Techmeme
April 26, 2025, 1:30 PM

Top News

Bloomberg:
Sources: XAI Holdings, the newly combined entity housing xAI and X, is in talks to raise roughly $20B, or possibly more, valuing the company at more than $120B  —  Elon Musk's XAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup …
Wall Street Journal:
Docs and sources detail the opaque market for shares of Elon Musk's private companies; Valor recently offered investors $1B worth of shares in SpaceX and xAI  —  Lucrative stock deals have allowed SpaceX to avoid public scrutiny even as it has grown into one of the largest companies in the U.S.
More: TESLARATI, MarketWatch, SPACE.com, and Politico
Bluesky: @iainmartin and @jetjockoX: @davecbenoitLinkedIn: Christine Healey
Alex Heath / The Verge:
Q&A with Perplexity CEO Aravind Srinivas on Motorola partnership, Perplexity's upcoming browser Comet, TikTok bid, ChatGPT's scale, Google's DOJ trial, and more  —  Aravind Srinivas discusses his partnership with Motorola, fighting Google, and why AI assistants are coming for browsers.
Gabe Kaminsky / The Free Press:
Leaked letter: interim US Attorney for DC Ed Martin accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt status  —  In a letter obtained by The Free Press, Trump appointee Ed Martin accuses the Wikimedia Foundation of violating the law.
The Information:
a16z, which owns ~20% of Deel, a stake worth $2.5B+, is advising Deel in fighting Rippling, whose CEO Parker Conrad said a16z pushed him out of Zenefits in 2016  —  Venture capital firm Andreessen Horowitz has landed in the middle of a nasty Silicon Valley spy scandal between …
Dan Primack / Axios:
Chris Welch / The Verge:
Google says it will end support for 1st- and 2nd-gen Nest thermostats on October 25, and won't launch new models in Europe due to its “unique” heating systems  —  The company is also pulling Nest thermostats out of Europe entirely, citing “unique” heating challenges.
Dario Amodei:
Interpretability, or understanding how AI models work, can help mitigate many AI risks, such as misalignment and misuse, that stem from AI systems' opacity  —  In the decade that I have been working on AI, I've watched it grow from a tiny academic field to arguably the most important economic and geopolitical issue in the world.
Leah Nylen / Bloomberg:
US v. Google: Chrome General Manager Parisa Tabriz testified that only Google can run Chrome, given the browser's “interdependencies” on other parts of Google  —  Google is the only company that can offer the level of features and functionality that its popular Chrome web browser has today …
Juro Osawa / The Information:
Sources: Butterfly Effect, the Chinese startup behind Manus, has discussed setting up a new HQ outside China, and separating its domestic and global businesses  —  Leaders of the Chinese startup behind the hit artificial intelligence agent Manus have discussed setting up new headquarters outside China …
More: WinBuzzer
Bloomberg:

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Earlier Picks

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