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28 Feb 2026

Duolingo targets 100 million daily active users by 2028 as AI reshapes language learning

Duolingo is sacrificing short-term profit margins to prioritize user growth and artificial intelligence investments. The language-learning app aims to double its daily active users from 50 million to 100 million by 2028, even as growth rates slow and AI disruption threatens traditional learning models.

2 Sources

27 Feb 2026

ChatGPT reaches 900 million active users as OpenAI secures $110 billion in historic funding

OpenAI announced that ChatGPT has reached 900 million weekly active users and 50 million paying subscribers, marking one of the fastest adoption curves in consumer technology history. The milestone comes alongside a massive $110 billion funding round led by Amazon, Nvidia, and SoftBank, valuing the company at $730 billion.

4 Sources

Nvidia DGX Spark hits $4,699 as memory shortages drive 18% price jump across global markets

Nvidia announced an 18% price increase for its DGX Spark AI mini-PC, raising the cost from $3,999 to $4,699. The company attributes the $700 hike to worldwide memory supply constraints affecting the tech industry. The portable AI supercomputer powered by the GB10 Grace Blackwell Superchip maintains its specifications despite the pricing adjustment.

2 Sources

SaaSpocalypse fears grip markets as AI agents challenge traditional SaaS business model

The SaaS industry faces mounting pressure as AI agents enable companies to build software in-house, threatening per-seat pricing models. Investor fears wiped nearly $1 trillion from software stocks in February, with Salesforce and Workday sliding. Yet venture investors argue this isn't the death of SaaS—it's an evolution demanding AI-native approaches and vertical specialization.

6 Sources

Raghuram Rajan says AI will disrupt India's services sector but not derail it

Former Reserve Bank of India Governor Raghuram Rajan pushes back against alarming predictions that artificial intelligence will devastate India's IT sector. While acknowledging AI disruption is real, he argues the transition will be gradual and Indian software firms can adapt through retooling and reskilling, leveraging cost advantages and engineering talent.

3 Sources

India's back office built the world's tech hub. Artificial intelligence is now shrinking it.

Artificial intelligence is disrupting India's $300 billion IT outsourcing sector, threatening millions of jobs that fueled economic growth. Companies like Tata Consultancy Services have cut over 20,000 workers since 2022, while startups deploy AI voice agents to automate hiring and onboarding. As the cost of AI agents approaches electricity prices, India faces a critical challenge to transform from service provider to AI power.

2 Sources

MARA Holdings Partners With Starwood to Transform Bitcoin Mining Sites Into AI Data Centers

Bitcoin miner MARA Holdings announced a partnership with Barry Sternlicht's Starwood Capital Group to convert existing mining facilities into AI-focused data centers. The joint venture targets 1 gigawatt of immediate capacity with potential expansion to 2.5 gigawatts, marking a strategic pivot as the company posted a $1.7 billion quarterly loss amid Bitcoin price volatility.

7 Sources

Google and Meta strike multibillion-dollar AI chip deal as tech giants race to scale AI infrastructure

Meta has signed a multibillion-dollar agreement to rent Google's Tensor Processing Units through Google Cloud for developing new AI models. The multi-year deal allows Meta to diversify its AI hardware beyond Nvidia and AMD as the company projects $135 billion in AI infrastructure spending by 2026. Meta is also in talks to purchase TPUs outright for its own data centers.

7 Sources

Ambarella posts 37% revenue growth as Edge AI adoption drives automotive and robotics expansion

Ambarella reported record annual revenue of $390.7 million in fiscal 2026, marking a 37% year-over-year increase driven by Edge AI products. The chip designer projects 10%-15% revenue growth for fiscal 2027, fueled by new 5-nanometer and 4-nanometer AI SoCs across automotive, IoT, and robotics markets. CEO Fermi Wang emphasized the company's strategic shift toward Edge AI applications and indirect sales channels.

3 Sources

Jack Dorsey cuts 4,000 jobs at Block, citing AI tools that 'can do more and do it better'

Block, the fintech company behind Square and Cash App, is slashing nearly half its workforce—more than 4,000 jobs—in one of the most explicit AI-driven workforce reductions yet. CEO Jack Dorsey says intelligence tools have fundamentally changed what it means to run a company, and warns most businesses are late to this realization. Wall Street rewarded the move with a 25% share price jump.

65 Sources

26 Feb 2026

Dell stock surges 21% as AI server sales projected to hit $50 billion in fiscal 2027

Dell Technologies shares jumped 21% after the company projected $50 billion in AI server revenue for fiscal 2027, more than doubling from the prior year. The tech giant beat fourth-quarter estimates with $33.4 billion in sales, up 39% year-over-year, and enters the year with a record backlog of $43 billion in orders. The strong financial results signal robust demand for AI infrastructure despite rising memory chip costs.

8 Sources

CoreWeave shares plunge 13% as $35 billion AI spending plan triggers investor concerns

CoreWeave's stock tumbled after the AI cloud infrastructure provider announced plans to more than double capital expenditure to $35 billion in 2026. The company posted a wider-than-expected loss of 89 cents per share while revenue hit $1.57 billion. Despite a $66.8 billion revenue backlog and partnerships with OpenAI and Microsoft, investors worry about margin pressure and the company's ability to deliver returns on massive infrastructure investments.

10 Sources

Mistral AI lands Accenture partnership as consulting firms drive enterprise AI adoption

French AI startup Mistral AI has secured a multi-year partnership with global consulting giant Accenture to develop enterprise technology powered by its AI models. The deal positions Mistral alongside OpenAI and Anthropic, who recently struck similar consulting partnerships, as AI companies increasingly turn to consultants to help enterprises find return on investment from AI tools.

3 Sources

Suno reaches 2 million subscribers as AI music generator battles copyright infringement claims

AI music generator Suno announced it has reached 2 million paid subscribers and $300 million in annual recurring revenue, up from $200 million just three months ago. Despite this rapid growth, the company faces ongoing copyright infringement lawsuits from major record labels, though Warner Music Group recently settled and signed a licensing deal. The expansion highlights tensions between AI innovation and intellectual property rights in music.

4 Sources

Broadcom projects AI chip sales to exceed $100 billion by 2027 on surging custom silicon demand

Broadcom CEO Hock Tan announced the company expects AI chip revenue to surpass $100 billion in 2027, marking a significant leap from $20 billion in 2025. The projection signals strong demand for custom AI chips from major tech clients including Google, OpenAI, and Meta Platforms, positioning Broadcom as a formidable alternative to Nvidia in the AI semiconductor market.

20 Sources

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