Source: Shein is acquiring DTC clothing retailer Everlane, which focuses on sustainability and "radical transparency", in a $100M deal (Lauren Sherman/Puck)
Analysis: 34 leading AI startups are generating ~$80B in annualized revenue, up 112% from six months ago, with Anthropic and OpenAI capturing 89% of the revenue (The Information)
Grafana says hackers have accessed its GitHub environment and demanded a ransom to prevent the release of its codebase; Grafana refused to pay (The Hacker News)
Analysis: mass adoption of smartphones and social media may be a primary driver of declining birthrates globally, in part by reducing in-person socializing (John Burn-Murdoch/Financial Times)
Vietnam's government, which once saw video games as a social risk, named gaming as one of its key cultural industries in 2025 and now promotes them at expos (Bloomberg)
Hill County, which faced eight new data centers, passed what may be Texas' first county-wide ban on them, for one year; the state trails only VA in data centers (Mike Lee/Politico)
ASML will partner with Tata Electronics to help it bring an $11B 300mm chip factory online in Gujarat, expanding India's ability to produce chips domestically (Bloomberg)
OpenAI's disavowal of a liability shield in Illinois SB 3444 bill and endorsement of a stronger SB 315 suggest it is open to meaningful AI safety legislation (Transformer)
OpenAI memo: Greg Brockman says he will lead product strategy as part of a reorg, folding ChatGPT, Codex, and developer-facing API into one core product team (Maxwell Zeff/Wired)
Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers (Christian Davies/Financial Times)
Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019 (Jordan Novet/CNBC)
Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., forecasts Q4 revenue above est., and is cutting almost 4,000 jobs; CSCO jumps 17%+ after hours (Jordan Novet/CNBC)
Mythos Preview is the first AI model to complete both of AISI's cyber ranges, which measure models' cyberattack capabilities; GPT-5.5 solved only one of them (AI Security Institute)
Q&A with Anthropic CFO Krishna Rao on the "cone of uncertainty" in AI, allocating compute, returns to frontier intelligence, platform vs. application, and more (Invest Like The Best on YouTube)
Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments (Bloomberg)