Techmeme
February 24, 2026, 11:35 AM

Top News

Wall Street Journal:
Meta agrees to acquire up to 6GW of AMD Instinct GPUs in a deal valued at $100B+ that could see Meta own up to 10% of AMD; Meta plans to deploy 1GW in 2026  —  The deal could result in Meta owning as much as 10% of AMD's stock as the chip maker seeks to challenge Nvidia
Tripp Mickle / New York Times:
How Silicon Valley has long ignored China's looming Taiwan invasion and its chip supply impact; US officials warned Apple, AMD, and Qualcomm about China's plans  —  Federal officials have for years tried to wean Silicon Valley from its dependence on Taiwan, an island democracy roughly the size …
Rolfe Winkler / Wall Street Journal:
Apple says it plans to move some Mac mini production 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 100M+ chips from TSMC Arizona in 2026, amid US-China tensions  —  The iPhone maker wants more supply based in U.S., which remains years behind Asia  —  PHOENIX—On a desolate stretch of land dotted …
Tom Singleton / BBC:
The UK ICO fines Reddit £14.47M for unlawfully using children's personal information; Reddit began verifying user ages in July 2025 to comply with the UK OSA  —  Reddit has been fined £14.47m by the UK's data watchdog for unlawfully using children's personal information.
Akila Quinio / Financial Times:
Stripe hits a $159B valuation after an employee share sale to investors like Thrive, Coatue, and a16z, a 70% jump from its $92B valuation in February 2025  —  Deal will allow payments company to stay private for longer  —  Stripe's valuation has soared by more than 70 per cent to $159bn …
Rachel Metz / Bloomberg:
Anthropic launches Claude Cowork agent tools for investment banking, HR, design, and more, including a specialized financial plugin developed alongside FactSet  —  Anthropic PBC is expanding the reach of its Claude chatbot into new sectors, weeks after the startup sparked a market meltdown …
Max Seddon / Financial Times:
Russian media: Russia opens an investigation into Telegram founder Pavel Durov for “abetting terrorist activities”, as it promotes its state-run rival Max app  —  Kremlin steps up curbs against messaging app and promotes a state-backed rival  —  Russia has opened an investigation …
Reuters:
A Trump administration official says DeepSeek's new model, expected next week, was trained on Nvidia Blackwell chips, in a potential US export control violation  —  Chinese AI startup DeepSeek's latest AI model, set to be released as soon as next week, was trained on Nvidia's (NVDA.O) …
Wall Street Journal:
More: Anthropic, Fortune, The Hacker News, Mashable, The American Bazaar, Interconnects AI, Gizmodo, Engadget, Infosecurity, Neowin, CNN, Business Today, Moneycontrol, Latent.Space, Cyber Security News, Yahoo Finance, Financial Times, The Deep View, Bloomberg, and Reuters
Stephen Nellis / Reuters:
ASML researchers unveil a breakthrough in EUV light source power, increasing output from 600W to 1,000W, a jump that could yield 50% more chips by 2030  —  Researchers at ASML Holding say they have found a way to boost the power of the light source in a key chip making machine to turn …
Emma Roth / The Verge:
Reuters:
Filings: some Meta execs warned in 2019 that adding E2E encryption to Facebook and Instagram messaging would hinder the ability to flag CSAM to law enforcement  —  Meta (META.O) executives proceeded with a plan to encrypt the messaging services connected to its Facebook and Instagram apps …
Vicky Ge Huang / Wall Street Journal:
A court-appointed administrator winding down Terraform Labs sues Jane Street, alleging it engaged in insider trading to profit from and hasten Terraform's fall  —  The court-appointed administrator of Do Kwon's Terraform Labs alleged that Jane Street used nonpublic information from Terraform insiders to trade
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
Anthropic:
Anthropic introduces “persona selection model”, a theory to explain AI's human-like behavior, and details how AI personas form in pre-training and post-training  —  AI assistants like Claude can seem surprisingly human.  They express joy after solving tricky coding tasks.
Natalie Breymeyer / Axios:
Slang AI, which develops voice-based software for the hospitality industry that answers inbound calls, manages reservations, and more, raised a $36M Series B  —  Slang AI, a New York-based AI platform for the hospitality industry, raised a $36 million Series B led by U.S. Venture Partners, CEO Alex Sambvani tells Axios exclusively.
More: FinSMEs
New York Times:
DOJ files reveal how Jeffrey Epstein ingratiated himself with top Microsoft executives, aiding his return to society after his release from prison in 2009  —  For more than two decades, the convicted sex offender developed a network at the tech giant, making him privy to succession discussions and other business.

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K.J. Yossman / Variety:
Josh Dzieza / The Verge:
Bloomberg:
Axios: