a16z releases a nine-pillar AI policy framework for Congress, including restricting AI use for under-13s without parental consent and keeping a role for states (Punchbowl News)
Oracle says final negotiations on an equity deal for its Michigan data center project are "on schedule" and Related Digital will be its development partner (Lynn Doan/Bloomberg) https://www.bloomberg.com/news/articles/2025-12-17/oracle-says-equity-deal-on-michigan-data-center-on-schedule
Sources: Binance has been exploring ways to reboot its Binance.US affiliate, including a recapitalization to cut CZ's stake, which is a hurdle to expansion (Bloomberg) https://www.bloomberg.com/news/articles/2025-12-17/binance-weighs-us-strategy-as-billionaire-zhao-regains-clout
Coursera plans to acquire rival online education platform Udemy in an all-stock deal valued at $2.5B, combining two of the largest US learning platforms (Akash Sriram/Reuters) https://www.reuters.com/business/coursera-udemy-merge-deal-valuing-combined-firm-25-billion-2025-12-17/
Sources: Blue Owl Capital will not invest in Oracle's $10B, 1GW data center in Michigan after funding talks stalled due to concerns over debt terms and delays (Financial Times)
AI chip startup Mythic, which develops "analog processing units" to perform AI computations within memory, raised $125M led by DCVC; its CEO is a Nvidia veteran (Ian King/Bloomberg) https://www.bloomberg.com/news/articles/2025-12-17/ai-chip-startup-mythic-raises-125-million-in-bid-to-take-on-nvidia
Hut 8 partners with Fluidstack to build an AI data center in Louisiana for Anthropic, backed by a 15-year, $7B lease, starting with 245MW of computing capacity (Akash Sriram/Reuters) https://www.reuters.com/business/hut-8-shares-jump-ex-bitcoin-miner-signs-7-billion-ai-data-center-lease-2025-12-17/
WBD recommends shareholders reject Paramount's unsolicited cash bid, calling the offer "illusory" and saying it believes Netflix's proposal is still superior (Wall Street Journal) https://www.wsj.com/business/media/warner-rejects-paramounts-hostile-bid-saying-netflix-deal-still-superior-3fda76ee?st=K3F1pk&reflink=desktopwebshare_permalink
Source: Tencent tells staff that Yao Shunyu, an ex-OpenAI researcher who joined in September, is now its chief AI scientist, reporting to President Martin Lau (Juro Osawa/The Information) https://www.theinformation.com/briefings/tencent-names-former-openai-researcher-chief-ai-scientist
Sources: 6+ Chinese AI companies, including chip firms Montage and GigaDevice, are set to go public in Hong Kong in the coming weeks, aiming to raise up to $1B (Bloomberg) https://www.bloomberg.com/news/articles/2025-12-17/chinese-chip-firms-line-up-for-hong-kong-listings-in-coming-weeks