| Becky Peterson / Wall Street Journal: |
Tesla shareholders approve a $1T pay package for Elon Musk that requires him to hit a series of milestones and expand Tesla's market cap to $8.5T over 10 years — Musk had threatened to leave Tesla if the record-setting package didn't pass — Tesla shareholders approved a record-setting pay package … | Shirin Ghaffary / Bloomberg: |
Sam Altman says OpenAI doesn't want government guarantees for data centers and expects to fund investments with revenues hitting “hundreds of billions by 2030” — OpenAI Chief Executive Officer Sam Altman pushed back at the idea that the company would seek federal guarantees … | Ashley Capoot / CNBC: |
OpenAI CFO Sarah Friar clarifies the startup is not seeking a government “backstop” for its infrastructure deals, saying her use of the word “muddied the point” — OpenAI CFO Sarah Friar said late Wednesday that the artificial intelligence startup is not seeking … | Ashley Capoot / CNBC: |
David Sacks says there will be “no federal bailout for AI”, as the US has at least five major AI companies and “if one fails, others will take its place” — Venture capitalist David Sacks, who is serving as President Donald Trump's artificial intelligence and crypto czar … | Qianer Liu / The Information: |
Sources: the White House has told others in the government it won't allow Nvidia to sell its scaled-down AI chip B30A to China, despite Trump's hints he might — The White House has told others in the federal government it won't allow Nvidia to sell its latest scaled-down AI chips to China … | Financial Times: |
Jensen Huang warns “China is going to win the AI race”, after the US kept a ban on advanced AI chip sales to China, and says the West is held back by “cynicism” — CEO criticises western ‘cynicism’ while Beijing loosens regulations and cuts energy costs for data centres| Jason Schreier / Bloomberg: |
Take-Two delays the release of GTA VI by six months to November 2026, reports Q2 net bookings up 33% YoY to $1.96B, vs. $1.72B est.; TTWO drops 6%+ after hours — The release date for the game had previously slipped to May 2026 from fall 2025 — Take-Two Interactive Software Inc. delayed … | Jason Schreier / Bloomberg: |
| Washington Post: |
The US Congressional Budget Office says it has identified a security incident; sources say the CBO has been hacked by a suspected foreign actor — The office makes economic projections for lawmakers and scores legislation for how much it would add or subtract from the national debt. — just now| Jeff Horwitz / Reuters: |
Docs: Meta projected in Dec. 2024 that ~10% of its 2024 revenue, or $16B, would come from ads for scams and banned goods, including ~$7B from “higher risk” ads — Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, documents seen by Reuters show.| Jason Koebler / 404 Media: |
The FBI has subpoenaed the domain registrar of archive.today, demanding information about the owner of the archiving site as part of a criminal investigation — The FBI is attempting to unmask the owner behind archive.today, a popular archiving site that is also regularly used to bypass paywalls … | Aamir Siddiqui / Android Authority: |
Google adds Gemini's Deep Search to Google Finance, which also gets prediction market data from Kalshi and Polymarket for future event analysis, first in the US — Deep Search gets you answers to comprehensive questions, while prediction market support will be clutch for future analysis. — •| Ashley Capoot / CNBC: |
Airbnb reports Q3 revenue up 10% YoY to $4.1B, vs. $4.08B est., Nights and Seats booked up 9% to 133.6M, vs. 131.75M est., forecasts Q4 revenue above estimates — Shares of Airbnb rose as much as 5% in extended trading on Thursday after the company reported third-quarter results … | Evelyn Cheng / CNBC: |
Chinese startup Moonshot releases Kimi K2 Thinking, an open-source model it claims beats GPT-5 in agentic capabilities; source: the model cost $4.6M to train — Chinese startup Moonshot on Thursday released its latest generative artificial intelligence model which claims to beat OpenAI's ChatGPT in … | Aisha Malik / TechCrunch: |
Meta launches Vibes, its short-form video feed of AI-generated videos, in Europe through the Meta AI app, following its US debut six weeks earlier — Meta announced on Thursday that Vibes, its short-form video feed of AI-generated videos, is launching in Europe in the Meta AI app.| Sebastian Herrera / Wall Street Journal: |
