The companies building the machines that build AI chips just posted a beat, and the market noticed. ASMPT Ltd., a chip equipment maker, forecast Q2 revenue above expectations, driven by semiconductor business tied to AI infrastructure
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Elon Musk just bought himself a $60 billion shortcut in the agent wars, and the price tag says everything about how far behind he thinks he is. SpaceX has struck a deal to acquire AI coding assistant Cursor for $60 billion, marking one of the largest AI acquisitions in history
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Prediction markets are worth billions, but the crypto one just got a $7 billion haircut. Polymarket is raising $400 million at a $15 billion valuation, a steep discount to rival Kalshi's $22 billion mark
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Revolut just tripled its valuation target in five months, and the gap between what crypto banks can do and what traditional banks are allowed to do has never been wider.
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Kalshi, the prediction market that beat the CFTC in court, is launching perpetual futures to compete directly with Binance and Hyperliquid. Kalshi plans to launch crypto perpetual futures on April 27, moving beyond election and event-based prediction markets into continuous crypto trading products
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Crypto exchanges just turned private equity into a tradable asset class with leverage, and SpaceX is the guinea pig. BTCC launched SPACEXUSDT perpetual futures with 50x leverage, while Bitget opened IPO Prime with Republic to offer Solana-based tokens tied to pre-IPO companies
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The world's best AI can solve physics problems that stump MIT grads but chokes on reading the total from a scanned invoice, and that gap reveals everything wrong about how we're building the agent economy.
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A VC-turned-founder just raised $5 million to solve the problem that social media made you lonelier. Bond, a new social app from ex-VC Dino Becirovic and former Meta engineer Hanxin Jin, raised $5 million in seed funding to build what they're calling "anti-feed" social media.
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A startup just raised $380 million to build prefab nuclear reactors for data centers, and the bet isn't on AI models getting smaller. Blue Energy Global raised $380 million to develop small modular reactors (SMRs) specifically for data center power
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AI is cutting grocery waste by a quarter, and the fix isn't sexy tech—it's replacing spreadsheets with models that know when your strawberries are leaking water. Afresh, an AI startup, just raised $34 million to expand software that cuts grocery waste by up to 25% by fixing fresh food ordering.
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The trial that could force OpenAI to reverse its entire corporate transformation starts jury selection in six days. Elon Musk's fraud case against Sam Altman and OpenAI goes to trial April 27, claiming Altman deceived him into donating $38 million by promising OpenAI would stay nonprofit
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Jensen Huang just told you to stop worrying about AI taking your job and start worrying about AI turning into your worst boss. Nvidia CEO Jensen Huang says AI agents won't replace workers—they'll micromanage them instead, acting more like "overbearing managers" than job destroyers
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Jeff Bezos is about to raise $10 billion for an AI lab you've never heard of, and Wall Street's biggest players are writing the checks. Project Prometheus, Bezos's stealth AI venture, is closing a $10 billion funding round at a $38 billion valuation with backing from BlackRock and JPMorgan
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The pick-and-shovel play is alive and well in the AI gold rush, and it just went public in Hong Kong for $2.6 billion. Victory Giant Technology, a Chinese supplier to Nvidia, raised $2.6 billion in Hong Kong's biggest IPO in seven months, marking a major bet on the AI infrastructure buildout
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Meta just poached three more engineers from Mira Murati's $12 billion startup, bringing the total raid to eight people in under a year. Meta hired two founding members and one senior researcher from Thinking Machines Lab, Mira Murati's AI startup that raised $2 billion last year
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Seventeen AI marketing startups just showed their cards, and they're all betting you'll pay millions to never hire another agency.
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Polymarket just went from crypto curiosity to Wall Street darling, and now it wants another $400 million to prove prediction markets can eat the financial world.
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A former Kleiner Perkins partner who helped close Google's Series A just said the VC playbook he helped write is broken.
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A British AI materials startup just became the latest proof that the pick-and-shovel economy for AI is bigger than the AI itself. CuspAI is raising $200M+ at a $1B+ valuation to use AI for materials discovery, backed by Temasek
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We optimized ourselves into machines, and now the machines are here to show us how it's done. Svetlana Makarova, AI product leader at IKS Health, calls it the "humanity discount": human traits like variability and emotion are becoming workplace liabilities as AI sets new consistency standards.
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