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  • Wed Dec 17

Bengaluru-based edtech startup Emversity raised a $30M Series A led by Premji Invest, sources say at a $120M post-money valuation, up from $60M in April 2025 (Jagmeet Singh/TechCrunch)

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Alibaba links Qwen to its online shopping and travel services, including Taobao, Alipay, Fliggy, and Amap, aiming to build a one-stop AI app for its 100M users (Luz Ding/Bloomberg)

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CoinDesk data: Binance's spot crypto trading market share fell to 25% in December 2025, its lowest since 2021, and it is losing ground in derivatives trading (Sidhartha Shukla/Bloomberg)

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Project Eleven, which builds tools to prepare blockchains for post-quantum threats, raised a $20M Series A led by Castle Island at a $120M post-money valuation (Yogita Khatri/The Block)

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Thinking Machines parts ways with CTO Barret Zoph, with Soumith Chintala taking over the role; sources say the termination is due to "unethical conduct" (Kylie Robison/@kyliebytes)

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Fidji Simo says Barret Zoph, Luke Metz, and Sam Schoenholz are returning to OpenAI from Thinking Machines and the move "has been in the works for several weeks" (Fidji Simo/@fidjissimo)

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BREAKING: Thinking Machines has terminated its CTO, Barrett Zoph, due to unethical conduct according to two sources familiar with the matter. CEO Mira Murati announced the news at an all-hands with employees today. Soumith Chintala will be taking over as CTO. (Kylie Robison/@kyliebytes)

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X updates Grok to prevent the "editing of images of real people in revealing clothing such as bikinis" and geoblocks it for all users "where it's illegal" (Karissa Bell/Engadget)

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Coinbase pulls support from the US Senate's crypto market structure bill ahead of a key vote; CEO Brian Armstrong says there are "too many issues" with the bill (Nikhilesh De/CoinDesk)

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YouTube now lets parents set time limits on their kids' YouTube Shorts feed, ranging from 15 minutes to two hours, with an option for zero minutes coming soon (Stevie Bonifield/The Verge)

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Trump signs an order to impose a 25% tariff on chips "transshipped through the United States to other foreign countries", as part of the Nvidia H200 deal (Josh Wingrove/Bloomberg)

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UK PM Keir Starmer says X indicated to government officials it was acting to comply with UK laws by restricting the generation of non-consensual sexual images (Financial Times)

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Novee, which utilizes proprietary AI models to perform automated penetration testing, emerges from stealth with a $43M Series A and an $8.5M seed (Chris Metinko/Axios)

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PJM trims summer 2027 peak demand forecast to ~160 GW from ~164 GW because some projects, including data centers, lack firm service or construction commitments (Naureen S Malik/Bloomberg)

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OpenAI strikes a multibillion-dollar agreement to buy 750 MW of computing capacity from Cerebras over three years; sources: the deal is worth more than $10B (Wall Street Journal)

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Bitchat, a P2P messaging app launched by Jack Dorsey, has emerged as a key lifeline for people in Uganda and Iran facing government-imposed internet shutdowns (Reuters)

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Digg, rebooted under original founder Kevin Rose and Alexis Ohanian, launches its open beta; the site had been open to 67,000 users on an invite-only basis (Sarah Perez/TechCrunch)

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2026 may be the year of the mega IPO, as sources say Anthropic, OpenAI, and SpaceX took early steps to go public, setting up a watershed moment for the AI boom (New York Times)

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Verizon says it is "aware of an issue impacting wireless voice and data services for some customers", as thousands of users report no cellular reception (Jacob Krol/TechRadar)

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California AG Rob Bonta opens an investigation into xAI over the proliferation of nonconsensual, sexualized images generated by Grok, and urges xAI to act (Politico)

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Elon Musk claims he's "not aware of any naked underage images generated by Grok" and that Grok's operating principle is to "obey the laws of any given country" (Raphael Satter/Reuters)

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Elon Musk claims he's "not aware of any naked underage images generated by Grok" and that Grok's operating principle is to "obey the laws of any given country" (Reuters)

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Depthfirst, which provides AI tools for codebase scanning, credential exposure protection, and threat monitoring, raised a $40M Series A led by Accel Partners (Lucas Ropek/TechCrunch)

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Google launches Personal Intelligence, a Gemini feature that links to Gmail, Google Photos, Search, and YouTube history to tailor answers, for paid subscribers (Sabrina Ortiz/ZDNET)

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Sources: the Trump administration is weighing a substantial shift in its cyberstrategy, including by enlisting private companies to assist with cyberattacks (Adam Sella/New York Times)

