Tech
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Shares in Chinese companies critical to AI infrastructure surged in 2025, with CATL up 45% and Sungrow up 130%, as exports boost margins despite Trump’s tariffs (William Sandlund/Financial Times)
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Sources: CEO Sam Altman said OpenAI plans to end "code red" after releasing a model in January 2026 with improved image generation, speed, and personality (Wall Street Journal)
Wall Street Journal: Sources: CEO Sam Altman said OpenAI plans to end “code red” after releasing a model in January 2026 with improved image generation, speed, and personality — The CEO is prioritizing achieving mass popularity through ChatGPT versus moonshot projects like artificial general intelligence Source link
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Google, with its structural advantages, is a threat for both OpenAI and Nvidia; OpenAI has a real moat with 800M+ ChatGPT users, but needs an advertising model (Ben Thompson/Stratechery)
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Google is starting to bridge OpenAI’s product moat, like with Gemini’s “dynamic view” option, which converts a text answer into an interactive, visual output (M.G. Siegler/Spyglass)
Featured Podcasts Grit: She Sold Her Startup for $500 Million, Here’s Her Next Idea Grit explores what it takes to create, build and scale world-class organizations. Subscribe to Grit. Acquired: Coca-Cola Learn the playbooks that built the world’s greatest companies – and how you can apply them as a founder, operator, or investor. Subscribe to Acquired. Lenny’s Podcast: A guide…
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Databricks is in talks to raise money at a valuation of more than $130B, up about 30% from September when it raised a $1B Series K at a $100B valuation (The Information)
Featured Podcasts Decoder with Nilay Patel: Ring’s Jamie Siminoff thinks AI can reduce crime A show from the Verge about big ideas – and other problems. Subscribe to Decoder with Nilay Patel. Grit: Synthetic Data and the Future of AI | Cohere CEO Aidan Gomez Grit explores what it takes to create, build and scale world-class organizations. Subscribe to Grit.…
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Sony Q2: revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, says it sold 3.9M PS5 units, and raises annual operating profit forecast 7.5% to ~$9.3B (Kosaku Narioka/Wall Street Journal)
Kosaku Narioka / Wall Street Journal: Sony Q2: revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, says it sold 3.9M PS5 units, and raises annual operating profit forecast 7.5% to ~$9.3B — It expects U.S. tariffs to weigh on operating profit by ¥50 billion for the current fiscal year, versus ¥ 70 billion estimated previously Source…
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Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings like group food orders and cheaper shared rides (Olivia Poh/Bloomberg)
Olivia Poh / Bloomberg: Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings like group food orders and cheaper shared rides — Grab Holdings Ltd. raised its earnings forecast for the year after quarterly profit topped estimates, helped by novel offerings … Source link
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NXP reports Q3 revenue down 2% YoY to $3.17B, vs. $3.16B est., automotive revenue flat YoY to $1.83B, and expects above estimates Q4 revenue of $3.20B to $3.40B (Juby Babu/Reuters)
Juby Babu / Reuters: NXP reports Q3 revenue down 2% YoY to $3.17B, vs. $3.16B est., automotive revenue flat YoY to $1.83B, and expects above estimates Q4 revenue of $3.20B to $3.40B — NXP Semiconductors NV (NXPI.O) forecast fourth-quarter revenue above Wall Street estimates on Monday, as it recovers … Source link
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To secure vast compute for OpenAI, Sam Altman's deal spree pits Silicon Valley giants against each other as they race to cash in, making OpenAI too big to fail (Berber Jin/Wall Street Journal)
Berber Jin / Wall Street Journal: To secure vast compute for OpenAI, Sam Altman’s deal spree pits Silicon Valley giants against each other as they race to cash in, making OpenAI too big to fail — The CEO’s dealmaking blitz has convinced Silicon Valley’s giants to tether their fates to his company, essentially making it too big to fail Source…
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Researchers used an off-the-shelf system to compile a vast collection of private data, including T-Mobile users' calls and texts, sent by satellites unencrypted (Wired)
Wired: Researchers used an off-the-shelf system to compile a vast collection of private data, including T-Mobile users’ calls and texts, sent by satellites unencrypted — With just $800 in basic equipment, researchers found a stunning variety of data—including thousands of T-Mobile users’ calls … Source link
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