The Contract That Never Settles
Kalshi was legitimized as a forecasting machine — a regulated exchange where bets on real events resolve to true or false. On May 29 it launched perpetual futures, the crypto instrument engineered never to settle. The $22 billion valuation was priced on accuracy. The revenue comes from leverage.
Anthropic raised a $65B Series H at a $965B post-money valuation, overtaking OpenAI's $852B valuation, and says its revenue run rate crossed $47B this month
Anthropic raised $65 billion in new fund-raising that put its value at $900 billion, ahead of OpenAI's last valuation of $730 billion, as the companies duel for A.I. dominance.
Anthropic launches Opus 4.8, saying it's “more likely to flag uncertainties about its work and less likely to make unsupported claims”, at the same price as 4.7
On Thursday, Anthropic released Opus 4.8, the newest version of its most advanced publicly available model.
Blue Origin's New Glenn rocket, which exploded during testing on Thursday, was set to ferry 48 Amazon Leo satellites on Monday; Amazon paid Blue Origin $2.7B
Failure comes days before planned launch of internet satellites for Amazon
Dell reports Q1 revenue up 88% YoY to $43.84B, vs. $35.43B est., and forecasts FY 2027 revenue above estimates; DELL jumps 33%+
Dell reported its fastest pace of revenue growth for any period since its return to the public market more than seven years ago, and topped analysts' estimates for sales and profit.
Letter: US Central Command says it received “threat reports concerning adversary exploitation of commercial location data” to target US personnel in war zones
U.S. forces deployed to war zones have been targeted using commercially available location data …
After hitting their annual AI budget in months or seeing their AI bills double or triple due to “tokenmaxxing”, some companies are rationing or tracking AI use
Executives are scrambling to track returns on AI investments as the bill for massive computing needs comes due
Dell stock closed up 32.81%, its best day ever, after reporting its fastest pace of revenue growth for any period since returning to the public market in 2018
Shares of Dell Technologies closed 32.76% higher on Friday, wrapping its best day ever after the company reported its fastest pace …
Samsung says it has started shipping its first 12-layer HBM4E samples to major clients; SK Hynix said in April that it aimed to ship HBM4E samples in H2 2026
Samsung Electronics Co. has begun shipping samples of the industry's most advanced memory to customers, taking an early lead …
Coinbase and Kalshi introduce perpetual crypto futures, marking the first time the contracts will be available to US investors via domestic, regulated exchanges
Cryptocurrency exchange Coinbase (COIN.O) and prediction markets platform Kalshi said on Friday they are introducing perpetual crypto futures …
Kalshi plans to offer perpetual futures contracts, saying it will be “the first company in American history to offer” them, to be “fully regulated” by the CFTC
Kalshi announced Friday that it will begin offering perpetual futures contracts …
What to expect at Computex 2026: AI chips, budget PCs competing with the MacBook Neo, Nvidia entering laptop SoC market with the rumored N1X chip, and more
The theme for Computex 2026, according to organizer TAITRA, is “AI Together.” Sure, it sounds a little like a tech-industry group hug.
Microsoft faces backlash after a blog post implied criminal referral and legal action against security researcher Nightmare Eclipse over public bug disclosures
After a security researcher published a series of unpatched bugs in Microsoft products, along with code to exploit them …
Sources: Microsoft is working on an app that will include GitHub Copilot, Copilot chat, Copilot Cowork, and a new agentic workflow tool called Autopilot
Microsoft needs to solve a nagging problem: It has various Copilot AI assistants throughout its portfolio of products, irking customers who seek a single destination.
Sources: Amazon has shut down an internal leaderboard that tracked employees' use of AI tools after workers tried to boost their scores with needless tasks
Senior executive Dave Treadwell tells staff 'don't use AI just for the sake of using AI' as costs rise
California AG Rob Bonta sues 23andMe, alleging it failed to protect sensitive user data in a 2023 breach that affected ~7M people across the US
California's attorney general sued the genetic testing company formerly known as 23andMe on Thursday, alleging it failed to protect sensitive user data …
Asana acquires StackAI, a no-code platform for building AI agents, for $75M as part of Asana's broader AI pivot; PitchBook: StackAI raised ~$20M
Asana has acquired the workflow automation company StackAI for $75 million, part of a larger effort to position itself as an AI-native workplace platform.
AI startup Shift launches a free home cleaning service in NYC to record first-person video with a camera-equipped cap and use it to train robots
Shift says a ‘magic hat’ will record its cleaners working inside your home. … AI training startup Shift wants to clean your home for free.
