The Architects
OpenAI launched the Stargate Project to own compute at the scale its products required. Fifteen months later, the JV is abandoned in practice and the engineers who built it are at Meta, which raised its infrastructure budget by $10 billion today.
Musk v. Altman: Elon Musk testifies he is suing OpenAI because “it is not okay to steal a charity” and its pivot sets a concerning precedent for philanthropy
Elon Musk testified Tuesday he's suing OpenAI and two of its co-founders — Sam Altman and Greg Brockman …
HashiCorp co-founder Mitchell Hashimoto says his terminal application Ghostty will leave GitHub, citing GitHub's frequent outages; Hashimoto is GitHub user 1299
I'm GitHub user 1299, joined Feb 2008. — Since then, I've opened GitHub every single day. Every day, multiple times per day, for over 18 years.
An interview with AWS CEO Matt Garman on why AWS will be “a better partner to OpenAI” than Microsoft, high chip demand, Jeff Bezos' Project Prometheus, and more
AWS CEO Matt Garman on why Amazon will “be a better partner” than Microsoft. Also: His reaction to bubble fears …
Anthropic partners with Blender, Autodesk, Adobe, Ableton, and others to launch connectors that integrate Claude directly into professional creative workflows
Creative professionals look to technology to expand what's possible in their work. Claude can't replace taste or imagination …
Meta raises its 2026 capex to between $125B and $145B, exceeding analysts' estimates, after previously forecasting $115B to $135B; META drops 6%+ after hours
Meta Platforms Inc. raised its spending outlook for the year, extending its streak of plowing historic levels of investment …
Alphabet updates its 2026 capital expenditure guidance range to $180B to $190B, up from $175B to $185B, and expects capex to “significantly increase” in 2027
Alphabet 1-day stock chart. … Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
The European Commission issues preliminary DSA findings against Meta, saying Instagram and Facebook fail to prevent under-13 users from accessing the services
The European Union's executive arm accused Meta Platforms Inc. of failing to keep young children off its services, ramping up a probe that could result in hefty fines.
A US judge rejects Sam Bankman-Fried's new trial request based on what SBF called new evidence; SBF asked to withdraw his request, which the judge also rejected
A federal judge rejected FTX co-founder Sam Bankman-Fried's do-it-yourself motion for a new trial based on what the former crypto king claimed was new evidence.
Microsoft reports Q3 Xbox hardware revenue fell 33% YoY and Xbox content and services revenue, which includes Game Pass, dropped 5% YoY
Xbox hardware revenue took a 33 percent hit, even as the company raked in $82.9 billion. … Microsoft's Xbox hardware revenue continues to tumble …
Nvidia launches Nemotron 3 Nano Omni, an open multimodal model with a 30B-A3B hybrid MoE architecture; the Nemotron 3 family saw 50M+ downloads in the past year
Nvidia Corp. today launched a powerful reasoning artificial intelligence model that unifies text, vision and speech …
Pentagon Chief Digital and AI Officer Cameron Stanley confirms the DOD is expanding its use of Gemini, as “overreliance on one vendor is never a good thing”
Pentagon AI chief Cameron Stanley confirmed to CNBC that the Department of Defense is expanding its use …
AWS launches a desktop app for its Amazon Quick AI assistant, letting users connect their tools and local files to build custom apps, live dashboards, and more
Amazon Quick brings a personal AI assistant to your desktop. Build presentations, intelligent dashboards, and more.
YouTube rolls out Full Multiview Customization to YouTube TV, letting users pin up to four live streams in a window, after debuting a limited version in 2023
Custom multiview is finally here. Custom multiview is finally here. … YouTube CEO Neal Mohan announced Tuesday …
Meta quietly rolled out USDC stablecoin payouts on Solana and Polygon for select creators in Colombia and the Philippines
Meta has reentered the stablecoin market. Four years after pulling the plug on an earlier attempt, the tech giant has quietly rolled out the digital currency payouts …
Google celebrates 20 years of Translate with a new AI pronunciation practice tool for Android users in the US and India; Translate gets 1B+ queries per month
Google's new AI-powered language tool can give you real-time feedback by analyzing speech and correcting your pronunciation.
