OpenAI invests in Sam Altman's brain computer interface startup Merge Labs: Merge Labs is a "research lab" dedicated to "bridging biological and artificial intelligence to maximize human ability." OpenAI wrote the largest check in Merge Labs' $250 million seed round at an $850 million valuation. Read More
The US imposes 25% tariff on Nvidia's H200 AI chips headed to China: The Trump administration formalized its 25% cut of H200 chip sales in China with a tariff that applies to certain semiconductors. Read More
AI video startup, Higgsfield, founded by ex-Snap exec, lands $1.3B valuation: Higgsfield says it's on a $200 million annual revenue run rate. So it opened its previous Series A round back up and sold another $80 million in shares. Read More
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Tiger Global loses India tax case tied to Walmart-Flipkart deal in blow to offshore playbook: Tiger Global's case in India is being closely watched by investors. Read More
Parloa triples its valuation in 8 months to $3B with $350M raise: The massive round was led by existing investor General Catalyst, with participation from other returning backers. Read More
Wikimedia Foundation announces new AI partnerships with Amazon, Meta, Microsoft, Perplexity, and others: The AI partnerships allow companies to access the org's content, like Wikipedia, at scale. Read More
Iran's internet shutdown is now one of its longest ever, as protests continue: Iran's government-imposed internet shutdown enters its second week as authorities continue their violent crackdown on protesters. Read More
Microsoft taps India's Varaha for durable carbon removal offtake: Microsoft is buying over 100,000 tons of carbon dioxide removal credits from India's Varaha over the next three years. Read More
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Taiwan to invest $250B in US semiconductor manufacturing: The U.S. struck a trade deal with Taiwan as the country looks to help boost domestic semiconductor manufacturing. Read More
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