Tech News

1. OpenAI and Microsoft Partnership:

   • OpenAI and Microsoft have signed a non-binding memorandum of understanding for the next phase of their partnership and are working to finalize terms. 👉 axios.com 👉 theverge.com 👉 openai.com 👉 ft.com^$ 👉 bloomberg.com^$ 👉 bizjournals.com 👉 arstechnica.com 👉 blogs.microsoft.com^$ 👉 theinformation.com 👉 techcrunch.com 👉 wsj.com^$ 👉 reuters.com 👉 foxbusiness.com 👉 geekwire.com 👉 sherwood.news 👉 itprotoday.com 👉 businessinsider.com^$

2. FTC Investigates AI Chatbot Safety:

   • The FTC has launched an inquiry into AI chatbots acting as companions, examining potential harm to children. 👉 bloomberg.com^$ 👉 ftc.gov 👉 cnbc.com 👉 sfgate.com 👉 reuters.com 👉 pymnts.com 👉 cnn.com 👉 theverge.com 👉 washingtontimes.com 👉 energycommerce.house.gov 👉 siliconangle.com 👉 pcgamer.com 👉 socialmediatoday.com 👉 finance.yahoo.com 👉 implicator.ai 👉 nytimes.com^$ 👉 engadget.com 👉 wpxi.com 👉 investors.com 👉 thehill.com 👉 ft.com^$ 👉 winbuzzer.com 👉 therecord.media 👉 digitaltrends.com 👉 qz.com 👉 upi.com 👉 nextgov.com 👉 shacknews.com 👉 washingtontimes.com 👉 axios.com 👉 forbes.com^$
   • The FTC is issuing orders to Google, OpenAI, Meta, and others to provide information on how their AI chatbots impact children and teens. 👉 x.com

3. Figure's IPO:

   • Figure Technology Solutions Inc. closed up 24% at $31.11 in its Nasdaq debut, giving it a ~$6.6B market cap, after raising $787.5M in its IPO. 👉 bloomberg.com^$ 👉 reuters.com 👉 pymnts.com 👉 siliconangle.com 👉 cnbc.com 👉 finance.yahoo.com 👉 cointelegraph.com 👉 theblock.co 👉 cryptoslate.com 👉 morningstar.com 👉 thestreet.com 👉 fortune.com 👉 cryptotimes.io 👉 cryptonews.com 👉 news.crunchbase.com 👉 beincrypto.com 👉 proactiveinvestors.com 👉 bitcoininsider.org 👉 axios.com 👉 crypto.news
     • Figure priced its IPO at $25 per share. 👉 pymnts.com

4. Perplexity AI Copyright Lawsuit:

   • Encyclopedia Britannica and Merriam-Webster are suing Perplexity AI for misusing their content in its "answer engine" for internet searches. 👉 reuters.com 👉 news.bloomberglaw.com 👉 engadget.com 👉 pymnts.com 👉 prnewswire.com 👉 chicagobusiness.com 👉 americanbazaaronline.com 👉 courthousenews.com 👉 chatgptiseatingtheworld.com 👉 mediapost.com 👉 yro.slashdot.org

5. Albania Appoints AI Minister:

   • Albania has appointed an AI bot named Diella as the minister for public procurement to tackle corruption. 👉 reuters.com 👉 politico.eu 👉 ndtvprofit.com 👉 techxplore.com

6. OpenAI Revenue Projections:

   • OpenAI projects $200B in revenue in 2030, with R&D spending hitting ~45% of that, or ~$90B. 👉 theinformation.com 👉 techradar.com 👉 wsj.com^$
   • OpenAI signs a contract with Oracle to purchase $300B in computing power over roughly five years, requiring 4.5 gigawatts of capacity, starting in 2027. 👉 wsj.com^$

7. Gemini's IPO:

   • Crypto exchange Gemini raises $425M in its IPO, selling about 15.2M shares for $28 each. 👉 bloomberg.com^$ 👉 cnbc.com 👉 reuters.com 👉 cryptoslate.com 👉 coindesk.com 👉 cryptotimes.io
   • Winklevoss twins' Gemini has seen its planned US IPO oversubscribed by 20x; in an unusual move, the IPO proceeds will be capped at $425M. 👉 reuters.com

8. Google to Shut Down Tables:

   • Google plans to shut down Tables, a work-tracking tool and competitor to Airtable, in December. 👉 techcrunch.com

9. Adobe Q3 Report:

   • Adobe reports Q3 revenue up 11% YoY to $5.99B. 👉 cnbc.com 👉 bloomberg.com^$ 👉 reuters.com 👉 investors.com 👉 finance.yahoo.com 👉 constellationr.com 👉 benzinga.com 👉 businesswire.com 👉 morningstar.com
   • Strength in subscription revenue is across both Digital Media and Digital Experience segments. 👉 x.com

10. DOJ Sues Uber:

    • The US DOJ is suing Uber, alleging that Uber discriminates against people with physical disabilities in violation of federal law. 👉 bloomberg.com^$ 👉 techcrunch.com 👉 cnbc.com 👉 theverge.com 👉 engadget.com 👉 reuters.com 👉 sherwood.news 👉 latimes.com

11. F5 to Acquire CalypsoAI:

    • F5 plans to acquire CalypsoAI for $180M to boost AI enterprise security offerings. 👉 geekwire.com 👉 f5.com 👉 bizjournals.com 👉 siliconangle.com 👉 bankinfosecurity.com 👉 cyberscoop.com 👉 finance.yahoo.com 👉 networkworld.com 👉 siliconrepublic.com 👉 independent.ie 👉 helpnetsecurity.com

12. Vantage Data Centers Expansion:

    • Vantage Data Centers raised $1.6B to expand in APAC, including the acquisition of a Malaysian data center campus. 👉 bloomberg.com^$ 👉 finance.yahoo.com 👉 theinformation.com 👉 businesstimes.com.sg 👉 dealstreetasia.com 👉 thecanadianpressnews.ca 👉 economictimes.indiatimes.com

13. AirPods Live Translation EU Restriction:

    • AirPods' Live Translation feature won't be available to users in the EU with an EU-region Apple Account, likely due to EU regulations. 👉 macrumors.com 👉 techcrunch.com 👉 zdnet.com 👉 politico.eu 👉 phonearena.com 👉 gsmarena.com 👉 pcmag.com 👉 thurrott.com 👉 mashable.com 👉 cnet.com 👉 engadget.com 👉 telegraph.co.uk 👉 idropnews.com 👉 turkiyetoday.com 👉 9to5mac.com 👉 mactech.com 👉 cultofmac.com 👉 macdailynews.com 👉 androidheadlines.com 👉 thetab.com 👉 t3.com

14. GE Vernova to Sell Proficy:

    • GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M. 👉 reuters.com [bizjournals.com](👉 bizjournals.com

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