Amazon reports Q1 revenue of $181.5B, up 17% YoY, net income of $30.3B, up 77%, and operating income of $23.9B, up 30% YoY
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2026. - Net sales increased 17% to $181.5 billion in the first quarter …
Google says the Gemini app can now generate files; supported formats include PDF, Microsoft Word and Excel, Google Docs and Sheets, plain text, and Markdown
You can now ask the Gemini app to directly generate “downloadable and ready-to-share files.” Google wants you to …
US startup Poolside debuts its first open-weight model, Laguna XS.2, a 33B-A3B-parameter MoE model, and Laguna M.1, a proprietary 225B-A23B-parameter MoE model
The AI race lately has felt a bit like a game of tennis: first, Anthropic releases a new, pricey state-of-the-art proprietary model …
Sources: China suspends issuing Level 4 autonomous vehicle licenses, after 100+ of Baidu's Apollo Go robotaxis stalled and disrupted traffic in Wuhan in March
China has suspended issuing new licenses for autonomous vehicles, according to people familiar with the matter …
Musk v. Altman: Elon Musk says he was a “fool” for backing OpenAI, accusing Altman and Brockman of manipulating him into donating tens of millions of dollars
Billionaire says OpenAI co-founder Sam Altman wasn't honest about nonprofit mission
OpenAI's instructions in Codex CLI contain a line, repeated several times, that forbids the tool from randomly mentioning goblins, gremlins, and other creatures
“Never talk about goblins, gremlins, raccoons, trolls, ogres, pigeons, or other animals or creatures unless it is absolutely …
Robinhood reports Q1 net revenue up 15% YoY to $1.07B, below $1.14B est., and crypto revenue down 47% YoY to $134M, below $147.6M est.; HOOD drops 10%+
Outside of event contracts, revenues were weak across the board. — Robinhood MarketsHOOD $74.21 (-2.29%) …
NXP reports Q1 revenue up 12% YoY to $3.18B, above $3.15B est., and forecasts Q2 revenue above est., boosted by the automotive chip market; NXPI jumps 20%+
NXP Semiconductors NV jumped in late trading after giving an upbeat revenue forecast, a sign the chipmaker is bouncing …
Sources: PayPal is separating Venmo into its own standalone unit and is looking to recruit a digital banking executive to run the new Venmo segment
PayPal CEO Enrique Lores has this week told managers that he is reorganizing the firm's reporting lines to separate Venmo …
Motorola unveils its 2026 foldables lineup, including its first book-style model, which costs $1,900; prices for clamshell models have gone up by up to $200
The company's clamshell phones have gone up by as much as $200, while its first book-style foldable barely undercuts Samsung at $1,900.
Sources: the White House is developing guidance for government agencies to get around Anthropic's supply chain risk designation and onboard models like Mythos
- One source described the White House efforts as a way to “save face and bring em back in.” — Earlier this month …
Seagate reports Q3 revenue up 44% YoY to $3.11B, above $2.96B est., and forecasts Q4 revenue and adjusted EPS above estimates; STX jumps 15%+
Seagate Technology (STX.O) forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, betting on strong demand …
Chinese regulators killed the Manus template by blocking Meta's $2B takeover in a 54-character decree, creating an uncertain era for China's growing AI industry
The AI startup Manus, once hailed as a breakthrough that would challenge Silicon Valley's dominance, is turning into a cautionary tale …
Poll: 31% of US adults expect driverless cars to be common within five years, up from 19% in 2018, and 19% say they would own or lease one, the same as in 2018
About three in 10 Americans expect driverless cars to be common within five years, while 19% say they would own or lease one
Seven families of victims in the Tumbler Ridge shooting in Canada sue OpenAI, accusing it of failing to warn authorities about the suspect's ChatGPT activity
Seven families of victims in a February school shooting sued OpenAI and CEO Sam Altman on Wednesday, alleging the company …
Knight Frank: Anthropic, OpenAI, and other AI companies have leased 1M+ square feet of London office space since the start of 2025, or ~7% of available listings
Artificial intelligence-linked companies ranging from Anthropic PBC to OpenAI have been rushing into London for office space …
Docs: OpenAI projected at the start of this year that $8/month ChatGPT Go subs will grow ~36x to 112M in 2026, while $20/month Plus subs will fall 80% to ~9M
For three years, OpenAI has generated most of its revenue from people paying $20 a month for subscriptions to ChatGPT.
