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StarkNet is a permissionless decentralized Layer 2 (L2) validity rollup, built to allow Ethereum to scale via cryptographic protocols called STARKs, without compromising Ethereum’s core principles of decentralization, transparency, inclusivity and security. The StarkNet Token is needed to operate the ecosystem, maintain and secure it, decide on its values and strategic goals, and direct its evolution. This token will be required for (i) governance, (ii) payment of transaction fees on StarkNet, and (iii) participation in StarkNet’s consensus mechanism.

Starknet

Starknet is trending due to a community divided between short-term concerns over token unlocks and strong belief in its advanced ZK-STARKs technology, quantum resistance, and growing ecosystem metrics like TVL, active users, and BTCFi integrations. Many argue the platform is currently undervalued given its consistent development and strategic positioning as essential infrastructure for Ethereum scaling.

What is the project about? Pepe is a community based meme token surround the iconic meme Pepe the frog. Pepe aims to leverage the power of such an iconic meme to become the most memeable memecoin in existence.   What makes your project unique? Pepe is here to make memecoins great again. Ushering in a new paradigm for memecoins, Pepe represents the memecoin in it's purest simplicity. With zero taxes, liquidity locked forever, and contract immutable, Pepe is for the people, forever. Pepe is about culture, rallying together a community to have fun and enjoy memes, fueled purely by memetic power.   History of your project. Pepe was stealth launched on Friday, April 14th, 2023.   What’s next for your project? Pepe will focus on developing a tight-knit community around the token and building resources to enrich the communities knowledge and success in crypto through a token gated group, newsletter, and more tools.   What can your token be used for? Pepe can be used to speculate on the power of memes, and does not pretend to be anything more.

Pepe

PEPE crypto is trending with high community engagement, fueled by speculation of a renewed 'meme season' and aspirations for significant price appreciation. Chatter reflects a mix of strong bullish predictions for a major rally and caution regarding volatility, frequently discussed in conjunction with broader crypto market trends.

Moo Deng

Recent volatile price swings and high trading volume are driving extensive community discussion around MOODENG CRYPTO. Investors are debating its potential for massive future pumps as a low market cap Solana meme coin, while also grappling with concerns over sharp drops.

Eikon Therapeutics is a biopharmaceutical company. It engages in the development of medicines for unmet medical needs. The company was founded in 2019 and is headquartered in Millbrae, CA.

Eikon Therapeutics Inc.

Eikon Therapeutics is trending as its EIK1001 TLR7/8 agonist gains community attention for potential integration into NWBO's advanced combinatorial DCVax booster platform for personalized immunotherapies, fueled by discussions around recent insider buying.

USDX (Website: usdx.money | Twitter: @StablesLabs) is a synthetic USD stablecoin designed to provide stability without relying on traditional banking infrastructure. Backed by delta-neutral positions across multiple exchanges, USDX seamlessly bridges the gap between DeFi, CeFi, and TradFi. It enables DeFi users to access traditional delta-neutral strategies executed in CeFi platforms. As a crypto-native stablecoin, USDX offers a scalable, censorship-resistant, and highly stable solution for users looking to navigate the world of decentralized finance with confidence.

USDX Stablecoin

USDX Stablecoin is trending as community discussion focuses on its recent crash following the Balancer hack chaos, highlighting the fragility of DeFi stablecoins amidst ongoing efforts by major financial institutions to integrate crypto into traditional systems.

Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.   Dogecoin was created by Billy Markus from Portland, Oregon and  Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.  The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.  To purchase Dogecoin, it involves downloading a crypto wallet, setting up a crypto exchange account and then trading away for your desired crypto currency. Once we have set up an account with a DOGE currency exchange and deposited some funds, you are ready to start trading.

Dogecoin

Dogecoin is experiencing a surge in attention driven by widespread community discussion and bullish sentiment regarding a "COEP Dogecoin merger" with 9,000 miners. The excitement is further amplified by general market optimism for meme coins and technical analysis pointing to bullish signals.

C.H. Robinson Worldwide, Inc. engages in the provision of freight transportation services and logistics solutions. It operates through the following segments: North American Surface Transportation (NAST), Global Forwarding, and All Other and Corporate. The NAST segment provides freight transportation services across North America through a network of offices in the United States, Canada, and Mexico. The Global Forwarding segment focuses on the global logistics services through an international network of offices in North America, Europe, Asia, Australia, New Zealand, and South America. The All Other and Corporate segment includes Robinson Fresh and Managed Services segments, as well as other surface transportation outside of North America and other miscellaneous revenues and unallocated corporate expenses. The company was founded by Charles Henry Robinson in 1905 and is headquartered in Eden Prairie, MN.

C.H. Robinson Worldwide, Inc.

C.H. Robinson Worldwide is drawing significant attention after a sector-wide sell-off driven by fears of AI disruption from a tiny challenger, sparking community debate over whether the reaction is overdone, especially given CHRW's existing AI leadership and recent insider purchases.

VeChain, founded in 2015, is a sustainability-focused blockchain driving mass adoption of Web3. Its energy-efficient VeChainThor chain delivers fast, low-cost transactions, making blockchain accessible to millions worldwide. With partnerships including UFC, BCG, and Walmart, and over 2 million active users on VeBetter-powered apps, VeChain is proving real-world impact at scale.  In 2024, the VeChain Renaissance upgrade was launched, introducing Ethereum compatibility, dPoS consensus, and dynamic gas fees. It cut VTHO inflation and introduced StarGate NFT staking, where users lock VET to mint transferable NFTs that earn VTHO, can be delegated to validators, and serve as governance instruments. The upgrade also added new eco node tiers, lowering entry barriers while keeping rewards across higher staking levels.  By combining adoption, upgraded tokenomics, and inclusive staking, VeChain is positioning itself as a leading blockchain where usage, growth, and rewards fuel long-term value creation.

Vechain

VeChain (VET) is trending with community frustration peaking over its prolonged underperformance and recent executive departures, as discussions highlight skepticism about its "real utility" while some investors continue to accumulate in anticipation of a broader altcoin market rally.

Caledonia Mining Corp. Plc engages in the exploration, development, and production of gold and other precious metals from its mineral properties. Its projects include Blanket Gold Mine and Maligreen. The company was founded on February 5, 1992 and is headquartered in St. Helier, the United Kingdom.

Caledonia Mining Corporation Plc

Caledonia Mining Corporation (CMCL) is actively discussed after a recent convertible note offering for its Bilboes Gold Project led to a significant share price pullback and concerns over dilution. While many investors express frustration that the stock has not mirrored gold's substantial rally, optimism remains high for CMCL's future given soaring gold prices and the project's potential to quadruple production.

The Coca-Cola Co. engages in the manufacturing and marketing of non-alcoholic beverages. It operates through the following segments: Europe, Middle East and Africa, Latin America, North America, Asia Pacific, Global Ventures, and Bottling Investments. The company was founded by Asa Griggs Candler on May 8, 1886 and is headquartered in Atlanta, GA.

Coca-Cola Co

Coca-Cola is trending as investors digest its Q4 earnings, which showed an EPS beat but revenue miss and cautious 2026 guidance, alongside a recent CEO transition. This sparks community debate over the stock's valuation and the sustainability of its recent 52-week highs amidst a rotation into defensive consumer staples.

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Ethereum

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Ripple

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Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

