Alphabet agrees to acquire data center company Intersect for $4.75B in cash, plus its existing debt, as part of its push to expand its AI data center footprint  —  Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt …

Italy's competition watchdog fines Apple €98.6M, saying the company's ATT rules are “disproportionate” and “harmful” to app developers and advertisers  —  Italy's Competition Authority (AGCM) has imposed a €98.6 million ($116 million) fine on Apple over its App Tracking Transparency feature.

Coinbase agrees to acquire prediction markets startup The Clearing Company for an undisclosed sum; the startup was founded in 2025 and raised a $15M seed  —  Partner offers  —  Quick Take  — Coinbase has agreed to acquire The Clearing Company, a prediction markets startup …

Chinese AI startup Z.ai releases GLM-4.7, an open-weight model that Z.ai says delivers significant improvements in coding performance compared to GLM-4.6  —  - Core Coding: GLM-4.7 brings clear gains, compared to its predecessor GLM-4.6, in multilingual agentic coding and terminal-based tasks …

OpenAI rolls out Your Year with ChatGPT, a Spotify Wrapped-like feature, to Free, Plus, and Pro users in the US, the UK, Canada, Australia, and New Zealand  —  ChatGPT is releasing its own version of Spotify Wrapped.  That is, the OpenAI-owned chatbot is now rolling out an annual review feature called …

OpenAI details efforts to secure its ChatGPT Atlas browser against prompt injection attacks, including building an “LLM-based automated attacker”  —  Even as OpenAI works to harden its Atlas AI browser against cyberattacks, the company admits that prompt injections …

The Pentagon partners with xAI to embed the company's frontier AI systems, based on the Grok family of models, directly into GenAI.mil as soon as early 2026  —  Grok will be deployed across systems serving 3 million military and civilian personnel by early 2026

Instacart scraps all item price tests after customer pushback, and won't charge different prices for the same items bought from the same store at the same time  —  Company says retailers will no longer be able to use Eversight technology to run item price tests on Instacart

Vince Zampella, head of EA-owned Respawn Entertainment, former CEO of Infinity Ward, and co-creator of Call of Duty, died Sunday at 55 in a single-car crash  —  What to Know  — Prolific video game designer Vince Zampella and a passenger were killed in a crash Sunday on Angeles Crest Highway in the mountains north of Los Angeles.

Sources: Nvidia plans to begin shipping its H200 chips to China before mid-February 2026 and expects initial shipments to be ~40,000 to 80,000 H200 units  —  Nvidia (NVDA.O) has told Chinese clients it aims to start shipping its second-most powerful AI chips to China before the Lunar …

Uber and Lyft partner with Baidu to trial driverless taxis in the UK in 2026; both companies plan to use Baidu's Apollo Go RT6 robotaxis  —  Uber Technologies Inc. and Lyft Inc. are each teaming up with Baidu Inc. to trial driverless taxis in the UK, as ride-sharing companies race to deploy autonomous services around the world.

Sources: Erebor, Palmer Luckey's digital bank, raised $350M led by Lux Capital at a $4.35B post-money valuation; it secured FDIC approval last week  —  Erebor, a new digital bank co-founded by Anduril CEO Palmer Luckey, has quietly raised $350 million at a $4.35 billion post-money valuation, Axios has learned.

The US FCC bans imports, marketing, and sales of new foreign-made drones and components, including from China's DJI and Autel, citing national security concerns  —  American customers hoarding products in anticipation of restrictions against popular Chinese manufacturer DJI and a smaller competitor, Autel Robotics

Sources: ByteDance has made preliminary plans to spend ¥160B, or ~$23B, in AI capex in 2026, up from ¥150B in 2025, and has budgeted ~$12.07B for AI processors  —  TikTok's Chinese owner set to increase capital expenditure next year in effort to further build AI infrastructure

Filings: Chinese AI startups Zhipu and MiniMax report 2024 revenue of $44.4M and $30.5M, respectively, as both prepare for Hong Kong IPOs in the coming weeks  —  Chinese OpenAI contenders MiniMax and Zhipu AI offered the first look into their business models and profit prospects in listing filings …