| 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 … | 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.| 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.”| 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 … | Bloomberg: |
Source: TSMC is considering a controlling stake and fully operating Intel's US factories after a Trump team request, as Trump aims to boost US manufacturing — - TSMC would take controlling stake in potential partnership — Administration aims to boost manufacturing of advanced chips| 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.| Olga Kharif / Bloomberg: |
The website of President Trump's World Liberty Financial shows the crypto project sold 24B+ of its 25B WLFI tokens after a slow start, implying sales of $1.25B — - The project has sold more than 24 billion tokens so far — Chinese crypto entrepreneur Justin Sun is a project investor| Sharon Goldman / Fortune: |
Harvey, which builds generative AI tools for law firms, raised a $300M Series D led by Sequoia at a $3B valuation; CEO Winston Weinberg says ARR surpassed $50M — Harvey, a San Francisco AI startup focused on the legal industry, has raised $300 million in a funding round led by Sequoia … | 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 … | Boone Ashworth / Wired: |
A profile of Watch Duty creator John Clarke Mills, who wants the fire-tracking app to become a one-stop shop for information during any disaster — Watch Duty proved indispensable during the recent LA wildfires. John Mills, the app's creator, wants it to be the one place to go for tracking disasters.| 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:| 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| David Pan / Bloomberg: |
Industry executives say US crypto miners are facing delays in receiving new equipment from Bitmain and other Chinese suppliers amid heightened customs scrutiny — - Bitmain rakes in billions of dollars from mining machine sales — The Beijing-based company is also a leading AI chip developer| 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.| Wall Street Journal: |
Sources detail Sam Altman and Elon Musk's disintegrating relationship and how Altman secretly worked around Musk to blindside him with the Stargate announcement — On the first full day of the second Trump presidency, Elon Musk was in the White House complex when he got word that his nemesis … | 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| 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 … | 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 … | Gillian Tan / Bloomberg: |
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