| Lauren Thomas / Wall Street Journal: |
GameStop makes an unsolicited ~$56B offer to buy eBay after building a ~5% stake, offering $125/share in cash and stock, a ~20% premium on May 1's closing price — Cohen told The Wall Street Journal he wants to make eBay a ‘legit competitor to Amazon’ — GameStop Chief Executive Ryan Cohen … | Reuters: |
Cerebras seeks a valuation of up to $26.62B in its US IPO, aiming to raise $3.5B by selling 28M shares at $115 to $125 apiece in its second attempt to go public — Nvidia-rival Cerebras is seeking a valuation of as much as $26.62 billion in its U.S. initial public offering … | Wall Street Journal: |
Sources: Anthropic is finalizing a deal for a $1.5B JV with Blackstone, Goldman Sachs, Hellman & Friedman, and others to sell AI tools to PE-backed companies — Anthropic, Blackstone and Hellman & Friedman each expected to invest around $300 million; Goldman Sachs also an investor| Anton Shilov / Tom's Hardware: |
Jensen Huang said Nvidia's market share of AI accelerators in China has “now dropped to zero” and that US export policy “has already largely backfired” — US export restrictions bite. … Nvidia CEO Jensen Huang said that the company's market share of AI accelerators in China has now dropped to 0%.| Deborah Sophia / Reuters: |
Amazon debuts Supply Chain Services, allowing other companies to use its logistics network to move, store, and deliver raw materials, final products, and more — Amazon.com (AMZN.O) said on Monday it was rolling out “Amazon Supply Chain Services”, opening up its logistics network for other businesses to use.| Choe Sang-Hun / New York Times: |
How AI tools such as Naver's Talking Buddy and SuperBrain are helping South Korea's elderly ease loneliness, detect emergencies, and slow cognitive decline — In the world's fastest aging society, artificial intelligence is being used to make care calls to older adults who live alone and to fight dementia.| Wall Street Journal: |
An analysis of 1.6M Polymarket accounts since November 2022: 0.1% of users take 67% of profits, with the highest-frequency traders seeing the most success — A WSJ analysis shows a small number of accounts on Polymarket and Kalshi—often pros using data-driven algorithmic trading—take home most of the winnings| Financial Times: |
Sources: some lenders are exploring private deals to sell their data center debt, and some banks are seeking to offload their Oracle-linked loans at a discount — Global lenders explore private deals and risk transfers to cut exposure to AI boom — Banks are hunting for new ways … | Terrence O'Brien / The Verge: |
How music streaming services are adapting to the rise of AI-generated music by labeling, deranking, and demonetizing tracks, using AI detection tools, and more — The use of generative AI in pop music started almost as a gimmick. There was a sense of experimentalism to 2018's I AM AI … | Rashi Shrivastava / Forbes: |
| Ionut Arghire / SecurityWeek: |
Instructure reported a data breach on April 30; ShinyHunters added Instructure to its victims list and claims it has 3.65TB of data from ~9K institutions — Hackers disrupted services and stole names, email addresses, student ID numbers, and user messages.| Brock E.W. Turner / Axios: |
Enzo Health, whose AI tools help home health and hospice agencies automate tasks like patient intake and documentation review, raised a $20M Series A led by N47 — Enzo Health, an AI workflow company for post-acute care, raised a $20 million Series A led by N47, CEO Zach Newman tells Axios Pro exclusively.| Pieter Haeck / Politico: |
Legislators and experts criticize the EU's €20B sovereign compute data center plan, questioning whether there is demand and the plan's reliance on Nvidia GPUs — Critics argue that there's no demand for the massive computing hubs Brussels has planned.| Laurie Chen / Reuters: |
China's Linkerbot, which holds 80%+ of global dexterous robotic hands market, raised a Series B+ at a $3B valuation and seeks a $6B valuation in its next round — Chinese robotics startup Linkerbot, the global market leader in highly dexterous robotic hands for humanoids … | Michael Acton / Financial Times: |
Apple's handling of vibe coding apps draws complaints from startups like Replit and Anything, which say Apple is applying App Store rules erratically — iPhone maker warns about security risks as new software floods its review process — Apple's handling of “vibe coding” … | Jacob Shamsian / Business Insider: |
A profile of William Savitt, Sam Altman's lead lawyer against Elon Musk, who represented Twitter against Musk in 2022 and helped OpenAI's for-profit transition — - William Savitt is representing Sam Altman in Elon Musk's lawsuit trying to dismantle OpenAI.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
App Spotlight: WooCommerce for Zoho Inventory — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
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.
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.
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| Chavie Lieber / Wall Street Journal: |
| Chase DiBenedetto / Mashable: |