Techmeme
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At a White House summit, Xi Jinping says the US and China have "the capability and responsibility to develop and manage AI for good" as "leading nations" in AI (Mallory Wilson/The Hill)
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Google updates Gemini 3.8 Live with Live Avatar, an animated AI persona that lip-syncs and shows different facial expressions, for Gemini Enterprise customers (Emma Roth/The Verge)
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Email: Microsoft is moving its communications function out of its marketing group and into the corporate, external, and legal affairs org led by Brad Smith (Todd Bishop/GeekWire)
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Sources: OpenEvidence, an AI search engine for doctors, raised $250M at a $15B valuation, up from $12B in January; it could be open to selling itself (Katie Roof/Business Insider)
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The Fed unveils stablecoin proposals, including requiring some issuers to fully back tokens with permissible reserve assets, such as short-term Treasury bills (Megan Howard/Bloomberg)
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Meta unveils mobile app Horizon Create and web app Horizon Studio for building games with AI prompts; the games will run on Facebook, Instagram, and Horizon (Jay Peters/The Verge)
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The US files an application with the EU's General Court in support of X's effort to annul a 2025 âŹ120M DSA fine, arguing the EU engaged in regulatory overreach (Bloomberg)
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Sources: Jev developer TypeSafe is in talks to raise $1B+ at a $10B+ valuation; last week the startup announced a $40M seed, PitchBook says at a $200M valuation (The Information)
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Sources: A24, Sony Pictures, and NYT have registered interest in acquiring Letterboxd, which has a user base of 30M and is expected to be valued at $300M+ (New York Times)
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In a default judgment, a US federal judge awards Nintendo of America $4.5M in damages in its lawsuit against a Reddit moderator who sold pirated Switch games (Nicole Carpenter/Aftermath)
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Sources: the NSA told lawmakers it is spending billions this year to test AI models; proposals for a US AI regulatory body estimated costs of $20M-$40M per year (Jeff Stein/The Washington Sun)
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Sources: the White House asked OpenAI and Anthropic not to share new models with UK's AISI until US reviews them; Anthropic appears to have agreed (Politico)
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Amazon rolls out multichannel tools in Seller Central, letting US sellers manage eBay, Shopify, TikTok and Walmart sales alongside their Amazon businesses (Todd Bishop/GeekWire)
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Google is testing Call for Me, which lets Gemini call businesses on behalf of users, initially for Pixel 11 users with a Gemini subscription in the US (Sarah Perez/TechCrunch)
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New York AG Letitia James sues Polymarket US, alleging that the site is illegally running a gambling operation, as part of NY's crackdown on prediction markets (Kevin T. Dugan/Wall Street Journal)