Reading List

The most recent articles from a list of feeds I subscribe to.

Norm, which runs an AI law firm that provides AI-powered legal services to clients alongside human lawyers, raised $120M led by Khosla at a $1.2B valuation (Guinevere Grant/Bloomberg)

Guinevere Grant / Bloomberg:
Norm, which runs an AI law firm that provides AI-powered legal services to clients alongside human lawyers, raised $120M led by Khosla at a $1.2B valuation  —  Norm Ai has raised $120 million from investors in a new funding round to help automate legal services and rethink how the industry bills for its work.

Coinbase secures UK FCA authorization to offer investment services, enabling it to expand into derivatives and equities trading, its largest UK expansion yet (Brian Danga/The Block)

Brian Danga / The Block:
Coinbase secures UK FCA authorization to offer investment services, enabling it to expand into derivatives and equities trading, its largest UK expansion yet  —  Quick Take  — Coinbase has secured a UK investment services license, allowing it to expand beyond crypto with derivatives and equities trading.

Xbox layoffs show it was too big not to fail

Asha Sharma cuts back Microsoft's gaming operation and drops studios including Double Fine and Ninja Theory while pointing the finger at Phil Spencer

Sources: Amazon is looking to raise at least $25B from a US dollar bond sale to fund its AI infrastructure investments; the size could increase based on demand (Bloomberg)

Bloomberg:
Sources: Amazon is looking to raise at least $25B from a US dollar bond sale to fund its AI infrastructure investments; the size could increase based on demand  —  Amazon.com Inc. is looking to raise at least $25 billion from a US dollar bond sale, marking its latest jumbo debt offering …

Arc Raiders update changes how matchmaking works

Arc Raiders update 1.36.0 is finally changing matchmaking, so players can PvP in trios and still find friendly lobbies in solos.