AI researchers launch talkie, a 13B vintage language model trained on historical texts and with a 1930 cutoff, to see if it can replicate scientific discoveries
Sources: Apple plans a new Siri camera mode in iOS 27 by moving Visual Intelligence, currently tied to the Camera Control button, into the camera app
Apple Inc. is planning to embed artificial intelligence more deeply into the iPhone's camera app, adding a new Siri mode alongside …
Filing: TSMC sold its remaining 1.11M Arm shares at $207.65/share for a total of ~$231M from April 28 to 29; TSMC invested ~$100M in Arm's 2023 IPO at $51/share
Taiwan Semiconductor Manufacturing Co (2330.TW), the world's largest contract chipmaker, has sold its remaining stake in Arm Holdings …
Microsoft is rolling out Copilot 365 to ~743K of Accenture's employees, in the biggest enterprise deal for Copilot, after an August 2023 pilot for a few hundred
Parallel Web Systems, founded by former Twitter CEO Parag Agrawal and that offers web search tools for AI agents, raised a $100M Series B at a $2B valuation
Parallel Web Systems raised $100 million in Series B funding to continue building web search for AI agents
Musk v. Altman: the judge asks Elon Musk and Sam Altman to “control your propensity to use social media to make things worse outside this courtroom”
The judge overseeing a high-profile court case between Elon Musk and OpenAI has asked the tech executives involved in the legal battle …
GitHub addresses two recent incidents and says it aims to improve reliability amid AI growth, focusing on “availability first, then capacity, then new features”
or worse, bluesky.@theo:Github has been down for most of the day. I'm so tired of this. Never been so ready to move on. [image]Ahmet /@bruvimtired:we should all get together and finish building gitbru...
Sources: Apple tells suppliers it will maintain its current production share in India rather than expand, after local sites struggled without China-based teams
PALO ALTO, California/TAIPEI — Apple's incoming CEO has a China problem: On the one hand, the iPhone giant is finally seeing sales rebound …
Amazon and OpenAI announce an expanded deal that will make OpenAI's models available from AWS, a day after OpenAI revised its Microsoft partnership
I've spoken with hundreds of customers in my first few months …Ashley Kramer:The conversation with enterprise leaders has moved beyond experimentation. More and more teams are focused on how to deplo...
eBay reports Q1 revenue up 19% YoY to $3.09B, vs. $3.04B est., net income up 2% to $512M, GMV up 18% to $22.2B, and forecasts Q2 revenue above estimates
The company logged a profit of $512 million, or $1.12 a share — EBay recorded higher profit and revenue in its latest quarter as gross merchandise volume climbed.
Sources: Anthropic has begun weighing a new funding round at a $900B+ valuation, after previously resisting investor proposals at an $800B+ valuation
Anthropic PBC has begun weighing a fresh funding round that would value the artificial intelligence developer at more than $900 billion …
Indonesia sentences eFishery founder Gibran Huzaifah to nine years in prison, concluding a $300M scandal that destroyed one of Southeast Asia's top startups
Indonesia handed eFishery founder Gibran Huzaifah a nine-year prison sentence on Wednesday, concluding a high-profile $300 million financial scandal …
Letters: House Homeland Security Committee and House China Select Committee are probing Airbnb and Cursor maker Anysphere over their use of Chinese AI models
THE SCOOP — Two Republican-led House committees are probing Airbnb and Anysphere, maker of AI coding platform Cursor …
Sources: Apple plans an AI photo editing overhaul in iOS 27, iPadOS 27, and macOS 27, including using on-device AI models to extend, enhance, and reframe photos
New York-based Actively, which offers AI sales agents for account management, raised a $45M Series B co-led by TCV and First Harmonic at a $250M valuation
Uber partners with Expedia to launch a hotel booking integration in its app in the US, and plans to add Expedia's Vrbo brand later in 2026
Uber Technologies Inc. is adding hotel bookings in its flagship app, marking the ride-hail company's biggest push yet into the travel market as it seeks to create an everything platform.
SpaceX draft IPO filing: from 2023 to 2025, Starlink's individual subscribers rose from 2.3M to 8.9M, revenue grew from $3.9B to $11.4B, and ARPU fell 18%
SpaceX's Starlink satellite internet service quadrupled its individual subscribers between 2023 and 2025—but the average revenue …
Qualcomm reports Q2 revenue down 3% YoY to $10.6B and says a top hyperscaler is on track to begin using its chips later this year; QCOM jumps 7%+ after hours
Qualcomm Inc. rallied in late trading after the company said it was making headway in the lucrative data center market and predicted …
Q&A with Sam Altman and AWS CEO Matt Garman about OpenAI's new AWS partnership, Bedrock Managed Agents, local vs. cloud, Trainium chips, the AI stack, and more
Ben Thompson /Stratechery:
Brookfield-backed Compass drops plans to develop 800+ acres in Virginia's 2,100-acre Digital Gateway data center corridor, sources say due to local opposition
Compass Datacenters is pulling out of a yearslong effort to build a key part of 2,100-acre data center corridor in Northern Virginia …
Google launches Ask YouTube, a conversational AI search “experiment” that generates pages with videos and text summaries, for Premium users in the US aged 18+
Scout AI, which is building an AI model to operate and command military assets like autonomous ATVs, raised a $100M Series A co-led by Align and Draper
At a U.S. military base in central California, four-seater all-terrain vehicles roam hillside trails.
