The Halving
Block cut more than 4,000 employees — nearly half its workforce — and the stock surged 15%. Behind the AI framing: five years of bitcoin-inflated revenue, $295 million in fraud settlements, and a profit engine whose growth has always outrun its compliance.
Defense Secretary Pete Hegseth directs the DOD to designate Anthropic as a supply chain risk, barring military contractors from doing business with the company
This week, Anthropic delivered a master class in arrogance and betrayal as well as a textbook case of how not to do business with the United States Government or the Pentagon. Our position has never w...
Anthropic says it'll challenge “any supply chain risk designation in court” and that the designation would only affect contractors' use of Claude on DOD work
Earlier today, Secretary of War Pete Hegseth shared on X that he is directing the Department of War to designate Anthropic a supply chain risk.
Claude hit #2 on Apple's US App Store, hours after the DOD designated Anthropic a supply chain risk; it bounced between #20 and #50 for much of February
Anthropic's Claude artificial intelligence assistant app jumped to the No. 2 slot on Apple's chart of top U.S. free apps late on Friday …
Sam Altman says OpenAI reached an agreement with the DOD to deploy its models in DOD's classified network and asks DOD to extend those terms to all AI companies
Tonight, we reached an agreement with the Department of War to deploy our models in their classified network. In all of our interactions, the DoW displayed a deep respect for safety and a desire to pa...
OpenAI raised $110B at a $730B pre-money valuation, up from $500B in a secondary financing in Oct.; Amazon invested $50B, Nvidia and SoftBank invested $30B each
OpenAI announced a $110 billion funding round on Friday, a financing that's more than double the size of its last raise a year ago …
Xiaomi launches the €999 Xiaomi 17, the €1,499 17 Ultra, and the €1,999 Leica-branded Leitzphone, all featuring a Snapdragon 8 Elite Gen 5 chipset, in Europe
It's just launched in Europe, joined by the larger, more photography-focused Xiaomi 17 Ultra.
Sources: Israel hacked BadeSaba, a popular Iranian prayer app with 5M+ installs on Google Play, to send messages urging Iranian military personnel to defect
Israel hacked a popular Iranian prayer app to send notifications to potentially millions of phones Saturday morning urging …
Amazon is paying ~16x Microsoft's price per OpenAI percentage point, while getting none of Microsoft's exclusives, showing the cost of being late in AI
My word, the torrent of news keeps coming. You have hardly had time to digest the news of the $30 billion raise by Anthropic …
AI's deflationary impact on India's IT industry, which has never seen a decline in software exports in 24 years, will likely take years to fully materialize
The cost of electricity does not run an enterprise. — A post written as a fictional memo from June 2028 by short-seller Citrini …
How India's outsourcing industry, which employs 6M+ people and is worth nearly $300B, is racing to adapt as AI promises to automate white-collar work
Artificial intelligence promises to automate the white-collar work that made India a tech powerhouse. The country is racing to adapt before it's too late.LinkedIn:Paul Mozur.Forums:r/indiaLinkedIn:Pa...
China faces a dilemma as it looks to balance productivity gains from AI with labor displacement risks due to automation, which could trigger an economic spiral
Days after back-flipping AI humanoids dazzled China with a new year performance alongside dancers, a small research firm jolted US markets …
An interview with Amazon's AI chief Peter DeSantis on plans to use in-house chips, Trainium and Inferentia, to develop AI models more cheaply, and more
Amazon's new artificial intelligence czar, Peter DeSantis, is a larger-than-life figure within the company where he has worked since its early days
Q&A with Reiner Pope, a former Google TPU architect and CEO of MatX, which designs specialized chips for LLMs, on the limitations of current AI chips, and more
Reiner Pope is the co-founder and CEO of MatX, designing specialized chips for Large Language Models.