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SPDR S&P 500 ETF

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

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<ul class="summary-bullets"><li>Balaji Srinivasan has invested heavily in AI startups and was Coinbase’s first chief technology officer.</li><li>Elon Musk leads xAI and remains closely tied to crypto commentary, particularly when it comes to Dogecoin.</li><li>Meanwhile, Sam Altman runs OpenAI and co-founded Worldcoin, a crypto-based digital identity project.</li></ul>Coinbase (COIN) CEO Brian Armstrong said on Friday that the merger between artificial intelligence (AI) and the crypto world is “just getting started.”He was responding to a <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/shaunmmaguire/status/2019588392443576811">post</a> on X by Shaun Macguire, a partner at Sequoia, who said the two sectors are poised to merge again, pointing to a number of similarities, including the fact that Tesla (TSLA) CEO Elon Musk, OpenAI’s Sam Altman, and investor Balaji Srinivasan were interested in both sectors.&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/brian_armstrong/status/2019637626945544249" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_02_06_060414_png_f3fa7f1c5f.webp" alt="Screenshot 2026-02-06 060414.png" width="818" height="502"></a><figcaption>Source: @brian_armstrong.X</figcaption></figure>Musk has often&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/elon-musk-revives-dogecoin-moon-talk-questions-about-tesla-spacex-promises/cZbi8oNR4lm">joked</a> about putting Dogecoin (DOGE) on the moon, most recently last week, and he leads xAI, which has recently been in the spotlight for its potential merger with SpaceX.Meanwhile, Altman founded OpenAI with Musk, before Musk departed over creative differences, known for its ChatGPT platform. He also founded Worldcoin (WLD), a privacy-focused human identity system that uses iris scans for authentication.&nbsp;<a href="https://stocktwits.com/coins/worldcoin-wld">WLD’s price</a> hit an all-time low of $0.318 on Thursday before rebounding to $0.364 – still down 8.8% in the last 24 hours. On Stocktwits, retail sentiment around the token fell to ‘bearish’ from ‘neutral’ territory with chatter at ‘high’ levels.Srinivasan has been more active as an investor than an operator in AI. He has backed companies including Perplexity, Replit, and Anduril, while maintaining deep ties to the crypto sector. He served as Coinbase’s first chief technology officer, co-founded the crypto policy group Coin Center, and was an early investor in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). He has also supported projects such as Alchemy, OpenSea, and Polygon during his tenure at Andreessen Horowitz.<h2 class="st-heading-2">Two Sides Of The Applied Math Coin</h2>Maguire framed the relationship between crypto and AI as cyclical rather than coincidental. In his post, he described the two as “two sides of the applied math coin,” arguing that early technologists recognized their shared foundations long before the AI boom reignited interest in the space.“I love crypto,” Maguire wrote. “Crypto and AI were born as siamese twins… that will merge again.”&nbsp;The overall cryptocurrency market has been going through a rough patch of late, with many analysts postulating that “crypto winter” has arrived – others agree, but believe we might be near the end of the bear cycle.&nbsp;<a href="https://stocktwits.com/symbol/BTC.X">Bitcoin’s price</a> was down 8.8% in the last 24 hours to $65,913 on Friday morning, after hitting an intra-day low of around $60,000 – a level not seen since October 2024.On Stocktwits, retail sentiment around the apex cryptocurrency fell to ‘extremely bearish’ from ‘bearish’ territory over the past day, with chatter at ‘extremely high’ levels.&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-slide-triggers-mstr-biggest-one-day-drop-in-over-a-year/cZbFRVYR4n0">Bitcoin’s Slide Triggers MSTR’s Biggest One-Day Drop In Over A Year – But These Three Crypto Stocks Took a Bigger Hit</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Coinbase CEO Brian Armstrong Says Silicon Valley’s Crypto AI Intersect Is ‘Just Getting Started’

He was responding to a post on X from Sequoia partner Shaun Macguire that pointed to similarities like Elon Musk, Sam Altman, and Balaji Srinivasan being interested in both sectors. 

Cryptocurrency

He was responding to a post on X from Sequoia partner Shaun Macguire that pointed to similarities like Elon Musk, Sam Altman, and Balaji Srinivasan being interested in both sectors. 


The OpenAI logo displays on a smartphone screen reflecting green beams. (Photo by Samuel Boivin/NurPhoto via Getty Images)

Ten Years Of OpenAI In 10 Charts

OpenAI says it’s “almost certain” we’ll build superintelligence in the next ten years.

Equity

<ul class="summary-bullets"><li>According to The Times, Perplexity’s products scrape articles, videos, and podcasts to generate AI responses, often verbatim or substantially similar to the original material.&nbsp;</li><li>Perplexity says it gathers information from authoritative websites and then converts it into summaries.</li><li>The Times contends that Perplexity’s process involves unauthorized copying and generating outputs for its chatbot.</li></ul>The New York Times Co. (NYT) has filed a legal complaint against Perplexity AI, accusing the startup of illegally copying and distributing its copyrighted content.&nbsp;The suit alleges that Perplexity’s generative AI tools, including its popular “answer engine” chatbot, reproduce content from The Times without permission, undermining its work.<h2 class="st-heading-2">The Background</h2>According to The Times, Perplexity’s products scrape articles, videos, podcasts, and other content to generate AI responses, often verbatim or substantially similar to the original material.&nbsp;This activity allegedly violates both copyright protections and trademark rights. The newspaper said that the AI firm substitutes its own commercial products for Times’ content, depriving the publication of revenue and control over its work.“While we believe in the ethical and responsible use and development of AI, we firmly object to Perplexity’s unlicensed use of our content to develop and promote their products.”-The New York Times&nbsp;<a href="https://stocktwits.com/symbol/NYT">The New York Times’ stock</a> traded over 1% higher on Friday morning. On Stocktwits, retail sentiment around the stock remained in ‘bullish’ territory amid ‘extremely high’ message volume levels.<figure class="image"><img style="aspect-ratio:936/107;" src="https://news.stocktwits-cdn.com/Screenshot_2025_12_05_111426_png_88afebbc2d.webp" alt="NYT’s Sentiment Meter and Message Volume as of 10:45 a.m. ET on Dec. 5, 2025 | Source: Stocktwits" width="936" height="107"><figcaption>NYT’s Sentiment Meter and Message Volume as of 10:45 a.m. ET on Dec. 5, 2025 | Source: Stocktwits</figcaption></figure><h2 class="st-heading-2">Perplexity’s AI Model And Claims</h2>Perplexity promotes its AI as an “intelligent research assistant” that provides concise answers without users needing to visit multiple sources. The company claims that it gathers information from authoritative websites and then converts it into summaries.&nbsp;However, The Times contends that this process involves unauthorized copying, feeding its content into Perplexity’s AI index and generating outputs for its chatbot, APIs, and other AI products.This lawsuit forms part of a broader wave of legal actions from media companies against generative AI developers over copyright infringement.&nbsp;NYT stock has gained over 25% in 2025 and over 19% in the last 12 months.&nbsp;Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/why-did-digital-bridge-stock-soar-30-percent-today/cLIS7JkREkl">Why Did DigitalBridge Stock Soar 30% Today?</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A view of signage during The New York Times Well Festival 2025 at Duggal Greenhouse on May 07, 2025 in New York City. 

