OpenAI completed pre-training on a new model codenamed "Spud" that Altman says could "really accelerate the economy," with a release expected within weeks. To free up GPU resources, the company is killing Sora and reshuffling leadership: Altman shifts to fundraising and data centers while Fidji Simo takes over a new "AGI Deployment" division. (Venture Beat)

In a historic first, Arm unveiled the AGI CPU, a 136-core data center chip built on TSMC's 3nm process, marking the company's leap from chip designer to chip maker. Meta is the lead partner, with OpenAI, Cerebras, and Cloudflare also committed. Arm says the product line will drive $15 billion in revenue by 2031, and the stock surged 16% on the news. (CNBC)

Mark Zuckerberg announced Meta Small Business, a company-wide initiative to bring AI tools to the 250+ million small businesses already on Facebook, Instagram, and WhatsApp. Led by Meta president Dina Powell McCormick and product head Naomi Gleit, it's a direct play to make Meta the default AI stack for entrepreneurs while competitors chase enterprise. (Axios)

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A Duke/Federal Reserve survey of 750 U.S. CFOs found 44% are planning AI-related layoffs this year, targeting roughly 502,000 roles, nine times the AI-attributed cuts in 2025. Half are white-collar positions in admin and support. The shift from "AI might replace jobs" to "CFOs are budgeting for it" happened faster than most founders expected. (Fortune)

AI notetaker Granola raised $125 million in Series C funding, catapulting its valuation from $250M to $1.5 billion in under a year. Led by Index Ventures and Kleiner Perkins, the round backs the company's pivot into full enterprise AI: new Spaces workspaces, team APIs, and the vision of turning every meeting into searchable company memory. (Yahoo Finance)

Amazon acquired Fauna Robotics, a two-year-old startup building kid-size humanoid robots for the home. Fauna's first product, Sprout, stands 3.5 feet tall, costs $50,000, and is designed to handle household tasks like picking up toys and fetching food from the pantry. It's Amazon's second robotics acquisition this month, signaling a serious push into consumer humanoids. (TechCrunch)

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