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March 31, 2025, 10:00 PM
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memeorandum
WeSmirchTop News
| CNBC: |
OpenAI closes a $40B funding round, the most ever raised by a private tech company, at a $300B post-money valuation; SoftBank led the round with $30B — OpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record.
More: OpenAI, The Verge, Wall Street Journal, Australian Financial Review, SiliconANGLE, Decrypt, PYMNTS.com, San Francisco Business Times, VentureBeat, Thurrott, Financial Times, TechCrunch, Axios, The Wrap, and Sherwood News
Bluesky: @edzitron.com, @edzitron.com, @edsbs, and @andrewparker
X: @kyliebytes, @mikeisaac, @apompliano, @danprimack, @garymarcus, @rogoswami, @edzitron, and @gavinpurcell. LinkedIn: Geoff Lewis
Forums: Hacker News and r/technology
| Shirin Ghaffary / Bloomberg: |
Source: SoftBank will invest an initial $7.5B in OpenAI's $40B round, plus $22.5B by 2025's end; other backers include Microsoft, Coatue, Altimeter, and Thrive — OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion … | Kyle Wiggers / TechCrunch: |
Sam Altman says OpenAI is planning to “release a powerful new open-weight language model with reasoning in the coming months” — OpenAI says that it intends to release its first “open” language model since GPT‑2 “in the coming months.” — That's according to a feedback form …
More: OpenAI, VentureBeat, CNET, Decrypt, Blockchain.News, Neowin, The Information, Wired, SD Times, and Reuters
X: @sama, @sama, @clementdelangue, @dorialexander, @thexeophon, @joheidecke, @garrytan, @joheidecke, @gdb, @altcap, and @levie
Forums: r/LocalLLaMA and Slashdot
| Kylie Robison / The Verge: |
Sam Altman says “we added one million users in the last hour”, following last week's Images for ChatGPT launch; over the weekend he said “our GPUs are melting” — Last week, OpenAI released Images for ChatGPT which led to an explosion of interest thanks to its ability …
| Ian King / Bloomberg: |
At the Intel Vision conference, CEO Lip-Bu Tan says Intel plans to spin off non-core assets, create new products including custom semiconductors, and more — Intel Corp. Chief Executive Officer Lip-Bu Tan said the chipmaker will spin off assets that aren't central to its mission and create …
More: Oregonian, Nikkei Asia, Wall Street Journal, CRN, Thurrott, Reuters, PCWorld, Barron's Online, MarketWatch, Financial Times, Intel on YouTube, and Benzinga
Threads: @sung.kim.mw. X: @iancutress, @intelnews, @iancutress, @iancutress, @underfox3, @iancutress, @iancutress, @greengart, @intelnews, @greengart, @firstadopter, @underfox3, @intelnews, and @intelnews
| Juli Clover / MacRumors: |
Apple releases iOS 18.4 with Priority notifications for Apple Intelligence, which gets support for eight more languages, Ambient Music via Control Center, more — Apple today released iOS 18.4 and iPadOS 18.4, the fourth major updates to the iOS 18 and iPadOS 18 operating system updates …
More: Apple, The Verge, 9to5Mac, MacRumors, AppleInsider, Emojipedia, WebKit, CNET, MacRumors, Stephen Robles on YouTube, AppleInsider, MacRumors, Android Headlines, MacStories, YouTube, Axios, Ars Technica, Brandon Butch on YouTube, 9to5Mac, iThinkDifferent, zollotech on YouTube, Laptop Mag, Appleosophy, Digit, CNET, Engadget, Yahoo Finance, The Mac Observer, Forbes, The Apple Post, iDownloadBlog.com, BGR, PhoneArena, The Mac Observer, iDeviceHelp on YouTube, AppleInsider, Digital Trends, The Mac Observer, The Mac Observer, Thurrott, Cult of Mac, AppleInsider, MakeUseOf, 9to5Mac, AppleInsider, 9to5Mac, The Verge, The Mac Observer, Daring Fireball, iPhone in Canada Blog, TechRadar, mjtsai.com, Cult of Mac Today, Macworld, MacRumors, Forbes, 9to5Mac, Pixel Envy, and OS X Daily
Mastodon: @GossiTheDog@cyberplace.social, @viticci@mastodon …, and @Kierkegaanks@beige.party. Threads: @danawollman. X: @markgurman
Forums: r/OpenCoreLegacyPatcher, r/apple, r/MacOS, r/iphone, MacRumors Forums, and MacRumors Forums
| Chance Miller / 9to5Mac: |
| Sean Endicott / Windows Central: |
Microsoft expands Copilot+ PC features like Live Captions and Cocreator, previously exclusive to models with Snapdragon chips, to models with AMD or Intel chips — Staggered feature releases make me ask “what even is a Copilot+ PC?” — Microsoft has a big update for Copilot+ PCs powered by Intel or AMD processors.
