Bloomberg:
Miami-based Felix Pago, which uses stablecoins for cross-border remittances and handled $1B+ of transfers via WhatsApp in 2024, raised $75M Series B led by QED — Remittance startup Felix Pago raised $75 million in a Series B round led by QED Investors as it looks to expand operations …
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Saturday, April 5, 2025
Miami-based Felix Pago, which uses stablecoins for cross-border remittances and handled $1B+ of transfers via WhatsApp in 2024, raised $75M Series B led by QED (Bloomberg)
Leaked docs show Outlier and Scale AI use freelancers to write prompts about suicide, abuse, and terrorism to stress-test AI, urging creativity but banning CSAM (Effie Webb/Business Insider)
Effie Webb / Business Insider:
Leaked docs show Outlier and Scale AI use freelancers to write prompts about suicide, abuse, and terrorism to stress-test AI, urging creativity but banning CSAM — - BI obtained training docs showing how freelancers stress-test AI with “harmful” prompts. — Outlier and Scale AI use freelancers …
Friday, April 4, 2025
Sources: Meta aims to release Llama 4 later this month after pushing back its release date at least twice due to underperformance in reasoning and math tasks (Kalley Huang/The Information)
Kalley Huang / The Information:
Sources: Meta aims to release Llama 4 later this month after pushing back its release date at least twice due to underperformance in reasoning and math tasks — Last spring, Meta Platforms was on a tear. It had just released Llama 3, a new generation of its large language model …
Chainalysis estimates North Korean hackers stole over $6B in crypto over the past decade and accounted for ~60% of industry-wide theft losses in 2024 (Wall Street Journal)
Wall Street Journal:
Chainalysis estimates North Korean hackers stole over $6B in crypto over the past decade and accounted for ~60% of industry-wide theft losses in 2024 — More than $6 billion from heists highlights the sophistication of cyber operations funneling cash to Kim Jong Un's nuclear program
Big Tech risks losing access to Europe by embracing Trump, pushing Europe to build its own companies and platforms and letting Chinese companies expand access (Foreign Affairs)
Foreign Affairs:
Big Tech risks losing access to Europe by embracing Trump, pushing Europe to build its own companies and platforms and letting Chinese companies expand access — How Silicon Valley Got Entangled in Geopolitics—and Lost — Technology companies such as Alphabet, Meta, and OpenAI need to wake up to an unpleasant reality.
Survey: 35% of US adults say AI will have a negative impact in the US over the next 20 years, while 56% of AI experts say AI will have a positive impact (Pew Research Center)
Pew Research Center:
Survey: 35% of US adults say AI will have a negative impact in the US over the next 20 years, while 56% of AI experts say AI will have a positive impact — The public and experts are far apart in their enthusiasm and predictions for AI. But they share similar views in wanting more personal control …
Thursday, April 3, 2025
Spotify rolls out new ad tools, including an AI tool in the US and Canada to generate scripts and voiceovers, and pitches itself to advertisers as "nutritional" (Jessica Testa/New York Times)
Jessica Testa / New York Times:
Spotify rolls out new ad tools, including an AI tool in the US and Canada to generate scripts and voiceovers, and pitches itself to advertisers as “nutritional” — After finally achieving profitability, the streaming platform wants to be a healthy alternative to “doom scrolling.”
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)
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
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
YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get five free lyrics before they have to subscribe (Abner Li/9to5Google)
Abner Li / 9to5Google : YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get...
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Amrith Ramkumar / Wall Street Journal : An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by ...
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