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February 15, 2025, 1:00 PM
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| 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 …
More: Perplexity, Tom's Guide, WinBuzzer, The Decoder, The Indian Express, Analytics India Magazine, Livemint, Neowin, The Verge, Digital Trends, and TestingCatalog
Threads: @dkasper. X: @perplexity_ai, @aravsrinivas, @perplexity_ai, @kimmonismus, @rauchg, @iruletheworldmo, @perplexity_ai, @ludwigabap, @aravsrinivas, @deedydas, @amasad, and @gergelyorosz. LinkedIn: Pelin Bicen
| 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.
More: Alternet.org and New York Post
X: @ericgeller, @ericgeller, @ericgeller, @ericgeller, @ericgeller, and @ericgeller
| Wired: |
Romance scams may rise as isolation grows and generative AI helps scammers scale; FBI says US victims lost ~$4.5B to such scams over the past decade — Romance scams cost victims hundreds of millions of dollars a year. As people grow increasingly isolated, and generative AI helps scammers scale …
More: Fox News, SC Media, Security Boulevard, The Indian Express, crypto.news, Finextra, Coinmonks, Blockonomi, The Block, and The Week
| 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.”
More: PCMag, Washington Post, The Decoder, Mr. Plan ₿ Publication, Nairametrics, International Business Times, CNBC, Inc, The Economic Times, Livemint, Los Angeles Times, The Independent, Reuters, Business Insider, San Francisco Business Times, CNN, The Times, Neowin, The Information, Associated Press, The Wrap, NBC News, TechCrunch, Engadget, Wall Street Journal, Axios, Bloomberg, The Hollywood Reporter, The Verge, Semafor, Thurrott, Chat GPT Is Eating the World, Big Technology, Daily Guardian, Android Headlines, and PC Gamer
Bluesky: @dead.place and @gloriasin
X: @openainewsroom, @shiringhaffary, and @benfritz
| Emily Nicolle / Bloomberg: |
Tether's venture arm acquires a minority stake in 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.
Bluesky: @kellblog and @katieroof
LinkedIn: Katie Roof, Erika Hall, Suzanne Rabicoff, and Anne Riley Moffat
Forums: Hacker News and Slashdot
| 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.| 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 $1.25B in sales — - The project has sold more than 24 billion tokens so far — Chinese crypto entrepreneur Justin Sun is a project investor| Boone Ashworth / Wired: |
A profile of Watch Duty creator John Clarke Mills, who is expanding the free fire-tracking app so it becomes 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.
Bluesky: @boone and @katie-drummond
| 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 …
More: Harvey, Artificial Lawyer, Law360, and Crunchbase News
LinkedIn: Sean O'Brien and Winston Weinberg
| 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 …
More: The Verge, Observer, The Indian Express, and Analytics India Magazine
| Oliver Knight / CoinDesk: |
Argentine President Javier Milei posted and then deleted an X post promoting Libra, a memecoin that rose 2,000%+ to a $4.4B market cap before plunging 95%+ — Milei deleted his original promotional tweet and revealed that he wasn't aware of its details. — What to know:| New York Times: |
Sources: Intel has spoken with the Trump administration and TSMC over the past few months about a deal in which TSMC assumes control of Intel's foundry business — The Silicon Valley giant is trying to cut a deal it hopes would help it pull out of a yearslong slump.| Bloomberg: |
More: CTech, Reuters, Benzinga, Wall Street Pit, TweakTown, Oregonian, The Information, Motley Fool, Yahoo Finance, Forexlive, and Livemint
Bluesky: @gerritd, @sensehofstede.nl, @techjournalism, and @cdmasterzang
X: @scottlincicome, @ericjhonsa, @angelicaoung, @calebwatney, @noahpinion, @ericjhonsa, @jukanlosreve, @mackhawk, and @newsynick
Forums: r/China_irl, r/PortlandOR, r/neoliberal, r/wallstreetbets, and r/hardware
| David Pan / Bloomberg: |
Industry executives say US crypto miners are facing delays receiving new equipment from Bitmain and other Chinese suppliers due to heightened customs scrutiny — - Bitmain rakes in billions of dollars from mining machine sales — The Beijing-based company is also a leading AI chip developer
More: Blockchain News and Yahoo Finance
| 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 …
More: Sherwood News
| 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 … | Gillian Tan / Bloomberg: |
Source: xAI is canvassing potential investors, including Sequoia Capital and a16z, for a roughly $10B funding round that would value the company at about $75B — - Sequoia, Andreessen Horowitz, Valor in talks to participate — Company last fundraised at $51 billion valuation per Pitchbook
More: The Economic Times, The Information, Yahoo Finance, ZeroHedge News, TechCrunch, and Reuters. Threads: @parkert
| Brody Ford / Bloomberg: |
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