Source: Anthropic plans to spend ~$200B on Google's Cloud and chips over five years, representing 40%+ of the “revenue backlog” that Google disclosed last week  —  When Google last month said it would supply Anthropic with an astonishing five gigawatts of server capacity …

Apple reaches a $250M settlement in a California federal court to resolve a false advertising class action lawsuit over the 2024 launch of a “personalized” Siri  —  iPhone buyers sued the tech giant for touting features in 2024 that have yet to launch

Kaspersky says Daemon Tools, a widely used app for mounting disk images, has been backdoored in a monthlong compromise that has pushed malicious updates  —  Daemon Tools, a widely used app for mounting disk images, has been backdoored in a monthlong compromise that has pushed malicious updates …

AMD reports Q1 revenue up 38% YoY to $10.25B, above $9.89B est., Data Center revenue up 57% to $5.8B, forecasts Q2 revenue above est.; AMD jumps 7%+ pre-market  —  Advanced Micro Devices (AMD.O) forecast second-quarter revenue above Wall Street expectations on Tuesday, helped by keen demand …

Document and sources: Google is testing an agent in the Gemini app, codenamed Remy, that can integrate with Google services to take actions on a user's behalf  —  - Google is working on an AI agent codenamed “Remy,” according to an internal document.  — Remy is described as a …

Sources: Meta is building an OpenClaw-inspired agent, internally called Hatch and powered by its Muse Spark model, and an agentic shopping tool in Instagram  —  Meta Platforms is building a consumer version of the AI agent OpenClaw and a new agentic shopping tool, people familiar with the efforts said …

Super Micro reports Q3 revenue up 123% YoY to $10.24B, below $12.33B est., and forecasts Q4 revenue and adjusted profit above est.; SMCI jumps 17%+ pre-market  —  Super Micro Computer (SMCI.O) on Tuesday forecast fourth-quarter revenue above Wall Street estimates, banking on robust demand …

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.

Sources: the White House is mulling EOs to address advanced AI security risks, including barring companies from “interfering” with the government's model usage  —  A White House spokesperson said any official policy announcement would come directly from President Donald Trump …

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,” …

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 …

GlobalFoundries reports Q1 revenue up 3% YoY to $1.63B, in line with est., and forecasts Q2 revenue and adjusted earnings above est.; GFS closed up 9.28%  —  Contract chipmaker GlobalFoundries (GFS) on Tuesday beat earnings estimates on in-line sales for the first quarter.

Security camera companies are embracing AI to give customers detailed descriptions of surveillance footage that are often spot on but can also be wildly wrong  —  AI descriptions, designed to give customers more detail than generic motion alerts, are mistaking brake lights for house fires and humans for bears

Micron closes up 11% after announcing that it is shipping its highest-capacity SSD, lifting its market cap past $700B for the first time; Sandisk closed up 12%  —  Micron's historic rally continued on Tuesday, with shares of the memory maker surging 11%, lifting the company's market cap past $700 billion for the first time.

Sources: Alphabet sold its biggest-ever euro-denominated bonds, raising €9B, and its first Canadian dollar notes, raising CA$8.5B, months after raising $20B  —  Alphabet Inc. needs to borrow heavily to fund investments in artificial intelligence, and it's increasingly tapping every market to do so.

Sources: Apple plans to let iOS 27 users choose from multiple third-party AI models to perform tasks like generating and editing text and images  —  Apple Inc. will let users choose from a range of outside artificial intelligence services to power features across its software …

Match Group reports Q1 revenue up 4% YoY to $864M, above $855M est., and says 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 …

Coupang reports Q1 revenue up 8% YoY to $8.5B and a net loss of $266M following a 2025 Korean customer data breach, its largest loss since Q4 2021  —  US-listed e-commerce giant Coupang Inc. said Wednesday it swung to a net loss in the first quarter amid fallout from a massive customer data breach in South Korea.

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.

Study: using weaker AI models to supervise a more capable model could prevent the stronger model from deliberately underperforming on benchmarks and evaluations  —  New paper from MATS, Redwood, and Anthropic! If a capable model is strategically sandbagging, can we train it to stop when the only supervision we have comes from weaker models? We find that we can! Work done as part of the Anthropic-Redwood MATS stream. [image]

Google quietly shuts down Project Mariner, its Chrome-browsing AI agent for completing tasks on users' behalf, after highlighting it onstage at I/O 2025  —  NEW: Google quietly shut down Project Mariner yesterday, the web-browsing AI agent it highlighted onstage last year at Google IO. I reported for WIRED, nearly 2 months ago, that Google had moved staffers off the Project Mariner team as it responded to OpenClaw-style agents. [image]

Study: US schools with strict cellphone bans in class have not seen higher test scores on average so far, but students reported a greater sense of well-being  —  Cellphone bans got devices out of students' hands, according to the first large study.  But behavior and academics have not improved, at least so far.

A medical student reverse-engineered AI tools used by medical colleges on suspicion they were filtering his applications, highlighting AI-driven hiring concerns  —  Armed with some Python and a white-hot sense of injustice, one medical student spent six months trying to figure out whether an algorithm trashed his job application.

CRM software company Freshworks said it plans to cut 11% of its workforce, or ~500 jobs, as it deals with AI's impact; FRSH has dropped ~26% in 2026  —  Freshworks (FRSH.O) said on Tuesday it would cut 11% of its workforce, or about 500 jobs, as the business-software company navigates …

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 …

DefiLlama: investors pulled ~$14B from the DeFi sector after North Korea-linked hackers stole $290M from Aave in April, weeks after stealing $280M from Drift  —  DeFi was once touted as the future of finance but traders have grown concerned over the security of these projects

Sources: DeepSeek is in talks to raise funds, and the Big Fund, China's biggest state-backed chip fund, is seeking to lead the investment at a ~$45B valuation  —  Value soars in ongoing fundraising discussions as investors including Tencent seek slice of AI lab

Germany-based eleQtron, which develops trapped-ion quantum computing processors using proprietary tech, raised a €57M Series A led by Schwarz Digits  —  With new funding, eleQtron will scale its trapped ion quantum computing technology, expand access to its systems …