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May 4, 2026, 6:20 PM
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Top News

New York Times:
Sources: the Trump administration is discussing an EO to create an AI working group to examine AI oversight procedures, including vetting models before release  —  The Trump administration, which took a noninterventionist approach to artificial intelligence, is now discussing imposing oversight …
Ashley Capoot / CNBC:
Filing: Elon Musk texted Greg Brockman about settling days before trial; after being denied, he said Brockman and Altman “will be the most hated men in America”  —  Two days before Elon Musk's multi-billion-dollar lawsuit against OpenAI was slated to head to trial …
Bloomberg:
Musk v. Altman: Greg Brockman testifies that his OpenAI stake is now worth ~$30B; a Musk attorney asks why he hasn't donated $29B to OpenAI's nonprofit arm
Wall Street Journal:
Anthropic announces a JV with Blackstone, Goldman Sachs, and Hellman & Friedman that aims to sell AI tools to companies; sources: the JV is worth ~$1.5B  —  Anthropic, Blackstone and Hellman & Friedman each expected to invest around $300 million; Goldman Sachs also an investor
Seth Fiegerman / Bloomberg:
Source: OpenAI has raised $4B+ at a $10B pre-money valuation for The Deployment Company, a new joint venture that will aim to help businesses adopt OpenAI tools  —  OpenAI has raised more than $4 billion for a new joint venture that will focus on helping businesses adopt its artificial intelligence software …
Tanaya Macheel / CNBC:
Crypto stocks jump after lawmakers struck a compromise on the CLARITY Act to preserve stablecoin rewards under certain conditions; Circle's stock closed up ~20%  —  Shares of Circle surged after lawmakers over the weekend struck a compromise on the market structure bill known as the CLARITY Act …
Jack Clark / Import AI:
Anthropic co-founder explains why there's a 60%+ chance of AI systems autonomously building their successors by 2029 and the consequences of automated AI R&D  —  The first step towards recursive self improvement  —  Welcome to Import AI, a newsletter about AI research.
Christopher Mims / Wall Street Journal:
Ex-iRobot CEO Colin Angle launches Familiar Machines & Magic and unveils Familiar, a dog-like, “emotionally intelligent” robot that reacts to owner's feelings  —  The inventor behind the world-famous robot vacuum is now designing robots that form an emotional bond with their owners
Mark Gurman / Bloomberg:
Sources: Apple prepares a “Create a Pass” feature for iOS 27, which lets users take a QR code and generate a custom pass around it for concerts and other venues  —  Apple Inc. is preparing a new “Create a Pass” feature for its next major iPhone software update …
Reuters:
Amazon debuts Supply Chain Services, which lets companies use its logistics network to move, store, and deliver everything from raw materials to final products  —  Amazon.com (AMZN.O) is opening the supply-chain network that has powered its operations for decades to other businesses …
Kate Rooney / CNBC:
Bret Taylor's Sierra, which sells AI customer service agents, raised a $950M Series E led by Tiger and GV at a $15.8B post-money valuation, up from $10B in 2025  —  Artificial intelligence startup Sierra is raising nearly a billion dollars in a new funding round, CNBC has learned …
Nicola M White / Bloomberg:
Elon Musk agrees to pay $1.5M to settle SEC allegations that he cheated Twitter shareholders in 2022 by failing to disclose 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 …
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 …
Bloomberg:
Nearly 20 US state-run health insurance exchanges include ad trackers that send user data like race and citizenship info to companies like Meta, TikTok, Google  —  Nearly all of the 20 state-run health insurance exchanges in the US have added advertising trackers that transmit user activity …
Akash Sriram / Reuters:
Duolingo reports Q1 revenue up 27% YoY to $292M, vs. $288.5M est., bookings up 14% to $308.5M, and expects slower growth in Q2; DUOL drops 12%+ after hours  —  Duolingo (DUOL.O) posted strong first-quarter results but signaled a more measured growth trajectory ahead, as the language-learning …
Dylan Martin / CRN:
Intel taps Alex Katouzian, an ex-Qualcomm EVP, to lead Client Computing & Physical AI group, and names Pushkar Ranade as CTO, after serving on an interim basis  —  With the hiring of Alex Katouzian, who was responsible for mounting a new challenge against Intel's PC dominance …
Ben Weiss / Fortune:
Trump's World Liberty Financial countersues Tron founder Justin Sun, alleging defamation, contract violations, and more  —  One of the Trump family's biggest early crypto backers is now a foe.  In response to claims of fraud by billionaire Justin Sun, the Trump-backed crypto firm World …
Alex Bronzini-Vender / New York Magazine:
Inside Palantir Foundation's Atlantic and Pacific Forum at Yale for invited students: State Dept. and Palantir staff share a vision of mixing AI and state power  —  At a quiet conference at Yale, the company and its allies sketched a vision for AI, state power, and how to mix the two.
Bloomberg:
eBay's stock jumps 5% to $109.33, below GameStop's $125/share acquisition offer, in a sign investors see hurdles to completing a deal; GameStop stock drops 10%  —  Meme Stock GameStop Pitches $56 Billion eBay Takeover  —  Video Player is loading.  —  Unmute  —  Current Time 0:00 Loaded: 36.28% Playback Rate
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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:20 PM ET, May 4, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ren LaForme / Poynter:
2026 Pulitzer Prize winners: WaPo for Public Service for its DOGE coverage, The Minnesota Star Tribune for Breaking News, and AP for International Reporting

Max Tani / Semafor:
A look at Trump's embrace of slightly less-well-known conservative media figures and Iran war hawks like WaPo columnist Marc Thiessen and Fox News' Mark Levin

Gene Maddaus / Variety:
Blake Lively and Justin Baldoni settle their legal battle over the 2024 film It Ends With Us, avoiding a federal trial that was scheduled to begin in two weeks

More News

Jaspreet Singh / Reuters:
Palantir reports Q1 revenue up 85% YoY to $1.63B, vs. $1.54B est., US government revenue up 84% to $687M, and US commercial revenue up 133% to $595M
New York Times:
Former Trump and Biden AI advisers Dean Ball and Ben Buchanan urge bipartisan action on AI security risks, including tighter export controls and safety audits
Reuters:
Investment and tech firm Long Lake says it will buy corporate travel operator Amex GBT for $6.3B, citing AI's ability to modernize the business travel sector
Tim Bradshaw / Financial Times:
Panthalassa, which aims to power floating data centers using energy generated by ocean waves, raised $140M led by Peter Thiel, source says at a $1B valuation
Jonathan Vanian / CNBC:
The jury-less bench trial phase of Meta's child safety case in NM begins today to determine if Meta's actions were a public nuisance and warrant product changes

Earlier Picks

Anton Shilov / Tom's Hardware:
Jensen Huang said Nvidia's market share of AI accelerators in China has “now dropped to zero” and that the US' export policy “has already largely backfired”
Wall Street Journal:
An analysis of 1.6M Polymarket accounts since November 2022: 0.1% of users get 67% of the profits, with the highest-frequency traders seeing the most success
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
More: The Decoder.  LinkedIn: Chris Adams and Mark Butcher
Bluesky: @aethien and @westbywest.  Mastodon: @davidgerard@circumstances.run
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