| 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.| New York Times: |
Filing: SpaceX reports 2025 revenue up 33% YoY to $18.7B, a loss of $4.9B, down from a $791M profit in 2024, and $20.7B in capital expenditures, up from $11.2B — Mr. Musk's rocket and satellite maker disclosed its financial performance as it prepares to go public in what is set to be one of the largest offerings to date.| 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: |
| 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| Carl Franzen / VentureBeat: |
Cohere releases Command A+, a sparse MoE open model built for agentic tasks, with 218B total and 25B active parameters, its first under the Apache 2.0 license — Canadian AI lab Cohere made waves recently by announcing a merger with German AI startup Aleph Alpha, but now it has even more in store … | 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 … | Ofcom: |
| Bloomberg: |
Taiwan is seeking to detain three people for forging documents to export Nvidia-powered Super Micro servers to China, Hong Kong, and Macau, breaking US rules — Taiwanese officials are seeking to detain three individuals for forging documents in order to export Nvidia Corp. AI chips to China … | 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 … | Wall Street Journal: |
The US Commerce Department plans to award $2B in grants to nine quantum computing companies and will take equity stakes; IBM is set to get $1B of the package — Trump administration hopes to spur ‘a new era of American innovation,’ Commerce's Lutnick says — WASHINGTON—The Trump administration … | Tech Xplore: |
A study conducted in the Phoenix metro area finds that waste heat from data centers can raise air temperatures in downwind neighborhoods by as much as 4°F — Waste heat from data centers can boost air temperatures in downwind neighborhoods by as much as 4 degrees Fahrenheit … | Anne Steele / Wall Street Journal: |
Netflix and iHeartMedia say Charlamagne tha God's The Breakfast Club will stream live on Netflix on weekdays from June 1, the service's first daily live show — Charlamagne tha God's morning radio show has been a standout success among the streamer's video podcast efforts| 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| Politico: |
Sources: the Pentagon is launching a task force to study how to safely deploy leading AI tools with hacking capabilities across Cyber Command and NSA missions — These people, like others in this report, were granted anonymity because they were not authorized to speak publicly about the sensitive effort.| Bloomberg: |
Sources: Manus' co-founders are in talks to raise $1B+ to buy back the Chinese-founded company, after Beijing ordered Meta to unwind its $2B acquisition — The co-founders of Manus are exploring options to fulfill Beijing's demand to unwind a controversial takeover by Meta Platforms Inc. … | Isabelle Bousquette / Wall Street Journal: |
Higgsfield AI premieres Hell Grind, a 95-minute fully AI-generated film, at Cannes and says it took two weeks and cost $500K to make, of which $400K was on AI — ‘Hell Grind,’ a 95-minute fully AI-generated film, premieres this week at Cannes, where questions around the technology's encroachment remain center-stage| 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 …
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
Meet the all-new Zia: Your AI-powered HR for smarter work — HR is evolving. It's no longer just about managing processes like hiring, attendance, payroll, and performance. Today, it's about delivering better …
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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| Paige Minemyer / Fierce Healthcare: |
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| Tom Warren / The Verge: |
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| Reuters: |