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Tue Feb 24
US memory chip stocks lost ~$100B in market value this week, led by Micron's 15% drop, after Google Research detailed its TurboQuant compression algorithm (Financial Times)
53m
T
Filing: Kalshi has secured a license allowing it to offer margin trading to users, which would make the platform more appealing to institutional investors (Bloomberg)
1h
T
The Trump administration launches the White House app, promising news "straight from the source, no filter", with news, live, social, and gallery sections (Emily Goodin/New York Post)
2h
T
The FBI confirms Iran-linked Handala breached Kash Patel's personal email but says the data accessed was "historical in nature" and involves no government info (TechCrunch)
2h
T
Sources: Google nears a deal to help finance Nexus Data Centers' Texas campus that is leased to Anthropic, as Google deepens its partnership with the company (Financial Times)
3h
T
China's broadening Manus review raises doubts about the "Singapore-washing" model; sources: Meta moved 100+ Manus employees to Singapore in early March (Anniek Bao/CNBC)
3h
T
Microsoft will lease Crusoe's 900 MW data center in Abilene, Texas, after Oracle and OpenAI reportedly withdrew, with the first building expected by mid-2027 (Matt Day/Bloomberg)
4h
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Iran-linked hacker group Handala Hack Team claims the breach of FBI Director Kash Patel's personal email and publishes some documents online (Reuters)
5h
T
Meta agrees to fund Entergy Louisiana's new energy infrastructure for its Louisiana data center, including seven natural gas power plants (Nicholas G. Miller/Wall Street Journal)
5h
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Sources: Aetherflux, founded by Robinhood co-founder Baiju Bhatt to develop orbital data centers, aims to raise $250M to $300M in a Series B at a $2B valuation (Wall Street Journal)
6h
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Anthropic says it's testing an AI model that's a "step change" in performance after a draft blog in an unsecured data store revealed the Claude Mythos model (Beatrice Nolan/Fortune)
7h
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OpenAI launches Codex plugins to standardize repeatable AI workflows, with 20+ initial integrations such as Figma, Notion, Gmail, and Slack (David Gewirtz/ZDNET)
7h
T
Sony plans to raise PlayStation 5 prices globally, starting April 2; PS5 and PS5 Digital will rise by $100 to $650 and $600; PS5 Pro will rise by $150 to $900 (Emma Roth/The Verge)
8h
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Unity plans to shut down its ironSource advertising network on April 30 and has begun the process of divesting Supersonic, its casual game publishing arm (Sophie Shulman/CTech)
8h
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SoftBank says it has secured a $40B bridge loan maturing in 2027 from JPMorgan Chase, Goldman Sachs, and other banks, to fund further investment in OpenAI (Akash Sriram/Reuters)
10h
T
Sources: Alibaba and ByteDance plan to order Huawei's new 950PR AI chip after tests show better CUDA compatibility; Huawei targets ~750K 950PR shipments in 2026 (Reuters)
11h
T
Sources: Moonshot AI may scrap its Cayman structure for a China or Hong Kong entity to prepare for a Hong Kong IPO and plans to raise funding at ~$18B valuation (Wall Street Journal)
14h
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Meta's Oversight Board says Community Notes aren't a proper substitute for fact checking, and warns expanding them beyond the US could pose human rights risks (Andrew Deck/Nieman Lab)
15h
T
Tazapay, which builds cross-border payment infrastructure for fintech and web3 firms, says it closed a Series B extension, bringing its total Series B to $36M (Zoltan Vardai/Cointelegraph)
17h
T
Steno, which offers an AI-powered case transcript analysis tool for legal professionals, raised a $49M Series C led by Savano Capital Partners (Kyt Dotson/SiliconANGLE)
17h
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Miami-based telehealth company eMed raised a $200M Series A at a $2B+ valuation to advance its agentic AI platform and more; Tom Brady participated in the round (Sneha S K/Reuters)
17h
T
Senior Trump officials say SMIC has been sending chipmaking tools to Iran for about a year; the US has sanctioned the company over alleged Chinese military ties (Reuters)
18h
T
NY-based Blossom Health, which makes an "AI copilot" to augment psychiatrists' clinical decisions and automate office tasks, raised $20M in seed and Series A (Lily Mae Lazarus/Fortune)
18h
T
Sources: SpaceX's IPO plans include investor visits to its sites, unusual lockup periods, and preferential treatment for investors in Musk's other companies (Wall Street Journal)
19h
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Source: Elon Musk is discussing allocating as much as 30% of SpaceX's IPO to individual investors, at least three times the usual retail slice (Reuters)
20h
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Q&A with New Mexico AG Raúl Torrez about the New Mexico and LA social media trials, Big Tech's "Big Tobacco" moment, what it means for Congress, and more (Tyler Katzenberger/Politico)
20h
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Source: Thrive Holdings has landed $1B in commitments for a new fundraising deal and is considering raising at least another $1B after strong investor interest (Bloomberg)
20h
T
A US judge grants Anthropic's request for a preliminary injunction in its suit against the Trump administration over the DOD's decision to blacklist the company (Ashley Capoot/CNBC)
21h
T
In an interview, David Sacks says he has relinquished his role as AI and crypto czar after using up his time as a special government employee (Bloomberg)
22h
T
Sources: Anthropic executives have discussed an IPO as soon as Q4, and bankers vying to take the company public expect it to raise more than $60B (The Information)
22h
T
OpenAI has surpassed $100M in annualized revenue from ChatGPT ads, has expanded to 600+ advertisers, and plans to launch self-serve advertiser access in April (Stephanie Palazzolo/The Information)
23h
T
Google releases new tools for its Gemini AI assistant that let users upload chat history and context from other AI apps, making it easier to switch from them (Natalie Lung/Bloomberg)
23h
T
Apple discontinues the Mac Pro and says it has no plans to offer future Mac Pro hardware (Chance Miller/9to5Mac)
23h
T
Sources: Apple granted out-of-cycle bonuses worth several hundred thousand dollars to iPhone hardware designers, as OpenAI and others poach its engineers (Mark Gurman/Bloomberg)
1d
T
X limits X Pro access to subscribers of the $40/month Premium+ plan without notifying users in advance; it was previously available in the $8/month Premium plan (Juli Clover/MacRumors)
1d
T
Xona, which aims to build a commercial alternative to GPS by launching a low-Earth orbit satellite constellation, raised a $170M Series C (Sandra Erwin/SpaceNews)
1d
T
Meta plans to increase its investment in a data center in El Paso, Texas, to more than $10B, a significant rise from the initial $1.5B commitment (Riley Griffin/Bloomberg)
1d
T
Netflix raises US prices following a January 2025 hike; standard with ads rises $1 to $8.99/month; standard with no ads and premium rise $2 to $19.99 and $26.99 (Todd Spangler/Variety)
1d
T
Sources: X let go of 20+ staffers in nontechnical roles ahead of a SpaceX IPO; X staff have been told to focus on growing revenue since xAI brought on a CRO (Wall Street Journal)
1d
T
Italy-based Subbyx, which builds infrastructure that lets businesses offer access-based subscriptions, raised a €30M Series A (Tamara Djurickovic/Tech.eu)
1d
T
Fannie Mae will accept crypto-backed mortgages for the first time; Coinbase launches a mortgage product allowing buyers to pledge bitcoin or USDC as collateral (Wall Street Journal)
1d
T
Sources: Apple plans to open up Siri to run any AI service via App Store apps in iOS 27, dropping ChatGPT as exclusive partner in Apple Intelligence and Siri (Mark Gurman/Bloomberg)
1d
T
The China Computer Federation calls for a boycott of AI conference NeurIPS after organizers barred submissions from US-sanctioned companies like Huawei (Vincent Chow/South China Morning Post)
1d
T
Google expands Search Live, its AI conversational search feature previously limited to the US and India, to all languages and regions where AI Mode is available (Aisha Malik/TechCrunch)
1d
T
Meta stock fell 8% on Thursday after juries in two US trials found the company failed to adequately warn or protect young users (Reuters)
1d
T
Cohere launches Transcribe, its first voice model; the 2B-parameter, open-source speech recognition model handles tasks like notetaking and speech analysis (Ivan Mehta/TechCrunch)
1d
T
The US FCC opens a comment period for a proposal to help return outsourced call center jobs to the US; critics say the plan could drive companies to automation (Patience Haggin/Wall Street Journal)
1d
T
ByteDance launches its Dreamina Seedance 2.0 audio and video model in its CapCut editing platform, supporting clips up to 15 seconds across six aspect ratios (Sarah Perez/TechCrunch)
1d
T
A US federal judge dismisses X's antitrust lawsuit that accused the World Federation of Advertisers and a group of major companies of illegally boycotting X (Mike Scarcella/Reuters)
1d
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Google launches Gemini 3.1 Flash Live, an audio model with improved tonal understanding and lower latency for real-time dialogue, watermarked with SynthID (Valeria Wu/The Keyword)
1d
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