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  1. Tenstorrent Series E raises $1.5bn

    Electronics Weekly ·

    Tenstorrent, the AI chips-to-computers manufacturer , has raised $1.5 billion in Series E round at a $6.2 billion post-money valuation. The round was led by Trace Capital and Innovation X, […] The post Tenstorrent Series E raises $1.5bn...

  2. China’s AI microdrama boom joins a global surge in mobile viewing

    TechNode ·

    Tencent has recently introduced Lüpaopao, a free short-drama service inside WeChat, offering AI-generated series alongside live-action and animated titles. The mini-program adds another distribution channel to China’s expanding market...

  3. Telecom news: AST SpaceMobile, Tejas Networks, BharatNet

    TelecomLead ·

    Today’s latest telecom news includes announcements on AST SpaceMobile, Tejas Networks, BharatNet, BlueBird Satellite Network, and others. IHS telecom towers AST SpaceMobile Targets 500 Million European Subscribers Through BlueBird...

  4. Ramp Seeks National Trust Bank Charter for Digital Asset Custody

    PYMNTS.com ·

    Finance platform Ramp aims to form a national trust bank that would offer fiduciary investment management and custody of digital assets, the company said in a Monday (Oct. Ramp submitted an application to establish the proposed Ramp...

  5. Nvidia, Dell back $200M round for AI model developer doubleAI

    SiliconANGLE ·

    Artificial intelligence developer doubleAI today announced that it has raised $200 million in funding. Lightspeed and Bessemer co-led the Series A round. They were joined by Nvidia Corp., Dell Technologies Inc.

  6. Apple Buys AI Audio Editing App Samplab

    MacRumors ·

    Apple acquired AI audio editing app Samplab in June, according to a notice shared today by the European Commission. Samplab offered a desktop app and plugins for converting audio to MIDI, detecting and editing chords, stem splitting for...

  7. Kansas City Fed Flags Funding Challenges From Tokenized Deposits

    PYMNTS.com ·

    Banks are developing tokenized deposits to give corporate customers faster access to their money. In doing so, they are making the deposits they use for funding easier to move. A research briefing from the Federal Reserve Bank of Kansas...

  8. CoreWeave’s debt is becoming the whole AI industry’s problem

    The Verge ·

    CoreWeave had a bad week last week. Its bonds slipped into distressed territory by a common definition - when investors demand 1,000 basis points more in yield than they'd get from government bonds. Last Tuesady Chamath "SPAC King"...

  9. Elon Musk, Anthropic pledge to give away billions of dollars in shares

    SiliconANGLE ·

    Chief Executive Elon Musk today pledged to gift a single share of the spaceflight company to every child in America. “This will be the first of many,” Musk wrote in the brief X post that revealed the move today. The announcement came a...

  10. Fiserv Aims to Simplify Cross-Border Commerce With Commerce Hub

    PYMNTS.com ·

    Payments and financial services technology solutions provider Fiserv has launched its Commerce Hub platform. The new offering is designed to let merchants “orchestrate and simplify commerce through a single connection to Fiserv’s...

  11. US banning Chinese AI DeepSeek from government agency IT systems

    Tech-Economic Times ·

    The department is also banning acquisition of DeepSeek products and third-party services developed using DeepSeek by US civilian government agencies. DHS said DeepSeek models pose "multiple threat vectors" and raised concerns that use...

  12. U.S. Bank Debuts Tool to Streamline Consumers’ Recurring Bills

    PYMNTS.com ·

    Bank says it is giving customers a quicker way to shift recurring payments to a debit or credit card. Payment Switch, announced Monday (Oct. 19), lets consumers transfer payments for things like utility bills or streaming services to a U.S.

  13. Jio Platforms Raises About ₹8,110 Cr From Anchor Investors

    Inc42 Media ·

    Ahead of opening its public issue on Wednesday (October 19), telecom major Jio Platforms has raised ₹8,109.8 Cr from anchor investors. The company allotted 7.25 Cr equity shares to anchor investors at a price of ₹1,119 per share, the...

  14. Elon Musk Vows To Give a SpaceX Share To 'Every Kid In America'

    Slashdot ·

    An anonymous reader quotes a report from CNN: Elon Musk has said he will give every child in America a stake in SpaceX, his $2 trillion aerospace and artificial intelligence company, as tech firms face intensifying scrutiny over their...

  15. Mastercard and Extend Team to Improve Bank and Business Software

    PYMNTS.com ·

    Mastercard has chosen spend management/virtual card FinTech Extend as one of its financial operations platform partners. The collaboration, announced Monday (Oct. 19), is designed to bring new spend and expense management tools directly...

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