Will Knight / Wired:
Stanford’s 2025 AI index: China files more AI patents than the US, but US companies produced 40 frontier models, compared to 15 from China and three from Europe — New research from Stanford suggests artificial intelligence isn’t ruled by just OpenAI and Google, as competition increases across the US, China, and France.
Katie Roof / Bloomberg:
SignalFire raised a $1B+ fund to bet on early-stage AI startups, taking its AUM to $3B, and plans to use AI to spot market trends to help portfolio companies — With the new funds SignalFire will focus on AI — and use it too. — Venture capital firm SignalFire has raised over a $1 billion …
Mauro Orru / Wall Street Journal:
Global chip stocks drop as the US tariff rout intensifies, extending losses from last week; Nvidia, Intel, ASML, SK Hynix, Infineon, and STMicro all fall — The rout underscores investor concerns that tariffs could lead to higher prices for chips and subdue demand
Mathieu Pollet / Politico:
Huawei says it “terminated the employment of two individuals” from April 1 and suspended a third from April 2 in response to the EU corruption scandal — Chinese tech giant is at the center of Belgian investigation into wrongdoing. — BRUSSELS — Huawei has fired two employees …
Philip Stafford / Financial Times:
Tether CEO Paolo Ardoino says the company is involved in discussions about US rules on stablecoins, and may offer a US-only coin depending on new US regulations — World’s most traded cryptocurrency does not currently accept customers in the US — Tether, the world’s most traded cryptocurrency …
Sam Tobin / Reuters:
Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create a “back door” to its encrypted cloud storage systems — Apple (AAPL.O) is appealing against a British government order to create a “back door” to its encrypted cloud storage systems …
Rachel Metz / Bloomberg:
Source: AI coding startup Cursor, which has helped permeate “vibe coding”, hit 1M+ DAUs in March 2025, driven largely by word-of-mouth growth — Word-of-mouth growth has helped turn a 60-person startup into one of the early hits of the generative AI era.
Vlad Savov / Bloomberg:
Nintendo and Sony fell by 10%+ on April 7 amid a widespread selloff in Japan exacerbated by US tariffs; most Switch hardware is assembled in China and Vietnam — Nintendo, fresh off the announcement of its pivotal next-generation Switch 2 console, is particularly vulnerable as North America accounted …
David Yaffe-Bellany / New York Times:
Bitcoin is down 10% to around $76,000 after President Trump’s global tariffs, far below its record $110,000 high at Trump’s January 20 inauguration — The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.
Reuters:
TSMC and Foxconn fell by the Taiex exchange’s daily 10% limit on April 7 as US tariffs roil global supply chains; Taiwan’s 32% tariff is among Asia’s highest — Taiwan stocks plummeted almost 10% on Monday, the biggest one-day percentage fall on record, in the first trading since U.S. tariffs …
