Techmeme
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A look at Founders Fund-backed State Affairs, which raised $70M and uses AI trained on reporting by its 76 staffers to power a Bloomberg Terminal-like product (Washington Post)
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TerraFirma, a construction tech company founded by two former SpaceX engineers to build remote-controlled construction equipment, raised $115M (Samantha Subin/CNBC)
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Sources: Uber is in advanced talks to acquire Delivery Hero in a deal valuing the German food-delivery company well above its recent market value of âŹ11.2B (Bloomberg)
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Google Images launches a Pinterest-like redesign with a browsable, dynamic gallery of images, and adds a way for users to create AI images in Search (Aisha Malik/TechCrunch)
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The European Commission proposes exempting wearable tech from rules requiring removable batteries, clearing a hurdle for Meta's smart glasses, after US pressure (Politico)
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Anthropic announces a new Claude for Teachers initiative, as part of which it will provide K-12 teachers in the US free access to premium Claude features (Zac Hall/9to5Mac)
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Sources: data center operator Switch has hired investment banks for a US IPO that could raise up to $10B and value it at $80B, set for as soon as Q4 (Reuters)
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Hachette, Elsevier, Cengage Learning, and author Scott Turow sue Google for allegedly using millions of copyrighted books and articles to build AI models (A.J. Katz/The Wrap)
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A Trump administration official says a "trivial" number of Nvidia's H200 chips were shipped to China after winning a US license, without offering specifics (Bloomberg)
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Chinese startup DFSX launches an AI chip that it claims uses a fully domestic supply chain and is built on a 14nm process, but says it can rival 4nm chips (Wall Street Journal)
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Velocity, a stablecoin treasury and settlement platform, raised a $38M Series A led by Dragonfly and FirstMark, bringing its total funding to around $50M (Daniel Kuhn/The Block)
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OpenAI strikes a partnership with Kalshi to show FIFA World Cup prediction market data in ChatGPT search results, its first deal with a prediction market (Mike Isaac/New York Times)
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Spotify launches Talk to Spotify, letting users create playlists and more via voice, rolling out in beta to Premium users age 18+ in the US, Ireland, and Sweden (Steve Dent/Engadget)
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Researcher: SpaceXAI's Grok Build CLI uploaded user repos to a Google Cloud Storage bucket; uploads have now stopped and Musk says prior uploads will be deleted (Connor Jones/The Register)
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Filing: Chinese chipmaker CXMT is seeking to raise ~$9.8B in an IPO on Shanghai's chip-heavy STAR Board, pricing 6.69B shares at ~$1.28 each (David Morris/Bloomberg)