M.G. Siegler / Spyglass:
The Groq deal secures key talent for Nvidia, including CEO Jonathan Ross, creator of the TPU, and keeps them from companies that may try to make their own chips  —  NVIDIA gets a creator of the TPU, access to inference tech & IP, and stops anyone else from getting such things.  All for a mere $20B...

Reuters:
Indian IT services provider Coforge agrees to acquire Encora, which offers AI tools for product, cloud, and data engineering, at an enterprise value of $2.35B  —  Indian IT services provider Coforge said on Friday it would acquire artificial intelligence firm Encora at an enterprise value …

Cecilia D'Anastasio / Bloomberg:
Five FaZe Clan influencers exit after failed contract talks with new management; Matt Kalish, who invested $10M, calls FaZe's current structure “unsustainable”  —  The future of the popular influencer group FaZe Clan is in flux once again after several members announced …

Dominion Energy, an offshore wind developer and utility serving Virginia's "data center alley," filed suit against the Trump administration this week over its decision to pause federal leases for large offshore wind projects. The move puts a sudden stop to five wind farms already under construction, including Dominion's Coastal Virginia Offshore Wind project. The complaint […]

Felix Day / WRGB:
NY Gov. Kathy Hochul signs a law requiring social platforms with features like autoplay and addictive feeds to show mental health warning labels for young users  —  New York (WRGB) — Governor Hochul has signed new legislation that will require social media platforms with certain addictive features …