Maggie Eastland / Bloomberg:
Micron raises its US capex commitment to $250B through 2035, adding $50B for New York, Idaho, Virginia, and other projects, and invests $500M in GlobalWafers  —  Micron Raises Planned Spending to Meet Memory Chip Demand  —  Video Player is loading.  —  Unmute  —  Current Time 0:00 Loaded: 66.43% Playback Rate

Julie Bort / TechCrunch:
Ollama, which helps developers run open-weight AI models locally, raised a $65M Series B led by Theory Venture, following a $15M Series A led by Benchmark  —  The popular open source AI tool Ollama has raised a $65 million Series B, led by Theory Venture, founder and CEO Jeff Morgan tells TechCrunch.

The popularity of Spotify Wrapped has kicked off a wide range of year-in-review features, on apps from YouTube to Uber - and now, the lookback trend has come to AI. Anthropic on Thursday announced a "reflect" feature for its Claude chatbot, allowing users to see an analysis of their usage data over the past month, […]

Aaron Tilley / The Information:
PrismML says it ran a 27B-parameter Qwen 3.6 model on an iPhone 17 Pro, bigger than any prior on-device model; sources: Apple talked with PrismML about its tech  —  Apple is on a quest to shrink powerful AI models to run on iPhones, which could cut down on cloud computing costs and enhance user privacy.

Character.AI's plan to become more than just an LLM-powered chatbot platform is going beyond interactive books, comics, and audio dramas. Today, the company announced the debut of c.ai Series - short-form, episodic videos designed to be watched and interacted with - on your phone. Unlike traditional microdrama services that feature cheaply produced, live-action shows starring […]