Cristina Criddle / Financial Times: Perplexity says it has no plans to pursue further advertising, which it introduced in 2024,…
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- SoftBank says it has secured a $40 billion bridge loan maturing in 2027 from JPMorgan Chase, Goldman Sachs and other banks, to fund new investments in OpenAI (Akash Sriram/Reuters)
- Sources: Moonshot AI may abandon its Cayman structure to allow a Chinese or Hong Kong entity to prepare for an IPO in Hong Kong and plans to raise funds at a valuation of around $18 billion (Wall Street Journal)
- Meta Oversight Board Says Community Ratings Are Not a Proper Substitute for Fact-Checking and Warns Expanding Beyond the U.S. Could Pose Human Rights Risks (Andrew Deck/Nieman Lab)
- New York-based Blossom Health, which makes a "AI co-pilot" to augment psychiatrists’ clinical decisions and automate office tasks, raised $20 million in seed and Series A (Lily Mae Lazarus/Fortune)
- Target faces AFT boycott following ICE response in Minneapolis
- Infiniti hopes its new SUV can turn around U.S. fortunes
- In Interview, David Sacks Says He Gave Up Role as AI and Crypto Czar After Exhausting His Time As Special Government Employee (Bloomberg)
- North Korean hackers offer $70,000 per month to act as front – Radio Free Asia