| Financial Times: |
Sources: Apple plans to move assembly of all iPhones sold in the US, or 60M+ iPhones per year, to India by the end of 2026, in response to Trump's trade war — FT Exclusive: Tech giant plans to shift assembly as soon as next year in response to Donald Trump's trade war| Tom Warren / The Verge: |
Microsoft makes Recall available to all Copilot+ PCs, along with a new AI-powered Windows search and Click to Do, which works like Google's Circle to Search — Microsoft's Click to Do image and text tool is also rolling out today. … We knew Microsoft was about to launch Recall for real this time … | Kyle Wiggers / TechCrunch: |
OpenAI expands deep research usage for Plus, Pro, and Team users with an o4-mini-powered lightweight version, which also rolls out to Free users today — OpenAI is bringing a new “lightweight” version of its ChatGPT deep research tool, which scours the web to compile research reports on a topic … | Danny Goodwin / Search Engine Land: |
YouTube is testing a new AI Overviews carousel in its search results for queries focused on products and location information, for some US Premium subscribers — YouTube is testing a new AI Overviews carousel. It will appear in search results for select queries.| Newcomer: |
Internal presentation by Microsoft's CFO Amy Hood: number of users for Copilot has been flat over the past year with ~20M weekly users, as ChatGPT grew to 400M — Mustafa Suleyman hasn't delivered the turnaround he was hired to bring — At Microsoft's annual executive huddle last month … | Leo Schwartz / Fortune: |
Nous, which plans to launch an AI training system on Solana using people's idle computing power, raised a $50M Series A, a source says at a $1B token valuation — Training AI models requires a massive amount of computing power. — The crypto industry has been fighting to get a piece … | Washington Post: |
Sources: China has quietly exempted from tariffs at least eight classifications of US-made microchips, as it seeks to exempt “irreplaceable” goods — Levies on certain U.S.-made microchips have been dropped, importers say. Meanwhile, China denied President Trump's claims that talks to reduce tariffs are happening.| John Revill / Reuters: |
Swiss National Bank says cryptocurrencies failed to meet its currency reserve standards, as a referendum campaign seeks to require SNB to hold bitcoin reserves — The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution's currency reserve standards … | Eleanor Olcott / Financial Times: |
Baidu CEO Robin Li says demand for text-based models like DeepSeek's is “shrinking” and claims its model had a higher propensity for “hallucinations” — Search group's chief makes rare criticism of China's generative artificial intelligence darling| Bloomberg: |
Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East — The Chinese startup behind Manus AI secured a round of financing led by US venture firm Benchmark, scoring capital to explore … | Emma Roth / The Verge: |
Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on — The new option drops sound descriptions and speaker names from subtitles. … Netflix is rolling out a new subtitle option that shows just spoken dialogue.| Carmen Arroyo / Bloomberg: |
Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021 — Elon Musk's X Holdings Corp. is evolving from a social media platform powered by mainstream advertisers to one betting … | Stephen Nellis / Reuters: |
Adobe says Firefly users can now generate images using OpenAI's GPT, Google's Imagen 3 and Veo 2, and Flux 1.1 Pro, in addition to its own Firefly image models — Adobe (ADBE.O) said on Thursday it is adding image-generation artificial intelligence models from OpenAI and Alphabet's Google … | Bloomberg: |
Sources: the US pushed back against EU's AI code of practice; the code is voluntary, still being finalized, and aims to help companies comply with the AI Act — US President Donald Trump's administration is putting pressure on Europe to ditch a rulebook that would compel developers … | The Information: |
Docs: Scale AI had revenue of $870M in 2024, missing its $1B target, and plans a $150M share sale that values the startup at around $25B, up 80% from a year ago — Scale AI, the fast-growing data-labeling startup, missed its revenue and profit targets last year, but its investors are undeterred.| Mary Ann Azevedo / TechCrunch: |
CB Insights: fintech startups globally raised a combined $10.3B in Q1, the highest since Q1 2023; 19 US fintech startups have raised over $50M in 2025 so far — After a sluggish couple of years, fintech appears to be making a comeback. — In the first quarter of 2025 … | Sean Hollister / The Verge: |
Intel CEO Lip-Bu Tan announces changes, including an engineering refocus, reductions in unnecessary bureaucracy and workforce, and four-day-per-week RTO policy — Today is Intel's Q1 2025 earnings call, and the first we're truly hearing from new Intel CEO Lip-Bu Tan, who took over the company on March 18th.| Reuters: |
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| Benjamin Mullin / New York Times: |