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Epic cuts 1,000+ jobs, saying "we're spending significantly more than we're making" and that the layoffs and $500M in savings put it "in a more stable place" (Bloomberg)
Halter, which provides AI-powered cow collars for remote herding via audio and vibration cues, raised $220M led by Founders Fund at a $2B valuation (Rebecca Torrence/Bloomberg)
Ai2 launches MolmoWeb, an open-weight visual web agent available in 4B and 8B parameter sizes, operating via browser screenshots rather than parsing HTML (Sean Michael Kerner/VentureBeat)
Finland suspends a plan to move its election platform to AWS, opting to remain on domestic servers through the 2027 general election, as trust in the US frays (Kati Pohjanpalo/Bloomberg)
Sources: Microsoft agrees to a deal with Crusoe to lease a data center project in Abilene, Texas, representing ~700 MW, after Oracle and OpenAI walked away (Bloomberg)
Apple plans to launch Apple Business, a free platform that consolidates its business tools, on April 14, and plans Apple Maps ads in summer in the US and Canada (Sarah Perez/TechCrunch)
OpenAI plans to invest $1B in AI-related causes in 2026 via the OpenAI Foundation, and names co-founder Wojciech Zaremba to lead its AI resilience initiatives (Shirin Ghaffary/Bloomberg)
Munich-based Interloom, which aims to capture tacit knowledge for AI agents from businesses' operational records, raised a $16.5M seed led by DN Capital (Jeremy Kahn/Fortune)
Japan's Sakana AI launches Sakana Chat, its first consumer chatbot, marking a shift from its business focus as competition to localize generative AI intensifies (Tsubasa Suruga/Nikkei Asia)
Chinese media: Alibaba's DAMO Academy unveils XuanTie C950, a 5nm, 3.2 GHz server chip, and claims it is "the highest performing RISC-V CPU in the world" (Reuters)
Sources: Nintendo plans to cut Switch 2 production this quarter to 4M units, down ~33% from 6M, after weaker-than-expected holiday demand, especially in the US (Takashi Mochizuki/Bloomberg)
US Senators Warren and Banks urge suspending Nvidia AI chip export licenses to China and Southeast Asia, following Supermicro co-founder Wally Liaw's indictment (Demetri Sevastopulo/Financial Times)
Filing: OpenAI petitions the UK CMA to include AI chatbots with search function in Google's mandated default search engine choice screen for Chrome and Android (James Titcomb/Telegraph)
Q&A with Superhuman CEO Shishir Mehrotra, who apologized for Grammarly's Expert Review feature, on AI impersonation, attribution, compensating creators, more (Nilay Patel/The Verge)
SK Hynix plans to spend ~$8B to buy cutting-edge EUV lithography chipmaking tools from ASML through 2027, as it competes with Samsung to supply DRAM and HBM (Bloomberg)
London-based Revolut reports 2025 revenue up 46% YoY to £4.5B, a £1.7B pre-tax profit, up from £1.1B in 2024, and customers up 33%, as it moves to become a bank (Elena Vardon/Wall Street Journal)
European VC firm Hummingbird raised $800M to find "misfit" founders, taking its total assets to ~$2B, after backing Kraken and AI vibe coding startup Lovable (Financial Times)
In a Kleiner podcast interview, DOD official Emil Michael says he will "never forget" nor "forgive" Uber investors that ousted him and Travis Kalanick in 2017 (Connie Loizos/TechCrunch)
Xiaomi reports Q4 revenue up 7.3% YoY to ~$17B, narrowly above est., its slowest growth since 2023, as EV sales failed to make up for slumping smartphone demand (Bloomberg)
Amazon says its AWS region in Bahrain has been "disrupted" due to drone activity in the area amid the US-led Iran war, marking the second disruption in a month (Greg Bensinger/Reuters)

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