Databricks plans to acquire Tecton, which helps companies build and deploy ML applications, for an undisclosed sum; Tecton was valued at $900M in 2022 (@readkrystalhu / Reuters) https://t.co/CMCE61JEPb https://t.co/OtdCdFZ5nE

TikTok's parent ByteDance, has quietly surpassed Meta in quarterly revenue in Q1, sources told me & @GeniusWu. Meanwhile, one is only worth one-fifth in valuation of the other. Read more from my weekly newsletter, Reuters Artificial Intelligencer https://t.co/Eb1b6j7PeD

Friday scooplet w/ @DawnC331: Blackstone pulls out from a consortium led by SIG and General Atlantic seeking to invest in TikTok’s U.S. operations. The potential deal has been delayed a few times, and the latest deadline is in September.

What we've learned on Google/Windsurf deal: -Google paid $2.4b in "licensing fee" to use Windsurf tech non-exclusively, got CEO & researchers, no control/stake -Windsurf investors got liquidity, at least 2x, while retaining stake in the co with 250 ppl https://t.co/habHeP7d2w

Scoop: what I've learned about TikTok's new US app from people working on it: d http://bit.ly/44BQVDR will run its algorithm, which will be trained on U.S. user data going forward. You can expect more U.S.-centric content on for you page in the future. https://t.co/cNSvwZfICe

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Of all the AI stories @kenrickcai and I did over the years, this is the one that got read by Jensen? 😆

Grammarly acquires email startup Superhuman as part of a push to build an AI-powered productivity suite; Superhuman was last valued at $825M in 2021 (@readkrystalhu / Reuters) https://t.co/ELeu5fn63q https://t.co/0lybkXamBr https://t.co/ZOzeer2dpR

Scoop w/@MilanaVinn : Surge AI, the lesser-known rival of Scale, is in talks to raise $1 billion at a valuation of >$15b Craziest part is this would be the FIRST EVER fundraising by Surge, profitable & bootstrapped by CEO Edwin Chen, with no VC $$$ story: https://t.co/WZ43XaUkiJ

JUST IN: More on the Google/OpenAI cloud deal we broke earlier--part of the compute Google sells to OpenAI will be from Coreweave, which earlier signed up Google as a customer; Interesting alliance as Microsoft was $CRWV's largest customer 6 months ago https://t.co/CG1f4RC3PB

Scoop: OpenAI plans to partner with Google to add more compute, sources told @kenrickcai & me, marking an unprecedented collaboration bw two major competitors in AI. "no permanent enemies, only permanent interest" plays out in AI world every day $GOOGl https://t.co/4RdAZTS3UO

@annatonger Looks like back-to-back funding rounds are still on for the hottest AI names. And we know @ArfurRock would confirm this one!

Funding scoop: legal tech startup Harvey is in talks to raise a new round at $5 bln valuation, sources told me & @annatonger, up from $3bln a few months earlier, with strong revenue growth. KP & Coatue are expected to co-lead. More details on their ARRs: https://t.co/Xm5RqzqEya

scoop: a16z is seeking to raise a $20 billion fund for growth AI investments, the largest in the fund's history, sources told me & @annatonger @kenrickcai Non-US LPs see this as an opportunity to back US AI. New test for VC scale game after SoftBank VF. https://t.co/nv1QTourDB

Exclusive: Blackstone evaluates taking a stake in US TikTok spinoff, sources say https://t.co/IoP84CEX8b

When public investors go early: I learned Coatue backed Corewave's Series C with strong downside protection. If 20-day VWAP of $CRWV is below *$68* after 2 years, they can ask Coreweave to pay back the $1.2 bln investment. Corewave closed its first trading day at IPO price $40

scoop: Cruise co-founder Kyle Vogt's robotics startup, launched last May, is now valued at $2 billion in a round led by Greenoaks. Without released products, the Bot Company's building hardware & software for non-humanoid at-home robots, sources told us https://t.co/DY8odXLyGw

Trump admin's impact on tech M&A is already playing out. Sources told us after the inauguration, Google felt confident a mega deal to buy Wiz would get approval within a year and sped up the talks. The chance of closing is 90% vs last year's 60%. https://t.co/CwmaiIrQnB

Fastest valuation rise in startup history? Ilya Sutskever's SSI, founded last June, is in talks to raise new funding at >$20 bln, with no revenue, sources told me @kenrickcai @annatonger So curious to see what new mountain Ilya has identified this time https://t.co/OPpH5DS66p

Over 700,000 new U.S. users, self-IDed as "TikTok Refugees", flocked into another Chinese app Xiaohongshu (Rednote) in the past two days, sources told us. The app is working on new features to retain the users while keep up w/ moderating English content https://t.co/gpYGzqlmEl