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Paris-based online corporate event booking marketplace Naboo raised a $70M Series B led by Lightspeed with participation from Notion Capital, ISAI, and Ternel (Tamara Djurickovic/Tech.eu)
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A court filing in the iyO-OpenAI trademark case reveals OpenAI won't use the name "io" for its AI device, which isn't expected to ship before February 2027 (Maxwell Zeff/Wired)
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As OpenAI prepares to retire GPT-4o on February 13, sources say it was scrapped partly because OpenAI struggled to contain 4o's potential for harmful outcomes (Sam Schechner/Wall Street Journal)
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London-based Tem, which uses AI to optimize energy transactions for businesses, raised a $75M Series B led by Lightspeed, a source says at a $300M+ valuation (Tim De Chant/TechCrunch)
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OpenAI Responds to Critical Super Bowl Commercials by Putting Ads in ChatGPT (Ece Yildirim/Gizmodo)
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In opening statements in New Mexico's suit against Meta, state prosecutors argue Meta misrepresented the safety of its platforms, as Meta's attorney pushes back (Morgan Lee/Associated Press)
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Farcaster co-founders Dan Romero and Varun Srinivasan, along with the team at Merkle, join stablecoin startup Tempo after Merkle's sale of Farcaster to Neynar (Kyle Baird/The Block)
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Sources: the White House is drafting a voluntary pact seeking commitments from tech companies to ensure data centers don't raise electricity prices and more (Politico)
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Sources: the Trump administration plans to spare US hyperscalers from upcoming tariffs on chips; exemptions would be based on TSMC's US investment commitments (Aime Williams/Financial Times)
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The US NLRB abandons its 2024 case accusing SpaceX of illegally firing eight engineers and signals it will steer clear of future cases against the company (Josh Eidelson/Bloomberg)
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Chipmaker Onsemi reports Q4 revenue down 11% YoY to $1.53B, vs. $1.54B est., as its two biggest business units continue to post sales declines; ON drops 4%+ (Katherine Hamilton/Wall Street Journal)
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Sources: crypto exchange Backpack, built by ex-FTX and Alameda leaders, is in talks to raise $50M at a $1B pre-money valuation, reports $100M+ in annual revenue (Ryan Lawler/Axios)
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Oxide Computer, which lets companies build their own cloud, raised $200M led by USIT, taking its total funding to nearly $390M since its 2019 founding (Chris Metinko/Axios)
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Sources: Stripe is in talks to launch a tender offer that could value the company at $140B+, up from $107B last fall, when it bought back shares from investors (Lucinda Shen/Axios)
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An eight-month study at a US tech company finds AI tools didn't reduce work but intensified it, as employees worked faster and took on a broader range of tasks (Harvard Business Review)
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OpenAI says ads in ChatGPT are not eligible to appear near "sensitive or regulated topics like health, mental health or politics" (Madison Mills/Axios)
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OpenAI says it has started testing ads in ChatGPT in the US for logged-in adult users on the Free and Go tiers and that the ads do not change ChatGPT answers (OpenAI)
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Lyft launches teen accounts in the US more than two years after Uber, with safety features such as PIN verification, real-time tracking, and audio recordings (Samantha Subin/CNBC)
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Neara, which builds digital twins of critical infrastructure to help prepare for disasters, raised a AU$90M Series D, a source says at a AU$1.1B valuation (Rhiannon Hoyle/Wall Street Journal)
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Sources: Alphabet has attracted more than $100B of orders for a bond sale that's expected to be about $15B (Brian W Smith/Bloomberg)
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