Sources: Mistral plans to raise €500M at an over €5B valuation from multiple VCs and wealth funds, after raising ~€400M at a €2B valuation in December 2023 (Financial Times)

Financial Times:
Sources: Mistral plans to raise €500M at an over €5B valuation from multiple VCs and wealth funds, after raising ~€400M at a €2B valuation in December 2023  —  One-year-old French start-up approached by multiple investors who view it as Europe's answer to OpenAI

Twitch plans to roll out its TikTok-style discovery feed later in April, letting users scroll clips and livestreams, after testing the feature for a year (Emma Roth/The Verge)

Emma Roth / The Verge:
Twitch plans to roll out its TikTok-style discovery feed later in April, letting users scroll clips and livestreams, after testing the feature for a year  —  After nearly a year of testing, Twitch's new TikTok-style discovery feed will finally roll out to all users later this month.

French B2B software company Planisware raised €278M in a Paris IPO; its shares jumped up to 33% to ~€21 on its debut, giving Planisware a €1.1B valuation (Thyagaraju Adinarayan/Bloomberg)

Thyagaraju Adinarayan / Bloomberg:
French B2B software company Planisware raised €278M in a Paris IPO; its shares jumped up to 33% to ~€21 on its debut, giving Planisware a €1.1B valuation  —  - Stock opens at €21.01 versus €16 per share IPO price  — France joins nascent recovery in European IPOs after drought

Apple plans to spend $250M+ on its regional hub in Singapore, including expanding its campus later in 2024, as Tim Cook visits Vietnam and other Asian countries (Amanda Lee/Wall Street Journal)

Amanda Lee / Wall Street Journal:
Apple plans to spend $250M+ on its regional hub in Singapore, including expanding its campus later in 2024, as Tim Cook visits Vietnam and other Asian countries  —  Apple seeks to diversify its supply chain amid rising U.S.-China tensions and global concerns of decoupling trade

How a network of repair ships helps maintain the estimated 800,000 miles of undersea internet cables; of the 77 cable ships, only 22 are designed for repairs (Josh Dzieza/The Verge)

Josh Dzieza / The Verge:
How a network of repair ships helps maintain the estimated 800,000 miles of undersea internet cables; of the 77 cable ships, only 22 are designed for repairs  —  Field's crew caught the cable on the first try and nearly had it aboard when the rope snapped and slipped back into the sea.

Foxconn Chair Young Liu says the company implemented a rotating CEO system this month, aiming to nurture successors, choosing a leader from its six businesses (Yimou Lee/Reuters)

Yimou Lee / Reuters:
Foxconn Chair Young Liu says the company implemented a rotating CEO system this month, aiming to nurture successors, choosing a leader from its six businesses  —  Taiwan's Foxconn (2317.TW) has this month started a rotating chief executive system in an overhaul of its management designed …

A look at the failure of Humane's Ai Pin, which took six years to ship after raising $230M, including building the device "the Apple way" and raising too much (Benjamin Sandofsky/Sandofsky)

Benjamin Sandofsky / Sandofsky:
A look at the failure of Humane's Ai Pin, which took six years to ship after raising $230M, including building the device “the Apple way” and raising too much  —  Why You Can't Build Apple with Venture Capital  —  An ex-Apple designer who went on to startup success once told me …

Singapore-based used car marketplace Carro raised ~$100M in pre-IPO funding at a $1.5B+ valuation and reports its first annual operating profit (Olivia Poh/Bloomberg)

Olivia Poh / Bloomberg:
Singapore-based used car marketplace Carro raised ~$100M in pre-IPO funding at a $1.5B+ valuation and reports its first annual operating profit  —  - Used-vehicle platform courts investors with profit pledges  — Carro vies with Malaysia's Carsome for region's top spot

OpenAI opens a Tokyo office, releases a Japanese language GPT-4 model, and taps former president of AWS's Japan arm Tadao Nagasaki to lead an enterprise push (Bloomberg)

Bloomberg:
OpenAI opens a Tokyo office, releases a Japanese language GPT-4 model, and taps former president of AWS's Japan arm Tadao Nagasaki to lead an enterprise push  —  OpenAI named the former president of Amazon Web Services's Japan arm to spearhead its push to woo enterprise clients in the world's fourth-largest economy.

As Netflix's new film chief Dan Lin takes charge, the company aims to shift its film strategy to focus on audience appeal and cost efficiency (Nicole Sperling/New York Times)

Nicole Sperling / New York Times:
As Netflix's new film chief Dan Lin takes charge, the company aims to shift its film strategy to focus on audience appeal and cost efficiency  —  Dan Lin, the streaming service's new film chief, wants to produce a more varied slate of movies to better appeal to the array of interests among subscribers.

LinkedIn: the number of companies with a designated head of AI position or a chief AI officer (CAIO) has almost tripled globally in the past five years (Emma Jacobs/Financial Times)

Emma Jacobs / Financial Times:
LinkedIn: the number of companies with a designated head of AI position or a chief AI officer (CAIO) has almost tripled globally in the past five years  —  As boards grapple with the opportunity and risk of generative artificial intelligence, companies are leaning into a new role: the chief AI officer.

Source: Google's new Pixel 9 series, next-gen Pixel Fold, and 5G tablet that is under development will feature a new modem that supports satellite connectivity (Kamila Wojciechowska/Android Authority)

Kamila Wojciechowska / Android Authority:
Source: Google's new Pixel 9 series, next-gen Pixel Fold, and 5G tablet that is under development will feature a new modem that supports satellite connectivity  —  The Pixel 9 is set to improve one of the lacking aspects of its predecessors and gain an useful feature.  —  •

A look at chip design companies like Oppstar that aim to push Malaysia, the world's sixth-largest semiconductor exporter, to the higher end of the value chain (Tsubasa Suruga/Nikkei Asia)

Tsubasa Suruga / Nikkei Asia:
A look at chip design companies like Oppstar that aim to push Malaysia, the world's sixth-largest semiconductor exporter, to the higher end of the value chain  —  Former Intel engineers attempt to push Penang to higher end of value chain  —  PENANG, Malaysia — When chip design company Oppstar listed …

A look at the book The Anxious Generation, as some say author Jonathan Haidt falls short in showing that social media is causing a teen mental health crisis (Zoë Schiffer/Platformer)

Zoë Schiffer / Platformer:
A look at the book The Anxious Generation, as some say author Jonathan Haidt falls short in showing that social media is causing a teen mental health crisis  —  Jonathan Haidt wrote a best-selling book about teens and social media.  Not everyone buys its thesis  —  I.

Q&A with Anthropic CEO Dario Amodei about AI models costing ~$10B to train, why AI models are close to being "able to replicate and survive in the wild", more (New York Times)

New York Times:
Q&A with Anthropic CEO Dario Amodei about AI models costing ~$10B to train, why AI models are close to being “able to replicate and survive in the wild”, more  —  Every Tuesday and Friday, Ezra Klein invites you into a conversation about something that matters, like today's episode with Dario Amodei.