| Financial Times: |
The Biden admin unveils a new chip export rule that gives 18 key allies full AI chips access while requiring licenses from most other countries, including China — US semiconductor industry warns move will aid competitors — The US is imposing expansive export controls on chips used … | Reuters: |
Nvidia criticizes the Biden admin's new chip export rule, saying the regulation would “undermine” the US' AI leadership and “weaken” its global competitiveness — Nvidia (NVDA.O) on Monday criticized a new effort by the Biden administration to tighten Washington's grip … | Will Knight / Wired: |
The US' new chip export rule enters a 120-day consultation period, requiring the Trump admin to listen to input, perhaps modify the rule, and then enforce it — The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.| Mark Gurman / Bloomberg: |
Sonos CEO Patrick Spence is leaving following a botched app revamp that upset customers and stymied growth; Sonos names board member Tom Conrad as interim CEO — - 'We've let far too many people down,' company tells staffers — Former Snap and Pandora executive Tom Conrad named interim CEO| Keir Starmer / Financial Times: |
The UK's PM debuts plans to increase its public sector compute over 20x to spark a “national renewal”, saying the UK doesn't need to walk a US or EU path on AI — Going our own way will unleash national renewal — Artificial intelligence is the defining opportunity of our generation.| Dominic Preston / The Verge: |
Mastodon CEO Eugen Rochko plans to transfer Mastodon's ownership to a new non-profit, saying “Mastodon should not be owned or controlled by a single individual” — Mastodon says the decentralized network ‘should not be owned or controlled by a single individual.’| Jonathan Stempel / Reuters: |
SCOTUS declines to hear Meta's bid to avoid a class action by advertisers that accused the company of overcharging them by inflating their potential ad reach — The U.S. Supreme Court declined on Monday to hear a bid by Meta Platforms (META.O) to avoid a multi-billion dollar class action … | Leena Rao / Business Insider: |
Sources: Chainalysis acquires AI-agent security startup Alterya for ~$150M; Alterya is still in stealth mode but has clients including Coinbase, Square, Binance — - Chainalysis has acquired Alterya, a fraud-detection startup, for $150 million. — Founded in 2022, Alterya uses AI to detect scams for financial and crypto firms.| Marina Temkin / TechCrunch: |
Raspberry AI, which uses AI to turn fashion designer sketches into realistic images and has ~70 clients including Under Armour, raised an a16z-led $24M Series A — The world of fashion is moving at a faster pace each year. Most retailers introduce new styles each season … | New York Times: |
OpenAI publishes a “economic blueprint” for “AI in America”, calling on the new Trump admin to spur investment from the Middle East and avoid strict regulations — The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies.| Counterpoint Research: |
Global smartphone shipments grew 4% YoY in 2024 after a decade-low in 2023; top two brands, Samsung and Apple, were mostly flat, while Xiaomi grew 12% YoY — - Global smartphone sell-through grew 4% YoY in 2024, following the weakest year in a decade in 2023.| Aaron Holmes / The Information: |
| Samuel Stolton / Bloomberg: |
Sources: the EU sent questionnaires to app developers in December focusing on concerns Apple's Core Technology Fee of €0.50 per app install could drive up costs — - Firm's new fees for developers lead to fresh EU questions — EU is examining Apple's plans under a Digital Markets Act case| Ryan Lawler / Axios: |
Clearwater Analytics agreed to acquire Enfusion, a SaaS provider for hedge funds and investment managers, in a cash-and-stock deal valued at $1.5B — Exit Content Preview … - Clearwater expects to pay around $760 million in cash and issue between 23 million and 28 million new shares to Enfusion shareholders.
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