Alan Neuhauser / Axios:
Sources: Emerald AI, which develops software to curb data center energy demand, is raising a $25M seed extension at a ~$250M post-money valuation  —  Emerald AI, which develops software to curb data-center energy demand, is raising $25 million in seed extension funding, two sources familiar with the offer tell Axios Pro.

Jason Schreier / Bloomberg:
Sony shuts down Bluepoint Games, the PlayStation subsidiary behind remakes of older games like Demon's Souls and Uncharted; ~70 employees will lose their jobs  —  The PlayStation subsidiary previously made remakes of games like 'Demon's Souls'  —  Sony Group Corp. is shutting down Bluepoint Games …

Jay Peters / The Verge:
Meta says it is “explicitly separating” Quest VR from its Worlds platform, making Worlds “almost exclusively mobile”, letting it better compete with Roblox  —  Horizon Worlds is now going to be a platform that's ‘almost exclusively mobile.’

Makena Kelly / Wired:
Docs: DHS has signed a five-year, $1B blanket purchase agreement with Palantir, allowing agencies like ICE to skip the competitive bidding process  —  “If you are interested in helping shape and deliver the next chapter of Palantir's work across DHS, please reach out,” a Palantir executive wrote …

Wall Street Journal:
CZ returned to the US for the first time since his 2024 prison release to attend a World Liberty Financial event at Mar-a-Lago with Brian Armstrong and others  —  Changpeng Zhao makes first return to the U.S. since his release from federal prison in 2024  —  In an ornate ballroom in Palm Beach …