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May 4, 2026, 10:40 PM
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memeorandum
WeSmirchTop 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 …
More: CSO, Wall Street Journal, Axios, The Economic Times, Engadget, The Verge, The Information, Tom's Hardware, Implicator.ai, Yahoo Finance, NewsMax.com, Mashable, and Tom's Guide
X: @thomas_woodside, @bobgourley, @nicoperrino, @adamthierer, @tunguz, @luke_metro, @kevinbankston, @taylordbarkley, @beffjezos, @hamandcheese, @annmarie, @castrotech, @biancoresearch, @bradrcarson, @beffjezos, @chrisrmcguire, @hadas_gold, @yonashav, @shakeelhashim, @deanwball, @_nathancalvin, @garymarcus, @lilashroff, @tenobrus, @dnvolz, and @trevposts
Bluesky: @masnick.com, @ericjgeller.com, @karlbode.com, and @attorneynora
Forums: Hacker News, r/aiwars, r/singularity, r/ArtificialInteligence, r/Anthropic, r/OpenAI, r/politics, r/technology, r/LocalLLaMA, and Slashdot
| 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 …
More: SiliconANGLE, Reuters, The Verge, Business Standard, New York Post, Business Insider, New York Times, Wired, Australian Financial Review, NBC Bay Area, Yahoo Finance, Gizmodo, The Information, The Next Web, Financial Times, Courthouse News Service, The Tech Portal, TechCrunch, Ars Technica, and Implicator.ai
| Ashley Capoot / CNBC: |
More: NBC News, Bloomberg, Yahoo Finance, Benzinga, NewsMax.com, New York Post, MIT Technology Review, and The Verge
| 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 … | 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| 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.
X: @jackclarksf, @binarybits, @jackclarksf, @danwilliamsphil, @_nathancalvin, @emollick, @ahall_research, @jackclarksf, @mariushobbhahn, @andymasley, @petermccrory, @sjgadler, @ilex_ulmus, @jason, @krishnanrohit, @jackclarksf, @sudoraohacker, @jackclarksf, @jackclarksf, and @alexolegimas. Forums: r/singularity
| 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 and Anthropic PBC are both forming joint ventures with some of world's most recognizable financial institutions in a race … | 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 … | 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 …
More: Sierra blog, TechCrunch, SiliconANGLE, Yahoo Finance, Axios, and The Economic Times
X: @btaylor, @pitdesi, @kraneland, @gvteam, and @hughes_rhys
| 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 … | Mike Wheatley / SiliconANGLE: |
Inference cloud startup DeepInfra raised a $107M Series B co-led by 500 Global and Georges Harik; it currently supports more than 190 open models — Dedicated inference cloud startup Deepinfra Inc. is looking to expand its global capacity after raising $107 million in a Series B round … | 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: Bloomberg Law, Social Media Today, LAW.com, KYMA-TV, Breitbart, Albuquerque Journal, TechRadar, Source New Mexico, Law360, New York Post, KFOX-TV, NPR, Associated Press, and CNBC
X: @swiftstories, @moflatley, @swiftstories, @andymstone, @swiftstories, and @swiftstories. Bluesky: @vivarioarriba. Threads: @andymstone
| Meir Orbach / CTech: |
Cisco agrees to acquire Astrix Security, which helps companies monitor and control the permissions granted to AI agents, a source says for approximately $400M — The Israeli startup, backed by Menlo Ventures and Anthropic, targets growing risks from non-human identities and autonomous AI agents.
More: Cisco Blogs, SiliconANGLE, Astrix Security, The Information, CRN, and Network World. LinkedIn: Tom Alcock
| 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| Jonathan Vanian / CNBC: |
Pinterest reports Q1 revenue up 18% YoY to $1B, vs. $966M est., MAUs up 11% YoY to 631M, and forecasts Q2 revenue above estimates; PINS jumps 17%+ after hours — Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines. Shares soared 15% after the report.
