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May 5, 2026, 10:40 AM
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| New York Times: |
Sources: the Trump administration is discussing an EO to form an AI working group that would examine AI oversight procedures, like vetting models before release — The Trump administration, which took a noninterventionist approach to artificial intelligence, is now discussing imposing oversight …
More: Engadget, Wall Street Journal, Axios, Metacurity, WDIO-TV, CSO, The Information, Mashable, Bloomberg, Axios, Gizmodo, Gamereactor UK, Techstrong.ai, The Decoder, Business Today, Noahpinion, Forbes Middle East, The Economic Times, Dow Jones Newswires, The Verge, Tom's Hardware, Business Insider, Implicator.ai, Tom's Guide, and NewsMax.com
X: @nicoperrino, @beffjezos, @bobgourley, @luke_metro, @kevinbankston, @shakeelhashim, @elidourado, @taylordbarkley, @hamandcheese, @bcardarella, @beffjezos, @chrisrmcguire, @hadas_gold, @teknium, @thomas_woodside, @danturrentine, @tenobrus, @dnvolz, @trevposts, @_nathancalvin, @tunguz, @biancoresearch, @yonashav, @castrotech, @deanwball, @garymarcus, @adamthierer, @shakeelhashim, @lilashroff, @annmarie, and @bradrcarson
Bluesky: @samsabin, @masnick.com, @attorneynora, @karlbode.com, and @ericjgeller.com
| Bloomberg: |
The US Commerce Department's CAISI says Google, Microsoft, and xAI join OpenAI and Anthropic in granting early access to evaluate models prior to public release — Alphabet Inc.'s Google, Microsoft Corp. and xAI have agreed to give the US government early access to their artificial intelligence models …
More: Wall Street Journal, Tom's Hardware, Benzinga, PYMNTS, Engadget, The Verge, NIST, Reuters, Axios, MediaPost, The Next Web, and Financial Times
| Bloomberg: |
Sources: Apple held exploratory talks with Intel and Apple executives visited a Samsung plant in Texas to explore producing core chips for its devices in the US — Apple Considers Using Intel, Samsung to Build Device Processors — Video Player is loading. — Unmute
More: Tom's Hardware, Benzinga, 9to5Mac, Spyglass, Yahoo Finance, The Tech Portal, Android Authority, MacTech.com, MacRumors, MacDailyNews, iPhone in Canada, The Next Web, Blockonomi, SammyGuru, Seoul Economic Daily, Digit, Cult of Mac, Proactive, The Mac Observer, AppleInsider, DigiTimes, Simply Wall St, Tech in Asia, SamMobile, Reuters, Sherwood News, The Apple Post, and Notebookcheck
X: @patrickmoorhead, @markgurman, and @firstadopter
Bluesky: @chicagomike and @harrymccracken.com
Forums: r/apple and MacRumors Forums
| Reuters: |
Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying “AI is changing how we work” — Coinbase (COIN.O) said on Tuesday it will cut about 700 jobs, or about 14% of its global workforce …
More: Business Insider, TechCrunch, Barron's Online, DL News, Silicon Republic, Yahoo Finance, The Information, Business Today, Decrypt, The Block, Wall Street Journal, CoinDesk, Bloomberg Law, Forbes, Benzinga, Mashable, Dow Jones Newswires, Reuters, Dexerto, CBS News, Cointelegraph, Financial Times, Newser, Bitcoin Insider, ZeroHedge News, Irish Independent, CryptoPotato, The Crypto Times, CNBC, crypto.news, NewsBTC, The Stack, Bitcoin Magazine, and CoinGape
X: @brian_armstrong, @dkthomp, @theprimeagen, @pcaversaccio, @evgenygaevoy, @doodlestein, @geoffreyhuntley, @0xsisyphus, @stevehou, @lisaabramowicz1, and @jbulltard1. LinkedIn: Marcus Ribeiro
Forums: r/Buttcoin and r/BetterOffline
| Alice Speri / The Guardian: |
Letter: UK-based Google DeepMind workers voted to unionize with the Communication Workers Union and Unite in April, representing 1K+ staff, amid the US DOD deal — Exclusive: Worker pointed to Iran war and Pentagon's Anthropic feud as indications the department is ‘not a responsible partner’
More: The Verge, Business Insider, The Economic Times, Wired, Engadget, The Next Web, ComputerWeekly.com, The Korea Times, and The Independent
