| Akshay Gangwar / Android Authority: |
Google confirms it's testing a new storage policy after some users reported that new Gmail accounts get only 5GB of free storage unless they add a phone number — Update: Google has confirmed that it's testing a 5GB storage limit for some new Gmail users, unless they add their number. — •| Mark Gurman / Bloomberg: |
Sources: OpenAI is weighing legal action against Apple after expectations that ChatGPT's Siri integration would generate billions per year in revenue fell short — Apple Inc.'s two-year-old partnership with OpenAI has become strained, according to people familiar with the matter … | Anthropic: |
In a policy paper, Anthropic urges the US and allies to enforce export controls, curb distillation attacks, and export US AI to hold the lead over China by 2028 — We're releasing a new paper that explains our views on the competition on AI between the US and China.| Meaghan Tobin / New York Times: |
Nvidia's future in China remains unclear after the Trump-Xi Summit; Trump says China “chose not to” buy Nvidia chips as “they want to try to develop their own” — The standoff comes as Chinese firms increasingly turn to domestic chipmakers like Huawei … | Associated Press: |
Musk v. Altman: in closing arguments, Musk's attorney doubled down on claims of Altman's untrustworthiness, while OpenAI's lawyer said Musk has no evidence — Lawyers for Elon Musk and OpenAI made their final arguments Thursday in the landmark trial whose outcome could shape the future of artificial intelligence.| Bloomberg: |
Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut after it raised $5.5B in the year's largest IPO, giving it a market value of $67B — Cerebras Systems Inc. shares jumped 68% in its trading debut after raising $5.5 billion in the year's largest IPO … | Jay Peters / The Verge: |
Meta rolls out new features for Ray-Ban Display glasses, including neural handwriting support for all users, and opens up the device to third-party developers — You can also now capture a video combining what you see on the lens display, what you see in the world, and the audio around you.| Carmen Arroyo / Bloomberg: |
xAI launches Grok Build, an agentic CLI for coding, building apps, and automating workflows, in beta for SuperGrok Heavy subscribers — Elon Musk's xAI is rolling out its first artificial intelligence coding agent, called Grok Build, in an attempt to catch up to Anthropic PBC's Claude on streamlining software development.| 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 released a new way to interact with its Codex app from your smartphone. An update to ChatGPT's mobile app brings remote access … | Amy Thomson / Bloomberg: |
Bill Ackman says his fund has taken a new stake in Microsoft after the company's recent share price decline; Ackman says investors have underestimated Microsoft — Bill Ackman said Pershing Square has built a new stake in Microsoft Corp., taking advantage of a decline in the company's share price … | Tanaya Macheel / CNBC: |
Gemini reports Q1 revenue up 42% YoY to $50.3M, vs. $47.9M est., announces a $100M capital injection from Winklevoss Capital Fund; GEMI jumps 22%+ after hours — Gemini Space Station, the crypto exchange founded and led by the Winklevoss brothers, saw shares surge in extended trading … | Kieran Smith / Financial Times: |
London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January — Education technology start-up raises $70mn in its first fundraising since 2022 — Euan Blair's Multiverse has raised $70mn … | @mingchikuo: |
Sources: Intel has begun testing production of “low-end/legacy iPhone, iPad, and Mac processors”; Apple thinks TSMC's resources will continue tilting toward AI — ... Apple has kicked off low-end/legacy iPhone, iPad, and Mac processors at Intel on the 18A-P series (using Foveros packaging).| Zoe Kleinman / BBC: |
The UK's HMRC tax authority announces a 10-year, £175M deal with London-based Quantexa to use its AI tech to identify fraud incidents and fix tax return errors — HM Revenue and Customs has announced a 10-year, £175m deal with the British tech firm Quantexa to provide AI-powered technology to help improve its performance.| Bloomberg: |
A profile of Amazon CEO Andy Jassy, who is killing projects, cutting staff, and pleasing Wall Street, while steering the company toward an AI-focused era — Thirteen miles north of Jackson, Mississippi, past the self-storage facilities, a Nissan factory and a Coca-Cola bottling plant … | Bloomberg: |
California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year — California Governor Gavin Newsom is proposing a new tax on cloud-based software sales, turning to the technology sector for billions … | Daniel Thomas / Financial Times: |
Ofcom says X has committed to implementing stronger protections for UK users, including reviewing illegal hate content within 24 hours, following a probe — Social media platform commits to providing faster review of reported material following regulator's investigation| 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.| Zaheer Kachwala / Reuters: |
| Meir Orbach / CTech: |
Akamai acquires Israeli cybersecurity startup LayerX Security, which develops a browser-based platform to secure employee use of AI tools, for ~$205M in cash — Deal expands Zero Trust strategy as enterprises struggle to control AI use. — Akamai Technologies is acquiring Israeli … | Todd Spangler / Variety: |
A look at Matthew McConaughey's novel legal strategy to fight unauthorized AI use of his image, which involves trademarking video and audio clips of him — The actor has secured trademarks covering his persona, hoping to deter unauthorized AI use. Will it make a difference?| Robert McMillan / Wall Street Journal: |
Security research firm Calif says it used Mythos to help build a macOS kernel memory corruption exploit circumventing Apple's Memory Integrity Enforcement tech — During tests in April, researchers found software issues in MacOS, one of the world's toughest targets for hackers| 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.| Pramugdha Mamgain / DealStreetAsia: |
Indian ride-hailing app Rapido raised $240M led by Prosus as part of a broader primary and secondary financing transaction, valuing Rapido at $3B post-money — Ride-hailing platform Rapido, operated by Roppen Transportation Services Private Limited, on Friday announced that it has raised $240 million …
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