PitchBook: the biggest US private startups raised $150B in 2025, surpassing the previous high of $92B in 2021, boosted by large funding rounds by AI startups (George Hammond/Financial Times)
A Kapwing study of the 15,000 top YouTube channels finds 278 of them have only posted AI-generated "slop" videos, amassing 63B+ views and 221M+ subscribers (Aisha Down/The Guardian)
Sources: SoftBank is in advanced talks to buy NYSE-listed DigitalBridge, a private equity firm that invests in data centers and digital infrastructure operators (Bloomberg)
Since the GENIUS Act's passage in July, the total value of stablecoins circulating rose from ~$250B to $300B+, as they become the "respectable" face of crypto (Joel Khalili/Wired)
Sources and a memo: the US DOJ is using a novel reading of a federal anti-fraud law to probe contractors, including Google and Verizon, over their DEI programs (Lydia Wheeler/Wall Street Journal) https://www.wsj.com/politics/policy/trump-doj-dei-fraud-investigations-93213d52
Big Tech got almost everything it wanted from President Trump, as he backs policies that allow the industry to grow unfettered, worrying some conservatives (Cecilia Kang/New York Times)
How tech worker activism has grown more cautious as companies crack down and once-privileged workers realize they don't have much leverage (Noam Scheiber/New York Times)
Global hotel groups are intensifying efforts to get customers to book directly, as they seek to save on online platform commissions and prepare for AI agents (Stephanie Stacey/Financial Times)
Lou Gerstner, a former IBM CEO and chairman credited with turning the company around, died at 83; IBM's market value rose from $29B to ~$168B during his tenure (Patrick Oster/Bloomberg)
How executives at humanoid robot startups like Agility Robotics and Weave Robotics are managing safety risks and tempering expectations for the technology (Sean McLain/Wall Street Journal) https://www.wsj.com/tech/ai/humanoid-robot-hype-use-timeline-1aa89c66?st=6fsdG7&reflink=desktopwebshare_permalink