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  • Tue Dec 23

Sources: AI inference startup Baseten raised $300M led by IVP and CapitalG at a $5B valuation, more than doubling its previous valuation; Nvidia invested $150M (Kate Clark/Wall Street Journal)

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OpenAI and ServiceNow sign a three-year deal to integrate OpenAI's models into ServiceNow's business software, including using OpenAI's AI agents for IT tasks (Belle Lin/Wall Street Journal)

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World Economic Forum panel: Palantir CEO Alex Karp says AI-driven job displacement will "make it hard to imagine why we should have large-scale immigration" (Shona Ghosh/Bloomberg)

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Netflix adds a real-time voting feature with the premiere of its Star Search reboot, available on mobile, smart TVs, and streaming devices, but not in a browser (Ivan Mehta/TechCrunch)

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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 in 2025 was a "massive overreaction" (Bloomberg)

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The World Economic Forum in Davos is now dominated by tech giants, whose interests shunt aside topics like climate change, as Trump and AI take center stage (Peter S. Goodman/New York Times)

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Setapp Mobile, one of the first alt iOS app stores launched in 2024 after the EU's DMA, plans to shut down, blaming "still-evolving and complex business terms" (Tim Hardwick/MacRumors)

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Ethernovia, which builds automotive ethernet chips and software, raised a $90M+ Series B led by Maverick Silicon (Duncan Riley/SiliconANGLE)

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Substack challenger Beehiiv expects to nearly double its annual revenue to $50M in 2026; it now has over 40,000 MAUs, including nearly 15,000 paying subscribers (Jaspreet Singh/Reuters)

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Ukraine says it plans to share nearly four years of combat data, including millions of hours of drone footage, with allies to help train AI models (Max Hunder/Reuters)

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Filings: Michael Saylor's Strategy has bought more than $3B in Bitcoin since January 5, marking its biggest two-week purchase since December 2024 (Melos Ambaye/Bloomberg)

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Legal AI startup Ivo, which aims to reduce hallucinations by breaking legal reviews into 400+ tasks, raised a $55M Series B, a source says at a $355M valuation (Aditya Soni/Reuters)

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Nielsen: Christmas Day 2025 set a record for US streaming usage with 55.1B minutes, or 54% of all TV viewing for the day, up by 3.9B minutes on Christmas 2024 (Rick Porter/The Hollywood Reporter)

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Portugal orders Polymarket to stop operations and blocks it in the country after heavy activity tied to its recent presidential election, with €110M+ in volume (Naga Avan-Nomayo/The Block)

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Anthropic CEO Dario Amodei says selling AI chips to China is like "selling nuclear weapons to North Korea" and has "incredible national security implications" (Christina Kyriasoglou/Bloomberg)

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Humans&, founded by ex-Anthropic, xAI, and Google staff to build collaborative AI, raised a $480M seed from Nvidia, Jeff Bezos, and others at a $4.48B valuation (Cade Metz/New York Times)

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Sensor Tower: Reels accounted for 50%+ of all Instagram ads in 2025, up from 35% in 2024; Reels accounted for 46% of time spent on Instagram in the US in 2025 (Zach Vallese/CNBC)

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How Zynga uses a secretive VIP program with personal account managers and exclusive sweepstake entries to keep top players spending on games like FarmVille (Michael Thomsen/New York Times)

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Netflix and WBD say Netflix revised its WBD offer to an all-cash deal for $27.75/share, with the same $82.7B value; its original bid had $59B in debt financing (Brian Stelter/CNN)

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Vibe coding startup Emergent raised a $70M Series B led by Khosla and SoftBank Vision Fund 2, after a $23M Series A in September 2025, and claims 5M+ users (Ben Bergman/Business Insider)

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Meta VP of Public Policy Simon Milner, the company's most senior Asia-Pacific policy executive, plans to leave after 14 years to retire from full-time work (Newley Purnell/Bloomberg)

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Sources: Baidu's Ernie Assistant passes 200M MAUs, as competition intensifies among Chinese tech giants in AI; Ernie is linked to apps like JD.com and Meituan (Jiahui Huang/Wall Street Journal)

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Sources: UK and Chinese security officials set up a forum to discuss cyberattacks after hacking accusations, the first of its kind, to help prevent escalation (Alex Wickham/Bloomberg)

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Sony and TCL sign a non-binding agreement to spin off Sony's TV and home audio hardware business into a new joint venture, aiming to finalize the deal by March (Jess Weatherbed/The Verge)

