.9% YoY, the slowest pace since February 2024, highlighting uncertainty over the AI boom's sustainability; TSMC is up 38%+ YTD  —  Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue as investors debate the sustainability …
Financial Times:
Robinhood CEO Vlad Tenev says he plans to give “normal people” exposure to AI startups via Robinhood Ventures' fund set to invest in 5+ “best in class” startups  —  CEO Vlad Tenev plans to offer shares in a fund that holds a handful of private artificial intelligence companies
Niko Gallogly / New York Times:
Gamma, which uses AI to help create presentations, social media posts, websites, and more, raised $68M at a $2.1B valuation and reports 600K+ paying subscribers  —  The five-year-old start-up, which has just 52 employees and is profitable, is now valued at $2.1 billion by investors including Andreessen Horowitz.
Evan Gorelick / New York Times:
A group of lawyers has documented 533 cases of AI misuse in legal filings, including fabricated case law 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.
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.
Lucinda Shen / Axios:
Canada-based CoLab, which makes collaboration software for manufacturers, raised a $72M Series C led by Intrepid Growth Partners  —  CoLab, a maker of collaboration software for manufacturers, raised $72 million in Series C funding, the company tells Axios Pro exclusively.

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Rya Jetha / The San Francisco Standard:
Wall Street Journal: