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Sources: Google recently placed an order with Intel to manufacture 3M+ TPUs in 2028; Nvidia is testing Intel's tech for a new processor and running 18A trials (Qianer Liu/The Information)
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Sources: the US urged NATO allies to channel defense spending toward efforts to replace components from Huawei in their networks and critical infrastructure (Bloomberg)
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Bending Spoons files for a US IPO, reporting a net income of $27.5M on revenue of $601M in Q1, vs. a net loss of $112.2M on revenue of $259M a year earlier (Arasu Kannagi Basil/Reuters)
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Travis Kalanick, Mark Pincus, and other founders share their horror stories of pitching to VCs; Cloudflare CEO Matthew Prince publicly calls out Vinod Khosla (Julie Bort/TechCrunch)
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A look at Ireland's Bring Your Own Power policy, which requires new data centers to have their own power plants on site or contracts for energy produced nearby (Yusuf Khan/Wall Street Journal)
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UK PM Keir Starmer says tech companies must introduce "device controls" that stop kids from sending and receiving nude images or face laws forcing them to do so (Reuters)
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In a notice to Maine's AG, Meta says 20,225+ Instagram accounts may have been hacked during the months-long abuse of its Meta AI chatbot, starting on April 17 (Zack Whittaker/~this week in security~)
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Report: UK PM Keir Starmer is set to announce a ban on "harmful" online platforms for children under 16 while maintaining access to some "safer" social media (Reuters)
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Notice: Meta says ~20,000 Instagram accounts may have been hacked in a recent attack that abused an AI-powered account recovery support tool to reset passwords (Eduard Kovacs/SecurityWeek)
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London-based PhysicsX, which uses AI to design industrial parts like jet engines and semiconductors, raised a $300M Series C led by Temasek at a $2.4B valuation (Mark Bergen/Bloomberg)
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Nvidia and LG expand their partnership in AI, robotics, and mobility tech, including building an AI Factory and co-designing future data center architectures (Choi Eun-Kyung/The Chosun Daily)
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Xbox EVP Matt Booty clarifies Microsoft's new exclusivity strategy, saying new games will be reviewed case-by-case and multiplayer games will stay multiplatform (Eddie Makuch/GameSpot)
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Sources: Spotify has approached concert promoters about licensing music festival livestreams, as it pivots to video to become a one-stop shop for music fans (Lucas Shaw/Bloomberg)
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Sources: Beijing-based Moonshot, which makes the Kimi chatbot, is in talks to raise $1B+ that would value it at $30B, up from a $20B valuation in a recent round (Bloomberg)
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Microsoft says it will tighten human rights controls when working with national security agencies after an inquiry found Israel's Unit 8200 violated its ToS (The Guardian)
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UK-based Creator Fund closes a $56M fund to back European PhD founders, reaching them in universities before they're pulled into academia, Big Tech, or US labs (Mike Butcher/Pathfounders)
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Fusion energy startup Helion raised a $465M Series G led by Thrive Capital at a $15.5B valuation, nearly tripling the valuation from its January 2025 round (Tim De Chant/TechCrunch)
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Nvidia and SK Hynix signed a multi-year pact to develop next-gen memory tailored for Nvidia's AI infrastructure roadmap, including for Vera Rubin (Yoolim Lee/Bloomberg)
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Nvidia says South Korea's Naver will use its technology to build AI factories at "gigawatt scale" to meet rising global demand for AI services and physical AI (Heekyong Yang/Reuters)
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As wealth managers confront an AI reckoning, the tech is, for now, easing their workloads by picking up routine tasks, freeing up more time to advise clients (Bloomberg)
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