Techmeme
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EU warns that VPNs are being used to bypass online age-verification systems, calling their use "a loophole in the legislation that needs closing" (Alex Lekander/CyberInsider)
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Impressions of China's AI ecosystem after visiting many leading AI labs there, and the similarities and differences in working on LLMs in China and the West (Nathan Lambert/Interconnects AI)
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Sources: Apollo Global and Blackstone are among private credit lenders in talks with Broadcom over a ~$35B financing deal to fund the development of AI chips (Bloomberg)
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Sources: Cerebras plans to raise its IPO price range from $115-$125 per share to $125-$135 after drawing orders for more than 20x the number of shares available (Bloomberg)
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A hack of Instructure's Canvas locked out students at schools and universities across the US in the middle of finals period; some US colleges postponed exams (Associated Press)
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Sources: Isomorphic Labs, an AI-powered drug discovery company spun out of Google DeepMind, is in advanced talks to raise $2B+ led by Thrive Capital (Bloomberg)
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Akamai says it struck a seven-year cloud computing deal with a "leading frontier model provider"; sources: the deal was with Anthropic and is worth $1.8B (Rachel Metz/Bloomberg)
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Interviews with Intel CEO Lip-Bu Tan and other execs about the challenges of a turnaround, along with efforts to instill a sense of urgency in the organization (Ian King/Bloomberg)
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Sources: Apple and Intel have reached a formal deal in recent months for Intel to manufacture some chips for Apple devices; INTC closes up 13.93% (Wall Street Journal)
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OnlyFans agrees to sell a ~16% stake to Architect Capital for $535M in a deal that values the company at about $3.15B (Olivia Solon/Bloomberg)
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Investor letter: TCI, one of the world's biggest hedge funds, cut almost all of its $8B Microsoft stake, citing AI risks primarily for Office and some for Azure (Costas Mourselas/Financial Times)
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Whoop plans to offer US users on-demand, in-app video consultations with licensed clinicians, and adds electronic health records and AI-powered health guidance (Brandon Gomez/CNBC)
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Sony reports a $765M impairment loss due to Marathon developer Bungie's underperformance during its FY ending March 31, 2026; Sony acquired Bungie in early 2022 (Wesley Yin-Poole/IGN)
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Sources: DeepSeek seeks to raise up to ~$7.3B at a $50B+ valuation in its first-ever funding round and CEO Liang Wenfeng could make a ~$2.9B personal investment (The Information)
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European Central Bank President Christine Lagarde expressed skepticism over the need for euro-pegged stablecoins, saying they could hamper the ECB's work (Reuters)
TechCrunch
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Prime Video follows Netflix and Disney by adding a TikTok-like âClipsâ feed in its app
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Intelâs comeback story is even wilder than it seems
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Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
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Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul
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Mother Ventures is looking at moms as the âeconomic engineâ
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Uber partner Avride is under investigation for self-driving crashes
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Poland says hackers breached water treatment plants, and the US is facing the same threat
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US defense contractor who sold hacking tools to Russian broker ordered to pay $10M to former employers
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Pentagon releases UFO files on new website
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Truecaller slashes 70 jobs amid declining ad sales
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Live only at TechCrunch Disrupt 2026: Why most founders are already behind on raising a Series A in 2027
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Last 24 hours to get 50% off a second pass to TechCrunch Disrupt 2026
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Lime, the Uber-backed micromobility company, files for IPO
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The biggest US power grid is under strain from AI â and no one is happy
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Airbnb says AI now writes 60% of its new code
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The fax machine is the bottleneck in US healthcare, and VCs are starting to notice
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Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B
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OpenAI launches new voice intelligence features in its API
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Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37%
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Disney looking to make a unified âsuper app,â report says