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December 31, 2025, 12:30 PM
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Mediagazer
memeorandum
WeSmirchTop 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 …
More: South China Morning Post, COINOTAG, Bloomberg, The Decoder, Trak.in, Business Insider, Reuters, Semafor, BBC, AIN, New York Post, Gizmodo, Caixin Global, The American Bazaar, EasternEye, Asia Financial, Washington Times, Fortune, International Business Times, Computerworld, Wall Street Journal, Spyglass, and Financial Times
X: @kyleichan, @petereharrell, @chrisrmcguire, and @henrysgao
| Wall Street Journal: |
OpenAI financial data: its stock-based pay averaged ~$1.5M per employee in 2025, ~7x Google pre-IPO and ~34x the average pay of other pre-IPO peers, per Equilar — The company's stock-based compensation in 2025 reached an average of $1.5 million per employee
More: Yahoo Finance, CTech, COINOTAG, Hindustan Times, and The Decoder
| Jeanny Yu / Bloomberg: |
Chinese AI firms are leading a wave of IPOs in Hong Kong, where at least 25 companies debuted in December 2025, the busiest month for deals since November 2019 — Chinese artificial intelligence firms are leading a wave of listings in Hong Kong, aiming to capitalize on a recent market momentum.
More: Reuters and South China Morning Post
| Shivangi Lahiri / Reuters: |
| Emily Nicolle / Bloomberg: |
Trump Media, owner of Truth Social, plans to distribute a new token to shareholders with partner Crypto.com, expected to operate on the Cronos blockchain — Trump Media and Technology Group Corp. plans to issue a new cryptocurrency, which will be distributed among its shareholders.| 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: |
Sources: Nvidia has approached TSMC to ramp up H200 chip production; Chinese companies have placed orders for 2M+ H200 chips for 2026, while Nvidia holds 700K — Nvidia (NVDA.O) is scrambling to meet strong demand for its H200 artificial intelligence chips from Chinese technology companies …
More: Investor's Business Daily, NDTV Profit, CNBC, Proactive, Benzinga, Modern Diplomacy, Yahoo Finance, COINOTAG, The Decoder, Sharecast, Hürriyet Daily News, The Standard, Asia Times, and DigiTimes. Forums: r/NVDA_Stock
| Wency Chen / South China Morning Post: |
Sources: ByteDance plans to spend about $14B on Nvidia's AI chips in 2026, an increase of about 18% from 2025 — Chinese unicorn's computing needs have climbed across its portfolio of popular apps, cloud unit Volcano Engine and large language models — ByteDance plans to spend about 100 billion yuan …
More: Tom's Hardware, AIN, Benzinga, ZeroHedge News, Reuters, DigiTimes, and NewsMax.com. Forums: r/NVDA_Stock
| 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 …
More: Fortune, PCMag, Business Insider, The Guardian, CBS News, RTÉ, Proactive, Mashable, and Yahoo Finance
| Essi Lehto / Reuters: |
Finland seizes a ship suspected of damaging an undersea cable linking Helsinki and Estonia in the Gulf of Finland; Estonia says a second cable was also damaged — Finnish police on Wednesday seized a ship suspected of damaging an undersea telecoms cable running from Helsinki …
More: Bloomberg Law, The Record, Radio Free Europe/Radio …, Reuters, The Indian Express, and Associated Press
Bluesky: @duncandixoncoffee and @rvps2001
Forums: r/worldnews, r/neoliberal, and Slashdot
| Anna Heim / TechCrunch: |
Dealroom: 76 European deep tech and life sciences companies spun out from universities reached $1B valuations or $100M in revenue in 2025, or both — Universities and research labs have long been Europe's deep tech treasure trove. Now, academic spinouts have consolidated … | 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 …
More: Reuters and The Hacker News
X: @jsrailton, @jsrailton, @jsrailton, and @jsrailton
Bluesky: @micchiato, @evacide, @natynettle, and @natynettle
| 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
| 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 …
More: Taipei Times, BMI, Reuters, The Japan Times, The American Bazaar, Nikkei Asia, Nikkei Asia, SiliconANGLE, eWeek, TNGlobal, Yahoo Finance, Benzinga, Forbes Middle East, Reuters, iPhone in Canada, Sherwood News, and CNBC
X: @the_ai_investor, @stocksavvyshay, @londonrealtv, @kantineastt, @geoffreywoo, @unusual_whales, @amitisinvesting, @altryne, and @andrewcurran_. LinkedIn: Adam Goldberg. Bluesky: @notthatadamlevine. Mastodon: @andrew@esq.social
Forums: r/humanfuture, r/OpenAI, r/BetterOffline, r/singularity, and r/technology
| Reuters: |
Filing: China's top DRAM maker CXMT plans to raise $4.2B in a Shanghai IPO; CXMT held a 4% global share in Q2 2025 and targets HBM production by the end of 2026 — China's leading maker of DRAM chips, ChangXin Memory Technologies (CXMT) Corp, said on Tuesday it plans to raise 29.5 billion yuan … Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cape:
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Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Zoho:
Zoho Backstage x Zoho MCP: Your events, now connected to AI — Event management involves a constant stream of decisions and actions. Registration numbers change, attendee lists grow, ticket classes evolve, and new requests come in throughout the day.
Zoho Backstage x Zoho MCP: Your events, now connected to AI — Event management involves a constant stream of decisions and actions. Registration numbers change, attendee lists grow, ticket classes evolve, and new requests come in throughout the day.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Grit:
Data Centers in Orbit by 2028: Baiju Bhatt on His Plans After Robinhood
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
How to close $100K+ enterprise deals, step by step | Jen Abel
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Big Tech's Insane Hidden AI Spending, Ranking Anthropic vs. OpenAI, AI For Travel Debate
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
OpenAI's Two-Week Pause + Jill Lepore on the Threat of the "Artificial State" + Train of Thought
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Channels with Peter Kafka:
The $12.5 Billion Lakers, the NFL's TV Fight, and Sports Media's Big Split
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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