Microsoft overhauled Copilot's design in Microsoft 365 with a minimalist black-and-white, text-focused interface aimed at creating a more consistent experience
The AI assistant had its personality stripped in pursuit of a more consistent experience. — Copilot is getting yet another …
Doc: the EU is preparing emergency powers to intervene in Europe's chip supply chains during shortages, including by forcing chipmakers to override contracts
Chipmakers could be forced to override existing contracts under draft law — The EU is preparing sweeping emergency powers …
A BBC Question Time episode featured a panel with AI-generated historical figures like Churchill, intended to show AI images' “hyper-real and persuasive” nature
- BBC Question Time aired a special episode on AI, featuring a panel composed of AI-generated historical figures.
A look at Anthropic's hiring process, which prohibits AI use in interviews and features a culture interview that candidates describe as highly intense
To win a coveted role, candidates shouldn't outsource their thinking to AI — and should be prepared to talk about their worldview.
BYD announces the Xuanji A3 chip, which it calls China's most powerful chip for ADAS and the centerpiece of its new laptop-sized central computing platform
BYD Co., the world's largest electric vehicle maker, unveiled a series of technology advances including what it calls China's most powerful chip for self-driving cars.
Sources: SpaceX is currently targeting an IPO valuation of at least $1.8T, down from a previous $2T+ target, after consultations with advisers and investors
SpaceX is currently targeting a valuation of at least $1.8 trillion in its initial public offering, according to people familiar with the matter …
France's market regulator warns crypto companies they could face blacklisting and lawsuits if they don't have MiCA licenses by the EU's June 30 deadline
France's top markets regulator warned crypto companies they could be blacklisted and sued if they do not get an EU licence to operate by end of June …
Okta reports Q1 revenue up 11% YoY to $765M, vs. $752M est., says the agentic AI build-out is spiking demand for its identity tools; OKTA jumps 19%+
Okta beat Wall Street's fiscal first-quarter estimates after the bell on Thursday as demand for identity security tools spikes …
SentinelOne's stock closes down 8% after the company announced plans to lay off 8% of its workforce and forecasted Q2 and FY revenue guidance below estimates
SentinelOne shares sank 8% as the cybersecurity company laid off 8% of its full-time workforce to focus on artificial intelligence and data investments.
ElevenLabs launches Dubbing v2, which it says preserves the original speaker's emotion, tone, and pacing across 90+ languages while staying synced to content
Today we're launching Dubbing v2, our revolutionary new AI dubbing model. — For the first time, the emotion and performance …
Pittsburgh-based Gray Swan, which stress-tests AI models for top frontier AI labs, raised a $40M Series A at a $200M valuation co-led by Wing VC and Madrona
Gray Swan works with every major frontier AI lab. Now it's raised $40 million as it expands to sell security tools to enterprises building AI agents.
Former Tesla data labelers say FSD relies on laborious mapping for hazards; crash data analysis shows Tesla exaggerates FSD's safety via flawed methodology
Tesla says its Full Self-Driving software is up to 10 times safer than human drivers. But the figures the company uses to support …
Hands-on with Gemini Spark beta rolling out to AI Ultra subs: planned a birthday party from emails and calendar, but called a live-in boyfriend a “close friend”
Google's new AI agent combed through my emails, documents, and calendar to plan a birthday party and still didn't clock the person most important to me.
US Space Force says SpaceX won a $4.16B contract to build a space-based tracking network as part of President Trump's Golden Dome defensive shield
SpaceX has won a contract for more than $4 billion to build satellites to track foreign aircraft and missiles as part of President Donald Trump's Golden Dome defensive shield.
Paxos says the US SEC has approved its registration as a clearing agency, allowing it to provide clearing and settlement services for eligible transactions
Quick Take — Paxos said its subsidiary, Paxos Securities Settlement Company (PSSC), has received registration as a clearing agency …
Anthropic adds dynamic workflows to Claude Code, enabling hundreds of subagents to run in parallel for complex engineering tasks such as framework migrations
Early access users and teams inside Anthropic have been using dynamic workflows for a wide range of use cases, including:
EY-Parthenon: VC funding for Singapore startups fell 34% YoY to $4.6B in 2025, with AI startups accounting for 42.8% of the 472 deals, raising $1.4B, up 28% YoY
Singapore-based AI startups raised about S$1.8 billion ($1.4 billion) in 2025, accounting for nearly a third …
AI researchers ran 15-day simulations of worlds governed by different AI models: Claude Sonnet 4.6 recorded no crimes, while Gemini 3 Flash had the most at 683
Imagine a world run by AI agents. What does it look like? What are the values or societal priorities? Is it a safer or more dangerous world?
Anthropic says it expects Mythos-class models to be available to all customers “in the coming weeks” following the development of stronger safeguards
and drops a new modelSarthak Singh /Moneycontrol:Anthropic launches Claude Opus 4.8 with dynamic workflows and effort control; here's how it compares to GPT-5.5 and Gemini 3.1 ProBen Schoon /9to5Googl...