Xiaomi launches the €15 Xiaomi tag, an AirTag-like device that works with both Apple Find My and Android Find Hub, and the €300 Xiaomi Watch 5, in Europe
Xiaomi today launched a slew of gadgets ahead of the Mobile World Congress (MWC) in Barcelona including a camera-focused flagship smartphone …
AI coding agents are fueling productivity panic among executives and engineers, as a UCB study finds those offloading work to AI are also working longer hours
AI coding agents promised to make software development easier. Instead they've kicked off a high-pressure race to build at any cost.
US Congressional Joint Economic Committee report: US consumers lost $20.9B nominally to identity theft from four major data broker breaches over the past decade
Sources: Nvidia plans to unveil a new AI inference chip at its GTC conference in March; the system will have a Groq-designed chip and OpenAI is a customer
Under pressure from rivals, the chip giant is set to offer a new product focused on rapid processing of AI queries for ‘inference’ demand
As part of the Amazon-OpenAI deal, the companies plan a “stateful runtime environment” for AWS, letting agents carry context forward to handle ongoing projects
Ina Fried /Axios:
Tests of 12+ AI-detection tools show many can spot basic fakes, but struggle with complex images; few analyze video, and most identified fake audio
Sources: TSMC urges clients to apply for N2 production allocation as far out as Q2 2027, with large capacity allotments nearly sold out for the next two years
[Exclusive] Clients are being asked to finalize their requirements into mid 2027, with larger customers already booking capacity over the next two to three years.
Coupang reports Q4 revenue up 11% YoY to $8.8B, below $8.9B est., and a net loss of $26M, versus $131M net profit in Q4 2024, hurt by fallout from a data breach
E-commerce giant Coupang (CPNG.N) swung to a fourth-quarter loss on Thursday and reported revenue below analysts' estimates …
Source: India issued a blocking order on February 24 to restrict access to developer database service Supabase; the government did not publicly cite a reason
A look at a local group's lawsuit against Micron over its $100B New York manufacturing complex, alleging a rushed permitting process and environmental review
Sources: DeepSeek plans to release its multimodal model V4 next week and worked with Huawei and Chinese AI chipmaker Cambricon to optimize V4 for their products
Sources: crypto investment firm Paradigm is looking to raise up to $1.5B for a new fund to expand into AI, robotics, and other forms of frontier tech
A federal judge issues a preliminary injunction blocking Virginia from enforcing a new law restricting children's social media use, on First Amendment grounds
A federal judge on Friday blocked Virginia from enforcing a new law that aimed to protect children from being addicted to social media …
Dell stock closes up 22%, its biggest single-day gain since March 1, 2024, after the company gave an outlook for sales of its AI servers that exceeded estimates
Dell Technologies Inc. shares jumped the most in two years after the company gave an outlook for sales of its artificial intelligence servers …
Sources: SpaceX weighs filing confidentially for an IPO as soon as March, targeting a June listing that could raise up to $50B at a $1.75T valuation
Source: OpenAI expects to raise an additional $10B from financial investors by the end of March 2026, bringing its post-investment valuation to $850B
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Paramount agrees to acquire WBD, paying $31 per share in cash, giving WBD an enterprise value of $110B; Paramount paid a $2.8B breakup fee to Netflix
Netflix backed away from its $87.2 billion deal on Thursday. … The two companies formally unveiled the deal Friday after Netflix formally bowed …
In a newly released deposition in Elon Musk's case against OpenAI, Musk attacked OpenAI's safety record, saying nobody “committed suicide because of Grok”
OpenAI fired an employee for insider trading on prediction markets like Polymarket; Unusual Whales has flagged 77 suspected insider trades around OpenAI events
Prediction markets like Polymarket and Kalshi are big business, and some Big Tech employees are testing boundaries by making trades based on insider knowledge.
