An internal probe into SoftBank-backed eFishery, one of Indonesia's most prominent startups, finds the agritech company allegedly faked most of its 2024 sales (Bloomberg)
https://www.bloomberg.com/news/articles/2025-01-21/softbank-backed-fish-startup-allegedly-faked-most-of-its-sales
http://www.techmeme.com/250121/p39#a250121p39
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Documents: Google gave Israel access to its latest AI tools from the early weeks of the Israel-Hamas war, directly assisting the Defense Ministry and the IDF (Gerrit De Vynck/Washington Post)
https://www.washingtonpost.com/technology/2025/01/21/google-ai-israel-war-hamas-attack-gaza/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZWFzb24iOiJnaWZ0IiwibmJmIjoxNzM3NDM1NjAwLCJpc3MiOiJzdWJzY3JpcHRpb25zIiwiZXhwIjoxNzM4ODE3OTk5LCJpYXQiOjE3Mzc0MzU2MDAsImp0aSI6IjBiNmJmNDBjLTU0MWItNGU1ZC1hNjIxLWMzZGZkOTE5MzBhOCIsInVybCI6Imh0dHBzOi8vd3d3Lndhc2hpbmd0b25wb3N0LmNvbS90ZWNobm9sb2d5LzIwMjUvMDEvMjEvZ29vZ2xlLWFpLWlzcmFlbC13YXItaGFtYXMtYXR0YWNrLWdhemEvIn0.Slz6roVET1fo7fnrGyDkWzTQZwQhdVRJgVrAGTYXNXM&itid=gfta
http://www.techmeme.com/250121/p38#a250121p38
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Filing: OpenAI spent $1.76M on lobbying in 2024, up from 2023's $260K, with focus on the AI Advancement and Reliability Act and the Future of AI Innovation Act (James O'Donnell/MIT Technology Review)
http://www.technologyreview.com/2025/01/21/1110260/openai-ups-its-lobbying-efforts-nearly-seven-fold/
http://www.techmeme.com/250121/p37#a250121p37
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Sources: a deep philosophical rift over how DOGE should operate helped spur Vivek Ramaswamy's exit, with Donald Trump's Jan. 20 EO embodying Elon Musk's vision (Washington Post)
https://www.washingtonpost.com/business/2025/01/21/elon-musk-vivek-ramaswamy-doge/
http://www.techmeme.com/250121/p36#a250121p36
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Sources: ByteDance plans to spend ~$5.5B to acquire AI chips in China in 2025, double the amount spent in 2024, with ~60% going to Chinese suppliers like Huawei (Financial Times)
https://t.co/CA7TA7kqiZ
http://www.techmeme.com/250121/p35#a250121p35
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Render, which offers developers cloud services for building, deploying, and running apps and websites, raised an $80M Series C led by Georgian (Mike Wheatley/SiliconANGLE)
https://siliconangle.com/2025/01/21/render-services-raises-80m-to-try-and-render-aws-and-other-cloud-infrastructure-platforms-obsolete/
http://www.techmeme.com/250121/p34#a250121p34
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StackBlitz, which offers an AI tool to create websites using text prompts, says it's finalizing raising $83.5M at a $700M valuation, following a $22M Series A (Bloomberg)
https://www.bloomberg.com/news/articles/2025-01-21/ai-speech-to-code-startup-stackblitz-is-in-talks-for-a-700-million-valuation
http://www.techmeme.com/250121/p33#a250121p33
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Trump grants a pardon to Ross Ulbricht, the creator of Silk Road and a cult hero in the cryptocurrency world who was serving a life sentence (New York Times)
https://www.nytimes.com/2025/01/21/technology/trump-ross-ulbricht-silk-road.html
http://www.techmeme.com/250121/p32#a250121p32
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Highnote, which offers businesses a card-issuing software, raised a $90M Series B led by Adams Street Partners, a source says at a $750M+ valuation (Stephen Pastis/Forbes)
https://www.forbes.com/sites/stephenpastis/2025/01/21/fintech-payments-startup-highnote-hits-750-million-plus-valuation/
http://www.techmeme.com/250121/p31#a250121p31
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Survey of 3,000+ game devs: 11% were laid off in the past year, 58% back unionization, 30% say generative AI is having a negative impact on the industry, more (Dean Takahashi/VentureBeat)
https://venturebeat.com/games/gdc-survey-reveals-a-rocky-year-of-layoffs-and-ai-skepticism-for-game-developers/
http://www.techmeme.com/250121/p30#a250121p30
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Trump says he would be open to Elon Musk or Larry Ellison purchasing TikTok US as part of a joint venture that would give the US government 50% ownership (Bloomberg)
https://www.bloomberg.com/news/articles/2025-01-21/trump-says-he-s-open-to-musk-or-ellison-purchasing-tiktok
http://www.techmeme.com/250121/p29#a250121p29
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Microsoft says it has a new deal with OpenAI that gives Microsoft "right of first refusal", meaning it's no longer OpenAI's exclusive cloud provider (Kyle Wiggers/TechCrunch)
https://techcrunch.com/2025/01/21/microsoft-is-no-longer-openais-exclusive-cloud-provider/
http://www.techmeme.com/250121/p28#a250121p28
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MrBeast joins an investor group led by Employer.com founder Jesse Tinsley in an all-cash bid to acquire TikTok US operations; several groups have shown interest (Alexandra S. Levine/Bloomberg)
https://www.bloomberg.com/news/articles/2025-01-21/mrbeast-internet-s-top-creator-joins-new-bid-to-buy-tiktok
http://www.techmeme.com/250121/p27#a250121p27
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OpenAI, SoftBank, and Oracle announce The Stargate Project, a JV to invest in US AI infrastructure, committing $100B now and up to $500B in the next four years (Kyle Wiggers/TechCrunch)
https://techcrunch.com/2025/01/21/openai-teams-up-with-softbank-and-oracle-on-50b-data-center-project/
http://www.techmeme.com/250121/p26#a250121p26
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Nielsen: Netflix captured 8.5% of all US streaming viewership in December 2024, its highest share since July 2023, in part due to NFL games; YouTube had 11.1% (Drew Lerner/Awful Announcing)
https://awfulannouncing.com/netflix/best-month-since-2023-nfl-christmas-games.html
http://www.techmeme.com/250121/p25#a250121p25
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Crypto.com launches its institutional exchange service for US customers; it had closed the service in June 2023 due to "limited demand" (MK Manoylov/The Block)
https://www.theblock.co/post/336128/crypto-com-launches-institutional-grade-exchange-services-in-the-united-states
http://www.techmeme.com/250121/p24#a250121p24
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Tencent unveils Hunyuan3D 2.0, an AI system that turns single images or text prompts into 3D models in seconds, and open sources it on HuggingFace and GitHub (Michael Nuñez/VentureBeat)
https://venturebeat.com/ai/tencent-introduces-hunyuan3d-2-0-ai-that-speeds-up-3d-design-from-days-to-seconds/
http://www.techmeme.com/250121/p23#a250121p23
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Netflix raises prices in the US, Canada, Portugal, and Argentina; the standard US plan rises from $15.49 to $17.99, standard with ads jumps a dollar to $7.99 (Nicole Sperling/New York Times)
https://www.nytimes.com/2025/01/21/business/media/netflix-earnings.html
http://www.techmeme.com/250121/p22#a250121p22
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Netflix reports Q4 revenue of $10.2B, up 16% YoY, an operating income of $2.3B, and 301.6M global subs, adding 18.9M subs, more than doubling Wall St. estimates (Lucas Shaw/Bloomberg)
https://www.bloomberg.com/news/articles/2025-01-21/netflix-posts-record-quarter-thanks-to-live-sports-squid-game
http://www.techmeme.com/250121/p21#a250121p21
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Perplexity debuts Sonar, an API service to let devs build AI search tools into their apps, with a base tier costing $5/1K searches and a pricier Sonar Pro tier (Maxwell Zeff/TechCrunch)
https://techcrunch.com/2025/01/21/perplexity-launches-sonar-an-api-for-ai-search/
http://www.techmeme.com/250121/p20#a250121p20
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