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The Information: 25 mins ago

Docs: Scale AI had revenue of $870M in 2024, missing its $1B target, and plans a $150M share sale that values the startup at around $25B, up 80% from a year ago

Lydia Beyoud / Bloomberg: 34 mins ago

The US SEC Chairman says the agency has ample authority to oversee digital assets as Congress debates if SEC or the CFTC should be the primary crypto regulator

Financial Times: 40 mins ago

Deliveroo, which listed in London with a £7.6B valuation in 2021, says it received a buyout proposal from DoorDash that would value the company at £2.7B

Bloomberg: 45 mins ago

Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East

Washington Post: 85 mins ago

Sources: China has quietly exempted from tariffs at least eight classifications of US-made microchips, as it seeks to exempt “irreplaceable” goods

Newcomer: 2 hours ago

Internal presentation by Microsoft's CFO Amy Hood: number of users for Copilot has been flat over the past year with ~20M weekly users, as ChatGPT grew to 400M

Tom Warren / The Verge: 2 hours ago

Microsoft makes Recall available to all Copilot+ PCs, along with a new AI-powered Windows search and Click to Do, which works like Google's Circle to Search

Financial Times:

Sources: Apple plans to move assembly of all iPhones sold in the US, or 60M+ iPhones per year, to India by the end of 2026, in response to Trump's trade war

Tom Warren / The Verge:

Microsoft makes Recall available to all Copilot+ PCs, along with a new AI-powered Windows search and Click to Do, which works like Google's Circle to Search

Kyle Wiggers / TechCrunch:

OpenAI expands deep research usage for Plus, Pro, and Team users with an o4-mini-powered lightweight version, which also rolls out to Free users today

Leo Schwartz / Fortune:

Nous, which plans to launch an AI training system on Solana using people's idle computing power, raised a $50M Series A, a source says at a $1B token valuation

Washington Post:

Sources: China has quietly exempted from tariffs at least eight classifications of US-made microchips, as it seeks to exempt “irreplaceable” goods

Newcomer:

Internal presentation by Microsoft's CFO Amy Hood: number of users for Copilot has been flat over the past year with ~20M weekly users, as ChatGPT grew to 400M

John Revill / Reuters:

Swiss National Bank says cryptocurrencies failed to meet its currency reserve standards, as a referendum campaign seeks to require SNB to hold bitcoin reserves

Emma Roth / The Verge:

Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on

Carmen Arroyo / Bloomberg:

Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021

Stephen Nellis / Reuters:

Adobe says Firefly users can now generate images using OpenAI's GPT, Google's Imagen 3 and Veo 2, and Flux 1.1 Pro, in addition to its own Firefly image models

Danny Goodwin / Search Engine Land:

YouTube is testing a new AI Overviews carousel in its search results for queries focused on products and location information, for some US Premium subscribers

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