New York Times Sues Perplexity AI Over Unauthorized Content Use: What Does The Lawsuit Say?

The suit alleges that Perplexity’s generative AI tools reproduce content from The Times without permission, undermining its work.

<ul class="summary-bullets"><li>Perplexity has signed a brand deal with Ronaldo, as part of which the&nbsp;soccer star has picked up an undisclosed stake in the AI company.</li><li>The latest brand deal comes after a string of&nbsp;controversial tie-ups for Ronaldo, though at a time when he is in his strongest financial position.</li><li>It’s also a first for the AI industry, which has so far avoided celebrity ambassadors.</li></ul>Portuguese football legend Cristiano Ronaldo is now the face of Perplexity, in the first such endorsement deal for a top AI company. Ronaldo, one of the wealthiest athletes in the world, with long-standing brand deals with Nike and Armani and a bouquet of side businesses, has also picked up a stake in the AI answer tool.Perplexity announced the partnership on Thursday, along with the launch of an interactive&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.perplexity.ai/ronaldo">webpage</a> featuring rare images of the footballer, curated questions, and an animated retelling of his famous goals.<figure class="image"><img style="aspect-ratio:1457/808;" src="https://news.stocktwits-cdn.com/Screenshot_2025_12_05_at_7_58_15_PM_png_aa6afcf8cd.webp" alt="Screenshot 2025-12-05 at 7.58.15 PM.png" width="1457" height="808"><figcaption>A screengrab from perplexity.ai/ronaldo</figcaption></figure>“The quest for excellence means never settling for good enough,” Perplexity said in its&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.perplexity.ai/hub/blog/perplexity-x-cristiano-ronaldo">blog post</a>. “Ronaldo’s approach to life mirrors Perplexity’s philosophy that every achievement, every answer, is a starting point for the next question,” the blog read, adding that he is an active user of Perplexity. Ronaldo said he’s “proud” of the collaboration in an&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/Cristiano/status/1996626923720462425">X post</a>.The development, while a fresh one for the AI industry dominated by OpenAI, Google, and Nvidia (they’ve never had celebrity ambassadors), follows a string of somewhat&nbsp;controversial brand collaborations for Ronaldo.He partnered with crypto exchange Binance in 2022 and launched his signature line of&nbsp;NFTs — just as&nbsp;they were falling out of favor with consumers and Binance’s then-CEO was becoming embroiled in a major legal battle in the U.S.&nbsp;Ronaldo ultimately faced a class-action lawsuit there over his promotion of Binance, with plaintiffs claiming his endorsement prompted them to make loss-making investments and seeking damages “exceeding $1 billion.”His deal with&nbsp;dietary supplements seller Herbalife, renewed in 2023, has also drawn criticism, as the company has faced complaints and regulatory fines related to its multi-level marketing business model. Last year, social media users&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.hindustantimes.com/trending/cristiano-ronaldo-gets-fact-checked-by-the-liver-doc-for-promoting-herbalife-deprived-of-ethics-101731215233738.html">criticised</a> Ronaldo for promoting Herbalife products without explicitly stating that it’s a paid endorsement, and some of the company’s products have been reportedly linked to causing health issues.That said, his influence&nbsp;over brands is quite unique. During a Euro 2020 press conference, he pushed aside a couple of Coca-Cola bottles (the event’s brand sponsors) and urged people to “drink water!” — which ended up shaving about $4 billion from Coke’s market capitalization.<h2 class="st-heading-2">Ronaldo’s Financial Muscle</h2>Ronaldo’s Perplexity tie-up comes at a time when he’s arguably in the strongest financial position of his career. Ronaldo joined Riyadh-based club Al-Nassr in 2023 and renewed his contract this June for reportedly more than $400 million. In addition to his tax-free salary in the region, his contract also gives him a 15% stake in the club.Born in the Portuguese Island city of Madeira, Ronaldo grew up in poverty and left school at 14 to pursue a career in professional football. He was spotted playing for Sporting Lisbon, a Portuguese club, and later had successful stints at iconic clubs such as Manchester United and Real Madrid.Bloomberg <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/features/2025-10-08/cristiano-ronaldo-is-first-football-billionaire-after-saudi-al-nassr-deal">reports</a> that Ronaldo made over $550 million in salary between 2002 and 2023, plus $18 million annually from a decade-long partnership with Nike. Over the years, he has invested heavily in and partnered with businesses in his home country, and the Madeira airport is named after him.Rolando is the most popular person on Instagram, with 660 million followers, and has a net worth of $1.4 billion, according to the Bloomberg Billionaires Index.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/fossil-was-left-for-dead-then-its-stock-doubled-in-less-than-3-weeks-what-s-behind-the-revival/cLIS2L3REjC">Fossil Was Left For Dead — Then Its Stock Doubled In Less Than 3 Weeks: What’s Behind The Revival?</a>

