Yuliya Chernova / Wall Street Journal:
Sources: Meta offers to buy up to 49% of Nat Friedman and Daniel Gross' VC firm NFDG, which has invested about half of its first fund of ~$1.1B, raised in 2023  —  Meta Platforms is offering to buy a minority stake in funds of the venture firm founded by two of its key artificial intelligence recruits …

Kyt Dotson / SiliconANGLE:
London-based Hived, which offers an AI-based logistics and parcel delivery service purpose-built for ecommerce, raised a $42M Series B led by NordicNinja  —  London-based parcel delivery startup Hived Ltd.today said it has raised $42 million in early-stage funding aimed at supporting …

Jordan Blum / Fortune:
How Trump's One Big Beautiful Bill, which Congress approved on July 3, could cost the US the AI race by handicapping efforts to meet data center power demands  —  America is facing an energy imperative: Grow power from all sources or face potential failure.

Ivan Mehta / TechCrunch:
Google rolls out its Veo 3 video generation model to Google's AI Pro subscribers in more than 159 countries, with a cap of three videos per day  —  Google on Thursday said it has begun rolling out its Veo 3 video generation model to Gemini users in more than 159 countries.

Lucinda Shen / Axios:
Founders Fund-backed Ondo Finance and Pantera Capital launch a $250M fund to invest in real-world asset tokenization projects via equity stakes and tokens  —  Founder's Fund-backed Ondo Finance and crypto investor Pantera Capital plan to invest $250 million in real-world asset projects …