Technology

The Senate Banking Committee advances the Clarity Act, which would make CFTC the primary regulator for most digital assets while SEC oversees digital securities (Bloomberg)

The Senate Banking Committee advances the Clarity Act, ...

Bloomberg: The Senate Banking Committee advances the Clarity Act, which would ma...

Sources: Joshua Kushner's Thrive Capital told its stakeholders that it has invested ~$100M in Shopify, framed as a bet on how AI could lead to gains in commerce (Natasha Mascarenhas/Bloomberg)

Sources: Joshua Kushner's Thrive Capital told its stake...

Natasha Mascarenhas / Bloomberg: Sources: Joshua Kushner's Thrive Capital told i...

Sources: Microsoft plans to remove most of its Claude Code licenses and push its developers toward GitHub Copilot CLI, after previously pushing Claude Code (Tom Warren/The Verge)

Sources: Microsoft plans to remove most of its Claude C...

Tom Warren / The Verge: Sources: Microsoft plans to remove most of its Claude Co...

Nvidia's Jensen Huang attends Trump&Xi summit in bid to revive sales of chips to China

Nvidia's Jensen Huang attends Trump&Xi summit in bid to...

The CEO of Nvidia, Jensen Huang, is among the delegation of CEOs that met with U...

Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes (Max A. Cherney/Reuters)

Filing: Jensen Huang's foundation bought $108.3M worth ...

Max A. Cherney / Reuters: Filing: Jensen Huang's foundation bought $108.3M worth...

Canadian legaltech company Clio says its ARR has reached $500M, citing demand for its AI services; it was valued at $5B after a $500M Series G in November 2025 (Marina Temkin/TechCrunch)

Canadian legaltech company Clio says its ARR has reache...

Marina Temkin / TechCrunch: Canadian legaltech company Clio says its ARR has rea...

Sources: the US cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made (Reuters)

Sources: the US cleared ~10 Chinese companies, includin...

Reuters: Sources: the US cleared ~10 Chinese companies, including Alibaba, Tence...

Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments (Bloomberg)

Musk v. Altman: Microsoft executive Michael Wetter test...

Bloomberg: Musk v. Altman: Microsoft executive Michael Wetter testifies that Mic...

LinkedIn says it has "implemented organizational changes"; source: LinkedIn plans to cut ~5% of its 17,500 full&time workers and focus on business growth areas (Reuters)

LinkedIn says it has "implemented organizational change...

Reuters: LinkedIn says it has “implemented organizational changes”; source: Link...

Rivian CEO RJ Scaringe's Mind Robotics, which is building AI&powered robots for manufacturing tasks, raised $400M, source says at a $3.4B valuation (Sean McLain/Wall Street Journal)

Rivian CEO RJ Scaringe's Mind Robotics, which is buildi...

Sean McLain / Wall Street Journal: Rivian CEO RJ Scaringe's Mind Robotics, which...

Analysts say AI fervor in the US and Asia has spread to Europe, boosting stocks like STMicro and Nokia as investors seek the AI boom's pick&and&shovel stocks (Financial Times)

Analysts say AI fervor in the US and Asia has spread to...

Financial Times: Analysts say AI fervor in the US and Asia has spread to Europe,...

An analysis of Tokenomist.ai data: Trump family members made ~$1.55B from sales of World Liberty Financial's WLFI tokens, lifting their total fortune by ~$660M (Bloomberg)

An analysis of Tokenomist.ai data: Trump family members...

Bloomberg: An analysis of Tokenomist.ai data: Trump family members made ~$1.55B ...

China's CSI AI Index, which tracks AI supply chain companies, is up 28%+ YTD, while HK's Hang Seng Tech Index, which includes Alibaba and Tencent, is down 8% (William Sandlund/Financial Times)

China's CSI AI Index, which tracks AI supply chain comp...

William Sandlund / Financial Times: China's CSI AI Index, which tracks AI supply...

