Michael Burry's warning that hyperscalers are underestimating AI chip depreciation shows that tech investors may have forgotten how much depreciation can hurt
Costing tens of thousands of dollars each, Nvidia Corp.'s pioneering AI chips make up a hefty chunk of the $400 billion …
Anthropic plans to spend $50B on a US AI infrastructure buildout, starting with Texas and New York data centers in partnership with Fluidstack, opening in 2026
Anthropic announced plans Wednesday to spend $50 billion on U.S. artificial intelligence infrastructure buildout, starting with custom data centers in Texas and New York.
Google files a lawsuit in the SDNY against China-based hackers who it says run the Lighthouse platform for “phishing services”, ensnaring 1M and stealing $1B+
Tech giant aims to dismantle the ‘Lighthouse Enterprise’, which it claims has tricked 1mn victims out of $1bn
Coinbase plans to move its incorporation from Delaware to Texas, saying Delaware “once provided companies with consistency” but now has “unpredictable outcomes”
Coinbase is following Tesla out of Delaware and into Texas. — Paul Grewal, Coinbase's chief legal officer …
Deezer-Ipsos survey of 9,000 music listeners in eight countries: 97% can't distinguish AI-generated music, 73% support clear labelling of AI tracks, and more
A staggering 97% of listeners cannot distinguish between artificial intelligence-generated and human-composed songs …
Fei-Fei Li's World Labs debuts Marble, its first world model, which lets users turn prompts, photos, and other media into editable 3D environments, after a beta
World Labs, the startup founded by AI pioneer Fei-Fei Li, is launching its first commercial world model product.
An analysis of 47K publicly shared ChatGPT chats: ~10% were related to emotional support, ChatGPT's responses started with “yes” 10x more than “no”, and more
The questions flood in from every corner of the human psyche. “What are permanent hair removal solutions?”
The UK proposes an amendment to the Crime and Policing Bill that would let “authorized testers” proactively assess AI models for their ability to generate CSAM
The UK government will allow tech firms and child safety charities to proactively test artificial intelligence tools …
Airbnb says it will launch a three-month pilot on January 5 that lets guests order groceries via Instacart within its app in Phoenix, Orlando, and Los Angeles
Airbnb Inc. is testing a new service with Instacart that will let guests at some US rentals order groceries through the home-sharing app ahead of and during their stay.
IBM unveils two quantum computers, Loon and Nighthawk, that it says feature unprecedented qubit connectivity designs aiming to enable error-free computations
IBM revealed two new quantum computers, called Loon and Nighthawk - the qubits they use are connected in newly intricate ways …
Amazon Echo Show 8 ($180) and Echo Show 11 ($220) hands-on: better hardware and software, Alexa+ is an improvement, but no camera cover and ads are coming later
Amazon's Echo Show 8 and Echo Show 11 launch this week, here are my first impressions — | Photo by Jennifer Pattison Tuohy / The Verge
The UK proposes laws to protect public services from cyberattacks, including regulating companies providing services to private and public sector organizations
We've all seen how our public services & businesses can be crippled by cyber attacks, costing £15b a year. — This bill aims to help protect our key services like the NHS, transport & energy from att...
Foxconn reports Q3 revenue up 11% YoY to ~$66.3B, matching est., net profit up 17% YoY to ~$1.86B, vs. $1.63B est., and expects Q4 results to “remain favorable”
Foxconn, the world's largest contract electronics maker, said Wednesday that its third-quarter profit jumped 17% …
Google unveils Private AI Compute, a cloud platform providing a “secure, fortified space” to run AI tools on devices, similar to Apple's Private Cloud Compute
Google says Private AI Compute maintains privacy while tapping cloud resources.
Waymo becomes the first robotaxi provider to offer driverless rides on freeways, available 24/7 in San Francisco, Phoenix, and Los Angeles for users who opt in
Waymo will become the first robotaxi provider in the US to offer driverless rides on highways, a milestone that positions …
Amazon says it is rolling out a tougher approach to combat illegal sports streaming on Fire TV Stick devices, aiming to block apps that stream pirated content
Amazon is rolling out a tougher approach to combat illegal streaming, with the United States-based tech company aiming …
Boston-based Teradar, which aims to launch a solid-state sensor for autonomous cars in 2028 that it says can outperform lidar and radar, raised a $150M Series B
Matt Carey, the co-founder and CEO of Boston-based startup Teradar loves when people tell him: “I don't believe you.”
Sources: the Chinese government is intervening in how SMIC distributes its chip output for AI, prioritizing Huawei amid US export restrictions on advanced chips
Shortages of advanced AI chips are so acute that Beijing is intervening and tech companies are resorting to workarounds
Kraken co-CEO Arjun Sethi criticizes UK crypto promotion rules, which require clear risk warnings, saying they hinder retail investors by slowing fund movement
Arjun Sethi says users are hindered by dire warnings and hurdles that slow down transactions — The head of crypto exchange Kraken …
Circle reports Q3 revenue up 66% YoY to $739.8M, USDC in Circulation at quarter end up 108% YoY to $73.7B, and net income up 202% YoY to $214M; CRCL drops 5%+
Circle (CRCL.N) topped Wall Street estimates for third-quarter profit on Wednesday, driven by higher reserve income amid rising USDC circulation …
Filing: Synopsys plans to lay off ~10% of its staff, or ~2,000 employees, after completing its $35B acquisition of engineering design firm Ansys earlier in 2025
Synopsys (SNPS.O) will lay off about 10% or roughly 2,000 employees, as the chip-design software maker looks …
ElevenLabs launches an Iconic Voice Marketplace for licensing AI versions of famous voices, such as Michael Caine's; Matthew McConaughey invested in the startup
Michael Caine on starring in Jaws: The Revenge [embedded post] @ghosttornado : Majel Barrett or nothing [embedded post] General Boles / @generalboles : This is the worst thing Caine's done since Jaws ...
