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Mon Jan 26
Beverly Hills-based Subject, whose streaming-style, on-demand platform provides digital curriculum and learning insights for grades 6-12, raised $28M (Natalie Breymeyer/Axios)
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DOJ files reveal how Jeffrey Epstein ingratiated himself with top Microsoft executives, aiding his return to society after his release from prison in 2009 (New York Times)
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Slang AI, which develops voice-based software for the hospitality industry that answers inbound calls, manages reservations, and more, raised a $36M Series B (Natalie Breymeyer/Axios)
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Profound, which tracks how AI models recommend brands across millions of prompts, raised a $96M Series C at a $1B valuation, bringing its total funding to $155M (Lily Mae Lazarus/Fortune)
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An Evercore ISI economist criticizes Citrini's AI report, calling its assumptions "extreme and improbable", but says it's a thought-provoking exercise (Robin Wigglesworth/Financial Times)
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Letter AI, whose sales software provides personalized, deal-specific guidance, raised a $40M Series B, four months after a $10.6M Series A (Geoff Weiss/Business Insider)
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Kraken launches what it claims are the first regulated perpetual futures contracts based on tokenized stocks, available to non-US users and trading 24/7 (Krisztian Sandor/CoinDesk)
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Nimble, whose AI agents structure real-time web data into tables that can be queried like a database, raised a $47M Series B, bringing its total funding to $75M (Ram Iyer/TechCrunch)
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CrowdStrike says the average breakout time for attackers moving from intrusion to other network systems fell to 29 minutes in 2025, a 65% YoY increase in speed (Matt Kapko/CyberScoop)
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Sources: Meta aims to enter the stablecoin space in H2, with plans to integrate a vendor to administer stablecoin-backed payments and implement a new wallet (Ian Allison/CoinDesk)
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Anthropic launches Claude Cowork agent tools for investment banking, HR, design, and more, including a specialized financial plugin developed alongside FactSet (Rachel Metz/Bloomberg)
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Google says AI music generation platform ProducerAI is joining Labs and will be powered by a Lyria 3 preview version; ProducerAI was developed alongside artists (Emma Roth/The Verge)
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Stefano Ermon's Inception releases Mercury 2, a diffusion AI model designed to field questions from users significantly faster and more cheaply than its rivals (Dina Bass/Bloomberg)
2d
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Shein founder Xu Yangtian made a rare public appearance in Guangdong, pledging to invest ~$1.45B into the province's supply chains in the next three years (William Langley/Financial Times)
2d
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ADT agrees to acquire Origin Wireless for $170M to integrate advanced AI motion classification into its popular home security suite starting in 2027 (Samantha Kelly/Bloomberg)
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MatX, an AI chip startup founded by two alumni of Google's chip business, raised $500M+ led by Jane Street and Situational Awareness to compete with Nvidia (Dina Bass/Bloomberg)
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Stripe hits a $159B valuation after an employee share sale to investors like Thrive, Coatue, and a16z, a 70% jump from its $92B valuation in February 2025 (Akila Quinio/Financial Times)
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Basis, which builds AI agents to help accounting firms with tasks like tax returns, raised $100M led by Accel at a $1.15B valuation, for $138M in total funding (Rebecca Torrence/Bloomberg)
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Roku reported an $88.4M profit in 2025, after a $498M loss in 2022, a $709.6M loss in 2023, and a $129.4M loss in 2024, boosted by new ad deals and cost cutting (Mark Maurer/Wall Street Journal)
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ASML researchers unveil a breakthrough in EUV light source power, increasing output from 600W to 1,000W, a jump that could yield 50% more chips by 2030 (Stephen Nellis/Reuters)
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The UK ICO fines Reddit £14.47M for unlawfully using children's personal information; Reddit began verifying user ages in July 2025 to comply with the UK OSA (Tom Singleton/BBC)
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Dutch startup Axelera AI, which builds power-efficient AI inference chips, raised $250M+ led by Innovation Industries, with investment from BlackRock and others (Charlotte Hughes-Morgan/Bloomberg)
2d
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European military officials worry "tech sovereignty" ideas may have serious consequences for European security, given their reliance on US software and networks (Financial Times)
2d
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Meta agrees to acquire up to 6GW of AMD Instinct GPUs in a deal valued at $100B+ that could see Meta own up to 10% of AMD; Meta plans to deploy 1GW in 2026 (Wall Street Journal)
2d
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Court docs: the IRS seeks $16B in back taxes and penalties from Meta, arguing it failed to report ~$54B in overseas profits; in December 2025, Meta sued the IRS (Jesse Drucker/New York Times)
