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Sangmi Cha / Bloomberg: 1½ hours ago

Analysis: South Korea's equity market overtakes Canada's as the world's seventh largest, driven by Samsung and SK Hynix, whose stocks have more than doubled YTD

Simon Sharwood / The Register: 2 hours ago

Arm expects the AGI CPU, its own AI chip for data centers, to drive $2B in sales in FY2027 and FY2028, doubling its March 2026 sales guidance for the period

Zheping Huang / Bloomberg: 2 hours ago

Moonshot, the Chinese AI startup behind Kimi chatbot, raised ~$2B at a $20B+ valuation led by Meituan's venture arm; Moonshot's ARR topped $200M in April 2026

Farah Stockman / New York Times: 3 hours ago

Bristol Myers Squibb's Massachusetts facility boosted drug production volume for clinical and commercial use by ~40% with AI, a bright spot in US manufacturing

Following its SpaceX deal, Anthropic doubles Claude Code's five-hour rate limits for paid plans and removes peak hours limit reduction for Pro and Max plans

RELATED:

xAI:

SpaceX signs an agreement with Anthropic to provide access to Colossus 1, and says Anthropic expressed interest in partnering for orbital compute capacity

Axios:

Anthropic says it signed a deal with SpaceX to use “all of the compute capacity” at Colossus 1, giving it access to over 300 MW of new capacity within the month

Carly Nairn / Courthouse News Service:

Musk v. Altman: Shivon Zilis testifies her relationship with Musk didn't influence her duties as an OpenAI board member; she left in 2023 after Musk started xAI

RELATED:

Jay Peters / The Verge:

Musk v. Altman: Mira Murati testifies that Sam Altman lied to her about the safety standards for a new OpenAI model and that he made her work more difficult

Michael Acton / Financial Times:

Arm reports Q4 revenue up 20% YoY to $1.5B, says AGI CPU demand will drive $2B in sales in 2027 and 2028, over 2x its prior guidance; ARM jumps 11%+ after hours

Jonathan Vanian / CNBC:

Snap reports Q1 revenue up 12% YoY to $1.53B, in line with est., and says it ended its $400M Perplexity deal announced in November; SNAP drops 4%+ after hours

Koyena Das / Reuters:

DoorDash reports Q1 revenue up 33% YoY to $4.04B, vs. $4.14B est., and forecasts Q2 marketplace gross order value above estimates; DASH jumps 11%+ after hours

Neil J Kanatt / Reuters:

Instacart reports Q1 revenue up 14% YoY to $1.02B, GTV up 13% to $10.29B, and orders up 10%, compared with a 16% growth a year earlier; CART drops 8.18%

Ben Schoon / 9to5Google:

Google Chrome silently installs a ~4GB Gemini Nano model on desktop devices; Google says it has been offered since 2024 and users can remove it via settings

Anthropic:

Anthropic researchers detail “model spec midtraining”, which adds a stage between pretraining and fine-tuning to improve generalization from alignment training

Diana Novak Jones / Reuters:

Filing: Meta asks a judge to overturn the jury's verdict in the Los Angeles social media addiction trial or order a new trial, citing Section 230 protections

Christopher Kuo / Wall Street Journal:

FanDuel CEO Amy Howe departs after five years, succeeded by President Christian Genetski, as parent company Flutter reports MAUs fell 3% YoY to 14.4M in Q1 2026

Lingling Wei / Wall Street Journal:

Sources: the US and China are considering recurring talks on the security risks posed by AI models, with Scott Bessent leading the American side

Sangmi Cha / Bloomberg:

Analysis: South Korea's equity market overtakes Canada's as the world's seventh largest, driven by Samsung and SK Hynix, whose stocks have more than doubled YTD

Jon Brodkin / Ars Technica:

A US appeals court strikes down a 2023 FCC rule banning broadband access discrimination based on income, race, and more; Chair Brendan Carr welcomes the ruling

Jagmeet Singh / TechCrunch:

Bengaluru-based Pronto, an on-demand home-help service, raised a $20M Series B extension from Lachy Groom at a $200M valuation, up from $100M in March

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