| CNBC: |
Musk v. Altman: the jury unanimously rejects Elon Musk's claims against Sam Altman, finding that the claims were filed outside of the statute of limitations — After less than two hours of deliberations, a jury on Monday rejected Elon Musk's claims against OpenAI CEO Sam Altman … | Elon Musk / @elonmusk: |
| Jay Peters / The Verge: |
Sony is hiking the starting price of one-month and three-month PlayStation Plus subscriptions in “select regions”, blaming “ongoing market conditions” — One-month and three-month PlayStation Plus subscriptions are getting more expensive.| Jason Schreier / @jasonschreier.bsky.social: |
| Amrith Ramkumar / Wall Street Journal: |
Anthropic last week began letting Mythos users share cybersecurity threats with others who may face similar vulnerabilities, modifying its previous stance — How to restrict access while still allowing users to share threat information is a major challenge facing AI companies| Grant Bourzikas / Cloudflare: |
| Cursor: |
Cursor releases Composer 2.5, saying it's better at sustained work on long-running tasks and follows complex instructions more reliably; it's built on Kimi K2.5 — Composer 2.5 is now available in Cursor. — It's a substantial improvement in intelligence and behavior over Composer 2.| Todd Spangler / Variety: |
Amazon's Alexa+ now produces AI-generated “podcasts” on various topics in the US, featuring chats between two AI “co-hosts”, using content from media outlets — The podcast sector suddenly may have a big new player: Amazon's Alexa+ AI-powered voice assistant.| Natalie Lung / Bloomberg: |
Uber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it “has no intent to acquire 30% or more” of Delivery Hero's voting rights — Uber Technologies Inc. has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambitions … | Omkar Godbole / CoinDesk: |
Nasdaq-listed Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy, blaming “increasingly stringent compliance obligations” — Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.| Tracy Qu / Wall Street Journal: |
Baidu reports Q1 revenue down 1.1% YoY to ~$4.7B, above ~$4.5B est., and net income down 55% YoY to ~$506.6M, above ~$462.5M est., amid a slow AI payoff — First-quarter net profit fell 55% from a year earlier — Baidu recorded another sharp profit drop and a fourth straight quarter … | Eli Tan / New York Times: |
Internal memo: Meta is reassigning 7,000 workers to four new units focused on building AI tools, two days before it is set to lay off 10% of its workforce — The company announced the changes two days before it plans to lay off 10 percent of its work force, or about 8,000 employees.| CJ Haddad / CNBC: |
Seagate shares drop 6.87%, leading a group-wide sell-off after comments from its CEO raised concerns it won't be able to meet demand fueled by the AI buildout — Shares of memory chip maker Seagate closed down more than 6% Monday, leading a group-wide sell-off, after comments … | Jackson Chen / Engadget: |
X quietly limits users who didn't pay for verification to “50 original posts and 200 replies per day”, down from 2,400 posts per day — That's down from the previous 2,400 posts per day limit. — X has introduced some more incentive to get users to pay for “verification” … | Golnar Motevalli / Bloomberg: |
Iranian media: Iran launches “Hormuz Safe”, a Bitcoin-backed insurance service for shipping companies transiting the Strait of Hormuz; ~1,500 ships are trapped — Iran has started a Bitcoin-backed insurance service for shipping companies that want to transit the Strait of Hormuz … | Emily Forgash / Bloomberg: |
NextEra's $67B deal to buy Dominion, the largest utility merger in US history, signals a new era of utility consolidation to accommodate AI-driven power demand — NextEra Energy Inc.'s $67 billion deal for rival Dominion Energy Inc., the largest utility acquisition in US history … | Bloomberg: |
Sources: AI chip designer Tenstorrent has drawn takeover interest from Intel and Qualcomm; Tenstorrent could be valued at more than $5B in a potential deal — Artificial intelligence chip startup Tenstorrent Inc. is drawing early takeover interest from prospective buyers at a moment … | Theo Baker / New York Times: |
A college senior at Stanford describes how AI has changed classes: cheating using AI “has become omnipresent” with students “fudging just about everything” — At Stanford University, where I am a senior, tech chief executives are something like rock stars.| Cristian Dina / The Next Web: |
| Kirsten Korosec / TechCrunch: |
Anthropic acquires NYC-based Stainless, which generates SDKs from APIs, and plans to wind down its hosted products, after reportedly discussing a $300M+ deal — Anthropic announced Monday it has acquired Stainless, a startup founded by former Stripe engineer Alex Rattray whose software … | Carmen Arroyo / Bloomberg: |
Internal chats: in March, xAI offered employees $420 in exchange for completed tax filings as training data for Grok, but the bonuses haven't been paid out — Elon Musk's xAI asked employees earlier this year to offer up their own tax returns as training data for the company's Grok chatbot … | Flavia Rotondi / Bloomberg: |
The Vatican says Anthropic co-founder Christopher Olah will join Pope Leo on May 25 to launch the pope's first encyclical, setting out his views on the AI age — Pope Leo XIV's launch of his first encyclical focusing on artificial intelligence next week will feature an unexpected guest: Christopher Olah, co-founder of Anthropic.| James Hunt / The Block: |
Strategy acquired 24,869 bitcoin for ~$2.01B at an $80,985 average price from May 11 to May 17, taking its holdings to 843,738 BTC, or 4%+ of the total supply — Quick Take — Strategy has purchased another 24,869 BTC for approximately $2.01 billion at an average price of $80,985 per bitcoin … | Alessandra Ram / Wired: |
How the AI industry's intense pressure to keep up and its financial rewards are creating “walls of resentment” between Silicon Valley workers and their spouses — Are you married to a man who's obsessed with AI? I'm so, so sorry. — If i had to listen to another minute … | Joseph Cox / 404 Media: |
Procurement records: the FBI seeks a vendor that can provide access to automated license plate readers nationwide; Flock and Motorola are among the few options — Only a couple vendors could likely fulfill what the FBI is after, namely Flock and Motorola. — The FBI wants to buy access … | Wall Street Journal: |
Sources: US authorities in recent months have issued multiple information requests to Kalshi and Polymarket, many tied to wagers on events in Iran and Venezuela — Regulators are seeking information from Kalshi and Polymarket over wagers tied to political events and military operations
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| Lauren Edmonds / Business Insider: |
| John Markoff / New York Times: |
| Terrence O'Brien / The Verge: |
| Eduard Kovacs / SecurityWeek: |
| Yoolim Lee / Bloomberg: |