Techmeme
November 11, 2025, 5:30 PM

Top News

Financial Times:
Sources: Meta Chief AI Scientist Yann LeCun plans to leave Meta in the coming months to found his own startup; a source says he is in early talks to raise funds  —  Turing Award winner seeks to depart as Mark Zuckerberg makes ‘superintelligence’ push  —  Melissa Heikkilä in London …
David Keohane / Financial Times:
SoftBank sold its entire Nvidia stake, or ~32M shares, in October for $5.8B and part of its T-Mobile stake for $9.2B, boosting Q2 profit to $16.2B, above est.  —  Net profit doubles to $16bn on gains from OpenAI and PayPay holdings  —  Masayoshi Son's SoftBank Group has sold its entire stake …
Robert Hart / The Verge:
Elyse Betters Picaro / ZDNET:
Ian King / Bloomberg:
AMD CEO Lisa Su says AMD's annual revenue growth will average 35%+ over the next three to five years and that the total AI chip market will reach $1T by 2030  —  Advanced Micro Devices Inc., Nvidia Corp.'s nearest rival in AI chips, predicted accelerating sales growth over the next five years …
Steve Dent / Engadget:
Sony says PlayStation 5 has sold a total of 84.2M units since launch, including 3.9M units sold in Q2, up from 3.8M a year ago  —  The company boosted both console and software sales compared to Q2 2024.  —  It's been just over a year since Sony launched the updated PS5 Slim and PS5 Pro consoles …
Kosaku Narioka / Wall Street Journal:
Ben Weiss / Fortune:
Coinbase confirms that it has called off acquisition talks with stablecoin infra startup BVNK; reports previously put the acquisition price around $2B  —  Brian Armstrong, cofounder and CEO of Coinbase.  —  One of the largest deals ever for a stablecoin startup has fallen through.
Reuters:
A Munich court sides with Germany's music rights society GEMA in a case against OpenAI, saying OpenAI can't use song lyrics without a license; OpenAI can appeal  —  A German court on Tuesday sided with the country's music rights society GEMA in a closely watched copyright case against U.S.-based artificial intelligence firm OpenAI.
The Information:
Sources: Apple may add a second camera to the next iPhone Air, possibly set for spring 2027 alongside the iPhone 18 and iPhone 18e, to address user complaints  —  Apple is delaying the release of the second-generation iPhone Air to work on a redesign of the device and make it more appealing to consumers …
Dominic Preston / The Verge:
Bloomberg:
China says the December 2020 theft of 127,272 BTC, now worth ~$13B, from Chinese mining pool LuBian is likely a “state-level hacker operation” led by the US  —  China's cybersecurity agency accused the American government of orchestrating the theft about $13 billion worth of Bitcoin …
Todd Spangler / Variety:
Matthew McConaughey and Michael Caine partner with ElevenLabs to create AI versions of their voices for its Iconic Voice Marketplace; McConaughey also invests  —  McConaughey also invests in audio research and product company  —  Actors Matthew McConaughey and Michael Caine have teamed …
Henrique Almeida / Bloomberg:
Microsoft says it will spend $10B to build a data center park in Sines, Portugal, in partnership with Portuguese developer Start Campus and UK startup Nscale  —  Microsoft Corp. will spend $10 billion on an artificial intelligence data center along the Portuguese coast …
Deborah Sophia / Reuters:
Nebius signs a ~$3B, five-year deal to provide Meta with AI infrastructure and reports a $100.4M net loss in Q3, up from $39.7M in Q3 2024; NBIS is up 250%+ YTD  —  Nebius Group (NBIS.O) has signed a deal worth about $3 billion with Meta to provide the Facebook owner with AI infrastructure …

Sponsor Posts

Subquadratic:
SubQ Snap 1.1: the first long-context decision model for real enterprise work  —  Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
Zoho Writer's latest automation updates: smarter formulas, dynamic content, and less manual work  —  Create personalized documents with smarter formulas, dynamic content, and payment links, and update templates without rebuilding …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
WebBrain:
WebBrain: an open-source AI agent for your browser  —  Read pages, fill forms and automate tasks in Chrome or Firefox.  Use local models or your preferred AI provider.  Get started free.

Featured Podcasts

Machine Gods:
Crypto's Biggest Heist Ever + The Spy Who Loved Nvidia + Hacktober's Unsolved Mysteries
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
Subscribe to Machine Gods.
Channels with Peter Kafka:
Barry Diller on Big Bets, AI, and Knowing When to Walk Away
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Martin Casado on Frontier Model Economics, AI's Slowdown, and the Cursor Deal
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Sources:
A quiet investor's $10 billion bet on AI, chips, and defense
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Cheeky Pint:
The company building America's uranium supply from scratch
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Grit:
The Difference Between 1% Improvements and 10x Growth | Immad Akhund
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:30 PM ET, November 11, 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.

More News

Earlier Picks

Vogue:
Berber Jin / Wall Street Journal:
Olga Kharif / Bloomberg: