Good Evening!
Some free advice: If you’re coming up with a new product feature, make sure another brand doesn’t hold the trademark for the proposed name of said feature.
Here are the 7 things you missed today:
1. 🪙 Klarna is Launching a U.S. Dollar-Backed Stablecoin
Ready to buy KlarnaUSD? The new stablecoin token is being launched by Swedish fintech firm Klarna and will be fully backed by the U.S. dollar. The move makes Klarna the latest major payments company to move deeper into digital assets. While currently in testing, it’s expected to be available on the mainnet in 2026. (Reuters)
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3. ✌️ Microsoft’s Copilot is Leaving WhatsApp
Farewell, Copilot. Microsoft’s AI chatbot will no longer be available on WhatsApp after January 15 in an effort to comply with WhatsApp’s revised platform policies. After that date, users must switch to Microsoft’s own Copilot mobile apps or use the chatbot on the web. (TechCrunch)
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5. 🤑 Meta Might Spend Billions on Google’s Chips
Nvidia who? Facebook parent Meta is reportedly in discussions with Alphabet’s Google to spend billions to use Google’s AI chips in its data centers starting in 2027 and to rent chips from Google Cloud by next year. Google’s tensor processing units (TPUs) are being pitched as a cheaper alternative to Nvidia chips and useful for firms seeking higher security standards. (Reuters)
6. 🧮 Robinhood CEO’s Math-Focused AI Startup Hit $1.45Bn Valuation
AI’s hallucination days are numbered. Harmonic, an AI startup co-founded by Robinhood CEO Vlad Tenev, is tackling the issue of AI providing incorrect or nonsensical answers by improving the ability to reason – and it’s just raised $120 million in new funding to do so, valuing the company at $1.45 billion. The Series C round for the pre-revenue startup was led by Ribbit Capital. (Reuters)
7. 🧑⚖️ OpenAI Got a Restraining Order from Cameo
Did you know that Cameo, the app where you buy custom video messages from celebrities, can claim the trademark of the word “cameo”? Well, now we all do, thanks to OpenAI’s harsh lesson. The AI company’s social app Saura launched a controversial feature called Cameo, allowing users to deepfake themselves or others, which led to a temporary restraining order imposed by a judge blocking OpenAI from using the word and any similar-sounding ones on Sora. (TechCrunch)
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