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Russian media: Russia opens an investigation into Telegram founder Pavel Durov for "abetting terrorist activities", as it promotes its state-run rival Max app (Max Seddon/Financial Times)
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How Silicon Valley has long ignored China's looming Taiwan invasion and its chip supply impact; US officials warned Apple, AMD, and Qualcomm about China's plans (Tripp Mickle/New York Times)
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Samsung's $2,899 Galaxy Z TriFold works well as a smartphone, especially for entertainment, but falls short as a tablet and laptop, marred by unpredictability (Chris Welch/Bloomberg)
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The UK plans to update the Media Act 2024 to bring streaming platforms with 500K+ users under "enhanced" Ofcom regulation, giving it power to investigate them (K.J. Yossman/Variety)
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Anthropic introduces "persona selection model", a theory to explain AI's human-like behavior, and details how AI personas form in pre-training and post-training (Anthropic)
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Discord says it "ran a limited test of Persona in the UK" to verify user ages and "that test has since concluded", distancing itself from Persona amid backlash (Emma Roth/The Verge)
2d
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A look at the challenges some AI developers face in building models to extract trillions of high-quality tokens from PDFs, which are hard to parse, for training (Josh Dzieza/The Verge)
2d
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Bengaluru-based Xflow, which facilitates B2B cross-border payments, raised a $16.6M Series A led by GC at an $85M valuation, bringing its total raised to $32M+ (Jagmeet Singh/TechCrunch)
2d
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Filings: some Meta execs warned in 2019 that adding E2E encryption to Facebook and Instagram messaging would hinder the ability to flag CSAM to law enforcement (Reuters)
2d
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A look at Apple's efforts to reshore the US chip supply chain, as the company commits to buying 100M+ chips from TSMC Arizona in 2026, amid US-China tensions (Rolfe Winkler/Wall Street Journal)
2d
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Apple says it plans to move some Mac mini production to Houston from Asia later in 2026, as part of its efforts to invest $600B in the US over four years (Rolfe Winkler/Wall Street Journal)
2d
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A court-appointed administrator winding down Terraform Labs sues Jane Street, alleging it engaged in insider trading to profit from and hasten Terraform's fall (Vicky Ge Huang/Wall Street Journal)
2d
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How Binance staffers found $1B was sent to sanctioned Iranian entities via the exchange, which dismantled their probe and suspended them after Trump pardoned CZ (Wall Street Journal)
2d
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Tesla sues California's DMV to reverse a ruling that found Tesla violated the law by falsely promoting its Autopilot and Full Self-Driving systems (Lora Kolodny/CNBC)
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A Trump administration official says DeepSeek's new model, expected next week, was trained on Nvidia Blackwell chips, in a potential US export control violation (Reuters)
2d
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Sources: Anthropic has lined up $5B to $6B for an employee share sale at a ~$350B valuation; outside investors, not Anthropic, will buy up the insider shares (Bloomberg)
2d
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A DOD official says xAI has agreed to let the military use Grok in classified systems and agreed to the "all lawful use" standard, which Anthropic has refused (Axios)
2d
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Sources: AI chipmaker Cerebras confidentially files for a US IPO after withdrawing a previous IPO last year, and a listing could take place as soon as April (The Information)
2d
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Uber agrees to acquire SpotHero for an undisclosed sum, to offer parking reservation for events and at venues and airports; SpotHero was last valued at $290M (Salvador Rodriguez/CNBC)
2d
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IBM shares closed down 13.15% after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization (Pia Singh/CNBC)
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Amazon plans to invest $12B in new data centers in Louisiana and says it worked with the local utility "to ensure we pay 100% of the costs" tied to the campus (Annie Palmer/CNBC)
2d
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Some AI startups are boosting their valuations by raising capital in back-to-back or multitiered deals, raising questions about how much they are really worth (Angel Au-Yeung/Wall Street Journal)
2d
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Ubicquia, which provides software to utilities, cities, and companies to manage energy infrastructure like transformers, raised a $106M Series D (Katie Fehrenbacher/Axios)
2d
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Anthropic says DeepSeek, MiniMax, and Moonshot violated its ToS by prompting Claude a combined 16M+ times and using distillation to train their own products (Wall Street Journal)
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Internal memo: Lightricks, creator of photo editing app Facetune, is splitting its consumer app unit from its GenAI unit LTX to better capture the growth in AI (Echo Wang/Reuters)
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