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TECH NEWS

Kazakhstan signs accords with Firebird on Nvidia-related computing projects that could bring up to $10B in investment, as it seeks to build a Data Center Valley

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Sources: Chinese social media app Xiaohongshu targets a Hong Kong IPO as early as year-end at a $70B+ valuation, up from $50B in recent private secondary trades

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Sources: Jeff Bezos is investing in Cambridge, UK-Based CuspAI, which applies generative AI to material sciences, as part of a $400M round at a $2.6B valuation

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WordPress survey: 60% of US consumers say “AI” in a brand's messaging is a turnoff, 86% always or sometimes check the original source after seeing an AI summary

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A look at Wyoming's Frontier Stable Token, which launched in January and currently has a market value of ~$1M, as other states explore “white labeling” the tech

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TECH NEWS

Databricks says annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says higher AI agent usage is increasing costs, lowering margins

Sponsor Posts Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access! Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale
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