Bloomberg:
Credit derivatives trading on specific tech companies continues to rise, amid concerns that they may be borrowing too much to fuel AI development  —  Debt investors are worried that the biggest tech companies will keep borrowing until it hurts in the battle to develop the most powerful artificial intelligence.

Zack Abrams / The Block:
Vitalik Buterin, who backed Polymarket, says he's “starting to worry” that prediction markets “seem to be over-converging to an unhealthy product market fit”  —  Quick Take  — Ethereum co-founder Vitalik Buterin warned that prediction markets are “over-converging” …

Matthew Chin / CNBC:
Sensor Tower: TikTok's US DAUs are at ~95% of the week of Jan. 19, with engagement metrics showing little sign of a mass exodus since its Jan. 23 US takeover  —  TikTok's U.S. joint venture seems to have survived a turbulent rollout with minimal change in usership, as early narratives …

Jagmeet Singh / TechCrunch:
Bengaluru-based C2i Semiconductors, building a “grid-to-GPU” power system for datacenters, raised a $15M Series A led by Peak XV, bringing total funding to $19M  —  Power, rather than compute, is fast becoming the limiting factor in scaling AI data centers.

Todd Spangler / Variety:
Following Disney, Paramount sent a cease-and-desist letter to ByteDance, alleging its AI-generated Seedance videos and Seedream images infringed Paramount's IP  —  Disney also sent a legal demand to Chinese internet company  —  Paramount Skydance accused ByteDance of engaging in …