| 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 … | 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| 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 … | CJ Haddad / CNBC: |
Cerebras co-founders CEO Andrew Feldman and CTO Sean Lie own stakes worth $3.2B and $1.7B, respectively, representing about 5.5% and 3% of the company — The tech billionaires club has two new members after Cerebras' blockbuster IPO lifted the chipmaker's market cap close to $100 billion.| 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.| 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 … | @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).| 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.| 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 … | Zaheer Kachwala / Reuters: |
| 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.| 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.| 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 … | 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.| Mike Wheatley / SiliconANGLE: |
UK-based Iceotope, which develops data center liquid cooling tech, raised a $26M Series B co-led by Two Seas Capital and Barclays Climate Ventures — Liquid cooling system startup Iceotope Technologies Ltd. said today it has closed on a $26 million Series B round of funding as it strives … | 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 … | 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 … | 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 — Multiverse raises $70mn in its first fundraising since 2022 — Euan Blair's Multiverse has raised $70mn from investors … | 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.| George Hammond / Financial Times: |
Sources: Anthropic has agreed to the terms of a $30B fundraising at a $900B valuation, with Sequoia, Dragoneer, Greenoaks, and Altimeter co-leading the round — AI lab has tapped Dragoneer, Greenoaks, Sequoia Capital and Altimeter Capital to lead new round| 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 …
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