Techmeme
February 15, 2025, 3:10 AM

Top News

New York Times:
OpenAI's board rejects the $97.4B bid by Elon Musk and a consortium of investors, saying they reject “Musk's latest attempt to disrupt his competition”  —  Bret Taylor, the chairman of OpenAI's board, said the artificial intelligence company was “not for sale.”
Mark Gurman / Bloomberg:
Sources: Meta plans major investment in AI-powered humanoid robots, with an initial focus on household chores, and has formed a new team within Reality Labs  —  - Company is aiming to be the engine powering humanoid market  — Ex-Cruise CEO Marc Whitten to run new group in Reality Labs
Bloomberg:
Source: TSMC is considering taking a controlling stake and fully running Intel's US factories after a Trump team request, as Trump aims to boost manufacturing  —  - TSMC would take controlling stake in potential partnership  — Administration aims to boost manufacturing of advanced chips
Brody Ford / Bloomberg:
Sources: Dell nears a $5B deal to provide servers with Nvidia's GB200 chips for xAI's supercomputer project in Memphis  —  - Musk's AI startup developing supercomputer project in Memphis  — Dell working to win large share of xAI's Memphis build-out  —  Dell Technologies Inc …
Michael Nuñez / VentureBeat:
Perplexity releases Deep Research, offering five queries daily to free users and 500 to subscribers, available now on the web and soon on iOS, Android, and Mac  —  Perplexity shattered the artificial intelligence market's status quo today by launching Deep Research, a tool …
Mark Gurman / Bloomberg:
Sources: Apple's overhaul of Siri faces engineering problems and software bugs; some features, planned for April, may have to be postponed until May or later  —  - Software's makeover is key to Apple Intelligence ambitions  — New Siri features slated for April at risk of being postponed
Scharon Harding / Ars Technica:
In an AMA, Steve Huffman says Reddit is planning to roll out paid subreddits in 2025 and is “laying the foundation” to monetize commerce within subreddits  —  Huffman previously showed interest in potentially introducing a new type of subreddit with “exclusive content or private areas” that Reddit users would pay to access.
Eric Geller / Wired:
Memo: CISA halts election security work and reviews related activities conducted since 2017, to comply with Trump's January 20 EO on “ending federal censorship”  —  The US Cybersecurity and Infrastructure Security Agency has frozen efforts to aid states in securing elections, according to an internal memo viewed by WIRED.
Emily Nicolle / Bloomberg:
Tether acquires a minority stake in the iconic Italian football club Juventus, as part of a broader push to integrate digital assets into sports franchises  —  Tether Holdings SA de CV said it's acquired a minority stake in Juventus Football Club SpA, as one of crypto's most valuable companies continues …
Ingrid Lunden / TechCrunch:
Meta announces Project Waterworth, a subsea cable project that will span over 50,000 km and connect five continents  —  Back in November, we broke the news that Meta — owner of Facebook, Instagram and WhatsApp, with billions of users accounting for 10% of all fixed and 22% of all mobile traffic …
Dwarkesh Patel / Dwarkesh Podcast:
Q&A with Google's Jeff Dean and Noam Shazeer on Google's path to AGI, future of Moore's Law and TPUs, inference scaling, open research, and more  —  Two of Gemini's co-leads on Google's path to AGI  —  This week I welcome on the show two of the most important technologists ever, in any field.
Bloomberg:
Sources: humanoid robot startup Figure is in talks to raise $1.5B led by Align Ventures and Parkway VC at a $39.5B valuation, up from $2.6B in February 2024  —  Backed by OpenAI and Microsoft, Figure is discussing a $1.5 billion funding round. … The deal is set to be led by Align Ventures …
J. Edward Moreno / Sherwood News:
Analysis: consumers spent $259.1B on Uber, Lyft, and DoorDash in 2024, up from $218.5B in 2023, with $162.8B on Uber, $80.2B on DoorDash, and $16.1B on Lyft  —  Lyft and DoorDash just reported their first years with net profits.  Instacart is likely next.  —  For a long time …
Hugh Son / CNBC:
Zelle's payment volume crossed $1T in 2024, the most ever for a P2P platform, user base jumped 12% YoY to 151M accounts, and the total dollars sent grew 27% YoY  —  Zelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in total volumes last year …
Eric Newcomer / Newcomer:
Sources: Lightspeed, whose bets include Wiz, Anthropic, and Stripe, returned $8B from current and active funds in the past five years, with $3B+ coming in 2024  —  I've got my hands on slides from Lightspeed's $7 billion fundraising effort  —  Lightspeed Venture Partners …

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More News

Earlier Picks

Vittoria Elliott / Wired:
David Heaney / UploadVR:
More: The Verge, Next Reality, and Reuters
Threads: @documentingmeta and @szed_arX: @gartenbergForums: r/virtualreality
Sarah Perez / TechCrunch:
Lauren Feiner / The Verge:
Ivan Mehta / TechCrunch:
Reuters: