TechCoreVoice

Uber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it "has no intent to acquire 30% or more" of Delivery Hero's voting rights (Natalie Lung/Bloomberg)

Seagate shares drop 9%+, leading a group-wide sell-off after comments from its CEO raised concerns it won't be able to meet demand fueled by the AI buildout (CJ Haddad/CNBC)

Sigma, which sells a cloud-native analytics platform that sits on top of data warehouses, raised an $80M Series E led by Princeville Capital at a $3B valuation (Cristian Dina/The Next Web)

Musk v. Altman: the jury unanimously rejects Elon Musk's claims against Sam Altman, finding that the claims were filed outside of the statute of limitations (CNBC)

Source: Shein is acquiring DTC clothing retailer Everlane, which focuses on sustainability and "radical transparency", in a $100M deal (Lauren Sherman/Puck)

Analysis: 34 leading AI startups are generating ~$80B in annualized revenue, up 112% from six months ago, with Anthropic and OpenAI capturing 89% of the revenue (The Information)

Grafana says hackers have accessed its GitHub environment and demanded a ransom to prevent the release of its codebase; Grafana refused to pay (The Hacker News)

Analysis: mass adoption of smartphones and social media may be a primary driver of declining birthrates globally, in part by reducing in-person socializing (John Burn-Murdoch/Financial Times)

Hill County, which faced eight new data centers, passed what may be Texas' first county-wide ban on them, for one year; the state trails only VA in data centers (Mike Lee/Politico)

SF vibes are frenetic over the huge divide in outcomes and career uncertainty for software engineers; over 5 years ~10K people in AI attained retirement wealth (Deedy/@deedydas)

ASML will partner with Tata Electronics to help it bring an $11B 300mm chip factory online in Gujarat, expanding India's ability to produce chips domestically (Bloomberg)

OpenAI's disavowal of a liability shield in Illinois SB 3444 bill and endorsement of a stronger SB 315 suggest it is open to meaningful AI safety legislation (Transformer)