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RuntimeWire · Updated

DeepSeek raises $15B to compete with US frontier AI labs

Bloomberg reports that Tencent and CATL were among the largest investors after DeepSeek raised its fundraising target from 50 billion yuan to 80 billion yuan before reaching a reported 100 billion yuan total.

9to5Mac ·

Arc browser gets a sunset date, and users have two months to move on

The company shifted its development focus to the AI-focused Dia browser last year but continued maintaining Arc in the meantime. Arc users are now being invited to switch to Dia, according to Thurrott, as The Browser Company prepares to retire its earlier browser for good.

Bloomberg · Updated

DeepSeek, MiniMax Win Approval for Global Use, State Media Says

DeepSeek and MiniMax Group Inc. have won approval to deploy models overseas, part of a wave of homegrown AI technologies that Beijing will allow to operate globally, a Chinese state media affiliate said.

Bloomberg ·

SK Hynix Pulls Solidigm’s $10 Billion IPO on Regulatory Pushback

SK Hynix Inc. scrapped plans for a potential $10 billion US listing of its Solidigm unit after facing strong opposition from regulators and shareholders, becoming the latest firm to pull an IPO while growing investor unease over the artificial intelligence boom rocks markets.

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OpenAI trims valuation target to $1.25tn after pitching higher price

AI lab floated $1.4tn price tag earlier this month, according to documents seen by the FT

Financial Times ·
Quest Diagnostics Reports Unauthorized Access of Patient Records 3 sources covering Quest Diagnostics Reports Unauthorized Access of Patient Records

"Based on our investigation, the incident is not related to a PHP programming language issue."

Gizmodo ·
Portal Texas Used to ‘Rubber Stamp’ Data Centers Down After 404 Media Reporting

Commissioners in Texas said they’re making sure ‘all applications are reviewed by agency staff to determine if they are related to data centers.’

404 Media ·
AI Trade Faces Earnings Test: Market Snapshot

Some of the world's biggest tech names delivered earnings this week that drew mixed reactions from investors.

Bloomberg ·
1Password tops $500-million USD ARR on the back of accelerating AI demand 14 sources covering 1Password tops $500-million USD ARR on the back of accelerating AI demand

The company has launched 1Password for Agents to secure credentials used by AI agents working on users’ behalf.

BetaKit ·
CATL, BAIC Target 1 Million Cars With New Battery Swap Network

Contemporary Amperex Technology Co.

Bloomberg ·
Treasuries Surge as Global Worries Spark Rush to Safety

A gauge of the inverse relationship between US government bonds and AI-focused stocks has strengthened to levels last seen a year ago.

Bloomberg ·
Tech Mahindra teams up with SpaceXSI to scale AI-assisted software engineering for enterprises 2 sources covering Tech Mahindra teams up with SpaceXSI to scale AI-assisted software engineering for enterprises

Tech Mahindra has announced a collaboration with AI coding platform SpaceXSI to help global enterprises modernize legacy applications, accelerate software delivery, and improve developer productivity, according to a company announcement issued from Pune, India, on October 22, 2026.

DigiTimes ·
Nvidia, TCV Invest in AI Video Startup Higgsfield in Series B Extension

Higgsfield Inc., an AI video startup founded by a former Snap Inc.

Bloomberg ·
Rhode Island sues Meta over its approach to scam ads 3 sources covering Rhode Island sues Meta over its approach to scam ads

It's the first state to sue the social media company on these allegations.

Engadget ·
Asia Investors Seek Havens as AI Selloff Deepens

A selloff in tech giants and escalating Middle East hostilities have pushed global investors towards the safety of bonds.

Bloomberg ·
Oura sues rival Ultrahuman again, threatening its U.S. smart ring comeback

Oura alleges in its newest lawsuit that Ultrahuman's Ring Pro infringes two of its patents.

TechCrunch ·
FCC grants Intel a waiver to foreign robot ban to prevent chip disruptions 3 sources covering FCC grants Intel a waiver to foreign robot ban to prevent chip disruptions

The US Federal Communications Commission (FCC) granted Intel a waiver to its ban on foreign-made mobile robots, which will allow it to update its fleet of autonomous guided vehicles (AGVs).

DigiTimes ·