• A profile of Amazon CEO Andy Jassy, who is killing projects, cutting staff, and pleasing Wall Street, while steering the company toward an AI-focused era (Bloomberg)
• London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January (Kieran Smith/Financial Times)
• UK-based Iceotope, which develops data center liquid cooling tech, raised a $26M Series B co-led by Two Seas Capital and Barclays Climate Ventures (Mike Wheatley/SiliconANGLE)
• Alphabet sold $3.6B of bonds in its debut yen-denominated bond sale, the largest by a non-Japanese company, as AI-driven capital spending accelerates (Atsuko Fukase/Bloomberg)
• In a policy paper, Anthropic urges the US and allies to enforce export controls, curb distillation attacks, and export US AI to hold the lead over China by 2028 (Anthropic)
• Security research firm Calif says it used Mythos to help build a macOS kernel memory corruption exploit circumventing Apple's Memory Integrity Enforcement tech (Robert McMillan/Wall Street Journal)
• Sources: Anthropic has agreed to the terms of a $30B fundraising at a $900B valuation, with Sequoia, Dragoneer, Greenoaks, and Altimeter co-leading the round (George Hammond/Financial Times)
• Sources: xAI co-founder Igor Babuschkin plans to raise up to $1B at an up to $5B valuation for a new AI research startup, with General Catalyst possibly leading (Forbes)
• Musk v. Altman: in closing arguments, Musk's attorney doubled down on claims of Altman's untrustworthiness, while OpenAI's lawyer said Musk has no evidence (Associated Press)
• California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year (Bloomberg)
• Gemini reports Q1 revenue up 42% YoY to $50.3M, vs. $47.9M est., announces a $100M capital injection from Winklevoss Capital Fund; GEMI jumps 22%+ after hours (Tanaya Macheel/CNBC)
• Cerebras co-founders CEO Andrew Feldman and CTO Sean Lie own stakes worth $3.2B and $1.7B, respectively, representing about 5.5% and 3% of the company (CJ Haddad/CNBC)
• Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut after it raised $5.5B in the year's largest IPO, giving it a market value of $67B (Bloomberg)
• OpenAI adds remote access to Codex in the ChatGPT mobile app, letting users control Codex sessions running on a connected computer directly from a phone (Zac Hall/9to5Mac)
• Figma reports Q1 revenue up 46% YoY to $333.4M, vs. $313.2M est., and forecasts Q2 revenue above estimates, citing AI monetization; FIG jumps 8%+ after hours (Zaheer Kachwala/Reuters)
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• xAI introduces its coding agent called Grok Build
• Xbox Elite Controller 3 leaked by Brazilian regulator
• The original Doom soundtrack is officially in the Library of Congress
• Razer updates the Blade 18 with new chips, a specced-out model costs $7,000
• Meta is bringing third-party apps and games to its display glasses
• Amazon hurled its Lord of the Rings MMO back into the fires of Mount Doom
• OpenAI brings its Codex coding app to mobile
• Netflix wants to use generative AI to make animated shorts
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