Bloomberg:
The US House Committee on Foreign Affairs approves a bipartisan bill that calls for arms-sale style congressional oversight of advanced AI chip exports  —  Congress is one step closer to gaining the authority to review artificial intelligence chip sales to China, a move likely to open a rift …

Sri Muppidi / The Information:
Sources: Anthropic projected a 40% gross margin from selling AI to companies and devs in 2025, down from earlier estimates of 50% due to higher inference costs  —  Anthropic last month projected it would generate a 40% gross profit margin from selling AI to businesses and application developers in 2025 …

Jagmeet Singh / TechCrunch:
Deepinder Goyal, CEO of Indian online food delivery service Zomato and its parent Eternal, steps down and will be succeeded by Blinkit CEO Albinder Dhindsa  —  Deepinder Goyal, the co-founder and CEO of food delivery service Zomato and its parent Eternal, is stepping down from his role …

Bloomberg:
BitGo raises $212.8M in its US IPO at $18 per share, above the marketed range of $15 to $17 per share, giving it a market value of about $2.1B  —  BitGo Holdings Inc. and some of its backers raised $212.8 million in a US initial public offering, pricing its shares above the marketed range.

AJ Dellinger / Gizmodo:
xAI engineer Sulaiman Ghori says he has “left” the company days after appearing on a podcast last week where he claimed that xAI had been skirting regulations  —  Interesting timing.  —  Sulaiman Ghori, an engineer at Elon Musk's AI startup xAI, went on the podcast Relentless …