Here are the latest updates from Techmeme
Techmeme (techmeme.com) is a long-running technology news aggregator website and curator website that focuses on surfacing the most important, trending, and breaking tech news stories from across the web in real time. Techmeme aggregates tech-related news articles, blog posts, and social media discussions from thousands of sources such as The Verge, TechCrunch, Wired, The Information, Bloomberg, and X (Twitter) and presents them in a ranked, curated feed based on relevance, popularity, and source credibility.
Today’s updates on Techmeme
- Financial Times: Jensen Huang's departure exposes internal politics at Nvidia; source: Huang ran it as a “feudal system” with his daughter and son-in-law in powerful positions — After 33 years building Nvidia into the world's most valuable company, its […]
- Wall Street Journal: Source: at a meeting in August 2026, Jensen Huang interrupted Colette Kress' presentation, calling her “a deer in the headlights” and just a “reporting CFO” — Interim CEO Colette Kress has questioned some Huang dealmaking. He […]
- Sally Ward-Foxton / EE Times: South Korea-based DeepX tapes out DX-M2, an edge AI chip to run inference of 100B-parameter LLMs on robots and drones, targeting fall 2027 for mass production — DeepX is targeting edge markets including robotics […]
- Eduardo Baptista / Reuters: A review of Chinese contracts, disclosures, and other documents identifies $3.2B+ in compute projects built or planned around Nvidia GPUs restricted by the US — Nvidia has said US export controls have effectively shut it […]
- Sangmi Cha / Bloomberg: AI server maker xFusion gets approval from the Shenzhen Stock Exchange for a ChiNext IPO; filing: the company aims to raise ~$1.2B by issuing up to 220M shares — Artificial intelligence server maker xFusion Digital […]
- Jessica Lyons / The Register: OpenAI launches Daybreak Red Team in early access to test web apps for flaws and Daybreak Defense Factory to automate finding, validating, and fixing them — OpenAI has launched two new security products, one […]
- Bloomberg: Sources: Samsung is in talks to buy Modine Manufacturing, a US maker of data center cooling systems, as soon as the coming weeks; Modine's market value is $5.6B — Samsung Electronics Co. is in talks to acquire Modine […]
- Financial Times: Filing: Nscale says it needs more funding for its 2027 commitments after ordering Nvidia chips for a $45B Anthropic deal, casting doubt on its planned $35B IPO — Nvidia-backed ‘neocloud’ tells investors it must obtain additional financing […]
- Jordan Novet / CNBC: Nscale's updated IPO prospectus shows Q3 revenue up 1,344% YoY to $307.5M, up from $140.6M in Q2; net loss widened to $1.69B, up from $1.02B in Q2 — Nvidia-backed neocloud Nscale on Thursday released updated […]
- Sarah Perez / TechCrunch: Meta launches an outbound calling feature for Muse, such as to businesses, available for paid US subscribers; Gemini and startup Instinct offer a similar option — After initially testing the feature in September, Meta's consumer […]
- Sarah Klearman / Wall Street Journal: Mirendil, founded by former Anthropic researchers to build tools for frontier AI R&D, raised a $1B Series A led by Kleiner Perkins and Clearlake Capital — The fundraise comes six months after Mirendil, […]
- Olivia Carville / Bloomberg: Sources: social media companies' payouts in teen addiction suits mostly ranged from $2M-$2.5M; Meta agreed to pay two teens a combined $7M in the past two weeks — Seven confidential deals with young plaintiffs ranged […]
- CNN: Sources: US officials disagree on whether China had Alice Huang spy on Jensen Huang; some at the ODNI and the CIA say the intelligence to date doesn't prove it — The US intelligence community is still working to […]
- The Information: Letter: ByteDance plans to buy back up to $6B worth of shares from existing investors at a ~$400B valuation, a 20% increase in valuation from its 2025 buyback — ByteDance, the Chinese owner of TikTok, is planning […]
- Jasper Goodman / Politico: Senate Banking Chair Tim Scott asks Jensen Huang and Howard Lutnick to testify at separate hearings in December over the Nvidia saga; Lutnick agrees to appear — Senate Banking Chair Tim Scott on Thursday called […]
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