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February 15, 2025, 6:40 AM
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| New York Times: |
OpenAI's board rejects the $97.4B bid by Elon Musk and a consortium of investors, saying they reject “Musk's latest attempt to disrupt his competition” — Bret Taylor, the chairman of OpenAI's board, said the artificial intelligence company was “not for sale.”
More: Washington Post, CNBC, International Business Times, The Independent, Los Angeles Times, The Economic Times, Livemint, Inc, Reuters, Business Insider, CNN, The Times, San Francisco Business Times, Neowin, The Information, Associated Press, The Wrap, NBC News, TechCrunch, Engadget, Wall Street Journal, Axios, Bloomberg, The Verge, The Hollywood Reporter, Semafor, Thurrott, Android Headlines, PC Gamer, and Daily Guardian
Bluesky: @dead.place and @gloriasin
X: @openainewsroom, @shiringhaffary, and @benfritz
| Bloomberg: |
Source: TSMC is considering taking a controlling stake and fully running Intel's US factories after a Trump team request, as Trump aims to boost manufacturing — - TSMC would take controlling stake in potential partnership — Administration aims to boost manufacturing of advanced chips
More: The Economic Times, Tom's Hardware, Benzinga, Wall Street Pit, TweakTown, TweakTown, Oregonian, The Information, Reuters, Motley Fool, Yahoo Finance, Forexlive, Livemint, and PCMag
Bluesky: @cdmasterzang. X: @scottlincicome, @ericjhonsa, @angelicaoung, @calebwatney, @noahpinion, @ericjhonsa, @jukanlosreve, @mackhawk, and @newsynick
Forums: r/PortlandOR, r/neoliberal, r/wallstreetbets, and r/hardware
| Michael Nuñez / VentureBeat: |
Perplexity releases Deep Research, offering five queries daily to free users and 500 to subscribers, available now on the web and soon on iOS, Android, and Mac — Perplexity shattered the artificial intelligence market's status quo today by launching Deep Research, a tool …
More: Perplexity, WinBuzzer, The Decoder, The Indian Express, Livemint, Neowin, The Verge, Analytics India Magazine, Digital Trends, and TestingCatalog
Threads: @dkasper. X: @perplexity_ai, @aravsrinivas, @perplexity_ai, @kimmonismus, @rauchg, @iruletheworldmo, @perplexity_ai, @ludwigabap, @aravsrinivas, @deedydas, @amasad, and @gergelyorosz. LinkedIn: Pelin Bicen
| Mark Gurman / Bloomberg: |
Sources: Meta plans major investment in AI-powered humanoid robots, with an initial focus on household chores, and has formed a new team within Reality Labs — - Company is aiming to be the engine powering humanoid market — Ex-Cruise CEO Marc Whitten to run new group in Reality Labs
More: The Verge, Livemint, Analytics India Magazine, WinBuzzer, Reuters, Hindustan Times, Benzinga, Seattle Business Journal, PYMNTS.com, MacRumors, VICE, Proactive, Engadget, SlashGear, Motley Fool, TechCrunch, Forbes, Gizmodo, Quartz, iPhone in Canada Blog, Neowin, Sherwood News, TweakTown, The Information, Digital Trends, MediaPost, and ZeroHedge News
Bluesky: @golikehellmachine.com, @alexandergruchala, @zachrabiroff.com, @golikehellmachine.com, @golikehellmachine.com, @warrenterra, @soregashi, @hypervisible, @kurtwagner, @harjovarjo, @sccoast, @razoroccam, and @ohnoerik
Threads: @young.mete, @young.mete, @szed_ar, and @jetscott
X: @garymarcus, @andrewcurran_, @solvingkasada, @cixliv, @rihardjarc, @scobleizer, @markgurman, @markgurman, and @markgurman
Forums: r/artificial and MacRumors Forums
| Eric Geller / Wired: |
Memo: CISA halts election security work and reviews related activities conducted since 2017, to comply with Trump's January 20 EO on “ending federal censorship” — The US Cybersecurity and Infrastructure Security Agency has frozen efforts to aid states in securing elections, according to an internal memo viewed by WIRED.
