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Business Archive

Archives for October 2025

Richard Lawler
Richard Lawler
Pat Gelsinger’s Christian AI startup Gloo files for $873 million IPO.

The ex-Intel CEO said in a recent speech that he believes Jesus appeared “because of the Roman roads.” Now, his mission is to work on tech that would “...hasten the coming of Christ’s return,” with a startup that filed for its IPO this week.

My question is, does that seem easier or harder than delivering on Lunar Lake and 18A?

What happened to Intel?

Sean Hollister
Dominic Preston
Dominic Preston
The AI factory.

Samsung and Nvidia just announced a new “AI megafactory” powered by more than 50,000 Nvidia chips, where AI “analyzes, predicts and optimizes” every step of semiconductor manufacturing, from initial designs to final quality control.

The companies haven’t said where the factory will be built, but its tech will eventually be expanded to Samsung facilities worldwide, including Texas.

Dominic Preston
Dominic Preston
LG turns a profit despite TV trouble.

The company announced a third quarter profit of KRW 688.9 billion (around $480 million) despite losses of about half that from its TV division, which it hopes to fix through “advancements in advertising.”

It’s the rare company to call out US tariffs directly, though it doesn’t blame them for the TV shortfall.

Dominic Preston
Dominic Preston
Samsung doubles down on AI memory.

Reporting its best quarterly financials in over three years, Samsung has its chip business to thank. It’s making bank on memory chips for the AI industry, and will focus next year on mass producing top spec HBM4 chips to keep that success going.

Xbox hardware sales continue to tankXbox hardware sales continue to tank
Terrence O'Brien
Richard Lawler
Richard Lawler
Google reports its first $100 billion quarter, pushed by Cloud revenue, AI, ads, and subscriptions.

Google’s parent company, Alphabet, just released its Q3 2025 earnings report (pdf), reporting revenue is up by 16 percent from the same period last year, at $102 billion for three months, compared to $88.2 billion in 2024 and $76.6 billion in 2023.

Sundar Pichai:

Our full stack approach to AI is delivering strong momentum and we’re shipping at speed, including the global rollout of AI Overviews and AI Mode in Search in record time... The Gemini App now has over 650 million monthly active users... And we have over 300 million paid subscriptions led by Google One and YouTube Premium.

LexisNexis CEO says the AI law era is already here
Play

Sean Fitzpatrick promises his AI won’t get you in trouble with a judge.

Nilay Patel
Thomas Ricker
Thomas Ricker
Mob bossin’.

Paramount Skydance CEO David Ellison is weirdly confident he’ll get regulatory approval to purchase Warner Bros. Discovery, unlike other suitors. Why? Because big daddy Larry is good friends with Donald Trump, who’s making it known that “US antitrust concerns and personal gripes will be a major stumbling block for rival bidders.”

Welcome to the era of gangster regulation, as Liz wrote on the day DJT came into office.