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META
Meta launched Pocket in the US, and the app it came from shut down the same day
Meta has rolled out Pocket nationwide, an app that turns prompts into small interactive posts called gizmos. It came from the team behind Gizmo, which Meta hired in March and whose original app was wound down on the day Pocket launched.
ARTIFICIAL INTELLIGENCE
Vanguard is acquiring Altruist, the AI custody platform it backed six years ago
Altruist runs its own clearing and an AI layer that drafts client plans, and the deal lands months after the FCA opened a regime built for the 23 million people nobody advises
GOVERNMENT AND POLICY
Huawei bid to build Egypt’s AI data centres, and Washington is scrambling
Huawei has bid to build AI data centres for the Egyptian government, offering 2,008 Ascend chips and a 12-month build. The State Department is trying to assemble a counter-bid from Nvidia, AMD and Microsoft before Xi Jinping arrives in Cairo next week.
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