OpenAI completes its recapitalization, “simplifying” its structure; OpenAI Foundation now has equity valued at ~$130B and still controls the OpenAI for-profit
OpenAI has completed its recapitalization, simplifying its corporate structure. The nonprofit remains in control …
Grokipedia, a Grok-based encyclopedia, launches with 885K+ articles, drawing from Wikipedia content; Elon Musk called it “a massive improvement” over Wikipedia
The right-leaning tech magnate is touting his own online encyclopedia as an unbiased alternative, but it went down after about an hour.
Microsoft now holds a ~$135B investment in OpenAI Group PBC, or a ~27% stake, down from 32.5%; OpenAI commits to purchase an additional $250B in Azure services
Since 2019, Microsoft and OpenAI have shared a vision to advance artificial intelligence responsibly and make its benefits broadly accessible.
Amazon says it will cut ~14,000 jobs from its corporate workforce, after cutting 27,000 across 2022 and 2023; the company had 1.55M employees globally in June
Amazon.com Inc. plans to eliminate roughly 14,000 corporate jobs just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company's workforce.
xAI's Grokipedia says Grok fact-checked its entries and some “content is adapted from Wikipedia”; some pages, like the PS5's, are almost identical to Wikipedia
Some of Grokipedia's pages say that content is ‘adapted’ from Wikipedia.
At its Adobe Max event, Adobe unveils AI tools for Photoshop, Premiere Pro, and Lightroom, and says Firefly Image 5 can generate images in native 4MP resolution
Adobe's Creative Cloud and Firefly apps are adding new ways to do labor-intensive photo and video editing tasks for you.
OpenAI estimates ~0.07% of ChatGPT's weekly active users “indicate possible signs of mental health emergencies” like mania, and details its safety improvements
Millions use ChatGPT like a therapist, but that's about to change Viktor Eriksson / PCWorld : Over 1 million ChatGPT users mention suicidal intent every week BBC : ChatGPT shares data on how many user...
An ex-OpenAI staffer of four years says it isn't doing enough to protect users, especially those with mental health issues, and needs to offer more than words
I've read more smut at work than you can possibly imagine, all of it while working at OpenAI. — Back in the spring of 2021 …
PayPal CEO Alex Chriss says the company signed a deal with OpenAI to let shoppers use PayPal's digital wallet in ChatGPT to pay for items, starting in 2026
PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through …
Microsoft gets access to OpenAI tech through 2032, including models post-AGI but excluding consumer hardware; OpenAI can now develop products with third parties
OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly …
Truth Social launches Truth Predict, a prediction market platform in partnership with Crypto.com to let users trade on major current events like elections
US president's social media platform enters prediction market sector — Donald Trump's Truth Social platform is to offer users …
PayPal reports Q3 revenue up 7% YoY to $8.4B, total payment volume up 8% to $458.1B, above $450.3B est., and raises its FY 2025 EPS forecast; PYPL jumps 10%+
Bloomberg :
Substrate, which aims to challenge TSMC, raised $100M+ from Founders Fund, General Catalyst, and others at a $1B+ valuation as it seeks to boost US chip making
a new form of advanced X-ray lithography—to power them. America invented semiconductors. We will lead again. [video] @substrate : The United States invented all of the critical technologies that power...
Adobe plans to support custom AI models in Firefly, updates Firefly to generate soundtracks and speech, adds an AI assistant to Photoshop and Express, and more
Jacob Roach / Wired :
A profile of Substrate, which uses particle acceleration to handle lithography, claiming to solve one of tech's toughest problems, and aims to compete with ASML
A secretive American startup has emerged with aspirations to challenge two titans of the semiconductor industry: ASML Holding NV and Taiwan Semiconductor Manufacturing Co.
Visible Alpha: Apple's Services unit revenue is set to hit $108.6B in the year to September, its first time above $100B and up 13% YoY, ahead of its Q4 results
Tech giant's high-margin unit has doubled in size over the past five years — Apple is set to top $100bn in annual revenues …
Adobe partners with YouTube to offer a Create for YouTube Shorts feature in the Premiere mobile app, letting creators instantly publish video, launching soon
Kayla Cobb / The Wrap :
Adobe unveils Project Moonlight, an AI agent on its Firefly platform designed to act as a creative director for social media campaigns via text prompts
The Verge :
After AWS's major outage, Signal's Meredith Whittaker says there “isn't really another choice” but to use AWS and “the entire stack” is “owned by 3-4 players”
Meredith Whittaker is using the AWS outage as an opportunity to highlight the 'concentration … Bluesky: @meredithmeredith , @meredithmeredith , @meredithmeredith , and @meredithmeredith Forums: r/tech...
A US judge decertifies a class action that accused Apple of monopolizing the market for iPhone apps, citing errors in the plaintiffs' damages model
- Judge reverses February 2024 class certification — Apple monopolization said to result in higher prices — Disappointed plaintiffs to review next steps, lawyer says
Apple crosses a $4T market cap in intra-day trading, making it only the third public company ever to reach the milestone; AAPL is up 56% since its April low
Joining Microsoft And Nvidia Quartz : Apple hits $4 trillion market cap amid Wall Street rally and strong early iPhone 17 sales Dennis Sellers / MacTech.com : Apple's market capitalization briefly sur...
