Techmeme
November 17, 2025, 12:55 PM

Top News

Cade Metz / New York Times:
Sources: AI startup Project Prometheus raised $6.2B, including from Jeff Bezos, who is its co-CEO, his first operational role since leaving Amazon in July 2021  —  Called Project Prometheus, the company is focusing on artificial intelligence for the engineering and manufacturing of computers, automobiles and spacecraft.
Joe Wertz / Bloomberg:
Google DeepMind releases WeatherNext 2, a weather model that it says offers faster, more accurate two-week forecasts and includes more tools for energy traders  —  Google DeepMind has released a new artificial intelligence weather model that it says is faster and more accurate than anything it's built …
New York Times:
Investigation: $28B+ in crypto tied to illicit activity flowed into crypto exchanges like Binance over the past two years, as President Trump embraced crypto  —  President Trump has started his own cryptocurrency business and vowed to make the United States the world's “crypto capital.”
Emily Mason / Bloomberg:
Ramp says it is now valued at $32B following a $300M raise led by Lightspeed and an employee tender offer, up from a $22.5B valuation in July  —  Corporate spending management platform Ramp reached a $32 billion valuation after a $300 million primary financing round and an employee tender offer.
Bloomberg:
US filing: Peter Thiel's Thiel Macro sold 537,742 Nvidia shares, worth ~$100M as of September 30, during Q3, amid rising concerns about an AI investment bubble  —  Peter Thiel's hedge fund Thiel Macro LLC sold off its holdings in Nvidia Corp. during the third quarter, marking another retreat …
Ben Bergman / Business Insider:
In an informal survey of 300+ Cerebral Valley AI Conference attendees asking which $1B+ valuation startup to short, most voted Perplexity, followed by OpenAI  —  - An audience at a top AI conference in San Francisco was asked what startup they would short.  — Perplexity, an AI search …
M.G. Siegler / Spyglass:
The FT's Tim Cook retirement story could be a “trial balloon” from people close to him, if Cook decides to leave after Apple's “blockbuster” Q1 earnings report  —  Might Tim Cook retire as CEO of Apple in early 2026?  There are signs...  Two weeks ago, Tim Cook turned 65.

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More News

Brandon Vigliarolo / The Register:

Earlier Picks

Tim Higgins / Wall Street Journal:
Nikkei Asia: