| 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: |
| Ashley Gold / Axios: |
Memo: the White House postpones a planned ceremony this afternoon for Trump to sign a new EO on AI and cybersecurity; major tech CEOs were invited to attend — The White House has cancelled its planned ceremony for President Trump to sign a new executive order on AI and cybersecurity, per a note seen by Axios.| Sergiu Gatlan / BleepingComputer: |
GitHub links the breach of 3,800 internal repositories to the TanStack npm supply-chain attack, saying hackers used a malicious Nx Console VS Code extension — GitHub says the hackers who breached 3,800 internal repositories gained access via a malicious version of the Nx Console VS Code extension … | Mark Tyson / Tom's Hardware: |
Flipper unveils the Flipper One, a pocketable open Arm Linux computer with similar performance to a Raspberry Pi 5, and welcomes feedback to get it market-ready — But the devs admit there's still a lot of work to be done to get the Flipper One market-ready, and they are looking for contributors.| 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| Bloomberg: |
Analysis: Samsung is set to distribute ~$26.6B to its 78,000 chip employees, or a ~$340K bonus to each, in early 2027 as part of a last-minute labor union deal — Samsung Electronics Co. could distribute about 40 trillion won ($26.6 billion) to chip employees as a bonus for this year … | Logan Hitchcock / Decrypt: |
Crypto exchange Blockchain.com confidentially files for a US IPO; the UK-based company founded in 2011 was once valued at $14B — Long-running crypto exchange Blockchain.com has confidentially filed to take its business public via the U.S. markets. — In brief| 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 … | Steven Lee Myers / New York Times: |
Bluesky and Clemson University researchers detail a novel Russian influence campaign that hijacked influential Bluesky accounts to spread pro-Kremlin propaganda — The company said it was fighting Russian efforts to hijack real users' accounts to post fake content, an apparently novel tactic.| 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 … | 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 … | Preeti Singh / Bloomberg: |
Anthropic, Blackstone, and Hellman & Friedman's unnamed enterprise services JV buys Fractional AI, its first deal; sources say Fractional ends its OpenAI deal — The new artificial intelligence enterprise services firm backed by Blackstone Inc., Anthropic PBC and Hellman & Friedman … | Ofcom: |
| Sean O'Kane / TechCrunch: |
Waymo suspends operations in Atlanta and San Antonio as its robotaxis struggle with flooded roads and says it has yet to develop a “final remedy” for flooding — Waymo has now paused service in two cities because its robotaxis are struggling to deal with heavy rain and flooded roads … | Samantha Kelly / Bloomberg: |
Hark, founded by Figure AI CEO Brett Adcock to build AI-powered devices, raised a $700M+ Series A led by Parkway Venture at a $6B post-money valuation — Entrepreneur Brett Adcock's new startup Hark has secured over $700 million in a funding round that values the artificial intelligence … | Berber Jin / Wall Street Journal: |
Investor disclosures: Anthropic says it expects to generate $10.9B in revenue in Q2, up 127% 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: |
Sources: Manus' co-founders are in talks to raise $1B+ to buy back the Chinese-founded startup, after Beijing ordered Meta to unwind its $2B Manus acquisition — The co-founders of Manus are exploring options to fulfill Beijing's demand to unwind a controversial takeover by Meta Platforms Inc. …
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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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