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INVESTORS AND FUNDING
Graphon Labs raises $35m to give AI agents a memory that lasts
Graphon Labs says its graph-based memory tops rival systems on three benchmarks. The 20-person company counts HP and the San Francisco 49ers among its users.
FINANCE
CoreWeave rules out new unsecured debt as revenue jumps 168% to $3.66bn
The raised CoreWeave forecast comes as interest costs jumped to $846m and losses widened. The AI cloud company expects about $9bn in customer prepayments in the next three months.
GOOGLE
Google Cloud launches Gemini for healthcare to take on hospital paperwork
Gemini for healthcare reads Epic and Oracle Health records, checks coverage and cites its sources, but cannot change a chart. GoodRx, UiPath and five other partners signed up the same day.
POLITICS
California sinks its billionaire tax as a Brin-backed wealth tax ban leads
Opponents of the billionaire tax raised about 10 times as much as its backers. A second measure from their committee, barring new wealth taxes, is ahead in the count.
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