Oppo's €1,299 Flagship, Then OnePlus Exits Europe
Oppo launched a €1,299 European flagship nine months before OnePlus confirmed its regional exit. Realme is leaving China as Oppo and OnePlus raise prices on existing phones.
Who Pays for Nebius’s $10B Campus Before GPUs Earn?
AI cloud project finance is becoming a gate for Nebius’s $10B, 310MW Finnish campus: Nebius planned a $3.75B convertible raise, while Nvidia disclosed $3.5B in lease guarantees. Chip performance matters, but builders must fund capacity before it earns revenue.
Broadcom Enters Anthropic’s TPU Credit Stack
A reported Broadcom-backed portion of Anthropic TPU debt may yield about 5.75%, against 8%–9% for a riskier portion. Broadcom has also committed to lend Anthropic up to $42 billion alongside a $125.2 billion, five-year TPU lease obligation.
Elon Musk says the US government owns and controls Starshield systems and “any limits on speed or usage are decided by the US military and ultimately POTUS”
Starshield systems are owned and controlled by the US government. Any limits on speed or usage are decided by the US military and ultimately POTUS. Starlink is a commercial service owned and controlle...
Memo: Netflix is cutting 6% of its staff, or ~1,000 jobs globally across product, tech, legal, and HR, its biggest layoffs since 2022, amid slowing growth
Job cuts affect about 1,000 positions and come as the company struggles with slowing growth — Netflix is cutting 6% of its staff …
Meta releases Muse Spark Open, saying it is the most capable US open-weight model, with 816B total and 42B active parameters and a 1M-token context window
Muse Spark Open is available today and brings leading agentic capabilities to your desktop for the first time on Apple M5 Ultra Mac Studios.
Sources: Anthropic told investors that its Q3 revenue hit $16.8B, up from $11.5B in Q2, and that it was profitable on an adjusted basis in Q3, ahead of its IPO
Rapid growth is slower than some anticipated as fears about the AI trade rattle markets — Anthropic told investors …
OpenAI agrees not to use trade secrets that Apple claims were stolen while their lawsuit plays out, and to collect forensic images of 14 employees' devices
OpenAI agreed not to use trade secrets that Apple Inc. claims were stolen by employees who defected from the iPhone maker …
CoreWeave closed down 15.5% as yields on its bonds near 15% amid concern over tech companies' heavy AI borrowing; Oracle dropped 8.8%, Nebius 10%, Dell 11.3%
CoreWeave's stock and bonds were both hit on Wednesday as investor fear grew that some technology companies are borrowing too heavily …
Eight US states sue OpenAI separately in a bipartisan effort, alleging it didn't implement sufficient safeguards to protect kids and other vulnerable users
More than half a dozen states sued OpenAI Inc. Wednesday alleging the tech giant didn't implement sufficient safeguards to protect vulnerable users, including kids.
Fox Corp. and Roku shareholders approve Fox's $22B acquisition of Roku; Fox expects the deal to be finished in H1 2027, subject to regulatory clearance
At separate special meetings of shareholders Wednesday to vote on the deal, the majority of shares owned by Fox Corp. and Roku investors were in favor the deal.
Researchers say they discovered and communicated with Chinese AI agents that were trying to bypass security controls on websites and were traced to Tencent
Researchers discovered that the agents were trying to bypass security controls on websites and made contact with them.
Epic unveils a refresh of its Epic Games Launcher for PC in preview, saying that the new version is “vibe coded” and “way faster”, and now supports Linux
Epic is making a big push into AI-assisted development, and that approach includes its work on the new, faster launcher.
SpaceXSI debuts Grok Voice 3.0, saying it tops Artificial Analysis' speech-to-speech index, responds in under a second, and costs less than rivals, at $0.08/min
The world's most intelligent voice model. … Today, we're announcing Grok Voice 3.0, the world's most intelligent speech-to-speech model.
Filing: Abdulrahman Alfozan, his wife, and a family member booked one-way tickets from the US to Saudi Arabia for October 12; the FBI arrested him on October 9
The OpenAI employee who was arrested and charged with allegedly using a hidden recording device in one of the ChatGPT maker's …
Microsoft, Health-ISAC, Japanese authorities, and others disrupt a Chinese-language phishing kit ecosystem used to send 1B+ messages to 75K+ entities in 2026
In less than 10 months, cybercriminals used the arsenal of customized, targeted phishing kits to send more than 1 billion malicious messages …
A US appeals court lets Florida enforce a law banning social media accounts for under-14s, rejecting tech groups' claims that it violates free speech rights
A federal appeals court on Wednesday allowed Florida to enforce a state law barring children under 14 from accessing social media platforms …
TSMC says it plans to build an additional 3nm fab in Tainan, Taiwan, set for production in H1 2028, alongside its 3nm capacity in Arizona and Japan's Kumamoto
Taiwan Semiconductor Manufacturing Co. said Thursday it will build another 3-nanometer chip factory in the Taiwanese city of Tainan …
Citizen Lab details AdFection, a zero-click spyware campaign where an Israeli ad company routed targets to spyware servers and infected dozens of devices
Researchers at The Citizen Lab have for the first time released technical evidence of sophisticated mercenary spyware being distributed via online advertising.
