Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut on May 14 after it raised $5.5B in 2026's largest IPO, giving it a market value of $67B
Cerebras Systems Inc. shares jumped 68% in its trading debut after raising $5.5 billion in the year's largest IPO …
OpenAI adds remote access to Codex in the ChatGPT mobile app, letting users control Codex sessions running on a computer directly via iOS, iPadOS, and Android
OpenAI has released a new way to interact with its Codex app from your smartphone. An update to ChatGPT's mobile app brings remote access …
Security research firm Calif says it used Mythos to help build a macOS kernel memory corruption exploit circumventing Apple's Memory Integrity Enforcement tech
During tests in April, researchers found software issues in MacOS, one of the world's toughest targets for hackers
Sources: OpenAI is weighing legal action against Apple after expectations that ChatGPT's Siri integration would generate billions per year in revenue fell short
Apple Inc.'s two-year-old partnership with OpenAI has become strained, according to people familiar with the matter …
Musk v. Altman: in closing arguments, Musk's attorney doubled down on claims of Altman's untrustworthiness, while OpenAI's lawyer said Musk has no evidence
Lawyers for Elon Musk and OpenAI made their final arguments Thursday in the landmark trial whose outcome could shape the future of artificial intelligence.
OpenAI memo: Greg Brockman says he will lead product strategy as part of a reorg, folding ChatGPT, Codex, and developer-facing API into one core product team
OpenAI is once again reorganizing its executive ranks as part of its effort to unify ChatGPT and Codex into one core product experience.
Google confirms a new storage policy test, after some users reported that new Gmail accounts get 5GB, not 15GB, of free storage if they don't add a phone number
Update: Google has confirmed that it's testing a 5GB storage limit for some new Gmail users, unless they add their number. — •
Sources: Intel has begun testing production of “low-end/legacy iPhone, iPad, and Mac processors”; Apple recognizes TSMC's resources will keep tilting toward AI
... Apple has kicked off low-end/legacy iPhone, iPad, and Mac processors at Intel on the 18A-P series (using Foveros packaging).
In a policy paper, Anthropic urges the US and allies to enforce export controls, curb distillation attacks, and export US AI to hold the lead over China by 2028
We're releasing a new paper that explains our views on the competition on AI between the US and China.
Replit says it has “worked things out with Apple”, which has approved a Replit update after four months, following a reported dispute over vibe coding apps
All's well that ends well in App Store review controversies. Back in March, a major agentic coding company made news …
Gemini reports Q1 revenue up 42% YoY to $50.3M, vs. $47.9M est., and announces a $100M strategic investment from Winklevoss Capital Fund; GEMI jumps 25%+
Gemini Space Station, the crypto exchange founded and led by the Winklevoss brothers, saw shares surge in extended trading …
The Senate Banking Committee advances the Clarity Act, which would make the CFTC the main regulator for most of crypto while the SEC oversees digital securities
Bitcoin climbed past $80,000 after the Senate Banking Committee advanced a landmark US digital asset market structure bill after months of negotiations.
Sources: 50+ researchers and engineers have left xAI since the SpaceX acquisition via layoffs, firings, and voluntary departures; many have joined Meta and TML
Call it the SpaceXAI exodus. — More than 50 researchers and engineers working on xAI's Grok models have left …
ArXiv, the repository of preprint academic research, says it will ban authors for a year if their papers have “incontrovertible evidence” of AI-generated work
The change comes as arXiv and others struggle to manage an influx of AI-generated materials masquerading as rigorous science.
Figma reports Q1 revenue up 46% YoY to $333.4M, vs. $313.2M est., and forecasts Q2 revenue above estimates, citing traction on AI monetization; FIG jumps 10%+
Figma (FIG.N) raised its annual revenue forecast on Thursday, as growing adoption of its artificial intelligence tools helped convert …
OpenAI says two employee devices were impacted via a supply chain attack on open-source library TanStack but no user data or production systems were compromised
Earlier this week, hackers hijacked several open source projects used by dozens of companies and pushed updates designed to spread malware.
Meta rolls out new features for its Ray-Ban Display glasses, including neural handwriting support for all users, and opens up support for third-party apps
You can also now capture a video combining what you see on the lens display, what you see in the world, and the audio around you.
