| xAI: |
SpaceX signs an agreement with Anthropic to provide access to Colossus 1, and says Anthropic expressed interest in partnering for orbital compute capacity — SpaceXAI has signed an agreement with Anthropic to provide access to Colossus 1, one of the world's largest and fastest-deployed AI supercomputers.| Anthropic: |
Following its SpaceX deal, Anthropic doubles Claude Code's five-hour rate limits for paid plans and removes peak hours limit reduction for Pro and Max plans — We've agreed to a partnership with SpaceX that will substantially increase our compute capacity.| Axios: |
Anthropic says it signed a deal with SpaceX to use “all of the compute capacity” at Colossus 1, giving it access to over 300 MW of new capacity within the month — Anthropic said Wednesday it has struck a deal to gain access to compute capacity from Elon Musk's SpaceX … | Jay Peters / The Verge: |
Musk v. Altman: Mira Murati testifies that Sam Altman lied to her about the safety standards for a new OpenAI model and that he made her work more difficult — OpenAI's former CEO testified under oath that Altman lied to her. … Mira Murati, OpenAI's former CTO, has testified under oath … | Carly Nairn / Courthouse News Service: |
Musk v. Altman: Shivon Zilis testifies her relationship with Musk didn't influence her duties as an OpenAI board member; she left in 2023 after Musk started xAI — “When the father of your babies starts a competitive effort and starts recruiting from OpenAI there is nothing to be done,” … | Ryan Whitwam / Ars Technica: |
Google releases Multi-Token Prediction drafters for its Gemma 4 models, which use a form of speculative decoding to guess future tokens for faster inference — Google launched its Gemma 4 open models this spring, promising a new level of power and performance for local AI.| Financial Times: |
Uber reports Q1 revenue up 14% YoY to $13.2B vs. $13.3B est., gross bookings up 25% to $53.7B vs. $52.9B est., forecasts Q2 bookings above est.; UBER jumps 8.5% — Ride-hailing company posts weaker than expected first-quarter revenues but issues optimistic outlook| Jonathan Vanian / CNBC: |
Snap reports Q1 revenue up 12% YoY to $1.53B, in line with est., and says it ended its $400M Perplexity deal announced in November; SNAP drops 4%+ after hours — Snap shares dropped about 4% in extended trading after the company reported first-quarter earnings on Wednesday … | Neil J Kanatt / Reuters: |
Instacart reports Q1 revenue up 14% YoY to $1.02B, GTV up 13% to $10.29B, and orders up 10%, compared with a 16% growth a year earlier; CART drops 8.18% — Instacart (CART.O) on Wednesday forecast second-quarter gross transaction value above Wall Street expectations and said shoppers … | Ben Schoon / 9to5Google: |
Google Chrome silently installs a ~4GB Gemini Nano model on desktop devices; Google says it has been offered since 2024 and users can remove it via settings — The ongoing march of AI features continues to go on, whether you want it to or not, and a recent update to Google Chrome probably installed … | Koyena Das / Reuters: |
DoorDash reports Q1 revenue up 33% YoY to $4.04B, vs. $4.14B est., and forecasts Q2 marketplace gross order value above estimates; DASH jumps 11%+ after hours — DoorDash (DASH.O) on Wednesday forecast second-quarter marketplace gross order value above analysts' estimates … | 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.| Michael Acton / Financial Times: |
Arm reports Q4 revenue up 20% YoY to $1.5B, says AGI CPU demand will drive $2B in sales in 2027 and 2028, over 2x its prior guidance; ARM jumps 11%+ after hours — SoftBank-backed UK group says its first in-house semiconductor has drawn strong demand — Arm shares jumped 10 per cent … | Debby Wu / Bloomberg: |
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 … | Cecilia D'Anastasio / Bloomberg: |
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 … | Reuters: |
Sources: DeepSeek is in talks to raise $3B to $4B led by China's national AI fund, valuing DeepSeek at up to $50B — Chinese AI startup DeepSeek could be valued at up to $50 billion in its maiden fundraising drive, three sources said, as the large language model builder seeks to reverse … | Frederic Lardinois / The New Stack: |
Anthropic updates Claude Managed Agents with “dreaming”, a scheduled process that reviews recent work and updates memory, available in research preview — In April, Anthropic launched the public beta of Managed Agents, its platform for running AI agents on its infrastructure.| Dana Goldstein / New York Times: |
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.| Hannah Levitt / Bloomberg: |
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.| Mike Scarcella / Reuters: |
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 … | Bloomberg: |
Sources: Microsoft is considering delaying or dropping its 2030 goal of matching its hourly power use with renewable energy purchases, amid the data center boom — Microsoft Corp. may shelve one of the industry's most ambitious clean-energy targets as it tries to remove hurdles that could hold … | 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 … | Richard Nieva / Forbes: |
Corgi, which provides insurance for startups and uses AI to generate quotes, manage claims, and more, raised a $160M Series B led by TCV at a $1.3B valuation — Named after the company-owned dog, Corgi embodies the sometimes-absurd San Francisco startup scene. Now it's worth $1.3 billion, after raising $160 million.| 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 — The courtship between Silicon Valley and MAGA was consummated on June 6, 2024, in San Francisco's Pacific Heights neighborhood … | Jen Judson / Bloomberg: |
Scale AI wins a $500M DOD contract through the Chief Digital and AI Office to help sift data and assist in decision-making, after receiving a $100M deal in 2025 — The Pentagon awarded a $500 million contract to Meta Platforms Inc.-backed Scale AI to help sift through data and assist in decision-making … | Nicholas G. Miller / Wall Street Journal: |
Nvidia invests $500M in Corning, which will grow its US optical connectivity capacity by 10x and expand its US fiber production capacity by 50%+; GLW jumps 12% — Corning will boost its U.S.-based optical connectivity manufacturing capacity by ten times — Nvidia is investing $500 million … | Katie Tarasov / CNBC: |
| Diana Novak Jones / Reuters: |
Filing: Meta asks a judge to overturn the jury's verdict in the Los Angeles social media addiction trial or order a new trial, citing Section 230 protections — Meta Platforms (META.O) has asked a Los Angeles judge to throw out a jury's verdict finding the company liable for a woman's depression …
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