Techmeme
October 20, 2026, 4:55 PM

Top News

Anissa Gardizy / Wall Street Journal:
Anthropic's IPO prospectus: H1 2026 revenue of $16.3B, ~20% from two customers, vs. $1.1B in H1 2025, and an $80.7B net loss driven by accounting charges  —  In a new draft prospectus viewed by the Journal, the AI giant disclosed an $80.7 billion net loss for the first half of 2026 and a long list of risk factors
Saritha Rai / Bloomberg:
DeepSeek open-sources DeepInfer, its high-performance inference framework that powers its production services, starting with support for DeepSeek-V4.1-Flash  —  DeepSeek is opening up the software it uses to run its artificial intelligence models at scale, potentially making its technology cheaper and easier for businesses to run.
Lora Kolodny / CNBC:
SpaceX reports Q3 revenue up 161% YoY to $14.58B, vs. $12.72B est., AI revenue up 830% to $7.56B, and AI operating income of $431M, up from a loss of $1.7B  —  SpaceX reported 161% revenue growth for the third quarter, driven by the company's artificial intelligence business and Starlink Subscriber growth.
Mike Allen / Axios:
Joel Kaplan, Meta's chief global affairs officer, plans to leave in 2027 after 15+ years as Mark Zuckerberg's top DC adviser; Kaplan has close Trump ties  —  Joel Kaplan, Meta's chief global affairs officer, will leave Meta next year after 15+ years as Mark Zuckerberg's top Washington adviser.
Sebastian Herrera / Fortune:
A profile of Xbox CEO Asha Sharma; sources: Xbox plans a major Game Pass overhaul, a next-gen handheld device by late 2027, and next-gen console by late 2028  —  Xbox CEO Asha Sharma.  —  Asha Sharma returns from one of her walking meetings around Microsoft's sprawling campus in Redmond …
Julie Bort / TechCrunch:
Google launches TorchTPU, an open-source version of PyTorch to let AI apps run on TPUs and Google Cloud via simple configuration changes without rewriting code  —  On Tuesday, Google announced that TorchTPU, its long-awaited version of PyTorch, is now available as an open-source project.
Madison Mills / Axios:
OpenAI acquires Orchestra Bio, which builds AI agents for managing drug development, and plans to integrate its tech into OpenAI life sciences suite Rosalind  —  OpenAI has acquired Orchestra Bio, a startup building AI agents to help pharmaceutical companies manage drug development, the ChatGPT maker shared exclusively with Axios.
Bloomberg:
Google says Cloud services in its London region are recovering after a “power event” caused a multi-hour outage that affected Revolut and several European banks  —  A Google Cloud outage in Europe that knocked out digital bank Revolut Ltd. and other online services for several hours …
Sarah Whitten / CNBC:
OpenAI:
OpenAI says its new models are better for building and migrating software in low-resource legacy programming languages like COBOL, Fortran, and Visual Basic  —  Our latest model advances bring stronger capabilities for building and migrating software in low-resource programming languages such as COBOL, Fortran, and Visual Basic.
Wall Street Journal:
Sources: Elon Musk ordered Starshield slowdown in Ukraine and discussed it with Trump after the issue became public; some US officials say he acted unilaterally  —  The SpaceX founder authorized the move and has been discussing Ukraine with Trump, but the president has denied ordering the restrictions
Spencer Soper / Bloomberg:
Amazon plans to hire 300K+ US workers for seasonal, part-time, and full-time roles for the upcoming holiday season, up 20% from 2025, paying $20/hour on average  —  Amazon.com Inc. plans to hire more than 300,000 workers during the holiday shopping season, up 20% from a year ago …
MacKenzie Sigalos / CNBC:
Apple says it will commit up to $100M over three years to Pennsylvania-based Perryman, a titanium supplier for the iPhone Duo, and expand its Qnity partnership  —  Apple is adding a U.S. titanium supplier for its new iPhone Duo and expanding domestic production of camera components …
Sarah Perez / TechCrunch:
Spotify launches paid podcast memberships in 34 markets, including the US; creators can offer perks like bonus content or fewer ads and keep 90% of revenue  —  Spotify on Tuesday launched paid memberships, a new way for podcasters to make money from their biggest fans beyond paywalled bonus episodes.
Bloomberg:
Salesforce agrees to acquire AI-powered marketing platform Braze for nearly $5.7B in enterprise value, paying $47.50 per share, set to close from February 2027  —  Salesforce Inc. plugged a gap in its marketing platform with an agreement to buy Braze Inc. for an enterprise value of about $5.7 billion …
Mark Bergen / Bloomberg:
Amazon pledges to spend €16B+ in Germany in 2027 on AWS and AI data centers, its Leo satellite internet, Prime Video media production, and a Berlin robotics lab  —  Amazon.com Inc. said it will invest more than €16 billion ($17.9 billion) next year in Germany for operations including data centers …
Kate Rooney / CNBC:
Arda, which builds AI software and agents to accelerate assembly lines and manufacturing, raised $230M at a $1.5B valuation led by Altimeter, Accel, and Khosla  —  OpenAI's former research chief has been quietly building a startup that aims to bring manufacturing back to the U.S. using AI.
Dennis Crowley / Teendrama Snippets:
Foursquare co-founder says the company was acquired a month ago in a deal resulting in a $0 payout for equity holders, and faults leadership installed in 2021  —  After 17 years, FSQ's ending has been written.  Some thoughts on our final years, an effort to honor the team …
Bloomberg:
Sources: Polymarket investors pressured CEO Shayne Coplan to add stricter financial and operational controls; Elon Musk's lawyer, Alex Spiro, joined its board  —  When Founders Fund considered investing in Polymarket in 2025, it learned that the prediction-market startup's young chief executive …
Politico:
Sources: OpenAI has retreated from advocating for strict export controls on US chipmakers selling to China, a boon for Nvidia and aligning with President Trump  —  OpenAI has changed its tune on China.  Nvidia is a big winner.  —  OpenAI for much of last year advocated for strict limits …
Paul Sandle / Reuters:
The UK CMA proposes that Apple lower fees and remove technical barriers to its contactless tech to help Apple Pay rivals; a consultation runs until November 17  —  Britain's competition regulator said on Tuesday it was seeking to loosen Apple's grip on contactless payments by proposing …
Jason Hiner / The Deep View:
Inception debuts Mercury 3, a diffusion LLM that it says tops GPT-6 Luna, Claude Haiku 5.5, and GLM-5.3 Flash on agentic benchmarks while being 4x to 8x faster  —  W  —  hile the AI industry has bet heavily on LLMs and the massive data centers needed to scale them, one of the neolabs betting …

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Shakeel Hashim / Transformer:
Sam Biddle / The Intercept:
Bloomberg: