Reading List

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

South Korean cryptocurrency exchange Bithumb says it accidentally sent $44B worth of bitcoin to customers as promotional rewards and has recovered 99.7% of it (Hyunjoo Jin/Reuters)

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A look at the state of AI agents, the evolution of thinking models, the staggering need for inference compute in the coming years, automated research, and more (Eric Jang/Evjang.com)

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New York lawmakers propose a bill to impose a three-year moratorium on data center development, making NY at least the sixth state to introduce such legislation (Molly Taft/Wired)

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US tech stocks and bitcoin rally after three days of selling; Nasdaq Composite closed up 2.18%, Broadcom 7.22%, Strategy 26.11%, and bitcoin rebounded to ~$70K (Emily Herbert/Financial Times)

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Trump Mobile execs showcase the T1 Phone's new design and specs, and say the phones go through "final assembly" in Miami and full assembly in the US is a "goal" (Dominic Preston/The Verge)

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Palmer Luckey's Erebor becomes the first newly created bank to receive a national charter under the second Trump administration, launching with $635M in capital (Wall Street Journal)

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Spotify rolls out About the Song, swipeable stories in English, summarized from third-party sources to highlight song details, in beta for Premium users (Aisha Malik/TechCrunch)

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Sources: AI chip startup SambaNova is raising a $350M+ Series E led by Vista Equity Partners; Intel plans to invest $100M to $150M (Reuters)

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Nvidia stock closes up 7.92% after Jensen Huang said the tech industry's surging capex for AI infrastructure is justified, appropriate, and sustainable (Kif Leswing/CNBC)

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Sources: London-based 9fin, a data provider for debt markets, is in talks to raise as much as $150M at a pre-money valuation of $1B, about 20x its ARR of ~$50M (Bloomberg)

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Galaxy Digital stock jumps 17%+ after the company approved a share buyback program of up to $200M over the next 12 months (CoinDesk)

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Croatian-founded Daytona, which aims to build infrastructure for large-scale agent workloads, raised a $24M Series A led by FirstMark (Tamara Djurickovic/Tech.eu)

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A civil subpoena shows the US DOJ is investigating Netflix for potential anticompetitive tactics as DOJ probes the company's proposed acquisition of WBD (Wall Street Journal)

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Sources: Apple plans to allow third-party voice-controlled AI chatbots in CarPlay within the coming months; it won't let users replace CarPlay's Siri button (Mark Gurman/Bloomberg)

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Heroku says it is transitioning to a "sustaining engineering model", as it focuses on "helping organizations build and deploy enterprise-grade AI" (Nitin T Bhat/Heroku)

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Amazon's annual tax bill fell 87% YoY to $1.2B in 2025, as profits grew 45% to ~$90B, mostly due to GOP's depreciation breaks in the One Big Beautiful Bill (Brian Faler/Politico)

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London-based Bound, an automated FX risk management platform, raised a $24.5M Series A led by AlbionVC as it seeks to expand across Europe (Tamara Djurickovic/Tech.eu)

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Crypto.com co-founder Kris Marszalek buys the domain AI.com for $70M, the highest disclosed price for a domain name, as he plans a site offering an AI agent (Tim Bradshaw/Financial Times)

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Sources: OpenAI is working with G42 to build a ChatGPT version tuned for the UAE that accommodates local language, political outlook, and speech restrictions (Reed Albergotti/Semafor)

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Waymo says it is using DeepMind's Genie 3 to create realistic digital worlds for its autonomous driving technology to train on edge-case scenarios (Natalie Lung/Bloomberg)

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