YouTube Music rolls out labels for songs created with the help of AI; Spotify has AI labels, and Apple Music plans to add “Made With AI” labels later in 2026
YouTube Music announced Wednesday the rollout of a new labeling system aimed at improving transparency around songs created with the help of generative AI.
OpenAI names Uday Ruddarraju, who joined OpenAI in 2025 and was promoted as CTO for compute in July, to lead its infrastructure and compute businesses
OpenAI has named former xAI executive Uday Ruddarraju to lead its infrastructure and compute businesses, marking the latest leadership shakeup …
Mexican President Claudia Sheinbaum signs a decree banning digital platforms from exposing minors to sexual and violent content, giving them one month to comply
Mexican President Claudia Sheinbaum said she will sign a presidential decree on Wednesday requiring digital platforms …
John Ternus discusses the iPhone Duo, memory shortages, AI, and more; he says “all options should be on the table” after reports that Apple tested Chinese chips
Andrew R. Chow/Cupertino, Calif. … Just below the broad smile he's been wearing all morning, John Ternus' hands are shaking.
Berkshire Hathaway invests an additional $330M in Bending Spoons, taking its stake to 4%, after investing $600M during Bending Spoons' July IPO; BSP jumps 40%+
Shares of conglomerate that owns AOL and Vimeo jump more than 50% on news of expanded investment by Nebraska asset manager
BofA says it hired 1,000 contractors in Q2 to support 3,000 internal staff in patching proprietary and vendor software flaws exposed by AI models like Mythos
Bank of America has hired an army of external contractors to help it patch software vulnerabilities exposed by advanced artificial …
Ukraine says SpaceX has stopped Starshield, its military-grade Starlink service, from working at speeds above 100mph with no warning, disrupting drone missions
Ukraine's Starlink access restricted without warning, Zelensky adviser saysEtiido Uko /Tom's Hardware:SpaceX limits Starlink service for Ukraine's high-speed military drones without prior warningWall ...
Sources: Apple plans to launch Apple Intelligence in China in December via iOS 27.3, with features first rolled out in 2024; the launch won't include Siri AI
Apple Inc. is gearing up to release its artificial intelligence platform in mainland China, following a lengthy regulatory delay …
Jio Platforms seeks to raise up to $3.2B in India's largest IPO, which would value it at as much as $108.3B; the offering opens October 21 and closes October 23
Jio Platforms is set to raise up to $3.2 billion in India's largest IPO to date, which will value the group founded …
Sources and docs: while Bo Hines helped craft the crypto-friendly Genius Act, he had a 33% stake in consulting firm Nxum, which received millions from Tether
Money from Tether flowed to Nxum while Bo Hines worked in the White House on landmark stablecoin legislation.
A researcher says modern neural networks are far more interpretable than believed, with most neurons understandable in models up to trillions of parameters
The cause of polysemanticity in early model organisms wasn't superposition, but several ordinary, mostly fixable issues.
AI infrastructure startup Modal raised a $750M Series D led by Accel at a $15.75B post-money valuation, taking its total funding to $1.2B, and passes $1B ARR
AI infrastructure startup Modal raised a $750 million Series D at a $15.75 billion post-money valuation and topped $1 billion in ARR …
Jensen Huang announces $2B in new European Nvidia investments, including in French startups Doctolib and Genesis AI, adding to $8B invested over the past year
Nvidia Corp. Chief Executive Officer Jensen Huang announced plans to invest $2 billion in European deals during a tour of the region …
ASML expects China to account for ~20% of total sales in 2026, after Q3 sales there surged 109% QoQ, lifting China's share of machine sales from 14% to 23%
Dutch semiconductor equipment giant ASML expects China to account for about 20 per cent of its total sales this year …
A hack of Internet-connected fridge controllers across ~700 European supermarkets exploited critical vulnerabilities in three models flagged by Claroty and CISA
Earlier this week, a mass hack of refrigeration systems at an estimated 700 supermarkets throughout France caused them to suddenly malfunction …
Letter: Democratic senators question Meta's $6.6B in federal tax credits claimed over the past two years toward costs of building “experimental” AI data centers
Democrats on the Senate Finance Committee sent a letter to Mark Zuckerberg, Meta's chief executive, questioning the company's $6.6 billion in tax breaks.
