Techmeme
December 31, 2025, 1:30 PM

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 …
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.
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 …
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 …
Wall Street Journal:
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 …
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 …
The Information:
Sources: Uber is in talks to acquire the parking space reservation app SpotHero; the parking app was last valued at $290M  —  Uber has been in talks to acquire parking app SpotHero, a popular service that allows drivers to reserve parking spaces, according to people with knowledge of the discussions.
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 …

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More News

Suzanne Smalley / The Record:

Earlier Picks

Zhengdong Wang:
Vlad Savov / Bloomberg:
Zak Killian / Tom's Hardware: