Analysis: since April 2, President Trump has excluded over $100B in US smartphone and laptop imports from tariffs, highlighting conflicting administration goals — Exclusions reflect conflicting goals: to rip up the rules of global trade while cushioning US consumers.
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CB Insights: Figma's IPO was the largest venture-backed IPO by market capitalization for a US tech company since Rivian's debut in November 2021 — At more than $19 billion, the design-software company's initial market cap priced well above its private valuation, a welcome scenario for venture investors
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Microsoft's latest 10-K shows that the company's committed datacenter construction is down YoY, with almost no new leases signed in the past 12 months — Microsoft datacenter strategy - still in⏸️mode 🧵 @JeremieEO Four months ago we flagged Microsoft's pause on more than 1.5 GW of self-build capacity — on top of the leasing freeze we called out in December. Microsoft's latest 10-K backs us up: committed datacenter construction [image]
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Signatories to the EU's voluntary AI Code of Practice include Amazon, Anthropic, Google, Microsoft, and OpenAI, while Chinese AI companies remain absent — Nearly all dominant EU and US AI developers have signed up, but - so far - there are none from China.
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Manus unveils Wide Research, an experimental feature that lets users on its Pro plan enlist dozens of parallelized AI agents for large-scale, high-volume tasks — Chinese AI startup Manus, which made headlines earlier this year for its approach to a multi-agent orchestration platform for consumers and …
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Roblox's average DAUs grew 41% YoY to 111.8M in Q2 and hours engaged rose 58% YoY to 27.4B, driven by the success of tycoon-style farming game Grow a Garden — Roblox (RBLX.N) raised its annual bookings forecast on Thursday and topped 100 million in daily active users thanks to the viral success …
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Anthropic details “persona vectors”, patterns of activity within an AI model's neural network that control its character traits, such as evil and sycophancy — Read the paper — Language models are strange beasts. In many ways they appear to have human-like “personalities” …
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Trump Media reports Q2 net sales up 5.5% YoY to $883.3K and a net loss of $20M, and says it accumulated ~$2B in bitcoin and bitcoin-related securities in July — The company raised nearly $2.4 billion for its Bitcoin treasury strategy in the three-month period
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Cerebras announces the $50/month Code Pro and the $200/month Code Max plans, offering users access to Qwen3-Coder at speeds of up to 2,000 tokens per second — We are launching two new plans designed to make AI coding faster and more accessible: Cerebras Code Pro ($50/month) and Code Max ($200/month).
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Subzero Labs, which is building Rialo, a blockchain designed for non-crypto developers to build “real-world” apps, raised a $20M seed led by Pantera Capital — Subzero Labs cofounders Ade Adepoju (left) and Lu Zhang. — COURTESY OF SUBZERO LABS
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A US jury finds Meta violated the California Invasion of Privacy Act when it intentionally recorded the health data of women via the period tracking app Flo — The jury got to decide how seriously Big Tech takes privacy, the attorney for a class of Flo users said in closing arguments.
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Anthropic revoked OpenAI's API access to Claude, citing ToS violations; sources: OpenAI's use of the API let it compare its models' behavior against Claude's — OpenAI lost access to the Claude API this week after Anthropic claimed the company was violating its terms of service.
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Sources: in a rare companywide meeting, Tim Cook said the AI revolution is “ours to grab”, Apple's AI efforts will mirror its iPhone successes, and more — Apple Inc. Chief Executive Officer Tim Cook, holding a rare all-hands meeting following earnings results …
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Sources: Mistral is in discussions, including with Abu Dhabi's MGX, to raise $1B at a valuation of about $10B, up from its previous valuation of €5.8B — French AI start-up seeks additional firepower to compete with deep-pocketed US and Chinese rivals
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Meta, Alphabet, Microsoft, and Amazon have collectively spent ~$90B on capex in their most recent quarters and are expected to spend over $344B for the year — If there's any lesson to take from the spending plans issued by the world's largest technology companies over the past two weeks …
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Filings: crypto industry donated $26M+ to Trump's super PAC, MAGA Inc., in H1, including $5M from Blockchain.com; Marc Andreesen and Ben Horowitz gave $3M each — The crypto industry has donated more than $26 million to President Trump this year, according to newly-filed campaign finance disclosures.
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Google says it will preserve “actively used” goo.gl URLs, after announcing earlier that all existing goo.gl links would stop working in August 2025 — After originally planning to have all goo.gl URLs stop working later this month, Google will now “preserve actively used links.”
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A US jury finds Tesla partially liable for Autopilot's role in a fatal 2019 crash in Florida, and orders the company to pay $200M in punitive damages — The outcome is a stunning rebuke for Tesla, which for years has fought to absolve itself of responsibility when its technology is involved in a crash.
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Source: GPT-5 improvements won't be comparable to the leaps in performance of earlier models, such as between GPT-3 in 2020 and GPT-4 in 2023 — OpenAI made waves across the industry in December when it published the results from its tests of artificial intelligence that performs better …
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Fundamental Research Labs, which is working on AI applications in different fields, including a general-purpose consumer assistant, raised a $30M Series A — Applied AI research company Fundamental Research Labs (formerly known as Altera) announced today that it has raised $30 million …
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Instagram now requires users to have a public account with 1,000+ followers to go live, aligning with TikTok; previously, the feature was open to all users — Instagram users now need a public account with a minimum of 1,000 followers to go live on the platform, the social network confirmed to TechCrunch.
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Hoboken, NJ-based Saphyre, which makes software used in securities trading, raised $70M from FTV Capital — The growth investment in Saphyre marks the private-equity firm's latest deal targeting capital-markets technology providers — Private-equity firm FTV Capital has invested $70 million in Saphyre …
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Reddit pauses plans to let users make subreddits with content behind a paywall, as it focuses on other priorities, including “accelerating international growth” — Subreddits that would charge a fee for access aren't happening anytime soon.
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Sources: thousands of US export license applications, including for Nvidia's shipments of AI chips to China, are stalled due to US Commerce Department turmoil — Thousands of license applications by U.S. companies to export goods and technology around the globe, including to China …
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In the UK, X and Reddit are blocking wide-ranging content, including about parliamentary debates, Ukraine, and Gaza, to comply with the Online Safety Act — Social media companies are blocking wide-ranging content - including posts about the wars in Ukraine and Gaza - in an attempt to comply …
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Nintendo plans to raise the price of original Switch “family of systems and products” and some Switch 2 accessories in the US; Switch 2 price won't change — The price hike will affect the family of original Switch systems, including the Lite and OLED.
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