Google unveils new Pixel phone features, including AI-based notification summaries, notification prioritization, and Gemini Nano-powered photo edits in Messages
Ivan Mehta / TechCrunch :
AMD CEO Lisa Su says AMD's annual revenue growth will average more than 35% and AI data center revenue growth will average 80% over the next three to five years
Lineup confirms 2026 release for Zen 6, coming with expanded AI features Samantha Subin / CNBC : AMD stock soars 10% on strong growth projections as CEO Su calls AI spending ‘the right gamble’ Kara Gr...
SoFi debuts SoFi Crypto, saying it is the first nationally chartered bank in the US to offer consumers BTC, ETH, and other crypto trading, rolling out in phases
James Hunt / The Block :
Sony unveils a cheaper, Japan-only PlayStation 5 Digital Edition for ~$350, a ~25% discount, following Nintendo's similar move for the Switch 2's launch in June
Financial Times :
Indian investment app Groww raised ~$748M in its Indian IPO, closing up 29% and giving it a ~$9B market cap; Groww is the first Indian YC-backed startup to IPO
Indian online brokerage platform Groww's IPO on Wednesday proved to be the largest listing by an Indian fintech so far this year …
Sources: software-focused PE firm Vista plans significant workforce cuts in the coming years as it uses AI to compile presentations, aggregate data, and more
Software-focused buyout shop will use technology to trim roles making investor presentations and aggregate data
Tel Aviv-based Sweet Security, which helps spot abnormal cloud infrastructure behavior, raised $75M led by Evolution Equity, taking its total funding to $120M
Sweet Security, a Tel Aviv-based startup founded by the Israeli army's former chief information security officer, has raised $75 million in new funding.
Coinbase confirms that it called off acquisition talks with UK-based stablecoin infrastructure startup BVNK; a report had put the deal price at $1.5B to $2.5B
but faster, open, global rails. Lightning, Base, or something new? The smart money's picking its horse. Garrett Skrovina / @gskrovina : Coinbase reportedly walking away from BVNK acquistion is interes...
Menulog, acquired by Just Eat in 2015, plans to shut down in Australia on November 26, leaving Uber Eats and DoorDash as the country's main food delivery apps
Tegan Jones / SmartCompany :
AI inference chipmaker D-Matrix raised $275M co-led by Bullhound Capital, Triatomic Capital, and Temasek at a $2B valuation, taking its total funding to $450M
D-Matrix Corp., a Microsoft Corp.-backed AI chip startup, raised $275 million from new investors including Qatar Investment Authority …
China says the December 2020 theft of 127,272 bitcoin, now worth ~$13B, from Chinese mining pool LuBian is likely a “state-level hacker operation” led by the US
Bloomberg :
Stockholm-based driverless truck startup Einride says it will go public in H1 2026 via a SPAC, valuing the company at $1.8B, and reports ~$43.3M in 2024 revenue
Paul Berger / Wall Street Journal :
JD.com says it had record sales during China's Singles' Day event, without disclosing transaction values, despite Chinese deflation; Alibaba didn't release data
Jacob Gu / Bloomberg :
Meta adds new Threads features for podcasters, as it tries to make the social network the de facto place for people to talk about shows and engage with creators
and hear about it! We're testing podcast previews to make it easy for fans of your threads to find your show 🎧 Connor Hayes / @conno_r : Threads 🤝Podcasts — To drive even more conversations on Thre...
Australia's spy chief Mike Burgess says Chinese state hackers probed telecom networks and critical infrastructure; Australia lost ~$8.1B in 2024 to espionage
Kirsty Needham / Reuters :
German chipmaker Infineon reports Q4 revenue up 1% YoY to €3.94B, vs. €3.91B est., a €231M net profit, and expects 2026 sales growth as AI demand keeps booming
Mauro Orru / Wall Street Journal :
CoreWeave's stock closed down 16.31% after CEO Mike Intrator noted delays at a data center provider that Jim Cramer implied is Core Scientific; CORZ fell 10%+
Welcome to Runtime! Today: An update on our independent journalism mission … Bluesky: Tero Kuittinen / @teroterotero : You must invest in Nvidia because AI chips need to be replaced every 2 years. A...
Maryland-based autonomous military vehicle software startup Forterra raised $238M, including $50M in debt, led by Moore Strategic Ventures at a $1B+ valuation
Lizette Chapman / Bloomberg :
South Korea's KT launches a sovereign cloud platform for Korean enterprises, built on Azure with encrypted in-memory processing and strict local data governance
Jie Ye-eun / The Korea Herald :
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.