Techmeme
February 19, 2026, 8:55 PM

Top News

Abner Li / 9to5Google:
Google rolls out Gemini 3.1 Pro, which it says is “a step forward in core reasoning”, for all users in the Gemini app; the .1 increment is a first for Google  —  In November, Google introduced Gemini 3 Pro in preview, with Gemini 3 Flash following a month later.
Kalley Huang / New York Times:
West Virginia's AG sues Apple for allegedly violating consumer protection law by not implementing tools like PhotoDNA to detect CSAM stored and shared on iCloud  —  The state's attorney general said in a lawsuit filed on Thursday that the company declined to use tools that recognize the material stored on iCloud.
Jay Peters / The Verge:
Jason Schreier / Bloomberg:
Sony shuts down Bluepoint Games, the PlayStation subsidiary behind remakes of older games like Demon's Souls and Uncharted; ~70 employees will lose their jobs  —  The PlayStation subsidiary previously made remakes of games like 'Demon's Souls'  —  Sony Group Corp. is shutting down Bluepoint Games …
Financial Times:
Sources: Nvidia nears an equity investment of up to $30B in OpenAI, replacing last year's long-term $100B commitment; the deal could be concluded this weekend  —  Chipmaker swaps last year's complex framework with AI start-up in favour of equity cheque  —  Nvidia is close to finalising …
Makena Kelly / Wired:
Docs: DHS has signed a five-year, $1B blanket purchase agreement with Palantir, allowing agencies like ICE to skip the competitive bidding process  —  “If you are interested in helping shape and deliver the next chapter of Palantir's work across DHS, please reach out,” a Palantir executive wrote …
Zoë Bernard / Wired:
Inside the “gay tech mafia” that mixes social and professional lives, as investors, entrepreneurs, and executives detail gay influence in Silicon Valley  —  Gay men have long been rumored to run Silicon Valley.  WIRED investigates.  —  No one can say exactly when, or if, gay men started running Silicon Valley.
Natalie Lung / Bloomberg:
New York pulls a proposal that would have allowed for robotaxi services outside NYC, a setback for Waymo, which wants to hit 1M paid weekly US rides by 2026 end  —  New York Governor Kathy Hochul has pulled a proposal that would have allowed for commercial robotaxi services outside New York City …
Max A. Cherney / Reuters:
Toronto-based chip startup Taalas, which hardwires AI models into custom silicon to achieve faster inference, raised $169M, bringing its total funding to $219M  —  Toronto-based chip startup Taalas said on Thursday it had raised $169 million and has developed a chip capable …
Jonathan Lloyd / NBC Los Angeles:
Los Angeles County sues Roblox, alleging it engaged in deceptive business practices that exposed children to sexual content, exploitation, and online predators  —  Roblox faces a lawsuit by Los Angeles County that alleges the gaming platform engaged in unfair and deceptive business practices …
Financial Times:
Sources: Accenture told executives that promotions would require “regular adoption” of AI and it is starting to track some senior staff's weekly AI tool logins  —  Consulting firms use ‘carrot and stick’ with some senior staff less willing to use technology than junior colleagues
Alan Neuhauser / Axios:
Sources: Emerald AI, which develops software to curb data center energy demand, is raising a $25M seed extension at a ~$250M post-money valuation  —  Emerald AI, which develops software to curb data-center energy demand, is raising $25 million in seed extension funding, two sources familiar with the offer tell Axios Pro.
Cherylann Mollan / BBC:
The Gates Foundation says Bill Gates will not deliver his keynote at India's AI Summit after “careful consideration”, amid controversy over his Epstein ties  —  Bill Gates will not deliver his keynote address at the India AI Impact Summit in Delhi, his philanthropic organisation …
Saritha Rai / Bloomberg:
Laith Al-Khalaf / Financial Times:
Klarna reports Q4 revenue up 38% YoY to $1.08B, a $26M net loss, down from a $40M net profit in Q4 2024, provision for credit losses up 59%; KLAR drops 26.9%  —  Swedish fintech's share price has plummeted by two-thirds since September IPO  —  Klarna shares slumped by more than a quarter …
Spencer Soper / Bloomberg:
Amazon dethrones Walmart as the world's largest company by revenue, reporting $717B in 2025 sales, compared to Walmart's $713.2B for the 12 months to January 31  —  Amazon.com Inc. has officially dethroned Walmart Inc. as the biggest global company by revenue, a milestone attesting …
Bloomberg:
Atlassian's founders lost ~$7.2B in wealth in 2026, behind AppLovin's three founders, amid a SaaS rout; TEAM is down 45%+ YTD, the Nasdaq 100's worst performer  —  Michael Cannon-Brookes became a billionaire in his 30s and one of Australia's richest tech executives with the initial public offering …

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More News

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CEPR:
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