Anduril raises $5B, doubles valuation to $61B
After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says. Source: techcrunch.com Read Full Story
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Senate confirms Kevin Warsh as Federal Reserve governor, with chair vote expected
The US Senate voted largely along partisan lines to confirm Kevin Warsh as a member of the Fed’s Board of Governors, despite many Democrats’ concerns about the central bank’s independence. Source: cointelegraph.com Read Full Story
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Meta won’t let you block its AI account on Threads
Meta announced on Tuesday that it’s testing a Threads feature that lets users tag a Meta AI account to get answers to questions or context about a conversation on the platform. If you’ve spent any time looking at replies on X as of late, this new feature sounds a lot like Meta’s take on people…
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AI’s easy on-ramp has become a costly exit problem for enterprises, says Red Hat
As enterprises push AI beyond the pilot stage, the cost and complexity of running inference at scale are forcing a fundamental rethink of how infrastructure is designed, governed and sourced, putting horizontal cloud — one shared foundation for running workloads across the enterprise — at the center of AI strategy. The open hybrid cloud model…
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Circle adds $3 billion Wall Street Arc token risking an uncomfortable rivalry with Coinbase
Circle’s $222 million ARC token presale has given Wall Street a new way to value the USDC issuer, while raising a harder question for one of crypto’s most profitable alliances. On May 11, Circle said investors led by a16z Crypto backed the presale of ARC, the native token for Arc, its planned public blockchain for…
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JBS Dev: On imperfect data and the AI last mile – from model capability to cost sustainability
Joe Rose, president at strategic technology provider JBS Dev, wants to cut through one of the myths of working with generative and agentic AI systems. “It’s a common misconception that your data has to be perfect before you do any of these types of workloads,” he explains. As a recent article in AI Fieldbook outlines,…
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‘A big nothing burger’: A Q&A with Strategy’s Michael Saylor on selling bitcoin
Michael Saylor sat down with CoinDesk on selling bitcoin for dividends, retiring debt with STRC proceeds, and why critics who say Strategy buys the weekly top are missing the point. Source: www.coindesk.com Read Full Story
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JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount
The KKR fund, often referred to by its ticker, FSK, has become one of the most visible fault lines in the private credit story. Source: www.cnbc.com Read Full Story
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Digg tries again, this time as an AI news aggregator
In an email to beta testers, the company said the site’s goal is to “track the most influential voices in a space” and to surface the news that’s actually worth “paying attention to.” Source: techcrunch.com Read Full Story
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Bitcoin Eyes $83,400 But Trump’s Iran Warning and CPI Week Spark Trader Caution
Bitcoin (BTC) climbed above $81,000 over the weekend, drawing trader caution as inflation data and political tension collide this week. The next technical target sits at $83,400 based on Fibonacci projections, with a rising RSI suggesting momentum continues to build. Investors now face Tuesday’s Consumer Price Index (CPI) print, Wednesday’s Producer Price Index (PPI), and…
