| Kate Rooney / CNBC: |
Sources: OpenAI nears an up to $30B round led by investors from the UAE and Coatue at a $1.25T pre-money valuation, as an “opportunistic” bridge ahead of an IPO — OpenAI is closing in on a funding round that could value the artificial intelligence giant at more than $1 trillion ahead … | Financial Times: |
Sources: OpenAI has cut its valuation target to $1.25T, down from the $1.4T valuation it pitched earlier in October, after facing resistance from some investors — AI lab floated $1.4tn price tag earlier this month, according to documents seen by the FT — OpenAI has cut its valuation target … | Associated Press: |
The US Treasury proposes a rule to crack down on US high-tech investments in areas like AI and supercomputing in China, Russia, and other “countries of concern” — The U.S. Treasury Department proposed a rule Thursday to crack down on American high-tech investments such as supercomputing … | Tim Fernholz / TechCrunch: |
OpenAI makes Decisions API, its Jev competitor, generally available with new voice and visual modalities, at $0.10/1M input tokens and no output-token charges — OpenAI made its Decisions API model widely available to users for the first time, entering the market for fast … | Wall Street Journal: |
OpenAI suspected the three fired researchers of leaking internal model designs to AI safety researcher Ryan Greenblatt, including via disappearing Signal chats — The company fired three safety researchers for mishandling sensitive information. They had been fighting to keep the workings … | Bloomberg: |
Chinese state media: DeepSeek and MiniMax completed registration and won approval to open-source and deploy AI models overseas under proposed export controls — DeepSeek and MiniMax Group Inc. have won approval to deploy models overseas, part of a wave of homegrown AI technologies that Beijing … | P.R. Venkat / Wall Street Journal: |
SK Hynix says its SSD subsidiary Solidigm has halted a review of a potential US IPO to fund a new US chip fab, citing “market conditions and share price trends” — SK Hynix's shares fell as much as 4.2% in early trade in Seoul — SK Hynix halted plans to list its memory-chip unit in the U.S. … | Financial Times: |
Sources: Anthropic and London-based PE firm Hg agree to launch a consultancy by the end of 2026 to embed AI consultants and engineers into European businesses — New company backed by Anthropic and UK buyout group Hg will advise companies on how to deploy AI| Anthropic: |
Anthropic says it partnered with Theorem to use Claude to formally prove useful security properties at the assembly code level across 123 open-source libraries — Introduction — Even mature, heavily tested software contains bugs, and LLMs are increasingly adept at finding them.| Camila Grigera Naón / Fortune: |
a16z rebrands “a16z Crypto” as “a16z Frontier” and expands the $2.2B fund's scope to back startups developing AI, robotics, and other emerging technologies — In 2018, Andreessen Horowitz made a splash in the venture capital world by launching a spin-off dedicated to digital assets called a16z Crypto.| Dwarkesh Patel / Dwarkesh Podcast: |
An interview with Intel's leadership, including CTO Pushkar Ranade, on AI chip demand, lessons from 10nm, whether Intel can catch up to TSMC, Terafab, and more — What I learned from touring Intel's most advanced fab and talking to its leadership. — I spent two days touring Intel's … | Charlie Warzel / The Atlantic: |
An interview with Ondřej Surý, a volunteer who maintains and helps automate PHP patches, about his role in fixing two critical PHP security vulnerabilities — On Tuesday, the world found out about two massive security vulnerabilities in PHP, a programming language that is used by roughly 70 percent of websites.| Matthew Prince / @eastdakota: |
| Reuters: |
Source: Shein has agreed to pay $100M, equivalent to 44% of its Q2 profit, to settle a US FTC investigation over delivery delays and other customer complaints — Chinese fast-fashion giant Shein (0625.HK) has agreed to pay $100 million to settle an investigation by the US Federal Trade Commission … | Jagmeet Singh / TechCrunch: |
Oura sues Indian smart ring rival Ultrahuman again to block US sales of Ring Pro, months after a redesign helped Ultrahuman return following an import ban — Smart ring maker Oura has sued Indian rival Ultrahuman again, seeking to block U.S. sales of its Ring Pro (pictured above) … | Katherine Davis / Axios: |
Pathos AI, which uses AI to develop oncology drugs, raised a $237M Series E at a $3B post-money valuation, up from $1.6B after its $365M Series D in May 2025 — Precision oncology biotech Pathos AI said Friday it raised a $237 million Series E round at a $3 billion post-money valuation.| Bloomberg: |
SK Telecom unit SK Hyper is in talks with tech firms and investors to finance 15GW of data center capacity in South Korea by 2035; the first 5GW will cost $350B — SK Hyper Co. is in talks with big tech firms and financial investors to secure funding for an envisioned $350 billion data center buildout … | Angeliki Koutantou / Reuters: |
Greece's parliament passes a bill to ban social media platforms for children under 15 from January 1, 2027, and gives companies 2.5 months to verify users' ages — Greece's parliament approved a bill on Friday that bans the use of social media platforms for children under 15 amid growing concerns … | Kelcee Griffis / Bloomberg: |
Sources: SpaceX is in talks with at least one major cellular infrastructure firm to secure a minimum of 80K US cell sites, as it eyes a wireless carrier launch — SpaceX aims to secure a minimum of 80,000 cell sites across the US, and it's in talks with at least one major cellular infrastructure company … | Anthropic: |
| Sarah Perez / TechCrunch: |
Spotify confirms it is rolling out a new Family Plan verification method requiring members to scan QR codes on plan managers' phones within seven days of notice — Spotify confirmed the reports of its crackdown on Family Plan sharing during its third-quarter call with investors … | Robert Hart / The Verge: |
Microsoft says its GPT-5-powered Diagnostic Orchestrator uses agents that mimic panels of experts to diagnose conditions up to 4x more accurately than doctors — 'We're going to build something that is indistinguishable from human performance ... in the next couple of years,' Microsoft AI CEO Mustafa Suleyman tells The Verge.| Ivan Mehta / TechCrunch: |
Canva launches Craft, its first image generation model, trained on human-designed templates, available to all users, and plans to support third-party chatbots — Design platform Canva released its first image generation model, called Canva Craft, developed by its research team to compete … | Rebecca Torrence / Bloomberg: |
Warp Sciences, founded by former OpenAI CPO Kevin Weil to speed up drug development using AI, emerges from stealth with $215M at an $865M post-money valuation — Kevin Weil, the former OpenAI executive who led the ChatGPT maker's AI-for-science efforts, is launching a new startup aimed …
We can build it. Can we judge it? — As agentic AI shortens the path from idea to shipped code, journey evaluation becomes a critical design skill.
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.
Zoho Backstage 4.0: Introducing the most powerful event experience platform from Zoho, ever — Every year, we observe Event Organizers Day on October 23 to celebrate the hard work and creativity event planners bring to every event.
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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