Is the tech portfolio undervalued by govt?

Plus: Nicola Willis eyes tourism boost, Trump unveils $500b 'StarGate', and annual inflation holds steady.

Happy Thursday!

We are closing in on the long weekend and honestly it feels like we’ve all earned a break already. This morning we’re kicking off with an excellent feature from Chris Keall over at the Herald unpacking Luxon plucking the Science, Innovation and Technology portfolio from Judith Collins and passing it over to her recently demoted colleague Shane Reti. Personally I’m very curious how this will pan out, it seems to me the tech and startup startup community was broadly behind Collins, will they get behind Reti? Let us know what you think!

Here’s the Daily Shot of news you don’t want to miss:

• Is the tech portfolio undervalued in govt

• High prices, strong production, and a low kiwi dollar dream combo for dairy

• Annual inflation holds steady at four-year low 2.2%

• Nicola Willis hints at visa changes to grow economy

• Trump unveils $500bn Stargate AI project with OpenAI, Oracle and SoftBank:

• Inside Iceland’s futuristic farm growing algae for food

• AI could help diagnose dementia through eye tests

• Startup founders flooded inauguration parties hopeful for dealmaking

• More than 7% of crypto users traded Trump's token

As always, thank you to everyone who has upgraded to a paid subscription or simply recommended Caffeine to friends and whānau. We couldn’t do any of this without you.

Finn and the CAFFEINE team

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