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Apple commits up to $100M over three years to Pennsylvania-based Perryman Company, a titanium supplier for the iPhone Duo, and expands its Qnity partnership (MacKenzie Sigalos/CNBC)
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Chinese state media: China inaugurates the National Data Group, a new state-owned enterprise that will focus on developing and utilizing data resources (Reuters)
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Note-taking tool Otter.ai raised $320M in non-dilutive capital from General Catalyst's Customer Value Fund; PitchBook says it raised $50M prior to this round (Ivan Mehta/TechCrunch)
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Four Z.ai founders participated in a 2018 to 2021 research project co-funded by CGTRI, which the UK's MI5 said had "very strong ties" to China's main spy agency (Bloomberg)
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Alibaba, Tencent, and Huawei are pouring billions into data centers in Shaoguan, a hinterland region with cheap power and a cool climate, angering some locals (Financial Times)
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Google says Cloud in its London region is "experiencing issues" starting on Monday at 23:08 PDT; a source says a major Revolut outage is due to Google Cloud (Bloomberg)
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Anthropic's leaked federal AI bill draws widespread criticism from AI safety advocates for being significantly weaker than the bipartisan FRONTIER Act (Shakeel Hashim/Transformer)
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The UK CMA proposes measures requiring Apple to provide easier access to its contactless tech and reduce access fees, with a consultation until November 17 (Paul Sandle/Reuters)
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Estonia-based web traffic security company Blackwall raised a $100M Series C led by AVP at a $2.2B valuation, after raising a $49.2M Series B in March 2025 (Ram Iyer/TechCrunch)
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Sources: ByteDance, Alibaba, and Tencent ordered 3M+ of Nvidia's new RTX PRO 5500 GPUs worth $35B+, in a rush to secure less powerful, export-compliant chips (Reuters)
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Survey: 20% of US adults regularly consume news on TikTok, up from just 3% in 2020; 39% of those aged 18 to 29 and 25% of those aged 30 to 49 do so regularly (Katerina Eva Matsa/Pew Research Center)
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Amazon pledges to spend €16B+ in Germany in 2027 on AWS and AI data centers, its Leo satellite program, Prime Video media production, and a Berlin robotics lab (Mark Bergen/Bloomberg)
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Analysis: London fell from 7th to last place out of 18 European capitals for median mobile download speed from 2021 to 2026; 5G adoption has outrun 5G capacity (Luke Kehoe/Ookla)
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OpenAI says its new models show major performance leaps in low-resource legacy languages like COBOL, Fortran, and Visual Basic, used by banks and governments (OpenAI)
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The US sanctions MiraclePlus, a Chinese VC firm founded by ex-Microsoft executive Lu Qi, over alleged ties to Zhisuan, accused of stealing Google's AI secrets (Bloomberg)
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Ant-backed Mynt, which runs mobile wallet app GCash, rose as much as 2.4% in Manila after raising $841M in the Philippines' largest-ever IPO, valuing it at ~$7B (Kimberley Kao/Wall Street Journal)
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Leaked documents detail ECHOTRIBBLE, a nascent US Army Cyber Command program for agentic AI to autonomously spread across networks to find and eliminate targets (Sam Biddle/The Intercept)
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Chinese robovan maker Neolix raised a $400M Series E led by Boyu, taking total funding to $1.4B+; it operates 30K+ vehicles in 300+ cities across 20 countries (Saritha Rai/Bloomberg)
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An Australian minister says the eSafety Commissioner plans to sue Meta, TikTok, Snapchat, and YouTube over alleged breaches of the under-16 social media ban (Angus Whitley/Bloomberg)
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Mercury CEO Immad Akhund says the fintech hit $1B in annualized revenue, up ~50% YoY, has more than 450K customers, and is launching a payroll service (Eric Newcomer/Newcomer)
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Inception launches Mercury 3, a diffusion-based LLM it claims is "comparable to Luna and Haiku models" but 4x to 8x faster, generating ~1,000 tokens per second (Jason Hiner/The Deep View)
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Korean data-center company Elice falls 30%+ in Kosdaq trading debut; sources: Australian data center operator AirTrunk delays real estate investment trust IPO (Bloomberg)
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Sources: OpenAI is racing to secure investor commitments before Anthropic's expected IPO in mid-Nov. and aims to raise ~$30B; the round could value it at $1.4T+ (Reuters)
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Sources: Ted Sarandos complained for months of a lack of new hit shows at Netflix and US watch time being down; it just fired its film chief and content chief (Wall Street Journal)
