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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...

1 month ago 8 Add to circle

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...

1 month ago 15 Add to circle

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...

1 month ago 7 Add to circle

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 ...

1 month ago 7 Add to circle

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...

1 month ago 8 Add to circle

Study: US schools with strict cellphone bans in class have not seen higher test scores on average so far, but students reported a greater sense of well-being (Dana Goldstein/New York Times)

Study: US schools with strict cellphone bans in cl...

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Sources: Blue Origin outlines a new employee stock plan to quell staff unrest and make its incentives more competitive with SpaceX (Rafe Rosner-Uddin/Financial Times)

Sources: Blue Origin outlines a new employee stock...

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Google has quietly shut down Project Mariner, its Chrome-browsing AI agent for completing tasks on users' behalf, after highlighting it onstage at I/O 2025 (Max Zeff/@zeffmax)

Google has quietly shut down Project Mariner, its ...

1 month ago 10 Add to circle

Germany-based eleQtron, which develops trapped-ion quantum computing processors using proprietary tech, raised a €57M Series A led by Schwarz Digits (Tamara Djurickovic/Tech.eu)

Germany-based eleQtron, which develops trapped-ion...

1 month ago 9 Add to circle

Source: Alphabet is in talks with Blackstone, KKR, and EQT to give their portfolio companies AI model access, after OpenAI's and Anthropic's JVs with PE firms (The Information)

Source: Alphabet is in talks with Blackstone, KKR,...

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Nace.AI, which lets companies build specialized AI models tailored to their business' mission and language, raised a $21.5M seed led by Walden Catalyst (Chris Metinko/Axios)

Nace.AI, which lets companies build specialized AI...

1 month ago 10 Add to circle

Coupang reports Q1 revenue up 8% YoY to $8.5B and a net loss of $266M following a 2025 Korean customer data breach, its largest loss since Q4 2021 (The Korea Herald)

Coupang reports Q1 revenue up 8% YoY to $8.5B and ...

1 month ago 11 Add to circle