Techmeme: South Korean AI chip maker Rebellions completes its merger with Sapeon Korea, SK Telecom's AI chip subsidiary; Rebellions values the merged entity at ~$929M (Jie Ye-eun/The Korea Herald)

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Kyle Wiggers / TechCrunch:

AWS announces AWS Security Incident Response to help customers prepare for, respond to, and recover from cybersecurity incidents, including ransomware attacks — Companies often struggle with how to respond to cybersecurity incidents. According to one recent poll, only three …

More: Amazon Web Services, Inc. and TechCrunch

Maria Deutscher / SiliconANGLE:

AWS adds new generative AI features to Amazon Connect, which helps companies run their contact centers, including letting Lex-powered assistants use Amazon Q — Amazon Web Services Inc. is adding more artificial intelligence features to its Amazon Connect service, which helps companies run their contact centers more efficiently.

More: TechCrunch and Amazon Web Services, Inc.

Laura Dobberstein / The Register:

The UN's ITU and the International Cable Protection Committee announce a 40-member global advisory body to support the resilience of submarine telecom cables — On the same day that a submarine cable suspected of having been cut by a Chinese ship was repaired, two major telco bodies convened …

More: The Record, ITU, and Total Telecom

Bloomberg:

Analysis: US spot bitcoin ETFs now hold 1M+ bitcoin, or about 5% of the total and about as many bitcoin frozen in Satoshi Nakamoto's wallet — - ‘Bitcoin OGs no longer have control,’ says longtime investor — ETFs now hold about as many Bitcoin as Satoshi's wallet

More: Cryptopolitan and Financial Times. Bluesky: @bloomberg.com

Bloomberg:

Analysis: US spot bitcoin and ether ETFs logged record monthly net inflows, $6.5B and $1.1B, respectively, in November 2024, buoyed by Trump's crypto embrace — - Crypto market up over $1 trillion since Trump's election win — Traders expect US regulators to pivot to a friendlier stance

More: PYMNTS.com and Cryptopolitan

Wall Street Journal:

Sources: a number of tech executives, including Sam Altman, worry that Elon Musk's new proximity to Trump could supersize rivalries in ways that favor Musk — OpenAI's Sam Altman ranks high on the billionaire's list of enemies; car companies and tech giants scramble for allies in the incoming Trump administration

More: Washington Examiner and Forbes

Bluesky: @definite and @jasoncross.org

X: @wsjbusiness and @brij

Kyle Wiggers / TechCrunch:

Elon Musk files for an injunction to halt OpenAI's for-profit transition, alleging that OpenAI is discouraging investors from backing rivals like xAI, and more

More: CourtListener, Business Today, Interesting Engineering, Mashable, Cointelegraph, Cryptopolitan, PYMNTS.com, Benzinga, SiliconANGLE, NBC News, Engadget, Bloomberg, PCMag, The Verge, The Decoder, WinBuzzer, Neowin, Agence France-Presse, The Indian Express, Business Insider, Tech in Asia, The Information, and CoinGape

Bluesky: @carnage4life, @edzitron.com, @secure-circuit, @dead.place, and @romitmehta.com. Mastodon: @Kierkegaanks@beige.party

X: @florian4gamers, @elonmusk, @edzitron, @andrewcurran_, @brian__gong, and @andrewcurran_

Forums: r/aiwars, r/law, r/OpenAI, r/singularity, and r/ChatGPT

Bloomberg:

Inside Helsinki's Slush 2024, a startup event described as a mix of TED Talks, Eurovision, and Shark Tank, attended by ~13K people, with LPs up 46% YoY to 350+ — The saunas were hot and the money was flowing at Slush, which featured demos, DJs and a growing emphasis on defense technology.

More: Slush on YouTube, Slush on YouTube, Slush on YouTube, Slush on YouTube, Slush on YouTube, Slush on YouTube, Slush on YouTube, Slush on YouTube, Slush on YouTube, and Slush on YouTube

Bluesky: @thomwolf. Threads: @benedictevans. LinkedIn: Slush

Ian Hogarth / Financial Times:

VC firm Plural's cofounder says Europe, which is yet to create a $1T company, must start supporting experienced founders and start providing “audacious capital” — In 2024, artificial intelligence is consistently front-page news. From Nvidia hitting a trillion-dollar market cap …

More: Spyglass. Mastodon: @carnage4life@mas.to and @chetwisniewski …

X: @drrichjlaw, @soundboy, and @dorialexander

LinkedIn: Nils G., Peter Fedoročko, Yann LeCun, Maria Wasastjerna, Klen Jäärats, and William Kadouch-Chassaing. Forums: r/neoliberal

Jie Ye-eun / The Korea Herald:

South Korean AI chip maker Rebellions completes its merger with Sapeon Korea, SK Telecom's AI chip subsidiary; Rebellions values the merged entity at ~$929M — Rebellions CEO Park Sung-hyun (Rebellions) — Artificial intelligence startup Rebellions said Monday that it has completed …

More: The Korea Times, Rebellions, and KED Global

Yang Jie / Wall Street Journal:

Sources: BYD's contract-manufacturing arm, which has 10K+ engineers and ~100K employees dedicated to the Apple's supply chain, now assembles 30%+ of all iPads — BYD has grown into a top iPad assembler and has put around 100,000 people to work for Tim Cook's company

Bluesky: @shreyassudhakar.com. LinkedIn: Christian M. Bucholdt

Financial Times:

London-based 9fin, a data provider for debt markets, raised a $50M Series B led by Highland Europe, sources say at a ~$500M valuation on current ARR of ~$25M — Founder of London-based 9fin predicts winning research company could generate $1bn a year in revenue

Bloomberg:

Q&A with Nokia CEO Pekka Lundmark on Nokia's mobile phone failure, moving from mobile and fixed networks into data centers and defense, fine-tuning 5G, and more — Pekka Lundmark sees opportunities for the Finnish communications company to grow in defense and data centers.

X: @business

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