| Mark Gurman / Bloomberg: |
Sources: OpenAI is weighing legal action against Apple after expectations that ChatGPT's Siri integration would generate billions in revenue fell short — Apple Inc.'s two-year-old partnership with OpenAI has become strained, according to people familiar with the matter … | Jordan Novet / CNBC: |
Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019 — Cerebras Systems soared 68% in its Nasdaq debut on Thursday, closing at $311.07 after selling shares at $185, well above the company's expected range.| Tim Craig / Washington Post: |
Gallup: 71% of Americans oppose local AI data center construction, citing water and electricity issues, with opposition higher among Democrats than Republicans — The survey found that Republicans and Democrats are uncomfortable living near a data center, but opposition is especially intense among Democrats.| Jess Weatherbed / The Verge: |
AT&T, T-Mobile, and Verizon sign an “agreement in principle” to form a joint venture that aims to end wireless dead zones in the US, without giving many details — A new joint venture has been proposed to pool spectrum resources and improve satellite capacity.| Zac Hall / 9to5Mac: |
Spotify says it will adopt Apple's HTTP Live Streaming tech later in 2026, helping Spotify creators distribute video podcast shows on Apple Podcasts and Spotify — Spotify is making two video podcast announcements today, including one related to Apple's big video podcast enhancement.| Jeffrey Dastin / Reuters: |
Anthropic and the Gates Foundation pledge $200M to use AI in health and education initiatives; the foundation signed a similar, $50M deal with OpenAI in January — Anthropic and the Gates Foundation have pledged $200 million to back artificial intelligence-related public goods … | Lorenzo Franceschi-Bicchierai / TechCrunch: |
OpenAI says two employee devices were impacted via a supply chain attack on TanStack but no user data or production systems were compromised — Earlier this week, hackers hijacked several open source projects used by dozens of companies and pushed updates designed to spread malware.| Matt Levine / Bloomberg: |
A look at GameStop's takeover bid for eBay, a bizarre job application by GameStop CEO Ryan Cohen, who does not have the money to buy eBay, to become eBay's CEO — Also Adani Green and fund formation legal fees. — GameStop — The simple model of GameStop Corp.'s proposal to acquire eBay Inc. is:| Reuters: |
Sources: the US has 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 … | Natasha Mascarenhas / Bloomberg: |
Sources: Joshua Kushner's Thrive Capital told its stakeholders that it has invested ~$100M in Shopify, framed as a bet on how AI could lead to gains in commerce — Joshua Kushner's Thrive Capital has taken a stake in Shopify Inc., according to people familiar with the matter, marking a rare bet by the venture firm on a public company.| Wired: |
As Meta prepares to lay off ~10% of its staff on May 20, sources say morale is low, and it moved 1,000+ engineers to an AI unit to build generative AI models — Next week, Meta is cutting about 10 percent of its staff. WIRED spoke with more than a dozen current and former employees … | Theo Wayt / The Information: |
Sources: 50+ researchers and engineers have left xAI since the SpaceX acquisition via layoffs, firings, and voluntary departures; many have joined Meta and TML — Call it the SpaceXAI exodus. — More than 50 researchers and engineers working on xAI's Grok models have left … | @mingchikuo: |
| Bloomberg: |
The Senate Banking Committee advances the Clarity Act, which would make CFTC the primary regulator for most digital assets while SEC oversees digital securities — Bitcoin climbed past $80,000 after the Senate Banking Committee advanced a landmark US digital asset market structure bill after months of negotiations.| 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.| Tom Warren / The Verge: |
Sources: Microsoft plans to remove most of its Claude Code licenses and push its developers toward GitHub Copilot CLI, after previously pushing Claude Code — Thousands of Microsoft developers will use GitHub Copilot CLI instead — Microsoft first started opening up access to Claude Code in December … | Christian Davies / Financial Times: |
Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers — New subsidiary pivots to energy storage batteries for AI after disastrous electric vehicle writedown — Shares in Detroit auto giant Ford surged … | Zac Hall / 9to5Mac: |
OpenAI adds remote access to Codex in the ChatGPT mobile app, letting users control Codex sessions running on a connected computer directly from a phone — OpenAI has announced a new way to interact with its Codex system from your smartphone. An update to ChatGPT for iOS is bringing remote access to Codex for Mac to the iPhone.| Zaheer Kachwala / Reuters: |
| 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| Marina Temkin / TechCrunch: |
Ian Crosby's Synthetic, which is building an AI bookkeeper, raised a $10M seed led by Khosla; Crosby founded Bench, which raised $100M+ and imploded in 2024 — Ian Crosby, whose previous startup Bench Accounting famously shut down in 2024 before being bought for scraps … | Reuters: |
The UK CMA launches an antitrust investigation into Microsoft's business software dominance, focusing on its bundling of Windows, Word, Teams, and other apps — Britain launched an antitrust investigation into Microsoft's (MSFT.O) dominance in business software that could lead to targeted action … | 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| 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) … | Antonio G. Di Benedetto / The Verge: |
Razer updates the Blade 18 with an Intel Core Ultra 9 290HX Plus chip, starting at $4000 with an Nvidia RTX 5070 Ti, up $500 from the comparable 2025 model — RAMageddon has come for the Blade 18 — and the Blade 16, too. … Razer just announced a new Blade 18 gaming laptop with an Intel Core Ultra 9 290HX Plus chip.| Kurt Wagner / Bloomberg: |
Meta President Dina Powell McCormick went with President Trump on his China trip and met King Charles III in April, indicating she's Meta's new global emissary — The social media company's vice chair is part of the group traveling with Trump to China … Tech Across the Globe| Sam Rutherford / Engadget: |
Motorola Razr Fold review: good performance and screen, great battery life, sharp cameras, and stylus support, but heavier than the Z Fold 7 and lackluster AI — rating : 8.8 / 10 — Big, bright screens - Great battery life - Surprisingly sharp cameras - Native stylus support - Good performance| Ivan Mehta / TechCrunch: |
Wirestock, which says it provides multi-modal data to six of the largest foundation AI labs, raised a $23M Series A, bringing its total funding to $26M — In the past few years, creative marketplaces and platforms have realized that they are sitting on a data gold mine …
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