Wall Street Journal : A look at the global AI data center buildout, its limits, and ROI concerns; in 2025, US capacity that is built, und...
New York-based Kaizen, which provides a commerce platform for government agencies to offer services like utility billing, raised a $21M Series A led by NEA — Kaizen, a commerce platform for government agencies, raised a $21 million Series A led by NEA, co-founders Nikhil Reddy and KJ Shah tell Axios Pro.
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In its Q3 earnings, Alphabet said the profit included “net gains on equity securities of $10.7B,” in part from a private company, which sources say is Anthropic — Alphabet Inc. and Amazon.com Inc. were rewarded by investors for reporting better-than-expected third-quarter profits.
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Sources: Coinbase is in late stage talks to buy stablecoin infra startup BVNK in a ~$2B deal; Coinbase expects to close the deal later this year or early 2026 — Leading US crypto exchange Coinbase Global Inc. is in late-stage talks to acquire stablecoin infrastructure startup BVNK …
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Brian Armstrong ended Coinbase's Q3 earnings call by saying certain words that Kalshi and Polymarket users had wagered would be mentioned during the call — When Coinbase Global Inc.'s quarterly earnings call wrapped up Thursday, its chief executive, Brian Armstrong, didn't finish with profit guidance or statements of confidence.
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Bluesky says it has hit 40M users and plans to launch “dislikes” in beta to tailor content rankings and reply rankings — Social network Bluesky, which on Friday announced a new milestone of 40 million users, will soon start testing “dislikes” as a way to improve personalization on its main Discover feed and others.
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Microsoft's Q1 earnings, showing that it had a $3.1B net loss from its OpenAI stake, imply OpenAI lost $11.5B during the quarter based on Microsoft's 27% stake — Satya has also delivered Sam most of the cash he promised — Microsoft reported earnings for the quarter ended Sept. 30 …
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Archy, which offers AI-powered dental practice management software, raised a $20M Series B led by TCV, bringing its total funding to $47M — It was 2021 and Jonathan Rat was tired of seeing his wife, a dentist, struggle to maintain the tech stack at her practice.
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Lettuce Financial, which offers an accounting, payroll, benefits, and tax compliance service for one-person businesses, raised $28M led by Zeev — How to break $1M in revenue in a business staffed only by the owners — Lettuce Financial, a San Francisco-based fintech platform for solopreneurs …
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Human Interest, a 401(k) platform for SMBs that aims to cut down on administrative work, raised $100M+ at a $3B post-money valuation, up from $1.3B in 2024 — Human Interest, a San Francisco-based 401(k) platform, tells Axios that it's raised over $100 million at a $3 billion post-money valuation.
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Tether reports that it has generated profits of over $10B during the first three quarters of 2025 and it has issued an additional $17B in USDT during Q3 — - The world's largest stablecoin issuer reported that it has generated profits of over $10 billion during the first three quarters of this year.
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In their latest earnings reports, Meta, Alphabet, Microsoft, and Amazon have announced plans to increase their AI spending in 2026 to a combined $400B — Meta, Alphabet, Microsoft and Amazon will increase spending in 2026; ‘Are we in a bubble?’ — Silicon Valley's biggest companies …
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Pony.ai becomes the first company to receive a citywide robotaxi permit for Shenzhen, allowing self-driving taxis to operate beyond pilot zones — China's Silicon Valley, Shenzhen, is about to allow self-driving taxis to operate throughout the city, ending years of pilot zones and tight limits.
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Sources: ex-xAI researcher Eric Zelikman is raising $1B at a $5B valuation for Humans&, which aims to train AI that is better at collaborating with humans — Humans& is building models that are better at interacting with humans, sources told Forbes.
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Perplexity launches a free AI-powered patent research tool in beta to let users search for patents using natural language queries — Instead of searching for a string of keywords, Perplexity's new tool allows you to use natural language to look for patents.
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Getty and Perplexity sign a multi-year licensing agreement to let the AI startup display Getty's images across its search and discovery tools; GETY jumps 55%+ — Getty Images (GETY.N) and Perplexity signed a global multi-year licensing agreement on Friday, allowing the AI startup to display …
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Denmark says it will withdraw the EU “Chat Control” proposal, which would force tech companies to scan messages for CSAM, and instead support voluntary scanning — The Danes will seek to propose a voluntary detection regime in the CSAM proposal, instead of controversial mandatory detection orders
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Google releases its first AI-generated ad, promoting Search's AI mode, but chooses not to include a label disclosing it was made with Veo 3 and other tools — The search giant becomes the biggest name yet to generate an ad entirely with its Veo 3 and other artificial-intelligence tools
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Nvidia CEO Jensen Huang says he still hopes to sell the company's Blackwell chips to China “someday”, but points out the decision is up to President Trump — Nvidia (NVDA.O) CEO Jensen Huang said on Friday he hoped the company's state-of-the-art Blackwell chips can be sold in China …
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The US CBP signs a two-year deal with AI logistics company Altana, and will use its platform for real-time trade enforcement, forced labor detection, and more — U.S. Customs and Border Protection is expanding its work with supply chain management firm Altana, signing a two-year federal contract …
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Letter: Nexperia suspends supplies of wafers to its Chinese assembly plant, citing a failure to “comply with the agreed contractual payment terms” — Dutch chipmaker Nexperia has suspended supplies of wafers to its Chinese assembly plant, a letter addressed to its customers reviewed …
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YouTube is revamping its TV app to mimic paid streamers like Netflix, organizing videos by seasons and episodes, blurring the lines between pro and user content — YouTube's TV app is starting to look a lot more like Netflix, further blurring the lines between traditional TV and creator shows.
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Samsung says it's partnering with Nvidia to build an “AI Megafactory” and deploy over 50K of Nvidia's most advanced GPUs to embed AI in its chipmaking process — Samsung Electronic Co. Ltd. said today it's partnering with Nvidia Corp. to build an “AI Megafactory” …
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Ofcom chief Melanie Dawes warns social media companies to prove their algorithms protect under-18s from seeing harmful content, or face enforcement action — Ofcom chief Melanie Dawes reveals she held meetings with US AI firms over Online Safety Act — Tech companies will be subject …
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Corporate travel and expense management software maker Navan's shares fell 20% to $20, valuing it at $5B, after raising $923.1M in its IPO at a $6.2B market cap — Navan Inc. shares slumped 20% after the business travel and expense management software maker and some of its shareholders raised $923.1 million …
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Filing: Gloo, a developer of AI tools for Christian churches with ex-Intel CEO Pat Gelsinger as its head of technology, seeks an $873.4M valuation in its US IPO — Gloo Holdings, a religious-oriented technology firm, is seeking a valuation of up to $873.4 million in its U.S. initial public offering …
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