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Tue Dec 23
As Taiwanese chipmakers push localization to secure supply chains, suppliers to the steel, plastics, and display industries are moving into Taiwan's chip sector (Cheng Ting-Fang/Nikkei Asia)
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A programmer estimates his typical day of coding with Claude Code is equivalent to running the dishwasher an extra time, much more energy than a "median query" (Simon P. Couch)
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Galaxy Digital plans to launch a hedge fund in Q1 2026 investing up to 30% in crypto tokens and the rest in financial stocks; sources say it has raised $100M (Nikou Asgari/Financial Times)
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Bengaluru-based Amagi, an ad tools provider for broadcast and streaming TV, fell below its listing price in its India market debut after raising $196M in an IPO (Jagmeet Singh/TechCrunch)
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Thoma Bravo co-founder Orlando Bravo says the slump in software company valuations over threat of AI-driven disruption is creating a "huge buying opportunity" (Financial Times)
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Payments using facial recognition are growing in South Korea as the tech improves; South Korean fintech app Toss has scaled its "Facepay" service to 1M+ users (Nami Matsuura/Nikkei Asia)
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The Gates Foundation and OpenAI plan to invest $50M to use AI to ease the impact of chronic staff shortages in 1,000 primary health clinics in Africa by 2028 (Financial Times)
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Apple wins dismissal of parts of a class action alleging it violated CA privacy law by collecting user data from its apps despite users believing they opted out (Isaiah Poritz/Bloomberg Law)
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Signal's Meredith Whittaker says deeper integration of AI agents into devices is "perilous" for encryption, since agents need access to lots of data across apps (Shona Ghosh/Bloomberg)
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China's Cyberspace Administration requires firms to file their AI tools in a public algorithm registry, creating a detailed map of the country's AI ecosystem (Yi-Ling Liu/Wired)
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OpenAI says it will cover the costs of developing energy-related infrastructure at its Stargate data centers to ensure they don't raise consumers' utility bills (Bloomberg)
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Barret Zoph says Thinking Machines Lab fired him only after learning he was leaving, and at no time did the company cite his performance or unethical conduct (Wall Street Journal)
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Apple outages affecting multiple services, including Apple TV, the App Store, and iCloud, are now fixed following a nearly four-hour disruption on January 20 (Juli Clover/MacRumors)
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Analysis: the Trump family has generated ~$1.4B from crypto projects since President Trump's inauguration in January 2025, making up ~20% of their fortune (Bloomberg)
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G42 CEO Peng Xiao says AI chip shipments from Nvidia, AMD, and Cerebras are set to arrive in the UAE within the next few months, as the UAE builds a 200MW hub (Bloomberg)
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Sources: Applied Compute, which lets companies customize models with their own data, is in talks to raise funding at a $1.3B valuation, up from $500M in October (The Information)
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The EC introduces draft revisions to the EU's Cybersecurity Act to phase out equipment from high-risk suppliers in critical sectors, a move criticized by Huawei (Foo Yun Chee/Reuters)
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X says it has open sourced its "core recommendation system" on GitHub and that the system "ranks everything using a Grok-based transformer model" (Lucas Ropek/TechCrunch)
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Drone delivery startup Zipline raised $600M+, boosting its valuation to $7.6B, and says it has now completed 2M+ commercial deliveries of 20M different items (Edward Ludlow/Bloomberg)
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Greg Peters says Netflix plans to bring new content types like video podcasts to its vertical video feed, and plans to roll out a new mobile UI later in 2026 (Caitlin Huston/The Hollywood Reporter)
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Demis Hassabis says there aren't "any plans" to put ads in Gemini and, in response to OpenAI testing ads, says "maybe they feel they need to make more revenue" (Alex Heath/Sources)
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A Massachusetts judge grants a preliminary injunction blocking Kalshi from letting state residents bet on sports through its online platform (Nate Raymond/Reuters)
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Snap reaches an agreement to settle a social media addiction lawsuit in California, a week before the start of a trial in the first of several such lawsuits (Cecilia Kang/New York Times)
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Elon Musk and Sam Altman clashed on X after Musk shared a post about a man who committed a murder-suicide following delusional conversations with ChatGPT (Theo Wayt/The Information)
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Netflix's ad revenue hit $1.5B in 2025, up by more than 2.5x vs. 2024, and viewing hours grew 2% YoY in H2, driven by a 9% rise in viewing of branded originals (Dade Hayes/Deadline)
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Netflix reports Q4 revenue up 18% YoY to $12B vs. $11.97B est., 325M paid subs, 2025 revenue up 16% to $45.2B, plans to increase content spend by 10% in 2026 (Lucas Shaw/Bloomberg)
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The US DOJ says at least two DOGE employees accessed Social Security data that was off-limits under a court ruling and shared agency data on third-party servers (April Rubin/Axios)
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The US FTC files a notice to appeal a November 2025 ruling that found Meta did not hold an illegal monopoly by acquiring Instagram and WhatsApp (Jody Godoy/Reuters)
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OpenAI rolls out age prediction on ChatGPT globally to identify users under 18 and apply automatic content protections as it prepares to introduce adult content (Juby Babu/Reuters)
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Filings from Elon Musk's OpenAI lawsuit detail Microsoft's decade-long OpenAI relationship, like establishing a new subsidiary for Sam Altman while he was fired (Todd Bishop/GeekWire)
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xAI co-founder Greg Yang says he is stepping back from the startup into an informal advisory role to focus on his health after being diagnosed with Lyme disease (Carmen Arroyo/Bloomberg)
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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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