More: Bloomberg, The Next Web, Investor's Business Daily, Pinterest, and Benzinga
| Mike Rogoway / Oregonian: |
Lattice Semiconductor agrees to acquire AMI for $1.65B in cash and stock; Georgia-based AMI provides firmware and infrastructure manageability for cloud and AI — Hillsboro-based Lattice Semiconductor said Monday it is buying a Georgia tech company called AMI for $1.65 billion in cash and stock …
More: Portland Business Journal, DigiTimes, Yahoo Finance, AMI, Reuters, and Lattice Semiconductor
| 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 …
More: About Amazon, Seattle Business Journal, Amazon, US ASCS, Barron's Online, The Tech Portal, Motley Fool, Benzinga, Retail Dive, UPI, New York Post, CNBC, Bloomberg, Yahoo Finance, The Verge, Financial Post, Inc.com, GeekWire, Dow Jones Newswires, The US Sun, iPhone in Canada, Blockonomi, The Post Millennial, and TechCrunch
X: @kennethnym, @austen, @trungtphan, @kentcdodds, @atshruti, @healthranger, @developerharris, @joshkale, @amazon, and @ajitpai
LinkedIn: Farzin Shadpour and Doug Herrington
| Natasha Mascarenhas / Bloomberg: |
Katie Haun raises $1B for two funds split between early and later-stage investments, looking at startups blending financial services, AI, and alternative assets — Katie Haun, a former Andreessen Horowitz general partner and federal prosecutor who made her name investigating digital assets …
More: Blockchain.News, The Next Web, TechCrunch, Decrypt, PYMNTS, and The Block
X: @alexrkonrad, @katie_haun, and @katie_haun
| 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
More: Colorado Politics, Decrypt, Axios, and Colorado Newsline
LinkedIn: Michael Richards and Bryan Leach
| 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 …
More: 9to5Mac, CNET, PYMNTS, iPhone in Canada, MacRumors, The Tech Portal, Cult of Mac, BGR, Digital Trends, AppleInsider, The Next Web, Macworld, and MacRumors
Forums: r/apple and MacRumors Forums
| 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 — US tech billionaire leads $140mn investment into Panthalassa as search for AI power pushes into exotic new frontiers
More: Portland Business Journal, Panthalassa, GeekWire, Ventureburn, Washington Examiner, TheEnergyMag, and Portland Oregon startups …
X: @brexton, @tim, @jaykapoornyc, @ramez, @tracydinunzio, @willob, @garthsc, and @tim. Forums: r/technology
| Larry Dignan / Constellation Research: |
SAP to acquire Dremio, an open data lakehouse provider, and Prior Labs, which it pledges to invest €1B in over four years, hoping to create a frontier AI lab — SAP said it will acquire Dremio, an open data lakehouse player, in a move that aims to use SAP Business Data Cloud combine SAP data with non-SAP data.
More: SAP News Center, SiliconANGLE, SAP News Center, Techstrong.ai, CIO Dive, The Next Web, Yahoo Finance, and CRN. LinkedIn: James Rowland-Jones
| 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 …
More: Duolingo, Barron's Online, and Sherwood News
| 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| 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 … Sponsor Posts
Niantic Spatial:
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.
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.
Zoho:
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 …
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 …
IDrive:
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.
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.
Anuma:
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.
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.Featured Podcasts
Training Data:
Waymo's Dmitri Dolgov: 20 Million Rides and the Road to Full Autonomy
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Grit:
How AIG Is Reinventing Insurance With AI | Peter Zaffino
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Why cultivating agency matters more than cultivating skills in the AI era | Max Schoening (Head of Product, Notion)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI's User Growth Miss, Musk vs. Altman, Prediction Market Ban
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
The Upstarts Podcast:
Runway's Cris Valenzuela: Building The Hollywood-Friendly Video AI That OpenAI Couldn't
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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