| Bloomberg: |
SpaceX files publicly for its IPO, choosing Nasdaq to make its debut under the symbol SPCX — SpaceX Files for IPO on Nasdaq Under SPCX Symbol — Video Player is loading. — Unmute — Current Time 0:00 Loaded: 26.69% Playback Rate — captions off, selected — English| Wall Street Journal: |
Sources: OpenAI is preparing to file confidentially for an IPO as early as Friday; 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 … | Nvidia Newsroom: |
Nvidia reports Q1 revenue up 85% YoY to $81.6B, Data Center revenue up 92% to $75.2B, and announces an $80B additional share repurchase authorization — - 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| Sergiu Gatlan / BleepingComputer: |
GitHub confirms ~3,800 internal repositories were breached after one of its employees installed a malicious VS Code extension; TeamPCP claims responsibility — GitHub has confirmed that roughly 3,800 internal repositories were breached after one of its employees installed a malicious VS Code extension.| 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 — Intuit (INTU.O) is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus … | Katie Paul / Reuters: |
Internal memo: Mark Zuckerberg told employees that he does not expect more company-wide layoffs this year — Meta (META.O) CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters.| 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 — The second major Xbox leadership changes this month. … Microsoft has recruited game industry analyst Matthew Ball as Xbox chief strategy officer.| 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 — Read the proof(opens in a new window)Read the companion remarks(opens in a new window) — Loading...| Reuters: |
Samsung Electronics and its South Korean labor union reach a preliminary pay deal; the union says it has suspended a general strike and put the deal to a vote — Samsung Electronics (005930.KS) and its South Korean labour union reached a preliminary pay deal on Wednesday … | 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 — Platform ramps up hotel-booking options, car rentals and AI-enabled features, expecting World Cup to drive record use| 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| Anu Adegbola / Search Engine Land: |
Google says it is testing new ad formats in search results and AI Mode, including Conversational Discovery ads, Highlighted Answers, and AI-powered Shopping ads — Google is introducing a new generation of Gemini-powered ad formats across AI Mode and Search designed to make ads feel more conversational … | Todd Bishop / GeekWire: |
S. “Soma” Somasegar, who led Microsoft's Developer Division for 12 years as part of his 27-year tenure at the company before leaving in 2015, has died at age 59 — S. “Soma” Somasegar, a fixture in the Seattle tech community who led Microsoft's Developer Division as part … | Reuters: |
Ubisoft reports a record operating loss of $1.40B for the year to March and says sales in 2026-27 will fall by about 8% to 9%; UBI falls 6%+ — French videogame publisher Ubisoft warned on Wednesday of another year of losses and lower sales after a record annual operating loss, deepening pressure on the company as it restructures.| Luz Ding / Bloomberg: |
Alibaba's chipmaking unit T-Head unveils the Zhenwu M890 for AI training and inference, saying it is well-suited for agentic tasks, and plans annual upgrades — Alibaba Group Holding Ltd. added a new processor to its expanding AI technology stack, enhancing a push to cover every aspect of artificial intelligence development.| The Register: |
Cloud provider Railway says Google Cloud suspended its account without cause, resulting in an outage; in 2024, GCP deleted an Australian pension fund's account — PaaS platform Railway says Google temporarily suspended its account on Wednesday without cause, inducing a major outage.| Jemima McEvoy / The Information: |
| Brendan Bordelon / Politico: |
OpenAI's Chris Lehane says he is pursuing “reverse federalism”, lobbying blue states to pass AI safety laws and create a de facto US standard, as DC dithers — OpenAI's effort comes after nearly a year in which the tech lobby has pressured Congress to block states from passing AI laws … | 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 — Mercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5.2 billion valuation, CNBC has learned exclusively.| Samantha Kelly / Bloomberg: |
An interview with Match Group CEO Spencer Rascoff about plans for Tinder, including a redesign, AI features, live events, and group dating to win over Gen Z — The dating app's turnaround bets on live events, group dating and an AI-heavy redesign. — At a pickleball venue near Santa Monica State beach … | Nan Ransohoff / Nan's Substack: |
An analysis based on OpenAI's and Anthropic's current valuations suggests ~$370B of philanthropic assets tied to the two AI companies could soon become liquid — AI is about to generate hundreds of billions in new philanthropic funding. We have a huge amount of work to do to make the most of it.| Ryan Christoffel / 9to5Mac: |
Apple says the App Store prevented over $2.2B in potentially fraudulent transactions in 2025, rejected over 2M problematic app submissions, and more — Ahead of Apple's annual developer conference next month, Apple has shared an update on how the App Store serves users and developers alike with numerous protections.| Bloomberg: |
Exa, which offers a search engine that is designed for AI agents, raised $250M led by a16z at a $2.2B valuation, up from $700M in September 2025 — Exa Labs Inc., a San Francisco-based startup that wants to build a search engine tailor-made for the age of artificial intelligence … | Mariella Moon / Engadget: |
Kickstarter retracts its stricter rules on mature content after creator backlash, and says it adopted the tougher rules because of its payment processor Stripe — It explained that it created the new rules due to Stripe's policy. — Kickstarter has retracted the new set of rules around mature content … | Julie Bort / TechCrunch: |
NanoClaw creator NanoCo raised a $12M seed led by Valley Capital and says it is booking enterprise customers; co-founders say they rejected a $20M buyout offer — NanoCo, the company behind security-focused OpenClaw alternative NanoClaw, has raised an oversubscribed $12 million seed round following …
App Spotlight: Quo for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations, and extensions.Automatically sync calls, texts, recordings, and AI summaries into Zoho CRM … | Berber Jin / Wall Street Journal: |
In disclosures to investors, Anthropic says it expects to generate $10.9B in revenue in Q2, vs. $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| Ivan Mehta / TechCrunch: |
Stability AI releases a new family of audio models called Stable Audio 3.0 that is trained on licensed data; the top model can generate six-minute songs — Stability AI, the company behind Stable Diffusion, is releasing a new family of audio models, called Stability Audio 3.0.| Dylan Butts / CNBC: |
Singapore announces a National AI Partnership with Google and an MoU with OpenAI, which will set up an AI lab and commit $234M+ to the city-state's AI ecosystem — Singapore has inked separate agreements with Google and OpenAI to strengthen its position as a global artificial intelligence hub …
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.
App Spotlight: Quo for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations, and extensions.Automatically sync calls …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| John Timmer / Ars Technica: |
| Ashley Gold / Axios: |
| Lauren Feiner / The Verge: |