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R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down (Suvashree Ghosh/Bloomberg)

Suvashree Ghosh / Bloomberg : R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social...

23 January 2026

R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down (Suvashree Ghosh/Bloomberg)

Suvashree Ghosh / Bloomberg:
R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down  —  The software firm behind a crypto-oriented social-media platform plans to repay venture capitalists the $180 million …

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Booz Allen Hamilton commits $400M to a16z's newest set of funds, for which a16z raised $15B+ in January; this is Booz Allen's first LP stake in any VC fund (Lucinda Shen/Axios)

Lucinda Shen / Axios:
Booz Allen Hamilton commits $400M to a16z's newest set of funds, for which a16z raised $15B+ in January; this is Booz Allen's first LP stake in any VC fund  —  Defense contractor Booz Allen Hamilton said Friday it is committing $400 million into Andreessen Horowitz's most recent set of funds.

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Sources: China has told Alibaba, Tencent, and ByteDance that they can prepare orders for Nvidia's H200 chips, suggesting Beijing is close to approving imports (Bloomberg)

Bloomberg:
Sources: China has told Alibaba, Tencent, and ByteDance that they can prepare orders for Nvidia's H200 chips, suggesting Beijing is close to approving imports  —  Chinese officials have told the country's largest tech firms including Alibaba Group Holding Ltd. they can prepare orders …

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How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a "China shedding" strategy, while Shein and Meituan seek non-US growth (Meaghan Tobin/New York Times)

Meaghan Tobin / New York Times:
How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a “China shedding” strategy, while Shein and Meituan seek non-US growth  —  Chinese firms must contend with geopolitical tensions and mistrust to do business in the United States.

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Sources: UBS plans to make cryptocurrency investing available for some private banking clients in Switzerland, starting with bitcoin and ether (Bloomberg)

Bloomberg:
Sources: UBS plans to make cryptocurrency investing available for some private banking clients in Switzerland, starting with bitcoin and ether  —  UBS Group AG plans to make cryptocurrency investing available for some private banking clients, in what could become a significant move …

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Google invests an undisclosed sum in Sakana AI, valued at $2.6B in November 2025, to boost Gemini's presence in Japan; Sakana AI gains access to Google's LLMs (Min-Jeong Lee/Bloomberg)

Min-Jeong Lee / Bloomberg:
Google invests an undisclosed sum in Sakana AI, valued at $2.6B in November 2025, to boost Gemini's presence in Japan; Sakana AI gains access to Google's LLMs  —  Google joined Japanese startup Sakana AI's roster of backers in a move that bolsters chatbot Gemini's presence in a country eager …

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Malaysia lifted its temporary ban on Elon Musk's Grok AI chatbot after xAI added safety measures; Grok remains subject to continuous monitoring by authorities (Anisah Shukry/Bloomberg)

Anisah Shukry / Bloomberg:
Malaysia lifted its temporary ban on Elon Musk's Grok AI chatbot after xAI added safety measures; Grok remains subject to continuous monitoring by authorities  —  Malaysia lifted its temporary ban on Elon Musk's Grok artificial intelligence chatbot after the company behind it added safety measures …

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Anthropic details how it had to redesign its take-home test for hiring performance engineers as Claude kept defeating it, and releases the original test (Anthropic)

Anthropic:
Anthropic details how it had to redesign its take-home test for hiring performance engineers as Claude kept defeating it, and releases the original test  —  What we learned from three iterations of a performance engineering take-home that Claude keeps beating.

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Daily Deals

Bengaluru-based digital payments startup Juspay raised $50M, in a mix of primary and secondary investments, from WestBridge Capital at a $1.2B valuation (The Economic Times)

The Economic Times:
Bengaluru-based digital payments startup Juspay raised $50M, in a mix of primary and secondary investments, from WestBridge Capital at a $1.2B valuation  —  Founded in 2012, Bengaluru-based Juspay powers payment systems for major global brands such as Amazon, Flipkart, Google, IndiGo, and Swiggy.

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How Anthropic, OpenAI, and Google are testing AI models by having them play Pokémon Blue on Twitch to track a model's ability to reason and make decisions (Isabelle Bousquette/Wall Street Journal)

Isabelle Bousquette / Wall Street Journal:
How Anthropic, OpenAI, and Google are testing AI models by having them play Pokémon Blue on Twitch to track a model's ability to reason and make decisions  —  Nintendo's original Pokémon games are becoming a popular and strangely effective way to test and benchmark new artificial-intelligence models.

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