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Russian media says attempts to limit VPN use may have triggered a widespread banking outage, as Moscow intensifies a crackdown on internet use and Telegram (Anthony Halpin/Bloomberg)
Y Combinator appears to have dropped Delve, removing the company's profile from its startup directory, following allegations of fake compliance certificates (The Economic Times)
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Sources: Huawei's Ascend 950PR chip, set for mass production soon, saw prices rise 20% after Chinese tech giants placed bulk orders to run DeepSeek's V4 model (Qianer Liu/The Information)
Tower Semiconductor's market cap tops $20B, four years after a near-sale to Intel for $5B; shares are up ~60% over the past month and ~525% over the past year (CTech)
Chinese semiconductor companies like SMIC reported record 2025 revenue, driven by AI demand and China's self-sufficiency push as a result of US restrictions (Arjun Kharpal/CNBC)
Sources: Musk requires banks seeking roles in SpaceX's IPO to subscribe to Grok and advertise on X; some banks are spending tens of millions integrating Grok (Maureen Farrell/New York Times)
Sources: Mercor asked professionals in fields like entertainment to sell their prior work materials for AI training, even if the IP could belong to ex-employers (Katherine Bindley/Wall Street Journal)
OpenAI COO Brad Lightcap is transitioning to a special projects role as part of an executive shuffle; Fidji Simo is taking medical leave for several weeks (Shirin Ghaffary/Bloomberg)
Interviews with Codex lead Alexander Embiricos, OpenClaw's Peter Steinberger, and others about OpenAI's upcoming superapp that combines ChatGPT with Codex (Alex Heath/Sources)
Internal memo: Iranian strikes have rendered two AWS zones "hard down" in Dubai and Bahrain and Amazon expects them to be "unavailable for an extended period" (Alex Kantrowitz/Big Technology)
Utah launches a one-year pilot program allowing Legion Health's AI chatbot to renew prescriptions for 15 low-risk psychiatric maintenance medications (Robert Hart/The Verge)
Sources: Meta has paused its work with Mercor while it investigates a security breach at the data vendor; OpenAI says it is investigating the security incident (Wired)
Sources: Meta's "Project Walleye" Ohio data center seeks $3B in loans in a first-of-its-kind deal where lenders will fund both the building and the power assets (Financial Times)
Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)
A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedly grew from $10.7B in 2016 to ~$51.1B in 2025 (Jared Perlo/NBC News)
Sony Interactive Entertainment acquires Cinemersive Labs, a UK startup developing tools to convert 2D photos and videos into 3D volumetric photographs (Ian Carlos Campbell/Engadget)
Sources: Supabase is in talks to raise ~$500M at a ~$10B valuation, roughly doubling its October 2025 valuation; GIC is expected to lead the funding round (Katie Roof/The Information)
Alcatraz, which develops AI-powered facial-recognition security systems for building access, raised a $50M Series B, bringing its total funding to $100M+ (Mike Wheatley/SiliconANGLE)
Microsoft partners with SoftBank and Sakura Internet to build AI data infrastructure in Japan, investing $10B over four years and training 1M AI engineers (Takashi Mochizuki/Bloomberg)

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