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OpenAI closed a $122B funding round led by SoftBank, a16z, and others at an $852B post-money valuation, after previously announcing the round would total $110B (Ashley Capoot/CNBC)
OpenAI has tapped retail investors for the first time, raising $3B+ as part of its $122B round, through a trio of banks and ETFs managed by ARK Invest (George Hammond/Financial Times)
Microsoft stock plunged 23% in Q1, a steeper drop than any of its tech peers or the Nasdaq, and its steepest quarterly drop since the 2008 financial crisis (Jordan Novet/CNBC)
Yupp, which raised a $33M seed led by a16z crypto in 2024 for a crowdsourced AI model picker, shuts down, saying it didn't reach strong product-market fit (Julie Bort/TechCrunch)
Snap shares climbed 14% on Tuesday after activist investor Irenic suggested changes to boost the stock's value 7x, such as cutting staff by 21% and ending Specs (Lola Murti/CNBC)
Anthropic confirms it leaked parts of Claude Code's source code, saying the leak was "a release packaging issue caused by human error, not a security breach" (Ashley Capoot/CNBC)
Sequoia says Doug Leone is returning in a newly created role of chairman, after he announced his retirement in 2022 from his role as "senior steward" (Iain Martin/Forbes)
Austin-based Saronic, which builds military autonomous ships, raised a $1.75B Series D led by Kleiner Perkins at a $9.25B valuation, up from $4B in Feb. 2025 (Samantha Subin/CNBC)
Samsung launches Hearapy, a free Android app to mitigate motion sickness by playing a 100Hz sine wave tone; a 60-second session can provide two hours of relief (Andrew Liszewski/The Verge)
An excerpt from the book The Infinity Machine details how DeepMind's early governance battles with Google changed Demis Hassabis from an idealist into a realist (Sebastian Mallaby/Colossus)
Sources: threat actors stole Cisco source code by breaching its internal development environment using credentials from a recent Trivy supply chain attack (Lawrence Abrams/BleepingComputer)
Sources: Microsoft is in talks with Chevron and investment fund Engine No. 1 over a $7B Texas power plant that would initially generate 2.5 GW of electricity (Bloomberg)
Amazon strikes a deal to provide internet access on Delta flights via its Leo satellite business, starting with 500 aircraft in 2028, without disclosing terms (Alison Sider/Wall Street Journal)
Analysis: in 2025, Vietnam surpassed China as the leading supplier of laptops and game consoles to the US for the first time, despite President Trump's tariffs (Bloomberg)
US CTO Ethan Klein plans to urge the UK and its allies to help "shore up" quantum computing supply chains at a London meeting, after a US-UK tech deal standoff (Joe Miller/Financial Times)
Sources: South Korean memory chipmakers have sufficient helium stocks until at least June, and a South Korean minister ruled out supply disruptions in H1 2026 (Reuters)
Netflix feels comfortable raising prices knowing customers can downgrade to its ad tier; in 2026, Netflix is on track to double 2025's $1.5B+ in ad sales (Lucas Shaw/Bloomberg)
Sarasota-based Tenex, which offers an AI-enabled managed cybersecurity detection and response service, raised $250M led by Crosspoint at a $1B+ valuation (Dina Bass/Bloomberg)
CoreWeave raised an $8.5B loan from banks and investors to expand its cloud computing capacity, in what it says is the largest chip-backed debt deal of its kind (Bloomberg)
Huawei reports 2025 revenue up 2.2% YoY to ~$127.5B, net profit up 8.7% YoY to ~$9.8B, and R&D spend up 7% YoY to ~$27.8B, as it invests in chip networking tech (Peter Landers/Wall Street Journal)

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