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Techmeme

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Kai, which is developing an AI-enabled cyber platform, raised $125M in a combined seed and Series A round led by Evolution Equity Partners (Angus Loten/Wall Street Journal)
Axiamatic, which offers an "agentic control plane" to manage large-scale enterprise transformations, emerges from stealth with $54M from Greylock and Bessemer (Lily Mae Lazarus/Fortune)
Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered factory robots, raised $500M led by Accel and a16z, source says at a $2B valuation (Kate Clark/Wall Street Journal)
Online DTC luxury brand Quince raised a $500M Series E led by Iconiq at a $10.1B valuation; it recently launched in Canada and its revenue topped $1B in 2025 (James Manso/WWD)
WhatsApp adds parent-managed accounts for users under the age of 13 and says the accounts will not get access to features like Meta AI, Channels, or Status (Ivan Mehta/TechCrunch)
Revolut says it has secured a full banking license from UK regulators after a four-year wait, allowing the company to expand lending to its 13M UK customers (Financial Times)
Canva launches Magic Layers, an AI tool that turns a flat bitmap image into a fully editable Canva project by extracting text and objects into individual layers (Jesus Diaz/Fast Company)
Sources: Sequoia's Ravi Gupta and ex-Meta CRO John Hegeman seek to raise $1B+ for a holding company to acquire at least one company and infuse it with new tech (Bloomberg)
Analysis: surging memory and CPU costs could drive the retail price of a mainstream $900 notebook up by nearly 40% in 2026 to maintain current margin structures (TrendForce)
How age-verification laws to enhance online child safety are raising surveillance concerns for adults; ~50% of US states have enacted or are advancing such laws (Barbara Booth/CNBC)
Intel unveiled its Heracles chip at ISSCC in February, saying it accelerates fully homomorphic encryption tasks up to 5,000x faster than top Intel server CPUs (Samuel K. Moore/IEEE Spectrum)
A look at the rise and fall of Chen Zhi, an alleged online scam kingpin whom the US and UK accused of laundering billions; he was extradited to China in January (Bloomberg)
A look at Aaru, a startup founded by teens that uses AI agents to simulate human responses for product development, polling, and more, recently valued at $1B (Suzanne Vranica/Wall Street Journal)
Sources: OpenAI plans to launch Sora AI in ChatGPT soon to help boost weekly active users, now at 920M, short of the 1B goal the company targeted last year (The Information)
Google rolls out Gemini in Chrome to India, Canada, and New Zealand, and adds support for over 50 additional languages, including Hindi, French, and Spanish (Charmaine D'Silva/The Keyword)
Sources: Chinese state enterprises and agencies move to curb in-office OpenClaw use over potential security risks as users across China experiment with OpenClaw (Bloomberg)
Applied Materials partners with Micron and SK Hynix to develop next-gen memory chips for AI and HPC at its new EPIC center, part of a planned $5B R&D investment (Jaspreet Singh/Reuters)
The AI-assisted overhaul of a Python character encoding detection library raises questions about software relicensing and derivative versions of the original (Thomas Claburn/The Register)
Indian AI lab Lossfunk's prompting method lets LLMs generate Tulu language text without prior training; the method may expand to other low-resource languages (The Economic Times)
A profile of Sachin Katti, who joined OpenAI from Intel in November 2025 as head of industrial compute, as he helps guide OpenAI's infrastructure efforts (Bloomberg)

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