How tech companies are using open source initiatives to achieve critical strategic goals and how such efforts are reshaping industries like AI, AVs, and more
How the Smartest Executives Are Using Open Source Techniques to Optimize Corporate Strategy — Nearly 27 years ago, on July 12 …
Sources: SpaceX aims to make its IPO prospectus public by next week, targeting a June 12 listing on Nasdaq, driven by a faster-than-expected SEC review
Elon Musk's rocket and satellite maker SpaceX is planning to price its blockbuster initial public offering as early as June 11 …
OpenAI debuts personal finance tools for US ChatGPT Pro users, partnering with Plaid to give access to 12K+ financial institutions to analyze spending and more
On Friday, OpenAI launched a new set of personal finance tools in preview for ChatGPT Pro subscribers in the U.S. …
In a viral X post that parodies the old Mac vs. PC commercials, General Catalyst posted a “VC vs GC” video, with the VC apparently modeled after Marc Andreessen
One of the most entertaining moments in VC this week was a piece of rage-bait marketing from General Catalyst.
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
Joshua Kushner's Thrive Capital has taken a stake in Shopify Inc., according to people familiar with the matter, marking a rare bet by the venture firm on a public company.
A profile of Amazon CEO Andy Jassy, who is killing projects, cutting staff, and assuring investors, all while also placing staggeringly expensive bets on AI
Thirteen miles north of Jackson, Mississippi, past the self-storage facilities, a Nissan factory and a Coca-Cola bottling plant …
xAI launches Grok Build, an agent and CLI for coding, building apps, and automating workflows, in early beta, available first for SuperGrok Heavy subscribers
Elon Musk's xAI is rolling out its first artificial intelligence coding agent, called Grok Build, in an attempt to catch up to Anthropic PBC's Claude on streamlining software development.
London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January
Multiverse raises $70mn in its first fundraising since 2022 — Euan Blair's Multiverse has raised $70mn from investors …
UK-based Iceotope, which develops data center liquid cooling tech, raised a $26M Series B co-led by Two Seas Capital and Barclays Climate Ventures
Liquid cooling system startup Iceotope Technologies Ltd. said today it has closed on a $26 million Series B round of funding as it strives …
Ofcom says X has committed to implementing stronger protections for UK users, including reviewing illegal hate and terror content within 24 hours, after a probe
Social media platform commits to providing faster review of reported material following regulator's investigation
Gallup: 71% of Americans oppose local AI data center construction, citing water and electricity issues, with opposition higher among Democrats than Republicans
Sources: Nord Quantique, a quantum computing startup that is pursuing a hardware-level quantum error correction approach, raised $30M at a $1.4B valuation
West Coast pipeline is conditional on carbon-capture project, Carney says — Boycotts, cancellations and price hikes: Get ready for a summer of travel chaos
The UK's HMRC tax authority announces a 10-year, £175M deal to use London-based Quantexa's AI tech to help identify fraud incidents and fix tax return errors
HM Revenue and Customs has announced a 10-year, £175m deal with the British tech firm Quantexa to provide AI-powered technology to help improve its performance.
AT&T, T-Mobile, and Verizon sign an “agreement in principle” to form a joint venture that aims to end wireless dead zones in the US, without giving many details
California Governor Gavin Newsom pitches a 7.25% tax on web-based software sales, targeting $1.1B in state and local revenue next budget year and $2B/year after
Akamai acquires Israeli cybersecurity startup LayerX Security, which develops a browser-based platform to secure employee use of AI tools, for ~$205M in cash
Deal expands Zero Trust strategy as enterprises struggle to control AI use. — Akamai Technologies is acquiring Israeli …
Bill Ackman says his fund has taken a new stake in Microsoft after the company's recent share price decline; Ackman says investors underestimate Microsoft 365
Pershing Square Chief Executive Officer Bill Ackman said he's taken a new stake in Microsoft Corp. after a recent decline in the share price.
