Techmeme
October 28, 2026, 5:55 AM

Top News

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  —  Nvidia and Advanced Micro Devices have said they will invest a total of $4 billion in Meta after the social media …
Anthony Hughes / Bloomberg:
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  —  Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Anthropic:
Anthropic details early drug development work with six partners and says it has acquired Mithril, a one-person company working on muscular dystrophy  —  There are many opportunities to speed up drug development, even beyond the most commonly discussed applications of AI, like proposing initial designs for new molecules.
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  —  Apple Inc., after successfully betting this month that consumers are willing to pay $2,000 or more for a foldable iPhone …
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  —  The company's estimated market opportunity, tied to the economic value of work produced by knowledge workers, tops SpaceX's enormous figure from earlier this year
Stephanie Palazzolo / The Information:
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  —  Discord announced on Tuesday it will make some conversations in its public servers searchable and easier to find on the internet.
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  —  The Genie 4 world model offers more realism and can create audio to accompany its interactive worlds.
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  —  The U.S. agency that oversees derivatives has filed a federal legal challenge to halt Utah's attempt to stop prediction market betting in its state …
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”  —  This month, I laid the traditional coding interview to rest.  As a hiring manager at Anthropic, I stopped asking candidates to do them.
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  —  OpenAI plans to buy Google's AI chips, according to a person familiar with the matter, in a boost for a rising competitor to OpenAI backer Nvidia.
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  —  Amazon laid out its AI usage guidelines for software engineers in a memo to staffers, and discouraged employees from turning to …
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  —  Every Tuesday for the last few months, two dozen of the world's richest people or their advisers hop onto a conference call and plan for war.
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  —  TAIPEI — As executives at PC makers, including HP and Dell, map out their supply needs for 2027, a mundane component has emerged as an unlikely concern.
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  —  TOKYO — Fujifilm will raise production capacity for magnetic tape fivefold to meet artificial-intelligence-driven demand …
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%+  —  Robinhood Markets (HOOD.O) reported a drop in third-quarter profit on Tuesday as slower cryptocurrency trading weighed on growth …

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