Thirteen Percent
IBM lost 13.15% of its market value because Anthropic published a blog post about COBOL. On the same day, Goldman Sachs and JPMorgan reported that AI contributed "basically zero" to GDP. The gap between narrative power and productive power is the story.
Anthropic says DeepSeek, MiniMax, and Moonshot violated its ToS by prompting Claude a combined 16M+ times and using distillation to train their own products
The allegations mirror those of OpenAI, which told House lawmakers that DeepSeek used ‘distillation’ to improve models
Sources: PayPal is attracting takeover interest after a stock slide over the past year wiped out almost half of its value; PYPL closes up 5.76%
PayPal Holdings Inc., the digital payments pioneer, is attracting takeover interest from potential buyers after a stock slide wiped …
Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays
A Thought Exercise in Financial History, from the Future — Preface — What if our AI bullishness continues …
Sources: US Defense Secretary Pete Hegseth summons Dario Amodei to the Pentagon on Tuesday morning for what is likely to be a tense meeting over Claude usage
Defense Secretary Pete Hegseth has summoned Anthropic CEO Dario Amodei to the Pentagon on Tuesday morning for what sources …
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
Uber launches Uber Autonomous Solutions, offering services like insurance, roadside assistance, and “AV mission control” tools, and will offer fleet financing
App says new operation will boost commercialisation of AVs — Uber has set up a new initiative to serve a growing number …
Sources: some Xbox staffers say they are relieved that Sarah Bond is leaving, after she led a pivot away from the console with the “Xbox everywhere” strategy
Microsoft has a new gaming CEO who wants to bring Xbox back from the brink. … Xbox fans had been anticipating the retirement …
OpenAI launches Frontier Alliances, entering into multiyear deals with Accenture, BCG, Capgemini, and McKinsey to help deploy its enterprise platform Frontier
OpenAI on Monday announced it is entering into multiyear partnerships with four consulting firms that will help the company deploy its enterprise platform called Frontier.
Economists at Goldman Sachs and JPMorgan report the AI boom contributed “basically zero” to US economic growth in 2025, challenging claims of up to 92% growth
Massive investment in AI contributed “basically zero” to U.S. economic growth last year, Goldman Sachs has calculated.
Finnish quantum computing company IQM plans to go public via a SPAC merger with New Jersey-based Real Asset Acquisition in a deal set to value it at $1.8B
IQM Quantum Computers will go public through a merger with a blank-check vehicle in a deal expected to value the Finnish quantum computing firm …
How OpenAI scrambled for compute as Stargate stalled amid clashes with SoftBank; sources say OpenAI building its own data centers is not its near-term priority
When President Donald Trump announced the $500 billion Stargate AI data center project in January 2025, the three companies charged …
Sources: Trump's “Board of Peace” is exploring a USD-pegged stablecoin for Gaza; a source says it will not be a “Gaza Coin” or a new Palestinian currency
Proposal to launch cryptocurrency pegged to US dollar comes after cash supply was decimated during Israeli offensive
Anthropic details the AI Fluency Index, tracking 11 behaviors that represent human-AI collaboration and measure how people collaborate with AI
People are integrating AI tools into their daily routines at a pace that would have been difficult to predict even a year ago.
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
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
Uber said it's acquiring SpotHero, a company that provides a parking reservation app for crowded downtowns, sporting events and concerts.
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
Ubicquia, which provides software to utilities, cities, and companies to manage energy infrastructure like transformers, raised a $106M Series D
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
Anthropic-backed super PAC Public First Action begins running ads urging AI regulations in New Jersey; the PAC raised nearly $50M and now aims to raise $75M
The ads by Public First Action, which started airing on Monday, are part of an escalating political war over artificial intelligence before the midterm elections.
Aalyria, a Google spinoff whose software allows routing of traffic across diverse satellite platforms in low earth orbit, raised $100M at a $1.3B valuation
In 2022, Google spun out a project focused on high-speed communications networks into a startup called Aalyria.
HR app Humand, used by 1.5M+ “deskless” workers in construction, retail, hospitals, and more, raised a $66M Series A led by Goodwater and Kaszek
Startup Humand is betting the next wave of workplace software won't target office employees but the billions of workers who don't sit behind a computer.
Data center developers are seeking credit ratings even while facilities are under construction to unlock new capital; S&P, Moody's, and others expand coverage
Agencies are rushing to rate the debt of projects still under construction — Data centre developers are seeking credit ratings …
How Buddy Rizer, an official in Virginia's Loudoun County, helped build the world's largest data center market, with ~200 buildings spanning ~49M square feet
Virginia's Loudoun County is a giant data-center market thanks in part to a radio DJ-turned county executive director for economic development
Analysis: the crypto industry has spent $288M+ on the 2026 US midterms so far, over double the 2024 cycle; crypto PAC Fairshake is the US' fifth most-funded PAC
Anthropic's data shows software engineering accounts for ~50% of its AI agent tool calls; the remaining verticals are greenfields most founders are overlooking
South Korean trade data: chip exports rose 134% YoY, while computer peripherals rose 129% in the first 20 days of February, extending gains driven by AI demand
South Korea's exports extended their growth momentum in early February, driven by resilient semiconductor demand even as trade uncertainty persists over US tariff policy.
