The Plaintiff
On January 17, Elon Musk filed for up to $134 billion in damages against OpenAI for abandoning its founding principles. The same day, the EPA ruled his AI company broke federal law to build data centers, and California's attorney general demanded it stop generating child sexual abuse material. One day. Three stories. The same company.
TrendForce: data centers will use 70%+ of the high-end memory chips all manufacturers will produce in 2026, with little new manufacturing capacity until 2027
AI companies' need for a type of once-affordable microchip threatens to drive up prices of all electronics—and limit data-center ambitions
Luminate 2025 report: the global music industry hit 5.1T streams, up 9.6% YoY and a single-year record; AI artist Xania Monet had 125M on-demand audio streams
The global music industry hit 5.1 trillion streams in 2025. It's a new single-year record, up 9.6% from 2024, which held the previous record.
A look at Michael Saylor's Strategy, known for buying bitcoin via creative financing strategies, as its stock trades way below its peak amid the crypto downturn
Had you glanced too quickly at the crowd packed into Michael Saylor's Tuscan-style Miami compound, you might have assumed it was just another rich dude's party.
Micron signs a letter of intent to buy a fabrication site in Taiwan from Powerchip for $1.8B to expand DRAM memory chip production, expected to close in Q2 2026
Micron Technology Inc. has signed a letter of intent to buy a fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp …
Beaconcha.in: a record ~36M ethereum tokens, or 30% of ethereum's total supply, worth ~$119B, are now staked, as institutional investors grow their share
The new record comes as institutional players grow their share in the staking scene. Ether.fi, a restaking protocol known …
Adobe's stock has slumped more than 45% since the end of 2023, reflecting analyst concerns over the threat of AI-driven disruption to SaaS companies
Concern that Adobe Inc. will struggle in the artificial-intelligence era has driven Wall Street analysts' view on the maker of software …
Filing: Elon Musk seeks $79B-$134B damages from OpenAI and Microsoft, alleging OpenAI defrauded him by abandoning nonprofit roots and partnering with Microsoft
Elon Musk wants OpenAI Inc. and Microsoft to pay him damages in the range of $79 billion to $134 billion over his claims …
Sources: following investor backlash, Monzo to give outgoing CEO TS Anil an expanded role after he steps down in February; he is likely to retain a board seat
OpenAI plans to test ads below ChatGPT replies for users of free and Go tiers in the US; source: OpenAI expects to make “low billions” from ads in 2026
$500bn start-up seeks ways to fund expansion and fend off competition from rivals Google and Anthropic
Appfigures: Sora 2 had ~6M iOS downloads as of December 2025; the Android version, available since early November 2025, had ~3.1M, as growth begins to slow
The app racked up 1 million downloads in its first five days, despite being iOS-only and requiring an invite.
ZachXBT: a crypto user lost $282M+ in BTC and LTC in a hardware wallet social engineering scam; XMR jumped as the attacker began converting the funds to Monero
Partner offers — Quick Take — XMR hit an all-time high of $797.73 on Jan. 14, coinciding with a series …
Sources: the EU's cybersecurity proposal, to be presented on Jan. 20, is expected to phase out vendors such as Huawei from the bloc's critical infrastructure
Proposed Cybersecurity Act would phase out groups such as Huawei and ZTE from telecom networks and solar energy systemsForums:r/EU_EconomicsForums:r/EU_Economics:Brussels in move to bar Chinese suppli...
