European authorities have shut down the Cryptomixer platform, seizing servers and over $29 million in Bitcoin. The service had laundered more than $1.5 billion since 2016 for ransomware gangs and dark web dealers.
TikTok Shop pulled in half a billion dollars over the Black Friday to Cyber Monday period. But in the massive US e-commerce arena, that’s still just a small slice of the pie.
MongoDB’s stock skyrocketed following a massive earnings beat, driven by its Atlas cloud database platform. The company is seeing broad-based demand, particularly for AI-related workloads, signaling strong momentum in the competitive database market.
A startup founded by ex-McKinsey consultants just raised $2 million to tackle a surprisingly analog problem in the $250 billion consulting industry. Their target? The endless Excel marathons for survey analysis in private equity due diligence.
Anthropic is touting its work with over 100 nonprofits, offering free courses and AI tools. The potential to boost capacity is huge, but the risks and motivations deserve a closer look.
Apple is restructuring its AI division after the departure of its head, John Giannandrea. Meanwhile, OpenAI’s Sam Altman has declared a “code red” to improve ChatGPT, fearing it’s been overtaken by Google’s Gemini.
A London-based growth equity firm has closed a huge new fund to invest in European software companies that have grown without venture capital. The €323 million fund will write checks between €8.6 million and €21.5 million to help founders scale.
Decagon, founded by 28-year-old Jesse Zhang, uses AI agents to handle customer service for companies like Notion and Hertz. The startup is now valued at $1.5 billion and is reportedly raising again at a $4 billion target, but faces brutal competition from Salesforce and a $10B rival.
Apple’s senior vice president for Machine Learning and AI Strategy, John Giannandrea, is stepping down. He’ll serve as an advisor before retiring in the spring of 2026, with a former Microsoft AI researcher taking over key projects.
DeepSeek has released two new reasoning models, V3.2 and V3.2-Speciale. The company claims the latter outperforms top models from Google and OpenAI in benchmarks. Both models are being offered for free.
