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Sources: SpaceX is floating a $2T+ valuation to prospective investors in its IPO; SpaceX's acquisition of xAI reportedly valued the combined company at $1.25T (Bloomberg)

Source: OpenAI bought TBPN, which was set to generate $30M in 2026, for "low hundreds of millions of dollars"; OpenAI says TBPN will be editorially independent (George Hammond/Financial Times)

The CFTC sues Arizona, Connecticut, and Illinois over their actions against prediction markets, saying it has the "exclusive" authority to regulate such markets (Alex Harring/CNBC)

Mental health startup Kintsugi is shutting down and open-sourcing its AI tech to detect depression and anxiety, after failing to secure FDA clearance (Robert Hart/The Verge)

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)

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)

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)

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)

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)

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)

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)

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)

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)

Challenger: US tech sector job cuts rose 24%+ YoY to 18,720 in March, taking Q1's tech total to 52,000+; AI accounted for 25% of layoffs across all industries (Julia Fanzeres/Bloomberg)

Microsoft launches in-house AI models MAI-Transcribe-1, MAI-Voice-1, and MAI-Image-2, built by its superintelligence team, as it pursues "AI self-sufficiency" (Michael Nuñez/VentureBeat)

How AI helped Medvi, a telehealth provider of GLP-1 weight-loss drugs with just two employees, hit $401M in 2025 sales; it's tracking for $1.8B in 2026 sales (Erin Griffith/New York Times)

OpenClaw launches an official China mirror of its ClawHub skills marketplace, with ByteDance providing the cloud servers to host the Chinese-language service (Juro Osawa/The Information)

Sources: Chinese optics company and Nvidia supplier Innolight confidentially filed for a Hong Kong IPO that could raise $3B+; Innolight is listed in Shenzhen (Bloomberg)

UK National Education Union poll: 66% of secondary school teachers in England have observed their pupils' critical thinking skills decline due to AI usage (Sally Weale/The Guardian)

Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

Cloudflare debuts EmDash, an MIT-licensed, TypeScript-based CMS built on Astro, designed as a serverless "spiritual successor" to WordPress, available on GitHub (Cloudflare)

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)

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)

IDC: Chinese GPU and AI chipmakers captured nearly 41% of China's AI server market in 2025, significantly eroding Nvidia's share to 55%, or ~2.2M cards shipped (Reuters)

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)

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)

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)

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)

Treeline, which is building an AI and software-first alternative to legacy corporate IT systems, raised a $25M Series A led by Andreessen Horowitz (Lily Mae Lazarus/Fortune)

Tim Cook reflects on 50 years of Apple, Steve Jobs' legacy, reaffirming the company's values, working with a "very accessible" Trump administration, and more (Ryan D'Agostino/Esquire)

Variance, which develops AI agents for compliance and fraud investigations, raised a $21.5M Series A led by Ten Eleven Ventures and joined by YC and others (Ryan Lawler/Axios)

A whistleblower alleges Delve pitched a modified copy of open-source no-code tool SimStudio as its own, a practice that could violate the software's license (Julie Bort/TechCrunch)

In a joint filing, Elon Musk and the US SEC say they are ready to move toward a trial over Musk's alleged failure to disclose his Twitter stake in 2022 (Nicola M White/Bloomberg)

Google increases the storage of its $19.99 per month AI Pro subscription plan to 5TB, up from 2TB, at no additional cost; 10TB costs $49.99 per month (Abner Li/9to5Google)

Documents: Intel plans to invest $15M in SambaNova, a startup chaired by CEO Lip-Bu Tan, increasing Intel's stake to 9%, following a $35M investment in February (Reuters)

Sources: Amazon is in talks to acquire Globalstar to bolster its low Earth orbit satellite business; Apple's 20% stake in Globalstar is a complicating factor (Financial Times)

Solana-based DeFi platform Drift warns users about an "active attack" on its protocol; Arkham data says $250M+ moved from Drift's wallet to an interim wallet (Helene Braun/CoinDesk)

Cognichip, which is building an AI model for chip design, raised a $60M Series A led by Seligman Ventures, with participation from new board member Lip-Bu Tan (Tim Fernholz/TechCrunch)

Sources: the FBI has declared a recent China-linked hack of a system, which contained pen register and trap and trace surveillance returns, a "major incident" (John Sakellariadis/Politico)

Franklin Templeton agrees to acquire CoinFund spinoff 250 Digital to form Franklin Crypto, which will offer strategies designed for institutional investors (Vicky Ge Huang/Wall Street Journal)

Super Micro co-founder Yih-Shyan Liaw pleads not guilty to US federal charges of helping smuggle billions of dollars' worth of Nvidia-powered servers to China (Bob Van Voris/Bloomberg)

Raspberry Pi raises prices by between $11.25 and $150, citing higher memory costs after December and February hikes, and unveils a 3GB Raspberry Pi 4 for $83.75 (Stevie Bonifield/The Verge)

Sona, which uses AI to help companies with scheduling, HR, payroll, and other workflows, raised a $45M Series B led by N47, bringing its total funding to $100M+ (Chris Metinko/Axios)

Sources: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal that will cater to professional traders and market makers (Ben Weiss/Fortune)

Sources: OpenRouter is in talks to raise $120M led by CapitalG at a $1.3B post-money valuation; it now has $50M+ in annualized revenue, up from $10M+ in Oct. (The Information)

Sources: SpaceX has filed confidentially for an IPO, putting it on track for a June listing; it could reportedly seek a valuation of $1.75T+ and raise ~$75B (Bloomberg)

Source: AWS' operation in Bahrain was damaged after an Iranian strike; Bahrain earlier said the civil defence force was "extinguishing a fire in a facility" (Financial Times)

SEC filing: Hasbro confirms a cyberattack and says it may take "several weeks" before the incident is resolved, after it detected an intrusion on March 28 (Zack Whittaker/TechCrunch)

Secondary share marketplaces say OpenAI shares have fallen out of favor, in some cases becoming difficult to unload, as investors pivot quickly to Anthropic (Hema Parmar/Bloomberg)

Anthropic's Claude Code leak reveals its "Kairos" updates, including letting Claude work in the background and using a "dream mode" to consolidate its memories (The Information)