Hi everyone! 👋 Lots of drama this week in tech and AI, let’s get into it.

Dive in to discover more!

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Latest Funding News

This week, big money and big questions hit the AI world. A report says Meta may have made money from scam ads and used it to grow its AI. Over in Hong Kong, Pony AI raised a massive $863M to expand its robotaxi business. Keep reading for more stories like these!

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Top Trending AI News

1. Report Reveals Meta Funded AI Research With Scam Ad Profits

Publisher: Ars Technica

Published: 11/6/2025

Meta earns billions from scam ads, exploiting ad system to target users, ignoring the issue for AI investment gains.

TAKEAWAYS

1️⃣ Meta earns billions from scam ads.

2️⃣ Scammers target most clickable users.

3️⃣ Meta slow to remove scam accounts.

4️⃣ Scam ads make up 10% of Meta’s revenue.

5️⃣ Ex-exec suggests donating scam profits.

Read more here

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2. Trump AI Czar Sacks Rejects Federal Bailout for AI Following CFO’s Remarks

Publisher: CNBC

Published: 11/6/2025

David Sacks, Trump’s AI czar, asserts no AI federal bailout, highlighting U.S. resilience with multiple major AI firms ready to step up.

TAKEAWAYS

1️⃣ No federal AI bailout, says Trump’s AI czar.

2️⃣ U.S. has 5 big AI firms ready to step in.

3️⃣ OpenAI seeks private, not federal, support.

4️⃣ Trump aims for easier AI project permits.

5️⃣ OpenAI clarifies no bailout request made.

Read more here

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3. Brussels Advocates for Breaking Up Google

Publisher: Politico EU

Published: 11/4/2025

EU tells Google to break itself up over ad tech monopoly, facing a potential forced sell-off.

TAKEAWAYS

1️⃣ Brussels may force Google to break up.

2️⃣ Google faces a huge EU fine.

3️⃣ EU’s unusual step against Google.

4️⃣ Google’s ad tech dominance challenged.

5️⃣ U.S. and EU align against Google.

Read more here

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4. Trump: China And Others Barred From Nvidia’s Premier AI Chips

Publisher: Reuters

Published: 11/3/2025

Nvidia’s top chips will be U.S.-only, Trump says, barring China and others from advanced AI technology.

TAKEAWAYS

1️⃣ Nvidia chips limited to U.S. only, says Trump.

2️⃣ Trump aims to keep advanced AI from China.

3️⃣ U.S. tightens grip on cutting-edge tech exports.

4️⃣ Nvidia barred from supplying top chips to China.

5️⃣ Trump may discuss chip sales with China’s Xi.

Read more here

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5. Robotaxi Fatality: San Francisco Mourns Bodega Cat, Public Outrage Grows

Publisher: Rolling Stone

Published: 11/5/2025

KitKat, SF’s beloved bodega cat, was killed by a Waymo cab, triggering demands for stricter autonomous vehicle laws.

TAKEAWAYS

1️⃣ City mourns bodega cat killed by robotaxi.

2️⃣ Calls grow for stricter driverless car laws.

3️⃣ Community honors beloved “Mayor of 16th Street.”

4️⃣ Waymo acknowledges role in cat’s death.

5️⃣ KitKat’s passing sparks robotaxi safety debate.

Read more here

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6. Microsoft AI Chief: Only Biological Beings Can Be Conscious

Publisher: CNBC

Published: 11/2/2025

Microsoft AI chief Mustafa Suleyman argues against AI consciousness, stating it’s exclusive to biological beings and urges a halt in such research.

TAKEAWAYS

1️⃣ Microsoft AI CEO opposes creating conscious AI.

2️⃣ AI can’t have human emotions, says Suleyman.

3️⃣ Microsoft avoids AI for erotica, unlike rivals.

4️⃣ Suleyman joined Microsoft for AI self-sufficiency.

5️⃣ New Microsoft AI aims to serve humans, adds ‘real talk’.

Read more here

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7. October Layoffs Reach 22-Year High Amid Cost-Cutting, AI Shifts

Publisher: Fox Business

Published: 11/6/2025

U.S. job cuts hit a 22-year October high, with 153,074 layoffs as firms adopt AI and tighten budgets.

TAKEAWAYS

1️⃣ October layoffs hit 22-year high due to AI and cost cuts.

2️⃣ U.S. job cuts soar 175% from last October.

3️⃣ Retail and tech sectors lead in 2025 layoffs.

4️⃣ October sees highest monthly job cuts since 2003.

5️⃣ Warehousing industry faces massive job cuts.

Read more here

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8. AI’s Role in Rising Electric Bills Unveiled

Publisher: NPR

Published: 11/6/2025

Electricity prices have surged 40% since Feb 2020, with demand spiraling due to AI data centers and the shift to renewable sources, impacting residents and elections.

1️⃣ Electricity prices surge 40% since 2020.

2️⃣ Renewable energy tops coal in electricity generation.

3️⃣ High electric bills impact fixed-income seniors.

4️⃣ Demand for electricity spikes due to tech growth.

5️⃣ AI data centers could lower nearby electric costs.

Read more here

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9. Google Eyes Tiny Australian Isle for Major AI Data Center

Publisher: Reuters

Published: 11/6/2025

Google to build AI data centre on Christmas Island for defence, enhancing Australia’s frontline capabilities and boosting the local economy.

TAKEAWAYS

1️⃣ Google to build AI centre on Christmas Island.

2️⃣ AI centre aids Australia’s defence strategy.

3️⃣ Christmas Island’s new role in regional security.

4️⃣ Google’s data centre to boost island economy.

5️⃣ AI hub to enhance military command and control.

Read more here

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10. Apple Adopts Google AI for Revamped Siri, Says Bloomberg

Publisher: Reuters

Published: 11/6/2025

Apple to use Google’s AI for Siri revamp, plans $1B/year deal for technology access.

TAKEAWAYS

1️⃣ Apple to revamp Siri with Google’s AI.

2️⃣ Apple, Google finalize $1B tech deal.

3️⃣ Siri’s upgrade aims to outdo Alexa.

4️⃣ AI delay sets back Apple’s Siri to 2026.

5️⃣ Apple restructures team for AI push.

Read more here

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AI Image of the Week

Prompt: Stylized flat illustration of a robot hand holding a compass, one direction glows “Logic,” another glows “Compassion.” Pastel palette, educational infographic vibe.

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