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A coalition of telecom operators and device makers is pushing $40 smartphones to bring up to 20 million people online, but rising component costs threaten the plan. Source

The $7 million in annual recurring revenue that Cluely CEO Roy Lee shared last summer was a lie, its founder and CEO Roy Lee admitted on Thursday on X. Source

Instead of relying on expensive management consultants, the startup uses AI voice agents to conduct interviews with customers of the companies the PE firms are considering buying. Source

Anthropic CEO Dario Amodei said he plans to challenge the Department of Defense's designation of the AI firm as a supply-chain risk. He claims most Anthropic customers are unaffected by the label. Source

Meta is now allowing rival AI companies to provide their chatbots on WhatsApp to Brazilian users for a fee, a day after the company confirmed a similar decision for users in Europe. Source

Karnataka's proposal highlights a growing global debate over children’s rights and online policy. Source

A SPAC deal that is set to take French quantum company Pasqal public on the Nasdaq values the company at $2 billion pre-money. Source

City Detect, a company that helps local governments prevent urban decay, is in at least 17 cities so far, including Dallas and Miami. Source

Indonesia has outlined new regulations that would restrict users under 16 from accessing digital platforms. Source