Dwayne
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Adobe updates Acrobat to add new AI features, including presentation generation, file editing, and creating podcast summaries from docs stored in Adobe Spaces (Ivan Mehta/TechCrunch)
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Upscale AI, which is building AI networking infrastructure to take on Cisco, raised $200M led by Tiger, Premji Invest, and Xora Innovation at a $1B+ valuation (Dina Bass/Bloomberg)
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Sources: Elon Musk is pushing for a SpaceX IPO by July, seems eager to beat OpenAI and Anthropic to market, and views it as a way to help xAI catch its rivals (Wall Street Journal)
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YouTube CEO Neal Mohan says creators will be able to generate Shorts using their AI likenesses later in 2026, and touts AI tools for making games and music (Jay Peters/The Verge)
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YouTube CEO Neal Mohan publishes his annual letter, saying YouTube aims to reduce "AI slop" and has strengthened parental controls, and teases Shorts updates (Alex Weprin/The Hollywood Reporter)
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European VC funding rose 9% YoY to hit $58B in 2025, vs. North America's 46% YoY jump; AI led with ~$17.5B, followed by biotech's ~$13.4B and hardware's ~$10.8B (Gené Teare/Crunchbase News)
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Jensen Huang says that AI is already bringing economic benefits and needs more investment, and "the AI bubble comes about because the investments are large" (Mauro Orru/Wall Street Journal)
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OpenEvidence, which is building "ChatGPT for doctors", raised $250M led by Thrive and DST at a $12B valuation, up from $6B in October and $1B in February 2025 (Kate Rooney/CNBC)
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Salt Lake City-based Zanskar, which uses AI to find overlooked geothermal fields to boost US electricity supply, raised $115M, taking its total funding to $180M (Benoît Morenne/Wall Street Journal)
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Sensor Tower: consumers spent $85B on apps globally in 2025, up 21% YoY, and, in a first, more money went on non-game mobile apps than on games, driven by GenAI (Sarah Perez/TechCrunch)
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The BBC confirms a "strategic partnership" with YouTube to produce exclusive content, including news and YouTube channels aimed at children and young adults (Alex Ritman/Variety)
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Ukrainian-founded language learning marketplace Preply raised a $150M Series D led by WestCap at a $1.2B valuation; the startup has a 150-person office in Kyiv (Anna Heim/TechCrunch)
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Lightning AI merges with data center operator Voltage Park to create an "AI cloud" with a $2.5B valuation, managing 35,000+ Nvidia GPUs across six data centers (Iain Martin/Forbes)
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Meta CTO Andrew Bosworth: Superintelligence Labs delivered its first high-profile AI models internally in January, after just six months, which are "very good" (Jeffrey Dastin/Reuters)
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Israeli startup DataRails, which offers financial planning and analytics tools, raised a $70M Series C led by One Peak at an estimated $600M to $700M valuation (Globes)
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Chinese AI startup Zhipu says it is limiting GLM Coding Plan access after strong demand, taking only 20% of its current daily new subscriptions from January 23 (Bloomberg)
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GlobalWafers Chair Doris Hsu says the Taiwanese silicon wafer maker is preparing for phase two of its Texas plant, after unveiling plans to invest an extra $4B (Wen-Yee Lee/Reuters)
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Berlin-based Cloover, which makes software to help install solar, home batteries, and heat pumps, raised $22M from Lowercarbon and others and $1.2B in debt (Coco Liu/Bloomberg)
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How Ukraine and Russia both rely on the same Chinese drone suppliers, whose tech is vital to the war; China officially bans sensitive drone tech exports to both (Financial Times)
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US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech says AI that scores essay questions saved ~8,000 hours (Francesca Maglione/Bloomberg)
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