| 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.| Lily Hay Newman / Wired: |
Meta debuts Incognito Chat in WhatsApp, an AI chat mode built on Private Processing that lets users talk to Meta AI without Meta being able to access the chats — 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.| 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.| 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.| 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” … | Google DeepMind: |
| 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: |
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.| 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.| 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 … | 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| Mike Isaac / New York Times: |
| 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.| Cade Metz / New York Times: |
Richard Socher's Recursive Superintelligence raised $650M+ from GV, Greycroft, Nvidia, AMD, and others at a $4B valuation to pursue “recursive self-improvement” — Recursive Superintelligence, founded by former Google, Meta and OpenAI researchers, is part of a growing effort … | 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 … | 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| 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: |
Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI — China's twin leaders in artificial intelligence reported revenue that fell short of estimates, signaling the challenges … | 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 … | 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.| Ashlee Vance / Core Memory: |
Q&A with Alexandr Wang on rebuilding Meta's AI stack, launching Muse Spark, personal superintelligence, acquiring Assured Robot Intelligence, 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.| 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 … | 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.| 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.| Rafe Rosner-Uddin / Financial Times: |
Q&A with Panos Panay, SVP of Devices, Alexa, and Leo, on Alexa+, Amazon's focus on devices for the home, delivering affordable broadband to everyone, and more — Executive tasked with driving ‘beauty’ and profitability at group's device unit on hardware push that follows Alexa+| Bloomberg: |
A profile of California Rep. Ro Khanna, who spent years cheering on the tech industry and now supports a 5% billionaire wealth tax and stricter AI regulations — Ro Khanna spent years cheering on the tech industry and building ties with wealthy donors. Now he's pitching himself … | Agnieszka Barteczko / Bloomberg: |
Poland says it plans to continue working on a digital services tax of up to 3% on large digital platforms, despite the US' threats of retaliation, like tariffs — Poland will continue working on legislation to tax digital platforms, Finance Minister Andrzej Domanski said … | Bloomberg: |
Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments — Microsoft Corp. has spent more than $100 billion on its partnership with OpenAI, a sum that underscores the significance … | 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 … | Molly Taft / Wired: |
Internal emails: xAI has added 19 gas turbines to Colossus 2 over the past two months; xAI is fighting a lawsuit alleging Clean Air Act violations at the site — Emails show that Elon Musk's company is expanding its use of portable gas-fired power at its Colossus 2 site as a fight over air quality continues.| Katherine Davis / Axios: |
German quantum MRI imaging startup NVision raised a $55M Series B led by Abbott at a $250M to $300M valuation, and plans a $100M+ Series C later in 2026 — NVision, a German quantum imaging technology company, on Wednesday said it has raised a $55 million Series B.
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| OpenAI Global Affairs: |
| Sam Tabahriti / Reuters: |
| Viola Zhou / Rest of World: |
| Tamara Djurickovic / Tech.eu: |
| Lora Kolodny / CNBC: |
| Lily Hay Newman / Wired: |