Zhipu AI is going public in Hong Kong, raising over $500 million despite burning cash on R&D. Its co-founder warns the hyper-competitive, low-price model from China will soon spread globally, forcing U.S. giants like OpenAI to compete on cost.
Fortinet is launching a major channel offensive into the SMB and midmarket through a new partnership with D&H Distributing. The deal includes an exclusive enablement program and aims to capture “net-new business” worth potentially hundreds of millions of dollars.
According to a new report, Discord is gearing up for a potential IPO as soon as March. The chat platform, which walked away from a $10 billion Microsoft offer, is betting on a revived market.
Britain’s Information Commissioner’s Office has formally contacted Elon Musk’s X over its Grok AI bot. The regulator wants clarity on how the platform handles personal data when generating images, citing “serious concerns.”
Amazon has agreed to a massive $2.5 billion settlement with the FTC. The deal, reached in September 2025, includes up to $51 in refunds for eligible customers who were allegedly tricked into Prime memberships.
SkyFi has integrated Vantor’s satellite imagery, expanding its platform as a one-stop shop for Earth observation data. The deal builds on a previous partnership and aims to simplify access for commercial and government users through a self-service, software-first model.
Discord has taken the first formal step toward going public with a confidential filing. But in a market rattled by tariffs, shutdowns, and AI selloffs, this long-awaited move is far from a sure thing.
Google is updating its advertising policy to permit ads for regulated prediction markets starting in 2026. The move is tightly restricted to platforms approved by the CFTC and brokerages authorized by the NFA, all requiring Google certification.
Kuaishou, a major competitor to TikTok, is weighing its debut offshore bond offering. The move aims to fund its aggressive push into AI-generated video, capitalizing on a stock price that has jumped over 80% in the past year.
Meta has hired Curtis Joseph Mahoney, a former Microsoft legal executive, as its new chief legal officer. He replaces Jennifer Newstead, who is leaving to become Apple’s general counsel in March.
