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May 5, 2026, 9:40 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: Wall Street Journal, Axios, Engadget, CSO, The Information, Mashable, Gizmodo, Axios, Bloomberg, Techstrong.ai, Business Today, The Decoder, Noahpinion, The Economic Times, Forbes Middle East, Dow Jones Newswires, The Verge, Implicator.ai, Business Insider, Tom's Hardware, and NewsMax.com
X: @bobgourley, @nicoperrino, @adamthierer, @tunguz, @luke_metro, @kevinbankston, @shakeelhashim, @elidourado, @taylordbarkley, @beffjezos, @hamandcheese, @annmarie, @castrotech, @bcardarella, @biancoresearch, @beffjezos, @chrisrmcguire, @hadas_gold, @yonashav, @shakeelhashim, @teknium, @thomas_woodside, @deanwball, @_nathancalvin, @garymarcus, @danturrentine, @lilashroff, @tenobrus, @dnvolz, @trevposts, and @bradrcarson
Bluesky: @samsabin, @masnick.com, @attorneynora, @karlbode.com, and @ericjgeller.com
| 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: TechCrunch, Silicon Republic, The Information, Business Today, Decrypt, The Block, Wall Street Journal, CoinDesk, Business Insider, Bloomberg Law, Reuters, Benzinga, Dow Jones Newswires, Dexerto, Cointelegraph, Financial Times, Yahoo Finance, CNBC, ZeroHedge News, CryptoPotato, The Crypto Times, Irish Independent, crypto.news, NewsBTC, Bitcoin Insider, CoinGape, Bitcoin Magazine, The Stack, and Bloomberg
X: @brian_armstrong, @dkthomp, @theprimeagen, @pcaversaccio, @evgenygaevoy, @doodlestein, @geoffreyhuntley, @0xsisyphus, @jbulltard1, @stevehou, and @lisaabramowicz1. LinkedIn: Marcus Ribeiro. Forums: r/BetterOffline
| 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, 9to5Mac, MacRumors, Benzinga, Yahoo Finance, The Tech Portal, Android Authority, iPhone in Canada, The Next Web, Proactive, Blockonomi, Reuters, SammyGuru, Seoul Economic Daily, Digit, Cult of Mac, The Mac Observer, AppleInsider, DigiTimes, Simply Wall St, Tech in Asia, SamMobile, Sherwood News, and The Apple Post
X: @markgurman and @firstadopter
Bluesky: @chicagomike and @harrymccracken.com
Forums: r/apple and MacRumors Forums
| 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 … | 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, Wired, Engadget, ComputerWeekly.com, The Korea Times, and The Independent
X: @jjvincent and @shakeelhashim
| 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.| 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: Business Today, 9to5Mac, SammyGuru, Cult of Mac, Benzinga, XimiTime, Livemint, and AppleInsider
| 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: The Information, Unchained, Bloomberg, and Forbes
X: @packym, @meigga, @0xnairolf, @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 … | Tim Fernholz / TechCrunch: |
| 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, Engadget, Axios, Financial Times, Reuters, and NIST
| @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: MacRumors, Digit, and Android Authority
| 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 … | 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| 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 …
| 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| 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, DigiTimes, and Semafor
| 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 … | Ignacio Gonzalez / Bloomberg: |
Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre-market — Shopify Inc. shares slumped as its revenue outlook suggests growth pace may be slowing down. — The stock dropped as much as 11% … | Paige Smith / Bloomberg: |
PayPal reports Q1 net revenue up 7% YoY to $8.4B, total payment volume up 11% YoY to $464B, active accounts up 1% to 439M, and seeks $1.5B+ in cost savings — PayPal Holdings Inc. plans to cut costs and jobs as new Chief Executive Officer Enrique Lores seeks to turn around … | 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
| 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: TechCentral.ie, Mashable, Silicon UK, 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
| 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
| Bloomberg: |
How Europe is falling behind in the global crypto race, as years of delays to the ECB's digital euro leave the bloc exposed to the USD's stablecoin dominance — In the contest over the future of money, the US dollar has a huge head start — When Christine Lagarde addressed … | 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, 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, Forbes, TechRadar, Fast Company, Microsoft, Microsoft, and The AI Economy
X: @toddbishop, @thekenyeung, @microsoft365, and @microsoft
LinkedIn: Jared Spataro and Matt Firestone
| Marissa Newman / Bloomberg: |
Zyg, an AI startup by ironSource's founders to automate business functions, raised $60M led by Accel at a $500M valuation, two months after exiting stealth — Zyg, an artificial intelligence platform created by the founders of IronSource, raised funding at a $500 million valuation just two months after coming out of stealth.
More: Globes, CTech, and The Next Web
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