• Sources: Dave Brown, former SVP of AWS Compute, AI, and Platform, will join Meta in the coming weeks, where he will work on the company's data center build-out (Anissa Gardizy/Wall Street Journal)
• Sources: Tata plans India's first large-scale chip fab in Dholera, Gujarat, mostly using 90nm nodes, a far humbler start than the 28nm node it touted earlier (Bloomberg)
• During an internal meeting, Satya Nadella criticized Claude Fable 5 for being "editorially controlled", saying its refusal to do "random things" makes no sense (Jordan Novet/CNBC)
• Source: Demis Hassabis plans to hold meetings with US policymakers in Washington next week about his proposed US-based Standards Body for "Frontier-class" AI (Shirin Ghaffary/Bloomberg)
• Court doc: a US federal jury says Japanese chipmaker Kioxia owes Viasat $229M for infringing Viasat's flash-memory patent that helps devices use less energy (Blake Brittain/Reuters)
• Source: Microsoft plans to release an AI security tool this month using models from Anthropic, OpenAI, and itself, as a cost-effective Mythos alternative (Aaron Holmes/The Information)
• Kalshi is offering wagers on the outcomes of late-stage clinical drug trials and regulatory decisions, launching a pilot of 13 new biotech contracts (Madison Muller/Bloomberg)
• Sources: Coatue is leading a $3B investment in Databricks that values the data analytics software company at $188B, a 40% increase from its December valuation (Wall Street Journal)
• US chip, memory, and storage stocks fell sharply on Thursday, with Sandisk down 13%, Seagate 10%, Western Digital 9%, and Intel and Micron 6% each (George Steer/Financial Times)
• Filing: South Korean authorities conducted an on-site search of Chinese chipmaker Montage's offices in connection with potential competition law violations (Nikita Maria Jino/Reuters)
• Memo: MLB bans the use of league-provided dugout iPads to access GenAI for in-game strategy calls; sources say at least a third of teams used AI this way (Eno Sarris/The Athletic)
• Sources: Dassault Systèmes is in talks to buy drug trial software maker ArisGlobal from Nordic Capital for about $2B, extending its push into life sciences (Financial Times)
• The EU accepts X's plan to meet DSA transparency obligations and give researchers access to data, giving X six months to implement it, following a €120M fine (Foo Yun Chee/Reuters)
• Source: UK robotics startup Humanoid raised $150M in the first tranche of a Series A at a $1.2B pre-money valuation and seeks another $80M-$100M by September (Rocket Drew/The Information)
• Source: PayPal's board sees Stripe and PE firm Advent International's $53B takeover bid as undervaluing the company and facing regulatory and financing hurdles (Reuters)
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