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<!--[if !gte mso 9]><!----><span class="mcnPreview Text" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">OpenAI closes a $40B funding round, the most ever raised by a private tech company, at a $300B post-money valuation; SoftBank led the round with $30B</span><!--<![endif]-->
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<td class="page_date" style="vertical-align:middle;text-align:right;color:#004860;font-weight:700;padding-right:10px">Mon, Mar 31</td>
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<span style="color:#455;font-weight:bold;">Tomorrow's events: </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=42d92b90fd&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Intel Vision (day 2)</a></span>
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top news
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fcecba57c2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI closes a $40B funding round, the most ever raised by a private tech company, at a $300B post-money valuation; SoftBank led the round with $30B</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">CNBC</span>)</span>
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<span class="excerpt">OpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record.</span>
<span class="cite">(CNBC)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=72d89e9c8f&e=06cea4a9e4" style="text-decoration: none;color: black;">@mikeisaac:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=dc2f602756&e=06cea4a9e4" style="text-decoration: none;color: black;">openAI announces it has closed a $40 billion fund raise, valuing the company at a staggering $300 billion dollars. some interesting stats: half a billion people use chatGPT weekly 20 million paid “plus” subs</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=54ea731dbe&e=06cea4a9e4" style="text-decoration: none;color: black;">@danprimack:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ab79482bd4&e=06cea4a9e4" style="text-decoration: none;color: black;">Masa Son statement on OpenAI deal: “AI is a defining force shaping humanity's future. Our expanded partnership with OpenAI accelerates our shared vision to unlock its full potential.”</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8fb6706b31&e=06cea4a9e4" style="text-decoration: none;color: black;">@edzitron:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9cf3313b3f&e=06cea4a9e4" style="text-decoration: none;color: black;">Suicide round btw. How do you raise past this? Also, why only give $10bn up front? Why is the rest “by the end of the year” if SoftBank is so confident? OpenAI anticipates to spend $13bn on MS' compute in 2025. How do they afford to?</a>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fd4f0ad899&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: SoftBank will invest an initial $7.5B in OpenAI's $40B round, plus $22.5B by 2025's end; other backers include Microsoft, Coatue, Altimeter, and Thrive</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Shirin Ghaffary / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f66634abec&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">France's antitrust regulator fines Apple €150M after a lengthy investigation into how iOS asks to collect user data under ATT and the impact on advertisers</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Benoit Berthelot / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="excerpt">France's antitrust regulator fined Apple Inc. €150 million ($162 million) … </span>
<span class="cite">(Benoit Berthelot / Bloomberg)</span>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b216071a97&e=06cea4a9e4" style="text-decoration: none;color: black;">@adlc_:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=507b15b355&e=06cea4a9e4" style="text-decoration: none;color: black;">The Autorité fines @Apple €150 million for abusing its dominant position in the iOS mobile app advertising sector between April 2021 and July 2023, with its App Tracking Transparency (ATT) framework ... [image]</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=93d79f03e2&e=06cea4a9e4" style="text-decoration: none;color: black;">@timsweeneyepic:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=43574a4bb1&e=06cea4a9e4" style="text-decoration: none;color: black;">A good catch by France. Apple could have used App Tracking Transparency as a helpful service for users and developers, but instead built useless scare screens as an anticompetitive weapon to benefit its ad business and harm competition. </a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ba53449dec&e=06cea4a9e4" style="text-decoration: none;color: black;">@kayjebelli:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=984b6d2079&e=06cea4a9e4" style="text-decoration: none;color: black;">French competition authority punishes Apple for its ATT framework. This is emblematic of the straight-jacket that big US platforms are in when operating in Europe. </a>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="big_story">
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=79a325a2ee&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sam Altman says OpenAI is planning to “release a powerful new open-weight language model with reasoning in the coming months”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyle Wiggers / </span><span class="pub_name">TechCrunch</span>)</span>
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<span class="excerpt">OpenAI says that it intends to release its first “open” language model since GPT‑2 “in the coming months.”</span>
<span class="cite">(Kyle Wiggers / TechCrunch)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4fc91c231e&e=06cea4a9e4" style="text-decoration: none;color: black;">@sama:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2a688de705&e=06cea4a9e4" style="text-decoration: none;color: black;">TL;DR: we are excited to release a powerful new open-weight language model with reasoning in the coming months, and we want to talk to devs about how to make it maximally useful: feedback we are excited to make this a very, very good model!</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7b4a32b41e&e=06cea4a9e4" style="text-decoration: none;color: black;">@sama:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=95dece347b&e=06cea4a9e4" style="text-decoration: none;color: black;">we will not do anything silly like saying that you cant use our open model if your service has more than 700 million monthly active users. we want everyone to use it!</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f5849fb4a9&e=06cea4a9e4" style="text-decoration: none;color: black;">@levie:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c823b9108d&e=06cea4a9e4" style="text-decoration: none;color: black;">What an incredible time to be building software. The leading AI labs are spending billions of dollars racing to make intelligence nearly free and universally available for anyone.</a>
