Techmeme: Bitcoin-treasury company Strive, co-founded by Vivek Ramaswamy, will acquire Semler Scientific, a medical device company that has a bitcoin treasury, for $1.34B (Ateev Bhandari/Reuters)

Top News

Nvidia plans to invest $100B in OpenAI progressively as part of a deal to deploy at least 10 GW of Nvidia systems for OpenAI's infrastructure — - Strategic partnership enables OpenAI to build and deploy at least 10 gigawatts of AI datacenters with NVIDIA systems representing millions of GPUs …

More: DatacenterDynamics, Bloomberg, Reuters, and CNBC

X: @mgsiegler, @pitdesi, and @openainewsroom. Bluesky: @edzitron.com

Brody Ford / Bloomberg:

Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries — Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company's focus …

Axios:

White House says TikTok's new US entity would lease a copy of ByteDance's algorithm, which Oracle would retrain; US users wouldn't need to re-download the app — TikTok's new U.S. entity would lease its algorithm from Chinese owner ByteDance under the terms of a proposed deal between the U.S. and China …

Bloomberg:

A White House official says the US will not hold a golden share or equity in TikTok US and the new board will not have a member selected by the US government — The US will not hold a golden share or equity position in a new entity that will control TikTok's American operations …

More: Nikkei Asia, The Independent, Washington Examiner, CBS News, The Hill, New York Times, New York Post, NOTUS, KnowTechie, Reuters, CNBC, Fox News, Digital Music News, Semafor, and Malay Mail

See also Mediagazer

Ellen O'Regan / Politico:

The European Commission considers simplifying the 2009 rule that plastered the internet with cookie consent banners, as it seeks to reduce regulatory burdens — In a bid to slash red tape, the European Commission wants to eliminate one of its peskiest laws: a 2009 tech rule that plastered …

More: Gizmodo, Silicon Republic, Digit, Club386, and The National Law Review

X: @bgurley, @klemensarro, and @mikeelgan

Bluesky: @willeman.eu and @juteszembe

Mastodon: @desertcamel@mastodon.social and @vmbrasseur@social …

Forums: r/europeanunion, r/eutech, and r/DailyTechNewsShow

Manish Singh / India Dispatch:

The $100K+ H-1B fee could accelerate offshoring as tech companies route work to India and other countries rather than bringing engineers to the US — The U.S. will charge companies $100,000 for each new foreign tech worker under an initiative officials call Project Firewall …

More: Associated Press, CIO.com, Reuters, CNBC, Business Insider, Yahoo Finance, Al Jazeera, Implicator.ai, BBC, TechCircle, Nikkei Asia, The Economic Times, SiliconANGLE, ABC, The Saturday Paper, Forbes Middle East, DAWN.COM, Tech in Asia, The Irish Times, ABC7, and Benzinga

Bluesky: @tooze. Forums: Slashdot

Ina Fried / Axios:

Google DeepMind updates its Frontier Safety Framework to account for new risks, including the potential for models to resist shutdown or modification by humans — Google DeepMind said Monday it has updated a key AI safety document to account for new threats — including the risk …

More: Google DeepMind and WinBuzzer

Hadlee Simons / Android Authority:

MediaTek unveils its 3nm Dimensity 9500 mobile SoC, featuring an 8-core CPU, 12-core GPU with hardware ray tracing, and its ninth-gen MediaTek NPU 990 — Phones with the Dimensity 9500 could be video capture powerhouses. — • — • — • — TL;DR

More: MediaTek, HotHardware, Thurrott, Liliputing, KnowTechie, Moneycontrol, GSMArena.com, The Hans India, Digit, Android Headlines, DigiTimes, Android Police, Tech Advisor, nextpit, 9to5Google, SemiWiki, VideoCardz.com, and Phandroid

Agnee Ghosh / Bloomberg:

Scale AI launches SEAL Showdown, a public AI benchmarking system that relies on votes from contributors in 100+ countries to gauge everyday usability of models — Data-labeling startup Scale AI is launching a new public benchmarking system to rank the best-performing artificial intelligence models …

Ateev Bhandari / Reuters:

Bitcoin-treasury company Strive, co-founded by Vivek Ramaswamy, will acquire Semler Scientific, a medical device company that has a bitcoin treasury, for $1.34B — Strive (ASST.O) said on Monday it will acquire Semler Scientific (SMLR.O) in an all-stock deal valued at about $1.34 billion …

More: Bloomberg, Decrypt, The Block, Strive, Inc., Fortune, CoinDesk, TheStreet, crypto.news, CryptoSlate, Benzinga, Cryptonews, Bitcoin Magazine, CoinGape, and Coinpedia Fintech News

Bloomberg:

Sources: smart ring maker Oura is raising an $875M+ Series E at a $10.9B valuation, up from $5B in November 2024, and has sold ~3M rings over the past year — Oura Health Oy, the maker of the popular Oura health and fitness ring, is closing in on a roughly $11 billion valuation after selling about 3 million rings over the past year.

More: Sifted. X: @markgurman

Courtney Rozen / Reuters:

The GSA adds Meta's Llama to its list of approved AI tools for US federal agencies, after previously approving Microsoft, Google, Anthropic, and OpenAI's tools — U.S. government agencies will be able to use Meta Platforms' (META.O) artificial intelligence system Llama …

More: Meta Newsroom, Benzinga, The Hill, UPI, FedScoop, The Independent, Modern Diplomacy, and Nextgov/FCW. Bluesky: @fintwitter

Digiday:

The US v. Google ad tech trial, in which a judge ruled that the company illegally monopolized the digital ad market, begins its remedies phase — The ad tech trial many thought would go nowhere has done the unthinkable: it delivered. Judge Leonie Brinkema ruled that Google illegally monopolized …

More: Thurrott, Search Engine Land, Associated Press, Bloomberg, TipRanks Financial, Proactive, Bloomberg Law, New York Times, Reuters, Fox News, Malay Mail, MediaNews4U, Wall Street Journal, BMI, and Android Headlines

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