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May 14, 2026, 7:05 AM
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| Jordan Novet / CNBC: |
Cisco reports Q3 revenue up 12% YoY to $15.84B, above $15.56B est., raises its FY2026 AI orders forecast, and is cutting ~4,000 jobs; CSCO jumps 19%+ pre-market — Cisco shares soared 17% in extended trading on Wednesday after the networking company issued results and guidance that topped Wall Street's projections.
More: Cisco Blogs, Cisco, Bloomberg, Benzinga, Reuters, Silicon Valley Business …, Business Today, SFGATE, HealthcareInfoSecurity.com, The Register, SiliconANGLE, San Francisco Chronicle, Network World, U.S. Home, Originally Reported …, Dow Jones Newswires, Seoul Economic Daily, Tech in Asia, People Matters, Yahoo Finance, The Information, CRN, Fox Business, Business Insider, Bloomberg Television on YouTube, Seeking Alpha, Investor's Business Daily, Constellation Research, Reuters, Reuters, CNBC, Barron's Online, and Blockonomi
X: @layoffai, @divestech, @edzitron, @trmnl_data, @thetranscript_, @edludlow, @neilksethi, @danielnewmanuv, @brettkessler__, @stevejang, @rogoswami, @cisco, @beffjezos, and @thetranscript_
Forums: r/antiwork, r/technology, and r/StockMarket
| 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, Axios, The Decoder, and XDA Developers
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Forums: r/ZedEditor, r/ClaudeAI, r/conductorbuild, r/ClaudeAI, and r/ClaudeCode
| Emma Roth / The Verge: |
Microsoft updates Edge with new AI features, including letting Copilot gather information from open tabs and use browsing history for more relevant answers — The new features include AI podcasts, summaries, and quizzes based on what you're browsing.
More: Microsoft Edge Blog, PCWorld, TestingCatalog AI News, Digital Trends, The Decoder, Engadget, Neowin, and Thurrott
| Jordan Novet / CNBC: |
Cerebras prices its IPO at $185 per share, above the expected range of $150 to $160 per share, 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 … | AI Security Institute: |
Mythos Preview is the first AI model to complete both of the AISI's cyber ranges, which measure AI models' cyberattack capabilities; GPT-5.5 solved only one — 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 …
More: The Register, CyberScoop, and XBOW
X: @koltregaskes, @logangraham, @aisecurityinst, @deanwball, @aisecurityinst, @scaling01, @daniel_mac8, @iruletheworldmo, @arozenshtein, @aisecurityinst, @newton_cheng, @sammcallister, @matthewclifford, @giansegato, @andrewcurran_, @mooncat_is, @bcherny, @chatgpt21, @emollick, @emollick, @boazbaraktcs, and @xbow. Bluesky: @davidcrespo
| Max A. Cherney / Reuters: |
Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes — The foundation of Nvidia (NVDA.O) CEO Jensen Huang and his wife, Lori, is buying computing time from CoreWeave (CRWV.O) …
More: The Information and Benzinga
| Kenrick Cai / Reuters: |
Musk v. Altman filing: Sam Altman holds $2B+ in stakes in companies that have done business with OpenAI, including a $1.7B stake in fusion startup Helion Energy — OpenAI Chief Executive Sam Altman holds more than $2 billion in companies that have done business with the artificial intelligence company …
More: Moneycontrol and Blockonomi
| Bloomberg: |
More: The Verge, Crypto Briefing, CNBC, GeekWire, and The Tech Portal
| 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.
More: TikTok, Mashable, Forbes, Social Media Today, Euronews, The Independent, Tubefilter, PYMNTS, and PCMag
| Reuters: |
LinkedIn says it has “implemented organizational changes”; a source says it 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.
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X: @joinblind, @quinnypig, @layoffai, @mikeisaac, @mikeisaac, @layoffai, @layoffai, and @joinblind. LinkedIn: Brody Ford. Bluesky: @carnage4life
Forums: r/technology, r/Layoffs, and Slashdot
| 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 Next Web, Neowin, The Economic Times, and The Information
| 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 … | Reuters: |
Sources: the US cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made — The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far … | Wired: |
As Meta prepares to lay off ~10% of its staff on May 20, sources say morale is low, and Meta forcibly moved 1,000+ engineers to an AI unit to build GenAI models — Next week, Meta is cutting about 10 percent of its staff. WIRED spoke with more than a dozen current and former employees … | 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 and Tech in Asia
| Wall Street Journal: |
Zhaopin: Chinese graduates returning home from abroad rose 12% YoY in 2025, fueling Beijing's plans to take on Silicon Valley; China is offering big incentives — More Chinese nationals who return home after working in the U.S., called ‘sea turtles,’ are fueling Beijing's efforts to take on Silicon Valley
More: Rest of World
| Subrat Patnaik / Bloomberg: |
Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and plans to acquire data centers worth $250M to $1.5B — Blackstone Digital Infrastructure Trust Inc. raised $1.75 billion in a US initial public offering, as investors' appetite …
More: Reuters
| Maggie Eastland / Bloomberg: |
OpenAI says it would support a global AI governance body that is led by the US and includes China as a member, similar to the International Atomic Energy Agency — OpenAI would support the creation of a global governance body for artificial intelligence led by the US and including China as a member …
More: Fox Business
| Katherine Bindley / Wall Street Journal: |
ZipRecruiter: IT and CS job postings are up 14.2% YoY in April; entry-level roles fell from 8.1% a year ago to 7.4%, while senior roles grew from 38.8% to 43.1% — Layoffs keep coming but there's still a market for higher-grade talent to harness agents — It should be a tough … | Nikkei Asia: |
LY Corp launches a bid with Bain Capital to buy Kakaku.com, which operates restaurant review and booking site Tabelog, for $4B, challenging EQT's $3.75B offer — TOKYO — The operator of the Line messaging app and web portal Yahoo Japan said on Thursday it has launched a counterbid for Japan's Kakaku.com …
More: Reuters
| Aisha S Gani / Bloomberg: |
Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf — Andreessen Horowitz is making its first investment in the Gulf with a fundraise for a Saudi startup, as investors continue to sign deals despite the US-Israel war on Iran.
More: Forbes Middle East, Wamda, Financial Post, a16z, and Canadian Press
| Marina Temkin / TechCrunch: |
Canadian legaltech company Clio says its ARR has reached $500M, citing demand for its AI tools; Clio had a $5B valuation after a $500M Series G in November 2025 — While AI is now being applied to everything from healthcare to customer support, no single use case has yet been nearly as popular or lucrative as code writing.| Alex Heath / Sources: |
Sources: Google plans to announce a new Gemini model at its I/O conference next week; the model will land roughly in the class of GPT-5.5, but short of Mythos — Sources say that Google plans to announce a new Gemini model at its annual I/O conference on Tuesday.
More: PC Gamer and TestingCatalog AI News
| Kenza Bryan / Financial Times: |
Sources: climate watchdog SBTi drops proposed rules that would limit tech companies' claims that gas-fueled data centers are covered by clean energy investments — Corporate climate watchdog drops stricter proposal on net zero claims after heavy lobbying — Tech groups including Meta … | 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.| Wall Street Journal: |
Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source — Cloud and networking products—including AI servers—remained the company's largest revenue contributor
More: Dow Jones Newswires and Reuters
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