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February 15, 2025, 11:50 AM
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Top News

Michael Nuñez / VentureBeat:
Perplexity releases Deep Research, offering five queries daily to free users and 500 to subscribers, available now on the web and soon on iOS, Android, and Mac  —  Perplexity shattered the artificial intelligence market's status quo today by launching Deep Research, a tool …
New York Times:
OpenAI's board unanimously rejects the $97.4B bid by Elon Musk and a consortium of investors, calling it “Mr. Musk's latest attempt to disrupt his competition”  —  Bret Taylor, the chairman of OpenAI's board, said the artificial intelligence company was “not for sale.”
Eric Geller / Wired:
Memo: CISA orders a review of every position related to election security work since 2017, to comply with Trump's January 20 EO on “ending federal censorship”  —  The US Cybersecurity and Infrastructure Security Agency has frozen efforts to aid states in securing elections, according to an internal memo viewed by WIRED.
Bloomberg:
Source: TSMC is considering taking a controlling stake and fully running Intel's US factories after a Trump team request, as Trump aims to boost manufacturing  —  - TSMC would take controlling stake in potential partnership  — Administration aims to boost manufacturing of advanced chips
Emily Nicolle / Bloomberg:
Tether acquires a minority stake in the iconic Italian football club Juventus, as part of a broader push to integrate digital assets into sports franchises  —  Tether Holdings SA de CV said it's acquired a minority stake in Juventus Football Club SpA, as one of crypto's most valuable companies continues …
Katie Roof / Bloomberg:
CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years  —  The billion-dollar startup bubble is deflating, and more than $1 trillion in value is locked up in companies with dwindling prospects.
The Information:
Sources: Anthropic expects to burn $3B in 2025, down from $5.6B in 2024, and make up to $3.7B in revenue in 2025, as it seeks to catch up with OpenAI  —  After burning $5.6 billion in cash last year, Anthropic said it would reduce that amount by nearly half in 2025 and projected up to $3.7 billion …
Mark Gurman / Bloomberg:
Sources: Apple's overhaul of Siri faces engineering problems and software bugs; some features, planned for April, may have to be postponed until May or later  —  - Software's makeover is key to Apple Intelligence ambitions  — New Siri features slated for April at risk of being postponed
Oliver Knight / CoinDesk:
Argentina's president Javier Milei backtracks on an X post promoting a memecoin called Libra, which rose to a $4.4B market cap before plunging by 95%+  —  Milei deleted his original promotional tweet and revealed that he wasn't aware of its details.  —  What to know:
J. Edward Moreno / Sherwood News:
Analysis: consumers spent $259.1B on Uber, Lyft, and DoorDash in 2024, up from $218.5B in 2023, with $162.8B on Uber, $80.2B on DoorDash, and $16.1B on Lyft  —  Lyft and DoorDash just reported their first years with net profits.  Instacart is likely next.  —  For a long time …
Dwarkesh Patel / Dwarkesh Podcast:
Q&A with Google's Jeff Dean and Noam Shazeer on Google's path to AGI, future of Moore's Law and TPUs, inference scaling, open research, and more  —  Two of Gemini's co-leads on Google's path to AGI  —  This week I welcome on the show two of the most important technologists ever, in any field.
Brody Ford / Bloomberg:
Sources: Dell nears a $5B deal to provide servers with Nvidia's GB200 chips for xAI's supercomputer project in Memphis  —  - Musk's AI startup developing supercomputer project in Memphis  — Dell working to win large share of xAI's Memphis build-out  —  Dell Technologies Inc …
Olivia Poh / Bloomberg:
Sources: SoftBank-backed eFishery, Indonesia's high-profile agritech startup, cuts over 1,000 jobs, or ~90% of its workforce, and weighs a potential liquidation  —  - Indonesia's high-profile agritech startup cuts over 1,000 jobs  — Company unraveling after allegedly faking most of its revenue
More: Tech in Asia
Eric Newcomer / Newcomer:
Sources: Lightspeed, whose bets include Wiz, Anthropic, and Stripe, returned $8B from current and active funds in the past five years, with $3B+ coming in 2024  —  I've got my hands on slides from Lightspeed's $7 billion fundraising effort  —  Lightspeed Venture Partners …

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This is a Techmeme archive page. It shows how the site appeared at 11:50 AM ET, February 15, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Samuel Stolton / Bloomberg:
The EU is reviewing Paramount's WBD takeover under the Foreign Subsidies Regulation, probing involvement of Middle Eastern funds; a decision is due by July 14

New York Times:
Lesley Stahl says David Ellison called her and promised to respect editorial independence at 60 Minutes, a sign he is taking steps to calm turmoil at the show

Lucas Manfredi / The Wrap:
Fubo and NBCUniversal reach a deal ending a months-long blackout, with NBCU's Spanish-language networks available Wednesday, English-language networks later

More News

Bloomberg:
Sources: humanoid robot startup Figure is in talks to raise $1.5B led by Align Ventures and Parkway VC at a $39.5B valuation, up from $2.6B in February 2024

Earlier Picks

Ingrid Lunden / TechCrunch:
Meta announces Project Waterworth, a subsea cable project that will span over 50,000 km and connect five continents
Vittoria Elliott / Wired:
DOGE's Tom Krause, the US Treasury's new Fiscal Assistant Secretary, is still the CEO of Cloud Software Group; critics say it may be a conflict of interest
Scharon Harding / Ars Technica:
In an AMA, Steve Huffman says Reddit is planning to roll out paid subreddits in 2025 and is “laying the foundation” to monetize commerce within subreddits
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