Techmeme
May 15, 2026, 11:35 AM

Top News

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.
Akshay Gangwar / Android Authority:
Google confirms a new storage policy test, after some users reported that new Gmail accounts get 5GB, not 15GB, of free storage if they don't 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.  —  •
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 underestimate Microsoft 365  —  Bill Ackman said Pershing Square has built a new stake in Microsoft Corp., taking advantage of a decline in the company's share price …
Bloomberg:
Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut on May 14 after it raised $5.5B in 2026'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 …
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.
Zac Hall / 9to5Mac:
OpenAI adds remote access to Codex in the ChatGPT mobile app, letting users control Codex sessions running on a computer directly via iOS, iPadOS, and Android  —  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 …
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 …
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
Tanaya Macheel / CNBC:
Gemini reports Q1 revenue up 42% YoY to $50.3M, vs. $47.9M est., and announces a $100M strategic investment from Winklevoss Capital Fund; GEMI jumps 25%+  —  Gemini Space Station, the crypto exchange founded and led by the Winklevoss brothers, saw shares surge in extended trading after it announced …
Rebecca Bellan / TechCrunch:
A profile of AI video generation startup Runway, which is training models directly on observational data, is now valued at $5.3B, and added $40M in ARR in Q2  —  Every major AI lab is betting on language.  Runway is betting they're wrong.  —  AI video generation startup Runway doesn't have the typical Silicon Valley pedigree.
Bianca Giacobone / Latitude Media:
Gridcare, which uses AI to detect underused capacity in electric grids, raised a $64M Series A, following a $13.5M seed in 2025  —  The grid intelligence startup uses AI to unlock capacity and get data centers connected faster.  —  Gridcare has raised $64 million in an oversubscribed Series …
More: FinSMEs and Ventureburn
Todd Spangler / Variety:
A look at Matthew McConaughey's novel legal strategy to fight unauthorized AI use of his image and likeness, by trademarking video and audio clips of himself  —  The actor has secured trademarks covering his persona, hoping to deter unauthorized AI use.  Will it make a difference?
Bloomberg:
Sources: HSG, formerly Sequoia China, has set up a $3B continuation fund anchored by its ByteDance stake, offering entry into the company valued at $370B  —  HSG, the investment firm formerly known as Sequoia Capital China, has closed a $3 billion continuation vehicle anchored by a stake in ByteDance Ltd. …

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More News

Bloomberg:
Zaheer Kachwala / Reuters:
Tom Warren / The Verge:
Bloomberg:

Earlier Picks

@mingchikuo:
Mark Gurman / Bloomberg:
Lorenzo Franceschi-Bicchierai / TechCrunch:
Jeffrey Dastin / Reuters:
Jess Weatherbed / The Verge: