Many AI founders now find it necessary to raise at valuations requiring absolute domination of the field; Brex, once valued at $12B, shows the downsides of this (Jason Lemkin/SaaStr)
A profile of Mercor, which pays about $2M daily to ~30K experts training AI models at $95/hour on average, with roles like radiologists earning up to $375/hour (Bethan Staton/Financial Times)
Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected during the winter storm, partly due to data center needs (Tim McLaughlin/Reuters)
Meta's decision to deprioritize VR in favor of AI and internet-connected glasses has chilled the VR industry, leading to concerns about its future (Jonathan Vanian/CNBC)
Tests show GPT-5.2 on ChatGPT citing Grokipedia as a source on a wide range of queries, including on Iranian conglomerates and Holocaust deniers (Aisha Down/The Guardian)
Source: OpenAI mulls new tools to help business users understand the financial benefits of using its products and has made changes to its sales force strategy (The Information)
SanDisk's stock has surged ~1,000% in the past five months, driven by AI demand for its chips, which have a cost advantage thanks to its 20-year JV with Kioxia (Matt Phillips/Sherwood News)
Nifty Gateway, the NFT trading platform which had facilitated $300M in sales by mid-2021, enters withdrawal-only mode and plans to shut down on Feb. 23, 2026 (CoinDesk)
Source: Databricks obtained $1.8B in fresh debt and now has over $7B in debt ahead of a potential IPO; it raised $4B+ in December at a $134B valuation (Jordan Novet/CNBC)
Source: Binance considers reintroducing stock tokens after removing them in 2021; OKX, Kraken, Bitget, and others are expanding their tokenized stock offerings (Yueqi Yang/The Information)
Source: smart ring maker Oura plans a tender offer for early investors at a 25% discount to its $11B valuation from Series E, aiming to stay private longer (Bloomberg)
Sources: Apple expanded the job of hardware chief John Ternus to manage design teams at the end of 2025, solidifying his status as a leading CEO candidate (Mark Gurman/Bloomberg)
Substack launches its Substack TV app for Apple TV and Google TV in beta for free and paid subscribers, with access matched to their current subscription levels (On Substack)
Sources: Anthropic's revenue run rate hit $9B+ at the end of 2025, up from $4B in July 2025; Iconiq, Lightspeed, and Menlo are set to join its new funding round (Bloomberg)
ElevenLabs launches an album of original tracks made by artists like Liza Minnelli and Art Garfunkel in "collaboration" with its Eleven Music AI model (Todd Spangler/Variety)