Techmeme
February 23, 2026, 1:45 PM

Top News

Bloomberg:
Sources: PayPal is attracting takeover interest from potential buyers after its stock fell ~46% over the last 12 months, giving PayPal a market value of ~$38.4B  —  PayPal Holdings Inc., the digital payments pioneer, is attracting takeover interest from potential buyers after a stock slide wiped …
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 …
Jack Pitcher / Wall Street Journal:
Software stocks extend their weeks-long selloff, with AppLovin, Datadog, Workday down 7%+; several of the biggest decliners were discussed in a post by Citrini  —  The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI.
Anissa Gardizy / The Information:
How OpenAI scrambled for compute as Stargate stalled amid clashes with SoftBank; sources say OpenAI building its own data centers is not its near-term priority  —  When President Donald Trump announced the $500 billion Stargate AI data center project in January 2025, the three companies charged …
Axios:
Sources: US Defense Secretary Pete Hegseth summons Dario Amodei to the Pentagon on Tuesday morning for what is likely to be a tense meeting over Claude usage  —  Defense Secretary Pete Hegseth has summoned Anthropic CEO Dario Amodei to the Pentagon on Tuesday morning for what sources …
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
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.
David Streitfeld / New York Times:
In recent interviews, Sam Altman said AI's adoption faces more resistance than he expected, while Jensen Huang warned the “doomer narrative” may be winning  —  Tech leaders are beginning to worry about the public's underwhelming enthusiasm for their plans to remake the world with artificial intelligence.
Marcus Schuler / Implicator.ai:
Google Antigravity users say their paid Google AI accounts were banned after linking Gemini models via OpenClaw; Peter Steinberger says he may “remove support”  —  Google has restricted accounts of AI Ultra subscribers who accessed Gemini models through OpenClaw, a third-party OAuth client …
Tom Warren / The Verge:
Sources: Microsoft was forced to announce Xbox leadership changes early on Friday because the news had begun to leak to IGN, causing a day of internal chaos  —  Microsoft has a new gaming CEO who wants to bring Xbox back from the brink. … Xbox fans had been anticipating the retirement …
Cheyenne MacDonald / Engadget:
Samsung plans to add Perplexity to Galaxy AI on the upcoming S26 series; users can launch the Perplexity agent by saying “Hey Plex” or with a physical button  —  The wakeup phrase will be, ‘Hey Plex.’  —  Samsung's next flagship devices will offer Perplexity as part of an expansion …

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Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
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Sources:
Reflection's founders on building a DeepSeek of the West
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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New York Times:
Stephen Totilo / Game File: