• Kai Nicol-Schwarz / CNBC: AMD says it will invest $1B in Meta's equity offering, its first Helios rackscale systems are installed at Meta, and its EPYC CPUs power Meta's Muse AI agent

• Anthony Hughes / Bloomberg: Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares

• Sponsor Post Command Line: Cheap code, precious trust: Code modernization at scale   —  The promise—and challenges—of agentic software engineering, from large-scale code migration to language modernization.

• Jenny Lee / CNBC: SK Hynix reports Q3 revenue up 328% YoY to ~$78.8B, above ~$74.07B est., and operating profit up 632% to ~$62.76B, above ~$57.78B est. and a company record

• Kwanwoo Jun / Wall Street Journal: SK Hynix plans to return $22B+ in dividends and ~$15B in buybacks to shareholders, on top of its ~$30B buyback program completed in August

• Simon Sharwood / The Register: SK Hynix expects memory shortages to persist through at least 2030; the company has long-term deals with 14 major buyers for 50%+ of its output in 2027 and 2028

• Anthropic: Anthropic details early drug development work with six partners and says it has acquired Mithril, a one-person company working on muscular dystrophy

• Jay Peters / The Verge: Google DeepMind launches Genie 4, a world model powered by Gemini 3.8 Flash designed to generate interactive AI simulations, in preview first to trusted testers

• Lauren Forristal / TechCrunch: Discord says it will let public-channel messages from servers listed in Server Discovery appear in web search from mid-December; admins and members can opt out

• Mark Gurman / Bloomberg: Source: Apple has discussed charging $2,899 for the 14-inch MacBook Pro with an OLED XDR touch screen and M5 Pro chip, $400 more than the current M5 Pro model

• Jesse Hamilton / CoinDesk: The CFTC files a legal challenge to block Utah's attempt to restrict prediction market betting, asserting it is the sole US regulator of prediction markets

• Felix Rieseberg: An Anthropic hiring manager says he stopped giving coding interviews because Claude is better at them and tells junior engineers that “hunger beats tenure”

• Wall Street Journal: Anthropic's S-1 implies a $40T+ annual TAM based on knowledge work's economic value in 2025, topping SpaceX's $28.5T estimate, without explicitly naming TAM

• Stephanie Palazzolo / The Information: Anthropic's S-1 shows an 85% gross margin in H1 from running its models, a reality check for skeptics who said pay-as-you-go model sales wouldn't be profitable

• Anthropic: Anthropic expands its US GSA partnership to give federal, state, local, tribal, and territorial governments a 40% discount on Claude, estimated to save $1B

• Ryan Barwick / The Information: Source: OpenAI, a major Nvidia customer, plans to buy Google's TPUs; a job listing shows it seeks an engineer to “lead the optimization” of its models on TPUs

• Annie Palmer / CNBC: Memo: Amazon says measuring AI adoption solely by token usage or code generation is “deeply flawed”, as it discourages staff from tokenmaxxing

• Reuters: Sources: CXMT plans to start HBM3E production despite yields of just 20% to 30%; its HBM3E performance is closer to that of SK Hynix's previous-gen HBM3 chips

• Financial Times: Sources: TPG is in talks to acquire UK-based Ark Data Centres, which operates 27 data centers in the UK and Belgium, from Elliott Management at a ~$5B valuation

• Valida Pau / The Information: Sources: chipmaker Onsemi is in talks to acquire 16-year-old chip startup Ferric for ~$1B; PitchBook: Ferric last raised a $32.1M Series C in December 2024

• Sponsor Post Zoho: Pro Tips: 5 ways to keep your OKR rollout on track past the three-month mark   —  Three months into an OKR rollout is when the cracks appear.  Manual tracking stalls, CRM data and strategic goals drift apart, and missed targets catch leaders by surprise.

• Rashi Shrivastava / Forbes: Infisical, which helps companies use AI agents without handing over their private credentials, raised a $40M Series B led by Elad Gil at a $600M valuation

• New York Times: How Silicon Valley billionaires raised $333M+ to try to defeat a 5% California wealth tax; Patrick Collison's $33M is his most serious campaign engagement yet

• Nikkei Asia: Industry insiders say PCBs and chip substrates are key supply constraints for consumer electronics makers, as AI demand increasingly eats up production capacity

• Reuters: Robinhood reports Q3 revenue up 12% YoY to $1.42B, meeting est., crypto revenue down 55% YoY to $120M, and profit down 14% YoY to $476M; HOOD drops 7%+

• Nikkei Asia: Sources: Fujifilm plans to increase magnetic tape production capacity fivefold to meet AI-driven storage demand, its biggest production expansion in ~20 years

• Apple: Apple unveils a 14" MacBook Pro with an M6, which has a 12-core CPU and a 12-core GPU, 16GB or 32GB of unified memory, and Wi-Fi 7, for $1,999+ from November 6

• Apple: Apple updates the 24-inch iMac with an M6, which has up to a 12-core CPU and up to a 12-core GPU, and a dual 16-core Neural Engine, for $1,499+ from November 6

• 2 hours ago New York Times: How Silicon Valley billionaires raised $333M+ to try to defeat a 5% California wealth tax; Patrick Collison's $33M is his most serious campaign engagement yet

• 2½ hours ago Jesse Hamilton / CoinDesk: The CFTC files a legal challenge to block Utah's attempt to restrict prediction market betting, asserting it is the sole US regulator of prediction markets

• Sponsor Post Will Reed: The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.   —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.

• 2½ hours ago Simon Sharwood / The Register: SK Hynix expects memory shortages to persist through at least 2030; the company has long-term deals with 14 major buyers for 50%+ of its output in 2027 and 2028

• 3 hours ago Financial Times: Sources: TPG is in talks to acquire UK-based Ark Data Centres, which operates 27 data centers in the UK and Belgium, from Elliott Management at a ~$5B valuation

• 3 hours ago Nikkei Asia: Industry insiders say PCBs and chip substrates are key supply constraints for consumer electronics makers, as AI demand increasingly eats up production capacity

• 3½ hours ago Reuters: Sources: CXMT plans to start HBM3E production despite yields of just 20% to 30%; its HBM3E performance is closer to that of SK Hynix's previous-gen HBM3 chips

• 3½ hours ago Priyanka Salve / CNBC: Jio Platforms, India's largest telecom and digital services company, jumps 21.4% in its trading debut, after raising ~$3.2B in the country's largest-ever IPO

• 4 hours ago Nikkei Asia: Sources: Fujifilm plans to increase magnetic tape production capacity fivefold to meet AI-driven storage demand, its biggest production expansion in ~20 years

• Sponsor Post 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.

• 4½ hours ago Wall Street Journal: Anthropic's S-1 implies a $40T+ annual TAM based on knowledge work's economic value in 2025, topping SpaceX's $28.5T estimate, without explicitly naming TAM

• 4½ hours ago Nikkei Asia: Sources: HP, Asus, and Acer are shifting some PC production from Thailand and Vietnam back to China amid rising component costs; Dell is mulling a similar move

• 5 hours ago David Shepardson / Reuters: The US FCC approves Amazon Leo's $11.5B acquisition of Globalstar, giving Amazon access to Globalstar's 24 satellites and mobile satellite spectrum

• 5½ hours ago Valida Pau / The Information: Sources: chipmaker Onsemi is in talks to acquire 16-year-old chip startup Ferric for ~$1B; PitchBook: Ferric last raised a $32.1M Series C in December 2024

• 6 hours ago Dell Cameron / Wired: Letter: two Democratic senators allege the Trump administration withheld a secret FISC ruling on search filters that let analysts access Americans' messages

• 6 hours ago Kwanwoo Jun / Wall Street Journal: SK Hynix plans to return $22B+ in dividends and ~$15B in buybacks to shareholders, on top of its ~$30B buyback program completed in August

• 7 hours ago Kai Nicol-Schwarz / CNBC: AMD says it will invest $1B in Meta's equity offering, its first Helios rackscale systems are installed at Meta, and its EPYC CPUs power Meta's Muse AI agent

• 8 hours ago Reuters: Toronto-based fintech Wealthsimple raised up to CA$425M led by GIC at a CA$13.8B post-money valuation, up from CA$10B in 2025, and had CA169.2B AUM in September

• 9 hours ago Ryan Barwick / The Information: Source: OpenAI, a major Nvidia customer, plans to buy Google's TPUs; a job listing shows it seeks an engineer to “lead the optimization” of its models on TPUs

• 9 hours ago Felix Rieseberg: An Anthropic hiring manager says he stopped giving coding interviews because Claude is better at them and tells junior engineers that “hunger beats tenure”