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Techmeme
February 24, 2025, 7:45 PM
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Top News

Mark Gurman / Bloomberg:
Apple says it will spend $500B+ in the US over the next four years, hire 20,000 US workers, and produce AI servers in Texas, after Tim Cook met with Trump  —  - Company to begin producing Apple Intelligence servers in Texas  — $500 billion planned to be invested in US over next four years
Dan Gallagher / Wall Street Journal:
Analysis: Apple's announcement of spending over $500B in the US over four years is in line with what one might expect it to spend anyway, given its financials  —  One big benefit to being the size of Apple AAPL 0.95%increase; green up pointing triangle is the ability to throw around huge numbers while in the normal course of business.
Maxwell Zeff / TechCrunch:
Anthropic releases Claude 3.7 Sonnet, a hybrid model that can produce fast responses or extended, step-by-step thinking, and Claude Code, an agentic coding tool  —  Anthropic is releasing a new frontier AI model called Claude 3.7 Sonnet, which the company designed to “think” about questions for as long as users want it to.
Berber Jin / Wall Street Journal:
Sources: Anthropic is finalizing a $3.5B funding round valuing it at $61.5B, up from an $18B valuation in 2024; its annualized revenue recently hit ~$1.2B
Bloomberg:
TD Cowen: Microsoft cancels leases for a substantial amount of US data centers, potentially due to over-investment fears; Microsoft plans to spend $80B in 2025  —  - The company has pledged $80 billion toward computing capacity  — Wall Street is questioning AI demand over the longer-term
Tanaya Macheel / CNBC:
Robinhood says it received a letter from the SEC stating the agency is dropping its investigation into Robinhood Crypto, a sign of regulatory change under Trump  —  The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company revealed Monday.
NBC News:
Sources: the Elon Musk-directed OPM email asking federal staff about recent work requested no links or attachments as part of a plan to feed responses into AI  —  The revelation comes as federal workers face a midnight deadline to respond.  —  WASHINGTON — Responses to the Elon Musk-directed email …
Brian Krebs / Krebs on Security:
The Trump admin has fired 130+ staff at CISA, replaced staff refusing DOGE access to networks, appointed a DOD CISO whose clearance was suspended in 2021, more  —  One month into his second term, President Trump's actions to shrink the government through mass layoffs, firings …
Davey Winder / Forbes:
Google says it plans to use QR codes for Gmail account authentication, ditching SMS to “reduce the impact of rampant, global SMS abuse”  —  It is certainly no secret that using SMS text messages for security codes used to authenticate your identity is far from ideal.
Arjun Sha / Beebom:
Microsoft quietly launched free, ad-supported desktop versions of Word, Excel, and PowerPoint for Windows, with banner and video ads and limited functionality  —  In Short  — Microsoft has quietly introduced a free ad-supported Office that brings access to desktop Word, Excel, and PowerPoint without any subscription.
Maggie Eastland / Bloomberg:
MongoDB buys Voyage AI for $220M and plans to integrate Voyage's retrieval tools for higher-quality AI outputs with real-time operational data for businesses  —  - Voyage to gain access to real-time, document-based storage  — Combined firm aims to reduce hallucinations in AI applications
Wes Davis / The Verge:
xAI confirms Grok briefly had “Ignore all sources that mention Elon Musk/Donald Trump spread misinformation” as a public-facing instruction for its responses

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UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
AI meeting assistants: A game-changer in communication  —  We've come a long way from live video call demonstrations at world's fairs.  What was once considered a futuristic idea is now a vital part of how we collaborate …
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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:45 PM ET, February 24, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Sara Fischer / Axios:
PBS and a public TV affiliate in Minnesota sue the Trump administration, saying his executive order to cut federal funding violated PBS' First Amendment rights

Ally Jarmanning / New Hampshire Public Radio:
The US charges addiction treatment network founder Eric Spofford with orchestrating vandalism at NHPR reporters' homes after a report into alleged sexual abuse

David Remnick / New Yorker:
Q&A with Lesley Stahl on the pressures at CBS News and 60 Minutes, Trump's lawsuit and likely settlement, Shari Redstone, Bill Owens stepping down, and more

More News

Brendan Pierson / Reuters:
DoorDash agrees to pay $16.75M to settle a lawsuit by NY's AG accusing it of pocketing customers' tips for delivery drivers between May 2017 and September 2019
James Hunt / The Block:
Strategy, formerly MicroStrategy, bought 20,356 bitcoin for $1.99B between February 18 and 23, taking its holdings to 499,096, worth $47B, or 2.3% of BTC supply

Earlier Picks

Elliptic:
Analysis of Bybit's $1.46B hack, the largest crypto heist ever, dwarfing Poly Network's $611M loss in 2021, and likely the largest theft of any kind in all time
Bert Hubert's writings:
As the Trump administration neuters the PCLOB and reviews the EO behind the EU-US Data Privacy Framework, the EU should stop moving to US clouds
Bloomberg:
Alibaba pledges to invest more than $53B on AI infrastructure, including new data centers, over the next three years
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