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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 (Kai Nicol-Schwarz/CNBC)
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…
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X adds an intrusive promotional animation of an arm reaching across the screen to direct users to a "promote" post button, targeting verified and Premium users (Andrew Liszewski/The Verge)
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Chinese PCB maker Dongshan rises on its Hong Kong debut, after raising ~$1.3B in an IPO, below its $3B goal, at a $30B valuation, amid a tricky IPO market (Sangmi Cha/Bloomberg)
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Amazon Kindle Paperwhite and Kindle Colorsoft review: premium feel, lightweight, nice colors, and snappy performance, but expensive after price increases (Nena Farrell/Wired)
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Artificial Analysis launches the Intelligence Index v5, with new coding and science benchmarks, built on private datasets; Claude Opus 5.5 (max) leads at 58 (@artificialanlys)
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Google unveils Google Multi-Party Compute (MPC), a digital-asset custody and security service in private preview, set for commercial availability in early 2027 (Aoyon Ashraf/CoinDesk)
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Samsung unveils the $229 Galaxy Buds On, its first open-fit, C-shaped cuff earbuds to compete with Sony and Bose, designed with AI's help, shipping November 6 (Chris Welch/Bloomberg)
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Etsy reports Q3 revenue up 11% YoY to $692.5M, above $668M est., net income of $853.5M after selling Depop, and gross merchandise sales up 9% YoY to $2.65B (Katherine Hamilton/Wall Street Journal)
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Amazon unveils the $500 Echo Show 16, the $200 Echo Time alarm, and the $200+ Alexa Photo Frame, raises smart speaker prices, and previews Alexa Home Map (Chris Welch/Bloomberg)
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Meta quietly launched Waddle World, a Tamagotchi-like, AI pet-rearing game, in the Philippines in September, calling it a "daily journal disguised as a pet" (Mariella Moon/Engadget)
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Chinese AI chipmaker Moore Threads reports Q3 revenue up 1,774% YoY to ~$240M and a ~$7.4M net profit; Moore is building a domestic 100K-GPU cluster with JD.com (Rachel Yeo/Bloomberg)
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Sources: Anthropic's seven cofounders remain extremely influential and personally tight; Daniela Amodei, who runs operations, is seen as a good balance to Dario (Financial Times)
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A US federal grand jury indicts OpenAI engineer and Saudi national Abdulrahman "Abdul" Alfozan on a felony charge of interception of oral communications (Sarah Brager/San Francisco Chronicle)
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AI and cloud cybersecurity startup Upwind Security raised $400M led by Bessemer at a $3.8B valuation, up from $1.5B in January, for $830M in total funding (Marissa Newman/Bloomberg)
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How the UK's Slough, a town on the borders of west London, became the largest data center hub in Europe, hosting 40+ facilities, as locals seek more benefits (Financial Times)
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Email: a hacker attack forced the FEC to temporarily take its filing system offline around 10pm ET on Monday, blocking groups from submitting reports (Dawn Kopecki/Reuters)
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Letter: Senator Elizabeth Warren asks Dario Amodei for "exhaustive responses" to four pages of questions by November 3 regarding existential risks in its S-1 (Corrie Driebusch/Wall Street Journal)
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Malaysia says it seized ~$12.11M worth of AI chips this month, as authorities close in on a syndicate suspected of smuggling through the country's main airport (Rozanna Latiff/Reuters)
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Research: professional analysts followed AI agents' randomly assigned "leans" on subjective analytical decisions 86% of the time; 77% used the agents' arguments (Anthropic)
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Lawsuit: the parents of a 31-year-old say OpenAI's GPT-4o guided her through an aggressive tapering plan off epilepsy meds, leading to her death in February (Teddy Rosenbluth/New York Times)
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S-1: Anthropic had $112.4B in cash and $19.3B in short-term investments on June 30, surpassing every non-bank US company except Berkshire Hathaway and Alphabet (Leslie Picker/CNBC)
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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 (New York Times)
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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 (Jesse Hamilton/CoinDesk)
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SK Hynix expects memory shortages to persist through at least 2030; it has long-term deals with 14 major buyers for 50%+ of its output in 2027 and 2028 (Simon Sharwood/The Register)
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Sources: TPG is in talks to acquire UK-based Ark Data Centres, which operates 27 data centers in the UK and Belgium, from Elliott Management at a ~$5B valuation (Financial Times)