Google has told employees in a memo that it “proudly” works with the US military and will continue to do so, amid opposition from some staff over DOD contracts
The tech giant signed an artificial intelligence deal with the defence department on Monday
A working paper uses an LLM to analyze X's political discourse, finding that anger is by far the most common emotion expressed by US users, especially those 65+
There is a gap between the calm, rational decision-makers we often aspire to be and the overwrought, sentiment-tossed creatures we often are.
Source: China's leverage against Meta in the Manus deal could include that 10%+ of its revenue is from Chinese ads and Goertek in Meta AI glasses' supply chain
National Development Reform Commission is becoming Beijing's chief enforcer — China's abrupt order to Meta to unwind its $2bn deal …
Aidoc, which provides AI medical imaging software to flag incidental findings on CT scans and X-rays, raised a $150M Series E, taking its total funding to $520M
Aidoc, a clinical AI medical imaging provider, raised $150 million in Series E funding, CEO Elad Walach tells Axios Pro exclusively.
Divine, a Vine reboot financed by Jack Dorsey-backed nonprofit “and Other Stuff” and built by an early Twitter employee, debuts with ~500K restored Vine videos
A new project to bring back Vine's six-second looping videos is now available for download on the App Store and Google Play.
Sources: the US Commerce Department last week ordered multiple chip equipment companies to halt some shipments to China's second-largest chipmaker, Hua Hong
The FIDO Alliance launches two working groups to develop industry standards for securing AI agent transactions; Google contributes its Agent Payments Protocol
Crypto payments company MoonPay acquires Israeli crypto security startup Sodot, sources say in a ~$100M all-stock deal, to launch a unit focused on institutions
MoonPay Inc. has acquired Sodot, an Israeli crypto security startup, as part of a plan by the crypto payments firm to launch …
Sources: Polymarket has discussed lifting the prohibition on US-based customers with the CFTC, as it seeks to bring its main exchange back to the US
SpaceX IPO filing: Elon Musk can only be removed as CEO via a vote by holders of Class B super-voting shares, which he will control post-IPO, a rare provision
SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without …
Rogo, which uses AI to help lighten junior bankers' workloads, raised a $160M Series D led by Kleiner Perkins at a $2B valuation, up from $750M in January
Rogo, started by young bankers around a kitchen table in 2021, just won a multibillion-dollar valuation
Sources: OpenAI has, in practice, abandoned its Stargate JV in favor of large bilateral deals; execs say its guiding principle remains to “build more compute”
Chief executive Sam Altman's flexible approach to infrastructure projects is unsettling partners but boosting computing lead
Alphabet reports Q1 revenue up 22% YoY to $109.9B, vs. $107.2B est., and Google Cloud revenue up 63% to $20B, vs. $18.05B est.; GOOG jumps 6%+ after hours
Alphabet Announces First Quarter 2026 Results MOUNTAIN VIEW, Calif. - April 29, 2026 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) …
Mayo Clinic researchers detail Redmod, an AI system that identified subtle changes in routine CT scans an average of 475 days before pancreatic cancer diagnosis
An artificial intelligence system can spot pancreatic cancer long before it shows up on scans, raising the prospect of catching …
EU countries and lawmakers fail to reach a deal on a watered-down AI Act after 12 hours, due to some parties seeking exemptions for already regulated industries
Cognizant agrees to acquire Astreya, which helps manage data center infrastructure, AI lab environments, and enterprise networks, for ~$600M, set to close in Q2
Cognizant Technology (CTSH.O) has agreed to buy Astreya, an IT services and technology provider focused on AI infrastructure …
Samsung's Lee family dynasty reached a combined ~$45.5B net worth in March, up from ~$20.1B in 2025, amid the AI boom; they are now Asia's third-richest family
When Lee Kun-hee, the patriarch behind Samsung Electronics Co. died in 2020, his dynasty soon dealt with a crisis on two fronts …
