TSMC reports Q4 net profit up 35% YoY to a record ~$16B, handily beating estimates, as it benefited from surging demand for AI chips (Reuters) https://www.reuters.com/world/china/tsmc-q4-profit-jumps-35-record-beats-expectations-2026-01-15/
Techmeme
TSMC reports Q4 net profit up 35% YoY to a record ~$16B, above $15.17B est., as it benefited from surging demand for AI chips and hit $100B in 2025 revenue
From Reuters. View the full context on Techmeme.
Sources: China is drafting rules for Nvidia H200 purchases, limiting how many chips local companies can buy and requiring them to justify the need (Nikkei Asia)
Nikkei Asia
China drafting purchase rules for Nvidia H200 chips
Beijing wants to boost domestic industry, but big tech companies need top hardware
Techmeme
Sources: China is drafting Nvidia H200 purchase rules, limiting how many chips local companies can buy and requiring them to justify the need, instead of a ban
From Nikkei Asia. View the full context on Techmeme.
A source close to Thinking Machines alleged that ex-CTO Barret Zoph, who is returning to OpenAI, had shared confidential company information with competitors (Maxwell Zeff/Wired)
WIRED
Two Thinking Machines Lab Cofounders Are Leaving to Rejoin OpenAI
The departures are a blow for Thinking Machines Lab. Two narratives are already emerging about why they happened.
Techmeme
A source close to Thinking Machines Lab alleges ex-CTO Barret Zoph, who is returning to OpenAI, had shared confidential company information with competitors
By Maxwell Zeff / Wired. View the full context on Techmeme.
GlobalFoundries agrees to acquire Synopsys' ARC processor IP business, which includes ARC-V (RISC-V) and ARC CPU IP, and integrate it into its MIPS business (Nitin Dahad/EE Times) https://www.eetimes.com/globalfoundries-mips-to-buy-arc-ip-business-from-synopsys/
Techmeme
GlobalFoundries agrees to acquire Synopsys
By Nitin Dahad / EE Times. View the full context on Techmeme.
Bengaluru-based edtech startup Emversity raised a $30M Series A led by Premji Invest, sources say at a $120M post-money valuation, up from $60M in April 2025 (Jagmeet Singh/TechCrunch)
TechCrunch
India's Emversity doubles valuation as it scales workers AI can't replace | TechCrunch
Emversity has raised $30 million in a new round as it scales job-ready training in India.
Techmeme
Bengaluru-based edtech startup Emversity raised a $30M Series A led by Premji Invest, sources say at a ~$120M post-money valuation, up from ~$60M in April 2025
By Jagmeet Singh / TechCrunch. View the full context on Techmeme.
Verizon says that it resolved "an issue impacting wireless voice and data services" that caused 100,000+ customers to lose reception for 10+ hours on Wednesday (Jacob Krol/TechRadar)
TechRadar
Verizon outage: Service restored after a
The carrier has confirmed it was caused by a
Techmeme
Verizon fixes “an issue impacting wireless voice and data services” that caused 100K+ users to lose reception for 10+ hours on January 14 and gives a $20 credit
By Jacob Krol / TechRadar. View the full context on Techmeme.
CoinDesk Data: Binance's market share of spot crypto trading fell to 25% in December, its lowest since 2021, and it is also losing ground in derivatives trading (Sidhartha Shukla/Bloomberg)
Bloomberg.com
Binance’s Spot Crypto Trading Market Share Falls to Lowest Since Early 2021
Binance’s grip on global crypto trading is weakening as rivals pick up market share and traders shift to new ways of buying and selling digital a...
Techmeme
CoinDesk data: Binance
By Sidhartha Shukla / Bloomberg. View the full context on Techmeme.
Project Eleven, which builds tools to prepare blockchains for post-quantum threats, raised a $20M Series A led by Castle Island at a $120M post-money valuation (Yogita Khatri/The Block) https://www.theblock.co/post/385583/project-eleven-series-a-funding-crypto-quantum-threats
Techmeme
Project Eleven, which builds tools to prepare blockchains for post-quantum threats, raised a $20M Series A led by Castle Island at a $120M post-money valuation
By Yogita Khatri / The Block. View the full context on Techmeme.
Thinking Machines parts ways with CTO Barret Zoph, with Soumith Chintala taking over the role; sources say the termination is due to "unethical conduct" (Kylie Robison/@kyliebytes)
X (formerly Twitter)
Kylie Robison (@kyliebytes) on X
BREAKING: Thinking Machines has terminated its CTO, Barret Zoph, due to unethical conduct according to two sources familiar with the matter. CEO Mi...
Techmeme
Thinking Machines Lab parts ways with CTO Barret Zoph, with Soumith Chintala taking over the role; sources say the termination is due to “unethical conduct”
By Kylie Robison / @kyliebytes. View the full context on Techmeme.
Fidji Simo says Barret Zoph, Luke Metz, and Sam Schoenholz are returning to OpenAI, a move which "has been in the works for several weeks" (Fidji Simo/@fidjissimo)
X (formerly Twitter)
Fidji Simo (@fidjissimo) on X
Excited to welcome Barret Zoph, Luke Metz, and Sam Schoenholz back to OpenAI! This has been in the works for several weeks, and we’re thrilled to...
Techmeme
Fidji Simo says Barret Zoph, Luke Metz, and Sam Schoenholz have returned to OpenAI from Thinking Machines Lab and “this has been in the works for several weeks”
By Fidji Simo / @fidjissimo. View the full context on Techmeme.