| Bloomberg: |
President Trump says he is weighing proposals for US government to hold equity stakes in leading AI labs, and will soon discuss the idea with their executives — President Donald Trump expressed interest in the US government holding equity stakes in leading artificial intelligence developers … | CNBC: |
Source: OpenAI and White House are discussing a government stake in the company, to seed something like the “Public Wealth Fund” that OpenAI outlined earlier — OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday.| Wall Street Journal: |
Sources: US officials discussed the US taking stakes in major AI companies after Sam Altman pitched the idea in 2025; Altman met Bernie Sanders on Wednesday — The talks have been with artificial-intelligence leaders such as OpenAI CEO Sam Altman, who pitched the idea| Bloomberg: |
Filing: Google has agreed to pay SpaceX $920M per month for access to Nvidia chips as part of a cloud-services deal that runs through mid-2029 — Alphabet Inc.'s Google has agreed to pay Elon Musk's SpaceX $920 million a month for computing power as part of a cloud services deal that runs through mid-2029 … | Kate Conger / New York Times: |
Google Cloud says its SpaceX compute deal is a “short-term” agreement “to ensure we have bridge capacity to meet surging customer demand” for Gemini Enterprise — Elon Musk's rocket company said Google would pay it $920 million a month, as it prepared for its initial public offering.| Financial Times: |
Sources: Meta explores a stock offering to raise tens of billions to fund AI capital expenditures, following Google's record $85B share deal; META drops 5%+ — Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure| Igor Bonifacic / Engadget: |
OpenAI rolls out Lockdown Mode, an optional security setting designed to offer users advanced protection from prompt injection attacks by limiting some features — The company says most users don't need to use the feature. — OpenAI has begun rolling out Lockdown Mode … | Akash Girimath / Decrypt: |
Privacy token Zcash plunges after the disclosure of a 2022 vulnerability in its Orchard shielded pool that could have allowed undetectable ZEC counterfeiting — Zcash plunged double digits overnight after developers disclosed a critical vulnerability in the protocol's Orchard shielded pool … | Reuters: |
Trump signs a national security memorandum seeking to “accelerate the use of AI across intelligence and warfighting domains in line with American values” — The White House said on Friday it would accelerate the development and use of AI for national security applications … | Mayumi Negishi / Bloomberg: |
SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027 — SoftBank Group Corp.'s payments unit is buying the life insurance unit of T&D Holdings Inc. for ¥134.3 billion ($840 million) … | Ami Yamada / Nikkei Asia: |
Kepple: seed-stage startup funding in Japan fell 42% YoY in 2025 to a 10-year low of $124M, as the Tokyo Stock Exchange moves to reduce small listings — TOKYO — Funding in Japan for the earliest-stage startups tumbled 42% last year to a 10-year low of 19.9 billion yen ($124 million) … | Noel Randewich / Reuters: |
US-traded chipmakers plunged on Friday, after Broadcom missed expectations; Nvidia fell 6.19%, Micron fell 13.25%, AMD fell 10.86%, and Broadcom 7.92% — U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia … | CNBC: |
Bitcoin falls below $60K, its lowest level since October 2024, amid a record streak of bitcoin ETF outflows following Strategy's bitcoin sale — Bitcoin extended its losses on Friday, dropping to October 2024 lows to cap an already bruising week for crypto investors.| Kif Leswing / CNBC: |
Marvell and Flex, a contract manufacturer for electronics, will join the S&P 500; MRVL jumps 6%+ after hours after closing down 16.74% amid a broader sell-off — - Marvell Technology, which makes parts and products needed for the AI infrastructure boom, is joining the S&P 500| David Jeans / Reuters: |
Sources and docs detail defense tech startup Shield AI's struggles to overcome years of technical hitches and safety concerns with its V-BAT autonomous drone — A year ago, Ryan Tseng, the head of U.S. defense tech startup Shield AI, announced his company had turned a new page.| Bloomberg: |
Sources: Apollo and Blackstone finalized a $35B package for Anthropic to lease TPUs; Broadcom is backstopping payments on the debt's largest senior portions — Apollo Global Management Inc. and Blackstone Inc. have finalized a $35 billion financing package for Anthropic PBC to expand its AI infrastructure … | Grace Kay / The Information: |
Sources say xAI used Claude models for distillation and training, including using personal accounts and the intermediary service Blackbox AI after being cut off — SpaceX's AI lab has had a chaotic year so far, churning through leaders and staff before bringing in outside help in an effort to catch up to Anthropic in coding.| Lauren Feiner / The Verge: |
The NY State legislature passes a one-year moratorium on new large data centers, the first statewide ban of its kind if Governor Kathy Hochul signs it into law — It could become the first ban of its kind in a state. … The New York State legislature passed a one-year moratorium … | Natasha Korecki / NBC News: |
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| Wall Street Journal: |
| Aaron Holmes / The Information: |
| Mark Gurman / Bloomberg: |
| James Gallagher / BBC: |
| Michael Considine / CNBC: |
| Ryan Christoffel / 9to5Mac: |
| Nivedita Balu / Reuters: |