Rolando is the most popular person on Instagram, which could give an extra social media boost for Perplexity. | Illustration courtesy: nvd9612 via Pixabay

Cristiano Ronaldo Just Became AI’s Newest Superstar With Perplexity Tie-Up — But His Recent Brand Deals Have Been A PR Minefield 

Perplexity announced the partnership on Thursday, along with the launch of an interactive webpage featuring rare images of the footballer, curated questions, and an animated retelling of his famous goals.

<ul class="summary-bullets"><li>Altman says ChatGPT will now avoid the em dash if it's explicitly told to do so.</li><li>With the proliferation of AI-generated and AI-edited text, many readers have come to assume that frequent em dashes are a telltale sign of AI involvement.</li><li>In response to online em-dash memes, some professional writers have dialed back their use of the em dash in their original writing to avoid suspicion.</li></ul>The em dash was long seen as a sign of mature writing in English, but has lately become an irritant. Its heavy use in AI-generated responses has led several readers to believe that any piece of content with em dashes is produced or edited by AI, even if it's not, to the point that some writers are avoiding it altogether.Well, the makers of ChatGPT addressed those concerns. OpenAI CEO Sam Altman said that the company has fixed a glitch, and ChatGPT will now completely avoid em dashes in its responses if explicitly instructed to do so.“If you tell ChatGPT not to use em-dashes in your custom instructions, it finally does what it's supposed to do!” Altman said in an X&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/sama/status/1989193813043069219">post</a>, calling it a “small-but-happy win.”It all started with jokes on X and Reddit that frequent em dashes in a piece of text is a quick way to spot bot text, with some calling it “ChatGPT hyphen.” The idea spread fast, fueling a debate.&nbsp;While the logic that more em dashes&nbsp;indicate potential AI writing is true in some cases, many professional writers have complained of being accused of using AI simply because they like em dashes.With em dash memes online, readers were quick to label posts, essays, and articles as AI-generated, prompting some writers to intentionally dial them back to avoid suspicion.One thing to note here is that ChatGPT’s output with em dashes typically omits spaces, whereas some style guides (such as AP) prefer spaces around dashes. The “space vs no-space” became another superficial signal people latched onto.&nbsp;All in all, the em dash isn’t a very effective way to determine AI-generated text. On the question of why ChatGPT uses a lot of it, some think that perhaps a large amount of ChatGPT’s training data had&nbsp;an em dash. The style tool was frequently used in older books.For updates and corrections, email newsroom[at]stocktwits[dot]com.

A user accessing ChatGPT on their smartphone. (Photo credit should read CFOTO/Future Publishing via Getty Images)

OpenAI CEO Sam Altman Says New ChatGPT Is So Obedient It’ll Quit Using Em Dashes On Command: ‘Small-But-Happy Win’ 

OpenAI CEO Sam Altman said that the company has fixed a glitch, and ChatGPT will now completely avoid em dashes in its responses if explicitly instructed to do so.

