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Techmeme

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Memo: Meta hires the founders and team behind Dreamer, which lets users create AI agents; co-founder Hugo Barra is joining Meta Superintelligence Labs (Kurt Wagner/Bloomberg)
A profile of AWS following its 20th anniversary, covering its creation, ability to lead the market it created, response to the ChatGPT disruption, and AI bets (Todd Bishop/GeekWire)
Indian media: Indian police arrest two CoinDCX cofounders, after a complainant alleged investment fraud tied to the exchange; CoinDCX calls the claims "false" (Zack Abrams/The Block)
Singapore-based Grab agrees to buy Delivery Hero's Foodpanda operations in Taiwan for $600M in cash, its first foray outside of its Southeast Asian home market (Bloomberg)
Korean AI startup Upstage says it is in talks to acquire 10K of AMD's MI355 chips, in a bid to "diversify to other chips" as "we have a lot of Nvidia chips" (Bloomberg)
The EC's EU Inc. proposal is a missed opportunity, leaving national courts to interpret corporate rules, and it seems like Brussels has pre-emptively aimed low (Martin Sandbu/Financial Times)
NYC-based Dash0, which offers AI agents to monitor and troubleshoot cloud, app, and infrastructure issues, raised $110M led by Balderton at a $1B valuation (Yazhou Sun/Bloomberg)
Addison Lee CEO Liam Griffin says London cab drivers should be protected via "a minimum price" on Waymo's and Tesla's robotaxis to prevent "predatory pricing" (Financial Times)
Sources: Sony is nearing an agreement to sell a 51% stake in its home entertainment business to Chinese rival TCL for ~$1B, to be announced as soon as in March (Bloomberg)
Senators Adam Schiff and John Curtis introduce bipartisan legislation to ban sports betting on CFTC-regulated prediction markets, such as Kalshi and Polymarket (Krystal Hur/Wall Street Journal)
AI chip company Kandou AI raised $225M from SoftBank, Synopsys, and others at a $400M valuation after pivoting from consumer hardware to AI infrastructure (Nino Paoli/Bloomberg)
OpenAI hires Dave Dugan, a former top ad executive at Meta, to lead ad sales, reporting to COO Brad Lightcap; Dugan stepped down as a Meta VP earlier in March (Suzanne Vranica/Wall Street Journal)
Leonid Radvinsky, the reclusive billionaire owner of OnlyFans parent company Fenix, died at 43 from cancer; he acquired a majority stake in OnlyFans in 2018 (Olivia Solon/Bloomberg)
Sources: EA is selling a $15B debt package to fund its $55B take-private deal led by Saudi Arabia's PIF, including nearly $700M in projected annual cost savings (Bloomberg)
Sources: OpenAI is offering PE firms a guaranteed minimum return of 17.5% and early access to new models to secure JVs, an improvement on Anthropic's terms (Reuters)
London-based luxury ride-hailing app Wheely launches in NYC, aiming to compete with Uber Elite; Wheely reports ~1,250 corporate accounts and ~100K active riders (Natalie Lung/Bloomberg)
Reality Labs lost $80B+, but it still makes all of Meta's hardware, and reflects Mark Zuckerberg's desire to run a business without Google or Apple as middlemen (Peter Kafka/Business Insider)
Sources: activist investor Elliott has a multibillion-dollar stake in Synopsys and plans to engage with the company to boost its software and service profits (Lauren Thomas/Wall Street Journal)
Samsung rolls out Apple AirDrop support to Quick Share, starting with the Galaxy S26 series in South Korea, and plans to expand to more devices and regions (Mike Sorrentino/CNET)
Palantir won a three-month, £30K+/week trial to access the UK FCA's intelligence data to tackle financial crime, a source says raising concerns inside the FCA (Robert Booth/The Guardian)

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