Techmeme

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OpenAI launches personal finance tools for US ChatGPT Pro users, letting them connect to 12K+ financial institutions to analyze spending, plan finances, more (@indianidle / TechCrunch) (Visit Techmeme dot com for the link and full context!)

A profile of AI video generation startup Runway, which is training models directly on observational data, is now valued at $5.3B, and added $40M in ARR in Q2 (@rebeccabellan / TechCrunch) (Visit Techmeme dot com for the link and full context!)

Gridcare, which uses AI to detect underused capacity in electric grids, raised a $64M Series A, following a $13.5M seed in 2025 (@biancagiac / Latitude Media) (Visit Techmeme dot com for the link and full context!)

A look at Matthew McConaughey's novel legal strategy to fight unauthorized AI use of his image, which involves trademarking video and audio clips of him (@xpangler / Variety) (Visit Techmeme dot com for the link and full context!)

Ofcom says X has committed to implementing stronger protections for UK users, including reviewing illegal hate content within 24 hours, following a probe (@danielthomasldn / Financial Times) (Visit Techmeme dot com for the link and full context!)

Nvidia's future in China remains unclear after the Trump-Xi Summit; Trump says China "chose not to" buy Nvidia chips as "they want to try to develop their own" (@megatobin1 / New York Times) (Visit Techmeme dot com for the link and full context!)

Google confirms it's testing a new storage policy after some users reported that new Gmail accounts get only 5GB of free storage unless they add a phone number (Akshay Gangwar / Android Authority) (Visit Techmeme dot com for the link and full context!)

Indian ride-hailing app Rapido raised $240M led by Prosus as part of a broader primary and secondary financing transaction, valuing Rapido at $3B post-money (@pramugdha / DealStreetAsia) (Visit Techmeme dot com for the link and full context!)

The UK's HMRC tax authority announces a 10-year, £175M deal with London-based Quantexa to use its AI tech to identify fraud incidents and fix tax return errors (@zsk / BBC) (Visit Techmeme dot com for the link and full context!)

xAI launches Grok Build, an agentic CLI for coding, building apps, and automating workflows, in beta for SuperGrok Heavy subscribers (@arroyonieto / Bloomberg) (Visit Techmeme dot com for the link and full context!)

Meta rolls out new features for Ray-Ban Display glasses, including neural handwriting support for all users, and opens up the device to third-party developers (@jaypeters / The Verge) (Visit Techmeme dot com for the link and full context!)

Akamai acquires Israeli cybersecurity startup LayerX Security, which develops a browser-based platform to secure employee use of AI tools, for ~$205M in cash (@meirorbach / CTech) (Visit Techmeme dot com for the link and full context!)

Sources: HSG, formerly Sequoia China, has set up a $3B continuation fund anchored by its ByteDance stake, offering entry into the company valued at $370B (Bloomberg) (Visit Techmeme dot com for the link and full context!)

Bill Ackman says his fund has taken a new stake in Microsoft after the company's recent share price decline; Ackman says investors have underestimated Microsoft (@athomson6 / Bloomberg) (Visit Techmeme dot com for the link and full context!)

Kioxia reports record Q4 earnings of ~$3.8B, forecasts Q1 operating profit of ~$8.2B, and says it is planning a US listing; Kioxia shares are up 300% YTD (Bloomberg) (Visit Techmeme dot com for the link and full context!)

A profile of Amazon CEO Andy Jassy, who is killing projects, cutting staff, and pleasing Wall Street, while steering the company toward an AI-focused era (Bloomberg) (Visit Techmeme dot com for the link and full context!)

London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January (@kieran_jsmith / Financial Times) (Visit Techmeme dot com for the link and full context!)

UK-based Iceotope, which develops data center liquid cooling tech, raised a $26M Series B co-led by Two Seas Capital and Barclays Climate Ventures (@mike_wheatley / SiliconANGLE) (Visit Techmeme dot com for the link and full context!)

Alphabet sold $3.6B of bonds in its debut yen-denominated bond sale, the largest by a non-Japanese company, as AI-driven capital spending accelerates (@atsufuka / Bloomberg) (Visit Techmeme dot com for the link and full context!)

In a policy paper, Anthropic urges the US and allies to enforce export controls, curb distillation attacks, and export US AI to hold the lead over China by 2028 (Anthropic) (Visit Techmeme dot com for the link and full context!)