BusinessMeta may cap engineers' AI token spending as costs rise, says Adam MosseriAdam Mosseri, head of Instagram at Meta, suggested on Lenny’s Podcast that within a year or two the company might need to limit engineers’ AI token spending if it matches their salary or employment cost.2 min read
BusinessReflection AI Secures $1 Billion Compute Agreement with NebiusReflection AI, an $8 billion startup developing open-weight AI models, has signed a $1 billion compute deal with European AI infrastructure provider Nebius for access to Nvidia’s latest chips.2 min read
BusinessPixVerse raises $439M in Series C extension, valuation tops $2 billionSingapore-based video-generation startup PixVerse has closed a $439 million Series C extension, bringing its valuation above $2 billion.3 min read
BusinessNous Research nears new funding round at $1.5 billion valuationNous Research, developer of the open-source agent Hermes, is closing a new financing round led by Robot Ventures that values the company at $1.5 billion.3 min read
BusinessAnthropic opens Sydney office and names Theo Hourmouzis GM for Australia and New ZealandAnthropic has appointed Theo Hourmouzis as General Manager for Australia and New Zealand and officially opened a Sydney office as part of expanded regional investment.3 min read
BusinessApple sues OpenAI alleging coordinated recruitment and misuse of trade secretsApple filed a 41‑page trade secret and personnel‑misconduct complaint against OpenAI, alleging a coordinated effort to harvest confidential information from current and former Apple employees.4 min read
BusinessExperts Doubt Viability of Space-Based Data Centers Backing SpaceX ValuationA public spat between Sam Altman and Elon Musk has highlighted skepticism among experts about the business case for orbital data centers, a key rationale for SpaceX’s roughly $2 trillion valuation.3 min read
BusinessTencent leads consortium that repurchases Chinese AI startup Manus after Beijing reverses Meta saleBeijing has forced the reversal of Manus’s $2 billion sale to Meta in December 2025 and arranged a buyback led by Tencent, which will take the largest minority stake.2 min read
BusinessApple sues OpenAI and ex-employee over alleged theft of hardware trade secretsApple has filed a lawsuit against OpenAI, OpenAI hardware chief Tang Tan, and former Apple engineer Chang Liu, accusing them of misappropriating trade secrets related to OpenAI’s hardware efforts.2 min read
BusinessApple sues OpenAI and two former employees over alleged theft of trade secretsApple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of using confidential information to help develop OpenAI’s long-rumored hardware.2 min read
BusinessSamsung tells Health app users to allow AI training or lose synchronized dataSome Samsung Health users received an in-app notice asking them to permit Samsung to use their health data for artificial intelligence training and modeling.2 min read
BusinessApple sues OpenAI alleging theft of trade secrets tied to OpenAI hardware plansApple has filed a lawsuit accusing OpenAI of industrial espionage and of using stolen trade secrets to develop its own hardware.3 min read