Many readers have come to assume that frequent em dashes are a telltale sign of AI-generated text.

<ul class="summary-bullets"><li>Parallel Web Systems has raised $100 million in a round led by Kleiner Perkins and Index Ventures.</li><li>The deal values the startup at $740 million.</li><li>Agrawal launched Parallel in early 2023, months after he was fired as CEO of Twitter following the company’s acquisition by Elon Musk.</li></ul>AI startup Parallel Web Systems, Inc., founded by former Twitter CEO Parag Agrawal, has raised $100 million in a series A round led by Kleiner Perkins and Index Ventures, the executive&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/paraga/status/1988729121636294682">announced</a> in an X post on Wednesday.The move underscores the unwavering investor optimism for AI and its expanding ecosystem of applications and services. Industry leaders, including OpenAI, Perplexity, and Elon Musk’s xAI, are racing to scale their offerings, while major tech firms have pledged to ramp up AI spending next year.&nbsp;&nbsp;The deal values the two-year-old startup at $740 million, Reuters reported. Parallel Web offers systems for artificial intelligence (AI) models and AI agents to autonomously search, fetch, verify, and organize information from the Internet.Its APIs retrieve and structure real-time web content for AI applications, catering to a fundamental shift as users increasingly turn to AI bots instead of traditional search engines.Enterprise customers use Parallel to power AI agents that write software code, analyze customer data for sales teams, and assess risk for insurance underwriting—areas where high-quality web data, alongside internal systems, is critical, Agrawal told Reuters in an interview.The new capital will be used for development and customer acquisition, Agrawal said.Todd Jackson, a partner at VC firm First Round —one of the early investors in Parallel — said the startup is building “world-class web infrastructure specifically designed for AI agents.” In an&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/tjack">X post</a>, he outlined how the problem requires unique approaches to crawling, indexing, and retrieval, given that AI, and not a human, is the end user.“Companies on the frontier of building with AI (like Clay, Sourcegraph, Owner, Starbridge, and Actively), are using Parallel’s APIs to power a wide range of use cases, from GTM workflows to helping lawyers find precedent and insurers underwrite claims,” said Jackson, who is also a former Twitter colleague of Agrawal.The Palo Alto-based company had earlier raised $30 million from Silicon Valley venture capital firms, including Khosla Ventures. Parallel launched its first products in August this year.Agrawal is best known for his 11-year tenure at Twitter, during which he served as CTO and CEO. He became the CEO in November 2021 after Twitter founder Jack Dorsey stepped down. He was fired, along with several other senior managers, after Elon Musk acquired Twitter in October 2022.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read More:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/sealed-air-stock-jumps-over-20-after-hours-on-buyout-report-retail-unmoved/cLPBF53REdr">Sealed Air Stock Jumps Over 20% After-Hours On Buyout Report: Retail Unmoved</a>

Parag Agrawal speaks onstage at a conference in Las Vegas on March 10, 2025. (Photo by Big Event Media/Getty Images for HumanX Conference)

Remember Parag Agrawal? Ex-Twitter CEO Fired By Elon Musk Quietly Raises $100M For His AI Startup

Agrawal launched Parallel Web Systems in late 2023, about a year after he was fired as CEO of Twitter following the company’s acquisition by Elon Musk.