Court docs from a New Mexico trial reveal internal divisions at Meta as Instagram teen safety initiatives conflicted with growth and engagement goals
Flux, which offers an AI-powered platform to design PCBs for electronic devices, raised $37M, including a $27M Series B led by 8VC and a $10M Series A
Suno CEO and co-founder Mikey Shulman says the AI music company hit 2M paid subscribers and $300M ARR; pitch deck: it had 1M paid subscribers in November 2025
India-based Ultrahuman launches the $479 Ring Pro, available for pre-order globally, excluding the US, after the ITC ruled in favor of Oura in a patent dispute
TMTG says it is in talks to spin off Truth Social into a public company, following the close of its previously announced merger with nuclear fusion startup TAE
TikTok returns to Albania after a year-long ban, ostensibly linked to the death of a teenage boy, expired; Albania says TikTok has tightened safety measures
Deepinder Goyal, who stepped down as Zomato's CEO, raised $54M at a $190M valuation for Temple, which aims to make high-performance wearables for elite athletes
OpenAI says ChatGPT has 900M+ weekly active users, 50M+ consumer subscribers, and weekly Codex users have more than tripled since the start of the year to 1.6M
raising the stakes for AI monetizationZac Hall /9to5Mac:ChatGPT approaching 1 billion weekly active users
Sources: multiple federal agencies raised concerns about Grok's safety and reliability in recent months, before DOD approved Grok for use in classified settings
Warnings about xAI's safety and reliability preceded Pentagon decision to approve Grok for use in classified settings.
Tether says it has frozen $4.2B of its crypto token over links to “illicit activity”, including $3.5B since 2023 and $61M linked to pig-butchering scams
President Trump calls Anthropic a “radical left, woke company” and says he is directing every federal agency in the US to stop using its products
The Trump administration has decided to blacklist Anthropic in the most consequential and controversial policy decision to date …
Two coalitions of workers, including employees of Amazon, Google, Microsoft, and OpenAI, ask their companies to join Anthropic in refusing DOD's demands
Anthropic PBC got a vote of support from Silicon Valley workers for its increasingly contentious public-relations battle with the Pentagon …
After DOD's designation of Anthropic as a supply chain risk on social media, contract experts weigh in on the ramifications for the company and its customers
Anthropic says it would be “legally unsound” for the Pentagon to blacklist its technology after talks over military use of its artificial intelligence models broke down.
Sources detail how the standoff between the Pentagon and Anthropic escalated after discussions about using Claude during hypothetical nuclear missile attacks
“In a narrow set of cases, we believe AI can undermine, rather than defend, democratic values” — Perhaps you should heed that warning? — www.washingtonpost.com/technology/ 2...Tim Carmody /@tcarmo...
Source: Sam Altman told employees the DOD is willing to let OpenAI build its own “safety stack” and won't force OpenAI to comply if its model refuses a task
Sam Altman told OpenAI employees at an all-hands meeting on Friday afternoon that a potential agreement is emerging …
Sam Altman says OpenAI shares Anthropic's red lines with respect to AI use by the military, which are “an issue for the whole industry”
OpenAI CEO Sam Altman wrote in a memo to staff that he will draw the same red lines that sparked a high-stakes fight between rival Anthropic …
Amazon will invest $15B in OpenAI initially, followed by $35B if certain conditions are met; OpenAI commits to consuming ~2 GW of Trainium capacity through AWS
• OpenAI models coming to Amazon Bedrock via a new Stateful Runtime Environment …Tadahiro Kaburaki:So excited about the Amazon-OpenAI announcement after all the work. Love the great AWS and Amazon Le...
Dario Amodei says “we are patriotic Americans” and Anthropic fears some AI uses could clash with American values as AI's potential gets “ahead of the law”
Jo Ling /CBS News:
The Pentagon's fight with Anthropic sparks fears in Silicon Valley and the Capitol of a fundamental shift in the balance of power between DC and the AI industry
“The American people deserve to know what Trump officials are planning at the Pentagon.” — #AI@fightingliberal:‘Attempted corporate murder’: Trump's threats against Anthropic chill AI industry ...