Corning and Nvidia partner to open three advanced manufacturing plants in North Carolina and Texas dedicated to optical tech for Nvidia, creating 3,000+ jobs  —  Nvidia, the chipmaker at the center of the artificial intelligence boom, is partnering with glassmaker Corning for three …

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

Kaspersky says Daemon Tools, a widely used app for mounting disk images, was backdoored on April 8 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 …

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

Sources and a document: Google is testing a “personal agent” codenamed Remy in the Gemini app that integrates with Google services to take actions for users  —  - Google is working on an AI agent codenamed “Remy,” according to an internal document.

Morgan Stanley rolls out a crypto trading pilot on E*Trade, charging less than Coinbase, Robinhood, and Charles Schwab, ahead of a wider launch later in 2026  —  Morgan Stanley is rolling out cryptocurrency trading on its E*Trade platform with a dig at rivals: cheaper pricing.

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 …

Finnish AI lab QuTwo, led by ex-AMD Silo AI CEO Peter Sarlin, raised a €25M angel round at a €325M valuation, and secures $23M in committed partnership revenue  —  QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million …

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 …

Google updates AI Mode and AI Overviews to add “a preview of perspectives” from firsthand sources like social media and Reddit, presented as “Expert Advice”  —  The new AI Mode and AI Overviews updates bring in perspectives from firsthand sources like social media and web forums.

OpenAI partners with Microsoft, AMD, Broadcom, Nvidia, and Intel researchers to detail the Multipath Reliable Connection (MRC) protocol to help scale compute  —  OpenAI is getting creative to deal with the industry's imminent compute crunch. … The protocol, which has been in the works for two years …

London-based Ethos, which lets companies use AI for hiring, including for voice interviews and profile analysis, raised a $22.75M Series A led by a16z  —  The London-based AI expert-matching platform, founded by ex-DeepMind and ex-McKinsey alumni, is being valued at the moment hiring is becoming …

DefiLlama: investors pulled nearly $14B from the DeFi space after North Korea-tied 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: Denver-based, Blue Owl Capital-owned Stack Infrastructure is considering selling all or some of its Asia data center operations in an up to $30B deal  —  Stack Infrastructure Inc., a data center company owned by Blue Owl Capital, is considering options including a sale of its Asia operations …

Google quietly shuts down Project Mariner, its AI agent that navigated Chrome and completed tasks on a user's 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]

Source: Alphabet is in talks with Blackstone, KKR, and EQT to let their portfolio companies access its models, after OpenAI's and Anthropic's JVs with PE firms  —  Private equity firms Blackstone, KKR and EQT are in talks with Alphabet to get their portfolio companies access to Google's AI models …

SCOTUS rejects Apple's request to temporarily block a judicial order in the Epic Games lawsuit that found Apple in violation of court-mandated App Store changes  —  WASHINGTON, May 6 (Reuters) - The U.S. Supreme Court rejected on Wednesday Apple's (AAPL.O) request to temporarily block …

A profile of David Sacks, the White House's AI and crypto adviser since December 2024, who is ruthlessly devoted to self-interest and helped pass the GENIUS Act  —  How David Sacks and the new tech right went full MAGA and captured Washington  —  the courtship between Silicon Valley and MAGA …

The UK FCA says it is investigating PayPal, Mastercard, and Visa for alleged anti-competitive behavior; Visa says it is “regarding the PayPal digital wallet”  —  Move is rare exercise of Financial Conduct Authority's competition law powers  —  PayPal, Mastercard and Visa …

Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, trips up 20% YoY to 3.6B, and a $1B revenue UK tax law hit  —  Ride-hailing company posts weaker than expected first-quarter revenues but issues optimistic outlook

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]

US labor experts and economists warn US unemployment benefits are unlikely to protect against AI job losses, and the GOP-led Congress is doing little to prepare  —  Economists aren't sure if or when artificial intelligence will cause widespread job losses.  But they do agree on one thing …

Google DeepMind takes a minority stake in the maker of Eve Online, a multiplayer role playing game set in outer space, and plans to train its tech on the game  —  Artificial intelligence research is plunging further into video games.  —  Alphabet Inc.'s AI lab, Google DeepMind …

Doc: SpaceX proposes spending $55B to begin building a Terafab chip facility in Grimes County, Texas, and estimates total capital expenditures could hit $119B  —  Elon Musk's SpaceX estimated a chip factory it plans to build along with Tesla Inc. will cost at least $55 billion …

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 …

Coupang reports Q1 revenue up 8% YoY to ~$8.5B and a ~$266M net loss, its largest since Q4 2021, after a 2025 South Korean customer data breach; CPNG drops 10%+  —  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.

AMD reports Q1 revenue up 38% YoY to $10.25B, above $9.89B est., Data Center revenue up 57% YoY to $5.8B, and forecasts Q2 revenue above est.; AMD jumps 15%+  —  Advanced Micro Devices (AMD.O) forecast second-quarter revenue above Wall Street expectations on Tuesday, helped by keen demand …

Security camera companies are embracing AI to give customers detailed descriptions of surveillance footage, which 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

Magnitt: startup funding in the Middle East and North Africa was flat YoY at $799M in Q1 amid the Iran war; Saudi VC firms are pressing ahead with fundraising  —  Saudi Arabian venture capital firms are pressing ahead with fundraising and deployment as they navigate disruptions from the regional conflict.

Accounting software company Visma's delayed €19B IPO is a major setback for London-based private equity and buyout parent company Hg amid the “SaaSpocalypse”  —  Delayed IPO of €19bn software group Visma was meant to be a crowning moment for PE group Hg — and London