Sources: Ramp told investors it is raising $750M co-led by Iconiq Capital and GIC at a valuation of $40B+ before the investment, up from $32B in November 2025 (Kate Clark/Wall Street Journal)

Kate Clark / Wall Street Journal:
Sources: Ramp told investors it is raising $750M co-led by Iconiq Capital and GIC at a valuation of $40B+ before the investment, up from $32B in November 2025  —  The financing target represents a more than 30% increase from six months ago  —  The corporate card and expense management startup Ramp …

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Sources: AirPods with cameras reached an advanced testing stage; the cameras will feed data to Siri to help answer questions, rather than take photos or video (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sources: AirPods with cameras reached an advanced testing stage; the cameras will feed data to Siri to help answer questions, rather than take photos or video  —  Apple Inc. has reached the late stages of development for new AirPods with built-in cameras, a significant milestone for what will likely …

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Corgi, which provides insurance for startups and uses AI to generate quotes, manage claims, and more, raised a $160M Series B led by TCV at a $1.3B valuation (Richard Nieva/Forbes)

Richard Nieva / Forbes:
Corgi, which provides insurance for startups and uses AI to generate quotes, manage claims, and more, raised a $160M Series B led by TCV at a $1.3B valuation  —  Named after the company-owned dog, Corgi embodies the sometimes-absurd San Francisco startup scene.  Now it's worth $1.3 billion, after raising $160 million.

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Musk v. Altman: Mira Murati testifies that Sam Altman lied to her about the safety standards for a new OpenAI model and that he made her work more difficult (Jay Peters/The Verge)

Jay Peters / The Verge:
Musk v. Altman: Mira Murati testifies that Sam Altman lied to her about the safety standards for a new OpenAI model and that he made her work more difficult  —  OpenAI's former CEO testified under oath that Altman lied to her. … Mira Murati, OpenAI's former CTO, has testified under oath …

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Anthropic says it signed a deal with SpaceX to use "all of the compute capacity" at Colossus 1, giving it access to over 300 MW of new capacity within the month (Axios)

Axios:
Anthropic says it signed a deal with SpaceX to use “all of the compute capacity” at Colossus 1, giving it access to over 300 MW of new capacity within the month  —  Anthropic said Wednesday it has struck a deal to gain access to compute capacity from Elon Musk's SpaceX …

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OpenAI rolls out a beta version of its new Ads Manager tool to advertisers in the US, making it easier for SMBs to buy ChatGPT ads on a cost-per-click basis (Sara Fischer/Axios)

Sara Fischer / Axios:
OpenAI rolls out a beta version of its new Ads Manager tool to advertisers in the US, making it easier for SMBs to buy ChatGPT ads on a cost-per-click basis  —  OpenAI has launched a self-serve advertising platform, executives said, marking a significant step in its goal of generating $2.5 billion …

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Sources: the Trump administration is discussing an EO to create an AI working group to examine AI oversight procedures, including vetting models before release (New York Times)

New York Times:
Sources: the Trump administration is discussing an EO to create an AI working group to examine AI oversight procedures, including vetting models before release  —  The Trump administration, which took a noninterventionist approach to artificial intelligence, is now discussing imposing oversight …

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