X: @jjvincent and @shakeelhashim
| Emma Roth / The Verge: |
Meta is using AI on Facebook and Instagram to detect under-13 users by analyzing bone structure, height, and visual cues, but says it's “not facial recognition” — ‘We want to be clear: this is not facial recognition,’ Facebook says. … Facebook and Instagram have a new way to detect … | Emily Nicolle / Bloomberg: |
Crypto exchange Bullish agrees to acquire UK-based financial services outsourcing business Equiniti from Siris Capital for $4.2B, set to close in January 2027 — Bullish agreed to buy Equiniti from Siris Capital in a $4.2 billion deal, as the crypto exchange seeks to expand in blockchain-based capital markets infrastructure.| @mingchikuo: |
Kuo: OpenAI appears to be fast-tracking its AI agent phone with two NPUs and a custom MediaTek Dimensity 9600 SoC, targeting mass production as early as H1 2027 — 【Industry Check Update】OpenAI appears to be fast-tracking its first AI agent phone, with mass production targeted as early as 1H27. Potential drivers include supporting a year-end IPO narrative and intensifying competition in AI agent phones. MediaTek currently appears better
More: 9to5Mac, MacRumors, Digit, and Android Authority
| Nicola M White / Bloomberg: |
Elon Musk agrees to pay $1.5M to settle US SEC allegations that he cheated Twitter shareholders in 2022 by not disclosing the 5%+ stake he had in the company — Elon Musk agreed to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders out of millions … | Counterpoint Research: |
In Q1, the iPhone 17 was the world's best-selling smartphone, with 6% of global sales; the iPhone 17 Pro Max and 17 Pro were 2nd and 3rd, and Galaxy A07 was 4th — Harshit Rastogi is Senior Analyst based out of Gurgaon, India. He closely tracks global handset market ecosystem and wearables.
More: Digit, Business Standard, 9to5Mac, Business Today, SammyGuru, Benzinga, Cult of Mac, XimiTime, Livemint, and AppleInsider
| Alexandra Alter / New York Times: |
Hachette, Macmillan, McGraw Hill, Elsevier, and Cengage, alongside novelist Scott Turow, file a class-action copyright lawsuit against Meta and Mark Zuckerberg — The class-action lawsuit accuses the tech giant and its founder and chief executive of infringing on authors' copyrights.
More: Reuters
| Yogita Khatri / The Block: |
a16z crypto raised $2.2B for its fifth fund, down from its record $4.5B Fund 4 in May 2022, taking its total capital raised across five funds to ~$9.8B — Quick Take — a16z crypto has raised $2.2 billion for its fifth fund as the venture capital firm points to growing use of stablecoins …
More: Decrypt, Fortune, CoinDesk, The Information, Unchained, Forbes, The Crypto Times, Bloomberg, and Coinpedia Fintech News
X: @0xsharvil, @packym, @meigga, @0xnairolf, @digiii, @sungmo_apac16z, @a16zcrypto, and @cdixon
| Bloomberg: |
Musk v. Altman: Greg Brockman testifies that his OpenAI stake is now worth almost $30B; a Musk attorney asks why he didn't donate $29B to OpenAI's nonprofit arm — OpenAI co-founder and President Greg Brockman testified that his stake in the startup is now worth almost $30 billion …
More: The Information, The Verge, San Francisco Business Times, The Verge, SiliconANGLE, The Hans India, Business Insider, New York Times, Implicator.ai, Associated Press, Sherwood News, The Indian Express, Seoul Economic Daily, Benzinga, Digit, Local News Matters, NBC News, Reuters, Wired, Yahoo Finance, Agence France-Presse, and CNBC
| Tim Fernholz / TechCrunch: |
| Ram Iyer / TechCrunch: |
Seattle-based CopilotKit, whose popular AG-UI protocol lets developers deploy app-native AI agents, raised a $27M Series A led by Glilot, NFX, and SignalFire — Many companies today provide AI simply as a chatbot inside their apps: you type in (or dictate) what you want it to do, and the AI bot goes and tries to do it.
