Fin / @fi56622380: Exponential growth across 2 dimensions, users and tokens per user, makes this AI era different from earlier buildouts, and allows AI labs' compute math to work

Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., has raised about $1 billion of private short-dated debt for computing chips tied to its collaboration with Microsoft Corp.

The funding, led by Goldman Sachs Alternatives, will help Owner develop AI agents for independent restaurants.

Meta Platforms Inc. is intensifying its public pressure campaign on TikTok and YouTube, running full-page advertisements in top newspapers across the US demanding its rivals make comparable efforts to strengthen social media protections for teens.

Flavio Copes: A deep dive into Grok Bot, including its architecture, use cases, and alternatives, as xAI adds shareable bot templates and online purchases through Stripe Link

The outcome contradicted an earlier appeals court decision. Federal regulators said the split rulings called for resolution by the Supreme Court.

Pasqal Holding SA soared in its first day of trading after the quantum computing company went public in New York via a merger with a blank-check firm, outperforming other quantum companies that have recently debuted.

Z.ai put the GLM-5.3 weights on Hugging Face, but dropped the MIT license. Providers above $10 billion in revenue now need a security review.

Metriport raises $26M Series A led by Matrix to help doctors retrieve and prioritize patient data from across health systems.

The order came as The Texas Tribune was preparing to publish an investigation detailing how a state agency has devoted at least $30 million to building the state’s Flock surveillance network.

Our decision to wind down our contract providing OpenAI models to Cursor following its acquisition by SpaceX.

Jio Platforms secures SEBI approval for a ₹37,700 crore IPO, boosting investor confidence with strong cash flows and debt repayment plans.

Revenue for the quarter rose 14.4 per cent year on year to 105 billion yuan, beating the consensus estimate of 101 billion yuan.

Texas worked up a $1.05 billion side deal with Meta that maxes out at $1.335 billion if Alphabet‘s YouTube and TikTok agree to the same terms and safety changes the Facebook and Instagram parent accepted in the multistate settlement Wednesday.

SK Hynix Inc. held a groundbreaking ceremony Thursday for its advanced memory packaging facility in Indiana, marking a milestone in Washington’s expansive campaign to rebuild domestic supply chains and manufacturing for strategically important sectors.

Workplace fraud monitoring startup Yardstik raises $30M to help employers keep tabs on their staff - SiliconANGLE

Trade unions threaten to withhold support for politicians, joining the popular backlash against the construction.