Chainalysis: agentic commerce on Coinbase's Base grew from ~1,500 transactions in Q2 2025 to 138M+ in Q3 2026; 87%+ of the payments were for less than 10 cents
The field of agentic commerce, which describes the use of AI agents to carry out internet transactions, is rapidly maturing, and crypto is fueling the boom.
Sources: Anduril opens a tender offer of up to ~$1.3B for staff at a ~$90B valuation, available in 16 countries for the first time; it was valued at $61B in May
Anduril Industries Inc. is allowing employees to sell shares as part of a tender that stands to value the defense technology startup …
Figma announces new features to define how AI agents work on its platform, including Figma Specs, a Markdown editor that lets users define their design language
Design platform Figma announced a new Markdown-based editor to help define a company's design, bring in design and code libraries …
Anthropic says it is giving employee-like access to METR as part of its pledge to partner with evaluators for assessment of its models and safety practices
Last month, we committed to stronger independent, third-party assessment of our models and safety practices.
WhatsApp rolls out a guest calling feature letting people join a call even if they don't have an account; guests cannot start a call and have to be invited
Apple closes above a $5T market cap for the first time, the second company after Nvidia to do so; Apple had crossed $5T six times intraday previously
To power Apple's next phase, CEO John Ternus needs to raise Apple's AI game — Apple became the second company to close above …
Netflix Chief Content Officer Bela Bajaria is leaving the company and will be replaced by former Disney and Fox executive Peter Rice, who starts October 26
Zenzap, a private messenger with AI agents that aims to replace apps like WhatsApp in the workplace, raised $44M from Bessemer, Lightspeed, and others
Many businesses around the world use consumer-facing chat apps like WhatsApp, Telegram, Discord, or iMessage to talk and coordinate with staff, and exchange documents or data.
Amazon launches two AI wearables, the $75 Bee Frontier wristband and $100 Bee Eclipse magnetic phone-attachment recorder, with a $12/month Bee Pro subscription
Amazon.com Inc. launched two new wearables that use artificial intelligence to record and analyze a person's day …
Ledger unveils Atom, an $899 data-only Android-based smartphone companion device launching in summer 2027, as it pauses some sales following hardware tampering
Atom is a data-only Android device designed to work alongside your smartphone. … Ledger has announced its latest crypto …
Profile of Abdulrahman Alfozan, a Saudi national the FBI arrested after OpenAI found a recording device; he has deep ties to Saudi officials and tech investors
Source: the US FTC issues ~50-page civil investigative demands to OpenAI and Anthropic over safety incidents, safeguarding practices, and consumer protection
- The FTC sought documents from Anthropic and OpenAI with the scope of the probe focused on potential consumer protection violations, a person familiar told Axios.
Filing: OpenAI says a staffer who joined Apple sent 100+ files to a personal account and made a presentation about an unreleased product to Apple leadership
Docs: Nvidia and Apple each committed $25M, the top amount, to Trump's White House ballroom; Microsoft and Palantir each committed $10M, and Meta and Amazon $5M
The records offer a panoramic view of a fundraising campaign that is extraordinary for its size and opacity. — Loading... $2.5M
Bluesky expands Attie, its AI tool for building custom feeds, with a “social vibe coding” feature to create sites, games, quizzes, and more on the AT Protocol
Open social network Bluesky is once again expanding beyond its flagship app. At TechCrunch Disrupt 2026 on Thursday …
Survey: nearly 40% of US adults, and ~50% of those aged 18 to 29, participate in an online community; social media is the primary venue for online communities
Nearly 4 in 10 U.S. adults - including about half of those 18 to 29 - are part of an online community
Ramp raised $1.85B led by Dragoneer at a $60B valuation, up from $44B after raising $750M in June, and hits $2B in annualized revenue, up from $1.5B in June
Ramp has surged to $2 billion in annualized revenue, the fintech company plans to announce Thursday — a milestone that's helped attract fresh investor capital.
Q&A with MIT sociologist Sherry Turkle, who has been studying relationships between humans and machines since the 1970s, on her new book, AI chatbots, and more
Nvidia's RTX Spark Superchip in the Surface Laptop Ultra outperforms Apple's M5 Max MacBook Pro by ~25% in agentic AI completion benchmarks using Qwen models
Laying the foundation for the reinvention of the PC in the agentic AI era — Nvidia CEO Jensen Huang announced the RTX Spark platform …
Asian chipmakers extend Wall Street losses as US Fed rate hike fears and AI funding worries mount; SK Hynix falls 10%+ on the KRX, while Samsung drops ~10%
AI industry extinction warnings are genuine rather than corporate plots for regulatory capture or hype, and they go as far back as the mid-2000s and the 2010s
AI companies like Anthropic and OpenAI have long mentioned the possibility that their products could be existentially dangerous …
Meta says it worked with Apple to make Muse Spark Open run locally on M5 Ultra Mac Studios, letting users pair two to four Studios to code or do agentic work
Tim Cook and Mark Zuckerberg have clashed for years, but with John Ternus taking the reins at Apple, the rivals are finding common ground in artificial intelligence.
GlobalFoundries plans to build two “essential chip” plants in Malta, New York, backed by up to $21B from Japan; the US will take a 4% stake in GlobalFoundries
Jensen Huang says Nvidia is pledging $250M in accelerated computing resources over five years to fund UK AI security and agentic safety research
‘We all care about the same thing’Dan Milmo /The Guardian:Nvidia, worth $5.5tn, donates $250m to UK for AI safety research
TSMC reports Q3 revenue up 50.9% YoY to $46.36B, net income up 68.7% to $23.7B, both above est., marking a sixth straight quarterly profit record on AI demand
Taiwan Semiconductor Manufacturing Co. on Thursday reported a record third-quarter profit that beat estimates, powered by an unrelenting global appetite for AI chips.
Two workers have been killed and another seriously injured at Intel's Kiryat Gat fab in Israel in an explosion resulting from a gas cylinder malfunctioning
A 49-year-old man died Thursday from injuries sustained in Wednesday's blast, which also killed a gas technician and left a third worker in serious condition.
Global smartphone shipments fell 22% YoY to 255.3M in Q3, a record quarterly drop, as Samsung and Apple gained while Xiaomi, Oppo, and Vivo saw deeper declines
Apple and Samsung continue to benefit from a strong premium portfolio to gain share — The global smartphone market shrank 22.0% year …
Amazon Alexa Tablet 12 Pro review: gorgeous screen, Android apps, and nice design and build quality, but Amazon's bloatware is pervasive and Alexa+ is subpar
Volvo says it will use Nvidia's Hyperion platform to launch a Level 2++ hands-free, point-to-point automated driving system by 2030
Flock CEO Garrett Langley defends the company's cameras, arguing that reducing crime means sacrificing privacy in return and that “we shouldn't pause progress”
Google says it has 400+ publications in its News AI pilot, which tests features like overviews; participants include Financial Times, CNN, and The Texas Tribune
Q&A with Dwarkesh Patel on his podcast, lessons from history, AGI, the mood in San Francisco, the Hugging Face hack, Chinese AI, pacing the frontier, and more
Dwarkesh Patel on what the public doesn't know about A.I. — Produced by Sophia Muniz — Dwarkesh Patel is one of the …
ASML reports Q3 net sales of €11.66B, vs. €11.72B est., a €4.96B net profit, vs. €4.1B est., and raises its 2026 net sales forecast from €43B-€45B to €44B-€45B
Sources: Anthropic told investors that distillation accounts for 5% to 7% of its revenue; its rapid but slowing revenue growth could weigh on its IPO valuation
Cory Weinberg /The Information:
OpenAI's head of computing capacity Sachin Katti is leaving the company next month after about a year and is expected to stay on as an adviser
Anissa Gardizy /Wall Street Journal:
Sources: Solidigm, SK Hynix's US unit, seeks US government approval to export US chipmaking equipment to Dalian, China, as a condition for building a US factory
Sources: the EU is negotiating with China to lift sanctions on an unnamed Chinese company in exchange for China lifting sanctions on a German ASML supplier
Sources: top DOJ officials halt career prosecutors' Biden-era investigation of Meta over facilitating illegal drug sales and are weighing more lenient options
Top Justice Department officials have sidelined career prosecutors' long-running grand jury investigation of Meta Platforms …
Portland-based Mueon, which says its AI server racks could fit up to 10x more computing capacity, raised $65M led by Maverick Silicon, with Intel participating
Portland-based startup Mueon raised $65 million to develop a new way to arrange AI server rack components.
