Techmeme
May 11, 2026, 11:00 AM

Top News

Berber Jin / Wall Street Journal:
Sources: OpenAI let 600+ current and former employees sell their shares in a $6.6B secondary sale in October 2025; ~75 people cashed out the maximum cap of $30M  —  Employees waited two years to sell their shares.  Then, the company let them unload $30 million.
Dustin Volz / New York Times:
Google's TIG reports the first known example of hackers using AI to discover and weaponize a zero-day; TIG's chief analyst says “this is the tip of the iceberg”  —  The company said that it had identified, for the first time, hackers using artificial intelligence to discover an unknown bug.
Jez Corden / Windows Central:
Microsoft's Playground Games accidentally uploads unencrypted PC preload files for Forza Horizon 6 to Steam, leaking the PC version before its release next week  —  It's a potentially multi-million dollar error.  Playground Games uploaded fresh pre-load files to Steam, albeit without encryption.
Carmen Reinicke / Bloomberg:
SEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation  —  Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion …
Amanda Silberling / TechCrunch:
Discord launches Nitro Rewards, giving Nitro subscribers access to offers from gaming services like Xbox Game Pass and hardware like Logitech G at no extra cost  —  Discord on Monday unveiled Nitro Rewards, which gives Nitro subscribers access to offers from other gaming and lifestyle brands for no additional cost.
Gene Maddaus / Variety:
Dua Lipa files a $15M lawsuit against Samsung in California, alleging it used her likeness to sell TVs without paying her and without permission from 2025  —  Dua Lipa has filed a $15 million lawsuit against Samsung, alleging that the electronics manufacturer used her likeness to sell TVs without paying her and without permission.
Tanaya Macheel / CNBC:
Circle raised $222M via the presale of its native Arc token at a $3B valuation; a16z led with a $75M investment, with participation from BlackRock and others  —  Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain …
Himanshu Anand:
The 90-day vulnerability disclosure policy is dead, as LLMs compress bug finding and exploit development time, and critical issues must be patched immediately  —  Table of Contents  — story 2: 30 minutes from patch to exploit  — what the industry needs to do (and I am not sugarcoating this)
CNBC:
Nvidia embraces the AI investor role in 2026, already making $40B+ in equity commitments so far, including $30B in OpenAI, $3.2B in Corning, and $2.1B in IREN  —  Nvidia stepped on the gas last year, putting cash into companies up and down the AI infrastructure stack and helping to fund businesses …

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Earlier Picks

Min-Jeong Lee / Bloomberg:
Sarah Kessler / New York Times:
Bloomberg: