| OpenAI: |
OpenAI launches GPT-5.5 Instant, which it says is smarter, with more accurate and personalized responses, replacing GPT-5.3 Instant as ChatGPT's default model — We're updating ChatGPT's default model, available to everyone, to be smarter and more accurate, with clearer, more concise answers that feel better tailored to you.| Megan Morrone / Axios: |
OpenAI says GPT-5.5 Instant produces 52.5% fewer hallucinated claims “on high-stakes prompts covering areas like medicine, law, and finance” — - GPT-5.5 Instant is rolling out to all ChatGPT users and to the API. — Enhanced personalization is initially for Plus and Pro on the web.| 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 … | Jordan Novet / CNBC: |
Memo: Xbox CEO Asha Sharma overhauls the group's leadership, including bringing over executives from Microsoft's CoreAI engineering unit where she worked before — Microsoft Xbox CEO Asha Sharma told employees in a Tuesday memo that she's appointing new leaders, as the software company looks to return its video game unit to growth.| Jay Peters / The Verge: |
| 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 … | 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| Lola Murti / CNBC: |
| 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’| Bloomberg: |
Musk v. Altman: Greg Brockman testified about tense negotiations with Musk in 2017, saying “he knows rockets, he knows electric cars” but “does not know AI” — OpenAI President Greg Brockman testified that Elon Musk called a ChatGPT predecessor “stupid,” … | Mark Gurman / Bloomberg: |
Sources: Apple plans to let users choose from multiple third-party AI models to perform tasks like generating and editing text and images in iOS 27 — Apple Inc. will let users choose from a range of outside artificial intelligence services to power features across its software … | Shirin Ghaffary / Bloomberg: |
Anthropic unveils 10 new AI agents for the financial sector, including for drafting pitch decks, reviewing financial statements, and escalating compliance cases — Anthropic PBC unveiled a set of new artificial intelligence agents designed to handle a broader mix of financial services tasks … | 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.| @mingchikuo: |
| Jonathan Stempel / Reuters: |
Pennsylvania sues Character.AI, alleging that one of its characters posed as a psychiatrist, as the state seeks to prevent chatbots from impersonating doctors — Pennsylvania has sued the artificial intelligence company behind Character.AI to stop its chatbot from posing as doctors.| John Reynolds / Tech.eu: |
ElevenLabs raised $550M+ in its Series D, up from a previously announced $500M, adding BlackRock, Nvidia, and others as investors; its ARR passed $500M in Q1 — ElevenLabs also said it had completed it second employee share sale in less than a year. — One of the UK's most hyped AI startups today … | Kyt Dotson / SiliconANGLE: |
Subquadratic launches with a $29M seed and debuts SubQ, an LLM that uses a subquadratic sparse attention architecture to achieve a 12M-token context window — Subquadratic, a company developing a novel generative artificial intelligence model, launched today with $29 million in seed funding.| 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.| Hannah Murphy / Financial Times: |
Sources: Meta is building agentic tools, including an OpenClaw-like assistant powered by its new Muse Spark AI model to help users create AI bots — Social media platform invests in equivalent to OpenClaw that aims to seamlessly carry out everyday tasks for users| Counterpoint Research: |
| Sara Fischer / Axios: |
OpenAI rolls out a beta version of its new Ads Manager tool to advertisers in the US, making it easier for SMBs to buy ChatGPT ads on a cost-per-click basis — OpenAI has launched a self-serve advertising platform, executives said, marking a significant step in its goal of generating $2.5 billion … | Mary Ann Azevedo / Crunchbase News: |
Blitzy, which says its platform autonomously completes months of software development, raised $200M led by Northzone at a $1.4B valuation — Blitzy, an autonomous software development startup, said it has raised $200 million in a funding round that values it at $1.4 billion … | The Information: |
Source: Anthropic plans to spend about $200B on Google's cloud and chips over five years, representing 40%+ of the “revenue backlog” Google disclosed last week — When Google last month said it would supply Anthropic with an astonishing five gigawatts of server capacity … | Michael Acton / Financial Times: |
Apple reaches a $250M settlement in a CA federal court to resolve a false advertising class action lawsuit over the launch of a “personalized” Siri in 2024 — iPhone buyers sued the tech giant for touting features in 2024 that have yet to launch| Zaheer Kachwala / Reuters: |
AMD reports Q1 revenue up 38% YoY to $10.25B, Data Center revenue up 57% to $5.8B, and forecasts Q2 revenue above estimates, as AI chip demand stays strong — Advanced Micro Devices (AMD.O) forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on resilient demand … | Samantha Kelly / Bloomberg: |
Match Group reports Q1 revenue up 4% YoY to $864M, vs. $855M est., as Tinder's new user registrations grew for the first time since 2024, up 1% — Match Group Inc. reported first-quarter revenue that beat analysts' estimates as a decline in Tinder users moderated, suggesting its turnaround strategy is resonating with younger daters.| 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 …
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| Tamara Djurickovic / Tech.eu: |
| Ignacio Gonzalez / Bloomberg: |
| Todd Bishop / GeekWire: |
| Paige Smith / Bloomberg: |