Politico:
The White House releases an AI policy framework, explicitly calling on Congress to preempt state AI laws, create age-gating requirements for AI models, and more  —  The framework explicitly calls on Congress to preempt any state laws that regulate the way models are developed or that penalize companies …

Jessica Sui / Bloomberg:
Filing: Unitree, China's leading robot company, is aiming to raise ~$610M in its Shanghai IPO; it brought in ~$247M in revenue in 2025 and ~$41.6M in net profit  —  China's leading robot company, Unitree Robotics, has filed for an initial public offering in Shanghai, moving a step closer …

Greg Bensinger / Reuters:
Sources: Amazon's ZeroOne unit is developing “Transformer”, a phone that syncs with Alexa; it would be Amazon's second smartphone, after the Fire Phone in 2014  —  In 2014, Amazon (AMZN.O) introduced its first smartphone, hoping to take on Apple and Samsung.

Olga Kharif / Bloomberg:
Shareholder letter: crypto exchange Gemini has cut ~30% of its staff since the beginning of 2026 and had 445 employees as of March 1; Gemini lost $500M+ in 2025  —  Gemini Space Station Inc.'s workforce reduction has reached roughly 30% since the start of the year following layoffs …

Bloomberg:
Memo: ByteDance agrees to sell gaming unit Moonton to Savvy Games, owned by Saudi Arabia's PIF, a source says for $6B; ByteDance bought Moonton for $4B in 2021  —  Savvy Games Group has agreed to buy the Moonton studio from ByteDance Ltd. as the Saudi Arabian firm builds up its mobile gaming assets.