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May 13, 2026, 8:05 PM
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| Jordan Novet / CNBC: |
Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., raises its FY 2026 AI orders forecast, and is cutting ~4,000 jobs; CSCO jumps 19%+ after hours — Cisco shares soared 17% in extended trading on Wednesday after the networking company issued results and guidance that topped Wall Street's projections.
More: Bloomberg, Cisco Blogs, The Information, CRN, Cisco, Investor's Business Daily, Reuters, Yahoo Finance, Business Insider, Seeking Alpha, Reuters, CNBC, Benzinga, Constellation Research, Barron's Online, and Blockonomi
X: @rogoswami, @layoffai, @beffjezos, @edzitron, @thetranscript_, @danielnewmanuv, @brettkessler__, @stevejang, @cisco, @divestech, @trmnl_data, @edludlow, @neilksethi, and @thetranscript_. Forums: r/StockMarket
| Jordan Novet / CNBC: |
Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted — Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range …
More: Financial Times, Crunchbase News, Reuters, Barchart.com, and Tech Funding News
| Reuters: |
LinkedIn says it has “implemented organizational changes”; source: LinkedIn plans to cut ~5% of its 17,500 full-time workers and focus on business growth areas — LinkedIn planned to inform staff of layoffs on Wednesday, two people familiar with the matter told Reuters, in a widening of technology sector cuts this year.
More: Bloomberg, Business Insider, Quartz, Fast Company, International Business Times, The Next Web, Yahoo Finance, Seeking Alpha, Neowin, Silicon Valley Business …, Business Insider, Reuters, Inc.com, The American Bazaar, The Tech Portal, San Francisco Business Times, Gizmodo, Barchart.com, GeekWire, RTÉ, Stocktwits, and Irish Independent
X: @mikeisaac, @layoffai, @joinblind, @joinblind, @quinnypig, @mikeisaac, @layoffai, and @layoffai. LinkedIn: Brody Ford. Bluesky: @carnage4life
Forums: r/technology, r/Layoffs, and Slashdot
| Gyana Swain / CSO: |
Microsoft unveils MDASH, a security system that orchestrates 100+ AI agents to find vulnerabilities, and says it identified 16 previously unknown Windows flaws — The agentic tool, codenamed MDASH, will open to enterprise customers in private preview in June.| Zac Hall / 9to5Mac: |
Instagram rolls out Instants, which lets users share ephemeral photos, as an in-app feature and as a standalone Android and iOS app in select countries — Meta just launched a brand new iPhone app called Instants. Built around ephemeral photo sharing, the new social media app is also the latest Instagram feature.
More: Meta Newsroom, Instagram, CNET, Mashable, Business Insider, Social Media Today, PetaPixel, Wired, MacRumors, WLTX-TV, Inc.com, iClarified, iPhone in Canada, USA Today, TechCrunch, Digital Trends, Droid Life, Engadget, and WeRSM
X: @muerteyromance, @me____likex, @me____likex, @popbase, @todd_possum, @me____likex, @me____likex, @arishouses, @locketcamera, @me____likex, @aboutsaez, @fonsmans, and @me____likex. LinkedIn: Josh Phillips
| Lucas Ropek / TechCrunch: |
Anthropic launches Claude for Small Business, featuring a host of automated services like bookkeeping functions, business insights, and tools for ad campaigns — Anthropic is looking to court smaller companies. To that end, the company announced Wednesday the launch of Claude for Small Business …
More: Anthropic, PYMNTS, Thurrott, 9to5Mac, Fast Company, The Verge, Canva, The Deep View, Inc, and Crypto Briefing
| Jennifer Pattison Tuohy / The Verge: |
Amazon is replacing its Rufus AI shopping assistant with Alexa for Shopping, which is powered by Alexa+, on Amazon.com and its app, for all customers in the US — The company is giving its AI-powered assistant special shopping skills on its website and app.
More: About Amazon, PCMag, Good e-Reader, Android Police, Adweek, Customer Experience News, Barron's Online, Phandroid, Los Angeles Times, CNBC, iPhone in Canada, Android Authority, MediaPost, TechCrunch, Morningstar, The Information, GeekWire, Blockonomi, Digital Trends, Axios, Investor's Business Daily, The Next Web, The Aisle, and Thurrott
| AI Security Institute: |
Mythos Preview is the first AI model to complete both of AISI's cyber ranges, which measure models' cyberattack capabilities; GPT-5.5 solved only one of them — In February 2026, we internally estimated that the length of cyber tasks AI models could complete had doubled every 4.7 months since late 2024 … | Lily Hay Newman / Wired: |
Meta debuts Incognito Chat in WhatsApp and the Meta AI app, letting users talk to Meta AI without Meta being able to access the conversations — The company says its new Incognito Chat allows you to use its AI chatbot without anyone else—including Meta—being able to access your conversations.
