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.
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.
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.
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.
OpenAI invests in Sam Altman’s brain computer interface startup Merge Labs
OpenAI is participating in a $250 million seed round into Merge Labs, Sam Altman’s brain computer interface startup. The startup is valued at $850 million.
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.
US senators demand answers from X, Meta, Alphabet and others on sexualized deepfakes
In a letter to the leaders of X, Meta, Alphabet, Snap, Reddit and TikTok, several U.S. senators are demanding the companies provide proof that they have “robust protections and policies” in place, and
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.
New York Gaming Commission applauds Hochul as state targets underage online betting
The chairman of the New York State Gaming Commission has voiced support and applauded Governor Kathy Hochul for her commitment to protecting New Yorkers, as she outlined more than 200 initiatives, including
Calabasas man pleads guilty to tax evasion and operating illegal offshore gambling business
Jason Noah Feinman of Calabasas in California, has pleaded guilty to operating an illegal offshore gambling business, evading taxes and laundering money in a statement released by the Office of Public Affairs at the