Author: Paul
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Analysis: tech companies have pledged at least $1.4T in US spending since Trump was elected, although many of the plans aren’t new and not all will be fulfilled (Bloomberg)
Bloomberg: Analysis: tech companies have pledged at least $1.4T in US spending since Trump was elected, although many of the plans aren’t new and not all will be fulfilled — Business leaders have pledged at least $1.6 trillion in US spending since Trump was elected to a second term as president.
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Crunchbase: global VC funding reached $113B in Q1 2025, up 54% YoY, buoyed by OpenAI’s $40B deal; PitchBook says 77% of US deal value in Q1 2025 went to AI (Duncan Riley/SiliconANGLE)
Duncan Riley / SiliconANGLE: Crunchbase: global VC funding reached $113B in Q1 2025, up 54% YoY, buoyed by OpenAI’s $40B deal; PitchBook says 77% of US deal value in Q1 2025 went to AI — New reports out today from Crunchbase Inc. and PitchBook-NVCA Venture Monitor reveal that global venture capital rebounded sharply …
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New Jersey Governor Phil Murphy signs a law criminalizing the “deceptive and dangerous” creation and sharing of deepfakes, including fake AI nudes of minors (Ashley Belanger/Ars Technica)
Ashley Belanger / Ars Technica: New Jersey Governor Phil Murphy signs a law criminalizing the “deceptive and dangerous” creation and sharing of deepfakes, including fake AI nudes of minors — When Francesca Mani was 14 years old, boys at her New Jersey high school used nudify apps to target her and other girls.
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Utah-based SchoolAI, an AI-powered teaching and learning platform used in 1M+ classrooms across 80+ countries, raised a $25M Series A led by Insight Partners (FinSMEs)
FinSMEs: Utah-based SchoolAI, an AI-powered teaching and learning platform used in 1M+ classrooms across 80+ countries, raised a $25M Series A led by Insight Partners — SchoolAI, a Lehi, UT-based provider of an AI platform for teaching and learning, raised $25M in Series A funding.
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A US federal judge decides Elon Musk’s lawsuit against OpenAI will go to a jury trial in spring 2026; Musk and OpenAI agreed to fast-track the trial last month (Anna Tong/Reuters)
Anna Tong / Reuters: A US federal judge decides Elon Musk’s lawsuit against OpenAI will go to a jury trial in spring 2026; Musk and OpenAI agreed to fast-track the trial last month — – Billionaire Elon Musk’s lawsuit against OpenAI will go to a jury trial in spring 2026, the federal judge presiding over…
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Google announces Sec-Gemini v1, an experimental AI model for cybersecurity, claiming it outperforms others on the leading CTI-MCQ threat intelligence benchmark (Google Online Security Blog)
Google Online Security Blog: Google announces Sec-Gemini v1, an experimental AI model for cybersecurity, claiming it outperforms others on the leading CTI-MCQ threat intelligence benchmark — Today, we’re announcing Sec-Gemini v1, a new experimental AI model focused on advancing cybersecurity AI frontiers.
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SensorTower: users in India have spent $8M on ChatGPT subscriptions through IAP since 2023, not including web app purchases, versus ~$330M spent by US users (TechCrunch)
TechCrunch: SensorTower: users in India have spent $8M on ChatGPT subscriptions through IAP since 2023, not including web app purchases, versus ~$330M spent by US users — For years, U.S.-based tech companies have tapped into India’s vast and increasing internet user base for growth. OpenAI is no exception.
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Sources: enterprise AI search startup Glean is in talks to raise hundreds of millions, including money to buy employee shares, at an estimated ~$7B valuation (Sri Muppidi/The Information)
Sri Muppidi / The Information: Sources: enterprise AI search startup Glean is in talks to raise hundreds of millions, including money to buy employee shares, at an estimated ~$7B valuation — Glean, a developer of search chatbots for businesses, is in talks with investors to potentially raise hundreds of millions of dollars …
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Ring founder Jamie Siminoff rejoins Amazon as a VP of product overseeing Ring and related businesses, replacing Elizabeth Hamren, who succeeded him in 2023 (Taylor Soper/GeekWire)
Taylor Soper / GeekWire: Ring founder Jamie Siminoff rejoins Amazon as a VP of product overseeing Ring and related businesses, replacing Elizabeth Hamren, who succeeded him in 2023 — Jamie Siminoff has returned to Amazon as a vice president of product overseeing the company’s home security camera arm and related businesses.
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Turbine, which allows LPs to borrow funds secured by their position in venture funds, emerges from stealth with a $13M Series A and an $8.75M seed (Marina Temkin/TechCrunch)
Marina Temkin / TechCrunch: Turbine, which allows LPs to borrow funds secured by their position in venture funds, emerges from stealth with a $13M Series A and an $8.75M seed — Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth…