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Sources: Meta drew about $96B of orders from investors for a $25B bond sale it launched on Thursday; Meta sold $30B of corporate bonds in October 2025 (Bloomberg)

Sources: KKR has secured $10B+ to launch Helix Digital Infrastructure, a company led by ex-AWS CEO Adam Selipsky that will develop and operate AI infrastructure (Bloomberg)

Standard Intelligence, which is developing computer use AI models, raised $75M led by Sequoia and Spark at a $500M post-money valuation (Rocket Drew/The Information)

Google says the Gemini app can now generate files; supported formats include PDF, Microsoft Word and Excel, Google Docs and Sheets, plain text, and Markdown (Abner Li/9to5Google)

Sources: PayPal is separating Venmo into its own standalone unit and is looking to recruit a digital banking executive to run the new Venmo segment (Hugh Son/CNBC)

SpaceX's draft IPO filing: from 2023 to 2025, Starlink's individual subscribers rose from 2.3M to 8.9M, revenue grew from $3.9B to $11.4B, and ARPU fell 18% (The Information)

Sources: Apple plans an AI overhaul for photo editing in iOS 27, including using on-device AI models to extend, enhance, and reframe photos (Mark Gurman/Bloomberg)

The rise of glasses-free 3D light-field displays: Samsung has created a 2D/3D switchable screen using a 'metasurface lenticular lens' with 'nanoscale structures' for no-compromise viewing — and it follows impressive demos from TCL and others

South Africa withdraws its first draft national AI policy after revelations that it contained fictitious sources that appeared to have been AI-generated (Nellie Peyton/Reuters)

Q&A with Sam Altman and AWS CEO Matt Garman about OpenAI's new partnership with AWS, Bedrock Managed Agents, Trainium chips, and more (Ben Thompson/Stratechery)

Elon Musk boosts an X post by Ronan Farrow promoting his New Yorker article on Sam Altman's alleged deceptions, as Musk's lawsuit against OpenAI heads to trial (Wired)

Jury selection begins in Musk v. Altman trial at a federal courthouse in California, with Sam Altman and Greg Brockman in attendance (Ashley Capoot/CNBC)