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May 13, 2026, 8:40 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, San Francisco Chronicle, The Information, CRN, Cisco, Investor's Business Daily, Dow Jones Newswires, SFGATE, Reuters, Tech in Asia, Yahoo Finance, Business Insider, Reuters, Constellation Research, Seeking Alpha, Benzinga, CNBC, Barron's Online, and Blockonomi
X: @layoffai, @edzitron, @thetranscript_, @danielnewmanuv, @brettkessler__, @stevejang, @cisco, @divestech, @trmnl_data, @edludlow, @neilksethi, @rogoswami, @beffjezos, and @thetranscript_
Forums: r/technology and 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 … | 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, Tech in Asia, Fast Company, The Next Web, International Business Times, 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.| 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 … | 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, Wired, Inc.com, iClarified, PetaPixel, iPhone in Canada, USA Today, TechCrunch, Digital Trends, WLTX-TV, MacRumors, 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
| 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
| 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, and Inc
| 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, CNET, The Information, PCMag, Good e-Reader, Customer Experience News, Android Police, Adweek, Barron's Online, CNBC, iPhone in Canada, Android Authority, Phandroid, MediaPost, TechCrunch, Morningstar, GeekWire, Blockonomi, Digital Trends, Axios, Investor's Business Daily, The Next Web, The Aisle, and Thurrott
| 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, 9to5Mac, MacRumors, Social Media Today, Reuters, BBC, 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, TestingCatalog AI News, WeRSM, Premium Times Nigeria, Digital Trends, Firstpost, Digit, and Gadgets 360
Bluesky: @carnage4life and @caseynewton
Threads: @zuck, @zuck, @zuck, @vishalshahis, @chriscox, @fredbenenson, and @chriswelch
| 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
| 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 … | 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, ZeroHedge News, GeekWire, Quartz, The Next Web, Tectonic Defense, Yahoo Finance, Crunchbase News, Ventureburn, crypto.news, TechCrunch, Bloomberg, Business Insider, and Financial Times
X: @anduriltech, @shashj, @stocksavvyshay, @anduriltech, @mtslive, @ktmboyle, @shashj, and @dowcto
| 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
| 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: GeekWire and The Information
| 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: CyberScoop, Semafor, Politico, Reuters, 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
| 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.| Carmen Arroyo / Bloomberg: |
Sources: Apollo Global, Morgan Stanley, and others are testing Grok internally as part of xAI's finance sector push, but financiers are rarely using it for work — Elon Musk's xAI has recruited multiple Wall Street firms with ties to the billionaire's business empire to test its Grok chatbot …
More: PYMNTS, Tech in Asia, and WeRSM
| 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: Silicon Valley Business …, Reuters, Mind Robotics, SiliconANGLE, TechCrunch, Pulse 2.0, and Proactive
X: @ilyaf, @sarahdingwang, and @kleinerperkins
| 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.
More: Reuters, CNET, PhoneArena, One America News Network, The Verge, Mashable, The Hill, Washington Examiner, PCMag, Fortune, Gizmodo, Bangor Daily News, Engadget, and Neowin
| 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 … | 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, TechCrunch, The Decoder, and New York Times
X: @arakharazian, @8teapi, and @gcockfoster
| 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
| 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: The American Bazaar
| Bloomberg: |
Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up 106% YoY to ~$3.7B in part due to investments, as it seeks to monetize AI — China's twin technology leaders reported revenue that fell short of estimates, signaling the challenges in translating higher AI spending into profits.
More: Bloomberg, Tech in Asia, The Information, and Wall Street Journal
| Bloomberg: |
Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on OpenAI, including its investments and to build infrastructure — Microsoft Corp. has spent more than $100 billion on its partnership with OpenAI, a sum that underscores the significance …
More: The Verge, Windows Central, and The Tech Portal
| Foo Yun Chee / Reuters: |
Apple files an EU submission criticizing draft DMA measures that would require Google to give competing AI services access to Android apps, citing privacy risks — Apple (AAPL.O) on Wednesday echoed Google's criticism of EU antitrust regulators' efforts to force the search giant …
More: 9to5Mac, AppleInsider, MacRumors, MacTech.com, and iClarified
Forums: r/apple and MacRumors Forums
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