| Bloomberg: |
US v. Google: Eddy Cue says Apple is looking at reshaping Safari to focus on AI search, and Safari searches dropped for the first time in April; GOOG drops 7.5% — Apple Inc. is “actively looking at” reshaping the Safari web browser on its devices to focus on AI-powered search engines … | Bloomberg: |
The Commerce Department says it will rescind the Biden-era “AI diffusion rule”, which limits exports of AI chips and is set to take effect on May 15 — The Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions … | Kevin Purdy / Ars Technica: |
Interview with curl project founder Daniel Stenberg, who likens “AI slop” in HackerOne submissions to a DDoS attack, echoing concerns of others like Seth Larson — “A threshold has been reached. We are effectively being DDoSed. If we could, we would charge them for this waste of our time … | Kyle Wiggers / TechCrunch: |
Anthropic launches web search on its API for Claude 3.7 Sonnet, 3.5 Sonnet, and 3.5 Haiku at $10/1K searches, giving the models access to up-to-date information — Anthropic is launching a new API that allows its Claude AI models to search across the web. Developers using it can build … | Fidji Simo / Instacart Corporate Blog: |
In an email to Instacart employees, Fidji Simo says the new CEO will be an existing member of the management team and she will stay on as Chair of the Board — Instacart CEO and Chair Fidji Simo shared the email below with Instacart employees this evening. You can read it in full here:| OpenAI: |
OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he will remain CEO, focusing on “research, compute, and safety” — Sam shared this message with the company earlier today: — Hi everyone - I have some exciting news to share.| Wired: |
Sources: OpenAI staffers met with the FDA and two DOGE associates multiple times in recent weeks to discuss a project called cderGPT, likely for drug evaluation — High-ranking OpenAI employees have met with the FDA multiple times in recent weeks to discuss AI and a project called cderGPT.| Washington Post: |
Internal messages show how the US State Department, in conjunction with trade talks, pushed nations facing tariffs to clear regulatory hurdles for Starlink — Some countries have turned to the satellite internet firm in conjunction with trade talks, State Department staffers wrote.| Lauren Forristal / TechCrunch: |
Netflix unveils its ChatGPT-powered search that lets users express preferences using natural phrases, to be rolled out this week to iOS users as an opt-in beta — After hinting at a new AI-powered search experience during its recent earnings call, Netflix officially unveiled the feature at its tech and product event on Wednesday.| John Koblin / New York Times: |
| Jay Peters / The Verge: |
| Reuters: |
TPG and Corpay agree to acquire Charlotte, NC-based AvidXchange, a payment automation software provider, for $2.2B, with Corpay investing ~$500M for a 33% stake — Global alternative asset manager TPG (TPG.O) will partner with Corpay (CPAY.N) to buy payments solutions provider AvidXchange … | Jonathan Vanian / CNBC: |
AppLovin reports Q1 revenue up 40% YoY to $1.48B, vs. $1.38B est., net income up 144% to $576M, and forecasts Q2 revenue below est.; APP jumps 13%+ after hours — AppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations … | Ian King / Bloomberg: |
Arm reports Q4 revenue up 34% YoY to $1.24B, vs. $1.23B est., royalty revenue up 18% to $607M, and forecasts Q1 revenue below est.; ARM drops 8%+ after hours — Arm Holdings Plc declined in late trading after giving a disappointing sales forecast for the current quarter … | Mary Ann Azevedo / TechCrunch: |
At Stripe Sessions, the company announced an AI foundation model for payments, plans for stablecoin-powered accounts, a recent migration with Nvidia, and more — Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event.| Ben Schoon / 9to5Google: |
Samsung plans to launch the Galaxy S25 Edge at a May 12 virtual event at 8pm ET, and reservations for the super-slim device are now open with a $50 credit — After weeks of rumors and an apparent delay, Samsung has just announced a May 12 launch event for the Galaxy S25 Edge and has opened reservations for the device.| Bloomberg: |
Filing: Apple seeks to pause the part of the April 30 US federal court ruling that blocked it from charging App Store commissions on outside transactions — The company is appealing a federal judge's ruling last week in its long-running fight with Epic Games Inc. that the iPhone maker failed … | The Information: |
Sources: Meta is once again considering facial recognition for its smart glasses and other devices, after abandoning the idea over ethical concerns in 2021 — Back in 2021, Mark Zuckerberg and other top Facebook executives were dreaming big about how to design the company's first generation of smart glasses.| Washington Post: |
Sources: DOGE plans to build a centralized database with troves of personal information about millions of US residents, sometimes bypassing security protocols — The goal — a centralized system with unprecedented access to data about Social Security, taxes, medical diagnoses … | Muyao Shen / Bloomberg: |
Sources: Robinhood plans a blockchain-based platform to let retail investors in Europe trade US securities, and considered partnerships with Arbitrum and Solana — The venture will be likely launched through a partnership with a digital-asset firm, according to the people.| Mike Scarcella / Reuters: |
A US court rejects a legal challenge by the FTC to Microsoft's $69B Activision Blizzard acquisition, upholding a lower court ruling that denied an injunction — A federal appeals court on Wednesday rejected a legal challenge by the U.S. Federal Trade Commission to Microsoft's (MSFT.O) … | Kritika Lamba / Reuters: |
Bumble reports Q1 revenue down 7.7% YoY to $247.1M, in line with $246.2M est., with Bumble app paying users falling ~1% YoY to 2.7M; BMBL jumps ~7% after hours — Bumble (BMBL.O) reported a more than 7% fall in first-quarter revenue on Wednesday, but met Wall Street estimates … | Alexander Marrow / Reuters: |
Nebius Group's Toloka, which uses human experts to train and evaluate AI models and has worked with Amazon and Anthropic, raised $72M led by Bezos Expeditions — Jeff Bezos' personal firm Bezos Expeditions is leading a $72-million investment in artificial intelligence data solutions company Toloka … | James D. Walsh / New York Magazine: |
How ChatGPT and other AI tools enable systemic cheating in college, unravelling the entire academic project; one student says “the ceiling has been blown off” — ChatGPT has unraveled the entire academic project. — Chungin “Roy” Lee stepped onto Columbia University's campus … | MacKenzie Sigalos / CNBC: |
Sen. Blumenthal says the Permanent Subcommittee on Investigations opened an inquiry into Trump's crypto empire, calling his memecoin dinner “pay-for-play” — Democrats turned up the pressure on President Donald Trump's cryptocurrency ventures this week and the fortune … | Bloomberg: |
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| Kyle Wiggers / TechCrunch: |
| Counterpoint Research: |
| Dean Seal / Wall Street Journal: |
| Shirin Ghaffary / Bloomberg: |
| Natalie Lung / Bloomberg: |
| Sarah Butler / The Guardian: |