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States Asked an Appeals Court to Reverse the FTC-Meta Antitrust Loss
Policy & Regulation

States Asked an Appeals Court to Reverse the FTC-Meta Antitrust Loss

A coalition of states and DC has asked a US appeals court to reverse the lower-court ruling that effectively ended the FTC's monopoly case against Meta.

Nadia Rao
Anthropic Raised $65B at a $965B Valuation. The Chipmakers Are Now Investors.
Startups & Funding

Anthropic Raised $65B at a $965B Valuation. The Chipmakers Are Now Investors.

Anthropic closed a $65 billion Series H at a $965 billion post-money valuation, with Micron, Samsung, and SK hynix among the strategic backers.

Jordan Beck
Daily Roundup, May 29: The AI Money Kept Circling
Markets & Money

Daily Roundup, May 29: The AI Money Kept Circling

Anthropic's record raise, Snowflake's best day ever, and a trillion-dollar Micron. The thread is capital, and a lot of it is moving in a circle.

Sam Whitaker
Snowflake Jumped 36% on a $6B AWS Deal and an Accelerating Top Line
Big Tech

Snowflake Jumped 36% on a $6B AWS Deal and an Accelerating Top Line

Snowflake posted $1.39B in Q1 revenue (up 33%), raised guidance, and signed a five-year $6 billion AWS contract. The stock had its best day ever.

Sam Whitaker
Micron Hit a $1 Trillion Market Cap. Memory Is the AI Bottleneck Now.
Hardware & Devices

Micron Hit a $1 Trillion Market Cap. Memory Is the AI Bottleneck Now.

Micron shares jumped about 18% to push its market cap to $1 trillion, as HBM demand for AI accelerators reprices the memory business.

Maya Iverson
CISA Set Today as the Deadline to Patch an Exchange Bug Under Active Attack
Cybersecurity

CISA Set Today as the Deadline to Patch an Exchange Bug Under Active Attack

CVE-2026-42897, a spoofing flaw in on-prem Exchange Server, is under active exploitation. CISA's federal patch deadline is May 29.

Nadia Rao
Mistral Is Building a French Data Center and Defending AI in Defense
AI & ML

Mistral Is Building a French Data Center and Defending AI in Defense

Mistral CEO Arthur Mensch backed AI for defense and announced a 10MW data center in Les Ulis, France, framing both as European sovereignty plays.

Maya Iverson
Circular Reasoning: The AI Boom Is Starting to Fund Itself
Markets & Money

Circular Reasoning: The AI Boom Is Starting to Fund Itself

Memory makers are now equity investors in the AI lab that buys their chips. Hank Reed on why circular financing is the oldest tell in the bubble playbook.

Hank Reed
CLARITY Act, Explained: The Crypto Market Structure Bill Everyone Keeps Voting On
Policy & Regulation

CLARITY Act, Explained: The Crypto Market Structure Bill Everyone Keeps Voting On

The Digital Asset Market Clarity Act would split crypto oversight between the SEC and CFTC and define when a token is a security. Here is what it actually does.

Nadia Rao
Blackwell, Explained: Nvidia's Current-Generation AI GPU Architecture
Hardware & Devices

Blackwell, Explained: Nvidia's Current-Generation AI GPU Architecture

Blackwell is the GPU architecture behind Nvidia's B200, GB200, and Blackwell 300 chips that now drive most of its data-center revenue. Here is what is in it and why it matters.

Maya Iverson
Frontier Model, Explained: What the Term Actually Means and Why Regulators Use It
AI & ML

Frontier Model, Explained: What the Term Actually Means and Why Regulators Use It

"Frontier model" is the term governments and labs use for the largest, most capable AI models. Here is the working definition and why the line keeps moving.

Maya Iverson
Hyperscaler, Explained: Who Counts, What They Spend, and Why They Move the AI Market
Big Tech

Hyperscaler, Explained: Who Counts, What They Spend, and Why They Move the AI Market

A hyperscaler is one of the handful of cloud providers operating at a scale that reshapes markets just by their purchasing decisions. Here is who they are and why their capex matters.

Sam Whitaker