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On Friday Oct. 10, MIT President Sally Kornbluth formally rejected the Trump administration's proposed compact in an email to the U.S. Education Secretary Linda McMahon.
This decision came after mounting pressure from many MIT organizations, students and faculty alike, that called on the Institute to formally reject the compact.
MIT is the first university to openly decline the compact.
The Institute’s Response
In her response to Secretary McMahon, President Kornbl…

BREAKING: MIT rejects federal compact | The Tech
On Friday Oct. 10, MIT President Sally Kornbluth formally rejected the Trump administration's proposed compact in an email to the U.S. Education Secretary Linda McMahon.

Oura CEO Tom Hale says the Finnish company expects "maybe close" to $2B in sales in 2026, up from $1B in 2025, and there is "no news on an IPO" (Tasmin Lockwood/CNBC)
https://www.cnbc.com/2025/11/11/smart-ring-maker-…

Oura expects close to $2 billion in 2026 sales, almost doubling for the second consecutive year
CEO Tom Hale spoke with CNBC's Arjun Kharpal in an exclusive interview at Web Summit in Lisbon, Portugal.  

Sources: Morgan Stanley told its financial advisors it will broaden access to crypto investments to all clients and allow such investments in any account type (Hugh Son/CNBC)
https://www.cnbc.com/2025/10/10/morgan-stanley-drops-crypto-fun…

Morgan Stanley drops restrictions on which wealth clients can own crypto funds
Morgan Stanley's move marks the latest expansion of access to crypto at the world's largest wealth management firm.

Starcloud, which launched a satellite with a Nvidia H100 chip in November, says the satellite is running and querying responses from Google's Gemma (Pia Singh/CNBC)
https://www.cnbc.com/2025/12/10/nvidia-backed-starcloud-tr…

‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up
The company's Starcloud-1 satellite is running Gemma, an open model from Google, marking the first time in history that an LLM has been trained in outer space.

Majestic Labs, which makes patent-pending server architecture that promises more memory capacity, raised $100M, including a $71M Series A led by Bow Wave (Jennifer Elias/CNBC)
https://www.cnbc.com/2025/11/10/majestic-labs-meta-google-ai-funding.html
…

Former Google, Meta executives raise $100 million for high-capacity AI servers startup
The three plan to sell high-memory server technology.

Amkor breaks ground on advanced chip packaging campus in Arizona, with production expected by early 2028; state officials say Amkor's investment could reach $7B (Luke James/Tom's Hardware)
https://www.tomshardware.com/tech-industry

Amkor breaks ground on Arizona advanced packaging campus, plugging critical gap in US semiconductor supply chain — production expected in 2028, investment could extend to $7 billion with 3,000 jobs in tow
Amkor moves in next door to TSMC as CHIPS Act funding continues to turn the Phoenix metro area into a chips hub.

Amazon will invest $35B in India's cloud and AI sector by 2030, adding to the ~$40B it has invested in the country, and says the plan will create 1M more jobs (Dylan Butts/CNBC)
https://www.cnbc.com/2025/12/10/amazon-ple

Amazon pledges a massive $35 billion worth of investments in India’s AI space through 2030
Amazon has committed to investing $$35 billion in India’s cloud and AI space by 2030, as hyperscalers race to get a foothold in the market.

Oracle reports Q2 revenue up 14% YoY to $16.06B vs. $16.21B est., remaining performance obligations up 438% to $523B vs. $502B est.; ORCL drops 5% after hours (Jordan Novet/CNBC)
https://www.cnbc.com/2025/12/10/oracle-orcl-q2-earnings-report-2026.html

Oracle's stock slides 11% on revenue miss even as AI backlog soars
Oracle flagged new business from Meta and Nvidia in reporting a 438% increase in remaining performance obligations.

CoreWeave reports Q3 revenue up 134% YoY to $1.36B, vs. $1.29B est., and a net loss of $110M, down from $360M a year ago; CRWV is up 164% since its March IPO (Jordan Novet/CNBC)
https://www.cnbc.com/2025/11/10/coreweave-crwv-q3-earnings-report-2025.html…

CoreWeave's revenue more than doubles as AI buildout expansion accelerates
On top of deals with Meta and OpenAI, CoreWeave pointed to expansions from a large unnamed customer in the third quarter.

A Danish court sentences a man for sharing 347 copyrighted nude scenes on Reddit featuring 100 actresses and 25TB of pirated content via a torrent tracker (Ernesto Van der Sar/TorrentFreak)
https://torrentfreak.com/redditor-conv…