| Lip-Bu Tan / Intel: |
Intel CEO Lip-Bu Tan tells his employees the company is engaging with the Trump administration to address concerns about him and “ensure they have the facts” — A message from Intel CEO Lip-Bu Tan to all company employees. — The following note from Lip-Bu Tan was sent … | Ian King / Bloomberg: |
| Lauren Thomas / Wall Street Journal: |
| Michael Kan / PCMag: |
With GPT-5's launch, OpenAI has removed its older models like GPT-4o and o3 from the ChatGPT model selector, sparking a backlash from some users — ‘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.| Jay Peters / The Verge: |
During its GPT-5 livestream, OpenAI showed two charts that had scales all over the place, with Sam Altman later calling one “a mega chart screwup from us” — CEO Sam Altman called a strange graph in its GPT-5 presentation a ‘mega chart screwup.’| Cecily Mauran / Mashable: |
GPT-5's system card says gpt-5-thinking has a hallucination rate of 4.5% with browsing enabled, compared to gpt-5-main's 9.6%, GPT-4o's 12.9%, and o3's 12.7% — The AI company boasts state-of-the-art performance across math, coding, writing, and health advice.| Carl Franzen / VentureBeat: |
| Simon Willison / Simon Willison's Weblog: |
| Edward Ludlow / Bloomberg: |
Sources: Tesla is disbanding the Dojo supercomputer team, and its leader is leaving, after ~20 team members joined DensityAI, a new data center services startup — Tesla Inc. is disbanding its Dojo team and its leader will leave the company, according to people familiar with the matter … | 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: |
| 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 … | Jonathan Stempel / Reuters: |
Ripple and the SEC agree to dismiss their court appeals, ending a lawsuit but leaving a judge's injunction on XRP sales to institutions and a $125M fine intact — The U.S. Securities and Exchange Commission said it ended its case accusing Ripple Labs of selling unregistered securities … | Bloomberg: |
Sources: China told local brokers and think tanks to stop promoting stablecoins by publishing research or holding seminars, aiming to prevent market instability — China told local brokers and other bodies to stop publishing research or hold seminars to promote stablecoins, seeking to rein in the asset class to avoid instability.| Bloomberg: |
Sources: SoftBank purchased Foxconn's EV plant in Ohio for $375M, a move aimed at kickstarting its $500B Stargate data center project with OpenAI and Oracle — SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group's electric vehicle plant in Ohio … | Zac Hall / 9to5Mac: |
Apple says Apple Intelligence will use OpenAI's GPT-5 on iOS 26, iPadOS 26, and macOS Tahoe 26, with the software updates expected to arrive in September — Earlier today, OpenAI announced GPT-5, its latest model to power ChatGPT. The new frontier model is a significant leap forward in a lot of areas.| Ryan Vlastelica / Bloomberg: |
Trade Desk's stock drops 35%+ after the company's latest earnings and projections heightened concerns about its growth prospects amid Amazon's ad-tech threat — Trade Desk Inc. analysts are bailing on the one-time market favorite amid growing fears that its advertising technology will get steamrolled by Amazon.com Inc.'s offerings| Bloomberg: |
Sources: Meta picks Pimco and Blue Owl to lead a $29B financing for its Louisiana data center expansion, providing $26B in debt and $3B in equity, respectively — Meta Platforms Inc. has selected Pacific Investment Management Co. and Blue Owl Capital Inc. to lead a $29 billion financing … | Financial Times: |
Sources: Marc Andreessen complained to the UK government last week about the Online Safety Act and called for a reprimand of technology secretary Peter Kyle — Venture capitalist's intervention comes amid backlash to sweeping new internet legislation — Marc Andreessen … | Meghan Bobrowsky / Wall Street Journal: |
Sources: TBD Lab, a team under Meta Superintelligence Labs that houses many researchers poached from rival labs, is spearheading work on Llama's newest version — Group is spearheading work on the latest version of Llama, the large language model that is Meta's answer to ChatGPT| Matt Burgess / Wired: |
Leaked spreadsheets, Slack messages, and files linked to an alleged group of North Korean IT scammers show how they track potential jobs and record earnings — Spreadsheets, Slack messages, and files linked to an alleged group of North Korean IT workers expose their meticulous job-planning and targeting … | Duncan Riley / SiliconANGLE: |
Decart, which offers real-time generative video and GPU optimization tech to cloud providers and AI companies, raised a $100M Series B at a $3.1B valuation — Artificial intelligence developer Decart.AI Inc. today announced that it has raised $100 million in new funding on a $3.1 billion valuation … | Annie Palmer / CNBC: |
OpenStore is scaling back its e-commerce aggregation, closing nearly all its 40+ Shopify stores it acquired and rebranding under its Jack Archer menswear label — When venture capitalist Keith Rabois got into e-commerce, he couldn't stop buying brands. Now, everything must go.| Marina Temkin / TechCrunch: |
Source: Windsurf's gross margins are “very negative”; many believe the same margin pressure is impacting Cursor, Lovable, Replit, and other vibe coding tools — In February, AI coding startup Windsurf was in talks to raise a big new round at a $2.85 billion valuation led by Kleiner Perkins … | Zico Ghosh / The Hollywood Reporter: |
A look at the impact of AI voice cloning on India's dubbing and voiceover sector, as artists demand consent, credit, and fair pay amid a lack of laws for AI use — As AI voice cloning in films becomes a reality, India's dubbing artists are demanding consent, credit and fair pay … | Financial Times: |
Analysis: 12 Chinese tech companies have applied to list in Hong Kong so far this year, the most since 2023, after rules allowed lossmaking companies to float — The territory has made a series of reforms that have helped fuel an IPO boom — A rush of Chinese tech companies has applied …
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| Lauren Edmonds / Business Insider: |
| Abner Li / 9to5Google: |
| Janko Roettgers / The Verge: |
| Jennifer Maas / Variety: |
| MacKenzie Sigalos / CNBC: |