Threads is testing a Meta AI integration similar to X's Grok, letting users mention Meta AI in a post or a reply to get more context, in five countries (Aisha Malik/TechCrunch)

Threads is testing a Meta AI integration similar to X's...

Aisha Malik / TechCrunch: Threads is testing a Meta AI integration similar to X'...

Nonprofit RSL Media announces the Human Consent Standard, an AI licensing framework for use of people's work or likeness, backed by George Clooney and others (Emma Roth/The Verge)

Nonprofit RSL Media announces the Human Consent Standar...

Emma Roth / The Verge: Nonprofit RSL Media announces the Human Consent Standard,...

Sources: Google is in talks with SpaceX and other companies for a rocket launch deal, as Google expands its own efforts to put orbital data centers in space (Wall Street Journal)

Sources: Google is in talks with SpaceX and other compa...

Wall Street Journal: Sources: Google is in talks with SpaceX and other companies...

Source: new revenue sharing terms cap OpenAI's payments to Microsoft at $38B; they previously could have totaled $135B through 2030 if long&term goals were met (The Information)

Source: new revenue sharing terms cap OpenAI's payments...

The Information: Source: new revenue sharing terms cap OpenAI's payments to Micr...

The US Commerce Department removed from its website details about its May 5 agreement with Google, xAI, and Microsoft to test their AI models (Courtney Rozen/Reuters)

The US Commerce Department removed from its website det...

Courtney Rozen / Reuters: The US Commerce Department removed from its website de...

AppMagic: Grok downloads fell to ~8.3M in April, from a high of 20M+ in January; Recon Analytics says Grok paid adoption in the US remains nearly flat YoY in Q2 (Georgia Wells/Wall Street Journal)

AppMagic: Grok downloads fell to ~8.3M in April, from a...

Georgia Wells / Wall Street Journal: AppMagic: Grok downloads fell to ~8.3M in A...

Cowboy Space, led by Robinhood co&founder Baiju Bhatt to build data centers in orbit, raised a $275M Series B led by Index Ventures at a $2B valuation (Bruce Einhorn/Bloomberg)

Cowboy Space, led by Robinhood co&founder Baiju Bhatt t...

Bruce Einhorn / Bloomberg: Cowboy Space, led by Robinhood co-founder Baiju Bhatt...

OpenAI launches the OpenAI Deployment Company with a $4B+ investment to help organizations build and deploy AI systems, and acquires AI consulting firm Tomoro (Reuters)

OpenAI launches the OpenAI Deployment Company with a $4...

Reuters: OpenAI launches the OpenAI Deployment Company with a $4B+ investment to...

Venmo is implementing a major privacy update to set new users' posts to "friends only" by default during onboarding; in 2021, a reporter found Joe Biden's Venmo (Jay Peters/The Verge)

Venmo is implementing a major privacy update to set new...

Jay Peters / The Verge: Venmo is implementing a major privacy update to set new ...

Corporate lawyers say AI&transcribed meeting notes may not have attorney&client privilege, making otherwise protected conversations discoverable in lawsuits (Sarah Kessler/New York Times)

Corporate lawyers say AI&transcribed meeting notes may ...

Sarah Kessler / New York Times: Corporate lawyers say AI-transcribed meeting not...

A look at Janitor AI, a romantic fantasy roleplay chatbot site run by three men that claims 2.5M DAUs and 15M total users, with 70% to 80% identifying as women (Anna Tong/Forbes)

A look at Janitor AI, a romantic fantasy roleplay chatb...

Anna Tong / Forbes: A look at Janitor AI, a romantic fantasy roleplay chatbot si...

Sources: Cerebras plans to raise its IPO price range from $115&$125 per share to $150&$160 per share, potentially raising ~$4.8B at the top of the new range (Echo Wang/Reuters)

Sources: Cerebras plans to raise its IPO price range fr...

Echo Wang / Reuters: Sources: Cerebras plans to raise its IPO price range from $...

NetBlocks: Iran's 70+ day internet blackout is "the longest recorded national internet shutdown in a connected society", as businesses warn of layoffs, closures (Golnar Motevalli/Bloomberg)

NetBlocks: Iran's 70+ day internet blackout is "the lon...

Golnar Motevalli / Bloomberg: NetBlocks: Iran's 70+ day internet blackout is “th...

Experian says 40% of the 5,000 data breaches it serviced in 2025 were AI&powered, and predicts agentic AI will be the leading cause of data breaches in 2026 (Jennah Haque/Bloomberg)

Experian says 40% of the 5,000 data breaches it service...

Jennah Haque / Bloomberg: Experian says 40% of the 5,000 data breaches it servic...

Inside Consensus Conference, one of the biggest crypto conferences, which had a decidedly corporate sheen in 2026 amid Wall Street's embrace of digital assets (Vicky Ge Huang/Wall Street Journal)

Inside Consensus Conference, one of the biggest crypto ...

Vicky Ge Huang / Wall Street Journal: Inside Consensus Conference, one of the bi...

How SpaceMob, an online community of ~50,000, has fueled a meme&stock&like rally in satellite networking company AST, which is up ~6,000% over a 22&month period (Bloomberg)

How SpaceMob, an online community of ~50,000, has fuele...

Bloomberg: How SpaceMob, an online community of ~50,000, has fueled a meme-stock...

LayerZero apologizes for Kelp DAO exploit response, says single&verifier setup was deficient; Dune: in April, ~47% of LayerZero OApps had the same default setup (Zack Abrams/The Block)

LayerZero apologizes for Kelp DAO exploit response, say...

Zack Abrams / The Block: LayerZero apologizes for Kelp DAO exploit response, say...

Anthropic, OpenAI, and other AI firms met with Hindu, Sikh, and Greek Orthodox leaders to draft principles on how to infuse models with ethics and morality (Krysta Fauria/Associated Press)

Anthropic, OpenAI, and other AI firms met with Hindu, S...

Krysta Fauria / Associated Press: Anthropic, OpenAI, and other AI firms met with...

A profile of Anthropic CFO Krishna Rao, who tends to ta...

Kate Clark / Wall Street Journal: A profile of Anthropic CFO Krishna Rao, who te...

Palo Alto Networks says in its testing, three weeks of frontier AI&assisted analysis matched a full year of manual penetration testing, with broader coverage (Sam Rubin/Palo Alto Networks Blog)

Palo Alto Networks says in its testing, three weeks of ...

Sam Rubin / Palo Alto Networks Blog: Palo Alto Networks says in its testing, thr...

Anthropic details how it improved Claude's safety training after finding agentic misalignment in older models, such as Opus 4 blackmailing engineers (Anthropic)

Anthropic details how it improved Claude's safety train...

Anthropic: Anthropic details how it improved Claude's safety training after find...

Sources: Apollo Global and Blackstone are among private credit lenders in talks with Broadcom over a ~$35B financing deal to fund the development of AI chips (Bloomberg)

Sources: Apollo Global and Blackstone are among private...

Bloomberg: Sources: Apollo Global and Blackstone are among private credit lender...

Sources: Cerebras plans to raise its IPO price range from $115&$125 per share to $125&$135 after drawing orders for more than 20x the number of shares available (Bloomberg)

Sources: Cerebras plans to raise its IPO price range fr...

Bloomberg: Sources: Cerebras plans to raise its IPO price range from $115-$125 p...

A hack of Instructure's Canvas locked out students at schools and universities across the US in the middle of finals period; some US colleges postponed exams (Associated Press)

A hack of Instructure's Canvas locked out students at s...

Associated Press: A hack of Instructure's Canvas locked out students at schools ...

Analysis: the combined free cash flow of Amazon, Alphabet, Microsoft, and Meta is expected to fall to ~$4B in Q3 and hit its lowest full&year level since 2014 (Financial Times)

Analysis: the combined free cash flow of Amazon, Alphab...

