| Katie Tarasov / CNBC: |
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 … | Dan Goodin / Ars Technica: |
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 … | Hugh Langley / Business Insider: |
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.| The Information: |
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 … | Jyoti Mann / The Information: |
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 … | Financial Times: |
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| Michael Acton / Financial Times: |
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| Nat Rubio-Licht / The Deep View: |
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 … | George Packer / The Atlantic: |
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 … | Dina Bass / Bloomberg: |
Crypto miner Hut 8 signs a lease worth $9.8B+ over 15 years to provide computing power to a “high-investment-grade company” at its Nueces County, Texas campus — Hut 8 Corp., a cryptocurrency miner that is shifting to developing artificial intelligence data center capacity … | Reuters: |
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 … | The Information: |
| Hannah Levitt / Bloomberg: |
Morgan Stanley rolls out a crypto trading pilot on E*Trade, charging clients lower prices than Coinbase and Robinhood, 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.| Bloomberg: |
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 … | Laith Al-Khalaf / Financial Times: |
The UK FCA says it is investigating PayPal, Mastercard, and Visa for alleged anti-competitive behavior, in a rare antitrust investigation by the regulator — Move is rare exercise of Financial Conduct Authority's competition law powers — PayPal, Mastercard and Visa are being investigated … | Financial Times: |
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| Politico: |
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 … | Jess Weatherbed / The Verge: |
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.| Financial Times: |
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| CNBC: |
Apple's R&D spending hit 10.3% of revenue in Q2, up from 7.6% in Q1 and 9% in Q2 2025, amid the AI boom; Q2 revenue rose 17% YoY, while R&D jumped 34% YoY — For the first time in at least 30 years, Apple is spending more than 10 cents of every dollar it brings in on research and development … | Daniel Cooper / Engadget: |
| The Korea Herald: |
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.| Emil Ryd / @emilaryd: |
| Max Zeff / @zeffmax: |
| Tom Warren / The Verge: |
Sources: in a reshuffle, LinkedIn CEO Ryan Roslansky will lead Microsoft's new Work Experiences Group, including Teams, after 35-year veteran Rajesh Jha retired — The departure of veteran executive Rajesh Jha has triggered big organizational changes inside Microsoft.| Anna Heim / TechCrunch: |
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 … | Juby Babu / Reuters: |
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 15%+ — Super Micro Computer (SMCI.O) on Tuesday forecast fourth-quarter revenue above Wall Street estimates, banking on robust demand … | Nicholas G. Miller / Wall Street Journal: |
Instacart reports Q1 revenue up 14% YoY to $1.02B, above $1.01B est., GTV up 13% YoY to $10.3B, and orders up 10% YoY to 91.2M, as users focus on affordability — First-quarter revenue rose 14% to $1.02 billion — Instacart reported higher first-quarter revenue and said consumers … | OpenAI: |
OpenAI launches GPT-5.5 Instant, which it says is smarter and has 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.| Scott Calvert / Wall Street Journal: |
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| Todd Feathers / Wired: |
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.| Financial Times: |
Accounting software company Visma's delayed IPO, coming amid “SaaSpocalypse” fears, is a major setback for private equity parent Hg, a software buyout giant — Delayed IPO of €19bn software group Visma was meant to be a crowning moment for PE group Hg — and London
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