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Source: Anthropic has acquired Coefficient Bio, which was developing a platform that enables AI to run biotech tasks such as planning drug research, for ~$400M (The Information)
Sources: Sarvam AI is close to raising $300M-$350M at a ~$1.5B valuation, which could close as soon as next week; Bessemer Venture Partners is expected to lead (Saritha Rai/Bloomberg)
A domestic shortage of electrical equipment such as transformers and switchgear is forcing the US to rely on Chinese imports, delaying data center construction (Bloomberg)
An interview with Mustafa Suleyman on Microsoft's AI reorg, how revising its OpenAI deal "unlocked [Microsoft's] ability to pursue superintelligence", and more (Hayden Field/The Verge)
Mustafa Suleyman says Microsoft is "not able to build models in the very largest scale yet" but its "computation ramp is coming to enable us to do" it in 2026 (Financial Times)
Coinbase says it has won conditional approval from US banking regulators for a national trust company charter, which could let it issue stablecoins and more (Olga Kharif/Bloomberg)
Google launches Gemma 4, its "most intelligent" open model family, purpose-built for advanced reasoning and agentic workflows, under an Apache 2.0 license (The Keyword)
Google adds new features to its video editing app Vids, including directing and customizing avatars through text prompts and Veo 3.1 support (Ivan Mehta/TechCrunch)
Flipboard launches Surf, an app for creating custom feeds from Mastodon, Threads, Bluesky, RSS, podcasts, and YouTube, after over a year in beta (David Pierce/The Verge)
Cursor launches Cursor 3, an "agent-first" coding product designed to compete with Claude Code and Codex by letting developers manage multiple AI agents (Maxwell Zeff/Wired)
OpenAI acquires popular tech news show TBPN; the show will stay the same and will continue to air live at 11am PT weekdays (John Coogan/@johncoogan)
OpenAI acquires tech news show TBPN; Fidji Simo says the move aims to "help create a space for a real, constructive conversation about the changes AI creates" (Katie Deighton/Wall Street Journal)
Crypto asset manager CoinShares began trading on the Nasdaq on April 1, marking its entry into US public markets after its $1.2B SPAC merger with Vine Hill (Naga Avan-Nomayo/The Block)
Sources: AI startup Poolside held talks with Google and others to revive a Texas data center project after a CoreWeave deal and a $2B Nvidia-led round collapsed (Stephen Morris/Financial Times)
Sources: Oracle has cut ~10,000 jobs in India, or ~20% of its Indian workforce, as part of a restructuring that reportedly affects 30,000 employees globally (The Economic Times)
Ofcom: the share of adult UK social media users that actively post, share, or comment falls from 61% in 2024 to 49%, as users say they are being more selective (Dan Milmo/The Guardian)
IDC: Chinese GPU and AI chipmakers captured ~41% of China's AI server market in 2025, significantly eroding Nvidia's share, which stood at 55% with ~2.2M cards (Reuters)
A profile of Microsoft CFO Amy Hood, who paused some data center expansions in 2025, a decision some say led to its current supply crunch and growth bottleneck (Bloomberg)
Alibaba releases Qwen3.6-Plus, its third proprietary, closed-source AI model it launched within three days, saying it has "drastically enhanced" agentic coding (Luz Ding/Bloomberg)
Cloudflare debuts EmDash, an MIT-licensed, TypeScript-based CMS built on Astro, designed as a serverless "spiritual successor" to WordPress, available on GitHub (Cloudflare)

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