| 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: |
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, according to a person with knowledge of the matter.| 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!| 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.| 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 … | 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.| 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.| 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.| 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 … | 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.| 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.| 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 … | 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 … | 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 … | 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.| 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 … | 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.| 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.| Jared Perlo / NBC News: |
OpenEvidence, an AI-powered medical search tool, says it's used by two-thirds of US physicians, or ~650K doctors, and an additional 1.2M doctors internationally — OpenEvidence, an AI-powered medical search tool, has become a fast friend to America's doctors and is now used by nearly two-thirds of physicians.| 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 … | 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 … | 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 … | 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 … | 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 … | 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.| The Information: |
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