Techmeme
October 16, 2026, 11:05 AM

Top News

Reuters:
Sources: some Anthropic investors discussed a ~$1.5T valuation for its IPO, down from ~$2T they had expected, after disclosures showed slowing Q3 revenue growth  —  Some current Anthropic investors and prospective investors in its upcoming initial public offering are weighing a lower valuation …
Meta AI Research:
Meta releases Muse Spark Open, saying it is the most capable US open-weight model, with 816B total and 42B active parameters and a 1M-token context window  —  Muse Spark Open is available today and brings leading agentic capabilities to your desktop for the first time on Apple M5 Ultra Mac Studios.
CNBC:
Ina Fried / Axios:
Shaurya Malwa / CoinDesk:
OpenAI says its model paid for a deployment on an Ethereum test network with a wallet it did not own, after obtaining keys from public recovery phrases  —  An OpenAI research model stuck without funds on an Ethereum test network went looking for someone else's wallet, found one through recovery phrases …
Reuters:
Two US officials and a Western official say the order to limit Ukraine's access to SpaceX's Starshield came from inside the White House  —  The order to limit a satellite system used by Ukraine for battlefield communications and drone operations came from inside the White House …
Munsif Vengattil / Reuters:
India's cyber agency says AI agents broke into Indian organizations' systems and read confidential files undetected; AI model providers flagged the incidents  —  AI models under test broke into Indian organisations' live systems and read confidential records undetected, India's cybersecurity agency said …
Andrew E. Freedman / Tom's Hardware:
Microsoft Surface Laptop Ultra review: powerful, useful Magnetic Connect port, bright screen, but heavy, loud, and Windows doesn't take advantage of RTX Spark  —  Useful for AI models, but still waiting for more Windows 11 features to take advantage of.  —  Reviews
Nick Cammarata / Goodfire:
A researcher says modern neural networks are far more interpretable than believed, with most neurons understandable in models up to trillions of parameters  —  The cause of polysemanticity in early model organisms wasn't superposition, but several ordinary, mostly fixable issues.
Bloomberg:
Organizers abruptly cancel 2026's Grace Hopper Celebration, one of the biggest events for women in tech, after sponsorships and registrations fall short  —  The cancellation of this year's Grace Hopper Celebration, one of the largest gatherings of women in technology, is the latest example …
Microsoft AI:
Microsoft unveils MAI-Base-2, a MoE model with 2.8T total and 80B active parameters, claiming 4x-12x more pretraining FLOPs-efficiency than DeepSeek-V4-Pro-Base  —  In June, we announced MAI-Thinking-1, a general-purpose foundation model post-trained on top of MAI-Base-1 with strong reasoning performance.
Rebecca Rubin / Variety:
Netflix Chief Content Officer Bela Bajaria is leaving the company and will be replaced by former Disney and Fox executive Peter Rice, who starts October 26  —  In a major executive shakeup, Bela Bajaria is out at Netflix after 10 years at the streamer, most recently serving as its chief content officer.
Nieman Lab:
Experts say Meta's new terms of use will allow scraping of websites, including news sites, “associated with” business accounts on its platforms, with no opt out  —  Starting October 30, business accounts will consent to Meta scraping their websites if they continue using Facebook, Instagram, or WhatsApp.
Jess Jones / The Times:
Source: Intuit acquired UK-based B2B revenue management and billing startup Sequence in a sale worth ~$200M; Sequence raised $19M led by a16z in 2022  —  A British financial technology business has been acquired by Intuit, the American software company, in a sale estimated to be worth around $200m …
More: Tech.eu

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More News

Afra Wang / New York Magazine:
Jaspreet Singh / Reuters:

Earlier Picks

Joseph Cox / 404 Media:
Anthropic:
Carl Franzen / VentureBeat:
Bloomberg: