NEW: As Google unveils Gemini 4, sources tell us there's a gap b/w how it scores on benchmarks and how it performs on real-world tasks, including certain coding work. Internally, opinions are mixed on whether it has caught up to OpenAI & Anthropic.
Scoop w/@byJuliaLove@EdLudlow
Scoop from @RebeccaTorrenc5, @EdLudlow & @shiringhaffary: OpenAI's new fundraising round is expected to bring in at least $30 billion in new capital at a $1.4 trillion valuation.
It's basically a bridge round, set to help the co with capital needs instead of a near-term IPO
New w/ @rachelmetz: For the past few days, the normie world has been getting a glimpse of the long-running "we're all gonna die" story in AI. But what is it, exactly, that we're talking about when we talk about doom? Or rather, what are we NOT talking about? (Accountability.)
Meet Zuckerberg's right-hand Dina Powell McCormick.
She's president of Meta Compute and a dealmaker and fixer helping the company tackle its thorniest problems -- "the last person who’s consulted on really important decisions." @business@rileyraygriffin:
https://t.co/Hb3XhxzuUT
Spoke to a dozen founders over the past few days to get a pulse check on how the Anthropic safety push is landing
My latest w/ help from @rachelmetz & @sarahfrier
https://t.co/luICJMg8GE
SCOOP: Sequoia Capital has raised $10 billion under its new leaders—the firm's first fundraising haul since the shakeup.
We dove deep into @Alfred_Lin and @gradypb's revamped strategy, which includes around-the-clock dealmaking and bold AI bets like $2.5 billion on Anthropic👇
Wow. Great Investigation from @oliviasolon@jeffykao and Priyanjana Bengani on how Phia, a startup founded by Bill Gates’ daughter Phoebe, takes $$ from other outlets (e.g. Wirecutter) by surreptitiously injecting its affiliate code into transactions it didn’t actually generate.
Personal News: I'm back from maternity leave!
Six months away has reminded me how lucky I am be a reporter. I'm diving back into covering Google, platform accountability & algorithmic bias for @technology, and excited to see what the rest of 2026 brings.
Andy Jassy's leaner, AI-infused, ludicrously diversified Amazon turns five this summer.
Discuss: https://t.co/QU7BVMKjCq
For Bloomberg Businessweek's AI issue w/@BradStone
Scoop w/ @EdLudlow on the latest in the Anthropic fundraising race. There are early talks to raise more than $30 billion at a $900 billion pre-money valuation.
The startup still hasn't signed a term sheet or named a lead, sources tell us, but existing investors have discussed allocations
https://t.co/sVk5PHMMgD