| Wall Street Journal: |
Sources: Walmart, Amazon, and Expedia have recently explored issuing or using stablecoins in the US to potentially save fees from cash and card transactions — Corporate coins could take payments activity away from banks and the traditional financial system| Kashmir Hill / New York Times: |
Some users say ChatGPT led them into conspiratorial thinking, and when confronted, it confessed to manipulation and told them to alert OpenAI and the media — Generative A.I. chatbots are going down conspiratorial rabbit holes and endorsing wild, mystical belief systems.| Emma Roth / The Verge: |
Google says it is testing Audio Overviews for certain Search queries, available for Labs users in English in the US — If you opt into the test, you'll see the option to generate an Audio Overview based on some of your searches. … Google is rolling out a test that puts its AI-powered Audio Overviews … | Wall Street Journal: |
23andMe says TTAM Research Institute, a nonprofit backed by Anne Wojcicki, is the new buyer for the company's assets, offering $305M and topping Regeneron's bid — Regeneron is backing away from buying the DNA-testing company after a nonprofit controlled by co-founder Wojcicki made a higher bid| Reuters: |
Sources: Google, Scale AI's largest customer, plans to cut ties with the company after the Meta deal; Microsoft, OpenAI, and xAI also plan to step back — Alphabet's (GOOGL.O) Google, the largest customer of Scale AI, plans to cut ties with Scale after news broke that rival Meta (META.O) … | Samantha Cole / 404 Media: |
Digital rights organizations urge the FTC to investigate Character.AI and Meta's “unlicensed practice of medicine facilitated” by therapy AI chatbots — Exclusive: An FTC complaint led by the Consumer Federation of America outlines how therapy bots on Meta and Character.AI … | Kate Clark / Bloomberg: |
Source: Accel, which owns 18.5% of Scale AI after investing a total of ~$350M, expects to gain over $2.5B from Meta's $14.3B investment in the startup — Accel is among a handful of VC firms poised to see big returns from early bets on Scale AI. — A handful of venture capital firms … | Bloomberg: |
| Jordan Novet / CNBC: |
Oracle stock jumped 24% this week, its best performance since 2001, and is up 29% in 2025, vs. Nasdaq's 1%, after the company reported cloud momentum — Oracle shares enjoyed their best week since 2001 as Wall Street cheered a strong earnings report and bullish comments on the company's prospects in cloud computing.| Dan Primack / Axios: |
A White House memo says David Sacks and Craft Ventures are divesting holdings in AI companies and hyperscalers like xAI and Meta — David Sacks, the venture capitalist advising President Trump on crypto and AI policy, is divesting his holdings in foundational AI companies and hyperscalers like xAI and Meta … | New York Times: |
President Trump's 2024 financial disclosure report shows he earned ~$57M from his stake in World Liberty Financial and $1.2M from an NFT licensing deal — Financial disclosures for 2024 filed by the president on Friday show that digital coins had already become one of his family's most successful ventures.| Emily Mason / Bloomberg: |
Source: Ramp raised $200M led by Founders Fund, valuing the startup at $16B, up from $13B in March, when it conducted a $150M share sale — Financial technology startup Ramp is now valued at $16 billion following a $200 million funding around, according to a person familiar with the matter.| Dominic Preston / The Verge: |
Google plans to shut down Android's Instant Apps, which let users launch apps without installing them, later this year citing low usage and engagement — The installation-free apps will join the Google graveyard in December. … Google has confirmed that it plans to shut … | Brian Gormley / Wall Street Journal: |
Ellipsis Health, which developed an AI voice agent to check in on patients between doctor visits, raised a $45M Series A led by Salesforce, Khosla, and CVS — Startup says its artificial-intelligence agent can make autonomous calls to patients — When hospitals discharge patients … | James Hunt / The Block: |
Yupp, which rewards users in crypto for comparing answers from multiple AI models and giving feedback, emerges from stealth with a $33M seed led by a16z crypto — - AI startup Yupp has raised $33 million in a seed funding round led by a16z crypto, founded by a team of veterans from Coinbase, Google, and X.| Heather Somerville / Wall Street Journal: |
The Army Reserve launches Detachment 201, an innovation corps with Palantir CTO, Meta CTO, and other tech execs advising on AI and tech as lieutenant colonels — Silicon Valley executives are joining a new innovation corps in Army Reserve — The nerd brigade is reporting for duty.
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| Matt Swider / The Shortcut: |
| Emma Roth / The Verge: |
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| CoinDesk: |