| 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.| Jay Peters / The Verge: |
Meta rolls out new features for its Ray-Ban Display glasses, including neural handwriting support for all users, and opens 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.| 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 … | Carmen Arroyo / Bloomberg: |
xAI launches Grok Build, an agent and CLI for coding, building apps, and automating workflows, in early beta, available first 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 … | 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 … | 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.| 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| 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 … | Zoe Kleinman / BBC: |
The UK's HMRC tax authority announces a 10-year, £175M deal to use London-based Quantexa's AI tech to help 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.| 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 … | Bloomberg: |
A profile of Amazon CEO Andy Jassy, who is killing projects, cutting staff, and assuring investors, all while also placing staggeringly expensive bets on AI — Thirteen miles north of Jackson, Mississippi, past the self-storage facilities, a Nissan factory and a Coca-Cola bottling plant … | 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 … | 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?| 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| 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 … | 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 … | Bloomberg: |
Kioxia reports record Q4 earnings of ~$3.8B, forecasts Q1 operating profit of ~$8.2B, and says it is planning a US listing; Kioxia shares are up 300% YTD — Kioxia Holdings Corp., the world's best-performing major stock this year, said it would list its shares in the US as it reaps the benefits … | 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 …
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