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Sources: China broadens its probe into Temu owner PDD, dispatching 100+ investigators to its Shanghai HQ, after staff exchanged physical blows with regulators (John Liu/Bloomberg)

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PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which improves e-commerce UX; Everstone bought Wingify for $200M (Jagmeet Singh/TechCrunch)

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French accounting software startup Pennylane raised $204M led by TCV, a source says at a ~$4.25B valuation, with participation from Blackstone, DST, and others (Yazhou Sun/Bloomberg)

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A look at South Korea's Independent AI Foundation Model competition, which aims to find the best homegrown AI models, in a bid to compete with the US and China (Yoolim Lee/Bloomberg)

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Sources: ByteDance boosts its cloud via more sales hires and lower prices; IDC: ByteDance had 13% of China's AI cloud market in H1 2025, behind Alibaba's 23% (Eleanor Olcott/Financial Times)

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Pune-based supply chain robotics startup Unbox Robotics raised a $28M Series B in a mix of primary and secondary capital, after raising $15M in earlier rounds (Anjali Jain/Inc42)

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xAI faces a growing outcry from global regulators over Grok's generation of nonconsensual explicit photos, but has faced little regulatory action in the US (Kurt Wagner/Bloomberg)

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Anthropic details the "Assistant Axis", a pattern of neural activity in language models that governs their default identity and helpful behavior (Anthropic)

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The UK Treasury committee says the government and Bank of England's "wait-and-see approach" to AI risks in the financial sector poses "serious harm" to the UK (Kalyeena Makortoff/The Guardian)

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Cursor's recent experiment involved running hundreds of AI agents for nearly a week to build a web browser, writing 1M+ lines of code across 1,000 files (Simon Willison/Simon Willison's Weblog)

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The UK launches a consultation on whether to ban under-16s from using social media, alongside restrictions on addictive app features like infinite scrolling (Kiran Stacey/The Guardian)

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Q&A with Razer CEO Min-Liang Tan on the use of AI in game development, the gaming community's pushback against AI, partnering with Grok, and more (Nilay Patel/The Verge)

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Anthropic's Claude Cowork launch revives investor fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley's SaaS index is down 15% YTD (Ryan Vlastelica/Bloomberg)

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The UK government plans to take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

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Sources: Seoul-based AI chip designer FuriosaAI seeks to raise a $300M to $500M Series D to fund mass production of its second-gen RNGD chip and eyes a 2027 IPO (Yoolim Lee/Bloomberg)

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The UK Gambling Commission says Meta is letting illegal gambling sites advertise on Facebook and Instagram, calling its ad library a "window into criminality" (Olivia Solon/Bloomberg)

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OpenAI executive Chris Lehane says the startup is "on track" to unveil its first device in H2 2026; reports suggest it won't have a screen and may be a wearable (Axios)

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Taiwanese media: Asus Chair Jonney Shih says the company won't release any new smartphones in 2026, which may signal the brand's exit from the Android market (James Peckham/PCMag)

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Sources: internal Google data shows Gemini API calls surged from ~35B in March 2025 to ~85B in August 2025; Google says Gemini Enterprise has hit 8M subscribers (Erin Woo/The Information)

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The NYSE plans to use its tech that matches buyers and sellers, plus blockchain networks, to facilitate the real-time trading of tokenized securities in 2026 (Katherine Doherty/Bloomberg)

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How a16z found success with 2024's $1.25B AI infrastructure fund, focusing on early funding and the largest investments at ~$60M, as it expands the fund to $3B (Bloomberg)

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Sources: Microsoft is preparing to launch a session-based ad-supported Xbox Cloud Gaming tier in 2026; users note Xbox Cloud Gaming now references "ad support" (Jez Corden/Windows Central)

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Source: Elon Musk donates $10M to boost pro-Trump Senate candidate Nate Morris, who is seeking to replace Mitch McConnell, in Musk's largest-yet Senate donation (Alex Isenstadt/Axios)

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The IMF says the "surprisingly resilient" global economy is at risk of a sharp AI boom reversal, but "the levels of market frothiness" are below the dotcom bust (Financial Times)

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Bitcoin fell 3.6% to under $92K, ether fell 4.9%, and solana fell 8.6%, wiping ~$100B from crypto's total value, after Trump proposed a new 10% European tariff (Suvashree Ghosh/Bloomberg)

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Q&A with FedEx CEO Raj Subramaniam, only the second CEO in the company's history, on humanoid robots, automation, AI, drones, US-China trade tensions, and more (Jordyn Holman/New York Times)

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Entries updated Jan 23, 2026 11:25:39 AM PST

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