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<table class="clustered_items" style="border-collapse: collapse;">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=80b9b245b3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sam Altman says “we added one million users in the last hour”, following last week's Images for ChatGPT launch; over the weekend he said “our GPUs are melting”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kylie Robison / </span><span class="pub_name">The Verge</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=03bc4d7952&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple releases iOS 18.4 with Priority notifications for Apple Intelligence, which gets support for eight more languages, Ambient Music via Control Center, more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Juli Clover / </span><span class="pub_name">MacRumors</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bd8b6fefdd&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple releases visionOS 2.4 with Apple Intelligence, a Spatial Gallery app that features Apple-curated media, with “new content released regularly”, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Chance Miller / </span><span class="pub_name">9to5Mac</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=49911af592&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Eric and Donald Trump Jr.'s American Data Centers plans to merge with Hut 8's American Bitcoin and take a 20% stake, aiming to create the world's largest miner</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Vicky Ge Huang / </span><span class="pub_name">Wall Street Journal</span>)</span>
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<table class="clustered_items" style="border-collapse: collapse;">
<tr><td style="padding:0px 10px 0 32px;">
<ul style="padding:0px 10px 0px 0px;">
<li class="sub_item" style="margin:10px 0 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5ce2813d96&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">How the Trump family took over World Liberty Financial, which raised $550M+ via governance tokens; the family has a claim on 75% of net revenues of token sales</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span>
</li>
</ul>
</td></tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b82f244dcf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Amazon's AGI Lab unveils Nova Act, a general purpose AI agent to control a web browser and independently perform some simple actions, and a Nova Act SDK</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maxwell Zeff / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d1f391f3b3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources detail tensions between Apple and Elon Musk's SpaceX over expanding satellite cellphone services; Apple discussed linking iPhones to SpaceX satellites</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wall Street Journal</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e28d962b7e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Isomorphic Labs, a DeepMind spinoff focusing on drug discovery, raised $600M led by Thrive to research treatments, including for cancer and immune disorders</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Michael J. de la Merced / </span><span class="pub_name">New York Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1aeed8df7f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Following a March 21 report about an alleged breach of Oracle Cloud, Oracle's communication has been muddy, leaving customers unsure if they are impacted</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kevin Beaumont / </span><span class="pub_name">DoublePulsar</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=68ba3dcb66&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nokia and Amazon settle a long-running, global patent dispute over Amazon using Nokia's video tech in Prime Video and its devices, without disclosing the terms</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Karin Matussek / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b5a3c88c67&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Alexa+ will start rolling out to users today; sources: some features demoed in February are slated to arrive in two months, while others will take longer</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Caroline O'Donovan / </span><span class="pub_name">Washington Post</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=70ab591b4d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Trump signs an EO to establish an office within the Commerce Department to facilitate investments above $1B in the US and administer funds from the CHIPS Act</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3b85262cfe&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">At the Intel Vision conference, CEO Lip-Bu Tan says Intel plans to spin off non-core assets, create new products including custom semiconductors, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ian King / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9e649a757b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Huawei reports FY 2024 revenue up 22.4% YoY to ~$118.2B, near its ~$123B record in 2020, net profit down 28% YoY to ~$8.63B, and R&D spend rising to ~$25B</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Arjun Kharpal / </span><span class="pub_name">CNBC</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
artificial intelligence
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5619fcae72&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Chinese startup Manus, whose AI agent service is still in beta, announces a $39-per-month Manus Starter plan and an upgraded $199-per-month Pro tier</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=acc9b36751&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Runway releases its Gen-4 video-generating AI model to individual and enterprise users, touting its ability to maintain consistency of subjects, styles, more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyle Wiggers / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=38061fc324&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Microsoft expands Copilot+ PC features like Live Captions and Cocreator, previously exclusive to models with Snapdragon chips, to models with AMD or Intel chips</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sean Endicott / </span><span class="pub_name">Windows Central</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=db9f684d80&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Chinese AI startup Zhipu, which secured three rounds of government-backed funding in March 2025, launches a free AI agent, intensifying the domestic AI race</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=73fc32b83e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Study: 79% of 475 AI experts believe current public perceptions of AI do not match R&D realities, while 76% said scaling current approaches will not yield AGI</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Isaac Schultz / </span><span class="pub_name">Gizmodo</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=709ff57f84&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A look at the race between China and the US to build truly useful humanoid robots, as China lists “embodied” AI as a priority for a $138B state investment fund</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wall Street Journal</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=499694189b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Amrith Ramkumar / </span><span class="pub_name">Wall Street Journal</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
