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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.| 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 … | 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.| 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.| Natallie Rocha / New York Times: |
At Anthropic's developer conference, Dario Amodei says the company could grow by 80x in 2026, and its growth rate is “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.| 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: |
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 … | 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%+ pre-market — Snap shares dropped about 4% in extended trading after the company reported first-quarter earnings on Wednesday … | Koyena Das / Reuters: |
DoorDash reports Q1 revenue up 33% YoY to $4.04B, below $4.14B est., and forecasts Q2 marketplace gross order value above estimates; DASH jumps 11%+ pre-market — DoorDash (DASH.O) on Wednesday forecast second-quarter marketplace gross order value above analysts' estimates … | 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 … | Michael Acton / Financial Times: |
Arm reports Q4 revenue up 20% YoY to $1.5B and says AGI CPU demand will drive $2B in sales in 2027 and 2028, over 2x its guidance; ARM jumps 11%+ pre-market — SoftBank-backed UK group says its first in-house semiconductor has drawn strong demand — Arm on Wednesday said demand … | Neil J Kanatt / Reuters: |
Instacart reports Q1 revenue up 14% YoY to $1.02B, GTV up 13% YoY to $10.29B, and orders up 10%, compared with a 16% growth in Q1 2025; CART closed down 8.18% — Instacart (CART.O) on Wednesday forecast second-quarter gross transaction value above Wall Street expectations and said shoppers … | 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 … | 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 … | Ben Schoon / 9to5Google: |
Google Chrome silently installs a ~4GB Gemini Nano model on desktop devices; Google says it has been there since 2024 and users can “turn off and remove” it — The ongoing march of AI features continues to go on, whether you want it to or not, and a recent update … | 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.| 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.| Zheping Huang / Bloomberg: |
Moonshot, the Chinese AI startup behind Kimi chatbot, raised ~$2B at a $20B+ valuation led by Meituan's venture arm; Moonshot's ARR topped $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.| 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| Jagmeet Singh / TechCrunch: |
Bengaluru-based Pronto, an on-demand home-help service, raised a $20M Series B extension from Lachy Groom at a $200M valuation, up from $100M in March — Lachy Groom, one of Silicon Valley's most closely watched solo investors, decided to back Indian startup Pronto just 20 minutes into his first meeting with its 24-year-old founder.| Brian Halligan / @bhalligan: |
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| Adrià Calatayud / Wall Street Journal: |
Swiss pharmaceutical group Roche agrees to acquire US-based PathAI, which makes AI diagnostic tools, for up to $1.05B, with $750M upfront, closing in H2 2026 — The pharma giant has agreed to pay $750 million upfront, with up to $300 million in additional payments subject to targets| Kate O'Keeffe / Bloomberg: |
The Pentagon's mishandled blacklisting of Alibaba and Baidu in February shows how the Trump administration is often at odds with itself on how to approach China — A mishandled blacklisting of tech giants Alibaba and Baidu gives a rare window into an administration often at odds with itself on how to approach Beijing
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