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Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares (Anthony Hughes/Bloomberg)

Anthony Hughes / Bloomberg : Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares   —  Meta Platforms Inc.'s upsized $25 billion share sale attracted demand for about five times the available shares … from Techmeme https://ift.tt/AceY9qG via IFTTT
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Memo: Amazon says measuring AI adoption solely by token usage or code generation is "deeply flawed," as it discourages staff from tokenmaxxing (Annie Palmer/CNBC)

Annie Palmer / CNBC : Memo: Amazon says measuring AI adoption solely by token usage or code generation is “deeply flawed,” as it discourages staff from tokenmaxxing   —  Amazon laid out its AI usage guidelines for software engineers in a memo to staffers, and discouraged employees from turning to … from Techmeme https://ift.tt/ZfF62Ai via IFTTT

GM plans to switch from the NYSE to Nasdaq on November 17 as part of its push under Tesla veteran Sterling Anderson to use AI to speed up its development cycle (Financial Times)

Financial Times : GM plans to switch from the NYSE to Nasdaq on November 17 as part of its push under Tesla veteran Sterling Anderson to use AI to speed up its development cycle   —  Move marks another blow for Big Board as tech-focused rival attracts some of world's most valuable companies from Techmeme https://ift.tt/0QxpHdE via IFTTT

Anthropic's S-1 shows a governance structure that suits a "fun quirky little mission-driven worker cooperative" seeking to raise billions as a public company (Matt Levine/Bloomberg)

Matt Levine / Bloomberg : Anthropic's S-1 shows a governance structure that suits a “fun quirky little mission-driven worker cooperative” seeking to raise billions as a public company   —  Also share classes and fake polls.  —  Happy Anthropic S-1 day  —  Here's the draft prospectus for Anthropic PBC's initial public offering. from Techmeme https://ift.tt/6MLUjz4 via IFTTT

OpenAI releases GPT-6.1 Terra, touting "fast and capable computer use at scale" and clearer, more natural writing, priced at $1/1M input and $5/1M output tokens (OpenAI)

OpenAI : OpenAI releases GPT-6.1 Terra, touting “fast and capable computer use at scale” and clearer, more natural writing, priced at $1/1M input and $5/1M output tokens   —  Delivering fast and capable computer use at scale  —  , a fast, efficient model that combines detailed visual reasoning … from Techmeme https://ift.tt/1C65sF2 via IFTTT

iPhone Duo teardown: 5/10 repairability, a foldable record, but some screens crack along the fold, possibly because a hinge support bar fails to drop far enough (Elizabeth Chamberlain/iFixit News)

Elizabeth Chamberlain / iFixit News : iPhone Duo teardown: 5/10 repairability, a foldable record, but some screens crack along the fold, possibly because a hinge support bar fails to drop far enough   —  Apple's folding iPhone finally made it to our teardown table.  Some owners' screens didn't make it through setup. from Techmeme https://ift.tt/KM6NbnZ via IFTTT

Moderators of r/opensource ban submissions of projects using, made by, or intended for AI, exclude non-English speakers over AI translation concerns, and more (Terrence O'Brien/The Verge)

Terrence O'Brien / The Verge : Moderators of r/opensource ban submissions of projects using, made by, or intended for AI, exclude non-English speakers over AI translation concerns, and more   —  The opensource subreddit's new rules against AI have sparked a revolt. … The post made Saturday evening opens by saying … from Techmeme https://ift.tt/ryLPcgb via IFTTT