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Physical Intelligence says its new model, π0.7, can direct robots on tasks they weren't trained on, an "early sign" of generalization, surprising researchers (Connie Loizos/TechCrunch)
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Sources: OnlyFans is in advanced talks to sell a below 20% stake at a $3B+ valuation; previous reports said it wants to sell a ~60% stake at a ~$5.5B valuation (Financial Times)
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Sources: China mobilizes multiple agencies to probe Meta's $2B Manus deal; some officials worry aggressive measures may send chilling signals to the tech sector (Financial Times)
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Hangzhou-based Manycore shares rose 187% early in its Hong Kong debut after raising $156M in its IPO; it is pivoting to selling AI training data to robot makers (Bloomberg)
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Mozilla launches Thunderbolt, an open-source AI client for users and businesses who want to run their own self-hosted AI infrastructure, available on GitHub (Kyle Orland/Ars Technica)
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Q&A: Ronan Farrow on his Sam Altman profile in The New Yorker, how Altman changed in 18 months of reporting, OpenAI's board drama and enterprise shift, and more (Nilay Patel/The Verge)
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Sources: Cerebras plans to make its IPO public as soon as Friday, aiming to raise $3B+ at a $35B+ valuation, a 60% premium to its $22B February valuation (The Information)
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Sources: OpenAI agrees to pay Cerebras $20B+ to use its server chips, double the amount previously associated with the deal, and may receive equity in Cerebras (The Information)
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Roblox agrees to pay $12.5M and implement age verification for all users as part of a settlement with Nevada over claims it failed to protect young users (Jessica Hill/Associated Press)
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Sources: SpaceX told employees that it has moved up the scheduled date for when shares awarded to employees become eligible for sale from May to April (Bloomberg)
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Alibaba unveils Qwen3.6-35B-A3B, an open-weight MoE model with 35B total and 3B active parameters, saying it rivals larger dense models in agentic coding tasks (Qwen)
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IAB and PwC: digital ad revenue hit $294.6B in 2025, up 13.9% YoY; social media advertising hit $117.7B, up 32.6%, and digital video ads hit $78B, up 25.4% (George Winslow/TV Tech)
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The US and the Philippines agree to launch a high-tech industrial hub on the island of Luzon to counter China's supply chains; the US will run it as an SEZ (Wall Street Journal)
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NYC-based Nas.com, an AI platform founded by content creator Nas Daily that helps solo entrepreneurs build online stores, raised a $27M Series A led by Khosla (Robert Scammell/Business Insider)
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Netflix says its 2026 ad revenue remains on track to reach $3B, doubling from 2025, and it now works with over 4,000 advertising clients, up 70% YoY (Bill Bradley/Adweek)
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Google updates AI Mode in Chrome, letting users open links side by side with AI Mode on desktop; users can search across multiple tabs on desktop and mobile (Aisha Malik/TechCrunch)
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Netflix reports Q1 revenue up 16% YoY to $12.3B, vs. $12.2B est., net income of $5.28B, and forecasts Q2 EPS below estimates; NFLX drops 8%+ after hours (Lucas Shaw/Bloomberg)
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Netflix chairman and co-founder Reed Hastings will step down from the company's board after his term expires in June to focus on philanthropy and other pursuits (Isabella Simonetti/Wall Street Journal)
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Sources: Upscale AI, which builds AI networking infrastructure, is in talks to raise $180M to $200M at a $2B valuation, its third funding round in seven months (Bloomberg)
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AI labs are buying Slack, Jira, and email archives from defunct startups to build "reinforcement learning gyms" and train AI agents in simulated workplaces (Anna Tong/Forbes)
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