Financial Times: Analysis: the combined free cash flow of Amazon, Alphabet, Micr...

Filings: Baidu's AI chip unit Kunlunxin is planning a dual IPO on Shanghai's STAR Board and in Hong Kong; Baidu holds a 58% stake in Kunlunxin (Bloomberg)

Filings: Baidu's AI chip unit Kunlunxin is planning a d...

Bloomberg: Filings: Baidu's AI chip unit Kunlunxin is planning a dual IPO on Sha...

Surveys: half of US adults under 50 get health info from influencers or podcasts; 86% of the health influencers are on Instagram, 62% on TikTok, 45% on YouTube (Pew Research Center)

Surveys: half of US adults under 50 get health info fro...

Pew Research Center: Surveys: half of US adults under 50 get health info from in...

Tessera Labs, which uses AI agents to automate enterprise IT migrations and ERP transformations, raised a $60M Series A led by a16z at a $320M valuation (Anna Tong/Forbes)

Tessera Labs, which uses AI agents to automate enterpri...

Anna Tong / Forbes: Tessera Labs, which uses AI agents to automate enterprise IT...

Meta challenges Ofcom in UK High Court over the Online Safety Act, which calculates levies based on global, not UK, revenue, in a case scheduled for October (Sam Tobin/Reuters)

Meta challenges Ofcom in UK High Court over the Online ...

Sam Tobin / Reuters: Meta challenges Ofcom in UK High Court over the Online Safe...

Nova Intelligence, which is building agentic AI for SAP ahead of a 2030 migration, raised a $31.5M Series A led by Chemistry, taking its total funding to $40M+ (Lily Mae Lazarus/Fortune)

Nova Intelligence, which is building agentic AI for SAP...

Lily Mae Lazarus / Fortune: Nova Intelligence, which is building agentic AI for ...

Sources: the US and China are considering recurring talks on the security risks posed by AI models, with Scott Bessent leading the American side (Lingling Wei/Wall Street Journal)

Sources: the US and China are considering recurring tal...

Lingling Wei / Wall Street Journal: Sources: the US and China are considering re...

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 (Christopher Kuo/Wall Street Journal)

FanDuel CEO Amy Howe departs after five years, succeede...

Christopher Kuo / Wall Street Journal: FanDuel CEO Amy Howe departs after five y...

Anthropic researchers detail "model spec midtraining", which adds a stage between pretraining and fine&tuning to improve generalization from alignment training (Anthropic)

Anthropic researchers detail "model spec midtraining", ...

Anthropic: Anthropic researchers detail “model spec midtraining”, which adds a s...

Iran 'slopaganda': We tried recreating viral Lego&style AI videos

Iran 'slopaganda': We tried recreating viral Lego&style...

After Donald Trump announced a pause to the US operation in the Strait of Hormuz...

Morgan Stanley rolls out a crypto trading pilot on E*Trade, charging clients lower prices than Coinbase and Robinhood, ahead of a wider launch later in 2026 (Hannah Levitt/Bloomberg)

Morgan Stanley rolls out a crypto trading pilot on E*Tr...

Hannah Levitt / Bloomberg: Morgan Stanley rolls out a crypto trading pilot on E*...

The UK FCA says it is investigating PayPal, Mastercard, and Visa for alleged anti&competitive behavior, in a rare antitrust investigation by the regulator (Laith Al&Khalaf/Financial Times)

The UK FCA says it is investigating PayPal, Mastercard,...

Laith Al-Khalaf / Financial Times: The UK FCA says it is investigating PayPal, M...

Google updates AI Mode and AI Overviews to add "a preview of perspectives" from firsthand sources like social media and Reddit, presented as "Expert Advice" (Jess Weatherbed/The Verge)

Google updates AI Mode and AI Overviews to add "a previ...

Jess Weatherbed / The Verge: Google updates AI Mode and AI Overviews to add “a p...

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