Tech

Microsoft says it supports the OpenAI board moving to form a public benefit corporation and recapitalization, and now holds a ~$135B OpenAI Group PBC investment (blogs.microsoft.com)
2025-10-29 Microsoft

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 (t.co)
2025-10-29

OpenAI says it has “completed our recapitalization”, the OpenAI Foundation now has equity valued at ~$130B, and it continues to control the OpenAI for-profit (openai.com)
2025-10-29 Equity

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 (www.theverge.com)
2025-10-28 AI Adobe

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 (www.nytimes.com)
2025-10-28

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 (www.nbcnews.com)
2025-10-28

Adobe partners with YouTube to offer a Create for YouTube Shorts feature in the Premiere mobile app, letting creators instantly publish video, launching soon (www.thewrap.com)
2025-10-28 Mobile YouTube Adobe

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 (www.cnbc.com)
2025-10-28 IOS AI

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 (www.theverge.com)
2025-10-28 AI Adobe

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 (www.wired.com)
2025-10-28 AI Adobe

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 (www.nytimes.com)
2025-10-28

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 (www.wsj.com)
2025-10-28 AI

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 (www.bloomberg.com)
2025-10-28 China Hong Kong Uber AI

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 (www.ft.com)
2025-10-28 Apple 4Q

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 (www.cnbc.com)
2025-10-28

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 (www.bloomberg.com)
2025-10-28 Startup World Bank

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 (www.theverge.com)
2025-10-28

Jet Engine Shortages Threaten AI Data Center Expansion As Wait Times Stretch Into 2030 (hardware.slashdot.org)
2025-10-28 AI

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” (www.theverge.com)
2025-10-28

Amazon says it will cut ~14,000 jobs across its corporate workforce, after cutting 27,000 from 2022 to 2023; the company employed 1.55M people globally in June (www.bloomberg.com)
2025-10-28 Amazon

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 (techcrunch.com)
2025-10-28 India

Amazon Says It Will Cut 14,000 Corporate Roles To Remove Layers (slashdot.org)
2025-10-28 Amazon

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 (t.co)
2025-10-28 China

Riyadh-based BNPL startup Tabby completes a secondary share sale of existing shareholders' stakes, valuing it at $4.5B ahead of a possible IPO (www.reuters.com)
2025-10-28 IPO Startup

ExxonMobil Accuses California of Violating Its Free Speech (yro.slashdot.org)
2025-10-28 California

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 (www.reuters.com)
2025-10-28 4Q

OpenAI Says Over a Million People Talk To ChatGPT About Suicide Weekly (slashdot.org)
2025-10-28

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 (www.france24.com)
2025-10-28 Australia Ban

NextEra Energy Partners With Google To Restart Iowa Nuclear Plant (hardware.slashdot.org)
2025-10-28 Google Energy

Study Finds Growing Social Circles May Fuel Polarization (tech.slashdot.org)
2025-10-28

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