| Maxwell Zeff / TechCrunch: |
At LlamaCon, Satya Nadella says 20% to 30% of code in Microsoft's repositories was AI-written, and Microsoft was seeing more progress in Python and less in C++ — Microsoft CEO Satya Nadella said that 20%-30% of code inside the company's repositories was “written by software” — meaning AI … | Lily Hay Newman / Wired: |
| Kyle Wiggers / TechCrunch: |
| Kyle Wiggers / TechCrunch: |
OpenAI says GPT-4o's latest update is “now 100% rolled back” for free ChatGPT users and is rolling back for paid users, in a bid to fix the model's sycophancy — OpenAI CEO Sam Altman on Tuesday said that the company is “rolling back” the latest update to the default AI model powering ChatGPT … | Financial Times: |
Microsoft President Brad Smith says the company would take the US to court if necessary to protect European customers' “continuity of access” to its services — Tech group says it would sue to keep European access to crucial cloud services — Microsoft's top legal officer … | Ben Jiang / South China Morning Post: |
DeepSeek quietly open sources Prover-V2, a math-focused, 671B-parameter AI model using mixture-of-experts, on Hugging Face, one day after Alibaba released Qwen3 — The Chinese start-up has released the Prover-V2 model a day after Alibaba released Qwen3, and ahead of an anticipated release of DeepSeek-R2| Reuters: |
Samsung reports Q1 revenue up 10% YoY to ~$55.4B, operating profit up 1.2% YoY to ~$4.68B, and chip division operating profit down 42% YoY to ~$770M — Samsung Electronics (005930.KS) reported on Wednesday a small rise in first-quarter operating profit as customers concerned about U.S. tariffs rushed … | Yuan Gao / Bloomberg: |
Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing — Xiaomi debuted MiMo a day after Alibaba unveiled the latest version of its own flagship model, amplifying a race between China's tech players … | Jason Schreier / Bloomberg: |
EA says it laid off staff and canceled “two early-stage incubation projects”; sources say EA cut 300 to 400 roles and its Respawn unit canceled a Titanfall game — The video-game publisher cuts between 300 and 400 jobs — Electronic Arts Inc. is laying off hundreds of workers … | Jane Lanhee Lee / Bloomberg: |
TSMC begins building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's site — The world's most advanced chipmaker announced the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's site … | Mark Gurman / Bloomberg: |
Sources: Apple reorganizes its global affairs unit, including management of the government teams for Europe and Asia, and Apple Music's leadership structure — Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality — Beats' newest exercise headphones are improved, but they face stiffer competition than ever.| Jennifer Elias / CNBC: |
Waymo and Toyota announce a preliminary partnership aiming to develop a new autonomous vehicle platform and enhance next-generation personally owned vehicles — Alphabet-owned Waymo and Toyota on Tuesday announced a preliminary partnership to explore bringing robotaxi tech to personally-owned vehicles.| Sarah Perez / TechCrunch: |
Appfigures: Google Play now hosts ~1.8M Android apps, down 47% from ~3.4M at the start of 2024, likely due to raising minimum quality requirements in July 2024 — Google Play's app marketplace is losing apps. — From the start of 2024 to present, the Android app marketplace went from hosting … | Jagmeet Singh / TechCrunch: |
An Indian court directs the government to block Proton Mail after a local firm alleged its staff received emails containing obscene content sent via the service — A court in India has ordered the blocking of encrypted email provider Proton Mail across the country.| Martin Young / Cointelegraph: |
Filing: PayPal discloses that the US SEC said in February 2025 that it was closing its investigation into the PayPal USD stablecoin “without enforcement action” — PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant's US-dollar stablecoin.| Financial Times: |
Sources: Huawei has sold 10+ sets of its AI chip cluster CloudMatrix 384, including to data centers that serve Chinese tech companies, in a bid to rival Nvidia — CloudMatrix 384 sent to data centres serving Chinese tech companies as they seek to fill gap created by US export controls| Kyle Wiggers / TechCrunch: |
Online graphic design platform Freepik releases F Lite, a ~10B-parameter “open” AI image model that it says was trained on ~80M licensed, “safe-for-work” images — Freepik, the online graphic design platform, unveiled a new “open” AI image model on Tuesday that the company … | Mathieu Pollet / Politico: |
Doc: the EU's draft International Digital Strategy, set for June 4, acknowledges that decoupling from US tech is “unrealistic” and calls for strategic alliances — The European Union is set to admit that untangling from the dominance of U.S. tech companies is “unrealistic” … | Financial Times: |
Rogo, which offers an AI chatbot that replicates an investment banker, raised a $50M Series B led by Thrive at a $350M valuation, after raising $18.5M in 2024 — Rogo, founded by an ex-Lazard analyst, has raised $50mn from investors led by Thrive Capital — An AI start-up behind a chatbot … | Karen Freifeld / Reuters: |
Sources: Trump officials are considering removing a Biden-era rule that divides the world into three tiers to determine how many AI chips a country can obtain — The Trump administration is working on changes to a Biden-era rule that would limit global access to AI chips … | James Hale / Tubefilter: |
Streams Charts: YouTube was the most-watched livestreaming platform in Q1 2025, with 50.3% of the watch hours, followed by TikTok with 27% and Twitch with 16.3% — It's been a few years since the Great Ninja Exodus that pitted Twitch, YouTube, Microsoft's now-defunct Mixer … | Emily Birnbaum / Bloomberg: |
Meta, Spotify, and Match launch the Coalition for a Competitive Mobile Experience, a lobbying coalition to take on Apple and Google over user age verification — App makers Meta Platforms Inc., Spotify Technology SA and Match Group Inc. are girding for a high-stakes political battle … | CNBC: |
Snap reports Q1 revenue up 14% YoY to $1.36B, vs. $1.35B est., $2.96 ARPU, vs. $2.93 est., and 460M DAUs, but declines to provide Q2 guidance; SNAP drops 13%+ — Snap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance, citing macroeconomic uncertainties that could weigh on advertising demand.| Ingrid Lunden / TechCrunch: |
Miami-based Cast, which optimizes AI and other workloads via automation, raised a $108M Series C led by G2 and Vision Fund 2, sources say at a $900M valuation — The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for organizations.| Jagmeet Singh / TechCrunch: |
Kintsugi, which uses AI to help companies automate their sales tax compliance, raised $18M at a $150M post-money valuation, up from $80M in November 2024 — Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million …
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