Happy Friday.
Hungary 🇭🇺 GDP → $212B
Slovakia 🇸🇰 GDP → $132B
OpenAI funding round → $110B
🤑
Enjoy today’s news.
OpenAI announces $110B funding round at $730B valuation, the largest private funding round in history, with backing from SoftBank, NVIDIA, and Amazon.
🕑 3 m
Netflix walks away from bid for Warner Bros. Discovery after Paramount raises its offer.
🕑 2 m
Perplexity partners with Samsung to embed its AI in the upcoming Galaxy S26.
🕑 1 m
Anthropic rejects Pentagon’s latest AI contract terms, refusing to lift safeguards on its Claude model.
🕑 2 m
Figma partners with OpenAI to integrate support for Codex, letting users move between design and code without switching tools.
🕑 1 m
Job cuts: eBay lays off 800 employees, about 6% of staff, while Block Inc., parent of Square, cuts headcount from over 10,000 to under 6,000, betting on AI to operate with smaller, more efficient teams.
🕑 2 m
Uber launches its first European drone delivery service in Ireland, with plans to expand to more cities.
🕑 1 m
Instagram rolls out new alerts to let parents know if their teen may need support after searching for suicide or self-harm content, launching next week in the US, UK, Australia, and Canada before expanding globally later this year.
🕑 2 m
New Access episode: Alex Heath and Ellis Hamburger interview Reddit CEO Steve Huffman about AI slop, agents, building a better platform for creators, and his concerns about prediction markets.
🕑 1:09
As promised, tech and startups in under a minute.
See you on Monday.
P.S. Simple. Useful. Shirt saved 👌
