Reading List

The most recent articles from a list of feeds I subscribe to.

Charles Schwab unveils its long-awaited crypto investing product, Schwab Crypto, with a 0.75% fee on trades and plans to launch in the coming weeks (Tanaya Macheel/CNBC)

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Docs: US tech companies successfully lobbied the EU to hide data centers' environmental toll; one of their demands was written almost verbatim into EU rules (The Guardian)

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Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on sales; 80+ smartphone models saw price hikes of ~15% (Abhinav Parmar/Reuters)

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SynMax: ~40% of US data centers due in 2026 are facing delays, with major sites for Microsoft, OpenAI, and others likely set back by more than three months (Financial Times)

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Sources: Dario Amodei is set to meet with WH Chief of Staff Susie Wiles on Friday, a breakthrough in Anthropic's effort to resolve its fight with the Pentagon (Axios)

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Uber agrees to pay ~€270M for an additional 4.5% stake in German food delivery rival Delivery Hero from Prosus, which would bring its total stake to ~7% (Financial Times)

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Sources: Sequoia raised ~$7B for a new fund, the first fundraising round under its new leadership; the firm's last expansion fund was a $3.4B vehicle in 2022 (Bloomberg)

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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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