Techmeme
April 26, 2025, 4:30 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.
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 …
Dan Primack / Axios:
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Sponsor Post
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.
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.

Sponsor Posts

Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
SignalFire:
SignalFire raises another $1 billion to back applied AI startups  —  We build AI too.  It tracks 650M tech employees so we can help companies with recruiting and GTM across enterprise, infra, healthcare, security, and consumer.
Zoho:
How to turn employees into your brand's biggest supporters  —  Turning your employees into your brand's biggest advocates is one of the most powerful ways to grow your brand.  When employees feel connected to your mission …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

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