• Ciridae, which is developing AI to streamline back-office operations for real-economy businesses, raised a $20M seed led by Accel, with a16z participating (Jack Kubinec/Fortune)
• Source: Shein is acquiring DTC clothing retailer Everlane, which focuses on sustainability and "radical transparency", in a $100M deal (Lauren Sherman/Puck)
• Analysis: 34 leading AI startups are generating ~$80B in annualized revenue, up 112% from six months ago, with Anthropic and OpenAI capturing 89% of the revenue (The Information)
• Grafana says hackers have accessed its GitHub environment and demanded a ransom to prevent the release of its codebase; Grafana refused to pay (The Hacker News)
• Analysis: mass adoption of smartphones and social media may be a primary driver of declining birthrates globally, in part by reducing in-person socializing (John Burn-Murdoch/Financial Times)
• Publicis agrees to acquire LiveRamp, which allows companies to share and build new data sets and models that can power agentic frameworks, for $2.2B in cash (Alison Weissbrot/Adweek)
• Sources: DayOne, the spinoff of China's largest data center operator GDS Holdings, plans dual IPO in Singapore and NY, seeking to raise $5B at a ~$20B valuation (Owen Walker/Financial Times)
• Sources: Apple's revamped Siri may launch in beta, and will have an option to auto-delete chats; Apple plans to add Suggested Genmoji to iOS 27 and iPadOS 27 (Mark Gurman/Bloomberg)
• Developers say Chinese AI labs lead US rivals in video generation, as ByteDance and Kuaishou train models on vast short-form video libraries from their own apps (Eleanor Olcott/Financial Times)
• A profile of SAS CEO Jim Goodnight, the 83-year-old who co-founded the 50-year-old analytics firm and holds a ~67% stake worth $13.3B, as AI tests SAS' strategy (Phoebe Liu/Forbes)
• Experts: Stuxnet-linked Fast16 malware, designed to subvert nuclear weapons testing simulations, was likely part of a campaign to slow Iran's nuclear ambitions (Kim Zetter/ZERO DAY)
• King's Cross, where Google's new UK HQ is due to open later this year, has become London's new tech, VC, and AI hub, attracting OpenAI, Anthropic, and others (John Gapper/Financial Times)
• Milan-based Webidoo, which develops an operational layer designed to help SMBs access AI tools, raised $25M led by IXC3 for North American expansion (David Cendon Garcia/EU-Startups)
• Filings: in Q1, Trump traded $220M-$750M in NVDA, MSFT, AMZN, META, ORCL, and other stocks; millions of dollars of NVDA were bought shortly before major news (Kevin Breuninger/CNBC)
• OpenAI partners with Malta's AI for All initiative to give citizens a free year of ChatGPT Plus if they complete a University of Malta AI literacy course (Cointelegraph)
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