<ul class="summary-bullets"><li>According to a report by Bloomberg, Reddit has also sued three other companies for scraping data from its website without obtaining permission.</li><li>Reddit stated in its complaint that these companies have been collecting data from the social media platform via Google Search results,&nbsp;with the aim of reselling it.</li><li>The social media platform also stated that Perplexity has been buying the collected Reddit data from at least one of the other companies named in the complaint.</li></ul>Reddit Inc. (RDDT) on Wednesday reportedly sued Perplexity AI Inc., accusing it of unlawfully scraping data from the social media platform to train its artificial intelligence-powered search engine.According to a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-10-22/reddit-sues-perplexity-others-over-alleged-data-scraping">report</a> by Bloomberg, Reddit has also sued three other companies for scraping data from its website without obtaining permission. The three companies are Oxylabs UAB, AWMProxy, and SerpApi.<a href="https://stocktwits.com/symbol/RDDT">Reddit shares</a> were down more than 6% in Wednesday’s afternoon trade. Retail sentiment on Stocktwits around the company trended in the ‘bearish’ territory at the time of writing.<h2 class="st-heading-2">Data Collected Via Google Search Results, Says Reddit</h2>Reddit stated in its complaint that these companies have been collecting data from the social media platform via Google Search results, with the aim of reselling it, according to the report. The social media platform also stated that Perplexity has been buying the collected Reddit data from at least one of the other companies named in the complaint.Reddit’s Chief Legal Officer, Ben Lee, said that the pressure to obtain “quality human content” due to an arms race between AI companies has fueled an industrial-scale “data laundering economy,” according to the report.<blockquote>“Reddit is a prime target because it’s one of the largest and most dynamic collections of human conversation ever created.”— Ben Lee, Chief Legal Officer, Reddit</blockquote><h2 class="st-heading-2">Reddit’s Deals With OpenAI And Google</h2>Reddit has struck deals with OpenAI and Alphabet Inc.’s Google to license data from its platform. Its partnership with OpenAI integrates Reddit’s content on the AI startup’s platform, while the latter gets access to AI-powered tools for its users and moderators.However, Reddit has gone after other AI startups for unauthorized use of its content. The social media platform&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/reddit-takes-anthropic-to-court-over-ai-data-theft/chkuNM6RbD7">sued</a> OpenAI rival Anthropic in June, stating that the AI startup used Reddit data to train its AI models, without obtaining permission from the company.<a href="https://stocktwits.com/symbol/RDDT">RDDT stock</a> is up 18% year-to-date and 149% over the past 12 months.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/tesla-q3-earnings-what-gary-black-seth-goldstein-troy-teslike-think/cLG50lqR3qo">Tesla Q3 Earnings: Here’s What Gary Black, Seth Goldstein, Troy Teslike Think Of The Upcoming Results</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A Reddit logo on a smartphone, with Artificial Intelligence inscriptions in the background. Reddit has content licensing partnerships with Google and OpenAI. (Photo by Avishek Das/Getty Images)

Reddit Sues Perplexity For Unlawfully Scraping Data To Train AI Search Engine: Report

According to a report by Bloomberg, Reddit has also sued three other companies for scraping data from its website without obtaining permission.

Perplexity has topped the rankings among free apps on&nbsp;Google’s Play Store in India, the company's CEO Aravind Srinivas said in a X post on late Monday, along with a mobile screenshot showing the Play Store chart.ChatGPT ranks third, and the Google Gemini app is at number four, according to the image&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/AravSrinivas/status/1977921067068076146?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet">shared</a> by Srinivas. Arattai Messenger, an app developed by Indian software company Zoho, ranked second.&nbsp;&nbsp;The move marks a major win for Perplexity, whose chatbot provides concise, bullet-point answers to user queries and is increasingly viewed as a rising challenger to Google Search.India, with the world's second-largest Internet and smartphone user base after China, is a key emerging market for AI companies. OpenAI launched its first low-cost plan in the country earlier this year, before rolling it out in other regions. The ChatGPT operator and Amazon-backed Anthropic are in the process of opening local offices.Play Store rankings depict the top apps, based on multiple factors including downloads and searches, on Android-based phones. Broad estimates peg that three-fourths of the world's smartphones run on Android.Interestingly, app store rankings have been the subject of some debate in the past. ChatGPT is often featured at the top of Apple's App Store ranking in the U.S., on&nbsp;its suggestion pages.Elon Musk, whose xAI has the challenger Grok app, recently<a href="https://stocktwits.com/news-articles/markets/equity/elon-musk-xai-accuses-apple-openai/chsss4hRdSG">&nbsp;sued</a> Apple and OpenAI in August for colluding and hindering innovation in the AI industry.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/aka-stock-soars-over-40-after-hours/ch6mi41R3ls">AKA Stock Soars Over 40% After-Hours, Draws Interest From Retail Traders</a>

Perplexity co-founder and CEO Aravind Srinivas speaks onstage at TechCrunch Disrupt 2024 on October 30, 2024 in San Francisco, California. (Photo by Kimberly White/Getty Images for TechCrunch)

Perplexity Tops Google Play Charts In India, Surpassing ChatGPT And Gemini 

India, with the world's second-largest Internet and smartphone user base after China, is a key emerging market for AI companies.

