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March 31, 2025, 11:10 AM
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memeorandum
WeSmirchTop News
| Michael J. de la Merced / New York Times: |
Isomorphic Labs, a DeepMind spinoff focusing on drug discovery, raised $600M led by Thrive to research treatments, including for cancer and immune disorders — The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer.
More: Wall Street Journal, Financial Times, FinSMEs, Moneycontrol, Bloomberg, Reuters, Isomorphic Labs, UKTN, STAT, and Endpoints News
| Wall Street Journal: |
Sources detail tensions between Apple and Elon Musk's SpaceX over expanding satellite cellphone services; Apple discussed linking iPhones to SpaceX satellites — The iPhone maker and SpaceX are competing in the race to eliminate cellphone dead spots, a rift that is set to intensify| Maxwell Zeff / TechCrunch: |
Amazon's AGI Lab unveils Nova Act, a general purpose AI agent to control a web browser and independently perform some simple actions, and a Nova Act SDK — Amazon on Monday unveiled Nova Act, a general-purpose AI agent that can take control of a web browser and independently perform some simple actions.
More: GeekWire, About Amazon, and Wired
| Benoit Berthelot / Bloomberg: |
France's antitrust regulator fines Apple €150M after a lengthy investigation into how iOS asks to collect user data under ATT and the impact on advertisers — France's antitrust regulator fined Apple Inc. €150 million ($162 million) after a lengthy probe into how the technology company asks …
More: Reuters, Wall Street Journal, The Verge, MacRumors, AppleInsider, 9to5Mac, PhoneArena, Yahoo Finance, Agence France-Presse, Associated Press, Business Standard, Associated Press, Livemint, Hindustan Times, The Indian Express, Patently Apple, Nairametrics, and BelfastTelegraph.co.uk
Forums: r/technology and r/apple
| Reuters: |
How the Trump family took over World Liberty Financial, which raised $550M+ via governance tokens; the family has a claim on 75% of net revenues of token sales — As World Liberty Financial raised more than half a billion dollars, President Donald Trump's family took control of the crypto venture … | Vicky Ge Huang / Wall Street Journal: |
Eric and Donald Trump Jr.'s American Data Centers plans to merge with Hut 8's American Bitcoin and take a 20% stake, aiming to create the world's largest miner — A business led by two of the president's sons will invest in American Bitcoin, a new mining company controlled by Hut 8| Bloomberg: |
Chinese startup Manus, whose AI agent service is still in beta, announces a $39 per month Manus Starter plan and an upgraded $199 per month Pro tier — The Beijing-based startup behind Manus has set up a $39-per-month tier and a $199 upgraded option, the latter in line with OpenAI's ChatGPT Pro.| Kevin Beaumont / DoublePulsar: |
Oracle is using very specific words to avoid responsibility for an Oracle Cloud breach, after a report on March 21 that a threat actor claimed responsibility — Being a provider of cloud SaaS (Software-as-a-service) solutions requires certain cybersecurity responsibilities — including being transparent and open.
More: DataBreaches.Net. Bluesky: @lisaforte. Mastodon: @GossiTheDog@cyberplace.social. Forums: r/netsec
| Reuters: |
TSMC says its Kaohsiung plant in Taiwan is set to begin 2nm wafer volume production in H2 2025, reaffirming its commitment to Taiwan during its US expansion — TSMC (2330.TW) said on Monday that its newly built domestic fab would add 7,000 tech jobs to the island's economy and that it will continue …
More: Benzinga, WinBuzzer, Tech Monitor, TrendForce News, Gizchina.com, and DigiTimes
| TechCrunch: |
Seattle-based Temporal, an open-source microservices orchestration service, raised a $146M Series C led by Tiger Global at a $1.72B post-money valuation — Seattle-based Temporal has made its name over the last several years in the world of microservices — specifically providing a platform … | Belle Lin / Wall Street Journal: |
AMD completes its $4.9B purchase of data center equipment designer ZT Systems, announced in August 2024, taking on its roughly 1,000 design engineers — Chip giant CEO Lisa Su says AI is still in its ‘very early stages’ as the company revs up competition with Nvidia
More: TechPowerUp and Motley Fool
| Ian King / Bloomberg: |
Cerebras says it has resolved “all open issues” with the CFIUS, as it prepares for an IPO; the AI startup filed a notice about its ties to Abu Dhabi's G42 — G42 also planned to buy more than 22 million shares in Cerebras. The Sunnyvale, California-based company had said the arrangement … | Zack Abrams / The Block: |
PumpSwap, a new DEX launched by Pump.fun's creators, processed $2.43B in cumulative trading volume after just 10 days, shaking up the Solana DEX ecosystem — - PumpSwap, the DEX recently launched by memecoin platform Pump.fun, has processed $2.43 billion in cumulative trading volume after just 10 days …
More: Dune, crypto.news, crypto.news, Cointelegraph, crypto.news, and Cryptopolitan. Forums: r/CryptoCurrency
| Amrith Ramkumar / Wall Street Journal: |
An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by the Senate on March 25, on US plans to counter Beijing on AI — Michael Kratsios will work to counter Beijing without disrupting U.S. businesses — WASHINGTON—Many Trump … | Reuters: |
Chinese AI startup Zhipu, which secured three rounds of government-backed funding in March 2025, launches a free AI agent, intensifying the domestic AI race — Chinese artificial intelligence startup Zhipu AI unveiled a free AI agent on Monday, joining a wave of similar launches in China's increasingly competitive AI market.
More: Bloomberg, WinBuzzer, Analytics India Magazine, and Caixin Global
| Arjun Kharpal / CNBC: |
Huawei reports FY 2024 revenue up 22.4% YoY to ~$118.2B, near its ~$123B record in 2020, net profit down 28% YoY to ~$8.63B, and R&D spend rising to ~$25B — Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated.
More: Associated Press, Wall Street Journal, Huawei, Reuters, Nikkei Asia, Huawei, South China Morning Post, Bloomberg, and RTÉ
Sponsor Posts
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IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Great Chat:
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Sources:
Reflection's founders on building a DeepSeek of the West
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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