Top stories today:

1. OpenAI rumored to launch “Agent Builder” at DevDay 2025 at 1 PM ET
2. Grokipedia, Wikipedia rival from xAI, to be launched in beta in 2 weeks
3. Bitcoin briefly tops $125K amid U.S. shutdown, macro tailwinds
4. Sam Altman, Jony Ive said to be yet to solve key issues for 2026 device
5. Cerebras pulls IPO plans after raising $1B, still aims to go public
6. Supabase raises $100M at $5B valuation in funding round

0. Data and calendar

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. OpenAI rumored to launch “Agent Builder” at DevDay 2025 at 1 PM ET

• The tool would let users create agentic workflows, connect MCPs, and use ChatKit widgets.

• A drag-and-drop, canvas-like interface is expected.

• Rumored features include modular building blocks, logic nodes, connectors, user approvals, and file search support.

• The move could challenge automation platforms like n8n and Zapier.

OpenAI’s announcements frequently cause stocks to move, as happened last week with some e-commerce stocks

3. Grokipedia, Wikipedia rival from xAI, to be launched in beta in 2 weeks

• Grokipedia will be an “open source knowledge repository,” Elon Musk stated previously.

• Wikipedia often faces criticism for misinformed content and editorial bias.

4. Bitcoin briefly tops $125K amid U.S. shutdown, macro tailwinds

• $125,212.01 was touched at 1am ET on Sun.

• The shutdown has “renewed discussions around Bitcoin’s store-of-value role,” Fabian Dori, CIO at Sygnum Bank, said.

5. Sam Altman, Jony Ive said to be yet to solve key issues for 2026 device

• Deciding on the assistant’s “personality” and addressing privacy concerns are among the unresolved challenges.

• Budgeting for the computing power needed to run OpenAI’s models on a mass-market device is also a “huge factor” behind the delay.

• The device is expected to be roughly smartphone-sized, featuring a camera, microphone, and speaker.

  • Multiple cameras could be included.

• The device would be “always on,” but ensuring it only chimes in when useful remains a key challenge.

• Luxshare and other Chinese contract manufacturers are working with OpenAI on production.

6. Cerebras pulls IPO plans after raising $1B, still aims to go public

• Not intending to conduct a proposed offering “at this time,” Cerebras said in an SEC filing.

• Still hopes to go public as soon as possible, a Cerebras spox said.

• Sep. 2024: Cerebras filed for an IPO in the U.S.

7. Supabase raises $100M at $5B valuation in funding round led by Accel, Peak XV

• Figma Ventures also participated in the round.

• PwC, McDonald’s, and GitHub Next are among Supabase’s customers.

• Caters to 4M+ developers and powers Lovable and Bolt using its PostgresSQL-based platform.

8. United, Delta, American revamp cabins to cater to luxury-seeking flyers

The trio is adding more premium seats while cutting back on economy:

New American 787-9 has expanded its first and premium class seats

• Oct.: American will begin offering its Premium Economy class on New York-LA flights.

• 2024: Delta introduced its Premium Select on some New York-LA service.

9. Interesting videos, posts, and memes

10. Other headlines

AI

• EU pushes new AI strategy to reduce tech reliance on U.S., China.

• Sam Altman on global tour to seek funds, push TSMC orders: report.

• OpenAI’s Sora to add character controls, explore monetization.

• OpenAI acquires AI finance app Roi, with only CEO joining post-deal.

• Naveen Rao seeks $1B for $5B AI hardware startup led by a16z: sources

Tech

• Foxconn Q3 revenue +11% to $67.7B, misses market forecast.

• Tesla teases Tue. event as focus shifts to affordable EVs.

Tech & Law

• Uber, Lyft drivers win union rights under Newsom-signed bill.

Biotech

• Evelyne Bischof explores early brain aging markers.

• Cirrus Therapeutics raises $11M for gene therapy targeting dry AMD biology.

Business

• OPEC+ agrees to modest oil production increase for Nov.

• Boeing prepares for 737 output hike as soon as Oct.: sources.

• Toyota Industries $31B buyout plan faces antitrust delays.

Crypto

• GENIUS Act could mark end of banking rip-off: Multicoin exec.

U.S. politics

• Trump sends California Guard to Oregon despite court block.

• Illinois to get federalized Texas National Guard troops.

World

• Hamas, Israel deal being pushed by Trump over next few days.

• France’s new PM resigns sparking fresh political chaos.

• Japan’s new PM Takaichi leads equities higher as markets expect stimulus.

• China secretly pays Iran for oil despite U.S. sanctions: analysis.

• Putin’s New START nuclear treaty idea “good idea”: Trump.

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