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February 23, 2026, 11:30 PM
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memeorandum
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| Wall Street Journal: |
Anthropic says DeepSeek, MiniMax, and Moonshot violated its ToS by prompting Claude a combined 16M+ times and using distillation to train their own products — The allegations mirror those of OpenAI, which told House lawmakers that DeepSeek used ‘distillation’ to improve models
More: Anthropic, TechCrunch, The Economic Times, Decrypt, The Verge, Gizmodo, Bloomberg, Yahoo Finance, New York Times, Mashable, The Asia Business Daily, Crypto Briefing, Livemint, Tech.co, The Information, Implicator.ai, The Deep View, iTnews, PCMag, Engadget, Cyber Security News, Tom's Hardware, Rohan's Bytes, Business Insider, Reuters, and The Decoder
X: @anthropicai, @anthropicai, @edzitron, @timnitgebru, @timnitgebru, @elonmusk, @jaredkubin, @mert, @vasuman, @alexpalcuie, @firstadopter, @abcampbell, @theprimeagen, @timfduffy, @kenwheeler, @headinthebox, @luciascarlet, @morqon, @anthropicai, @xenoimpulse, @firstadopter, @tetsuoai, @morqon, @tensor_rotator, @jackellis, @tekbog, @gergelyorosz, @jackfriks, @teortaxestex, @hsvsphere, @yacinemtb, @krishnanrohit, @wesbos, @teknium, @gothburz, @timfduffy, @anthonyronning, @mitsuhiko, @theahmadosman, @sigkitten, @timfduffy, and @suhail
Bluesky: @lostpictureshow, @seldo.com, @mclean, @parismarx.com, and @peark.es
Forums: Hacker News, r/technology, r/BetterOffline, and r/singularity
| Pia Singh / CNBC: |
IBM shares closed down 13.15% after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization — International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology …
More: Claude, Reuters, Bloomberg, Benzinga, ZeroHedge News, The Information, The Register, NextBigWhat, MarketWatch, SiliconANGLE, Fast Company, CoinDesk, Investing.com, Investor's Business Daily, and Forbes
X: @ericjackson, @buccocapital, @patrickmoorhead, @jgarzik, @zerohedge, @beffjezos, @amitisinvesting, @chadwahl, @jachiam0, @zerohedge, @thezvi, @stocksavvyshay, @kobeissiletter, and @lisaabramowicz1
Bluesky: @carnage4life, @alexjamesfitz.com, and @seldo.com. Threads: @vishvanands. Mastodon: @lrhodes@merveilles.town
Forums: r/ArtificialInteligence, r/StockMarket, and Slashdot
| Citrini Research: |
Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays — A Thought Exercise in Financial History, from the Future — Preface — What if our AI bullishness continues to be right …
More: Wall Street Journal, South China Morning Post, CNBC, Noahpinion, Gizmodo, Forbes, The Deep View, Reuters, MarketWatch, Bloomberg, LinkedIn, Fortune, Business Insider, Benzinga, Implicator.ai, TechCrunch, The Crypto Times, and Cointelegraph
X: @andyfang, @citrini7, @johnloeber, @alapshah1, @can, @teortaxestex, @draecomino, @jackclarksf, @gavinsbaker, @captgouda24, @buccocapital, @citrini7, @sarthakgh, @deanwball, @thezvi, @ben_golub, @fabknowledge, @buccocapital, @cloud_opinion, @eric_seufert, @mweinbach, @mr_derivatives, @alexia, @conorsen, @michaeljburry, @hedgedirty, @ericbalchunas, @mweinbach, @thestalwart, @turnernovak, @buccocapital, @stevehou, @buccocapital, @tszzl, @dystopiabreaker, @chrispainteryup, @skooookum, @citrini7, @danhockenmaier, @hackteck, @jon_stokes, @gergelyorosz, @teortaxestex, @midnight_captl, @loopify, @stevenglinert, @gergelyorosz, @gergelyorosz, @danhockenmaier, @emollick, @citrini7, @cryptoklotz, @citrini7, @stevehou, @jigarshahdc, @geiger_capital, @indian_bronson, @arindube, @tmtlongshort, @splitcapital, @illscience, @cryptoklotz, @sammykoppelman, @citrini7, @trungtphan, @jamesborow, @econberger, @___4o____, @itzsuds, @realestaterahul, @benwfreeman1, @charles0neill, @godsburnt, @jesse_livermore, @goodguyguaranty, @conorsen, @borrowed_ideas, @cryptocyberia, @deanwball, @rhyssullivan, @tysonbrody, @dvasishtha, and @discoplomacy. LinkedIn: Viraj Mehta
Bluesky: @tedunderwood.com, @mims, @carlquintanilla, @carnage4life, @sadbusdriver, @sky.skymarchini.net, @dmnd.me, @akshatrathi, @cameron.stream, @bill-of-lefts, and @econberger
Forums: Hacker News, r/singularity, r/BetterOffline, r/neoliberal, r/slatestarcodex, and Slashdot
| Jack Pitcher / Wall Street Journal: |
Software stocks extended their weeks-long selloff on Monday; several of the biggest decliners were discussed in a post by Citrini Research — The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI. — Software-makers AppLovin, CrowdStrike …
More: Bloomberg, Financial Times, Barron's Online, Business Insider, Dow Jones Newswires, and Sherwood News
X: @skooookum, @dalibali2, @josephwang, @stocksavvyshay, @apralky, @conorsen, @jon_stokes, @mikeisaac, @jasonlk, @eliant_capital, @schuldensuehner, @blondesnmoney, @bearlyai, @natewitkin, @ljkawa, and @goodalexander
Bluesky: @carnage4life, @edzitron.com, @shiraovide, and @ljkawa
| Bloomberg: |
Sources: PayPal is attracting takeover interest after a stock slide over the past year wiped out almost half of its value; PYPL closes up 5.76% — PayPal Holdings Inc., the digital payments pioneer, is attracting takeover interest from potential buyers after a stock slide wiped out almost half of its value … | Rolfe Winkler / Wall Street Journal: |
Apple says it plans to move some production of Mac Mini to Houston from Asia later in 2026, as part of its efforts to invest $600B in the US over four years — The company will move some production of the desktop computer to Foxconn facility in Texas — Apple will move some production … | Rolfe Winkler / Wall Street Journal: |
A look at Apple's efforts to reshore the US chip supply chain, as the company commits to buying more than 100M chips from TSMC Arizona in 2026 — The iPhone maker wants more supply based in U.S., which remains years behind Asia Share Resize 5 Listen (2 min) You may also like Checkbox Embed code copied … | Vicky Ge Huang / Wall Street Journal: |
The administrator winding down Terraform Labs sues Jane Street, alleging it engaged in insider trading to profit from and ultimately hasten Terraform's collapse — The court-appointed administrator of Do Kwon's Terraform Labs alleged that Jane Street used nonpublic information from Terraform insiders to trade| Axios: |
A DOD official says xAI has agreed to let the military use Grok in classified systems and agreed to the “all lawful use” standard, which Anthropic has refused — But the Pentagon is threatening Anthropic in a dispute over safeguards and may soon need a replacement.