More: Windows Experience Blog, CRN, MakeUseOf, VideoCardz.com, The Verge, Liliputing, Neowin, XDA Developers, and Thurrott
X: @dylanonchips, @windowsblog, @yusuf_i_mehdi, @dylanonchips, @pavandavuluri, @sasamarinkovic, @amdryzen, and @zacbowden. LinkedIn: Mark Linton
| Cheng Ting-Fang / Nikkei Asia: |
Sources: GlobalFoundries mulls merging with UMC, Taiwan's 2nd-largest chipmaker, to form a bigger, US-based company with production in Asia, the US, and Europe — TAIPEI — U.S. contract chipmaker GlobalFoundries and United Microelectronics Corp., Taiwan's No. 2 chipmaker …
More: Reuters, TrendForce News, Bloomberg, CNBC, Capital Brief, and Yahoo Finance
| Vicky Ge Huang / Wall Street Journal: |
Eric and Donald Trump Jr.'s American Data Centers plans to merge with Hut 8's American Bitcoin and take a 20% stake, aiming to create the world's largest miner — A business led by two of the president's sons will invest in American Bitcoin, a new mining company controlled by Hut 8
More: Hut 8, New York Times, Reuters, HuffPost, CryptoPotato, PYMNTS.com, The Daily Hodl, Bitcoin Insider, Benzinga, DL News, Daily Caller News Foundation, Axios, Decrypt, New York Magazine, The Crypto Basic, Watcher Guru, Yahoo Finance, TheMinerMag, crypto.news, Investor's Business Daily, CoinGape, Coinspeaker, Bloomberg, Bitcoin Magazine, CoinDesk, Cointelegraph, CryptoSlate, Crypto Briefing, The Crypto Times, and Blockonomi
| Maxwell Zeff / TechCrunch: |
Amazon's AGI Lab unveils Nova Act, a general purpose AI agent to control a web browser and independently perform some simple actions, and a Nova Act SDK — Amazon on Monday unveiled Nova Act, a general-purpose AI agent that can take control of a web browser and independently perform some simple actions.| Benoit Berthelot / Bloomberg: |
France's antitrust regulator fines Apple €150M after a lengthy investigation into how iOS asks to collect user data under ATT and the impact on advertisers — France's antitrust regulator fined Apple Inc. €150 million ($162 million) after a lengthy probe into how the technology company asks …
More: Autorité de la concurrence, Reuters, The Verge, Mobile Dev Memo, MacRumors, AppleInsider, Wall Street Journal, Associated Press, 9to5Mac, PhoneArena, Android Headlines, Global Competition Review, Thurrott, PocketGamer.biz, Developer Tech News, Philip Elmer‑DeWitt, HotHardware, chinadailyhk, Daring Fireball, CyberInsider, PYMNTS.com, iClarified, The Record, iPhone in Canada Blog, Yahoo Finance, Cryptopolitan, Music + Essentials, UPI, Sharecast, Euractiv, Deccan Herald, Livemint, Patently Apple, Business Standard, Nairametrics, Agence France-Presse, Hindustan Times, Daily Sabah, and MacDailyNews
Bluesky: @mindingprivacy. Mastodon: @counternotions@mastodon …. Threads: @gruber, @eshumarneedi, and @timothybucksf
Forums: r/technology, r/technology, r/apple, and MacRumors Forums
| Michael J. de la Merced / New York Times: |
Isomorphic Labs, a DeepMind spinoff focusing on drug discovery, raised $600M led by Thrive to research treatments, including for cancer and immune disorders — The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer.
