Bloomberg : Analysis: tech companies have pledged at least $1.4T in US spending since Trump was elected, although many of the plans aren...
Docs: Amazon will spend $16B to build two Mississippi data center campuses, up from $10B it announced a year ago, underscoring rising AI infrastructure costs — - Project tally includes $7.2 billion for servers and other gear — Majority of 1,000 data center jobs created will be contractors
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Texas Gov. Greg Abbott issues a ban on the use of Chinese-backed apps DeepSeek, Lemon8, Moomoo, RedNote, Tiger Brokers, and Webull on government-issued devices — Texas Gov. Greg Abbott issued a ban on the use of Chinese-backed artificial intelligence and social media apps on government-issued devices Friday afternoon.
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CCData: the supply of stablecoins on Solana jumped by 112% in January to a record high of $11.1B, as the launch of the TRUMP memecoin caused a wave of inflows — This coincided with the launch of Donald Trump's memecoin $TRUMP which caused a wave of inflows to the network — What to know:
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Researchers: DeepSeek's R1 failed to detect or block any of the 50 malicious prompts that were tested; Adversa: R1 is vulnerable to many jailbreaking tactics — Security researchers tested 50 well-known jailbreaks against DeepSeek's popular new AI chatbot. It didn't stop a single one.
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OpenAI launches o3-mini, its latest reasoning model that it says is largely on par with o1 and o1-mini in capability, but runs faster and costs less — OpenAI on Friday launched a new AI “reasoning” model, o3-mini, the newest in the company's o family of reasoning models.
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Sources: Meta is discussing moving its incorporation from Delaware to Texas or another state, following similar moves by Elon Musk — Potential step by social-media giant follows similar move by Elon Musk, who moved to reincorporate his companies in Texas and Nevada
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Microsoft creates the Advanced Planning Unit within its Microsoft AI division to help the company understand the societal, health, and work implications of AI — Microsoft says that it's creating a new unit, the Advanced Planning Unit (APU), within its Microsoft AI business division …
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WhatsApp says it disrupted a campaign in which 90 journalists and other members of civil society were targeted using spyware from Israel-based Paragon — Messaging app said it had ‘high confidence’ some users were targeted and ‘possibly compromised’ by Paragon Solutions spyware
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Apple files an emergency motion to halt the remedy trial of the DOJ vs. Google case while it appeals a court's denial of its request to intervene as a defendant — The company wants to play a bigger role to avoid ending its lucrative search deal. — The company wants to play a bigger role to avoid ending its lucrative search deal.
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Israel-based Seraphic Security, whose product allows customers to securely access SaaS and private web applications, raised a $29M Series A led by GreatPoint — Seraphic Security banks $29 million investment as VCs remain bullish on startups with security-themed browsers for corporate defenders.
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Grayscale launches a dogecoin-focused fund, says it has “transitioned from a memecoin” to a tool for “global financial inclusion and a viable means of payment” — Grayscale Investments said on Friday it was launching an investment fund aimed at dogecoin …
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Sources: OpenAI plans to release o3-mini today with o1-level reasoning and 4o-level speed, as the company's staff is galvanized by DeepSeek's success — After a Chinese-startup roiled the industry, OpenAI readies a response—ahead of schedule. — It's been just over a week since DeepSeek upended the AI world.
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Source: Anton Levy is stepping down as General Atlantic's co-president and chairman of global technology; Levy led investments in Alibaba, Facebook, and more — No word yet on his future plans, although it doesn't sound like anything is imminent. — Levy will be replaced …
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Tether had $13B in 2024 net profits, including ~$7B from its US Treasuries and repo holdings, and $5B from unrealized appreciation of gold and bitcoin holdings — Tether, the crypto company behind the largest stablecoin USDT, said on Friday it generated $13 billion group-wide net profits last year in a record-breaking year.
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LinkedIn says short-form video is its fastest-growing content category, and total video viewership grew 36% YoY between October 30, 2024 and January 29, 2025 — LinkedIn's ongoing efforts to woo video creators paid off in the past few months, according to new figures shared by the company.
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Atlassian reports Q2 revenue of $1.29B vs. $1.24B est. and expects 26.5% cloud growth, 21.5% data center growth for the fiscal year; TEAM jumps 20%+ pre-market — Atlassian shares popped 19% after the software company blew past Wall Street's fiscal second-quarter earnings and guidance expectations.
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Finout, which makes cloud cost management software, raised a $40M Series C, following a $26M Series B in March, bringing its total raised to $85M — Even just a few years ago, FinOps — a collection of best practices to manage the costs of cloud computing — wasn't something that was top of mind for a lot of businesses.
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Kraken says its revenue hit $1.5B in 2024, up from $671M in 2023, and it finished the year with 2.6M funded accounts, with $42.8B in assets held on the platform — - The crypto exchange had $1.5 billion in revenue last year — Kraken has long-held aspirations of becoming a public company
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Indian smartphone market's revenue rose 9% YoY in 2024, with shipments up 1% YoY to 153M units; Nothing was the fastest-growing brand, up 577% YoY — - The Indian smartphone market's Revenue on the basis of the wholesale price rose 9% YoY in 2024 to reach a record high.
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Cloudflare Radar: TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down on January 19 — TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down earlier this month, according to Cloudflare Radar.
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Sources: STMicroelectronics is considering reducing its workforce by about 6%, or up to 3,000 jobs, through early retirements and attrition, amid a chip slump — STMicroelectronics NV is considering reducing its workforce by as much as about 6% through early retirements and attrition …
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Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans to expand in the US and double its workforce — The company, which saw 500% growth in 2024, plans to expand in the U.S. and double its workforce. — Anchor — Funding — Fintech
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Kalshi plans to let users buy into its prediction markets directly from brokerages, says it now has 908 active contracts, up from 691 on Election Day — The platform, which recently hired Donald Trump Jr. as an adviser, is seeking to tap Wall Street to expand its potential customer base.
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A close look at DeepSeek, which is estimated to have access to ~50K Hopper GPUs, a total server capex of ~$1.3B, and a GPU spend of $500M+ over its history — The DeepSeek Narrative Takes the World by Storm — DeepSeek took the world by storm. For the last week, DeepSeek has been the only topic …
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Adobe Chief Strategy Officer Scott Belsky leaves the company to join A24 film studio as a partner; he co-founded Behance, which Adobe acquired for $150M in 2012 — Belsky is an entrepreneur, author and creator who in 2006 founded Behance, an online platform that is used by more than 50 million professionals …
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