OpenAI invests in Sam Altman's brain computer interface startup Merge Labs: Merge Labs is a "research lab" dedicated to "bridging biological and artificial intelligence to maximize human ability." OpenAI wrote the largest check in Merge Labs' $250 million seed round at an $850 million valuation. Read More
The US imposes 25% tariff on Nvidia's H200 AI chips headed to China: The Trump administration formalized its 25% cut of H200 chip sales in China with a tariff that applies to certain semiconductors. Read More
AI video startup, Higgsfield, founded by ex-Snap exec, lands $1.3B valuation: Higgsfield says it's on a $200 million annual revenue run rate. So it opened its previous Series A round back up and sold another $80 million in shares. Read More
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Taiwan to invest $250B in US semiconductor manufacturing: The U.S. struck a trade deal with Taiwan as the country looks to help boost domestic semiconductor manufacturing. Read More
Microsoft taps India's Varaha for durable carbon removal offtake: Microsoft is buying over 100,000 tons of carbon dioxide removal credits from India's Varaha over the next three years. Read More
Indian SpaceX rival EtherealX hits 5x valuation as it readies engine tests: EtherealX is ramping engine tests and building a 150-acre rocket campus in India as it targets a 2027 launch mission. Read More
Parloa triples its valuation in 8 months to $3B with $350M raise: The massive round was led by existing investor General Catalyst, with participation from other returning backers. Read More
How one startup is using prebiotics to try and ease the copper shortage: Transition Metal Solutions is applying a special cocktail to coax microbes into unlocking more copper from ore. Read More
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Spotify raises its subscription prices in the US again: Spotify raised prices for its subscription plan in the U.S. for the third time in three years, as it hiked the monthly plan from $11.99 per month to $12.99 per month. Read More
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