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Sources: Waymo aims to expand its fleet to 8K by the end of this year, up from 4K today, and to 20K by the end of 2027, after raising $5B in debt this month (Ellen DiMauro/Semafor)
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Sources: Eric Schmidt, who owns ~1% of Anthropic after investing tens of millions in its Series A, is poised to have one of the largest windfalls from its IPO (Bloomberg)
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The US FTC clears Publicis' $2.2B LiveRamp acquisition, subject to a consent decree requiring equal access to LiveRamp's data connectivity tools for all clients (Leah Nylen/Bloomberg)
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Dream Labs, which offers an API for its Dream-1 robot foundation model trained on human videos, raised a $90M seed led by B Capital and Kindred Ventures (John Koetsier/Forbes)
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Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset custody (Paige Smith/Bloomberg)
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Sources: Nscale is in talks for a second deal with Anthropic worth ~$45B to deliver 460MW of computing power at its West Virginia campus using Vera Rubin chips (Bloomberg)
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Meta details Prometheus, its gigawatt-scale supercluster in Ohio, which will have ~1M GPUs at full scale and was used to train its Muse foundational models (Engineering at Meta)
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Town, which develops enterprise AI assistants, raised a $108M Series B at a $1B valuation, after announcing a $55M Series A in June (Dominic-Madori Davis/TechCrunch)
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Developers and vibe coders are using AI tools like Claude Code to get rid of sponsored ads on their smart TVs, disable tracking features, and more (Sarah Perez/TechCrunch)
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Prism Data, which provides credit-scoring data and analytics that help lenders assess borrowers, raised a $20M Series A led by Story Ventures (Ryan Lawler/Axios)
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Tolan, an AI assistant focused on users that are not tech-savvy, raised $30M from USV, Khosla Ventures, and Homebrew, and says 70% of its users are women (Alex Konrad/Upstarts Media)
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Sources: DeepSeek and Huawei are collaborating on future AI chip designs; DeepSeek plans to start using Ascend 950DT for pre-training as soon as 2026's end (The Information)
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SCOTUS rejects an appeal by BMG, Sony Music, UMG, and Warner Music, upholding a decision that copyright termination rights apply globally, not just in the US (Blake Brittain/Reuters)
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Apple announces a "Pro and tell" event on October 28 10am PT in LA, where its first touchscreen MacBook, a 14" MacBook Pro with M6, and more are expected (Chance Miller/9to5Mac)
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Amazon introduces TorchNeuron, an open-source tool that will allow developers to run code written in PyTorch on Amazon's Trainium chips with no rewrite (Todd Bishop/GeekWire)
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AI infrastructure startup Modal says it plans to start using Nvidia's Vera CPUs for the first time for hosting agents, alongside existing Intel and AMD chips (Stephen Nellis/Reuters)
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MiniMax launches M3.1 Flash, saying it delivers "a generational leap" in agentic tasks, coding, computer use, and cybersecurity, with weights due October 23 (MiniMax)
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Sources: DHS officials asked CISA to hack a voting machine to report vulnerabilities to the White House without telling the vendor; the request wasn't acted on (ProPublica)
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The US DHS orders all federal civilian agencies to remove any DeepSeek tech from their IT systems and prohibits future procurement of its products and services (Connor Hart/Wall Street Journal)
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Sources: US investigators pursuing ShinyHunters, which stole FBI data, identified executives at two ransomware negotiation firms who had unusually close ties (Brian Krebs/Krebs on Security)
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Filing: US prosecutors say OpenAI suspect Abdulrahman Alfozan maintained frequent WhatsApp contact in 2025 and 2026 with an unnamed Saudi Royal Family member (Dan Mangan/CNBC)
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Source: Anthropic is preparing a model with superior intuition and reasoning that can discern unstated intentions and is better at thinking outside of the box (Stephanie Palazzolo/The Information)
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Tel Aviv-based doubleAI releases its debut code execution model to optimize GPU and CPU performance; doubleAI raised $220M and acquired 1,000 Nvidia B300 chips (Belle Lin/Wall Street Journal)
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Vinted faces an influx of listings suspected of containing stolen goods following widespread French riots, which targeted Sephora, Louis Vuitton, and Burberry (Yazhou Sun/Bloomberg)
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Deutsche Telekom, Orange, Telefónica, and Vodafone agree to explore a joint bid to offer "direct-to-device" satellite service in Europe, challenging Starlink (Financial Times)
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