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Fri Dec 26
How Google, Huawei, Microsoft, and Nvidia, as well as startups and university research teams, spent millions of dollars to develop AI weather forecasting tools (Tim Fernholz/Bloomberg)
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Cate Blanchett, Cyndi Lauper, and 800+ creatives launch "Stealing Isn't Innovation" to protest unauthorized AI training, backed by RIAA, SAG-AFTRA, and others (Mia Sato/The Verge)
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An analysis of 5,290 AI research papers at NeurIPS: 141, or ~3%, had US-China AI lab collaboration, vs. 134/4,497 in 2024; Llama featured in 106 Chinese papers (Will Knight/Wired)
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Israeli startup Claroty, which makes security tech for hospitals, manufacturing, and industrial systems, raised a $150M Series F, sources say at a $3B valuation (Meir Orbach/CTech)
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South Korea enacts the AI Basic Act, which it says includes the world's first comprehensive set of laws regulating AI, as startups warn of compliance burdens (Kyu-Seok Shim/Reuters)
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Filing: PhonePe reports H1 FY 2026 revenue up 22% YoY to ~$427.5M, a ~$157M loss, and 657.6M users; the payments company plans to sell 50.7M shares in its IPO (Rajesh Mascarenhas/Bloomberg)
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South Korea's Kospi stock index breaks through the record 5,000 level, driven by chip stocks, led by Samsung, up ~3X, and SK Hynix, up ~4x, in the past year (Daniel Tudor/Financial Times)
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Q&A with recently departed OpenAI VP of Research Jerry Tworek, who claims OpenAI's shift toward more conservative ways made high-risk, pioneering work harder (Core Memory)
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A look at the entry-level hiring squeeze in marketing, communications, and customer service as executives increasingly argue AI can absorb much of the workload (Anjli Raval/Financial Times)
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Survey: over 40% of executives said AI saved them more than eight hours per week, while two-thirds of non-management staff said they saved less than two hours (Lindsay Ellis/Wall Street Journal)
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Sources: the US Senate's crypto market structure bill is likely to be delayed by several weeks as key lawmakers shift focus to potential housing legislation (Bloomberg)
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A year after the DeepSeek shock following R1's release, US tech companies still lead in AI chips, model quality, and sales, with no change in investment trends (Chris Miller/Barron's Online)
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German exchange operator Deutsche Boerse agrees to acquire European fund distribution platform Allfunds for about $6.2B in cash and stock (Bloomberg)
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Japanese NAND flash maker Kioxia's stock is up ~800% over the past 12 months, as AI demand and constrained NAND flash supply boost the chipmaker's pricing power (Financial Times)
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The US House Committee on Foreign Affairs approves a bipartisan bill that calls for arms-sale style congressional oversight of advanced AI chip exports (Bloomberg)
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Sources: Anthropic projected a 40% gross margin from selling AI to companies and devs in 2025, down from earlier estimates of 50% due to higher inference costs (Sri Muppidi/The Information)
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Deepinder Goyal, CEO of Indian online food delivery service Zomato and its parent Eternal, steps down and will be succeeded by Blinkit CEO Albinder Dhindsa (Jagmeet Singh/TechCrunch)
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BitGo raises $212.8M in its US IPO, selling ~11.7M shares at $18 each, above the $15 to $17 range, giving it a ~$2.1B market value, in 2026's first crypto IPO (Bloomberg)
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xAI engineer Sulaiman Ghori says he has "left" the company after appearing on a podcast last week where he claimed that xAI had been skirting regulations (AJ Dellinger/Gizmodo)
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Marketing tech startup Applecart raised $100M in a minority funding round led by Blackstone's growth equity business, a source says at a ~$700M valuation (Myles Miller/Bloomberg)
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X unveils Bluesky-like "Starterpacks" to help users find accounts that match their interests, curated by X and rolling out in the coming weeks (Sarah Perez/TechCrunch)
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Vimeo is laying off staff for the second time since September 2025, when it cut 10% of its workforce; Bending Spoons acquired Vimeo for about $1.38B in November (Business Insider)
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Sources: Sam Altman has been meeting with top investors in the Middle East, looking to raise at least $50B for OpenAI at a valuation of about $750B to $830B (Bloomberg)
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Memo: Barret Zoph, the Thinking Machines Lab cofounder who rejoined OpenAI last week, will lead OpenAI's enterprise push, as part of a broader reorganization (The Information)
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Unsealed docs: Spotify and labels sued Anna's Archive over plans to release scraped Spotify data; a US court grants a temporary order taking down some domains (Ernesto Van der Sar/TorrentFreak)
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Blue Origin unveils TeraWave, a satellite communications network for enterprise, data center, and government customers, and plans to begin deployment in Q4 2027 (Annie Palmer/CNBC)
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Neynar, a startup focused on decentralized social media infrastructure, is acquiring Ethereum-based social media project Farcaster from R&D firm Merkle (Daniel Kuhn/The Block)
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Sources: AI chip startup SambaNova is seeking to raise $300M to $500M after talks to sell the company to Intel for about $1.6B, including debt, stalled (Bloomberg)
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Sources: Apple is developing an AirTag-sized AI wearable pin with cameras, a speaker, microphones, and wireless charging that could be released as early as 2027 (The Information)
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Sources: Apple plans to revamp Siri this fall in iOS 27 and macOS 27 by turning it into the company's first AI chatbot, replacing the current Siri interface (Mark Gurman/Bloomberg)
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A Canadian federal court overturned a 2024 order that would have shuttered TikTok Canada's business operations over national security concerns (Mickey Djuric/Politico)
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Sources: Anthropic's revenue run rate hit $9B+ at the end of 2025, up from $4B in July 2025; Iconiq, Lightspeed, and Menlo are set to join its new funding round (Bloomberg)
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ElevenLabs launches an album of original tracks made by artists like Liza Minnelli and Art Garfunkel in "collaboration" with its Eleven Music AI model (Todd Spangler/Variety)
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Ubisoft cancels six games and delays others amid a restructuring into five genre-specific "creative houses"; it expects net bookings of ~€1.5B for FY 2025-2026 (Benoit Berthelot/Bloomberg)
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Anthropic overhauls Claude's "constitution" to enable the AI model to generalize and apply broad principles rather than mechanically follow specific rules (Beatrice Nolan/Fortune)
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Meta plans to expand ads on Threads to all users globally starting next week; Threads began testing ads in the US and Japan a year ago (Sarah Perez/TechCrunch)
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Sony launches the $230 LinkBuds Clip, open-style earbuds that sit outside the ear canal, with IPX4 water resistance and a 9-hour battery life, available now (Chris Welch/Bloomberg)
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AheadComputing, which develops a breakthrough RISC-V CPU architecture for AI, raised a $30M Seed2 led by Eclipse, Toyota, and Cambium, for $53M in total funding (Kyt Dotson/SiliconANGLE)
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Adobe updates Acrobat to add new AI features, including presentation generation, file editing, and creating podcast summaries from docs stored in Adobe Spaces (Ivan Mehta/TechCrunch)
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Upscale AI, which is building AI networking infrastructure to take on Cisco, raised $200M led by Tiger, Premji Invest, and Xora Innovation at a $1B+ valuation (Dina Bass/Bloomberg)
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Sources: Elon Musk is pushing for a SpaceX IPO by July, seems eager to beat OpenAI and Anthropic to market, and views it as a way to help xAI catch its rivals (Wall Street Journal)
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YouTube CEO Neal Mohan says creators will be able to generate Shorts using their AI likenesses later in 2026, and touts AI tools for making games and music (Jay Peters/The Verge)
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YouTube CEO Neal Mohan publishes his annual letter, saying YouTube aims to reduce "AI slop" and has strengthened parental controls, and teases Shorts updates (Alex Weprin/The Hollywood Reporter)
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European VC funding rose 9% YoY to hit $58B in 2025, vs. North America's 46% YoY jump; AI led with ~$17.5B, followed by biotech's ~$13.4B and hardware's ~$10.8B (Gené Teare/Crunchbase News)
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Jensen Huang says that AI is already bringing economic benefits and needs more investment, and "the AI bubble comes about because the investments are large" (Mauro Orru/Wall Street Journal)
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OpenEvidence, which is building "ChatGPT for doctors", raised $250M led by Thrive and DST at a $12B valuation, up from $6B in October and $1B in February 2025 (Kate Rooney/CNBC)
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Salt Lake City-based Zanskar, which uses AI to find overlooked geothermal fields to boost US electricity supply, raised $115M, taking its total funding to $180M (Benoît Morenne/Wall Street Journal)
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Sensor Tower: consumers spent $85B on apps globally in 2025, up 21% YoY, and, in a first, more money went on non-game mobile apps than on games, driven by GenAI (Sarah Perez/TechCrunch)
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The BBC confirms a "strategic partnership" with YouTube to produce exclusive content, including news and YouTube channels aimed at children and young adults (Alex Ritman/Variety)
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Ukrainian-founded language learning marketplace Preply raised a $150M Series D led by WestCap at a $1.2B valuation; the startup has a 150-person office in Kyiv (Anna Heim/TechCrunch)
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