Microsoft AI CEO Mustafa Suleyman lays out the company's plans to develop AI self-sufficiency from OpenAI, like releasing its own voice, image, and text models — Tech giant forms team led by AI chief Mustafa Suleyman to build top artificial-intelligence systems and distance itself from longtime partner| Lawrence Bonk / Engadget: |
Amazon is testing an AI tool called Kindle Translate that automatically translates books into other languages, for authors that self-publish on the platform — This is being advertised as a boon for authors who publish directly on the platform. … The appropriately-named Kindle Translate … | CNBC: |
Google says Ironwood, its seventh-gen TPU, will launch in the coming weeks and is more than 4x faster than its sixth-gen TPU; it comes in a 9,216-chip config — Google is making its most powerful chip yet widely available, the search giant's latest effort to try and win business … | Reinhardt Krause / Investor's Business Daily: |
Affirm reports Q1 revenue up 34% YoY to $933M, vs. $883M est., GMV up 42% to $10.8B, vs. $10.38B est., and profit above estimates; AFRM jumps 11%+ after hours — Consumer financing firm Affirm Holdings (AFRM) reported fiscal first quarter earnings, revenue and key financial metrics that handily beat Wall Street targets.| Dean Seal / Dow Jones Newswires: |
| Samantha Subin / CNBC: |
DoorDash's stock fell 17%+ on Thursday, marking its worst trading day ever, amid concerns over its 2026 spending plans for new products like autonomous delivery — Doordash's stock plummeted 17% for its worst session ever as investors rejected the company's aggressive spending strategy.| C.J. Robinson / Columbia Journalism Review: |
Tow Center identifies eight X bot accounts that use X's AI Note Writer API to write between 5% to 10% of the Community Notes visible to the public each day — Eight AI bots contribute about 10 percent of the platform's “Community Notes.” — Last month, videos of the No Kings protests circulated online among extensive news coverage.| Ashley Gold / Axios: |
OpenAI releases a blueprint the company hopes lawmakers will use in crafting safety standards for teens using AI, with five suggestions for AI companies — OpenAI on Thursday released a blueprint the company hopes lawmakers will use in crafting safety standards for teens using AI, per a copy first shared with Axios.| Kirsty Needham / Reuters: |
Sources and documents: Google plans to build an AI data center on Australia's remote Christmas Island, after signing a cloud deal with its DOD earlier in 2025 — - Plans come after Google, Australian Department of Defence sign cloud deal — Christmas Island increasingly featuring in regional war game scenarios| Samantha Subin / CNBC: |
Duolingo's stock falls 25%+ after the company said it expects bookings to range between $329.5M and $335.5M this quarter, falling short of a $344.3M estimate — Duolingo's stock cratered 25% on lighter-than-expected guidance as the language learning platform zeroed in on user growth in lieu of near-term monetization.| a16z: |
a16z announces an eight-week new media fellowship for people with a record of creating “impactful content” via newsletters, podcasts, communities, and more — A new 8-week program for operators, creators, & storytellers shaping the future of media| New York Times: |
The Chan Zuckerberg Initiative restructures to focus on AI and science, led by Biohub research centers, and acquires AI startup Evolutionary Scale's team — The Chan Zuckerberg Initiative said its restructured organization, Biohub, would lead its focus on artificial intelligence and scientific research.| Julie Bort / TechCrunch: |
Fomo, a consumer crypto trading app, raised a $17M Series A led by Benchmark, taking its total funding to $19M, and reports $20M to $40M in daily trading volume — Paul Erlanger and Se Yong Park, co-founders of consumer crypto trading app Fomo, took an unusual route to raising capital that is paying off for them.| Bloomberg: |
SpaceX agrees to acquire EchoStar's unpaired AWS-3 licenses for $2.6B in stock, after EchoStar sold AWS-4 and H-block licenses to SpaceX for ~$17B in September — EchoStar Corp. reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk's SpaceX …
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