Techmeme
May 13, 2026, 10:15 PM

Top News

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.
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.
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!
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 …
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.
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 …
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.
Aisha Malik / TechCrunch:
TikTok launches TikTok GO in the US for users to book hotels, attractions, and experiences directly in the app, partnering with Booking.com, Expedia, and others  —  TikTok announced on Tuesday that it's launching TikTok GO, a way for users to discover and book hotels, attractions, and experiences directly within its app.
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.
Jennifer Pattison Tuohy / The Verge:
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.
Ben Schoon / 9to5Google:
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 …
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 …
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.
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 …
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 …
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.

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