Techmeme
December 31, 2025, 11:05 AM

Top News

Wall Street Journal:
How Manus distanced itself from its Chinese roots to court US investors; a source says Meta's $2.5B deal includes a $500M retention pool for Manus' employees  —  The $2.5 billion deal could herald a new era for China-linked AI companies and U.S. investors  —  Workers at Butterfly Effect …
M.G. Siegler / Spyglass:
Sneha Kumar / Reuters:
Filing: Chinese chip designer OmniVision Integrated Circuits seeks to raise up to ~$617M in a Hong Kong IPO; HKEX: Hong Kong IPOs have raised ~$36B in 2025  —  China's OmniVision Integrated Circuits (603501.SS) aims to raise up to HK$4.80 billion ($616.94 million) in its Hong Kong listing …
More: Tech in Asia
Kurt Wagner / Bloomberg:
Elon Musk says xAI bought a third building called “MACROHARDRR”, reportedly adjacent to Colossus 2, that will take the company's training compute to almost 2GW  —  Elon Musk's xAI is planning an expansion of its massive data center complex in Memphis, and has purchased a third building …
Reuters:
Suzanne Smalley / The Record:
The US Treasury has lifted sanctions on three executives tied to spyware maker Intellexa, reversing a designation imposed by the Biden administration in 2024  —  The Treasury Department on Tuesday took three people closely affiliated with the holding company behind Predator spyware off of a sanctions list …
Michael Acton / Financial Times:
Trump Mobile delays plan to launch its gold-coloured smartphone, initially promised for August 2025, saying the recent US government shutdown delayed deliveries  —  Move marks latest setback for project that originally promised to sell a US-made device  —  Trump Mobile, the phone company launched …
SoftBank Group Corp.:
SoftBank says it has completed a $22.5B investment in OpenAI, finalizing its up to $40B investment commitment announced in March and taking its stake to ~11%  —  SoftBank Group Corp. ("SBG" or the “Company") today announced that it has completed an additional investment of $22.5 billion …
Zak Killian / Tom's Hardware:
IDC expects shipments of PCs could shrink by up to 9% YoY in 2026 due to global memory shortages, as demand from AI data centers continues to outstrip supply  —  Memory shortages are expected to have a serious impact on the PC and smartphone market. … The International Data Corporation …
Bob Tita / Wall Street Journal:
How the AI data center boom boosted Caterpillar's power and energy unit; generator sales are up 28% YoY through Sept. 2025, after growing 22% to $7.8B in 2024  —  Sales of generators are powering the manufacturing giant's fastest-growing segment and a race to help data centers skip the grid
More: PYMNTS.com

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Earlier Picks

Zhengdong Wang:
Vlad Savov / Bloomberg:
Sergiu Gatlan / BleepingComputer:
CTech: