• Sources: Moonshot AI may scrap its Cayman structure for a China or Hong Kong entity to prepare for a Hong Kong IPO and plans to raise funding at ~$18B valuation (Wall Street Journal)
• Meta's Oversight Board says Community Notes aren't a proper substitute for fact checking, and warns expanding them beyond the US could pose human rights risks (Andrew Deck/Nieman Lab)
• Tazapay, which builds cross-border payment infrastructure for fintech and web3 firms, says it closed a Series B extension, bringing its total Series B to $36M (Zoltan Vardai/Cointelegraph)
• Steno, which offers an AI-powered case transcript analysis tool for legal professionals, raised a $49M Series C led by Savano Capital Partners (Kyt Dotson/SiliconANGLE)
• Miami-based telehealth company eMed raised a $200M Series A at a $2B+ valuation to advance its agentic AI platform and more; Tom Brady participated in the round (Sneha S K/Reuters)
• Senior Trump officials say SMIC has been sending chipmaking tools to Iran for about a year; the US has sanctioned the company over alleged Chinese military ties (Reuters)
• NY-based Blossom Health, which makes an "AI copilot" to augment psychiatrists' clinical decisions and automate office tasks, raised $20M in seed and Series A (Lily Mae Lazarus/Fortune)
• Sources: SpaceX's IPO plans include investor visits to its sites, unusual lockup periods, and preferential treatment for investors in Musk's other companies (Wall Street Journal)
• Source: Elon Musk is discussing allocating as much as 30% of SpaceX's IPO to individual investors, at least three times the usual retail slice (Reuters)
• Q&A with New Mexico AG Raúl Torrez about the New Mexico and LA social media trials, Big Tech's "Big Tobacco" moment, what it means for Congress, and more (Tyler Katzenberger/Politico)
• Source: Thrive Holdings has landed $1B in commitments for a new fundraising deal and is considering raising at least another $1B after strong investor interest (Bloomberg)
• A US judge grants Anthropic's request for a preliminary injunction in its suit against the Trump administration over the DOD's decision to blacklist the company (Ashley Capoot/CNBC)
• In an interview, David Sacks says he has relinquished his role as AI and crypto czar after using up his time as a special government employee (Bloomberg)
• Sources: Anthropic executives have discussed an IPO as soon as Q4, and bankers vying to take the company public expect it to raise more than $60B (The Information)
• OpenAI has surpassed $100M in annualized revenue from ChatGPT ads, has expanded to 600+ advertisers, and plans to launch self-serve advertiser access in April (Stephanie Palazzolo/The Information)
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