Gridcare, which uses AI to detect underused capacity in electric grids, raised a $64M Series A, following a $13.5M seed in 2025
The grid intelligence startup uses AI to unlock capacity and get data centers connected faster. — Gridcare has raised $64 million in an oversubscribed Series …
A look at GameStop's takeover bid for eBay, a bizarre job application by GameStop CEO Ryan Cohen, who does not have the money to buy eBay, to become eBay's CEO
Sources: Microsoft plans to remove most of its Claude Code licenses and push its developers toward GitHub Copilot CLI, after previously pushing Claude Code
Source: Kraken cut ~150 staff after AI tools improved efficiency and its IPO may be delayed until late 2026 or early 2027 due to a drop in digital-asset prices
Kraken, one of the world's oldest cryptocurrency exchanges, has cut some staff to reduce costs and may not go public as soon …
Alphabet sold ~$3.6B of bonds in its debut yen-denominated bond sale, the largest yen deal by a non-Japanese company, as AI-driven capital spending accelerates
Indian ride-hailing app Rapido raised $240M led by Prosus as part of a broader primary and secondary financing transaction, valuing Rapido at $3B post-money
Ride-hailing platform Rapido, operated by Roppen Transportation Services Private Limited, on Friday announced that it has raised $240 million …
Professional services firm EY has withdrawn a study on loyalty rewards programs after researchers at GPTZero found apparent AI hallucinations and fake footnotes
Incident is latest example of professional services firm being led astray by new technology — EY has withdrawn a study …
Microsoft updates Edge with new AI features, including letting Copilot gather information from open tabs and use browsing history for more relevant answers
OpenAI's disavowal of a liability shield in Illinois SB 3444 bill and endorsement of a stronger SB 315 suggest it is open to meaningful AI safety legislation
Transformer Weekly: US-China talks, AI executive order, and Anthropic's $900b valuation … - Scott Bessent said the US and China will …
Motorola Razr Fold review: good performance and screen, great battery life, sharp cameras, and stylus support, but heavier than the Z Fold 7 and lackluster AI
Sources: Anthropic has agreed to the terms of a $30B fundraising at a $900B valuation, with Sequoia, Dragoneer, Greenoaks, and Altimeter co-leading the round
Spotify says it will adopt Apple's HTTP Live Streaming tech later in 2026, helping Spotify creators distribute video podcast shows on Apple Podcasts and Spotify
Anthropic and the Gates Foundation pledge $200M to use AI in health and education initiatives; the foundation signed a similar, $50M deal with OpenAI in January
Anthropic launches Claude for Small Business, featuring a host of automated services like bookkeeping functions, business insights, and tools for ad campaigns
A profile of AI video generation startup Runway, which is training models directly on observational data, is now valued at $5.3B, and added $40M in ARR in Q2
Every major AI lab is betting on language. Runway is betting they're wrong. — AI video generation startup Runway doesn't have the typical Silicon Valley pedigree.
A look at Matthew McConaughey's novel legal strategy to fight unauthorized AI use of his image and likeness, by trademarking video and audio clips of himself
The actor has secured trademarks covering his persona, hoping to deter unauthorized AI use. Will it make a difference?See also Mediagazer
Filings: YouTube and Snap reached agreements to settle a lawsuit headed to trial in June over claims addiction to social media has disrupted students' learning
Google's YouTube and Snap Inc. reached agreements to settle the first lawsuit headed to trial over claims that addiction …
Razer updates the Blade 18 with an Intel Core Ultra 9 290HX Plus chip, starting at $4000 with an Nvidia RTX 5070 Ti, up $500 from the comparable 2025 model
Kioxia reports record Q4 operating profit of ~$3.8B, forecasts Q1 operating profit of ~$8.2B, and says it's planning a US listing; Kioxia's stock is up 300% YTD
Sources: the US FTC is investigating whether Arm is trying to illegally monopolize parts of the semiconductor market
Arm Holdings Plc is facing an antitrust investigation by the US Federal Trade Commission over the UK company's licensing of its semiconductor technology …
Sources: HSG, formerly known as Sequoia China, set up a $3B continuation fund anchored by its ByteDance stake, offering ByteDance exposure at a ~$370B valuation
HSG, the investment firm formerly known as Sequoia Capital China, has closed a $3 billion continuation vehicle anchored by a stake in ByteDance Ltd. …
Ian Crosby's Synthetic, which is building an AI bookkeeper, raised a $10M seed led by Khosla; Crosby founded Bench, which raised $100M+ and imploded in 2024
Ford's stock jumped as much as 25% over two days after the launch of Ford Energy, a subsidiary offering battery storage capacity using CATL tech to data centers
Sources: xAI co-founder Igor Babuschkin plans to raise up to $1B at an up to $5B valuation for a new AI research startup, with General Catalyst possibly leading
Cerebras' co-founders, CEO Andrew Feldman and CTO Sean Lie, own stakes worth $3.2B and $1.7B, respectively, representing about 5.5% and nearly 3% of the company
The tech billionaires club has two new members after Cerebras' blockbuster IPO lifted the chipmaker's market cap close to $100 billion.
Semiconductor stocks fell globally on Friday after the Trump-Xi summit concluded without major chip deals; Nvidia closed down 4.42% and AMD closed down 5.69%
China ‘chose not’ to buy Nvidia chips
Wirestock, which says it provides multi-modal data to six of the largest foundation AI labs, raised a $23M Series A, bringing its total funding to $26M
Nvidia's future in China remains unclear after the Trump-Xi Summit; Trump says China “chose not to” buy Nvidia chips as “they want to try to develop their own”
The standoff comes as Chinese firms increasingly turn to domestic chipmakers like Huawei …