| Bloomberg: |
SoftBank acquires Ampere Computing for $6.5B in cash, with Oracle and Carlyle selling their stakes as part of the deal, which is expected to close in H2 2025 — SoftBank is buying Ampere in an all-cash transaction that values the Santa Clara, California-based firm at $6.5 billion, according to a statement reviewed by Bloomberg News.| Reuters: |
Jensen Huang says Nvidia has not been approached about purchasing a stake in Intel, following a report about a consortium with TSMC to operate Intel's factories — Nvidia (NVDA.O) CEO Jensen Huang said on Wednesday that his company had not been approached about purchasing a stake in Intel (INTC.O).| Financial Times: |
Jensen Huang says Nvidia will spend “several hundred billion” on US-made chips and electronics over four years as it shifts supply chains amid US tariff threats — Jensen Huang's pledge follows onshoring plans by other tech companies as Trump trade policies ripple through industry| Sue Marek / Ookla: |
Analysis: AT&T and Verizon Speedtest users saw higher median download speeds on the iPhone 16e and its C1 than the iPhone 16; T-Mobile users saw the opposite — The 16e is the first iPhone to feature the Apple-designed C1 modem. — Key Takeaways: — AT&T and Verizon Speedtest® … | Sarah Perez / TechCrunch: |
Newsletter service Ghost launches support for ActivityPub integration in beta for Ghost(Pro) subscribers, letting them share their posts across the fediverse — Newsletter platform Ghost, an open source competitor to Substack, is now connected to the fediverse, also known as the open social web.| Kyle Wiggers / TechCrunch: |
OpenAI launches o1-pro, which uses more compute than o1 for “consistently better responses”, to select developers for $150/1M input and $600/1M output tokens — OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API.| Echo Wang / Reuters: |
Sources: CoreWeave plans to sell shares for $47 to $55 when marketing its IPO this week, aiming to raise $2.3B to $2.7B, possibly even before the IPO prices — CoreWeave, the artificial intelligence startup backed by Nvidia (NVDA.O), is planning to ask investors to pay $47 to $55 for each … | Natasha Lomas / TechCrunch: |
Google says more changes to Search in the EU would “reduce traffic to European businesses” and changes to the Play Store may expose users to “malware and fraud” — Google Search and its Play Store app marketplace are suspected of breaching the European Union's Digital Markets Act … | Emma Roth / The Verge: |
Meta plans to roll out Meta AI with text-only features in the EU this week on WhatsApp, Facebook, Instagram, and Messenger, after pausing its debut in June 2024 — A more limited version of Meta AI will head to WhatsApp, Facebook, Instagram, and Messenger this week.| Lauren Thomas / Wall Street Journal: |
Crypto exchange Kraken acquires US retail futures trading platform NinjaTrader for $1.5B, pending “purchase price adjustments”; NinjaTrader has 1.8M+ customers — NinjaTrader, a futures trading platform, would expand Kraken's offerings — The cryptocurrency exchange Kraken agreed … | Connie Loizos / TechCrunch: |
Michael Seibel says he is leaving YC after 12+ years and moving to a “Partner Emeritus” role, after stepping back from his “leadership responsibilities” in 2024 — Michael Seibel announced late Wednesday on X that after more than 12 years at Y Combinator, he is transitioning to a “partner emeritus” role.| Dan Milmo / The Guardian: |
The UK NCSC urges large entities, including energy and transport providers, to introduce “post-quantum cryptography” by 2035 to protect against quantum hackers — Organisations including energy and transport firms told to guard systems against powerful new computers| New York Times: |
A profile of longtime Elon Musk loyalist Steve Davis, who effectively runs DOGE after SpaceX, Boring Company, and X stints, based on interviews with 22 sources — Elon Musk declared last month that the federal government was engaged in “utterly insane” activity, claiming without evidence … | Anto Antony / Bloomberg: |
Bakkt names ex-SoftBank rainmaker Akshay Naheta as co-CEO to help turn around the struggling US crypto trading and custody platform; BKKT is down 62%+ in 2025 — Naheta will also be part of the company's board and will work with Andy Main, the firm's current CEO, according to a statement … | Allison Johnson / The Verge: |
Verizon says its satellite text messaging service is now available to owners of Google Pixel 9 and Samsung Galaxy S25 series smartphones at no extra charge — Texting via satellite comes to customers with recent Pixel and Galaxy phones starting today.| Kyle Wiggers / TechCrunch: |
Google and UCB researchers detail “inference-time search”, which some call a fourth AI scaling law, though experts are skeptical of its usefulness in many cases — Have researchers discovered a new AI “scaling law”? That's what some buzz on social media suggests — but experts are skeptical.| David Heaney / UploadVR: |
South Korean media: LG will end its XR product commercialization efforts as it believes the market isn't growing as quickly as expected, but will continue R&D — LG has ceased its XR product commercialization efforts, it confirmed, though will still continue long-term R&D.| Rebekah Valentine / IGN: |
A group of cross-discipline video game workers in the US and Canada announce a direct-join union called the United Videogame Workers, organizing with the CWA — The group unveiled itself at the Game Developers Conference this week. — Today, a group of cross-discipline video game workers … | Ben Thompson / Stratechery: |
| Financial Times: |
Sources detail how Jeff Bezos made peace with Trump, with many citing Amazon's loss of the $10B JEDI contract during Trump's first term as a watershed moment — In the past year, the Amazon founder has executed a sharp public reversal in his relationship with the president that has surprised even longtime associates| Bloomberg: |
Huawei unveils the 6.3" Pura X, which folds to a square clamshell with a 3.5" display, its first flagship running HarmonyOS 5, launching in China for ~$1,036 — The 6.3-inch Pura X folds in half to a square clamshell with a 3.5-inch display on the exterior and was introduced … | Jess Weatherbed / The Verge: |
Discord plans to roll out third-party ads on its mobile apps, starting with a mobile pilot for Video Quests, which let users earning rewards, in June 2025 — Video Quests will start rolling out to mobile users in June. … Discord is bringing third-party ads to its mobile platform.| Mark Bergen / Bloomberg: |
How Nvidia, SK Hynix, TSMC, and ASML, with a combined $4T+ market cap, dominate the AI supply chain, each having an 80% to 100% market share in their fields — Since ChatGPT arrived, Nvidia and its key manufacturing partners have dominated the market for AI chips. Will it last?| Benedict Evans: |
Apple's stumble with Vision Pro, followed by falling flat on its face with AI, suggests the company may be slipping into a Vista-like drift of poor execution — It matters that Apple's new Siri will be late, and it matters more that Apple didn't realise. Is it more than that?| Michael R. Bloomberg / Bloomberg: |
US schools spending billions on laptops, an idea supported by technologists and computer makers, has led to students' worsening social skills and test scores — Technology should supplement, not substitute, traditional teaching methods. — Over the past two decades …
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| Bloomberg: |