• Meta could use its compute for its own models, ad scaling, SpaceX-like neocloud deals, and hosting 3rd-party models; it may be close to an Anthropic deal (Jeremie Eliahou Ontiveros/SemiAnalysis)
• Meta getting into the cloud business has been inevitable for a long time, as it seeks to diversify beyond ad revenue and monetize its AI buildout (M.G. Siegler/Spyglass)
• Instagram has been running ads promoting child sexual abuse material in India, with terms like "rape video" and "child video" and linking to Telegram channels (Divya Arya/BBC)
• An interview with Sriram Krishnan, who says "there will not be an FDA for AI" under Trump, blames the AI backlash on the industry's "doomer" messaging, and more (Financial Times)
• Texas Attorney General Ken Paxton opens an investigation into StubHub following complaints of last-minute ticket cancellations for FIFA World Cup 2026 matches (Giles Turner/Bloomberg)
• How Jeff Bezos' changing relationship with President Trump has helped Amazon and Blue Origin, such as more federal contracts awarded during Trump's second term (Wall Street Journal)
• Filing: GoDaddy challenges a New Delhi court ruling requiring domain sellers to stop offering privacy by default, saying it could expose website owners globally (Reuters)
• India's IT secretary said the country is investigating a data breach at Apple supplier Tata, which exposed files that included photos of iPhone 18 Pro models (Reuters)
• Pitch document: Chris Larsen, Palmer Luckey, and others invested undisclosed amounts in APEC, a derivatives exchange founded by Senator Kirsten Gillibrand's son (Declan Harty/Politico)
• Sources: Alibaba banned Claude Code internally and asked its employees to remove all Claude models from their work computers due to Anthropic security concerns (The Information)
• A look back at BitTorrent, launched by Bram Cohen 25 years ago, and how media piracy fueled its growth while its architecture shielded it from legal liability (Janko Roettgers/The Verge)
• Sources: Anthropic moves to close loopholes that let Chinese companies like Ant use its models via workarounds such as cloud providers and overseas subsidiaries (Financial Times)
• Blackstone's QTS abandons plans to build its portion of a 2,100-acre data center campus in Virginia, after years of organized opposition and legal challenges (Dawn Lim/Bloomberg)
• Letter to Scott Bessent: chip group SEMI, which includes Micron and Samsung, warns that US intervention in chip pricing or capacity would worsen chip shortages (Maggie Eastland/Bloomberg)
• Sources: Alexandr Wang said Meta's model currently in training, codenamed Watermelon, matches GPT-5.5 and uses an "order of magnitude more compute than Avocado" (Business Insider)
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