Austin-based Icon, which builds robotic 3D-printing construction systems and software, raised a $200M Series D co-led by Baillie Gifford and BlackRock
Nvidia launches Nemotron 3.5 Super VL, a 120B-parameter open model for enterprise agents, and says it outperforms frontier models on specialized benchmarks
Current and former a16z partners and others say Marc Andreessen is driven by grievances that don't quite match reality, as his White House influence grows
The prominent investor has said the Biden administration pushed him to the political right, but sources say his grievances don't always match reality.
Sources: Binance.US seeks to raise up to $100M, targeting a ~$1B valuation in the private round, as it aims to expand its US business; WLF is not participating
Binance.US is looking to raise as much as $100 million as the crypto exchange seeks to beef up its US business amid intensifying competition for digital-asset customers.
Google plans to acquire power from AEP's Cheyenne Fuel Cell under a 20-year deal; AEP will invest ~$4B in the Wyoming fuel cell project using Bloom's tech
CoreWeave says it is targeting insurers' “unlimited” capital, as the AI cloud provider seeks cheaper ways to fund the tens of billions it is spending on chips
www.ft.com/content/4ffa... [images]
Sources: OpenAI executives have warned staff over potential espionage like honey pots and insider threats and told them to adopt operational security measures
could they be a spy??? OpenAI is warning its employees about honeypot spies and strangers with children in playgrounds ... a very fun one with @georgia_wells and @MeghanBobrowsky: https://www.wsj.com/...
Bengaluru-based Scimplify, which uses AI agents and 500+ partner manufacturing facilities to accelerate chemical production, raised $25M led by Hitachi Ventures
TSMC CEO C.C. Wei says the company is in talks over Elon Musk's Texas-based Terafab project, but stresses that any participating fab “has got to be run by TSMC”
Sources: some Anthropic investors discussed a ~$1.5T valuation for its IPO, down from ~$2T they had expected, after disclosures showed slowing Q3 revenue growth
A US official says Trump didn't order any limitations on Ukraine's access to SpaceX's Starshield; Elon Musk said any limits are ultimately decided by POTUS
Sources: ByteDance is in advanced talks to buy data center ASICs from MediaTek, potentially becoming its second major customer for such chips after Google
Experts say Meta's new terms of use will allow scraping of websites, including news sites, “associated with” business accounts on its platforms, with no opt out
Memo: Accenture has told many employees, some of whom had been spending as much as $1,000 monthly, that it will now only spend $29 a month per person on Claude
North.cloud, which helps companies watch their cloud, AI and data spend, raised a $60M Series B led by PeakSpan Capital, taking its total funding to $67M
North.cloud, which helps companies watch their cloud, AI and data spend, closed a $60 million Series B led by PeakSpan Capital, CEO Matt Biringer tells Axios Pro exclusively.
The EU Commission's AI Office launches formal AI Act probes into OpenAI and Anthropic over AI agent hacks; experts say the AI Act includes an R&D exemption
E Ink unveils Kaleido 4, its next-gen color e-paper tech, replacing the Kaleido 3 displays currently used by brands including Amazon, Kobo, and PocketBook
Abdulrahman Alfozan, who worked at Meta and gained US residency in 2020, advised Saudi organizations and is listed as a venture partner at Riyadh-based RAED
Emmy Martin /New York Times:NEW
Salience Labs, which develops specialized all-optical circuit switching tech for AI data centers, raised a $125M Series B led by Bullhound Capital
A look at L-Acoustics, whose audio platform uses machine learning to help artists like Céline Dion isolate their voices and cut through noise at live concerts
A look at Yoti, a digital ID verification app downloaded by 23M people; its revenue grew from £6.2M in 2022 to £32M+ in 2025, with the UK as its biggest market
Perplexity open sources SPACE, its AI agent sandbox, and says partners including CoreWeave, Akamai, and Crusoe agreed to offer SPACE to customers
Bloomberg is making its ASKB conversational AI interface available to all Terminal users, letting them integrate their own content with existing financial data
Sony launches three new Android-powered Walkman music players, including the gold-plated NW-WM1ZM3 for $5,900, as it targets the audiophile market
Sources: YouTube has held talks with publishers in recent months about an audiobook feature that could be ready next year and may be bundled in YouTube Premium
Thoma Bravo-owned cybersecurity company Proofpoint plans to buy data security firm Varonis Systems in an all-cash deal valued at about $6.3B
Alexandr Wang says ex-Apple exec Daniel Gross, now at Meta, helped bring Meta and Apple together: “we're excited for mommy and daddy to be playing nice again”
Apple and Meta, whose leaders have spent years trading barbs over privacy and the future of computing …