More: The Economic Times and Digit
X: @yoda. Bluesky: @carnage4life, @vulgareconomics, @dburbach, @caseynewton, and @jamespmcleod.ca. Threads: @carnage4life
Forums: r/Fauxmoi, r/law, and r/politics
| Axios: |
More: TechCrunch, The Information, Mercury News, Fox News, The Hill, The New Stack, Benzinga, Fast Company, New York Post, The Economic Times, CNBC, NBC News, The Asia Business Daily, Türkiye Today, and New Republic
X: @jengriffinfnc, @andrewcurran_, @jmbollenbacher, @rcbregman, @annmarie, @jxnlco, @malinowski, and @daniellefong
Bluesky: @seniormcgeezer and @carnage4life
Forums: r/neoliberal and r/Military
| Ashley Capoot / CNBC: |
OpenAI launches Frontier Alliances, entering into multiyear deals with Accenture, BCG, Capgemini, and McKinsey to help deploy its enterprise platform Frontier — OpenAI on Monday announced it is entering into multiyear partnerships with four consulting firms that will help the company deploy its enterprise platform called Frontier.
More: OpenAI, TechCrunch, SiliconANGLE, The Next Web, PYMNTS.com, Beyond Search, Barron's Online, Tech in Asia, Boardroom, Techstrong.ai, Benzinga, Fortune, The Information, The Decoder, and Computerworld
X: @johnwilson, @jasonlk, and @bradlightcap
LinkedIn: Matt Hebard, Ali Gorsuch, Richard King, and Denise Holland Dresser
| Wall Street Journal: |
How Binance staffers found $1B was sent to sanctioned Iranian entities via the exchange, which dismantled their probe and suspended them after Trump pardoned CZ — Weeks after Trump pardoned Binance's founder, the company dismantled probe and suspended the investigators; Binance denied inquiry ended or staff fired for the concerns| Salvador Rodriguez / CNBC: |
Uber agrees to acquire SpotHero for an undisclosed sum, to offer parking reservation for events and at venues and airports; SpotHero was last valued at $290M — Uber said it's acquiring SpotHero, a company that provides a parking reservation app for crowded downtowns, sporting events and concerts.
More: Business Wire, Bloomberg, MarketWatch, The Verge, Chicago Business Journal, San Francisco Business Times, and The Information. Forums: r/wallstreetbets
| Bloomberg: |
Sources: Anthropic has lined up $5B to $6B for an employee share sale at a valuation of about $350B; outside investors will be buying up the insider shares — Anthropic is offering some current and former employees the ability to sell shares in the company at a valuation of about $350 billion … | Lora Kolodny / CNBC: |
Tesla sues California's DMV to reverse a ruling that found Tesla violated the law by falsely promoting its Autopilot and Full Self-Driving systems — Tesla is suing California's Department of Motor Vehicles to reverse a ruling that found the automaker violated the law by falsely promoting its cars' self-driving capabilities.| Tom Warren / The Verge: |
Sources: some Xbox staffers say they are relieved that Sarah Bond is leaving, after she led a pivot away from the console with the “Xbox everywhere” strategy — Microsoft has a new gaming CEO who wants to bring Xbox back from the brink. … Xbox fans had been anticipating …
More: GamesBeat, PC Gamer, Tom's Guide, Android Headlines, Destructoid, Digital Foundry, MobileSyrup, Ars Technica, TheGamer, Fast Company, Thurrott, Tech4Gamers, Mashable, Kotaku, Windows Central, Pure Xbox, DayOne, GamingBolt, HotHardware, GamesIndustry.biz, and PlayStation LifeStyle
X: @detectiveseeds, @theghostofhope, @romudeth, @jezcorden, @mr_rebs_, and @mgsiegler. LinkedIn: Chris Heatherly
Bluesky: @seamus, @mgsiegler.com, @midimyers.com, @aegies, @nickstatt, and @tomwarren.co.uk
Forums: r/consoles, r/LastStandMedia, r/TwoBestFriendsPlay, r/gaming, r/LinusTechTips, r/kindafunny, r/xbox, and r/microsoft
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