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Dutch court hearing: Nexperia claims Chinese owner Wingtech pushed for tech transfers out of Europe and threatened execs; Wingtech attacks Nexperia's management (Bloomberg)

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Belgium-based Aikido Security, which offers automated security guardrails for developers, raised a $60M Series B led by DST Global at a $1B valuation (Supantha Mukherjee/Reuters)

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Source: Microsoft has become one of Anthropic's top clients and was recently on pace to spend nearly $500M/year for Anthropic's AI to power Microsoft products (The Information)

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Tel Aviv- and Boston-based IO River, which helps companies manage multiple CDN and edge networks, raised a $20M Series A led by Venture Guides and New Era (Chris Metinko/Axios)

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UK police say they banned Maccabi Tel Aviv fans from a soccer match in 2025 after Copilot hallucinated a fake West Ham-Maccabi match in an intelligence report (Tom Warren/The Verge)

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Pittsburgh-based Skild AI, which makes robotics foundation models, raised a $1.4B Series C at a $14B+ valuation, up from ~$4.5B in June 2025 (Samantha Kelly/Bloomberg)

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Airbnb hires Meta executive Ahmad Al-Dahle, who led the generative AI and Llama team after working at Apple, as its CTO, as it aims to add more AI to its app (Natalie Lung/Bloomberg)

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Polymarket is hosting a growing number of contracts tied to military conflicts, including China invading Taiwan; possible US strikes in Iran has $18M+ in trades (Denitsa Tsekova/Bloomberg)

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Sources: McKinsey pilots an overhaul in how it recruits its next generation, asking candidates to use its AI tool Lilli to analyze a case study during a test (Financial Times)

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Alpaca, which builds software to let companies offer stocks, ETFs, and other financial instruments, raised a $150M Series D led by Drive at a $1.15B valuation (Ben Weiss/Fortune)

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Sources: Chinese chip designer Montage, a Shanghai-listed company valued at $22B, plans a Hong Kong IPO that could raise $900M+, backed by Alibaba and JPMorgan (Dave Sebastian/Bloomberg)

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Sources: Chinese authorities told domestic companies to stop using cybersecurity software made by ~12 US and Israeli companies due to national security concerns (Reuters)

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How Ireland, an early data center winner, missed out on much of the current AI boom, hampered by creaking infrastructure and a strained electricity grid (Bloomberg)

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Ahead of WEF 2026, the IMF urges governments to step up support for young workers displaced by AI, arguing candidates could use AI "rather than compete with it" (Delphine Strauss/Financial Times)

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China's market regulator says it is investigating Trip.com, the country's largest online travel agency, over alleged antitrust conduct, without offering details (Bloomberg)

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US Big Tech companies have been on an energy-related hiring spree; Workforce.AI says Microsoft has hired 570+ people with energy-related expertise since 2022 (Tasmin Lockwood/CNBC)

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UK satellite company Open Cosmos wins a highly contested Ka-band spectrum license, used for high-speed internet, beating companies backed by Peter Thiel (Josh Gabert-Doyon/Financial Times)

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In South Korea's competition to develop an indigenous AI model, three of the five finalists used foreign open-source code, which they argue is practical (Jiyoung Sohn/Wall Street Journal)

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Highlights from IEDM 2025: 3D NAND is suddenly relevant again, interconnect metals beyond copper are emerging, 2D materials that could replace silicon, and more (SemiAnalysis)

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The UK government drops plans for mandatory digital IDs to work in the country, marking a reversal from when the UK first announced the policy in September 2025 (BBC)

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An interview with IMG President Adam Kelly on streaming platforms' increasing share of sports media rights, live sports as an antidote to AI content, and more (Josh Noble/Financial Times)

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Q&A with Reid Hoffman on wanting Silicon Valley to speak out against the Trump administration, AI regulation, the role of AI in art and creativity, and more (Katie Drummond/Wired)

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Analysis: DeepSeek's hedge fund parent High-Flyer posted 56.6% average returns across its quant funds in 2025, boosting potential cash available for DeepSeek (Bloomberg)

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India lacks specific policies or zoning regulations for overseeing quick commerce dark stores, which are projected to hit 5,000 to 5,500 by FY2026 end, per HSBC (The Economic Times)

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Elon Musk says Tesla will stop selling FSD after February 14 and will offer it only as a monthly subscription; FSD is already available for $99 per month (Danny Lee/Bloomberg)

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Entries updated Jan 17, 2026 09:10:19 AM PST

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