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  • Wed Jan 21

Google signs a power purchase agreement with Ormat to supply up to 150 MW of geothermal energy to its Nevada data centers through NV Energy starting in 2028 (Lauren Rosenthal/Bloomberg)

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Sources: Western Digital plans to raise $3.09B by selling a Sandisk stake at $535-$555/share, a 9.4% discount to Tuesday's close; the offering is oversubscribed (Anthony Hughes/Bloomberg)

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Palo Alto Networks reports Q2 revenue up 15% YoY to $2.6B, vs. $2.58B est., and projects Q3 adjusted EPS below estimates; PANW drops 7%+ after hours (Elias Schisgall/Wall Street Journal)

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Quantum computing company Infleqtion closed at $15.59 in its trading debut, up ~9% from its opening price of $14.25, after merging with a Michael Klein-led SPAC (Mackenzie Tatananni/Barron's Online)

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Sources: AI legal software startup Legora is in talks to raise $400M at a $5B+ valuation, after raising $150M in October 2025 at a $1.8B valuation (Forbes)

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Stripe's stablecoin firm Bridge wins conditional approval from the US OCC to form a national trust bank, which would allow it to issue and manage stablecoins (Krisztian Sandor/CoinDesk)

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Meta commits to buy millions of Nvidia Blackwell and Rubin GPUs in a multiyear deal; source: Meta's in-house AI chip strategy has suffered technical challenges (Financial Times)

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Source: Benchmark's 2020 fund is now worth 10x+ and 2024 fund is 3x what investors put in, based on cash distributions and the paper value of its investments (Natasha Mascarenhas/Bloomberg)

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Benchmark hires Jack Altman, the founder of Alt Capital and Lattice, as its fifth general partner; three Alt Capital team members will join him at Benchmark (The Information)

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Google schedules I/O 2026 for May 19 to 20 in Mountain View, teasing the "latest AI breakthroughs and updates" in Gemini, Android, and more (Abner Li/9to5Google)

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Some private software companies including McAfee released earnings early to reassure investors worried about an AI-linked selloff, dubbed the "SaaSpocalypse" (Reshmi Basu/Bloomberg)

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Night Media, a talent agency that represents influencers like Twitch streamer Kai Cenat, raised $70M led by StepStone to expand into gaming, sports, and music (Lucas Shaw/Bloomberg)

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Over 100 researchers from Johns Hopkins, Oxford, and more call for guardrails on some infectious disease datasets that could enable AI to design deadly viruses (Megan Morrone/Axios)

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Sources: Apple ramps up work on AI wearables with cameras and Siri, including smart glasses, AirPods, and a pendant that can be worn as a necklace or pinned (Mark Gurman/Bloomberg)

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Anthropic launches Claude Sonnet 4.6 with improvements in coding, computer use, instruction following, and more; it features a 1M token context window in beta (Anthropic)

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Mistral buys Paris-based Koyeb, which simplifies AI app deployment at scale and manages AI infrastructure, in its first acquisition; Koyeb raised $8.6M to date (Anna Heim/TechCrunch)

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Mesh, founded by ex-SpaceX staff to mass produce optical transceivers that convert optical signals to electrical signals, raised a $50M Series A led by Thrive (Edward Ludlow/Bloomberg)

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CFTC Chair Mike Selig says the commission will file friend-of-the-court briefs to defend its exclusive jurisdiction over prediction markets amid state lawsuits (Nathan Bomey/Axios)

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Automattic adds an AI assistant to WordPress.com, enabling users to perform site-wide layout and style modifications via natural language commands (Sarah Perez/TechCrunch)

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SEC filing: Liftoff withdraws its IPO filing without specifying a reason, less than two weeks after the mobile ad platform postponed plans to price its IPO (Anthony Hughes/Bloomberg)

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Figma and Anthropic partner to launch Code to Canvas, letting users import code generated in Claude Code directly into Figma as editable designs (Deirdre Bosa/CNBC)

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Palantir moves its HQ from Denver to Miami, as the city's leadership aims to turn it into the next Silicon Valley, with backing of billionaires like Ken Griffin (Bloomberg)

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Snapchat launches creator subscriptions in alpha, available to some creators in the US starting February 23; creators set custom monthly pricing (Ivan Mehta/TechCrunch)

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Israeli drone OS developer Xtend merges with New York-listed JFB to list on Nasdaq at a $1.5B valuation, including a $152M investment from Eric Trump and others (Sophie Shulman/CTech)

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Braintrust, which helps companies evaluate and monitor their AI tools' performance, raised an $80M Series B led by Iconiq at an $800M post-money valuation (Chris Metinko/Axios)

