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Dealroom: European VC deals are set to rise 3-4% YoY in 2025 to $57B, about the same as in 2023, driven by rising startup valuations in AI, fintech, and defense (Ivan Levingston/Financial Times)

The Winklevoss twins have become major GOP donors; a source says they have donated $32M+ since 2017, including $21M to a new pro-Trump and pro-crypto super PAC (Alex Isenstadt/Axios)

An in-depth look at AWS' underperformance in the GenAI era, as Microsoft Azure and Google Cloud gain ground, and how Anthropic could spark an AWS AI resurgence (SemiAnalysis)

A profile of Mercor, a Scale AI rival valued at $2B in February, which hires domain experts to train models; it had a $100M run rate in March and $6M H1 profit (Richard Nieva/Forbes)

Austin-based Hello Patient, whose AI agents help healthcare organizations handle patient communications, raised a $22.5M Series A led by Scale Venture Partners (Marissa Plescia/MedCity News)

Mojo Vision raised a $75M Series B led by Vanedge Capital to commercialize its microLED tech for products such as AI glasses and optical interconnects (David Harold/Jon Peddie Research)

Recall.ai, which offers an API and a desktop SDK for managing meeting recordings and transcripts, raised $38M in a Series B led by Bessemer at a $250M valuation (Paul Gillin/SiliconANGLE)

Predoc, which uses AI to automate medical records management, raised $30M seed and Series A led by Base10 Partners, with participation from Northzone and others (Allie Garfinkle/Fortune)

Bengaluru-based Tessolve, which offers semiconductor engineering services and has built 11 chip testing and embedded labs globally, raised $150M from TPG Growth (Priyamvada C/Livemint)

Google DeepMind and LIGO researchers detail Deep Loop Shaping, an AI tool that they say improves the observatory's ability to track gravitational waves (Alan Boyle/GeekWire)

Noon, an Amazon rival in the Middle East that has raised $2.7B since its 2016 launch and is now valued at "close to" $10B, is planning an IPO within two years (Chloe Cornish/Financial Times)

OpenAI researchers argue that language models hallucinate because standard training and evaluation procedures reward guessing over admitting uncertainty (OpenAI)

GPT-5 Thinking in ChatGPT is shockingly good at search and demonstrates the potential of combining tool calling with chain-of-thought reasoning (Simon Willison/Simon Willison's Weblog)

Microsoft says clients of its Azure cloud platform may experience increased latency after multiple international cables in the Red Sea were cut (Susanne Barton/Bloomberg)

Christian Catalini, co-creator of Meta's Libra stablecoin project, reflects on Libra's failure, what Stripe's Tempo blockchain can learn from it, and more (Christian Catalini/Forbes)

An analysis of US DOL data: the IT sector's unemployment rate fell from 5.5% in July to 4.5% in August, while active tech job postings declined 2.6% from July (Belle Lin/Wall Street Journal)

Data shows WLFI's sharp drop was driven by shorting and dumping across exchanges, not Justin Sun's token movements; WLFI blames phishing-related compromises (Sam Reynolds/CoinDesk)

OnePlus ends its five-year partnership with camera company Hasselblad and plans to develop its own imaging engine called DetailMax Engine for upcoming phones (Dominic Preston/The Verge)

A look at the ramp up of Apple's retail footprint in India, as a source says Apple's revenue grew 13% YoY to $9B during India's fiscal year that ended in March (Sankalp Phartiyal/Bloomberg)

Thailand, aiming to become the second-largest PCB production hub, is witnessing a tech manufacturing boom as the PCB supply chain shifts from China and Taiwan (Nikkei Asia)

A book excerpt details Spotify's decade-long push against Apple's App Store commissions and steering rules, including pushing the EU to pass new antitrust laws (Tim Higgins/Wall Street Journal)

Source: Balderton Capital, one of Revolut's earliest VC backers, has sold ~$1B in shares through multiple transactions that valued the fintech company at $45B (Financial Times)

Russia publishes a list of locally developed apps it says will function during mobile internet shutdowns, excluding foreign services like WhatsApp and YouTube (Reuters)

Public records show C3 AI's Project Sherlock, its flagship contract to speed up policing in San Mateo County, has struggled with usability and other issues (Thomas Brewster/Forbes)

TikTok says it now has more than 200M MAUs in Europe, up from 175M in 2024, the latest sign of its rapid growth among teenagers (Supantha Mukherjee/Reuters)

