How the AI boom is transforming global M&A, now dominated by the AI-driven race to control the world's energy, fiber networks, and computing capacity (Financial Times)
Tether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking its stake to ~71%; SoftBank's stake was worth ~$679M (Emily Nicolle/Bloomberg)
Moment, which develops AI tools for automating fixed-income and equities trading tech, raised a $78M Series C led by Index Ventures, with a16z participating (Paige Smith/Bloomberg)
Q&A with Sundar Pichai on the future of Google Search, Google's place in the AI race, public skepticism toward AI, AI agents, AI safety, TPUs, and more (New York Times)
Samsung's bonus deal is fueling employee resentment over a 100x payout gap between memory division staff and those making smartphones, TVs, and home appliances (Yoolim Lee/Bloomberg)
Sources and data: billions in crypto went through Binance to Iranian regime-linked networks in the two years before the US-Iran war; Binance denies wrongdoing (Wall Street Journal)
AMD CEO Lisa Su projects the CPU market will grow over 35% annually through 2031, up from 3% to 4% historically, driven by AI inference and agentic AI demand (Cheng Ting-Fang/Nikkei Asia)