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Raspberry Pi stock rose as much as 42% on Tuesday in a record two-day rally, amid demand for single-board computers to run low-cost AI agents like OpenClaw (Danilo Masoni/Reuters)

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Cloud infrastructure startup Render raised a $100M Series C extension led by Georgian Partners at a $1.5B valuation, and says 4.5M+ developers use its tools (Jordan Novet/CNBC)

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London-based Fyld, which makes AI tools to assist infrastructure and utility fieldwork operators, raised a $41M Series B led by Energy Impact Partners (Kyt Dotson/SiliconANGLE)

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Filing: Gemini says its COO, CFO, and chief legal officer are leaving; Cameron Winklevoss will take on many of the COO's duties; GEMI falls 10%+ (Olivier Acuna/CoinDesk)

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Qualcomm says UK consumer association Which? is withdrawing its chip royalties lawsuit that sought £480M for 29M iPhone and Samsung users, after a CAT trial (Sam Tobin/Reuters)

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Palo Alto Networks agrees to acquire Israeli endpoint security company Koi Security, sources say for ~$400M; Koi raised $48M across two rounds, per PitchBook (Assaf Gilead/Globes)

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Spanish PM Pedro Sanchez says he asked the country's prosecutor office to investigate X, TikTok, and Meta over the alleged "creation and dissemination" of CSAM (Macarena Munoz Montijano/Bloomberg)

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Crypto VC firm Dragonfly closes a $650M fund, its fourth, as the crypto VCs go through a "mass extinction event"; Dragonfly backed Polymarket's Series B (Leo Schwartz/Fortune)

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Danaher agrees to acquire US medical tech company Masimo for $9.9B, paying $180 per share, a nearly 40% premium on February 13's close, set to close in H2 2026 (Stuart Biggs/Bloomberg)

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Airbnb expands its Reserve Now, Pay Later feature globally, after a US pilot for domestic travel saw a 70% adoption rate for eligible bookings (Ivan Mehta/TechCrunch)

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Temporal, which builds open-source software to ensure "durable execution" of code, raised a $300M Series D at a $5B valuation, up from $2.5B in October 2025 (Krystal Hu/Reuters)

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Mexico-based online used car dealer Kavak raised $300M led by a16z, the first Latin American deal for a16z's Growth fund, after raising $700M in September 2021 (Michael O'Boyle/Bloomberg)

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Josh Kushner's Thrive raised $10B+ for its tenth and largest fund, lifting its AUM to ~$50B; sources: it distributed 64% of capital raised during the 2021 peak (Caroline Hyde/Bloomberg)

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UK activist investor Palliser says Toto, Japan's largest toilet maker, is an "undervalued and overlooked" AI play due to its "advanced ceramics" used in chips (David Keohane/Financial Times)

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Google's Android XR design docs and developer tools hint at the XR glasses' details, including mandatory physical buttons and "Glimmer" UI design language (Abner Li/9to5Google)

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The European Commission opens a full DSA investigation into Shein over sales of child-like sex dolls that "could constitute child sexual abuse material" (Samuel Stolton/Bloomberg)

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How locals in Potters Bar, a town near London, are challenging Equinix's $5B data center plans, as the UK reclassifies "green belt" land to boost construction (Joel Khalili/Wired)

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Dubai-based fractional property investment startup Stake raised a $31M Series B led by Emirates NBD PJSC; the platform facilitates investments starting at ~$136 (Zainab Fattah/Bloomberg)

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Cohere releases Tiny Aya, a family of 3.35B-parameter open-weight models supporting 70+ languages for offline use, trained on a single cluster of 64 H100 GPUs (Ivan Mehta/TechCrunch)

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Q&A with Replit CEO Amjad Masad, who says India is Replit's second-largest market by active users, on integrating Razorpay's tech, AI's impact on SaaS, and more (Bhavya Dilipkumar/Moneycontrol)

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Indian conglomerate Adani Group announces plans to invest $100B to build renewable energy-powered AI-ready data centers across India by 2035 (Urvi Dugar/Reuters)

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How LLMs are dismantling the moats that made vertical SaaS defensible, and why the market selloff is structurally justified but temporally exaggerated (Nicolas Bustamante/@nicbstme)

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Indian IT giant Infosys partners with Anthropic to develop AI services for telecom, with plans to expand to finance, manufacturing, and software development (Kosaku Narioka/Wall Street Journal)

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Top AI researchers argue that AI is now more useful for mathematics thanks to the latest "reasoning" models, as math becomes a key way to test AI progress (Melissa Heikkilä/Financial Times)

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Micron, which has undertaken a $200B US expansion, says it can currently meet about 50% to 66% of demand for some key customers, as AI drives memory chip demand (Robbie Whelan/Wall Street Journal)

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Entries updated Feb 20, 2026 10:58:45 PM PST

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