A look at the rising popularity of “WorkTok” videos, where employees film their daily work routines on TikTok and Instagram, particularly among Gen Z viewers
Employees videoing their mundane office routines are teaching a younger audience about corporate life
India's AI Summit highlighted the limits of the country's AI ambitions, as the US and its tech companies largely dismissed India's push for global AI governance
Source Global: the US consulting market is set to grow 7% in 2026, the fastest pace in the post-COVID era, as companies seek advice on profiting from AI
Turkey launches a review of how social media platforms handle children's data as it prepares new rules that include identity verification and age restrictions
A look at Japan's Team Mirai, a party founded by software engineers that won 11 of 465 parliament seats by promising self-driving buses and high-tech jobs
With a ponytail, an indigo suit and a black T-shirt covered in lines of computer code, Takahiro Anno stands out in the button-down halls of Japan's government.
A profile of Neil Shen of HSG, formerly Sequoia China, which raised $9B from US investors before US restrictions and has funded Manus and other Chinese startups
Tim Cook's increased mentions of Visual Intelligence hint it will be a major part of Apple's new wearables; sources say Apple considers a deep red iPhone 18 Pro
Apple CEO Tim Cook is signaling that Visual Intelligence will be the defining feature of the company's push into wearable AI devices.
A look at CISA during Trump's second term as it navigates job cuts, continues to operate without a Senate-confirmed leader, and faces a demoralized workforce
The Cybersecurity and Infrastructure Security Agency has navigated staffing cuts without a Senate-confirmed leader.Forums:r/politicsForums:r/politics:Shutdown at D.H.S. Extends to Cyber Agency, Adding...
Samsung plans to add Perplexity to Galaxy AI on the upcoming S26 series; users can launch the Perplexity agent by saying “Hey Plex” or with a physical button
The wakeup phrase will be, ‘Hey Plex.’ — Samsung's next flagship devices will offer Perplexity as part of an expansion …
Google Antigravity users say their paid Google AI accounts were banned after linking Gemini models via OpenClaw; Peter Steinberger says he may “remove support”
Google has restricted accounts of AI Ultra subscribers who accessed Gemini models through OpenClaw, a third-party OAuth client …
How Russia-linked crypto exchanges, including Bitpapa and Exmo, help Russian entities move money across borders, bypassing banking oversight and sanctions
Cryptoasset exchanges that maintain operational or financial connections with Russia continue to enable the circumvention of international sanctions.
Sources: Dell, Lenovo, and other PC makers are working with Nvidia on laptops that use the Arm-based Nvidia-MediaTek SoC, which could launch in H1 2026
AI leader and its partners hope to make PCs lighter and thinner while keeping long battery life — Nvidia chips for laptop computers …
Tencent closed its TiMi Montréal studio after nearly five years, without ever releasing a game, as Chinese giants scale back funding for Western game studios
The game industry's contraction is unrelenting. — ∙ Paid — Tencent has shut down its TiMi Montreal studio without …
In recent interviews, Sam Altman said AI's adoption faces more resistance than he expected, while Jensen Huang warned the “doomer narrative” may be winning
Tech leaders are beginning to worry about the public's underwhelming enthusiasm for their plans to remake the world with artificial intelligence.LinkedIn:Bridget FahrlandandDaron Yondem
The EU's DSA probe into Shein is just the latest of the company's problems, which are stacking up in many of its big markets as it seeks to push through an IPO
Documents submitted by Waymo and Tesla to the US government reveal new info about the remote assistance programs for their robotaxis, staffed by human operators
Self-driving vehicle companies are revealing new details about their safety-critical “remote assistance” programs—but questions remain.
US farmers are increasingly rejecting multimillion-dollar offers from data center developers; some estimate ~40K acres are needed globally for new AI projects
Families are navigating the tough choice between unimaginable riches and the identity that comes with land
Sam Altman says discussions about AI's energy usage are “unfair”, as it takes “20 years of life and all of the food you eat during that time” to train a human
OpenAI CEO Sam Altman addressed concerns about AI's environmental impact this week while speaking at an event hosted by The Indian Express.
Sam Altman says currently “the idea of putting data centers in space is ridiculous” and that it is “not something that's going to matter at scale this decade”
cites high failure rates and cost as primary limitersAJ Dellinger /Gizmodo:Sam Altman says there is some “AI washing”, where companies blame AI for layoffs that they would otherwise do, alongside “rea...
Software stocks extended their weeks-long selloff on Monday; several of the biggest decliners were discussed in a post by Citrini Research
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI.