| xAI: |
SpaceXAI signs an agreement with Anthropic to provide access to Colossus 1, and says Anthropic expressed interest in partnering for orbital AI 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.| Lauren Goode / Wired: |
Elon Musk says he spent time with Anthropic “to understand what they do to ensure Claude is good for humanity”; Musk called Anthropic “evil” and “misanthropic” — In an unexpected turn, the two companies signed a deal for Anthropic to use computing resources from Elon Musk's xAI.| Axios: |
Anthropic says it signed a deal with SpaceX to use “all of the compute capacity” at Colossus 1, giving it access to 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 … | Natallie Rocha / New York Times: |
At Code with Claude, Dario Amodei said Anthropic had planned to grow ~10x in 2026 but could grow 80x, calling its growth rate “crazy” and “too hard to handle” — The chief executive, Dario Amodei, said the rapid growth had exponentially increased the start-up's need for more computing power.| Anthropic: |
Following its SpaceX deal, Anthropic doubles Claude Code's five-hour rate limits for paid plans and removes the peak hours limit reduction for Pro and Max plans — We've agreed to a partnership with SpaceX that will substantially increase our compute capacity.| Michael J. de la Merced / New York Times: |
Kalshi raised $1B led by Coatue at a $22B valuation, its third round in seven months after raising $1B and $300M+, and hits $178B in annualized trading volume — The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.| Andy Greenberg / Wired: |
Researchers: 5,000+ web apps built using AI coding tools like Lovable, Base44, and Replit have little to no authentication, and ~40% exposed sensitive data — Companies like Lovable, Base44, Replit, and Netlify use AI to let anyone build a web app in seconds—and in thousands of cases … | 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,” … | Jay Peters / The Verge: |
| Amy Thomson / Bloomberg: |
Cologne-based AI translation startup DeepL plans to cut ~25% of its workforce, or ~250 staff, saying adapting to AI “means fewer layers” and “faster decisions” — DeepL, the German startup building translation tools, announced plans to cut approximately 25% of its workforce … | Anna Heim / TechCrunch: |
Khosla-backed robotics startup Genesis AI unveils GENE-26.5, its first model, which can control robotic hands that it designed in-house to do tasks like cooking — Genesis AI, a startup that raised a $105 million seed round to build foundational AI for robotics, has unveiled its first model … | Crystal Tse / Bloomberg: |
Kraken parent Payward agrees to buy Hong Kong-based Reap, which connects financial systems with digital assets, for $600M, and issues stock at a $20B valuation — The owner of crypto exchange Kraken has agreed to pay $600 million for Reap Technologies, a stablecoin-oriented provider of cross-border and business payments services.| Zheping Huang / Bloomberg: |
Moonshot, the Chinese AI startup behind the Kimi chatbot, raised ~$2B at a $20B+ valuation led by Meituan's venture arm; Moonshot's ARR hit $200M in April 2026 — Moonshot AI has raised about $2 billion in its latest funding round, signaling growing investor appetite for Chinese startups rivaling Silicon Valley's leaders.| Jonathan Vanian / CNBC: |
Snap reports Q1 revenue up 12% YoY to $1.53B, matching est., net loss down 36% YoY to $88.95M, and says it ended its $400M Perplexity deal announced in November — Snap shares dropped about 4% in extended trading after the company reported first-quarter earnings on Wednesday … | Cheng Ting-Fang / Nikkei Asia: |
MediaTek launches the first phase of its Taiwan data center, aimed at R&D, powered by Nvidia's B200 platform, and built on Nvidia's DGX SuperPOD infrastructure — MIAOLI, Taiwan — MediaTek, the world's leading mobile chip developer, is building Taiwan's most advanced AI data center … | Daniel Tudor / Financial Times: |
Source: Samsung offered to allocate ~13% of operating profit to chip division staff; unions threaten an 18-day walkout, seeking a 15% share and a 7% wage hike — South Korean unions threaten strike action in battle for big bonuses and higher wages — Samsung Electronics is locked in a feud … | John R. Quain / New York Times: |
How lidar and other tech developed for autonomous vehicles is now used in smart city systems, in-home elder care services, and major shipyards like Rotterdam — After a crush of promises in 2016 that autonomous cars would soon rule the road, companies whose tech underpinned them have shifted … | Bloomberg: |
Specialist chipmaker Silex raised ~$220M in a Stockholm IPO and jumps nearly 160% in trading, the strongest open for a sizable European IPO in almost five years — Silex Microsystems AB surged in its first day of trading on Nasdaq Stockholm after an initial public offering that raised … | Koyena Das / Reuters: |
DoorDash reports Q1 revenue up 33% YoY to $4.04B, below $4.14B est., $184M net income, and forecasts Q2 marketplace gross order value above est.; DASH jumps 4%+ — DoorDash (DASH.O) on Wednesday forecast second-quarter marketplace gross order value above analysts' estimates … | Jon Brodkin / Ars Technica: |
A US appeals court strikes down a 2023 FCC rule banning broadband access discrimination based on income, race, and more; Chair Brendan Carr welcomes the ruling — An appeals court today struck down federal rules that prohibit discrimination in access to broadband services, delivering a victory to telecom and cable lobby groups.| Bloomberg: |
UK-based Quantum Motion, which builds quantum computers on silicon chips, raised a $160M Series C; EU-backed growth fund Kembara made its first investment — Kembara, a technology growth fund backed by the European Union, made its first investment, supporting a British startup that builds quantum computers running on silicon chips.| Kwanwoo Jun / Wall Street Journal: |
Samsung says it is ceasing sales of TVs and appliances in China amid fierce competition from local brands; Samsung's TV and appliance unit lost ~$138M in 2025 — The company will continue to sell smartphones and computer chips in China — Samsung Electronics is ceasing sales of televisions … | Lingling Wei / Wall Street Journal: |
Sources: the US and China are considering recurring talks on AI security risks, with Scott Bessent leading the US side; Trump and Xi Jinping meet next week — Washington and Beijing recognize that powerful AI models could trigger crises neither side is prepared to manage| 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 … | Sangmi Cha / Bloomberg: |
Analysis: South Korea's equity market overtakes Canada's as the world's seventh largest, driven by Samsung and SK Hynix, whose stocks have more than doubled YTD — South Korea's equity market has overtaken Canada's as the world's seventh largest, propelled by insatiable demand for chips powering artificial intelligence.| Brian Halligan / @bhalligan: |
As founders race to make their companies “legible” to AI, they must keep the things that make them hard to copy “illegible”, or risk commoditizing their moat — The Case for Strategic Illegibilty
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| Michael Acton / Financial Times: |
| Ben Schoon / 9to5Google: |
| Richard Nieva / Forbes: |
| Frederic Lardinois / The New Stack: |
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| Cecilia D'Anastasio / Bloomberg: |