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October 6, 2026, 8:35 AM
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memeorandum
WeSmirchTop News
| Bloomberg: |
Sources: DeepSeek is close to raising $12B+ in a round that could hit ~$14.9B, with Tencent and CATL among the biggest contributors, ahead of an early-2027 IPO — DeepSeek is close to securing at least 80 billion yuan ($12 billion) in its latest round of funding, blowing past …
More: Quartz, New York Times, CoinDesk, The Decoder, CTech, China Money Network, The Straits Times, RuntimeWire, Reuters, Nairametrics, and IJR News
X: @jukan05, @teortaxestex, @zephyr_z9, and @jenzhuscott
| Bloomberg: |
Sources: Moonshot AI has closed its final private funding round at a ~$50B valuation and is targeting a Hong Kong IPO in Q1 2027 to raise up to $5B — Moonshot AI has closed the final round of private fundraising at a valuation of about $50 billion and is heading toward an initial public offering …
More: Silicon Republic, CTech, Bitcoin Insider, Euronews, Seoul Economic Daily, and Tech in Asia
| Semafor: |
NYC-based Reflection unveils Beam, an open model it says rivals GLM-5.2 on reasoning while using 3x-4x less compute and approaches Qwen3.8-Max on agentic tasks — Reflection AI, the startup billing itself as America's answer to open-source Chinese AI, is releasing its first model, called Beam.
More: Reflection, The Hill, Quartz, The Neuron, Financial Times, Sources, MarketWatch, TechCrunch, Bloomberg, WOWTALE, The Straits Times, Business Standard, Business Insider, Latent.Space, Help Net Security, Wccftech, Seoul Economic Daily, Implicator.ai, The Information, Reuters, RuntimeWire, South China Morning Post, Finimize, Fortune, SiliconANGLE, Tech in Asia, Unite.AI, and Axios
X: @mishalaskin, @artificialanlys, @real_ioannis, @reflection_ai, @nayshins, @kimmonismus, @brandondamos, @eliebakouch, @iscienceluvr, @alexpolozov, @gneubig, @alexfinn, @jeremiahdillon, @sriramk, @djlougen, @geoffreyhuntley, @ziqiao_ma, @zkwentz, @deryatr_, @amasad, @davemorin, @chetantekur, @alfred_lin, @ashxhart, @xianjun_agi, @kyleichan, @michaelnicollsx, @stephzhan, @sahnihim, @saranormous, @brianzhan1, @orcarouter, @jeremiahdillon, @teortaxestex, @dexhorthy, @zkwentz, @demian_ai, @ccatalini, @natolambert, @_ghorbani, @dsrubinstein, @rvarm1, @alexeheath, @clementdelangue, @theahmadosman, @dee_bosa, @mojan_jp, @romanchernin, @hououintyouma, @ollama, and @natolambert
LinkedIn: Peter Pritchard and Emre Guven
Forums: Hacker News, r/LocalLLaMA, r/singularity, r/accelerate, and r/LocalLLaMA
| SemiAnalysis: |
Analysis: for agentic workloads, Anthropic's plans with Claude Opus 5.5 offer ~5x more API-equivalent value per month than OpenAI's plans with GPT-6.1 Sol — Limit testing every AI subscription plan from Anthropic, OpenAI, Meta, SpaceXAI, MiniMax, Moonshot, Z.ai, Cursor, and Cognition
More: Implicator.ai. X: @stalkermustang, @morqon, @synthwavedd, @synthwavedd, @kimmonismus, @scaling01, @wesroth, @elliotglazer, @timcohn, @petergostev, @cgtwts, @iamhenrymascot, @melvininvests, @chetaslua, @minchoi, and @rynorhn. Mastodon: @carnage4life@mas.to. Forums: Hacker News
| Reuters: |
The UK's Ofcom opens an OSA probe into Meta over Instagram Instants, launched in May; Meta says it “briefed Ofcom about this feature on a number of occasions” — Britain's communications regulator said on Tuesday it has opened an investigation into whether Meta Platforms (META.O) …
More: Ofcom, The Guardian, Reuters, BBC, Neowin, PetaPixel, LBC, Silicon UK, Telecompaper, Channel NewsAsia, and Law360. Bluesky: @paulbernal
| Bloomberg: |
Sources: Kuaishou's Kling selects banks to lead a Hong Kong IPO aiming to raise $1B+ as early as 2027; Kling hit a $15B valuation after raising $2.8B in July — Kuaishou Technology's Kling AI has picked banks for a Hong Kong initial public offering that could raise at least $1 billion, according to people familiar with the matter.
