Dwayne
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Sources: European chip importers are tapping backup stores and paying higher air freight costs as the US-led Iran war disrupts Middle Eastern cargo routes (Kai Nicol-Schwarz/CNBC)
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Paris-based Parallel, which develops AI agents for hospitals and is initially focused on medical coding workflows, raised a $20M Series A led by Index Ventures (Tamara Djurickovic/Tech.eu)
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Edra, which says it helps companies automate workflows by turning their operational data into a living knowledge base, raised a $30M Series A led by Sequoia (Connie Loizos/TechCrunch)
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Chinese cities are offering free apartments and office space to attract and incubate "one-person companies", startups run by a single founder with AI's help (Viola Zhou/Rest of World)
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Meta CTO Andrew Bosworth says Horizon Worlds will remain in VR for the "foreseeable future", after Meta said Quest headset users will lose access from June 15 (Janko Roettgers/Lowpass)
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Source: Fal, a GenAI model hosting service, is in talks to raise $300M-$350M at an $8B valuation; annualized revenue hits $400M, up from $200M in October 2025 (Katie Roof/The Information)
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Chip industry executives say chip testing companies are racing to meet AI chip demand; Advantest, Teradyne, and Chroma shares more than tripled in the past year (Cheng Ting-Fang/Nikkei Asia)
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PwC's US boss Paul Griggs says partners who resist AI have no place at the firm, and it plans to convert some services into AI-powered automated tools (Stephen Foley/Financial Times)
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Baidu joins Alibaba in raising prices for its AI computing power-related services by ~5% to 30% and its parallel file storage system by 30% from April 18 (South China Morning Post)
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Sen. Marsha Blackburn releases a Senate draft of the TRUMP AMERICA AI Act, a federal framework to replace state AI laws, incorporating KOSA and the NO FAKES Act (Oma Seddiq/Bloomberg Law)
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Figma's stock closed down ~8% on March 18 after Google updated its Stitch AI coding tool for UI design; FIG is down ~80% since the company's IPO in August 2025 (John Wang/@j0hnwang)
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Google updates Stitch, which lets users turn natural language prompts into UI designs, introducing an "AI-native" design canvas and a reasoning design agent (Rustin Banks/The Keyword)
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AppMagic: Apple's revenue from GenAI apps grew from ~$35M in January 2025 to a high of $101M in August 2025, with 75% coming from ChatGPT and only ~5% from Grok (Wall Street Journal)
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Counterpoint: Apple's China smartphone sales surged 23% YoY in the first nine weeks of 2026, while the overall market fell 4% amid rising Android phone prices (Reuters)
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Walmart is embedding its own chatbot Sparky in ChatGPT, after conversion rates via OpenAI's Instant Checkout were 3x lower than those requiring clicking out (Paresh Dave/Wired)
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Anthropic releases a survey of 80,508 Claude users' views, hopes, and fears about AI, calling it "the largest and most multilingual qualitative study" (Anthropic)
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LinkedIn signs The Trade Desk as its first DSP partner for connected TV ads, allowing ad buyers to layer in LinkedIn data to reach target audiences (Lara O'Reilly/Business Insider)
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Google DeepMind appoints Jasjeet Sekhon, Bridgewater's chief scientist and head of AI, as chief strategy officer; Sekhon helped build Bridgewater's AIA Labs (Anirban Sen/Reuters)
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Cloudflare says it has appealed the €14.2M fine issued by Italy for refusing to block pirate sites on its 1.1.1.1 DNS service, calling the amount "staggering" (Jon Brodkin/Ars Technica)
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Perplexity releases its Comet browser app for iOS and iPadOS with a built-in AI assistant, four months after launching on Android (Laurent Giret/Thurrott)
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