Techmeme
-
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)
-
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)
-
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)
-
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)
-
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)
-
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)
-
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)
-
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)
-
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)
-
Apple announces a "Pro and tell" event on October 28 at 10am PT in LA, where its first touchscreen MacBook, a 14-inch MacBook Pro with M6, and more are expected (Chance Miller/9to5Mac)
-
Amazon launches TorchNeuron, an open-source framework that lets developers run PyTorch code on Amazon's Trainium chips with no rewriting needed, in public beta (Todd Bishop/GeekWire)
-
AI infrastructure startup Modal says it plans to start using Nvidia's Vera CPUs for the first time for hosting agents, alongside its current Intel and AMD chips (Stephen Nellis/Reuters)
-
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)
-
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)
-
The US DHS orders all federal civilian agencies to remove DeepSeek's tech from their IT systems and prohibits future procurement of its products and services (Connor Hart/Wall Street Journal)