Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B led by Meituan and Tencent (Kate Park/TechCrunch)
A draft report from the US Treasury Department is set to warn about the risks of the AI market, likening some key aspects to the dotcom crash in the early 2000s (Eric Katz/NOTUS)
Claude Opus 4.8 and Sonnet 5 seem worse at tool calls than older models, likely due to post-training that assumes Claude Code-like harnesses as targets (Armin Ronacher/Armin Ronacher's Thoughts and Writings)
Chainalysis: addresses linked to Iran, Russia, North Korea, and other US-sanctioned entities received $100B+ in crypto last year, almost 8x the amount in 2024 (Patricia Kowsmann/Wall Street Journal)
Analysis: ~1M $TRUMP retail buyers lost a combined $3.81B, while ~500K mostly-early wallets captured $4B in gains, a textbook memecoin wealth transfer (New York Times)
Bending Spoons' Nasdaq IPO caps its 50+ deals across 10+ years that transformed the Italian startup into a highly leveraged internet company with ~$4.4B in debt (Financial Times)
Q&A with Doug Brooks, senior product manager of Apple silicon, about Mac minis becoming preferred AI agent machines, future of on-device AI, and more (Jason Hiner/The Deep View)