| Reed Albergotti / Semafor: |
Sources: Anthropic has been lobbying Congress to oppose a bill banning states from regulating AI, and pushed against the recent US AI deal with Gulf states — THE SCOOP — Anthropic is going toe-to-toe with the Trump Administration on artificial intelligence policy … | Wall Street Journal: |
US v. Google: during closing arguments, a judge queried both sides on ideas to limit Google's monopoly in search and said he expects to issue a ruling in August — Lawyers began making closing arguments Friday in landmark antitrust case over online search market, future of artificial intelligence| Dan Primack / Axios: |
Q&A with Mary Meeker on publishing her first Trends report since 2019, its focus on the AI revolution, why OpenAI may have an insurmountable lead, and more — Mary Meeker, the famed internet analyst turned venture capitalist, on Friday published her first Trends report since 2019 — focused on the AI revolution.| Reuters: |
Sources: Anthropic's annualized revenue hit ~$3B at the end of May, driven by business demand, up from $2B around the end of March and ~$1B in December 2024 — Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue, according to two sources familiar with the matter … | Bloomberg: |
Sources: Elon Musk is pushing lawmakers to help clear a path for driverless vehicles and has been weighing in on revisions of a bill on autonomous vehicles — In recent weeks, Musk and people who work for him have been calling members of Congress directly to gather support, said the people … | Cecilia D'Anastasio / Bloomberg: |
Grow a Garden, a hit game on Roblox, has spawned a market where in-game items are sold for real money on sites like eBay, potentially violating Roblox's ToS — At a recent peak on Saturday, May 24, some 8.7 million people were playing at once, roughly the population of Switzerland … | Reed Albergotti / Semafor: |
A Replit employee details a critical security flaw in web apps created using AI-powered app builder Lovable that exposes API keys and personal info of app users — THE SCOOP — Lovable, the popular vibe coding app that describes itself as the fastest-growing company in Europe … | Gabriel Daros / Rest of World: |
Brazil is piloting dWallet, a digital wallet program that allows users to monetize their data, the first nationwide initiative of its kind in the world — Brazil is piloting dWallet, a project that lets citizens earn money from their data. It is ahead of similar U.S-based initiatives.| New York Times: |
Sources: Palantir's Foundry is now deployed in at least four federal agencies, after Trump signed an EO calling for the government to share data across agencies — Alex Karp, a co-founder and the chief executive of Palantir, at a forum in Washington in April.| Bloomberg: |
Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt — Vista is buying the Bellvue, Washington-based firm from private equity firm EQT AB, according to a statement Thursday that confirmed an earlier Bloomberg News report.| Max Knoblauch / Sherwood News: |
Nvidia reported record gaming revenue of $3.76B in Q1, up 42% YoY, driven by sales of its Blackwell chips that are used to enhance game graphics through DLSS — Nvidia's former cash cow posted record sales in the first quarter, carrying the company to a sales beat.| Katherine Davis / Axios: |
Vivodyne, which uses AI and robots to grow human tissues in the lab for drug discovery and development, raised a $40M Series A led by Khosla Ventures — Vivodyne, a San Francisco-based startup using lab-grown human tissues to discover and develop drugs, raised $40 million in a Series A led by Khosla Ventures.| Vishal Singh / Silicon Canals: |
London-based Dojo, a payments tech provider to over 140K businesses, raised $190M from Vitruvian Partners in its first equity raise since launching in 2021 — London-based Dojo, a payments technology provider, has announced an investment of $190M (nearly €168.66M) from global investment firm Vitruvian Partners.| Courtney Albon / Defense News: |
Defense tech firm Leidos acquires VA-based Kudu Dynamics, which provides AI-enabled cyber defense and offense tools to the US DOD and other customers, for $300M — Defense technology firm Leidos announced Wednesday it closed a $300 million acquisition of Kudu Dynamics, a company that develops AI-enabled cyber capabilities.| Bloomberg: |
Sources: Trump administration plans to expand Entity List restrictions to cover subsidiaries of Chinese companies, aiming to block workarounds via new offshoots — The Trump administration plans to broaden restrictions on China's tech sector with new regulations to capture subsidiaries of companies under US curbs.
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