More: Meta Newsroom, WhatsApp Blog, TechCrunch, CNET, Gizmodo, MacRumors, 9to5Mac, Social Media Today, Reuters, BBC, TestingCatalog AI News, Press Trust of India, PCMag, Quartz, FoneArena.com, WABetaInfo, The Tech Portal, The Indian Express, iPhone in Canada, Moneycontrol, Dallas Express, Help Net Security, Engadget, iClarified, Harper Carroll AI on YouTube, HardwareZone Singapore, The Next Web, Thurrott, Android Authority, The Decoder, CyberInsider, WeRSM, Premium Times Nigeria, Digital Trends, Firstpost, Digit, and Gadgets 360
Bluesky: @carnage4life and @caseynewton
Threads: @zuck, @zuck, @zuck, @vishalshahis, @chriscox, @fredbenenson, and @chriswelch. Forums: MacRumors Forums
| Carl Franzen / VentureBeat: |
Anthropic unveils Claude Agent SDK credits for paid plans, which users can allocate for programmatic use of third-party agents like OpenClaw, starting June 15 — Good news, OpenClaw fans — you can once again use your Claude AI subscription to power the hit, open source, autonomous AI agentic harness!
More: Claude and XDA Developers
X: @claudedevs. Threads: @ericflo. Forums: r/ClaudeAI, r/ClaudeCode, r/ClaudeAI, and r/conductorbuild
| Ben Schoon / 9to5Google: |
Google says Chromebooks will get support through their “existing date commitment”, and “many” models are “eligible to transition” to the Googlebook experience — During The Android Show earlier today, Google revealed its “Googlebook” …
More: The Verge, YouTube, Chrome Unboxed, XDA Developers, How-To Geek, ZDNET, PCMag, Android Police, Gizmodo, Gamereactor UK, iClarified, and Neowin
| Sheera Frenkel / New York Times: |
Anduril raised a $5B Series H led by Thrive and a16z at a $61B valuation, up from $30.5B in June 2025, taking its total funding to $6.82B, and could IPO in 2027 — The start-up, which makes A.I.-backed weapons, was valued at $61 billion in the financing round, double what it was a year ago.
More: Anduril, SiliconANGLE, Reuters, CNBC, Bloomberg, ZeroHedge News, GeekWire, Quartz, The Next Web, Tectonic Defense, Yahoo Finance, Crunchbase News, Ventureburn, crypto.news, TechCrunch, Business Insider, and Financial Times
X: @anduriltech, @shashj, @stocksavvyshay, @anduriltech, @mtslive, @ktmboyle, @shashj, and @dowcto
| Invest Like The Best on YouTube: |
Q&A with Anthropic CFO Krishna Rao on the “cone of uncertainty” in AI, allocating compute, returns to frontier intelligence, platform vs. application, and more — In this episode of Invest Like The Best, Patrick O'Shaughnessy sits down with Anthropic CFO Krishna Rao … | Russell Brandom / TechCrunch: |
Adaption, co-founded by ex-Cohere VP of AI research Sara Hooker, unveils AutoScientist, which can automate the research loop behind model training and alignment — For years, AI researchers have anticipated the moment when AI systems will be able to improve themselves better than humans could.
More: Adaption, Implicator.ai, and Axios
X: @sarahookr, @sarahookr, @sarahookr, @adaption_ai, @sudip_r0y, @sarahookr, and @sethbannon
| Bloomberg: |
Sources: Mistral has been developing a cybersecurity-focused AI model and has held discussions about it with European banks, which don't have access to Mythos — French artificial intelligence startup Mistral AI is in discussions with European banks about deploying its answer to Anthropic PBC's Mythos …
More: Semafor, CyberScoop, Reuters, Nikkei Asia, and nltimes.nl
| Robbie Whelan / Wall Street Journal: |
UK chip startup Fractile raised a $220M Series B led by Factorial Funds, Accel and Founders Fund to make specialized logic and memory chips for inference — Factorial Funds, Accel and Peter Thiel's Founders Fund invest in company — The U.K. chip startup Fractile said it has raised …
More: Fractile, Bloomberg, The Next Web, DatacenterDynamics, Sifted, Tech Funding News, Tech.eu, and FinSMEs. LinkedIn: Stan Boland
| Reuters: |
Sources: Microsoft is in discussions to acquire LLM developer Inception; SpaceX also courted Inception, which is looking for a price of over $1B — Microsoft (MSFT.O) is shopping for artificial-intelligence startups as the software company prepares for a future independent of its once-vital partner OpenAI …
More: The Information
| Ashlee Vance / Core Memory: |
Q&A with Alexandr Wang on rebuilding Meta's AI stack, Muse Spark, personal superintelligence, Meta acquiring Assured Robot Intelligence, Sam Altman, and more — Last June, Meta pried Alex Wang away from Scale AI, the company he co-founded and ran, in a deal valued at $14 billion.| Michelle Del Rey / USA Today: |
Trump Mobile says T1 Phone preorders will begin shipping to customers this week and that the first T1 phones were assembled in the US, after months of delays — Trump Mobile phones are being shipped this week, the company exclusively confirmed to USA TODAY in an email May 11.| Sean McLain / Wall Street Journal: |
Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered robots for manufacturing tasks, raised $400M, source says at a $3.4B valuation — Funding for AI-powered industrial robot project now exceeds $1 billion — Mind Robotics, the startup founded by Rivian Chief Executive RJ Scaringe …
More: Reuters, SiliconANGLE, TechCrunch, Pulse 2.0, Mind Robotics, and Proactive
X: @ilyaf, @sarahdingwang, and @kleinerperkins
| Kate Clark / Wall Street Journal: |
Investor docs: Anthropic's revenue run rate is on track to hit $50B by the end of June; Ramp says more of its customers now use Anthropic than OpenAI, a first — After years as also-ran, startup pulls ahead in AI race after focusing on enterprise users and coding
More: VentureBeat, The Decoder, TechCrunch, and New York Times
X: @arakharazian, @8teapi, and @gcockfoster
| CNBC: |
Nvidia says Jensen Huang has joined President Trump on his China trip; source: Trump called Huang to ask him to join after seeing media coverage of his absence — BEIJING — Nvidia CEO Jensen Huang has joined U.S. President Donald Trump's trip to China, after initial indications the executive had not been invited.
More: Reuters, PC Gamer, Barron's Online, Breitbart, Tech Times, Associated Press, The Information, Reuters, The Daily Wire, Sinocism, Silicon Valley Business …, Truthout, Bloomberg, Yahoo Finance, The Japan Times, Forbes, New York Magazine, Dow Jones Newswires, Fast Company, The Hill, Investor's Business Daily, The American Bazaar, TBPN, Watcher Guru, South China Morning Post, and Bloomberg
X: @elonmusk, @elonmusk, @annmarie, @osint613, @gonglei89, @ryanfedasiuk, @rnaudbertrand, @liqian_ren, @kristinaparts, @laraleatrump, @zerohedge, @firstadopter, @gordocda, @bscholl, @the_ai_investor, @wholemars, @jimcramer, @dipwheeler, @osint613, @katiadoyl, @stevehou, @josh_wingrove, @mirandanazzaro, and @annmarie. Truth Social: @realDonaldTrump …
Forums: r/wallstreetbets and r/StockMarket
| David Keohane / Financial Times: |
SoftBank reports Q4 net income up 3x to ~$11.6B, above ~$1.5B est., driven by a $25B+ gain in its OpenAI stake; its OpenAI investment will hit $64.6B by October — Japanese group books net income of $11.6bn in fourth quarter, vastly ahead of analyst expectations
More: Reuters, Yahoo Finance, and The American Bazaar
| Bloomberg: |
Tencent reports Q1 revenue up 9% YoY to ~$28.9B, below ~$29.4B est., net income up 21% YoY to ~$8.5B, meeting est., and capex up 16% YoY, amid a costly AI pivot — Tencent Holdings Ltd. reported its slowest revenue growth in six quarters, underscoring the urgency around its costly AI pivot …
More: BusinessDay and Wall Street Journal
| Emma Roth / The Verge: |
Netflix says its ad tier now has 250M monthly active viewers, up from 94M in 2025, and is expanding to 15 new countries, as it tests an ad personalization tool — The streaming service's ad-supported tier now reaches 250 million viewers each month. … For the second year in a row … | New York Times: |
Analysis: a16z is the largest known donor in the current US midterm election cycle, spending $115.5M so far on pro-crypto, pro-AI, and Republican Super PACs — The biggest donor in the midterm elections is not Elon Musk, or George Soros, or any of the other billionaires who are often thought to wield the fattest wallets in politics.
More: Gizmodo and Semafor
X: @chafkin, @jeff_bilbro, @michaelkruse, @teddyschleifer, @accass, and @jeffjarvis
Bluesky: @evansutton, @masnick.com, @marypcbuk, @agelston, and @justinhendrix. Mastodon: @jeffjarvis@mastodon.social
| Bloomberg: |
Analysts: China's AI hardware suppliers face capacity constraints and component shortages, including of optical and electronic chips, that could throttle growth — China's artificial intelligence hardware suppliers have a problem: keeping up with insatiable demand for their products.
More: Implicator.ai and Bloomberg
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