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Techmeme
May 5, 2026, 1:35 AM
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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 …
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  —  OpenAI co-founder and President Greg Brockman testified that his stake in the startup is now worth almost $30 billion …
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”
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 …
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 …
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
@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
Bluesky: @gamerlearner
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.
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 …
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  —  Palantir Technologies (PLTR.O) beat Wall Street estimates for first-quarter revenue on Monday, driven by rising demand for its data analytics software …
Owen Tucker-Smith / Wall Street Journal:
As Colorado tech leaders say that burdensome regulations are driving companies away, lawmakers introduce a slimmer version of an AI anti-discrimination bill  —  Proposed AI bill has many wondering whether state's regulations killing its entrepreneurial spirit
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
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 …
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 …
Peter Loftus / Wall Street Journal:
How AI is transforming the pharma industry, with most gains so far from back-office streamlining and faster manufacturing rather than breakthrough drug research  —  Drug companies like Eli Lilly and Roche are racing to build supercomputers to help fix the 90% failure rate in drug development
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:35 AM ET, May 5, 2026.

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From Mediagazer

Jazz Monroe / Pitchfork:
Sources: nearly all staff at music outlets BrooklynVegan, Alternative Press, Revolver, and Goldmine appear to have been laid off by Veeps, owned by Live Nation

Etan Vlessing / The Hollywood Reporter:
FuboTV reports Q3 revenue up 38% YoY to $1.48B, a $25.7M net loss, vs. a $38M loss a year earlier, and North American subscribers up 2% to 5.75M; FUBO jumps 12%

News Corp:
News Corp reports Q4 revenue up 11% YoY to $2.34B, net income up 167% YoY to $230M, news media revenue up 5% YoY to $545M; WSJ subscriptions grew 6% YoY to 4.8M

More News

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
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
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
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
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

Earlier Picks

Ben Weiss / Fortune:
Trump's World Liberty Financial countersues Tron founder Justin Sun, alleging defamation, contract violations, and more
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%
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
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
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”
More: Nikkei Asia, YouTube, and Yahoo Finance
X: @scsp_ai.  LinkedIn: Ylli Bajraktari.  Forums: r/business, r/China, and r/pcmasterrace
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
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