Jensen Huang proposes a compensation model where engineers receive an AI token budget on top of their base salary, to deploy agents as productivity multipliers — The perks of working in Silicon Valley have long included high salaries. Now, some engineers may be offered a new incentive: artificial intelligence tokens.
Sources: contract electronics manufacturer Zetwerk plans to file for an IPO in India, aiming to raise ~$550M at a ~$4B valuation; it was valued at $3.1B in 2024 — India's Zetwerk is preparing to confidentially file draft papers for an initial public offering within the next one to two weeks …
Bluesky raised a $100M Series B led by Bain Capital Crypto in April 2025, following a $15M Series A in 2024 and an $8M seed in 2023; it now has over 43M users — Social network Bluesky is gearing up for big changes with today's news that the company raised $100 million in Series B funding.
Google moved some staffers working on Project Mariner, its AI agent that can navigate Chrome and complete tasks on a user's behalf, to higher-priority projects — As Silicon Valley obsesses over a new wave of AI coding agents, Google and other AI labs are shifting their bets.
Compute startup Andromeda raised new funding from Paradigm at a $1.5B valuation, bringing Paradigm's total to $60M; it passed a $100M revenue run rate in 2025 — Once a service spun up by AI investors Nat Friedman and Daniel Gross, Andromeda has now raised $60M from Paradigm to stand alone.
Meta makes its Meta Lab NYC pop-up on Fifth Avenue a permanent flagship location after signing a 10-year lease; it opened its first flagship store in LA in 2025 — The tech company has signed a decade-long lease for its Meta Lab town house on Fifth Avenue.
Sources: China is penalizing people tied to Meta's $2B Manus acquisition, including by apparently restricting Manus executives from leaving China for Singapore — The country appears to be cracking down on people linked to the acquisition of Manus, a Singapore company with Chinese roots, as President Trump prepares to visit Beijing.