Wall Street Journal:
Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides — The tech titan can follow his own rules when he is combining two companies he owns, but the merger is still raising dealmaker eyebrows
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Wednesday, April 2, 2025
Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides (Wall Street Journal)
The Wikimedia Foundation says base bandwidth demand for downloading Wikimedia Commons multimedia content is up 50% since January 2024, driven by AI crawlers (Wikimedia)
Wikimedia:
The Wikimedia Foundation says base bandwidth demand for downloading Wikimedia Commons multimedia content is up 50% since January 2024, driven by AI crawlers — Since the beginning of 2024, the demand for the content created by the Wikimedia volunteer community - especially for the 144 million images …
Tuesday, April 1, 2025
Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the sixth-largest bitcoin holder in a single wallet (Yogita Khatri/The Block)
Yogita Khatri / The Block:
Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the sixth-largest bitcoin holder in a single wallet — Quick Take Tether acquired 8,888 BTC (worth about $735 million) in Q1 2025, following its reserve strategy.
The Alan Turing Institute, the UK's flagship AI agency, plans to focus on defense, environment, and health, after staff criticized its leadership in December (Financial Times)
Financial Times:
The Alan Turing Institute, the UK's flagship AI agency, plans to focus on defense, environment, and health, after staff criticized its leadership in December — Chief of Britain's flagship AI agency says ‘big strategic’ shift is needed — Britain's flagship artificial intelligence agency …
Monday, March 31, 2025
An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by the Senate on March 25, on US plans to counter Beijing on AI (Amrith Ramkumar/Wall Street Journal)
Amrith Ramkumar / Wall Street Journal:
An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by the Senate on March 25, on US plans to counter Beijing on AI — Michael Kratsios will work to counter Beijing without disrupting U.S. businesses — WASHINGTON—Many Trump …
PumpSwap, a new DEX launched by Pump.fun's creators, processed $2.43B in cumulative trading volume after just 10 days, shaking up the Solana DEX ecosystem (Zack Abrams/The Block)
Zack Abrams / The Block:
PumpSwap, a new DEX launched by Pump.fun's creators, processed $2.43B in cumulative trading volume after just 10 days, shaking up the Solana DEX ecosystem — - PumpSwap, the DEX recently launched by memecoin platform Pump.fun, has processed $2.43 billion in cumulative trading volume after just 10 days …
Sunday, March 30, 2025
Cambridge, UK-based Camgraphic, which is developing graphene-based photonics chips for AI, HPC, autonomous cars, and other applications, raised a €25M Series A (Maya Dharampal-Hornby/Sifted)
Maya Dharampal-Hornby / Sifted:
Cambridge, UK-based Camgraphic, which is developing graphene-based photonics chips for AI, HPC, autonomous cars, and other applications, raised a €25M Series A — The money will be used to develop the startup's R&D operations in Pisa and establish a pilot manufacturing line in Milan
As ChatGPT's Studio Ghibli-style images going viral sparks a debate, AI may not devalue human-created art and may even elevate it by fueling a creation economy (M.G. Siegler/Spyglass)
M.G. Siegler / Spyglass:
As ChatGPT's Studio Ghibli-style images going viral sparks a debate, AI may not devalue human-created art and may even elevate it by fueling a creation economy — There are fundamental questions likely without good answers; let's focus on how this needs to work for everyone
A look at inZOI, a new life simulation game by South Korean studio Krafton that aims to appeal to players in Asia, where The Sims never gained popularity (Bloomberg)
Bloomberg:
A look at inZOI, a new life simulation game by South Korean studio Krafton that aims to appeal to players in Asia, where The Sims never gained popularity — inZOI, a new life-simulation video game, gets more realistic and more multicultural — Most people have fantasized about inhabiting someone else's life.
Dyna Robotics, which is building AI-powered robots to help businesses automate repetitive tasks like chopping food, emerged from stealth with a $23.5M seed (Sharon Goldman/Fortune)
Sharon Goldman / Fortune:
Dyna Robotics, which is building AI-powered robots to help businesses automate repetitive tasks like chopping food, emerged from stealth with a $23.5M seed — When Instacart acquired Lindon Gao's self-checkout shopping startup, Caper AI, for $350 million in 2021, it marked a big win …
Saturday, March 29, 2025
Replit CEO Amjad Masad says learning to code is a waste of time, citing Dario Amodei's prediction that AI may generate essentially all code by next year (Arfa Javaid/Financial Express)
Arfa Javaid / Financial Express:
Replit CEO Amjad Masad says learning to code is a waste of time, citing Dario Amodei's prediction that AI may generate essentially all code by next year — Repli CEO Amjad Masad said that since AI will take over coders in future, one should not waste time on studying coding now.
Sources: TSMC, Intel, and other chipmakers have slowed their expansions in Japan and Malaysia due to lackluster demand for older chips and tariff uncertainties (Nikkei Asia)
Nikkei Asia:
Sources: TSMC, Intel, and other chipmakers have slowed their expansions in Japan and Malaysia due to lackluster demand for older chips and tariff uncertainties — TAIPEI — Leading chipmakers and packagers including Taiwan Semiconductor Manufacturing Co. and Intel have slowed the pace …
US tech companies are racing to establish more and bigger offshore campuses in India, fully staffed with highly skilled professionals in cities like Bengaluru (New York Times)
New York Times:
US tech companies are racing to establish more and bigger offshore campuses in India, fully staffed with highly skilled professionals in cities like Bengaluru — An abundance of motivated young professionals is luring American businesses to base their global operations in Indian cities.
World History Encyclopedia, the second most visited history site, says its traffic fell 25% in Nov. 2024 after AI search tools began presenting its information (Alex Kantrowitz/Big Technology)
Alex Kantrowitz / Big Technology:
World History Encyclopedia, the second most visited history site, says its traffic fell 25% in Nov. 2024 after AI search tools began presenting its information — World History Encyclopedia CEO Jan van der Crabben saw his site show up in Google's AI Overviews and ChatGPT. Then traffic dropped 25%.
Friday, March 28, 2025
An appeals court agrees with India's antitrust regulator that Google's app store billing policy was unfair and restrictive but cuts the fine from $110M to $25M (Bloomberg)
Bloomberg:
An appeals court agrees with India's antitrust regulator that Google's app store billing policy was unfair and restrictive but cuts the fine from $110M to $25M — An appeals court Friday agreed with India's antitrust regulator that Google's app store billing policy was unfair and restrictive for developers …
Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides (Wall Street Journal)
Wall Street Journal : Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stan...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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Expanding its "Azure IP Advantage" programme, Microsoft is donating 500 patents to start-ups that are part of a non-profit organis...