| Reuters: |
Sources: ASML is committing €1.3B for Mistral's €1.7B Series C funding round, becoming the top shareholder, and is expected to get a board seat — ASML (ASML.AS), a crucial supplier of advanced chipmaking equipment, is set to become the top shareholder of French artificial … | Susanne Barton / Bloomberg: |
Microsoft says clients of its Azure cloud platform may experience increased latency after multiple international cables in the Red Sea were cut — Microsoft Corp. said Saturday it's no longer detecting issues with its Azure cloud platform after multiple international cables in the Red Sea were cut.| New York Times: |
A look at Ross Ulbricht's return to public life after receiving a pardon in January, including speaking at Bitcoin 2025 and accepting millions in donations — Ross Ulbricht, who created the Silk Road dark web marketplace and was serving a life sentence for drug distribution … | Simon Willison / Simon Willison's Weblog: |
| Jenny Strasburg / Wall Street Journal: |
How Larry Ellison is reshaping Oxford, including relocating his Ellison Institute from LA to Oxford, with plans to invest $1.3B+ into research on AI and more — Oracle's founder is spending big around the U.K.'s 900-year-old university campus and even bought a famous local pub| Washington Post: |
PitchBook: VCs have invested $5B+ in humanoid robotics startups since the beginning of 2024, as years of steady progress and GenAI triggers an investment frenzy — A frenzy of investment has created a crowd of new human-like designs. — SALEM, Ore. — In an office park opposite an Amazon warehouse, the robots are at work.| SemiAnalysis: |
An in-depth look at AWS' underperformance in the GenAI era, as Microsoft Azure and Google Cloud gain ground, and how Anthropic could spark an AWS AI resurgence — Two-and-a-half years ago, we flagged a looming “cloud crisis” at AWS. Today, the evidence has mounted.| OpenAI: |
OpenAI researchers argue that language models hallucinate because standard training and evaluation procedures reward guessing over admitting uncertainty — Read the paper(opens in a new window) — At OpenAI, we're working hard to make AI systems more useful and reliable.| Alex Isenstadt / Axios: |
The Winklevoss twins have become major GOP donors; a source says they've donated $32M+ since 2017, including $21M to a new pro-Trump and pro-crypto super PAC — There's a new megadonor force in Republican politics: the crypto-mogul Winklevoss twins. … - “Who are the donors going to be for the next 20 to 30 years?| Ivan Levingston / Financial Times: |
Dealroom: European VC deals are set to rise 3-4% YoY in 2025 to $57B, about the same as in 2023, driven by rising startup valuations in AI, fintech, and defense — Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown| Richard Nieva / Forbes: |
A profile of Mercor, a Scale AI rival valued at $2B in February, which hires domain experts to train models; it had a $100M run rate in March and $6M H1 profit — Mercor, debuting on the Forbes Cloud 100 list, built an AI recruiter to interview job candidates.| Bloomberg: |
Filing: Anthropic has agreed to pay $1.5B plus interest to resolve an authors' copyright lawsuit over the company's downloading of millions of pirated books — Anthropic PBC will pay at least $1.5 billion plus interest to resolve an authors' copyright lawsuit over the AI company's downloading … | Chris Metinko / Axios: |
Shift5, which develops cybersecurity tools for the military and critical infrastructure, raised a $75M Series C led by Hedosophia — Data and cybersecurity startup Shift5 locked up a $75 million Series C led by Hedosophia, co-founder and CEO Josh Lospinoso tells Axios Pro...| David Harold / Jon Peddie Research: |
Mojo Vision raised a $75M Series B led by Vanedge Capital to commercialize its microLED tech for products such as AI glasses and optical interconnects — Mojo raises fresh capital to commercialize micro-LED platform for AI. … Mojo Vision has secured $75 million in new funding to accelerate …
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