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Industry insiders say PCBs and chip substrates are key supply constraints for consumer electronics makers as AI demand increasingly eats up production capacity (Nikkei Asia)
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Sources: CXMT plans to start HBM3E production despite yields of just 20% to 30%; its HBM3E performance is closer to that of SK Hynix's previous-gen HBM3 chips (Reuters)
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Jio Platforms, India's largest telecom and digital services company, rose 21.4% in its trading debut after raising ~$3.2B in the country's largest IPO (Priyanka Salve/CNBC)
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Sources: Fujifilm plans to increase magnetic tape production capacity fivefold to meet AI-driven storage demand, its biggest production expansion in ~20 years (Nikkei Asia)
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Anthropic's S-1 implies a $40T+ annual TAM based the economic value of knowledge work in 2025, topping SpaceX's $28.5T estimate, without explicitly naming it (Wall Street Journal)
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Sources: HP, Asus, and Acer are shifting some PC production from Thailand and Vietnam back to China amid rising component costs; Dell is mulling a similar move (Nikkei Asia)
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The US FCC approves Amazon Leo's $11.5B acquisition of Globalstar, giving Amazon access to Globalstar's 24 satellites and mobile satellite spectrum (David Shepardson/Reuters)
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Sources: chipmaker Onsemi is in talks to acquire 16-year-old chip startup Ferric for ~$1B; PitchBook: Ferric last raised a $32.1M Series C in December 2024 (Valida Pau/The Information)
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Letter: two Democratic senators allege the Trump administration withheld a secret FISC ruling on search filters that let analysts access Americans' messages (Dell Cameron/Wired)
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SK Hynix plans to return $22B+ in dividends and ~$15B in buybacks to shareholders, on top of its ~$30B buyback program completed in August (Kwanwoo Jun/Wall Street Journal)
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Toronto-based fintech Wealthsimple raised up to CA$425M led by GIC at a post-money valuation of CA$13.8B, up from CA$10B in 2025 (Reuters)
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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 (Ryan Barwick/The Information)
Ryan Barwick / The Information : Source: OpenAI, a major Nvidia customer, plans to buy Google's TPUs; a job listing…
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An Anthropic hiring manager says he stopped giving coding interviews because Claude is better at them and tells junior engineers that "hunger beats tenure" (Felix Rieseberg)
Felix Rieseberg : An Anthropic hiring manager says he stopped giving coding interviews because Claude is better at…
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SK Hynix reports Q3 revenue up 328% YoY to ~$78.8B, vs. ~$74.07B est., and operating profit up 632% to ~$62.76B, vs. ~$57.78B est. (Jenny Lee/CNBC)
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Anthropic expands its US GSA partnership to give federal, state, local, tribal, and territorial governments a 40% discount on Claude, estimated to save $1B (Anthropic)
Anthropic : Anthropic expands its US GSA partnership to give federal, state, local, tribal, and territorial…
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Infisical, which helps companies use AI agents without handing over their private credentials, raised a $40M Series B led by Elad Gil at a $600M valuation (Rashi Shrivastava/Forbes)
Rashi Shrivastava / Forbes : Infisical, which helps companies use AI agents without handing over their private…
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NXP reports Q3 revenue up 19% YoY to $3.79B, vs. $3.76B est., and forecasts Q4 revenue below estimates; NXPI drops 7%+ after hours (Christina Kyriasoglou/Bloomberg)
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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 (Mark Gurman/Bloomberg)
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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 (Lauren Forristal/TechCrunch)
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Anthropic details early drug development work with six partners and says it has acquired Mithril, a one-person company working on muscular dystrophy (Anthropic)
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Robinhood reports Q3 revenue up 12% YoY to $1.42B, in line with est., crypto revenue down 55% to $120M, and profit down 14% to $476M; HOOD drops 5%+ after hours (Reuters)
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Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026 (Bloomberg)
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Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares (Anthony Hughes/Bloomberg)
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Memo: Amazon says measuring AI adoption solely by token usage or code generation is "deeply flawed," as it discourages staff from tokenmaxxing (Annie Palmer/CNBC)
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