C3 AI, whose NYSE ticker symbol is AI, has fallen 32%+ in the past month on growth concerns, after its Q1 revenue fell 19% YoY to $70.3M, below $100M+ est. (Hyunsoo Rim/Sherwood News)

German Chancellor Friedrich Merz inaugurates the Jupiter supercomputer, powered by Nvidia chips, the world's fourth-fastest and Europe's first exascale system (Reuters)

Freshworks founder Girish Mathrubootham, one of India's most prominent SaaS founders, announced he will step down as executive chair effective December 1, 2025 (Chandra R Srikanth/Moneycontrol)

Cadence Design to acquire Hexagon's Stockholm-based design and engineering unit, a computer-aided engineering software provider, for €2.7B in cash and stock (Juby Babu/Reuters)

Alibaba debuts Qwen3-Max-Preview, its largest AI model with over 1T parameters, showcasing strong benchmark performance; the model is not open source (Carl Franzen/VentureBeat)

OpenAI told investors that it projects its cash burn this year through 2029 will rise to a total of $115B, about $80B higher than it previously expected (Sri Muppidi/The Information)

Nvidia opposes the GAIN AI Act, saying the proposed US law forcing AI chipmakers to sell to US buyers first is "just another variation of the AI Diffusion Rule" (Zaheer Kachwala/Reuters)

OpenAI is merging its Model Behavior team with its Post Training group to bring the work of the Model Behavior team closer to core model development (Maxwell Zeff/TechCrunch)

Qualcomm debuts Snapdragon Ride Pilot, a hands-free driver assistance system that is launching with the BMW iX3 and has been validated for use in 60+ countries (Andrew J. Hawkins/The Verge)

Two authors file a proposed class action lawsuit against Apple, alleging Apple knowingly used a dataset of pirated books to train its AI models (Mike Scarcella/Reuters)

AppLovin stock jumps 7%+ and Robinhood jumps 8%+ in extended trading after S&P Global said the two will join the S&P 500 index on September 22 (Jordan Novet/CNBC)

US tech industry's eight companies valued at $1T+ gained a combined $420B in market cap this week, lifting their total value to $21T, led by a Google rally (Ari Levy/CNBC)

At the White House dinner, Zuckerberg said Meta plans to spend "something like at least $600B" through 2028 on data centers and other infrastructure in the US (Kalley Huang/The Information)

After EU's fine ruling, Trump says he may "be forced" to start a trade investigation to nullify the unfair fines, totaling $16.5B for Google and $17B for Apple (Kevin Breuninger/CNBC)

In a letter to OpenAI, AGs of California and Delaware raise concerns about the deaths of two ChatGPT users and threaten to block OpenAI's planned restructuring (George Hammond/Financial Times)

Filing: Anthropic has agreed to pay $1.5B plus interest to resolve an authors' copyright lawsuit over the company's downloading of millions of pirated books (Bloomberg)

Roblox launches text-to-speech and speech-to-text APIs, and AI tools, including letting creators generate fully functional 3D objects from prompts, and more (Aisha Malik/TechCrunch)

Roblox increases its DevEx rate, letting creators earn 8.5% more when they convert their earned Robux into cash, says creators earned $1B+ over the past year (David Baszucki/Roblox Corporate)

Roblox is testing Roblox Moments, a TikTok-like video app allowing users to share 30-second clips of gameplay, and makes the source code available to developers (Cecilia D'Anastasio/Bloomberg)

Isotopes, co-founded by Scale AI's former CTO Arun Murthy to build an AI agent for enterprise business analytics, raised a $20M seed (Julie Bort/TechCrunch)

At the White House dinner on Thursday night, Big Tech executives put on an uncanny display of fealty to Donald Trump by taking turns praising his leadership (Brian Barrett/Wired)

OpenAI acqui-hires the team behind Alex Codes, a Y-Combinator-backed startup whose tool lets developers use AI models within Apple's development suite Xcode (Ivan Mehta/TechCrunch)

The EU fines Google €2.95B for abusing its dominance in digital ads, and says its preliminary stance is that Google must divest parts of its ad-tech business (Wall Street Journal)

World Liberty Financial blacklisted Justin Sun's wallet after it transferred ~$9M worth of WLFI tokens to exchange HTX; Sun called out the freezing of assets (Bloomberg)

Baseten, which helps companies launch open-source or custom AI models, raised a $150M Series D led by Bond at a $2.15B valuation, up from $825M in February (Allie Garfinkle/Fortune)