| Mackenzie Hawkins / Bloomberg: |
Sources: the US is proposing annual approvals for exports of chipmaking supplies to Samsung and SK Hynix factories in China, as part of a “site license” idea — The US is proposing annual approvals for exports of chipmaking supplies to Samsung Electronics Co. and SK Hynix Inc.'s factories … | SemiAnalysis: |
A deep dive into Huawei's Ascend AI chip production, SMIC, TSMC, US export controls, HBM bottlenecks, China's HBM issues, Huawei's data center chips, and more — H20 Shipments, Blackwell B30A, Bottlenecks to Chinese Chip Production, Export Controls, CXMT, SMIC, Cambricon| Jessica Toonkel / Wall Street Journal: |
OpenAI is providing its tools and computing resources for Critterz, a largely AI-made feature-length animated film that 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.| Washington Post: |
Current and ex-Meta employees submitted documents and affidavits to Congress alleging that Meta suppressed research on child safety risks in its VR platforms — The company's lawyers intervened to shape research that might have shed light on risks in virtual reality, four current and former staffers have told Congress.| Terrence O'Brien / The Verge: |
Google updates a Help Center article to clarify Gemini 2.5 Pro's usage limits: five prompts per day for free users, 100 prompts for AI Pro, and 500 for AI Ultra — Now you know exactly how many prompts you get for free a day. … Until very recently it wasn't clear what usage limits were placed on Gemini at the various tiers.| Bloomberg: |
SpaceX agrees to acquire EchoStar's AWS-4 and H-block spectrum licenses for up to $8.5B in cash and up to $8.5B in stock, resolving an FCC inquiry into EchoStar — SpaceX, the Elon Musk-backed company that owns the Starlink satellite internet network, agreed to acquire wireless spectrum … | Adam James / The Block: |
Forward Industries raised $1.65B via a private investment in a public equity offering led by Galaxy, Jump, and Multicoin for a Solana asset treasury strategy — - Forward Industries, Inc. announced a $1.65 billion private investment in a PIPE offering led by Galaxy Digital, Jump Crypto … | Anirban Sen / Reuters: |
Filing: Nasdaq asks the SEC to let investors trade tokenized securities on its exchange, and could roll out the first token-settled trades by the end of Q3 2026 — Nasdaq (NDAQ.O) is working with U.S. regulators to introduce trading of tokenized securities, becoming the latest major financial player … | Lucas Shaw / Bloomberg: |
A reimagined Wizard of Oz draws 4,000 to 5,000 fans two or three times per day to the Las Vegas Sphere; a source says the 1939 film may gross $1B in its new run — A reimagined Wizard of Oz is a surprise hit at the Las Vegas Sphere — Good afternoon from Los Angeles.| Andrew J. Hawkins / The Verge: |
Uber and Shanghai-based robotaxi startup Momenta plan to test Level 4 fully driverless cars in Munich from 2026, as a precursor to launching a robotaxi service — The tests are a precursor to the companies' plan to launch a robotaxi service in 2026.| Angel Au-Yeung / Wall Street Journal: |
Databricks raised $1B from Thrive, a16z, and others at a $100B valuation and is on track to generate $4B in revenue in its FY ending in January 2026, up 50% YoY — The data analytics company is close to completing its latest financing, raising $1 billion at a $100 billion valuation| Rebecca Ratcliffe / The Guardian: |
ASPI: Myanmar's online scam centers on the Thai border have increased from 11 to 27 since the military coup in 2021, holding an estimated 100K trafficked people — Operated by crime syndicates and fostered by the country's military junta, the number of vast complexes such as KK Park on the Thai-Myanmar border has doubled since 2021| M.G. Siegler / Spyglass: |
Anthropic's $1.5B copyright settlement pulls up a drawbridge on its startup rivals that cannot afford such fines, setting a floor price on training infringement — $1.5B. Damn. Who can afford to pay that? — There I was, just sitting there enjoying life when I got the push notification … | Reuters: |
Cloud cybersecurity software startup Netskope plans to sell 47.8M shares at $15 to $17 each in its Nasdaq IPO, valuing it at up to $6.5B and raising up to $813M — Netskope is seeking a valuation of up to $6.5 billion in its initial public offering in the United States …
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