Memorandum
Daily insights for leaders in tech.
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OpenAI warns of an AI bubble, Via raises $492.9M as German automakers fight back, China faces worsening slowdown, and Australia’s data centre raises water concerns.
Nintendo revives Virtual Boy on Switch, Keith Rabois calls for an 85% workforce cut, and Nepal appoints first female prime minister.
Claude gains memory features, California advances AI companion bill, and Belarus pardons prisoners after Trump’s intervention.
Amazon develops AR glasses for drivers, Novo Nordisk slashes 9,000 jobs and the White House denies Trump’s message to Epstein.
U.S. job data revised down by 1.2 million, Macron appoints France’s new prime minister, and Microsoft mandates three in-office days a week.
Y Combinator helps raise $38M for AI agents, Nepal’s Gen Z protests erupt over social media ban, and the UK mulls visa suspensions.
Microsoft cloud hit by Red Sea cable cuts, Russia unleashes largest air attack on Ukraine, and Koah raises $5M for AI ads.
OpenAI reorganizes ChatGPT team, Tesla board proposes $1 trillion Musk pay package, and Europe pushes binding postwar security pact for Ukraine.
Anthropic halts AI sales to Chinese firms, Atlassian acquires The Browser Company for $610M, and Warner Bros. sues Midjourney.
Apple develops an AI-powered search tool for Siri, Mistral approaches a $14B valuation, and a federal jury slams Google with a $425M fine.
OpenAI acquires Statsig, Anthropic raises $13B at a $183B valuation, and Apple loses its lead AI robotics researcher to Meta.
LayerX raises $100M for enterprise automation, WhatsApp fixes a spyware flaw, and Afghanistan faces 6.0-magnitude earthquake.
