PayPal hires HP’s Enrique Lores as its new CEO
PayPal is appointing CFO and COO Jamie Miller as interim CEO until March 1.
Sam Altman would like remind you that humans use a lot of energy, too
“It also takes a lot of energy to train a human.”
Others
Peak XV says internal disagreement led to partner exits as it doubles down on AI
Peak XV is transitioning board roles and opening a U.S. office while continuing to view India as its largest market.
India’s Supreme Court to WhatsApp: ‘You cannot play with the right to privacy’
India’s top court is investigating WhatsApp’s data-sharing model, monopoly power, and user consent.
Vema predicts cheap hydrogen could change where data centers are built
Vema Hydrogen drills wells to stimulate hydrogen production deep underground, which could result in some of the cheapest hydrogen available.
Avalanche thinks the fusion power industry should think smaller
Avalanche has raised $29 million in fresh funding to pursue its unique approach to fusion power, which can currently fit on a table.
Fintech CEO and Forbes 30 Under 30 alum has been charged for alleged fraud
The startup CEO says she plans to publicly address the charges this week.
Waymo raises $16B to scale robotaxi fleet internationally
The round, led by Dragoneer Investment Group, DST Global, and Sequoia Capital, now values the autonomous vehicle company at $126 billion.
Elon Musk’s SpaceX officially acquires Elon Musk’s xAI, with plan to build data centers in space
The merger creates the world’s most valuable private company, and paves the way for Musk to try and prove out the usefulness of space-based data centers.
China is leading the fight against hidden car door handles
The Chinese government issued a new rule that goes into effect January 1, 2027.
Adobe Animate is shutting down as company focuses on AI
Adobe Animate will be discontinued on March 1, 2026, as Adobe shifts its focus to AI.