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Official doc: India's Serious Fraud Office urges the government to probe Xiaomi over alleged business model irregularities and foreign investment law violations (Aditya Kalra/Reuters)

industry
12 days ago▲ 24
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President Trump rejects warnings of AI-driven human extinction, saying the US leads China by a year and will be "in a very bad position" if it doesn't win in AI (Jeff Mason/Bloomberg)

industry
12 days ago▲ 24
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Tencent-backed AI chipmaker Enflame's shares surged 188% in their Shanghai debut, giving Enflame a market cap of $26.3B, after raising ~$910M in an IPO (Ann Cao/South China Morning Post)

industry
12 days ago▲ 24
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A US judge finds TikTok liable for lying about its safety standards and exposing minors to inappropriate content, in a 2025 lawsuit filed by Texas AG Ken Paxton (Christian Terry/Click2Houston.com)

industry
12 days ago▲ 24
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Sources: Kalshi plans to seek US regulatory approval to start offering single-stock perpetual futures; Coinbase filed similar regulatory paperwork last week (Wall Street Journal)

industry
12 days ago▲ 24
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techmeme

An interview with Apple CEO John Ternus and Greg Joswiak on making the iPhone Duo, minimizing the crease, uninspiring Android foldables, the price, and more (Mark Spoonauer/Tom's Guide)

industry
12 days ago▲ 24
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techmeme

Adobe says it hit 1B MAUs, with freemium MAUs surpassing 100M in Q3, up 70%+ YoY, as it increasingly focuses on expanding its freemium AI offerings (Elias Schisgall/Wall Street Journal)

industry
12 days ago▲ 24
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Sources: Sam Altman told OpenAI employees that the company is considering slowing cutting-edge AI development, and he hopes other AI companies will do the same (Bloomberg)

industry
12 days ago▲ 24
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Sources: OpenAI asked members of Congress for guidance on whether orchestrating an industry-wide slowdown in AI development would be legal under antitrust law (Maxwell Zeff/Wired)

industry
12 days ago▲ 24
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Only 4% of the startups in YC's 2026 spring batch had a native mobile app as their main product, down from 15% in 2013, as startups focus on AI and agents (Parmy Olson/Bloomberg)

industry
12 days ago▲ 24
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Source: AI assistant Instinct is looking to raise $1B in new funding after recently raising $250M, as it seeks more computing power amid capacity constraints (The Information)

industry
12 days ago▲ 24
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London-based Xapien, which uses AI for background checks and due diligence, raised a $56M Series B led by Spectrum Equity (Lucinda Shen/Axios)

industry
12 days ago▲ 24
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Sources: the Pentagon is in talks to lend roughly $5B to neocloud Fluidstack; Fluidstack is being advised on its loan application by Palmer Luckey's Erebor Bank (Wall Street Journal)

industry
12 days ago▲ 24
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Sources: Microsoft plans to expand its data center capacity from 12 GW today to 38+ GW by 2032, with about a third of the 38 GW centered on AI-specific chips (Bloomberg)

industry
12 days ago▲ 24
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Adobe reports Q3 revenue up 13% YoY to $6.76B, vs. $6.7B est., AI-first annual recurring revenue up 150% YoY, and forecasts Q4 revenue slightly below estimates (Anzar Mehraj/Reuters)

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12 days ago▲ 24
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California Gov. Gavin Newsom signs bills restricting "addictive" social media features for under-16s and limiting minors' interactions with chatbots (Colin Lecher/CalMatters)

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12 days ago▲ 24
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Oracle reports Q1 revenue up 30% YoY to $19.35B, vs. $19.14B est., cloud infrastructure revenue up 121% to $7.4B, vs. $7.09B est.; ORCL jumps 6%+ after hours (Jordan Novet/CNBC)

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12 days ago▲ 24
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Sources: Altera is preparing to confidentially file for an IPO in the coming weeks; the offering could raise over $2B, with a listing as early as this year (Reuters)

industry
12 days ago▲ 24
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ID verification service IDScan confirms that a data breach involved the theft of driver's licenses from its systems after hackers offered 153M licenses for sale (Zack Whittaker/TechCrunch)

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12 days ago▲ 24
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OpenAI says it will pause new $200/month ChatGPT Pro subscriptions amid "unprecedented" Astra demand; existing accounts, other plans, and API are unaffected (Tibo/@thsottiaux)

industry
12 days ago▲ 24
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