Wall Street Journal : Palmer Luckey's Erebor becomes the first newly created bank to receive a national charter under the second Trum...
Palmer Luckey's Erebor becomes the first newly created bank to receive a national charter under the second Trump administration, launching with $635M in capital — Erebor founder Palmer Luckey was one of the tech industry's early Trump supporters and is known for his penchant for Hawaiian shirts
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Spotify rolls out About the Song, swipeable stories in English, summarized from third-party sources to highlight song details, in beta for Premium users — Spotify is rolling out a new “About the Song” feature that lets users explore the stories behind the music they're listening to, the company announced on Friday.
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Sources: AI chip startup SambaNova is raising a $350M+ Series E led by Vista Equity Partners; Intel plans to invest $100M to $150M — Private equity firm Vista Equity Partners is leading a new funding round of over $350 million in artificial intelligence chip startup SambaNova Systems …
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Nvidia stock closes up 7.87% after Jensen Huang said the tech industry's surging capex for AI infrastructure is justified, appropriate, and sustainable — The tech industry's surging capital expenditures for AI infrastructure are justified, appropriate and sustainable, Nvidia CEO Jensen Huang said Friday on CNBC's “Halftime Report.”
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Sources: London-based 9fin, a data provider for debt markets, is in talks to raise as much as $150M at a pre-money valuation of $1B, about 20x its ARR of ~$50M — Debt intelligence provider 9fin Ltd. is in talks to raise fresh capital at a valuation of as much as $1 billion as it seeks …
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Galaxy Digital stock jumps 17%+ after the company approved a share buyback program of up to $200M over the next 12 months — The repurchase plan follows a volatile earnings week and signals confidence in the firm's balance sheet. — What to know:
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Croatian-founded Daytona, which aims to build infrastructure for large-scale agent workloads, raised a $24M Series A led by FirstMark — Daytona is building agent-native infrastructure to support large-scale, stateful agent workloads through fast, flexible computing environments designed for long-running execution.
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A civil subpoena shows the US DOJ is investigating Netflix for potential anticompetitive tactics as DOJ probes the company's proposed acquisition of WBD — As it probes bids for Warner, the department is asking if the streamer has engaged in conduct that could make it a monopoly
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Heroku says it is transitioning to a “sustaining engineering model”, as it focuses on “helping organizations build and deploy enterprise-grade AI” — Today, Heroku is transitioning to a sustaining engineering model focused on stability, security, reliability, and support.
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Sources: Apple plans to allow third-party voice-controlled AI chatbots in CarPlay within the coming months; it won't let users replace CarPlay's Siri button — Apple Inc. is preparing to allow voice-controlled artificial intelligence apps from other companies in CarPlay …
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