| Reuters: |
Sources: ASML is committing €1.3B for Mistral's €1.7B Series C at a €10B pre-money valuation, 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 … | M.G. Siegler / Spyglass: |
Anthropic's $1.5B copyright settlement raises a drawbridge on its startup rivals, which could not afford to pay such fines, setting an AI copyright floor price — $1.5B. Damn. Who can afford to pay that? — There I was, just sitting there enjoying life when I got the push notification … | Jessica Toonkel / Wall Street Journal: |
OpenAI is providing its tools and computing resources for an AI-made animated feature film called Critterz, which is set to hit theaters globally in 2026 — OpenAI wants to prove that generative artificial intelligence can make movies faster and cheaper than Hollywood does today.| 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 … | Evelyn Cheng / CNBC: |
Shenzhen-based humanoid startup X Square Robot raised ~$100M led by Alibaba, taking its total funding to ~$280M, and released a foundation model for embodied AI — BEIJING — As the race for household robots heats up, Chinese humanoid startup X Square Robot announced Monday … | 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.| Lucas Shaw / Bloomberg: |
The Wizard of Oz's revamp draws 4,000 to 5,000 fans two or three times per day to the Las Vegas Sphere; a source says the 1939 film may gross $1B in its new run — A reimagined Wizard of Oz is a surprise hit at the Las Vegas Sphere — Good afternoon from Los Angeles.| Financial Times: |
PitchBook: European defense tech startups have raised €2.4B since 2022, including €1.4B in 2025's first seven months, up from €30M in 2020 and €150M in 2021 — Russia's war in Ukraine and fears over US security relationship drive wave of VC funding| Caroline O'Donovan / Washington Post: |
A look at Marc Benioff's pursuit of productivity gains through AI at Salesforce, which has undergone a series of layoffs over the past two years — Salesforce CEO Marc Benioff has made himself a cheerleader for AI's potential to disrupt work while also laying off staff. — Just now| Sarah Neville / Financial Times: |
An interview with Dr. Raj Jena, the UK's first clinical professor of AI in radiation oncology, on how AI is improving cancer care, quality control, and more — Britain's first clinical professor of AI in radiation oncology says tech is improving care — but waiting lists still grow| Terrence O'Brien / The Verge: |
Google updates a Help Center document to clarify Gemini 2.5 Pro usage limits: five prompts per day for free users, 100 prompts for AI Pro, and 500 for AI Ultra — Now you know exactly how many prompts you get for free a day. … Until very recently it wasn't clear what usage limits were placed on Gemini at the various tiers.| Mackenzie Hawkins / Bloomberg: |
Sources: the US is proposing annual approvals for exports of chipmaking supplies to Samsung and SK Hynix factories in China as part of a “site license” idea — The US is proposing annual approvals for exports of chipmaking supplies to Samsung Electronics Co. and SK Hynix Inc.'s factories … | Chloe Cornish / Financial Times: |
A profile of Zachary Cefaratti, a below-the-radar dealmaker for data centers, crypto mining, and tech groups in the Gulf through his advisory firm Dalma Capital — Dubai-based Zachary Cefaratti has become a go-to dealmaker who connects Middle Eastern money to Silicon Valley| Dave Sebastian / Bloomberg: |
Filing: Shanghai-based, US-listed lidar maker Hesai aims to raise ~$497M in its Hong Kong IPO, offering 17M shares at up to $29.25 each, amid US delisting risks — Hesai Group is seeking to raise HK$3.9 billion ($497 million) in its Hong Kong listing, kicking off the latest batch …
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