OpenAI is reportedly trying to raise $100B at an $830B valuation
The ChatGPT maker is aiming to raise the funding by the end of the first quarter in 2026, and the company may ask sovereign wealth funds to invest in the round.
Mozilla’s new CEO says AI is coming to Firefox, but will remain a choice
Mozilla has appointed Anthony Enzor-DeMeo as its CEO, as the Firefox developer scrambles to adapt in a rapidly changing browser market.
Databricks raises $4B at $134B valuation as its AI business heats up
The data intelligence company has just raised more than $4 billion in a Series L funding round at a $134 billion valuation — up 34% from the $100 billion valuation that it achieved just three…
Nvidia reportedly weighs ramping up H200 production to meet surging demand in China
After successfully lobbying the Trump administration to approve the sales of its H200 chips to China, Nvidia is now thinking of adding capacity to produce more of the chips.
Reddit argues it isn’t like other social platforms in case against Australia’s social media ban
Reddit, one of the world’s largest social platforms, is arguing that it doesn’t meet the definition of “social media platforms” as it seeks to overturn Australia’s law banning children under 16 years of age from…
EU launches antitrust probe into Google’s AI search tools
The European Commission is investigating Google over its AI summaries.
IBM to acquire Confluent for $11B as it seeks to bolster its data offerings
IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to to bolster its data and automation products as ever more companies move their tech operations to the cloud and…
In its first DSA penalty, EU fines X €120M for ‘deceptive’ blue check verification system
The EC is taking issue with the fact that X, the social network formerly known as Twitter, has been allowing anyone to buy a “blue checkmark,” the platform’s long-standing symbol that a user has been…
EU investigating Meta over policy change that bans rival AI chatbots from WhatsApp
The European Commission is is launching an antitrust investigation into Meta’s move to ban other AI companies from using WhatsApp’s business tools to offer their own AI chatbots to users.
Black Forest Labs raises $300M at $3.25B valuation
The round was co-led by Salesforce Ventures and Anjney Midha (AMP), and saw participation from a16z, NVIDIA, Northzone, Creandum, Earlybird VC, BroadLight Capital, General Catalyst, Temasek, Bain Capital Ventures, Air Street Capital, Visionaries Club, …