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May 31, 2025, 4:05 AM
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| 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.
More: Bond Capital, TechCrunch, Financial Times, PitchBook, and The Information
| 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
More: Ars Technica, StrictlyVC, Bloomberg, Axios, Reuters, Moneycontrol, The Information, PYMNTS.com, Tech in Asia, Associated Press, The Hill, Cryptopolitan, Channel NewsAsia, Benzinga, Bloomberg Law, The Economic Times, Business Standard, New York Post, The National, Quartz, WKMS, and Competitive Enterprise …
| 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 …
More: CleanTechnica, Benzinga, TechCrunch, InsideEVs, and TESLARATI
| 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 …
X: @bgurley, @davidsacks, @miles_brundage, and @reedalbergotti
| 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.
More: Wired, New Republic, Politico, The Information, Insider Monkey, TheStreet, MSNBC, The Independent, Benzinga, Yahoo Finance, Mock Paper Scissors, Raw Story, Techdirt, NPR, Talking Points Memo, IJR, and Wall Street Journal
Bluesky: @brockm, @menendez.house.gov, @maxberger, @daviddarmofal, @shawnmusgrave, @joshsternberg.com, @leahfeiger, @timmarchman, @katie-drummond, @makenakelly, @papasc, @50501newyork, @tinyklaus.com, @justinlevitt, and @carlquintanilla
Mastodon: @chrisstoecker@mastodon.social, @wendysiegelman@mastodon …, @KimPerales@toad.social, and @jeffjarvis@mastodon.social
X: @jeffjarvis and @eff
LinkedIn: Christian Stoecker and Jerry Davis
Forums: r/UFOs, r/millenials, r/ArtificialInteligence, r/Full_news, r/Libertarian, r/singularity, r/StockMarket, r/conspiracy_commons, r/JoeRogan, r/conspiracy, r/YarvinConspiracy, r/BetterOffline, r/conspiracy, r/TrueReddit, r/StallmanWasRight, r/Global_News_Hub, r/fednews, r/PoliticalOptimism, r/Liberal, r/AntiTrumpAlliance, r/FreeSpeech, r/TheMajorityReport, r/conspiracytheories, r/privacy, r/dataengineering, r/portfolios, r/technology, r/inthenews, r/PLTR, r/craftofintelligence, r/politics, and r/palantir
| 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: 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.
More: crypto.news, Yahoo Finance, Benzinga, BeInCrypto, Tom's Hardware, and Financial Times
| 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 …
More: Analytics India Magazine, Matt's Website, The Information, and Matt's Website
X: @reedalbergotti, @semafor, @reedalbergotti, @doctoryev, @amasad, @lovable_dev, @lovable_dev, @mattppal, @antonosika, and @antonosika. Forums: Slashdot
| Washington Post: |
Sources: the White House is finalizing EOs on drones that could end Chinese drone sales in the US, update federal rules on where drones can be flown, and more — President Trump is expected to sign executive orders next week that widen his policies targeting China and Chinese companies.| Kate Clark / Bloomberg: |
Sources: Abridge, which uses AI to transcribe medical chats, is raising $300M led by a16z at a $5.3B valuation, up from $2.75B in February when it raised $250M — The startup is raising $300 million for software that takes notes on conversations with doctors and patients.| 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.
More: Business Wire, Pulse 2.0, Verdict, Seattle Business Journal, GeekWire, Axios, CPA Practice Advisor, PYMNTS.com, and Channel Futures
LinkedIn: Acumatica and Vista Equity Partners
| 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.
More: FinSMEs, STAT, Business Wire, HIT Consultant, and VC News Daily
LinkedIn: Julie O'Shaughnessy and Vivodyne
| 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.
More: Washington Business Journal, Breaking Defense, Washington Technology, Leidos, and Pulse 2.0
X: @leidosinc and @leidosinc
| Bloomberg: |
Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024 — Builder.ai, the artificial intelligence startup that recently announced plans to declare bankruptcy …
More: The Captable. Bluesky: @edzitron.com, @mhbergen, and @edzitron.com
X: @patwardhannn, @patwardhannn, @workmj, @patwardhannn, @patwardhannn, @patwardhannn, and @steventey
LinkedIn: Mark Bergen, Bismah Malik, and Yazhou Sun
| Olivia Poh / Bloomberg: |
Sources: TikTok Shop cuts several hundred jobs in Indonesia, leaving Tokopedia and TikTok Shop with ~2,500 employees in the country, down from ~5,000 last year — The Chinese social media giant is reducing staff across e-commerce teams including logistics, operations, marketing and warehousing … | Allie Garfinkle / Fortune: |
NYC-based Empathy, which runs an online platform providing on-demand tools and guidance for bereaving families, raised a $72M Series C led by Adams Street — Ron Gura, cofounder and CEO of Empathy. — Empathy — Ron Gura doesn't use the word “death” every day. — Recommended Video
More: CTech, Empathy, Business Wire, FinSMEs, and VC News Daily
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