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June 5, 2025, 10:06 PM

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Kevin Breuninger / CNBC:
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Tanaya Macheel / CNBC:
Circle's stock soared 168% on Thursday, closing at $83.23 on the NYSE after its IPO priced at $31; the stablecoin company raised almost $1.1B in the offering  —  Shares of Circle Internet Group soared 168% on Thursday after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering.
David Keohane / Financial Times:
Nintendo launches the Switch 2 globally, with midnight store openings and long queues; analysts expect it to sell 15M to 20M units, in line with its FY guidance  —  Mario fans queue at midnight store openings after games company apologises for failing to meet pre-order demand
Abner Li / 9to5Google:
Google releases an upgraded preview of Gemini 2.5 Pro, saying its Elo score jumped by 24 points on LMArena and it leads in coding benchmarks like Aider Polyglot  —  Google today released an “upgraded preview” of Gemini 2.5 Pro that will soon be generally available in the coming weeks.
Edward Ludlow / Bloomberg:
Defense tech startup Anduril raised a $2.5B Series G led by Founders Fund, which invested $1B, at a $30.5B valuation, up from $14B in August 2024  —  The latest capital injection and increased valuation — up from $14 billion last year — underscores how quickly the company is establishing itself …
Olga Kharif / Bloomberg:
Source: Trump's World Liberty Financial sent a cease-and-desist letter to the company behind $TRUMP and to Magic Eden after they announced the $TRUMP Wallet  —  Tensions between the competing factions of Donald Trump's ever-growing crypto empire are ramping up, with a company owned in part …
Lila Shapiro / Vulture:
Hollywood insiders report widespread off-the-books AI experimentation in studios, often hidden to avoid backlash, despite union contracts limiting AI use  —  “We can say, ‘Do it in anime, make it PG-13.’ Three hours later, I'll have the movie."  —  One recent evening on the Eastside of Los Angeles …
Emine Saner / The Guardian:
Thomas Brewster / Forbes:
Cellebrite agrees to buy virtualization software startup Corellium in a $200M deal, with Corellium founder Chris Wade, pardoned by Trump in 2020, joining as CTO  —  Corellium founder and CEO Chris Wade is selling his startup to Cellebrite, law enforcement's favorite cellphone forensics business.
Sara Fischer / Axios:
X is piloting a new program to use Community Notes feature to highlight posts on which people of typically differing opinions agree with each other  —  Elon Musk's X is piloting a new program to use its Community Notes feature to highlight posts where people of typically differing opinions actually agree …
Kyle Wiggers / TechCrunch:
Anthropic unveils a new set of Claude Gov models tailored for US national security customers and designed to be applied to planning, analysis, and more  —  Anthropic says it has released a new set of AI models tailored for U.S. national security customers.  —  The new models, a custom set of …
Shannon Bond / NPR:
OpenAI says it disrupted 10 malicious operations in the past three months, four of which likely originated in China and targeted multiple countries and topics  —  Chinese propagandists are using ChatGPT to write posts and comments on social media sites — and also to create performance reviews detailing …
Sarah Perez / TechCrunch:
An Apple-funded study says developers using the App Store generated $1.3T globally in billings and sales in 2024, 90% on which developers paid no commission  —  Ahead of its Worldwide Developer Conference on June 9, Apple on Thursday offered a new update on its global App Store business …
Dario Amodei / New York Times:
Anthropic CEO says a 10-year moratorium on AI regulation is “far too blunt an instrument” and calls for US federal transparency standards for AI companies  —  Picture this: You give a bot notice that you'll shut it down soon, and replace it with a different artificial intelligence system.
Andrew J. Hawkins / The Verge:
Walmart expands its partnership with Alphabet-owned Wing to bring drone delivery services to Atlanta, Charlotte, Houston, Orlando, and Tampa, adding 100 stores  —  Customers who shop at Walmart stores in Atlanta, Charlotte, Houston, Orlando, and Tampa will soon have the ability to request a drone deliver their online shopping orders.
Dylan Martin / CRN:
AMD says it has acquired the team behind AI inference chip developer Untether AI, a day after announcing it acquired AI software optimization startup Brium  —  The chip designer confirms to CRN that it has acquired the employees of Untether AI, a developer of AI inference chips marketed …
More: HPCwire, CRN, Evertiq AB, and TechCrunch
X: @rwang07LinkedIn: Justin Kinsey and Dylan MartinForums: r/AMD_Stock

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