Z.AI Shares Slide 7% After $5 Billion Fundraising 
Can Europe shake its Russia links for good? 
OpenAI Rules Out 2026 IPO as Altman Prioritizes AI Safety 
Nvidia-Groq AI Chip Deal Faces U.S. Antitrust Probe 
China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy 
Ares Names James Garforth Principal for Asia Direct Lending 
SoftBank Shares Jump 8% as SB Energy IPO Optimism Builds 
Optus Apologises After Network Outage Disrupts Emergency Calls 
Bill Gates Warns Governments Are Unprepared for AI Disruption 
Enflame Shares Surge 200% in Shanghai AI Chip Debut 
Samsung Heavy Wins $1.22 Billion LNG Carrier and Tanker Deal 
Hyundai Delays In-House ADAS, Turns to Nvidia 
SpaceX Nasdaq 100 Weight Set to More Than Double 
Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing 
Nvidia Plans 2GW Australia AI Data Center Expansion by 2027 
SoftBank Shares Plunge 11% After OpenAI Rules Out 2026 IPO 
Volkswagen Job Cuts Put Lower Saxony Leader Under Political Pressure 
Add as a preferred source on Google
Does Marissa Meyer know?
Multiple reports have said that Jacqueline Reses, the chief development officer of Yahoo, has been hired by Jack Dorsey’s Square Inc to head it s business financing division, Square Capital. Forbes said the hiring was done as Square closes in on its highly-anticipated initial public offering.
There has been much speculation on why Square decided to go public despite losing a lot of money. Business Insider quoted an expert on startup data, who posits that the mobile payment and merchant services aggregator may be having difficulty raising money in private markets, and is trying their luck with the public.
Re/code said Reses was one of Meyer’s closest advisers until recently. It has been suggested that Reses’ move to Square would be a harsh blow to Yahoo. Bloomberg said several top executives of Yahoo has since moved on to other companies following the search engine’s attempt to gain market share against Google and Facebook.
