Techmeme: Huawei debuts the CloudMatrix 384 AI computing system, which outperforms Nvidia's most advanced GB200 NVL72 system on some metrics, according to SemiAnalysis (Reuters)

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Huawei debuts the CloudMatrix 384 AI computing system, which outperforms Nvidia's most advanced GB200 NVL72 system on some metrics, according to SemiAnalysis — China's Huawei Technologies showed off an AI computing system on Saturday that one industry expert has said rivals Nvidia's most advanced offering …

More: WinBuzzer, Ukrainian National News, Engadget, Notebookcheck, and Cryptopolitan

Casey Newton / Platformer:

At TrustCon 2025, trust and safety professionals expressed anxiety over the industry's retreat, but no leaders condemned platforms' rollback of safety policies — In 2023, I asked whether we had reached peak trust and safety. Noting the huge number of layoffs at tech companies that year …

More: Trust & Safety …. Bluesky: @metacurity.com, @vortexegg.com, @evelyndouek, and @caseynewton. Threads: @timothyjchambers

LinkedIn: Cassie Coccaro, Jacob Silver, and Trust & Safety …

Amin Haqshanas / Cointelegraph:

Tyler Winklevoss claims JPMorgan paused onboarding crypto exchange Gemini after he criticized the bank's data access fees for fintech and crypto companies — Tyler Winklevoss claims JPMorgan paused Gemini's onboarding after he criticized the bank's data access fees, calling the move anti-competitive.

More: Bloomberg, Bitcoinist.com, The Daily Hodl, Bitcoin Insider, Cryptopolitan, CoinGape, BeInCrypto, BeInCrypto, CoinDesk, Coinspeaker, DL News, and Coinpedia Fintech News

X: @tyler and @tyler

Om Malik / On my Om:

Satya Nadella's memo on Microsoft's layoffs portends the harsh reality that AI could make software companies more profitable while employing fewer people — To paraphrase Sigmund Freud, sometimes a memo is not just a memo. That's why we have to read between the lines of Satya Nadella's 1,150-word memo.

More: Microsoft, Howie Town, Spyglass, The Decoder, Notebookcheck, and Financial Express

Bluesky: @metacurity.com, @demwar, and @om.co

X: @spyglass_feed and @kteare

Ryan Lawler / Axios:

April, which provides tax tools that embed directly into financial apps, raised a $38M Series B led by QED Investors, bringing its total funding to $78M

More: april, Tech in Asia, FinTech Futures, VC News Daily, AlleyWatch, Venture Capital Journal, FinSMEs, and Pulse 2.0

LinkedIn: Yossi V. and april

Jason Del Rey / Fortune:

NYC-based Courtyard, which sells “mystery packs” of collectible cards and comic books that customers can resell on its marketplace, raised a $30M Series A — COURTYARD — I admit it, I have a soft spot for sports cards. Over the past year, an embarrassingly steady stream …

LinkedIn: Pet Berisha

Josh Noble / Financial Times:

The English Premier League recently signed deals with Adobe and Microsoft to offer AI-powered tools to fans, including those playing the Fantasy Premier League — Football body's turn to Big Tech aims to cement dominance after it made €2.1bn in overseas broadcast deals last season

Moneycontrol:

Indian software services provider Tata Consultancy Services plans to cut 2% of its global workforce, or about 12,000 employees, by March 31, 2026 — In an interview with Moneycontrol, TCS CEO K Krithivasan described the decision as one of the toughest he has faced, calling it a necessary step to build a stronger, future-ready company.

More: The Week, Reuters, and The Statesman

X: @upadhyay_harsh1, @mainbhiengineer, @indraroy, @trendulkar, @mudit_gupta25, and @san_x_m. Forums: r/india

Wall Street Journal:

Architect Partners: companies have raised nearly $86B in 2025 to buy crypto, with over $43B raised since June 1, as skeptics worry about the market overheating — Small companies are raising billions of dollars to buy bitcoin and other, more obscure cryptocurrencies. What could possibly go wrong?

More: CoinDesk and BeInCrypto

Golan Hazani / CTech:

New York City-based cybersecurity company Axonius acquires Cynerio, which offers healthcare IoT cybersecurity and asset management services, for $180M — Move expands company's offerings amid growing threats to connected medical devices. — Cynerio — Axonius — Cybersecurity — Acquisition

More: Tech in Asia

Financial Times:

US-German software firm Auterion says it plans to ship 33K of its AI drone “strike kits” to Ukraine by the end of 2025 to help combat mass Russian drone attacks — Pentagon-backed deal aims to help combat mass attacks by Russia — Sylvia Pfeifer in London, Laura Pitel in Berlin and Christopher Miller in Kyiv

More: The Kyiv Independent, Associated Press, Defense Express, Reuters, NewsMax.com, Wall Street Journal, Kyiv Post, and RTÉ. Bluesky: @christopherjm.ft.com

Carl Franzen / VentureBeat:

Alibaba releases its Qwen3-235B-A22B-Thinking-2507 reasoning LLM on Hugging Face, topping several benchmarks, as Alibaba moves away from hybrid reasoning models — If the AI industry had an equivalent to the recording industry's “song of the summer” — a hit that catches on in the warmer months …

More: Qwen on Hugging Face, Simon Willison's Weblog, WinBuzzer, AI News, and nextbigwhat

Bluesky: @simonwillison.net. X: @alibaba_qwen

Bloomberg:

Online platforms offering astrological advice are thriving in India, with the leading app Astrotalk claiming about 84% of its 70M users are under the age of 35 — An age-old belief in astrology has snowballed into a $7 billion industry as a younger generation seeks celestial guidance.

LinkedIn: Aznaur Midov and Akriti Sharma

Rafe Uddin / Financial Times:

Sources: US suppliers are rebuffing Temu's efforts to undercut Amazon, saying Temu cannot undercut Amazon on branded product prices — Chinese online platform's hopes of undercutting ecommerce giant rebuffed by American suppliers — Temu's efforts to find US suppliers to rebuild …

LinkedIn: Martin Heubel

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