OpenLight, which designs custom application-specific photonic chips, raised $50M in a Series A extension, after raising $34M in August 2025
Startup designs custom application-specific photonic chips — OpenLight has raised an additional $50 million in an extended Series A funding round …
Sources: Goldman Sachs stopped its bankers in Hong Kong from using Anthropic's models; Anthropic says its models were never officially “supported” in Hong Kong
Hightouch, which uses AI to help marketers create and manage campaigns, raised $150M led by Goldman Sachs and Bain at a $2.75B valuation, up from $1.2B in 2025
The Trade Desk also invested in Hightouch, which is now valued at $2.75 billion — Hightouch, a platform that uses generative AI …
Sources: Google dropped out of a $100M Pentagon challenge to create tech for voice-controlled, autonomous drone swarms, following an internal ethics review
Katrina Manson /Bloomberg:
Snap launches AI Sponsored Snaps, a conversational ad format in Snapchat's Chat tab that lets users talk to brand-specific AI agents for product recommendations
Amazon reports Q1 ad revenue up 24% YoY to $17.24B, vs. $16.87B est., and subscription services revenue up 15% to $13.43B
Annie Palmer /CNBC:
Microsoft's Q3 Intelligent Cloud revenue was $34.68B vs. $34.27B est., with Azure and other cloud services surging 40% YoY; Microsoft 365 Copilot has 20M+ seats
Jordan Novet /CNBC:
Microsoft reports Q3 revenue up 18% YoY to $82.9B, net income up 23% to $31.8B, and says its AI business surpassed an annual revenue run rate of $37B, up 123%
Lovable launches its AI coding app on iOS and Android, letting users code via voice or text AI prompts, and allowing them to switch between a PC and mobile
South Africa withdraws its first draft national AI policy after revelations that it contained fictitious sources that appeared to have been AI-generated
Meta reports Q1 revenue up 33% YoY to $56.31B, net income up 61% to $26.77B, says “scrutiny on youth-related issues” and trials may “result in a material loss”
Pursuit, which uses AI to scan public data to help companies find and win government contracts, raised a $22M seed led by OpenGov co-founder Mike Rosengarten
Mike Vichich grew up in Michigan. His family, he recalls, dedicated their lives to public service.
Meta says Q1 family daily active people fell 20M QoQ to 3.56B, vs. 3.62B est., due to internet disruptions in Iran and WhatsApp access restrictions in Russia
Jonathan Vanian /CNBC:NEW
Alphabet reports YouTube's Q1 ad revenue rose 10.7% YoY to $9.88B, vs. $9.99B est., and Google's ad revenue reached $77.25B, up from $66.89B in Q1 2025
Todd Spangler /Variety:
Bengaluru-based stock trading platform Sahi raised a $33M Series B led by Accel at a $200M valuation to expand into margin trade funding, commodities, and more
The Economic Times:
US prosecutors allege Peter Stokes, a 19-year-old dual US-Estonian citizen known as Bouquet, is a Scattered Spider member; he was arrested in a Helsinki airport
China's National Supercomputing Center in Shenzhen unveils the Lingshen project, aiming for 2+ exaFLOPS performance using a domestic-made CPU-only architecture
Meta reports Reality Labs Q1 revenue of $402M, vs. $488.8M est., and a $4.03B operating loss, vs. $4.82B est.; Reality Labs has $80B+ in losses since late 2020
Jonathan Vanian /CNBC:Forums:r/technologyForums:r/technology:Meta's Reality Labs lost over $4 billion in first quarter / The Reality Labs unit has now accumulated over $80 billion in total operating l...
AWS revenue rose 28% YoY in Q1 to $37.6B, vs. $36.64B est., its fastest growth in 15 quarters, as capital expenditure rose to $44.2B, up from $25B in Q1 2025
Google says paid subscriptions reached 350M in Q1, up 25M QoQ, driven by YouTube and Google One, while Gemini Enterprise paid MAUs grew 40% QoQ
and AI is a big reason
Foxconn Industrial Internet, which sells AI servers, reports Q1 revenue up 57% YoY to ~$37B, below $44.5B est., and a record ~$1.5B net income, below $1.8B est.
Cash-rich AI startups fuel a boom in Manhattan's commercial real estate market; many offices have more vacant desks than workers, as startups prepare to scale
Isabelle Bousquette /Wall Street Journal: