• OpenAI, Anthropic, Amazon, Microsoft, and others launch Raise Us, a new non-profit led by ex-Commerce Secretary Gina Raimondo to help US workers adapt to AI (Lydia DePillis/New York Times)
• Preliminary findings: the EU says Azure and AWS are "the largest and second largest" cloud services in the EU, as the bloc weighs up tougher DMA oversight (Samuel Stolton/Bloomberg)
• How risk modelers like Fathom and Verisk are using AI and diffusion models to bypass the limits of physics-based "cat" models to predict natural disasters (Financial Times)
• IBM details a 0.7nm chip manufacturing process that utilizes a "nanostack" 3D transistor architecture, which it says can maintain chip innovation for 10 years (Don Clark/New York Times)
• A profile of incoming WhatsApp CEO Kunal Shah, who studied philosophy in Mumbai, advised Sequoia India, and joins a growing pool of Indian-born tech executives (Financial Times)
• Alibaba falls ~5% in Hong Kong after Anthropic accused it of "illicitly" accessing its AI models, taking its YTD fall to 33%; Xiaomi and Baidu fell 3%+ (Jeanny Yu/Bloomberg)
• Arm EVP Mohamed Awad says its chip architecture now accounts for 50%+ of the hyperscale cloud computing market, as AI demand transforms the data center industry (Cheng Ting-Fang/Nikkei Asia)
• Qualcomm CEO Cristiano Amon says the company is designing data center chips specifically for Chinese customers that are in compliance with US export controls (Yifan Yu/Nikkei Asia)
• Mirendil, founded by former Anthropic researchers and seeking to build self-improving AI for open-source developers, raised a $200M seed at a $1B valuation (Tina Li/Wall Street Journal)
• Coval, which develops simulation and evaluation tech for testing, launching, and monitoring AI voice and chat agents, raised a $28M Series A led by Norwest (Duncan Riley/SiliconANGLE)
• As China's working-age population shrinks, a consensus is emerging that it must deploy embodied AI robots into as many tasks as possible, as soon as possible (Financial Times)
• How Larry Ellison's $45M donation to a group supporting President Trump brought Ellison deeper into Trump's circle, helping Oracle and his son's WBD acquisition (Wall Street Journal)
• Assort Health, which develops AI voice agents for health care to handle scheduling and more, raised a $120M Series C led by Menlo Ventures at a $1.2B valuation (Heather Landi/Fierce Healthcare)
• Paris-based Tsuga, whose observability software runs in customers' own clouds to help them skip per-byte ingestion costs, raised a $35M Series A led by Singular (Ana Maria Constantin/The Next Web)
• TRM Labs: Iran-linked crypto wallets, including those tied to Iran's central bank, have moved $3.84B+ in transactions through crypto exchange CoinEx since 2019 (Wall Street Journal)
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