Techmeme
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Lime's shares closed up 4% in its Nasdaq debut on Wednesday, valuing the company at ~$1.7B, after Lime and existing stockholders raised ~$174M in its US IPO (Reuters)
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Sources: Apple is working on new iPad Pros and an entry-level 14" MacBook Pro with a new design in line with the upcoming touch-screen laptops for H1 2027 (Mark Gurman/Bloomberg)
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Alibaba and its US payment processor AUS agree to pay $600M to resolve DOJ allegations that they failed to prevent illegal sales of drugs and other products (Reuters)
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Sources: SoftBank has reopened talks for a $10B loan backed by its OpenAI stake and is offering to guarantee repayment if OpenAI collateral proves insufficient (Echo Wang/Reuters)
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Alex Karp calls US reliance on AI labs for military tech "effing insane", pans AI fees for businesses, and touts Palantir's Nvidia Nemotron deal for US agencies (Ty Roush/Forbes)
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Sources: SpaceX showed investors a handset-like device prototype with AI tech from xAI, a proprietary OS, a Snapdragon chip, and a design slimmer than an iPhone (Wall Street Journal)
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Sources: Microsoft has been working on a disc-to-digital feature for Xbox One and Xbox Series X that will let users digitize their physical game collections (Tom Warren/The Verge)
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Venice AI, which offers access to 200+ AI models while allowing users to retain their privacy, raised a $65M Series A led by Dragonfly at a $1B valuation (Ram Iyer/TechCrunch)
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Meta names Chief Marketing Officer Alex Schultz as its first-ever chief data officer, to manage AI analytics across the company, and names Denise Moreno as CMO (Sara Fischer/Axios)
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Uber dismissed two leaders at its AI data labeling business as part of a broader leadership transition at the unit, which it says is "seeing strong momentum" (Natalie Lung/Bloomberg)
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B2B sales workspace startup Aligned raised a $60M Series B led by PeakSpan Capital, taking its total funding to $73.8M, and says it has 1,000+ customers (Chris Metinko/Axios)
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Oxmiq, which aims to combine GPUs, CPUs, and a tensor engine into a single block of IP that it can license, raised $35M led by Samsung Catalyst Fund and Fudomo (Max A. Cherney/Reuters)
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Abu Dhabi-based MGX raised a $49B AI-focused fund, exceeding its $45B target, and plans to deploy as much as $10B annually from the fund over the next few years (Dinesh Nair/Bloomberg)
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Letter: the US says Anthropic "agreed to proactively detect and address security risks" of Fable 5 and Mythos 5; a source says Anthropic developed a "safeguard" (Financial Times)
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Sony says it will close the virtual PlayStation 3 store in select markets in 2026 before closing PS3 and PS Vita stores "in all other countries" in July 2027 (Jess Weatherbed/The Verge)