Robbie Whelan / Wall Street Journal : CoreWeave's market value fell $33B in six weeks amid construction delays at its Denton, TX AI d...
CoreWeave's market value fell $33B in six weeks amid construction delays at its Denton, TX AI data center, criticism from short seller Jim Chanos, and more — The data-center provider's terrible six-week slide picked up speed when a famous short seller piled concerns on top of delays
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OpenAI's chief communications officer Hannah Wong will leave in January; Wong joined in 2021 and led PR during Sam Altman's brief ouster and return in 2023 — Hannah Wong told staff she is moving on to her “next chapter.” The company will be running an executive search to find a replacement, according to a memo.
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Sources: the US has paused a tech trade deal with the UK, signed in September, over disagreements about the UK's digital regulations and food safety rules — The U.S. government has paused a tech-focused trade pledge with Britain over broader disagreements about Britain's digital regulations and food safety rules.
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Allen Institute for AI launches Bolmo 7B and Bolmo 1B, claiming they are “the first fully open byte-level language models”, built on its Olmo 3 models — Enterprises that want tokenizer-free multilingual models are increasingly turning to byte-level language models to reduce brittleness in noisy or low-resource text.
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Shares of Tesla closed at a 2025 high on Monday after the company confirmed it is testing driverless vehicles in Austin without a human safety operator — Nearly six months after launching a limited Robotaxi service in Austin, Texas with safety drivers in the car, the company …
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PayPal says it has filed applications to establish PayPal Bank to provide loans more efficiently to US small businesses and reduce its reliance on third parties — The payments company says it filed applications with the Utah Department of Financial Institutions and the FDIC to establish PayPal Bank
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Ford plans to repurpose its US battery manufacturing capacity to launch a battery energy storage business for data centers, amid a shift away from large EVs — Amid Ford's shift away from making large electric vehicles, the automaker is adding a new product line to find a home for its batteries.
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Shares of Broadcom, CoreWeave, and Oracle, companies tied to the AI infrastructure buildout, extend last week's decline; ORCL is down 46%+ since September 10 — In at least one corner of the artificial intelligence market, sentiment has turned decidedly negative.
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Intel appoints Robin Colwell, deputy assistant to President Trump and deputy director of the National Economic Council, as its head of government affairs — Intel (INTC.O) on Monday appointed an economic adviser to U.S. President Trump as its head of government affairs …
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Sources: Disney's Sora deal is entirely in OpenAI stock rather than a cash licensing fee; Disney has the option to buy additional stock beyond the $1B stake — OpenAI is getting access to Disney's kingdom without cutting a check. — The artificial intelligence company's recent deal …
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Sources: Notion told staff it is doing a $300M tender offer at an $11B valuation, ahead of a potential IPO; it passed $600M in ARR, half of it from AI products — The company, which sells a popular productivity software application and now wants to be an ‘AI everything’ app …
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How crypto entrepreneur Bill Zanker helped Trump and Melania launch memecoins; as of December 10, $TRUMP was down 92% since its peak and $MELANIA was down 99% — No one wants to claim credit for helping the first couple launch cryptocurrencies that plummeted more than 90% from their peak.
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The US FTC, along with 21 states and DC, files an amended complaint against Uber, alleging deceptive billing and cancellation practices related to Uber One — The U.S. Federal Trade Commission said on Monday that the agency and 21 states, along with the District of Columbia …
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Cloudflare 2025 report: global internet traffic grew 19% in 2025, ChatGPT was the most popular AI service, global traffic from Starlink grew 2.3x, and more — TRAFFICInternet Traffic Growth — Internet connectivity is critically important to everyday communication, commerce, entertainment, and transportation.
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Sources: xAI has created an enterprise AI sales group, but xAI's lack of experience in selling to big businesses is holding potential customers back — Elon Musk's xAI wants companies around the world to buy its Grok AI models as it tries to build a moneymaking business.
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GM is adding native Apple Music to select vehicles, and rolls out support for digital keys, after it started phasing out CarPlay in 2023 — General Motors is racing to add more native apps to make up for its decision to block Apple CarPlay and Android Auto.
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Lidar manufacturer Luminar files for Chapter 11 bankruptcy and says it reached a deal to sell its semiconductor subsidiary to Quantum Computing Inc. for $110M — Luminar Technologies Inc, which manufactures laser-based sensors for cars, filed for bankruptcy shortly after it lost a contract with Swedish carmaker Volvo AB.
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Google is shutting down its dark web monitoring tool, launched in 2024 to alert users when their personal info is detected on the dark web, on February 16, 2026 — One of the lesser-known features that Google offers is a “Dark Web Report” monitoring tool, but it's about to shut down in early 2026.
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NY-based Octane, which offers “instant” financing for large recreational and lifestyle purchases, raised a $100M Series F at a post-money valuation of $1.3B — Octane, a startup that offers “instant” financing for large recreational and lifestyle purchases …
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Mexico-based fintech Plata raised up to $500M in a financing deal arranged by Nomura Securities International, as it moves toward becoming a full-fledged bank — Mexican financial technology company Plata said on Monday it has raised up to $500 million in a financing deal arranged …
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Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI — Nvidia (NVDA.O) said on Monday it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology and steps up investments …
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The Trump administration launches US Tech Force to recruit ~1,000 staffers from Apple, Meta, xAI, and others for two-year stints to modernize the government — After pushing hundreds of thousands of government employees to leave their posts and dismantling many government technology units …
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Source: Dragoneer raised $4.3B for its seventh VC fund and now has over $30B in AUM; it raised $3.8B for its sixth private fund in 2022 — Dragoneer has raised $4.3 billion for its seventh venture capital fund, Axios has learned. … - The San Francisco-based firm raised $3.8 billion …
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Thrive Capital announces it has hired Palantir CIO Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services — Thrive Capital, the tech investment firm known for taking big stakes in companies including OpenAI, Stripe and Databricks …
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LG smart TV owners say a webOS update pinned Microsoft Copilot to TV home screens, with no apparent way to remove the app; LG unveiled an AI TV strategy at CES — Users report Copilot appearing after a recent software update, with no option to uninstall. — LG smart TV owners are reporting …
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Internal documents: Meta earned $18B+ in annual ad sales from China in 2024, making up 10%+ of its global revenue, with $3B+ linked to fraudulent ads like scams — A Reuters investigation reveals the owner of Facebook, Instagram and Whatsapp decided to accept high levels of fraudulent advertisements from China.
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Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes — Nvidia launched the new version of its frontier models, Nemotron 3, by leaning in on a model architecture that the world's …
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