More: New York Post. Bluesky: @cityplanning and @couts. Mastodon: @mattblaze@federate.social
X: @ericgeller, @ericgeller, @ericgeller, @ericgeller, @ericgeller, and @ericgeller
Forums: r/politics, r/law, r/cybersecurity, and r/inthenews
| Gillian Tan / Bloomberg: |
Source: xAI is canvassing potential investors, including Sequoia Capital and a16z, for a roughly $10B funding round that would value the company at about $75B — - Sequoia, Andreessen Horowitz, Valor in talks to participate — Company last fundraised at $51 billion valuation per Pitchbook
More: The Information, The Economic Times, Yahoo Finance, ZeroHedge News, TechCrunch, and Reuters. Threads: @parkert
| Brody Ford / Bloomberg: |
| Emily Nicolle / Bloomberg: |
Tether acquires a minority stake in the iconic Italian football club Juventus, as part of a broader push to integrate digital assets into sports franchises — Tether Holdings SA de CV said it's acquired a minority stake in Juventus Football Club SpA, as one of crypto's most valuable companies continues … | Mark Gurman / Bloomberg: |
Sources: Apple's overhaul of Siri faces engineering problems and software bugs; some features, planned for April, may have to be postponed until May or later — - Software's makeover is key to Apple Intelligence ambitions — New Siri features slated for April at risk of being postponed
More: HackerNoon, France 24, Tom's Guide, PhoneArena, TechCrunch, BGR, AppleInsider, MacRumors, 9to5Mac, Mashable, Le Monde, and Business Standard
Mastodon: @ashleygjovik@mastodon.social. X: @ashleygjovik, @markgurman, @patrickmoorhead, @markgurman, and @zoneoftech
Forums: r/apple and MacRumors Forums
| Ingrid Lunden / TechCrunch: |
Meta announces Project Waterworth, a subsea cable project that will span over 50,000 km and connect five continents — Back in November, we broke the news that Meta — owner of Facebook, Instagram and WhatsApp, with billions of users accounting for 10% of all fixed and 22% of all mobile traffic …
More: Engineering at Meta, Financial Express, Neowin, YourStory.com, The White House, Moneycontrol, The Indian Express, eWeek, DatacenterDynamics, Gizmodo, Engadget, and Business Standard
Bluesky: @antonshadow. X: @ingridlunden. LinkedIn: Robert Clarke, Omar Baldonado, and Santosh Janardhan
| The Information: |
Sources: Anthropic expects to burn $3B in 2025, down from $5.6B in 2024, and make up to $3.7B in revenue in 2025, as it seeks to catch up with OpenAI — After burning $5.6 billion in cash last year, Anthropic said it would reduce that amount by nearly half in 2025 and projected up to $3.7 billion …
More: The Verge, Observer, The Indian Express, Analytics India Magazine, and TechCrunch. Bluesky: @edzitron.com
| Scharon Harding / Ars Technica: |
In an AMA, Steve Huffman says Reddit is planning to roll out paid subreddits in 2025 and is “laying the foundation” to monetize commerce within subreddits — Huffman previously showed interest in potentially introducing a new type of subreddit with “exclusive content or private areas” that Reddit users would pay to access.
More: Gizmodo, TweakTown, SFist, Digital Trends, and Engadget
Forums: r/RDDT, r/technology, r/fediverse, r/jakeandamir, r/enshittification, r/CommercialAV, r/NewsWithJingjing, r/france, r/stupidpol, r/Piracy, r/NewsOfTheStupid, r/LibertarianUncensored, r/apple, r/sanfrancisco, r/EL_Radical, r/nottheonion, r/DataHoarder, r/business, Beehaw, Slashdot, and Ars OpenForum
| Sharon Goldman / Fortune: |
Harvey, which builds generative AI tools for law firms, raised a $300M Series D led by Sequoia at a $3B valuation; CEO Winston Weinberg says ARR surpassed $50M — Harvey, a San Francisco AI startup focused on the legal industry, has raised $300 million in a funding round led by Sequoia …
More: Harvey, Artificial Lawyer, Law360, Crunchbase News, and San Francisco Business Times
LinkedIn: Sean O'Brien and Winston Weinberg
| Wall Street Journal: |
Sources detail Sam Altman and Elon Musk's disintegrating relationship and how Altman secretly worked around Musk to blindside him with the Stargate announcement — On the first full day of the second Trump presidency, Elon Musk was in the White House complex when he got word that his nemesis …
More: The Indian Express
| Heather Haddon / Wall Street Journal: |
Uber sues DoorDash, accusing it of anticompetitive practices like coercing restaurants to exclusively work with DoorDash for parts of their delivery business — Lawsuit accuses DoorDash of strong-arm tactics that inflate restaurants' costs; DoorDash disputes Uber's allegations| Boone Ashworth / Wired: |
A profile of Watch Duty creator John Clarke Mills, who wants the fire-tracking app to become a one-stop shop for information during any disaster — Watch Duty proved indispensable during the recent LA wildfires. John Mills, the app's creator, wants it to be the one place to go for tracking disasters.
More: Mirror
| David Pan / Bloomberg: |
Industry executives say US crypto miners are facing delays in receiving new equipment from Bitmain and other Chinese suppliers amid heightened customs scrutiny — - Bitmain rakes in billions of dollars from mining machine sales — The Beijing-based company is also a leading AI chip developer
More: Blockchain News and Yahoo Finance
| J. Edward Moreno / Sherwood News: |
Analysis: consumers spent $259.1B on Uber, Lyft, and DoorDash in 2024, up from $218.5B in 2023, with $162.8B on Uber, $80.2B on DoorDash, and $16.1B on Lyft — Lyft and DoorDash just reported their first years with net profits. Instacart is likely next. — For a long time …
More: Motley Fool and Sherwood News
| Dwarkesh Patel / Dwarkesh Podcast: |
Q&A with Google's Jeff Dean and Noam Shazeer on Google's path to AGI, future of Moore's Law and TPUs, inference scaling, open research, and more — Two of Gemini's co-leads on Google's path to AGI — This week I welcome on the show two of the most important technologists ever, in any field.| Olga Kharif / Bloomberg: |
The website of President Trump's World Liberty Financial shows the crypto project sold 24B+ of its 25B WLFI tokens after a slow start, implying sales of $1.25B — - The project has sold more than 24 billion tokens so far — Chinese crypto entrepreneur Justin Sun is a project investor
More: The Block
| Olivia Poh / Bloomberg: |
Sources: SoftBank-backed eFishery, Indonesia's high-profile agritech startup, cuts over 1,000 jobs, or ~90% of its workforce, and weighs a potential liquidation — - Indonesia's high-profile agritech startup cuts over 1,000 jobs — Company unraveling after allegedly faking most of its revenue
More: Tech in Asia and The Diplomat
| Eric Newcomer / Newcomer: |
Sources: Lightspeed, whose bets include Wiz, Anthropic, and Stripe, returned $8B from current and active funds in the past five years, with $3B+ coming in 2024 — I've got my hands on slides from Lightspeed's $7 billion fundraising effort — Lightspeed Venture Partners … | Ingrid Lunden / TechCrunch: |
Identity security startup SGNL, which lets enterprises enforce policies in real-time for privileged access to systems, raised a $30M Series A led by Brightmind — Security experts often describe identity as the “new perimeter” in the world of security: in the world of cloud services … | Hugh Son / CNBC: |
Zelle's payment volume crossed $1T in 2024, the most ever for a P2P platform, user base jumped 12% YoY to 151M accounts, and the total dollars sent grew 27% YoY — Zelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in total volumes last year …
LinkedIn: Mike Cahill
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