Sources: drone delivery startup Zipline is in talks to raise around $1B at a roughly $20B valuation, up from a $7.6B valuation in January (Bloomberg)

Zipline is negotiating a $1 billion funding round at a $20 billion valuation, while SK Hynix discusses manufacturing memory chips for Intel in the United States. Simultaneously, the European Union proposed banning social media for children under 13, and Apple is developing enterprise AI servers utilizing its own M8 Ultra chips.