Techmeme
February 27, 2026, 9:35 AM

Top News

CNBC:
OpenAI raised $110B at a $730B pre-money valuation, up from $500B in a secondary financing in Oct.; Amazon invested $50B, Nvidia and SoftBank invested $30B each  —  OpenAI has closed a $110 billion funding round, a financing that's more than double the size of its last raise a year ago, which was a record for a private tech company.
Anthropic:
Dario Amodei says Anthropic cannot “in good conscience” accede to DOD's request to remove safeguards and will work to ensure a smooth transition if offboarded  —  I believe deeply in the existential importance of using AI to defend the United States and other democracies, and to defeat our autocratic adversaries.
Axios:
Anthropic says new DOD “contract language” made “virtually no progress” on preventing Claude's use for mass domestic surveillance or fully autonomous weapons  —  Anthropic CEO Dario Amodei on Thursday said there has been “virtually no progress” on negotiations with the Pentagon.
Jennifer Jacobs / CBS News:
The Pentagon says it has offered compromises to Anthropic, including putting in writing that laws already bar the military from mass surveillance of Americans  —  Add CBS News on Google  —  As the U.S. military's partnership with artificial intelligence giant Anthropic teeters on the edge of collapse …
Washington Post:
Sources detail how the standoff between the Pentagon and Anthropic escalated after discussions about using Claude during hypothetical nuclear missile attacks  —  Start-up Anthropic and the U.S. military are careening toward a clash over government use of artificial intelligence — and whether it should be allowed to kill.
Financial Times:
Sources: DOD was in talks with leading AI companies about building AI tools to automate reconnaissance of China's power grids, utilities, and sensitive networks  —  US holding talks with AI groups to identify vulnerabilities in Chinese networks and feed US war planning
Annie Palmer / CNBC:
Reuters:
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B  —  Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
CNBC:
Netflix walks away from a deal to buy WBD's studio and streaming assets after WBD deemed Paramount's $31/share bid to be superior; NFLX jumps 8%+ after hours  —  Netflix is walking away from a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board on Thursday deemed …
More: Netflix Investor Relations, New York Times, The Hollywood Reporter, Warner Bros. Discovery, Deadline, Associated Press, TechCrunch, Times of India, PCMag, New York Times, Livemint, Fast Company, Media Matters for America, Sports Business Journal, TV Insider, Reuters, Washington Post, TODAY.com, Paramount, GamesIndustry.biz, Spyglass, Marketing Week, TheDesk.net, Fincrypt, Nairametrics, BERNAMA, The Sun Malaysia, The Mac Observer, Bounding Into Comics, The Wrap, Variety, The Hollywood Reporter, The Wrap, New York Times, Bloomberg, and CNN
LinkedIn: Walter Delph and Lillian Rizzo
Dan Goodin / Ars Technica:
Security researchers detail AirSnitch, a series of attacks that bypass Wi-Fi client isolation, enabling machine-in-the-middle attacks in modern Wi-Fi networks  —  That guest network you set up for your neighbors may not be as secure as you think.  —  It's hard to overstate the role that Wi-Fi plays in virtually every facet of life.
Elizabeth Howcroft / Reuters:
Tether says it has frozen $4.2B of its crypto token over links to “illicit activity”, including $3.5B since 2023 and $61M linked to pig-butchering scams  —  El Salvador-based stablecoin issuer Tether said it has frozen about $4.2 billion of its crypto tokens over links to …
John Yoon / New York Times:
South Korea approves Google's request to export detailed geographic data overseas, reversing a longstanding policy that made Google Maps largely nonfunctional  —  South Korea approved Google's request to export detailed map data, reversing a longstanding restriction that made the tool largely nonfunctional.
Tamsin McMahon / Bloomberg:
xAI co-founder Toby Pohlen is leaving the company, the seventh of 12 xAI co-founders to depart; Elon Musk put Pohlen in charge of Macrohard earlier this month  —  xAI co-founder Toby Pohlen said he is leaving Elon Musk's artificial intelligence startup, the latest founding executive to depart …
Luke Barr / ABC News:
CISA's interim director Madhu Gottumukkala is reassigned as DHS' director of strategic implementation; executive assistant director Nick Andersen will take over  —  The nominee to serve as CISA director has not yet received a hearing.  —  The Department of Homeland Security (DHS) …
Matteo Wong / The Atlantic:

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