Seth Joseph / Forbes:
Luminai, an AI-native platform for automating administrative healthcare workflows, raised a $38M Series B led by Peak XV, bringing its total funding to $60M  —  Cleveland, Ohio, USA - June 17, 2017: Daytime view of Cleveland Clinic main campus entrance reflecting pool near University Circle

Joe Rossignol / MacRumors:
Apple is closing its Towson, Maryland store, the first US location where retail employees unionized; the union says it is “outraged” and exploring legal options  —  Apple today announced it will be permanently closing three retail stores in the U.S. in June, including Apple Trumbull in Trumbull …

Bloomberg:
Sources: US Treasury Secretary Scott Bessent and Fed Chair Jerome Powell warned bank CEOs about risks from Anthropic's Mythos at an urgent meeting on April 7  —  Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns …

Bloomberg:
Alibaba led a ~$293M funding round for ShengShu, just two months after the creator of the Vidu AI video generator raised ~$88M  —  Alibaba Group Holding Ltd.'s cloud division led a 2 billion yuan ($293 million) funding round for ShengShu Technology, bolstering the war chest of a young contender in China's crowded AI video contest.

Cory Weinberg / The Information:
Sources: SpaceX lost just under $5B last year while generating more than $18.5B in revenue; the loss figure includes xAI  —  SpaceX lost just under $5 billion last year while generating more than $18.5 billion in revenue, two people familiar with the figures said.