More: The Information
| Reuters: |
Sources: the FBI removes an Accenture contractor over a breach exposing thousands of employees' data; the FBI says a contractor failed to apply a security patch — The Federal Bureau of Investigation removed an Accenture contractor on Monday over their role in a damaging data breach …
More: Security Affairs, CIO.com, Cyber Security News, CSO, Political.org, and The Hacker News. Bluesky: @raphae.li
| OpenAI: |
OpenAI says it will add text watermarking for ChatGPT and Codex users in the EU to comply with the EU AI Act, and an opt-in setting for API customers globally — - Starting today, API customers globally will be able to opt in to text watermarking for select models.
More: The Register, Tech Times, The Verge, OpenAI, BleepingComputer, Gizmodo, The Independent, SammyGuru, Bitcoin Insider, The Neuron, Silicon Republic, The Hans India, Türkiye Today, Search Engine Journal, MediaNama, The Indian Express, Moneycontrol, Business Today, PCMag, Engadget, Daring Fireball, 9to5Mac, SingularityHub, TechCrunch, PYMNTS.com, The New Stack, Digital Trends, Neowin, The Decoder, Unite.AI, and DigiTimes
X: @openai, @kimmonismus, @kunchenguid, @max_spero_, @eurofounder, @cgtwts, @badboyfoxy, @dedene, @weijie444, @hesamation, @openai, @openai, @andrewcurran_, @tokengremlin, @josephfounder, @choblin29, @koltregaskes, @nicdunz, @btibor91, and @hakmgpt. LinkedIn: Florent Joly
Forums: Hacker News, r/ChatGPT, r/OpenAI, and Slashdot
| The Information: |
Sources: Meta and Microsoft are working to cut internal Claude use; Meta employees using Claude Code dropped to ~30,000 from ~60,000 earlier in 2026 — Meta Platforms and Microsoft, two of Anthropic's biggest corporate customers, are working to cut their employees' use of Claude …
More: Cyber Security News, The Decoder, PYMNTS.com, and DigiTimes
| Aisha Malik / TechCrunch: |
TikTok debuts Shopping Assistant, a conversational AI agent that helps users find and buy products, and Buy Direct for one-click purchases from the For You feed — TikTok announced Monday that it's launching an AI shopping assistant and a new in-app checkout feature that lets users buy directly from brands.| Andrew Deck / Nieman Lab: |
ChatGPT is not only using New Yorker cartoonists' style but also adding their signatures to the fake cartoons it creates, which have gone viral on social media — OpenAI's chatbot isn't just imitating the magazine's style. It's also falsely attributing AI-generated images to real artists.| Bloomberg: |
Sources: Seagate and Toshiba are bidding for TDK's HDD magnetic head business in a multibillion-dollar deal, as they compete for AI data center storage demand — Seagate Technology Holdings Plc and Toshiba Corp. are locked in a contest for TDK Corp.'s magnetic-heads business for hard-disk drives … | Bloomberg: |
Former Anthropic researcher Jacob Coxon and representatives from Anthropic, Google, OpenAI, and Meta testified at a New York City Council hearing on AI safety — Former Anthropic researcher Jacob Coxon warned that the race to develop artificial intelligence poses risks that the industry itself …
More: CNBC, India Today, Wall Street Journal, Washington Post, Newsweek, The Indian Express, Forkast, Fortune, The Information, New York Post, The City Reporter, PYMNTS.com, City & State New York, The Independent, NewsMax.com, Politico, RuntimeWire, Associated Press, The Information, Implicator.ai, VINnews, CBS News, Quartz, Yahoo Finance, Al Jazeera, Gothamist, Business Today, and Washington Examiner
X: @jessyednews, @cameronwilson, @vmmaloney, @cmcarlwilson, @firesidealpha, @speakermenin, @ossechi, @sen_gounardes, @nyccouncil, @vmmaloney, @nyccouncil, @nyccouncil, and @hadas_gold. Bluesky: @lorak. Forums: r/Economics
