Archive · Edition
LSEG is buying credit intelligence and workflow software provider Octus from Permira and Octus' management for $3.54B in cash.
Baba builds AI tools that help Medicare and Medicaid patients connect to care teams and handle advocacy tasks; FirstMark led the round.
The subreddit's moderators banned submissions of projects using, made by or intended for AI and excluded non-English speakers over AI-translation concerns; the new rules sparked a revolt.
CapitalOS lets vertical software platforms offer spend management, cards and bill payment to their SMB customers; LGVP led the round.
The Information reports Ramp investors Joe Lonsdale and Keith Rabois pushed US lawmakers to probe Airwallex's China ties after Airwallex scrapped a deal with Ramp.
Moonshot's Kimi K3.1 Pro scores high on third-party benchmarks, but its debut drew scrutiny over allegations that influencers were asked to promote it without disclosing a commercial relationship.
Firms such as Jane Street are investing in AI and chip startups and neoclouds, and some are building their own data centers.
Data-center tenants now demand more than $5M a day in late-delivery fees, up from $1M this spring, and brokers like Marsh are selling new delay-in-delivery coverage.
A Blackstone-led $2.3B private credit loan to CoreWeave in 2023 became the blueprint for chip-backed debt, which Bloomberg says is on track to become a $1T market.
Sources: Apple tweaked macOS for its OLED touch MacBook Pro, due Wednesday, with a dynamic interface that adapts to whether touch or the trackpad was last used — Also: The company rolls out a retail store tool to reduce wasted inventory. — Apple's touch-screen MacBook Pro will arrive on Wednesday …
Lawmakers and Hill staffers in both parties say AI leaders are becoming a political liability as they swing between claims of prosperity and existential dangers.
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