Evening Scan

Today was all about the money flowing to AI — from venture funds breaking 12-year records to ASML raising its chip forecast. Meanwhile, streaming bundles got cheaper and self-driving cars got braver.

$23.6B — US late-stage venture funds raised this much year-to-date, smashing every record since 2014.. (WSJ)

US growth and late-stage venture funds raised $23.6B YTD, up from $7.4B in 2025 and above the totals for any of the past 12 years, amid the AI boom

VCs are writing checks at 2021 pace again, except this time the fundamentals may justify it. (WSJ)

ASML reports Q1 net sales of €8.8B, above €8.5B est., and raises 2026 net sales forecast to €36B to €40B from €34B to €39B

The Dutch chipmaking equipment giant is benefiting from the AI wave, beating estimates and raising guidance. (CNBC)

Apple TV and Peacock $20 Monthly Bundle Available on Amazon Prime Video, Offering a 30% Discount

Streaming wars have shifted from content hoarding to sensible bundling. (MacRumors)

Waymo's self-driving cars face their toughest test yet: London

Waymo's ability to handle roundabouts, narrow streets, and aggressive cabbies is the real test. (The Register)

“The expanded partnership covers several generations of Meta's custom MTIA processors, starts with over a gigawatt of computing capacity.” — The Next Web