| New York Magazine: |
More: Deez Links, WinBuzzer, and Bloomberg
X: @taylorlorenz, @laurengoode, @sharongoldman, @teortaxestex, @david_kasten, @jasminewsun, @speakermenin, @dylanmatt, @taylorlorenz, and @heidykhlaaf. Forums: r/technology
| Lee Harris / Financial Times: |
Analysis: insurers brace for multimillion-dollar claims caused by rogue AI agents, amid concern that Sam Altman, Dario Amodei, and others could be held liable — Insurers and lawyers weigh the cost of potential massive lawsuits and damages against the leaders of OpenAI and Anthropic| New York Times: |
South Korean officials are probing whether AI agents were used in recent bank hacks, after President Lee Jae Myung said “signs” suggest AI models were involved — The president said there were signs that such models were used in recent attacks on several banks involving customer data.
More: Tom's Hardware, Quartz, Wall Street Journal, Financial Times, IJR News, Kyodo News, Reuters, and Political.org
| ABC: |
At an Australian hearing, OpenAI Chief Strategy Officer Jason Kwon pledged faster safety incident disclosures; Anthropic representatives made similar pledges — By national AI reporter Cam Wilson and the Specialist Reporting Team's Miwa Blumer — abc.net.au/news/openai-hearing- apology-key-takeaways/107235640| Laila Kearney / Reuters: |
Google contracts for 3.6 GW of power from Constellation Energy in the US' largest power grid, with new nuclear energy accounting for ~25% of that supply — Google (GOOGL.O) has contracted for 3,590 megawatts of power from Constellation Energy (CEG.O) in the US' largest power grid …
More: Barron's Online, Quartz, Bloomberg, Wall Street Journal, Chicago Tribune, Google, and TheEnergyMag
| Tamara Djurickovic / Tech.eu: |
Hadrian, an agentic AI offensive security service, raised $40M co-led by Forgepoint Capital International and SmartFin, taking its total funding to $65M — Hadrian will use the funding to expand across EMEA and the US while growing its engineering and research teams and further developing …
More: FinSMEs, The SaaS News, SiliconANGLE, and Startup.eu
| Mike Wheatley / SiliconANGLE: |
SignSplit, which offers infrastructure to let people digitally sign datasets, likenesses, and creative works, raised $400M from W Group at a $1B valuation — Few technology companies can help users to protect and monetize their personal data for artificial intelligence as well as SignSplit PBC, it seems.
More: SignSplit, The SaaS News, Ventureburn, Pulse 2.0, RuntimeWire, and FinSMEs
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.
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:
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
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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.
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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.
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
The Upstarts Podcast:
How Ramp Built A $60B AI Product Factory Off A Corporate Card | Co-CEO Eric Glyman
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Great Chat:
Would you let a robot do it?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Training Data:
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Big Technology Podcast:
Can AI Keep Going After The Democrats' Big Win? — With Teddy Schleifer
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Machine Gods:
Crypto's Biggest Heist Ever + The Spy Who Loved Nvidia + Hacktober's Unsolved Mysteries
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