| Joanna Stern / Joanna Stern's Newsletter: |
OpenAI says ChatGPT Pro users can select old models for now but plans to deprecate them in 60 days; Sam Altman says Plus users will be able to keep using GPT-4o — Mourning the model that knew you best. … RIP, ChatGPT 4o and the rest of the crew. — I won't say I'm deeply attached to GPT-4o, OpenAI's previous main model.| Michael Kan / PCMag: |
With GPT-5's launch, OpenAI has removed its older models from the ChatGPT model selector for some users, sparking backlash from them — ‘They have completely ruined ChatGPT,’ one user complains. Some are even canceling their paid subscriptions to ChatGPT, claiming GPT-5 is inferior to the company's previous models.| Cecily Mauran / Mashable: |
| Carl Franzen / VentureBeat: |
| Financial Times: |
Sources: the US has started issuing licenses to Nvidia to export H20 chips to China following weeks of inaction, after Jensen Huang met Trump on Wednesday — Jensen Huang personally lobbied president after he reversed course on sale of H20 chips — The US commerce department … | Joel Khalili / Wired: |
President Trump orders regulators to investigate banks for “politicized or unlawful debanking”, echoing allegations from conservatives and the crypto industry — In a new executive order, the US president has called on federal regulators to investigate and punish banks … | Sarah Min / CNBC: |
| Isabelle Bousquette / Wall Street Journal: |
Silver Lake unveils a $400M project to secure powered land for data center developers; it has secured 3GW of power and is developing sites in Texas and Georgia — The private-equity firm is looking to bundle land parcels with power availability, which it said is now the biggest obstacle to data-center development| Ashley Belanger / Ars Technica: |
Tech trade groups CTA and CCIA back Anthropic's appeal of a court ruling allowing a copyright class action, fearing big settlements could chill AI investment — AI industry groups are urging an appeals court to block what they say is the largest copyright class action ever certified.| Ashley Capoot / CNBC: |
Sam Altman says OpenAI should prioritize growth and its investments in training and compute “for a long time”, even if it delays its path to profitability — OpenAI CEO Sam Altman on Friday said the artificial intelligence company should prioritize growth and its investments … | Rishaj Upadhyay / Windows Report: |
Microsoft will phase out its Lens scanner app, launched in 2014 as Office Lens, starting in September; users can create new scans in the app only until December — Popular scanner app to retire soon — Microsoft is preparing to sunset another long-running product alongside the end of life for Windows 10 this year.| Mat Di Salvo / Decrypt: |
Coinbase rolls out DEX trading in its app for US users, excluding New York state, starting with assets on the Base network, with Solana support “coming soon” — The company is moving to become an “everything exchange,” its CEO said. — In brief| Aisha Malik / TechCrunch: |
Google is testing an AI-powered Google Finance website in the US, letting users ask questions, access advanced charting tools, view a live news feed, and more — Google announced on Friday that it's giving Google Finance, its tool that provides financial information and business news, an AI update.| Fortune: |
Sources: Trump's World Liberty Financial is seeking to raise $1.5B to launch a publicly traded crypto treasury company that would hold its WLFI token and cash — Eric Trump (left) and Donald Trump Jr. on stage in May at the Bitcoin 2025 conference in Las Vegas.| Kay Aloha Villamor / The SaaS News: |
Capacity, which uses AI to automate contact center support, raised $92.6M, including a $42.6M Series D and $50M in debt, bringing its total raised to $155M+ — Capacity, a St. Louis, Missouri-based AI-powered support automation platform for contact centers, has raised over $92.6 million in funding … | Jonathan Stempel / Reuters: |
Ripple and the SEC agree to dismiss their court appeals, ending a lawsuit but leaving intact a judge's injunction on XRP sales to institutions and a $125M fine — The U.S. Securities and Exchange Commission said it ended its case accusing Ripple Labs of selling unregistered securities … | Kate Clark / Bloomberg: |
Sources: Periodic Labs, which is building AI for material science, is raising $200M led by a16z, valuing the company at $1B before the investment — Venture firm Andreessen Horowitz has agreed to lead a $200 million investment in Periodic Labs, a new startup building artificial intelligence … | Ian King / Bloomberg: |
As Trump targets Intel CEO Lip-Bu Tan, a look at his VC firm Walden International, which has invested $5B+ in 600+ companies, with 100+ in China, including SMIC — For more than three decades, Lip-Bu Tan invested in the Chinese economic boom, placing the kind of no-brainer bets … | Lip-Bu Tan / Intel: |
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Ask an Expert: How to effectively recover stuck TDS refunds with reduced TDS reconciliation time — The 26AS/Form 168 gets updated quarterly and often gets checked only during the time of ITR filing.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
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| Bloomberg: |
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