Welcome back to your daily memorandum talking tech, business, AI, markets, and more. 🗞️

In today’s edition, we are tackling the following:

📡 Adani will grow data center investment by $10B on AI demand.
🧑‍💻 Meta is ramping up its AI-driven age detection.
📦 DHL suspends high-value deliveries to U.S. consumers amid tariff Turmoil.
🛡️ Britain and New Zealand to step up military ties as leaders meet.
🎮 Roblox is letting creators fine-tune their prices by country.

TECH

• Adani to grow data center investment by $10B on AI demand

  • Gautam Adani, the billionaire behind the Adani Group, is planning to invest an additional $10 billion to establish data centers across India.

  • This decision comes as the billionaire seeks to capitalize on the growing demand for artificial intelligence and business process-led services.

  • The Adani Group is reportedly targeting business from foreign governments, with government-to-government contracts.

• Meta is ramping up its AI-driven age detection

  • Meta is expanding how it uses AI to detect teens on Instagram and, in some cases, will begin overriding account settings.

  • Instagram now says it will use AI to proactively look for teen accounts that have an adult birthday, and change settings for suspected kids.

  • Meta has gradually offered more settings that it says will protect teens and kids on the platform, often in response to concerns from parents.

• Airbnb to show fees in price display to comply with the FTC rule

  • Airbnb Inc. announced it will, by default, show customers the total price of stays, including cleaning and service fees.

  • This is to comply with a US Federal Trade Commission rule set to go into effect next month.

  • Customers in the US and 200-plus other markets that didn’t previously have price-display regulations will now see the total cost.

BUSINESS

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• DHL suspends high-value deliveries to U.S. consumers amid tariff Turmoil

  • Deutsche Post is suspending high-value shipments to the U.S., effective Monday.

  • This event is citing new customs rules introduced under US President Donald Trump's higher tariffs.

  • The recent change in US customs regulations has significantly increased red tape and caused ‘multi-day delays’ in deliveries.

• Shopify must face a data privacy lawsuit in the US

  • A U.S. appeals court revived a proposed data privacy class action against Shopify to assert jurisdiction over internet-based platforms.

  • In a 10-1 decision, the 9th U.S. Circuit Court of Appeals in San Francisco said the Canadian e-commerce company can be sued.

  • Shopify said it should not be sued in California because it operates nationwide and did not aim its conduct toward that state.

• Major advances in E.V. batteries announced by Chinese company

  • CATL supplies batteries for several major automakers, including Tesla, Ford, and GM.

  • CATL controls an estimated 38% of the EV battery market, and its new Shenxing battery has more than 320 miles after 5 minutes of charging.

  • Despite having fallen by about 90% from 2008 to 2023, the price of EV batteries represents about a third of an electric vehicle’s cost.

CONTENT

• Turning a deck of cards into a $100M/yr business with Elan Lee

  • Sam Parr and Shaan Puri talk with Elan Lee about building Exploding Kittens from a humble $10K Kickstarter goal to a $100M game empire.

  • Elan shares how focusing on the crowd over the funding changed everything, and how zero-dollar marketing hacks fueled massive growth.

  • They also discuss how creativity thrives under constraints and what it was like designing a game with Tim Ferriss.

• Dave’s best-performing fund with Jason Wilk

  • Jason Wilk, Founder and CEO of Dave, shares how the company pulled off one of the greatest comebacks in the public markets.

  • In this conversation, Jason discusses lessons from going public, the future impact of AI on business margins, and neobanking challenges.

  • He also has his outlook on the economy and politics over the next 12 months.

• How agencies are printing $1M/mo using an AI funnel with Niels Klement

  • Niels Klement, CMO of Perspective, shares about how agencies are scaling to $10K–$100K per month by building services with AI.

  • Niels shares why focusing on a specific niche, creating repeatable funnel templates, and using AI for fulfillment are key to success.

  • The conversation dives into funnel optimization strategies, the power of mobile-first and interactive designs like quizzes.

WORLD

• Britain and New Zealand to step up military ties as leaders meet

  • Keir Starmer will seek to strengthen the UK’s defence ties with New Zealand when he hosts the country’s prime minister on Tuesday.

  • When he meets Christopher Luxon, Starmer will discuss extending a training programme for Ukrainian troops run by the two countries.

  • The meeting comes before a London gathering of British, French, German, Ukrainian, and US officials on Wednesday.

• Vance’s visit to India sparks hopes for trade deal amid Trump tariff pause

  • U.S. Vice President J.D. Vance held trade talks with Indian Prime Minister Narendra Modi in New Delhi on April 21

  • The South Asian nation looks to strike an early deal with Washington that spares it from President Donald Trump’s additional tariff hikes.

  • The White House said in a statement that the talks yielded ‘significant progress in the negotiations’ for a bilateral trade agreement.

• China vows retaliation against countries that follow U.S. calls to isolate Beijing

  • China has warned it will retaliate against countries that cooperate with the U.S. in ways that compromise Beijing’s interests.

  • The threat comes as U.S. President Donald Trump’s administration is reportedly planning to use tariff negotiations to pressure U.S. partners.

  • “China firmly opposes any party reaching a deal at the expense of China’s interests,” the Chinese Ministry of Commerce said.

AND MORE…

• Roblox is letting creators fine-tune their prices by country

  • Roblox is rolling out a new feature that will let creators on the platform choose to offer in-game items at region-specific prices.

  • This means that an item’s specific price will vary to reflect a user’s local region so that it’s equivalent around the world.

  • Regional pricing will also become an option for avatar items later this year,’ according to a Roblox blog post.

• ChatGPT search is growing quickly in Europe, OpenAI data suggests

  • ChatGPT search, which allows the chatbot to access and incorporate up-to-date information from the web, is growing at a fast clip in Europe.

  • OpenAI Ireland Limited reveals ChatGPT search had roughly 41.3 million average monthly active ‘recipients’ for the six months.

  • OpenAI regularly publishes information on ChatGPT search to comply with the EU’s DSA, which regulates aspects of online services.

• Bluesky is adding blue checks for ‘authentic and notable’ accounts

  • Bluesky is rolling out blue checks of its own for ‘authentic and notable accounts,’ the platform announced on Monday.

  • Bluesky is also giving some organizations ‘Trusted Verifier’ status, allowing organizations to verify users affiliated with them.

  • Bluesky’s moderation team will then review each verification to ensure authenticity.’