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September 8, 2025, 4:20 AM
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memeorandum
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| 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 …
More: Benzinga, Silicon Republic, Sifted, The Information, Verdict, Morningstar, Inc., DigiTimes, Silicon Canals, CTech, and The Chosun Daily
X: @s_oheigeartaigh, @danielnewmanuv, @provisionalidea, @shanumathew93, @andrewcurran_, @krishnanrohit, @krishnanrohit, @jukanlosreve, @rihardjarc, @kevinsxu, @zephyr_z9, and @patrickmoorhead. Threads: @ericflo
Forums: Hacker News, r/europe, r/MistralAI, r/technews, r/france, r/BuyFromEU, r/eutech, and r/stocks
| 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 …
More: The Indian Express and Australian Financial Review
Bluesky: @tonytassell, @jlray, @metacurity.com, @rmac, @rmac, @jamesrball.com, and @rmac
| 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 …
More: The Economic Times and Gizmochina
| 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.| 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
More: The Hans India, Insider Monkey, and Cautious Optimism
| 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.
More: Times of India and Bloomberg
| 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| 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
LinkedIn: Mat Gazeley
| 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| 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 …
More: CnEVPost, South China Morning Post, and Nikkei Asia
| Alex Isenstadt / Axios: |
The Winklevoss twins have become major GOP donors; a source says they have 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?| 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.
More: TechCrunch, Livemint, Digit, MarkTechPost, The Hill, and The Decoder
X: @iamtrask, @emollick, @rohanpaul_ai, @jiovan, @ziv_ravid, @michalkubicek, and @levie. LinkedIn: Hannes W.
Bluesky: @carnage4life, @danielatafani, @mikeyass, and @avengingfemme. Mastodon: @carnage4life@mas.to
Forums: Hacker News, r/MachineLearning, and r/slatestarcodex
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