More: CTech
| Tamara Djurickovic / Tech.eu: |
Dutch quantum processor company QuantWare raised a $178M Series B from Intel, In-Q-Tel, and others to build KiloFab, a dedicated quantum manufacturing facility — QuantWare will use new funding to scale its quantum processor technology, expand manufacturing capacity, and accelerate … | John Gruber / Daring Fireball: |
Source: YC owns ~0.6% of OpenAI, which was seeded by a YC offshoot called YC Research in 2016; at OpenAI's current $852B valuation, the stake is worth $5B+ — Speaking of companies with valuable minority stakes in AI companies, there's one thing that stuck in my craw about the blockbuster …
| Nikkei Asia: |
Sources: China targets 70%+ of silicon wafers used by its chipmakers to be made domestically by 2026; chipmakers see an unspoken mandate to use local 12" wafers — TAIPEI — China is aiming for more than 70% of silicon wafers used by its chipmakers to be made domestically by this year …
More: eeNews Europe, Tom's Hardware, and DigiTimes
| Kimberley Kao / Wall Street Journal: |
Vodafone plans to take full ownership of its VodafoneThree joint venture with Hong Kong conglomerate CK Hutchison, which agrees to sell its 49% stake for £4.3B — The deal is expected to be completed in the second half of 2026 — Vodafone Group will take full ownership of its joint venture …
More: RTÉ, DatacenterDynamics, The Register, TelecomTV, Mirror, Mobile Europe, Telegraph, Total Telecom, Broadband TV News, Forbes, TechRadar, The Irish Times, Capacity, Tech in Asia, The Guardian, ISPreview UK, The Independent, South China Morning Post, BusinessCloud, Dow Jones Newswires, and Bloomberg
| Berber Jin / Wall Street Journal: |
Sources: Sam Altman discussed spinning out OpenAI's robotics and consumer hardware divisions in late 2025 to give them more room to grow; the plan was rejected — Company is considering an Alphabet-like structure for its portfolio of products, though no discussions are currently active
More: Yahoo Finance
| Paige Smith / Bloomberg: |
PayPal reports Q1 revenue up 7% YoY to $8.4B and plans $1.5B+ in savings over the next 2-3 years, a source says including a ~20% workforce cut; PYPL drops 10%+ — PayPal Holdings Inc. plans to cut around 20% of its workforce in the next two to three years, according to a person familiar with the matter … | Meghan Bobrowsky / Wall Street Journal: |
RadixArk, led by former xAI employee Ying Sheng, raised a $100M seed at a $400M valuation to make AI inference more efficient via its open-source SGLang engine — RadixArk has raised $100 million at a $400 million valuation for a software engine and framework that make inference and training more efficient to run| Semiconductor Industry Association: |
Global chip sales hit $298.5B in Q1 2026, up 25% from Q4 2025, and March sales were up 79.2% YoY to $99.5B, driven by strong sales in Asia and the Americas — Worldwide chip sales in March increase 79.2% year-to-year, 11.5% month-to-month — The Semiconductor Industry Association (SIA) …
X: @siaamerica
| Nilay Patel / The Verge: |
Q&A with Uber CEO Dara Khosrowshahi on his plan to make Uber an everything app, Uber's AI integrations, Uber's large investments in autonomous cars, and more — Uber's CEO on his plan to make Uber an everything app and take over travel. … Today, I'm talking with Uber CEO Dara Khosrowshahi.
More: Moneycontrol and YouTube
| Diana Novak Jones / Reuters: |
New Mexico child safety trial: New Mexico asks a judge to declare Meta a public nuisance and to order it to pay $3.7B and overhaul its apps to protect children — The U.S. state of New Mexico on Monday asked a judge to declare Meta Platforms (META.O) a public nuisance …
More: The Verge, Silicon UK, TechCentral.ie, Mashable, Santa Fe New Mexican, Social Media Today, LAW.com, Bloomberg Law, Source New Mexico, KYMA-TV, Law360, Albuquerque Journal, New York Post, Breitbart, TechRadar, KFOX-TV, NPR, Associated Press, and CNBC
X: @swiftstories, @andymstone, @swiftstories, @swiftstories, @swiftstories, and @moflatley. Bluesky: @vivarioarriba. Threads: @andymstone
| Ignacio Gonzalez / Bloomberg: |
Shopify reports Q1 revenue up 34% YoY to $3.17B, above $3.12B est., GMV up 35% YoY to $100.74B, and forecasts slower Q2 revenue growth; SHOP drops 10%+ — Shopify Inc. shares slumped as its revenue outlook suggests growth pace may be slowing down. — The stock dropped as much as 11% …
More: Investor's Business Daily, Yahoo Finance, Wall Street Journal, and Shopify
| Paula Doenecke / Bloomberg: |
Nscale agrees to spend €695M on infrastructure in Portugal in an expansion of its Microsoft partnership, supplying 66K+ Nvidia Rubin GPUs from late 2027 — Nscale Global Holdings has agreed to spend €695 million ($812 million) on infrastructure in Portugal in an expansion of its partnership with Microsoft Corp.
More: DatacenterDynamics, The Next Web, TheEnergyMag, Nscale, and Telecompaper
| Todd Bishop / GeekWire: |
Microsoft's 2026 Work Trend Index: a survey of 20K AI users finds 65% fear falling behind, but only 13% report being rewarded for experimenting with AI at work — [Editor's Note: Agents of Transformation is an independent GeekWire series, underwritten by Accenture, exploring the adoption and impact of AI and agents.
More: CNET, Microsoft 365 Blog, Microsoft, Microsoft, Fast Company, Fast Company, Forbes, TechRadar, and The AI Economy
X: @toddbishop, @thekenyeung, @microsoft365, and @microsoft
LinkedIn: Sophie Wade, Jared Spataro, and Matt Firestone
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