Demis Hassabis says companies looking to replace developers with AI may be due to a "lack of imagination and a lack of understanding" of the future (Will Knight/Wired)

Doc: SpaceX says the EU's plan to reserve satellite spectrum for European operators risks disrupting connectivity, including for emergency services in Ukraine (Financial Times)

Sources: SpaceX plans to raise $20B in a bond sale as soon as next week; the funds would be used to pay back a $20B bridge loan taken out after the xAI merger (Financial Times)

Hive stock jumps 10% in premarket trading after announcing a $220M, three-year GPU cloud contract with Bell Canada and Cohere, as it pivots from bitcoin mining (James Van Straten/CoinDesk)

A look at 764, an online group the FBI declared domestic terrorists due to members manipulating teen girls into sharing sexual pictures and cutting themselves (Margi Murphy/Bloomberg)

NeuralTrust, which offers tech that lets enterprises discover, monitor, govern, and secure AI agents, raised a $20M seed led by Alstin Capital (Tamara Djurickovic/Tech.eu)

South Korean and Taiwanese tech companies that helped build China's hardware sector during the smartphone boom now reap the AI boom as US curbs sideline China (New York Times)