• World models startup Odyssey raised $310M from Amazon and others at a $1.45B valuation and will use AWS as its preferred cloud partner, deploying Trainium chips (Financial Times)
• A profile of Anthropic researcher Nicholas Carlini, who warned about Mythos in March and is now part of an Anthropic team briefing the White House on safeguards (Wall Street Journal)
• Sources: Samsung is seeing a rise in advanced chip production requests from BYD, Google, AMD, and others as TSMC's capacity remains constrained by AI demand (Nikkei Asia)
• India's Telegram ban until June 22 over exam paper leak concerns is a terrible look for the country, sets a precedent, and could happen again if unchallenged (Nikhil Pahwa/@nixxin)
• Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation (The Information)
• Dealogic: investors have poured $58B across 42 data center deals YTD; Oxford Economics says ~850 data centers worth some $7T are under construction globally (Financial Times)
• Sources: Chinese social media app Xiaohongshu targets a Hong Kong IPO as early as year-end at a $70B+ valuation, up from $50B in recent private secondary trades (Wall Street Journal)
• Kazakhstan signs accords with Firebird on Nvidia-related computing projects that could bring up to $10B in investment, as it seeks to build a Data Center Valley (Bloomberg)
• Sources: Jeff Bezos is investing in Cambridge, UK-based CuspAI, which applies generative AI to material sciences, as part of a $400M round at a $2.6B valuation (Tim Bradshaw/Financial Times)
• WordPress survey: 60% of US consumers say "AI" in a brand's messaging is a turnoff, 86% always or sometimes check the original source after seeing an AI summary (Sarah Perez/TechCrunch)
• A look at Wyoming's Frontier Stable Token, which launched in January and currently has a market value of ~$1M, as other states explore "white labeling" the tech (David Voreacos/Bloomberg)
• Databricks says annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says higher AI agent usage is increasing costs, lowering margins (Jordan Novet/CNBC)
• Sources: Meta decided to support KOSA after it was packaged with language preempting state AI laws and a bill requiring app stores to verify users' ages (Politico)
• Kapwing: in tests, ~60% of the first 500 TikTok For You videos shown to a new account were AI slop, ~3x the slop shown to a new YouTube user via YouTube Shorts (Matt G. Southern/Search Engine Journal)
• Sources: the US has held off adding DeepSeek, CXMT, and 100+ other flagged companies to its Entity List, last updated in October, the longest gap in 10+ years (Karen Freifeld/Reuters)
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| • FIFA wants Jamal Musiala to forget about Dre (during the World Cup)
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