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Magnitt: startup funding in the Middle East and North Africa was flat YoY at $799M in Q1 amid the Iran war; Saudi VC firms are pressing ahead with fundraising (Yassmin Jabri/Bloomberg)

Magnitt: startup funding in the Middle East and No...

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A profile of David Sacks, appointed as White House...

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Sources: in a reshuffle, LinkedIn CEO Ryan Roslansky will lead Microsoft's new Work Experiences Group, including Teams, after 35-year veteran Rajesh Jha retired (Tom Warren/The Verge)

Sources: in a reshuffle, LinkedIn CEO Ryan Roslans...

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Corning and Nvidia partner to open three advanced manufacturing plants in North Carolina and Texas dedicated to optical tech, boosting Corning's US capacity 10x (Katie Tarasov/CNBC)

Corning and Nvidia partner to open three advanced ...

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OpenAI partners with Microsoft, AMD, Broadcom, Nvidia, and Intel researchers to detail the Multipath Reliable Connection (MRC) protocol to help scale compute (Nat Rubio-Licht/The Deep View)

OpenAI partners with Microsoft, AMD, Broadcom, Nvi...

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Instacart reports Q1 revenue up 14% YoY to $1.02B, above $1.01B est., GTV up 13% YoY to $10.3B, and orders up 10% YoY to 91.2M, as users focus on affordability (Nicholas G. Miller/Wall Street Journal)

Instacart reports Q1 revenue up 14% YoY to $1.02B,...

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Crypto miner Hut 8 signs a lease worth $9.8B+ over 15 years to provide computing power to a "high-investment-grade company" at its Nueces County, Texas campus (Dina Bass/Bloomberg)

Crypto miner Hut 8 signs a lease worth $9.8B+ over...

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Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, trips up 20% YoY to 3.6B, and a $1B revenue UK tax law hit (Financial Times)

Uber reports Q1 revenue up 14% YoY to $13.2B, belo...

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Document: SpaceX proposes a $55B investment to build a Terafab chip facility in Grimes County, Texas, with potential total capital expenditures reaching $119B (Debby Wu/Bloomberg)

Document: SpaceX proposes a $55B investment to bui...

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Finnish AI lab QuTwo, led by ex-AMD Silo AI CEO Peter Sarlin, raised a €25M angel round at a €325M valuation, and secures $23M in committed partnership revenue (Anna Heim/TechCrunch)

Finnish AI lab QuTwo, led by ex-AMD Silo AI CEO Pe...

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Sources: Denver-based, Blue Owl Capital-owned Stack Infrastructure is considering selling all or some of its Asia data center operations in an up to $30B deal (Bloomberg)

Sources: Denver-based, Blue Owl Capital-owned Stac...

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DefiLlama: investors pulled ~$14B from the DeFi sector after North Korea-linked hackers stole $290M from Aave in April, weeks after stealing $280M from Drift (Financial Times)

DefiLlama: investors pulled ~$14B from the DeFi se...

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A medical student reverse-engineered AI tools used by medical colleges on suspicion they were filtering his applications, highlighting AI-driven hiring concerns (Todd Feathers/Wired)

A medical student reverse-engineered AI tools used...

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Sources: the Big Fund, China's biggest state-backed chip investment fund, is seeking to lead an investment in DeepSeek that could value the AI company at ~$45B (Financial Times)

Sources: the Big Fund, China's biggest state-backe...

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Study: using weaker AI models to supervise a more capable model could prevent the stronger model from deliberately underperforming on benchmarks and evaluations (Emil Ryd/@emilaryd)

Study: using weaker AI models to supervise a more ...

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The delayed IPO of Visma, an accounting software company valued at €19B, amid SaaSpocalypse fears, is a major setback for PE parent Hg, a software buyout giant (Financial Times)

The delayed IPO of Visma, an accounting software c...

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Infineon expects data center revenue to grow from €1.5B in FY2026 to €2.5B in FY2027, as it and EU peers STMicro and NXP benefit from AI infrastructure demand (Christina Kyriasoglou/Bloomberg)

Infineon expects data center revenue to grow from ...

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Security camera companies are embracing AI to give customers detailed descriptions of surveillance footage that are often spot on but can also be wildly wrong (Scott Calvert/Wall Street Journal)

Security camera companies are embracing AI to give...

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