More: Isomorphic Labs, TechCrunch, GEN, New York Post, The Information, SiliconANGLE, MobiHealthNews, BioPharma Dive, UKTN, Financial Times, FinSMEs, Moneycontrol, Bloomberg, Crunchbase News, Tech.eu, and Reuters
X: @gvteam, @isomorphiclabs, @demishassabis, @sergeiiakhnin, and @demishassabis. LinkedIn: Tom Hulme
| Caroline O'Donovan / Washington Post: |
Alexa+ will start rolling out to users today; sources: some features demoed in February are slated to arrive in two months, while others will take longer — Alexa+, Amazon's AI-enhanced voice assistant, will launch to some customers Monday, though not every feature will be available right away
More: Android Police, Android Authority, The Verge, iPhone in Canada Blog, Android Headlines, About Amazon, TechCrunch, and Engadget. Threads: @joannastern
| Aisha Malik / TechCrunch: |
Substack rolls out a TikTok-like video feed in its app, initially featuring short-form videos under 10 minutes — Substack continues to double down on video amid TikTok's uncertain future in the U.S. The company announced on Monday that it's rolling out a scrollable video feed in its app …
More: SiliconANGLE, Fast Company, Gizmodo, Digital Trends, Engadget, and Neowin. Bluesky: @caseynewton
| Kate Clark / Bloomberg: |
Sources: Sesame, which makes realistic AI voice assistants, is in talks to raise $200M+ co-led by Sequoia Capital and Spark Capital, valuing the company at $1B+ — Sesame AI is discussing a funding round of more than $200 million, co-led by Sequoia Capital and Spark Capital.
LinkedIn: Kate Clark
| Bloomberg: |
Builder.ai dropped H2 2024 revenue estimates by ~25% after some sales channels “did not come through” and says a full audit report is expected by summer 2025 — The London-based company, which has raised more than $450 million, dropped its revenue estimates for the second half …
More: PYMNTS.com
| Arjun Kharpal / CNBC: |
Huawei reports FY 2024 revenue up 22.4% YoY to ~$118.2B, near its ~$123B record in 2020, net profit down 28% YoY to ~$8.63B, and R&D spend rising to ~$25B — Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated.| Matthew Griffin / Bloomberg: |
Coinbase's stock fell 31% in Q1 2025, its worst quarterly performance since FTX collapsed in 2022; nearly every major crypto-linked stock plunged alongside it — Coinbase fell 31% in the worst quarterly performance since FTX collapsed near the end of 2022.
More: Crypto Briefing, NewsBTC, and PYMNTS.com
| Lucas Shaw / Bloomberg: |
How JioHotstar became India's most popular streamer, with 100M subscribers paying less than $1/month on average, via a freemium model, micro dramas, and more — More than 100 million people now subscribe to India's largest paid video service. — Good evening from Mumbai … | Belle Lin / Wall Street Journal: |
AMD completes its $4.9B purchase of data center equipment designer ZT Systems, announced in August 2024, taking on its roughly 1,000 design engineers — Chip giant CEO Lisa Su says AI is still in its ‘very early stages’ as the company revs up competition with Nvidia
More: AMD, CRN, insideHPC, Thurrott, insideAI News, DatacenterDynamics, PC Gamer, and Yahoo Finance. Forums: r/AMD_Stock
| Zack Abrams / The Block: |
PumpSwap, a new DEX launched by Pump.fun's creators, processed $2.43B in cumulative trading volume after just 10 days, shaking up the Solana DEX ecosystem — - PumpSwap, the DEX recently launched by memecoin platform Pump.fun, has processed $2.43 billion in cumulative trading volume after just 10 days …
More: Dune, Coinspeaker, crypto.news, crypto.news, Cointelegraph, crypto.news, and Cryptopolitan. Forums: r/CryptoCurrency
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