Artificial intelligence startup Perplexity has secured commitments worth $200 million in new funding at a $20 billion valuation, The Information reported on Wednesday, citing people with knowledge of the matter.Three-year-old Perplexity's soaring valuation — up from $14 billion in May and just $500 million at the start of last year — highlights the rapid acceleration in AI development, widely seen as tech's next big frontier.In recent years, adoption has surged among users and businesses alike, as players from OpenAI to Google and Amazon race to roll out new tools.Perplexity's AI bot is best known for generating clear and bulleted information to user queries, and is fast emerging as a competitor to Google Search. In response, Google has significantly broadened its AI Overview, a summary of search results displayed at the top of the results page.Interestingly, Perplexity is now making a play in the browser market. It recently launched an AI browser called Comet and has reportedly&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/perplexity-wants-chrome-offers-34-5-billion-to-buy-it-from-google/chrx7x9RdJj">offered</a> Google $34.5 billion to buy Chrome.A U.S. court last year ruled that Google illegally crushed its competition in online search, with the plaintiff in the case, the Justice Department, demanding that Google divest Chrome to remedy the situation.The Information&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.theinformation.com/briefings/perplexity-finalizes-20-billion-valuation-round">report</a> did not have details of the investors in the latest round. Perplixity's existing backers include Nvidia, New Enterprise Associates (NEA), Accel, SoftBank, and Amazon founder Jeff Bezos.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/charlie-kirk-shooting-gun-stocks-jump-trump-condemns-killing/chwN5FiRdHI">Charlie Kirk Assassination: Gun Stocks Jump, Trump Media Trends After President Condemns 'Heinous' Killing</a>

The Perplexity AI app logo on a smartphone screen. (Photo by Jaque Silva/NurPhoto via Getty Images)

AI Upstart Perplexity Hits Whopping $20B Valuation With New $200M Raise: Report

Perplexity's AI bot is best known for generating clear and bulleted information to user queries, and is fast emerging as a competitor to Google Search.

Apple (AAPL) has reportedly held internal discussions about potential acquisitions of French AI startup Mistral and U.S.-based Perplexity.According to a&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.theinformation.com/articles/apples-aversion-big-deals-thwart-ai-push">report</a> by The Information, investment bankers approached Apple earlier this summer with proposals for large-scale artificial intelligence deals. Apple’s response so far has been lukewarm, reflecting its historical reluctance to pursue major acquisitions, the report said.It further noted that while peers like Microsoft (MSFT), Amazon (AMZN), and Alphabet’s (GOOG/GOOGL) Google have spent billions on AI partnerships and licensing agreements to secure talent and technology, Apple has mostly stuck to smaller purchases. The report also highlighted that the iPhone maker has completed about seven such deals this year, some of which have contributed to product development, but its overall approach has remained cautious.<a href="http://stocktwits.com/symbol/AAPL">Apple’s stock price</a> edged 0.03% lower in midday trade. On Stocktwits, retail sentiment around the tech giant trended in ‘bearish’ territory over the past day.Mistral, based in Paris and founded in 2023, develops open-weight large language models that are designed to be smaller, faster, and easier to deploy than many U.S. competitors, while still excelling in reasoning and coding tasks. The company has pitched itself as Europe’s answer to&nbsp;<a href="http://stocktwits.com/symbol/OPENAI">OpenAI</a> and&nbsp;<a href="http://stocktwits.com/symbol/Anthropic">Anthropic.</a>Meanwhile, the U.S.-based Perplexity is known for operating an AI-powered search and answer engine that combines large language models with live web indexing. Its product emphasizes transparency by citing sources alongside responses, positioning it as a potential alternative to Google in information retrieval. On Stocktwits, retail sentiment around&nbsp;<a href="https://stocktwits.com/symbol/PERPLEXITY">Perplexity</a> trended in ‘bearish’ territory over the past day.&nbsp;&nbsp;Apple’s $20 billion&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://finance.yahoo.com/news/alphabet-stock-climbs-google-defends-170825547.html">agreement</a> with Alphabet to make Google the default search engine on iPhones is still ongoing in court. It was also&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2025/08/22/google-shares-rise-on-report-of-apple-using-gemini-for-siri.html">reported</a> last week that Apple and Google may be deepening their relationship with a partnership to use Gemini for a revamped version of Siri, Apple’s voice assistant.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/canary-capital-files-to-list-trump-coin-etf/chsHUsTRdjV">Canary Capital Files To List Trump Coin ETF</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Customers visit an Apple store at a shopping mall in Kuala Lumpur, Malaysia, on July 15, 2025. Malaysia seeks to lower US tariffs threatened by President Donald Trump to less than 20%. 

Apple Reportedly Discusses Acquiring Mistral And Perplexity, But Remains Wary Of Big Deals

According to The Information, investment bankers pitched Apple on large AI deals this summer, but the company’s lukewarm response hinted at its reluctance toward major acquisitions.

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Perplexity AI, Inc.

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Perplexity AI, Inc.