Chipmakers
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d4748f02c9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">TSMC says its Kaohsiung plant in Taiwan is set to begin 2nm wafer volume production in H2 2025, reaffirming its commitment to Taiwan during its US expansion</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9c1e40ff27&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Japan earmarks up to ~$5.4B in additional aid for chipmaker Rapidus, which aims to begin mass production of 2nm chips in 2027, a highly ambitious target</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d77d4c20aa&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Cerebras says it has resolved “all open issues” with the CFIUS, as it prepares for an IPO; the AI startup filed a notice about its ties to Abu Dhabi's G42</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ian King / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
M&A
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3130987855&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: GlobalFoundries mulls merging with UMC, Taiwan's 2nd-largest chipmaker, to form a bigger, US-based company with production in Asia, the US, and Europe</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Cheng Ting-Fang / </span><span class="pub_name">Nikkei Asia</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8b3887444f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">AMD completes its $4.9B purchase of data center equipment designer ZT Systems, announced in August 2024, taking on its roughly 1,000 design engineers</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Belle Lin / </span><span class="pub_name">Wall Street Journal</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
smartphones
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=62e5cb8752&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Foxconn plans to assemble 25M to 30M iPhones in India in 2025, up from ~12M in 2024, and is conducting production trials at its new Bengaluru plant</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dia Rekhi / </span><span class="pub_name">The Economic Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8b8be7acbc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Global foldable smartphone shipments increased by just 2.9% YoY in 2024, and shipments are expected to decline by about 4% YoY in 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Counterpoint Research</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
Cryptocurrency
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=503ce417c6&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zack Abrams / </span><span class="pub_name">The Block</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d71916bcc0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Memecoins attempting to profit from a man's suicide highlight Pump.fun's extreme lack of boundaries; one of the memecoins soared past $2M in total value</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kevin T. Dugan / </span><span class="pub_name">Wall Street Journal</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
funding deals
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f7622be8f9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Sesame, which makes realistic AI voice assistants, is in talks to raise $200M+ co-led by Sequoia Capital and Spark Capital, valuing the company at $1B+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kate Clark / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
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<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7a381563c2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Seattle-based Temporal, an open-source microservices orchestration service, raised a $146M Series C led by Tiger Global at a $1.72B post-money valuation</a></span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c84bc20cb1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Tampa-based ReliaQuest, which provides AI-powered cybersecurity tools, raised $500M+ in a funding round led by EQT, KKR, and FTV Capital, valuing it at $3.4B</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Angus Loten / </span><span class="pub_name">Wall Street Journal</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=80d0639eb1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Retym, which aims to bring its first AI data center chip to market this year, raised a $75M Series D led by Spark Capital, bringing its total funding to $180M</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Max A. Cherney / </span><span class="pub_name">Reuters</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9795e77ce6&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">South Korea-based Wrtn, a free-to-use AI platform with 5M+ users aggregating LLMs like GPT-4, Stable Diffusion 3, and Claude 3, raised a $56M Series B extension</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Yoolim Lee / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=46a8341213&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nasdaq-listed Chinese self-driving company WeRide, which reported a ~$260M loss in 2023 and a ~$344M loss in 2024, warns profitability is “difficult to predict”</a></span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3ed88f4f01&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Substack rolls out a TikTok-like video feed in its app, initially featuring short-form videos under 10 minutes</a></span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9c71ab8f23&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">After Trump signed an EO to end the government's DEI programs, tech firms like Google are rebranding DEI efforts, using terms like “learning” or “hiring”</a></span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=72022cb1f8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Barclays, Monzo, Lloyds, and other major UK banks join Amazon, Google, Match, Meta, BT, and Three in committing to live data sharing in a UK fraud clampdown</a></span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=05daa1202b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">How JioHotstar became India's most popular streamer, with 100M subscribers paying less than $1/month on average, via a freemium model, micro dramas, and more</a></span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=61b9a62018&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An analysis finds 170+ violent vigilante attacks since 2023 by US “pedophile hunters”, whose online content has been amplified by websites like Kick and Locals</a></span>
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