Sources: SoftBank's Vision Fund 2 invested about $13B in over 50 companies during Q2, up from under $3B invested in less than 24 companies in Q1 — Japanese group commits $13bn in second quarter as it targets smaller companies — SoftBank's second Vision Fund poured about $13bn …
Sources: longtime Elon Musk ally Michael Grimes is leading a shake-up of the Chips Program Office, which administers billions in semiconductor subsidies (Michael Acton/Financial Times)
Michael Acton / Financial Times:
Sources: longtime Elon Musk ally Michael Grimes is leaCrypto payments company MoonPay acquires Iron, an API-focused stablecoin infrastructure company, a source says in a "nine-figure" deal (The Block)
The Block:
Crypto payments company MoonPay acquires Iron, an API-focused stablecoin infAdobe: traffic from AI sources to US retail sites in February rose 1,200% from July 2024; 39% of US consumers used generative AI for shopping, 53% plan to do so (Mike Pastore/Search Engine Land)
Mike Pastore / Search Engine Land:
Adobe: traffic from AI sources to US retail sites inSome developers say licenses for "open" AI models like Google's Gemma and Meta's Llama have limits that restrict commercial use without fear of legal reprisal (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Some developers say licenses for “open” AI models like GooglSome early users of Manus say the agentic AI is no panacea, with long waits, errors, unsatisfying answers, and endless loops often plaguing the experience (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Some early users of Manus say the agentic AI is no panacea, Sources: the FTC moves ahead with an antitrust probe of Microsoft opened by Lina Khan, signaling that new Chair Andrew Ferguson prioritizes Big Tech scrutiny (Bloomberg)
Bloomberg:
Sources: the FTC moves ahead with an antitrust probe of Microsoft opened by
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