Bloomberg:
Education software maker Anthology files for bankruptcy, listing $1B to $10B in both assets and liabilities after its Blackboard merger debt became unmanageable — Anthology Inc., the Veritas Capital-backed education-software provider, sought Chapter 11 bankruptcy protection in the US …
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Tuesday, September 30, 2025
Education software maker Anthology files for bankruptcy, listing $1B to $10B in both assets and liabilities after its Blackboard merger debt became unmanageable (Bloomberg)
Jaguar Land Rover secures £2B from banks as "a liquidity backstop", on top of a £1.5B UK government loan, and aims to resume manufacturing after its huge hack (Financial Times)
Financial Times:
Jaguar Land Rover secures £2B from banks as “a liquidity backstop”, on top of a £1.5B UK government loan, and aims to resume manufacturing after its huge hack — UK carmaker plans to resume manufacturing this week following month-long shutdown
Monday, September 29, 2025
OpenAI launches its first extended ad campaign for ChatGPT featuring three 30-second cinematic ads with a focus on everyday AI use cases in the US and the UK (Tim Nudd/Ad Age)
Tim Nudd / Ad Age:
OpenAI launches its first extended ad campaign for ChatGPT featuring three 30-second cinematic ads with a focus on everyday AI use cases in the US and the UK — After running a Super Bowl commercial last February, OpenAI is now launching its first extended brand campaign for ChatGPT …
Singapore-based Neptune Robotics, which makes robots to clean the underside of giant ships, raised $52M and aims to use AI to help clean ~150 ships per month (Yuan Gao/Bloomberg)
Yuan Gao / Bloomberg:
Singapore-based Neptune Robotics, which makes robots to clean the underside of giant ships, raised $52M and aims to use AI to help clean ~150 ships per month — Neptune Robotics, which makes robots that clean the underside of giant ships, raised $52 million to accelerate its artificial intelligence-fueled global expansion.
Sunday, September 28, 2025
Education software company EdSights, which uses SMS texting and AI to reach students and identify those at risk of dropping out, raised $80M from JMI Equity (Chris Metinko/Axios)
A look at AI-powered "nudify" tools, which make it fast and easy to make nonconsensual, deepfake porn, and the limited legal options available to their victims (Jonathan Vanian/CNBC)
Jonathan Vanian / CNBC:
A look at AI-powered “nudify” tools, which make it fast and easy to make nonconsensual, deepfake porn, and the limited legal options available to their victims — In June of last year, Jessica Guistolise received a text message that would change her life.
Experts warn that Nvidia's large investments in data centers and startups, almost like a stimulus program, could be artificially inflating demand for its GPUs (The Information)
The Information:
Experts warn that Nvidia's large investments in data centers and startups, almost like a stimulus program, could be artificially inflating demand for its GPUs — Even by the standards of one of the most prodigious dealmakers in tech, the past month or so has been a head-spinning one for Nvidia's Jensen Huang.
Saturday, September 27, 2025
Oracle, whose expenses are rising as it begins to fulfill massive cloud infrastructure deals, turned cash flow negative this year for the first time since 1992 (Brody Ford/Bloomberg)
Brody Ford / Bloomberg:
Oracle, whose expenses are rising as it begins to fulfill massive cloud infrastructure deals, turned cash flow negative this year for the first time since 1992 — Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world.
Why YouTube is key to Google's success in AI, with YouTube's AI enhancements making video content more monetizable than text-based content in Search (Ben Thompson/Stratechery)
Ben Thompson / Stratechery:
Why YouTube is key to Google's success in AI, with YouTube's AI enhancements making video content more monetizable than text-based content in Search — Action is happening up-and-down the LLM stack: Nvidia is making deals with Intel, OpenAI is making deals with Oracle, and Nvidia and OpenAI are making deals with each other.
Sources: Apple is ramping up efforts to source manufacturing machinery in India, essential for making iPhones locally, and is working with around 17 suppliers (Danish Khan/Moneycontrol)
Danish Khan / Moneycontrol:
Sources: Apple is ramping up efforts to source manufacturing machinery in India, essential for making iPhones locally, and is working with around 17 suppliers — Around 17 companies have directly started working with Apple in India for capital equipment and tools over the last 20-24 months and the number is only expected to go up
An interview with California state Senator Scott Wiener on his new AI safety bill SB 53, the bill's scope, his focus on AI safety bills, AI PACs, and more (Maxwell Zeff/TechCrunch)
Maxwell Zeff / TechCrunch:
An interview with California state Senator Scott Wiener on his new AI safety bill SB 53, the bill's scope, his focus on AI safety bills, AI PACs, and more — This is not California state senator Scott Wiener's first attempt at addressing the dangers of AI.
Friday, September 26, 2025
Checkout.com announces an employee share buyback at a $12B valuation, up 30% from $9.35B two years ago yet below $40B in 2022, and says an IPO isn't a priority (Aisha S Gani/Bloomberg)
Aisha S Gani / Bloomberg:
Checkout.com announces an employee share buyback at a $12B valuation, up 30% from $9.35B two years ago yet below $40B in 2022, and says an IPO isn't a priority — Checkout.com is allowing employees to sell some of their shares back to the firm at a $12 billion valuation …
OLX Group, an online marketplace owned by Prosus, agrees to acquire La Centrale, a French auto classifieds platform, for $1.3B in cash, expected to close in Q4 (Loni Prinsloo/Bloomberg)
Loni Prinsloo / Bloomberg:
OLX Group, an online marketplace owned by Prosus, agrees to acquire La Centrale, a French auto classifieds platform, for $1.3B in cash, expected to close in Q4 — Prosus NV-owned OLX Group BV is buying French online auto trader La Centrale for €1.1 billion ($1.3 billion) to expand its business into Western Europe.
Thursday, September 25, 2025
Google Pay and PhonePe accounted for 80% of India's UPI transactions in Aug. 2025, down from 85% a year ago, as smaller players like Navi and BHIM gained ground (Pratik Bhakta/The Economic Times)
Pratik Bhakta / The Economic Times:
Google Pay and PhonePe accounted for 80% of India's UPI transactions in Aug. 2025, down from 85% a year ago, as smaller players like Navi and BHIM gained ground — The race for Unified Payments Interface (UPI) market share is heating up, with smaller fintechs ramping up volumes and pushing …
Wednesday, September 24, 2025
WeTravel, whose travel payments software is used by group travel operators, raised a $92M Series C at a ~$450M valuation, up from ~$100M in 2022 (Lucinda Shen/Axios)
Lucinda Shen / Axios:
WeTravel, whose travel payments software is used by group travel operators, raised a $92M Series C at a ~$450M valuation, up from ~$100M in 2022 — WeTravel, a travel payments software company, raised $92 million in Series C funding, CEO Ted Clements tells Axios.
Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)
Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...
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Amrith Ramkumar / Wall Street Journal : An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by ...
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