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Techmeme - 2026-02-17T19:05:45-05:00

Filing: Nvidia unloaded 1.1M Arm shares, worth about $140M based on Arm's closing price on Tuesday, sometime in Q4, bringing Nvidia's stake to zero (Ian King/Bloomberg) - 2026-02-17T19:05:00-05:00

Google signs a power purchase agreement with Ormat to supply up to 150 MW of geothermal energy to its Nevada data centers through NV Energy starting in 2028 (Lauren Rosenthal/Bloomberg) - 2026-02-17T18:35:00-05:00

Sources: Western Digital plans to raise $3.09B by selling a Sandisk stake at $535-$555/share, a 9.4% discount to Tuesday's close; the offering is oversubscribed (Anthony Hughes/Bloomberg) - 2026-02-17T17:50:01-05:00

Palo Alto Networks reports Q2 revenue up 15% YoY to $2.6B, vs. $2.58B est., and projects Q3 adjusted EPS below estimates; PANW drops 7%+ after hours (Elias Schisgall/Wall Street Journal) - 2026-02-17T17:45:02-05:00

Quantum computing company Infleqtion closed at $15.59 in its trading debut, up ~9% from its opening price of $14.25, after merging with a Michael Klein-led SPAC (Mackenzie Tatananni/Barron's Online) - 2026-02-17T17:30:04-05:00

Sources: AI legal software startup Legora is in talks to raise $400M at a $5B+ valuation, after raising $150M in October 2025 at a $1.8B valuation (Forbes) - 2026-02-17T16:45:02-05:00

Stripe's stablecoin firm Bridge wins conditional approval from the US OCC to form a national trust bank, which would allow it to issue and manage stablecoins (Krisztian Sandor/CoinDesk) - 2026-02-17T16:30:01-05:00

Meta commits to buy millions of Nvidia Blackwell and Rubin GPUs in a multiyear deal; source: Meta's in-house AI chip strategy has suffered technical challenges (Financial Times) - 2026-02-17T16:25:01-05:00

Source: Benchmark's 2020 fund is now worth 10x+ and 2024 fund is 3x what investors put in, based on cash distributions and the paper value of its investments (Natasha Mascarenhas/Bloomberg) - 2026-02-17T16:15:02-05:00

Benchmark hires Jack Altman, the founder of Alt Capital and Lattice, as its fifth general partner; three Alt Capital team members will join him at Benchmark (The Information) - 2026-02-17T15:55:02-05:00

Google schedules I/O 2026 for May 19 to 20 in Mountain View, teasing the "latest AI breakthroughs and updates" in Gemini, Android, and more (Abner Li/9to5Google) - 2026-02-17T15:11:49-05:00

Some private software companies including McAfee released earnings early to reassure investors worried about an AI-linked selloff, dubbed the "SaaSpocalypse" (Reshmi Basu/Bloomberg) - 2026-02-17T14:25:01-05:00

Night Media, a talent agency that represents influencers like Twitch streamer Kai Cenat, raised $70M led by StepStone to expand into gaming, sports, and music (Lucas Shaw/Bloomberg) - 2026-02-17T13:35:01-05:00

Over 100 researchers from Johns Hopkins, Oxford, and more call for guardrails on some infectious disease datasets that could enable AI to design deadly viruses (Megan Morrone/Axios) - 2026-02-17T13:20:00-05:00

Sources: Apple ramps up work on AI wearables with cameras and Siri, including smart glasses, AirPods, and a pendant that can be worn as a necklace or pinned (Mark Gurman/Bloomberg) - 2026-02-17T13:06:11-05:00