Luxembourg-based Hydrosat, which builds AI-based thermal infrared satellite tech to provide data for water resource management and more, raised a $60M Series B
Anthropic appoints Irina Ghose, a former Microsoft India managing director, to lead its business in India, which has the second-largest user base for Claude
The US EPA rules that xAI acted illegally by using dozens of methane gas turbines to power its Colossus 1 and Colossus 2 data centers in the Memphis area
Win for Memphis activists who say ‘Colossus’ facilities add extra pollution to already overburdened communities
Grid operator PJM plans to require large data centers to either bring their own power generation or curtail electricity use to prevent a large-scale outage
Grid operator PJM Interconnection on Friday unveiled a plan to manage surging power demand from data centers that Big Tech needs …
Sources: suppliers of parts for Nvidia's H200 chips have paused production after Chinese customs officials blocked shipments of the AI processors
Parts makers concerned about whether Beijing will allow imports of AI processors — Suppliers of parts for Nvidia's H200 chips …
Sources: leaders at Thinking Machines Lab confronted Barret Zoph over an alleged relationship with another employee, who is no longer at the lab, in summer 2025
Leaders at Mira Murati's Thinking Machines Lab confronted the startup's cofounder and former CTO, Barret Zoph …
Anthropic makes Claude Cowork available to $20/month Pro subscribers, after launching it for Max users, and says Pro users may hit their usage limits sooner
Pro subscribers can have Claude can handle simple tasks on their computer. — Claude Cowork, Anthropic's AI assistant for taking care …
California's AG sends a cease-and-desist letter to xAI, demanding the company halt the generation and distribution of non-consensual intimate images and CSAM
California's attorney general on Friday sent a cease and desist letter to xAI, demanding the company immediately halt the creation …
Google says it's appealing the US v. Google ruling that found it has an illegal search monopoly and asks a court to pause some of the remedies during the appeal
In the meantime, it's asking a court to pause remedies meant to restore competition.
Sources: Anchorage Digital, the first federally chartered US digital asset bank, is seeking to raise $200M to $400M, ahead of a possible IPO in 2027
Anchorage Digital, whose affiliate is the first federally chartered US digital-asset bank, is seeking to raise fresh capital as it explores …
Sources: Google is in talks with broadband operator Radiate to set up a JV to hold their fiber assets; Stonepeak Partners will invest $1B to support the deal
Sources: ElevenLabs seeks to raise hundreds of millions at a valuation of $11B, four months after a secondary share sale that valued it at $6.6B
Some top California Democrats join Governor Gavin Newsom in opposing a ballot initiative led by a healthcare union seeking a one-time 5% tax on $1B+ in assets
FTC Chairman Andrew Ferguson says the agency is examining Big Tech's acqui-hires to make sure “they are not an attempt to get around” its merger review process
TikTok has launched a standalone micro drama app, PineDrama, in the US and Brazil, offering vertical serialized shows for free without ads or paywalls for now
Vietnam's military-run telecom company Viettel begins construction of the country's first chip plant, with trial production expected to start by late 2027
Istanbul-based TaleMonster Games, the studio behind the puzzle game Match Valley, raised a $30M Series A led by Arcadia Gaming Partners and a16z
A profile of Wikipedia as it faces myriad challenges, including attacks from Elon Musk and the far right, reduced traffic due to AI, and a legal battle in India
DoorDash Chief Revenue Officer Lee Brown is departing the delivery app company after less than six months; long-term VP Shanna Prevé will succeed Brown as CRO
Cloudflare acquires AI data marketplace Human Native for an undisclosed sum to help it develop a system where AI developers pay creators for training content
ClickHouse, a Snowflake challenger that offers an OLAP database management system, raised $400M led by Dragoneer at a $15B valuation, up from $6.35B in May 2025
OpenAI expands its ChatGPT Go tier to the US and the rest of the world, after launching it in India and some other countries; it will cost $8/month in the US
'ChatGPT Go' is available worldwide for $8 per month. … OpenAI is expanding a low-cost subscription tier called ChatGPT Go to the US and the rest of the world.
OpenAI will match ads to conversation topics using some personalization data, but says it will not sell user data or expose user conversations to advertisers
OpenAI says ads will not influence ChatGPT's responses, and that it won't sell user data to advertisers.
Analysis: Colossus 2, one of the world's largest AI datacenters, uses roughly the same water resources required to supply 2.5 typical In-N-Out Burger locations
It turns out, about twice that of a Burger restaurant. …
Claude Code represents a “ChatGPT moment repeated” and an “extinction-level event” for horizontal software companies focused on human-oriented consumption
and why that's awful news for software stocks
Micron breaks ground in New York for its memory manufacturing complex, announced in 2022, that it says will be the largest semiconductor facility in the US
a $100B investment, the largest private investment in the state's history. This historic project will create 50,000 jobs and strengthen America's semiconductor manufacturing capacity—producing [video]...
Unsealed docs from Elon Musk's OpenAI lawsuit, set for a jury trial on April 27: Sutskever's concerns about treating open-source AI as a “side show”, and more
The case is going to jury trial in April, and based on the evidence that has been unsealed so far, it's going to be a wild one sources.news/p/20-revelat...