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Techmeme
May 21, 2026, 7:35 AM
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Bloomberg:
SpaceX files publicly for its IPO, choosing Nasdaq to make its debut under the symbol SPCX; Elon Musk's shares give him 85.1% of the voting power in the company  —  SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing billions in losses …
Ina Fried / Axios:
SpaceX S-1: Anthropic is paying SpaceX $1.25B per month through May 2029 under their compute deal; Anthropic says it is expanding the deal to include Colossus 2  —  Anthropic is paying SpaceX $1.25 billion per month through May 2029 as part of the massive compute deal the companies signed earlier this month.
Nvidia Newsroom:
Nvidia reports Q1 revenue up 85% YoY to $81.62B, above $78.86B est., Data Center revenue up 92% YoY to $75.2B, and announces an $80B share repurchase program  —  - Record revenue of $81.6 billion, up 85% from a year ago  — Record Data Center revenue of $75.2 billion, up 92% from a year ago
Lee Ying Shan / CNBC:
Jensen Huang says that Nvidia has “largely conceded” China's AI chip market to Huawei and should “expect nothing” regarding approvals to sell chips in China
Wall Street Journal:
Sources: OpenAI is preparing to file confidentially for an IPO as early as May 22; the company plans to be ready to go public as early as September  —  The artificial-intelligence giant is working with bankers at Goldman Sachs and Morgan Stanley  —  ChatGPT-maker OpenAI has been working …
OpenAI:
OpenAI says an internal general-purpose reasoning model has disproved the Erdős unit distance conjecture, a central problem in discrete geometry posed in 1946  —  For nearly 80 years, mathematicians have studied a deceptively simple question: if you place nnn points in the plane …
Berber Jin / Wall Street Journal:
Investor disclosures: Anthropic says it expects to generate $10.9B in revenue in Q2, up from $4.8B in Q1, and turn a $559M operating profit, its first ever  —  The startup expects a 130% revenue surge to $10.9 billion in the June quarter and its first operating profit, defying skeptics of the AI boom
Ofcom:
Ofcom says Meta, Snap, and Roblox will adopt stronger anti-grooming measures, while TikTok and YouTube “failed to commit to any significant changes”  —  - Snap, Meta and Roblox to adopt further safety measures to protect children from stranger danger online
Bloomberg:
Analysis: Samsung could distribute ~$26.6B to chip employees, or ~$340K each for its 78,000 staff, as a bonus in early 2027 as part of a last-minute union deal  —  Samsung Electronics Co. could distribute about 40 trillion won ($26.6 billion) to chip employees as a bonus for this year …
Sherry Qin / Wall Street Journal:
AMD pledges to invest $10B+ in Taiwan's chip industry to make advanced chip packaging for AI, and says TSMC will ramp up production of its next-gen Venice chips  —  The company is investing more to meet growing demand for artificial-intelligence infrastructure
CNBC:
Jeff Bezos dismisses AI job fears, defends billionaires against “vilification”, proposes eliminating income taxes for low earners, and praises President Trump  —  VIDEO 54:38  —  Watch CNBC's full interview with Amazon founder Jeff Bezos  —  Ultrabillionaire Jeff Bezos …
The Guardian:
Granta and the Commonwealth Foundation say they can't determine yet if AI was used to write a prize-winning short story after critics pointed to signs of AI use  —  Granta publisher says ‘perhaps we never will know’ true authorship of work that won Commonwealth prize

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This is a Techmeme archive page. It shows how the site appeared at 7:35 AM ET, May 21, 2026.

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From Mediagazer

David Ellison / @ellisonskydance:
David Ellison announces that the combined Paramount and Warner Bros. Discovery will be called Skydance “to preserve what has made each of these studios iconic”

New York Times:
Sources: Trump personally told his budget director to use taxpayer money for TV ads praising his presidency; at least four spots have run at a cost of ~$5.5M

Todd Spangler / Variety:
Disney licenses a large group of titles to Netflix, including all five Ice Age movies, Percy Jackson and the Olympians, Felicity, Elio, and more

More News

Earlier Picks

Jacob Passy / Wall Street Journal:
Airbnb says it is adding luggage storage, airport pickups, car rentals, grocery delivery, and thousands of boutique and independent hotels to its platform
Tom Warren / The Verge:
Internal memo: Xbox hires game industry analyst Matthew Ball as chief strategy officer, and names Scott Van Vliet, who led Azure AI infrastructure, as Xbox CTO
Katie Paul / Reuters:
Internal memo: Mark Zuckerberg told employees that he does not expect more company-wide layoffs this year
Hugh Son / CNBC:
Mercury, which provides banking services to startups, raised a $200M Series D led by TCV at a $5.2B valuation, up from $3.5B in March 2025
Reuters:
Internal memo: Intuit is laying off ~17% of its workforce, or ~3,000 employees worldwide, to streamline operations and sharpen its focus on key bets, like AI
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