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Berlin-based Upvest, which builds trading APIs for neobanks and retail lenders, raised $90M in equity, sources say at a $735M valuation, up from ~$413M in 2024 (Arno Schütze/Bloomberg)
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Samsung says it is winding down sales of its $2,899 Galaxy Z TriFold in South Korea and the US once it clears inventory, after just three months on the market (Bloomberg)
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Q&A with CEO Jim Lanzone on Yahoo being "very profitable", its new AI search engine, focusing on sports content, including original video and podcasts, and more (Nilay Patel/The Verge)
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Open models will largely lose if they keep chasing closed frontier AI models; instead, open models should serve as complementary tools to closed agents (Nathan Lambert/Interconnects AI)
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Nvidia says game developers have full "artistic control over DLSS 5's effects", following backlash alleging that the AI rendering tech altered source material (Tyler Wilde/PC Gamer)
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Alibaba launches Wukong, an enterprise AI platform that coordinates multiple AI agents to handle complex tasks like document editing, currently in beta (Reuters)
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Mistral releases Small 4, its first model to unify reasoning, multimodal, and coding capabilities of its flagship Magistral, Pixtral, and Devstral models (Mistral AI)
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A reporter details harassment and death threats from gamblers who stand to win a Polymarket bet if he would change his report on a missile impact in Israel (Emanuel Fabian/The Times of Israel)
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Fuse, which offers AI-powered loan origination software to credit unions and other financial institutions, raised a $25M Series A (Marina Temkin/TechCrunch)
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How Disney Imagineering built an Olaf robot, set to arrive at Disneyland Paris this month, and taught it to move via reinforcement learning and simulation (Jacob Krol/TechRadar)
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In an all-hands meeting, Fidji Simo described plans to shift OpenAI's strategy around coding and business users, urging staff to avoid "side quests" (Berber Jin/Wall Street Journal)
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RoboForce, which is developing robotics systems to perform physically demanding industrial work, raised $52M led by YZi Labs, bringing its total funding to $67M (Duncan Riley/SiliconANGLE)
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Nvidia announces the Nemotron Coalition, which includes Thinking Machines Lab, Cursor, and Mistral, to develop an open model trained on Nvidia DGX Cloud (Sebastian Moss/DatacenterDynamics)
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Nscale acquires American Intelligence & Power, which owns a 2,250-acre data center campus in West Virginia, where it plans to build up to 8GW of compute by 2031 (Robbie Whelan/Wall Street Journal)
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Austin-based Ironlight, which is building a regulated marketplace for tokenized securities, raised a $21M Series A; its platform received FINRA approval in 2025 (Ryan Lawler/Axios)
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Manus introduces My Computer, a Windows and macOS app that enables its AI agent to interact directly with the user's local files, tools, and apps (Manus)
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Roche says it has deployed 3,500+ Nvidia Blackwell GPUs, which it calls "the greatest announced GPU footprint available to a pharmaceutical company" (Sebastian Moss/DatacenterDynamics)
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Nvidia says BYD, Geely, Isuzu, and Nissan will use its Drive Hyperion AV platform, and that Uber will launch Hyperion-powered robotaxis across 28 cities by 2028 (Andrew J. Hawkins/The Verge)
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Nvidia unveils Space-1 Vera Rubin for orbital data centers, saying its GPU delivers up to 25x more AI compute for space-based inferencing compared to the H100 (Sebastian Moss/DatacenterDynamics)
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US startup Reflection AI is working with South Korea's Shinsegae Group to build a 250MW data center in South Korea, sources say in a several-billion-dollar deal (Amrith Ramkumar/Wall Street Journal)
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