Stablecoin startup ZAR raised $12.9M led by a16z to test USD-backed coins for Pakistan, which the World Bank estimates has the third-largest unbanked population
Andreessen Horowitz is leading funding for a year-old startup that seeks to popularize the use of stablecoins through neighborhood stores …
Securitize, a blockchain company that tokenizes investments, files to go public via a SPAC started by Cantor Fitzgerald, valuing Securitize at $1.25B pre-money
Securitize, the “real world assets” platform that powers BlackRock's tokenized money market fund, will go public through a merger …
An analysis of 30+ US data center proposals in 14 states: in most cases, local officials signed NDAs and worked with apparent shell companies to hide details
Big Tech companies use secrecy agreements with local governments to keep communities from knowing who is building in their backyards. Bluesky: @justinhendrix . Forums: r/artificial Bluesky: Justin Hen...
NextEra Energy and Google sign a 25-year power supply deal, which includes restarting the 615MW Duane Arnold nuclear plant in Iowa, shut down in 2020
Vallari Srivastava / Reuters :
A livestream of Nvidia's GTC October 2025 Keynote with CEO Jensen Huang
Watch NVIDIA CEO Jensen Huang's GTC keynote to catch all the announcements on AI advances that are shaping our future.Dive into the announcements and discove...
ConductorOne, which helps address identity cybersecurity risks for human and AI staff, raised a $79M Series B led by Greycroft, sources say at a $350M valuation
As identity-related cyberattacks increase, ConductorOne has raised $79 million to make sure employees — human or not — can securely access the work apps they need.
Nvidia plans to invest $1B in Nokia for a 2.9% stake in the company, an apparent vindication of the Finnish company's pivot from mobile networking to AI
Nvidia Corp. plans to make a $1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company's pivot …
Palo Alto Networks launches Cortex AgentiX, AI agents that can be deployed across various security vendor platforms to automate cybersecurity actions
Palo Alto Networks on Tuesday launched new artificial intelligence agents that allow customers to automate certain cybersecurity actions.
Meta and TikTok say they will comply with Australia's under-16 social media ban, taking effect on December 10, but warn the landmark law may be hard to enforce
Agence France-Presse :
A look at Anthropic's success in corporate AI, which makes up ~80% of its revenue; a July report put its enterprise API market share at 32%, above OpenAI's 25%
and it's all thanks to this one problem OpenAI can't solve Maria Garcia / Implicator.ai : Anthropic's finance push lands while revenue closes in on OpenAI Samreen Ahmad / Tech in Asia : Will India's t...
Blackstone partners with Humain to invest about $3B in building and operating data centers and AI infrastructure across Saudi Arabia, set to open in 2026
Private equity giant Blackstone Inc. is partnering with Saudi Arabia's new artificial intelligence company, Humain …
OpenAI urges the US to commit to building 100GW of new energy capacity each year to stay ahead of China in AI, and says “electrons are the new oil”
mobilizing private capital alongside government partners to establish accredited, classified data centers purpose-built for government AI. Bluesky: Nitish Pahwa / @nitishpahwa.com : if I say “my ass i...
Livestream marketplace Whatnot raised $225M at an $11.5B valuation, after raising $265M at a $4.97B valuation in January, taking its total funding to $968M
Michael J. de la Merced / New York Times :
Circle launches the test version of its Arc blockchain, with Goldman, BlackRock, Apollo, Anthropic, Intercontinental Exchange, and others set to trial it
Anna Irrera / Bloomberg :
Sources: the Netherlands took control of Nexperia over fears its ex-CEO Zhang Xuezheng was dismantling its European operations and moving production to China
Toby Sterling / Reuters :
Chegg plans to cut 388 roles, or about 45% of its workforce, citing the “new realities of AI”, and says Executive Chairman Dan Rosensweig is returning as CEO
Vallari Srivastava / Reuters :
NXP reports Q3 revenue down 2% YoY to $3.17B, vs. $3.16B est., automotive revenue flat YoY to $1.83B, and expects above estimates Q4 revenue of $3.20B to $3.40B
Juby Babu / Reuters :
EU officials are scrambling to resolve a growing trade clash with China over rare earths and chips, as the bloc gets caught between Beijing and Washington
Financial Times :
OpenAI offers its cheaper ChatGPT Go plan for free for one year to users in India starting November 4, but did not say how long the offer would remain available
Jagmeet Singh / TechCrunch :
Mem0, which aims to build a “memory passport” so users' AI memory can travel across their devices, apps, and agents, raised $24M, including a $20M Series A
Taranjeet Singh (pictured right) has launched six companies, with some failing and others seeing varying degrees of success.
Riyadh-based BNPL startup Tabby completes a secondary share sale of existing shareholders' stakes, valuing it at $4.5B ahead of a possible IPO
Appfigures: between September 30 and October 18, OpenAI's Sora had 2.6M iOS downloads, above the Meta AI app, which had 1.1M; Sora is iOS- and invite-only
Sources: Uber plans to invest in the Hong Kong listings of Pony AI and WeRide, deepening its Chinese robotaxi ties, including ~$100M in Pony AI's share sale
Bloomberg :
Fireworks AI, which helps developers access AI chips and models, raised a $254M Series C at a $4B valuation, split into a $230M primary and $24M secondary round
Belle Lin / Wall Street Journal :
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.