Xcena, whose MX1 chip performs data orchestration and KV cache management directly within memory modules, raised a $135M Series B at a $570M valuation
Every time you ask ChatGPT a question, your request triggers a data relay race. Information leaves memory, passes through a CPU for preprocessing …
OpenAI says it has briefed the White House on its new biodefense program, which uses GPT-Rosalind to help develop biodefense and pandemic preparedness tools
OpenAI is launching a tool to help develop new biodefense and pandemic preparedness capabilities, according to an announcement shared first with Axios.
Oura unveils the Oura Ring 5, with a 40% smaller form factor, improved sensing, and repositioned LEDs, shipping from June 4 for $399, up from the Ring 4's $349
London-based Inherent, which aims to combine human scientific research with AI to produce innovations, emerges from stealth with $50M led by Index Ventures
London-based Inherent has recruited Entrepreneurs First cofounder Matt Clifford as an adviser — London-based AI lab Inherent …
Qualcomm unveils the Snapdragon C, an entry-level ARM-based SoC for Windows 11 devices starting from $300 and shipping in 2026, taking aim at the MacBook Neo
Snowflake stock closed up 36% on Thursday, its best day ever, after the company boosted guidance and announced an AI compute deal with Amazon
Software stocks popped on Thursday after Snowflake said it plans to spend $6 billion on compute from Amazon and topped earnings estimates on artificial intelligence momentum.
Sources: TikTok is cutting music label-facing jobs to focus on its music distribution arm SoundOn and other projects that connect it more directly with artists
Music has been core to TikTok's identity since its inception. What started as a lipsyncing app called Musical.ly morphed …
Lenovo's stock is up 105% in May, marking its biggest monthly gain since 1999, after earnings showed AI-related revenue helped offset rising memory costs
Lenovo Group Ltd. recorded its best month in more than a quarter-century, with the stock doubling in May as investor enthusiasm built around …
Sources: Airwallex raised new funding led by Lee Fixel's Addition at a ~$12B valuation, up from $8B late last year, and hit $1.5B in ARR, up from $1B in October
Payments firm Airwallex has raised new funding at around a $12 billion valuation led by Lee Fixel's Addition, Axios has learned.
MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth
TAIPEI — MediaTek says it has started working with Intel for advanced chip packaging in addition to its existing relationship with TSMC …
Sources: ByteDance has partnered with chipmaker InnoStar to develop an AI inference chip modeled after Groq's LPUs, which are built to run AI models at low cost
TikTok owner ByteDance is developing a new chip to run artificial intelligence models as part of an aggressive expansion of its homegrown AI infrastructure.
Sports Illustrated rights holder Minute Media lays off 12% of staff and reverses its ~$200M deal to buy VideoVerse, an AI platform to extract sports highlights
The unicorn says restructuring reflects push for efficiency and long-term growth amid changes in the media market …
Waymo unveils Ojai, a vehicle designed in partnership with Zeekr for robotaxi use, initially for select riders in San Francisco, Los Angeles, and Phoenix
The CFTC moves to vacate a $5M settlement with Gemini, reversing a Biden-era enforcement action, following a lobbying campaign by the Winklevoss twins
Elon Musk says Anthropic's Colossus deal is “a 180 day lease with 90 day notice”; SpaceX's S-1 said Anthropic “agreed to pay a monthly fee through May 2029”
Allegations that China is behind US data center protests draw criticism from allies of the AI industry, who say the industry and politicians are in denial
Claims that China and overseas propaganda drive Americans to rise up against data centers are based on scant evidence. — Summary
Meta's Oversight Board says Meta agreed to increase its funding by $13M, ensuring that it will be funded through 2028, reversing a planned decrease in funding
Tencent bets on smaller AI models in the race with Chinese rivals, as EVP Dowson Tong says AI now contributes 20%+ of its revenue and 95%+ of new internal code
HONG KONG — As competition for AI users intensifies in China, Tencent is taking a different approach than rivals Alibaba …
YouTube launches new Premium podcast features, including an AI-powered recommendation tool, an “Auto speed” setting, and a new on-the-go listening mode
A look at strains in the UK's fintech sector, as former industry darlings are forced to overhaul their operations or merge under pressure to reach profitability
Shachar Bialick credits his stint in the Israel Defense Forces 25 years ago for instilling in him the determination to build …
IBM and Red Hat commit $5B to Project Lightwell, an AI-driven initiative to help enterprises secure open-source software, deploying 20,000 engineers globally
Tel Aviv-based web development company Wix cuts ~20% of its workforce, citing the “fast evolution of AI capabilities” and currency exchange rate difficulties
Autodesk agrees to buy MaintainX, a company focused on maintenance tools, in an all-cash deal that values MaintainX at $3.6B
Dell reports Q1 AI server revenue up 757% YoY to $16.1B and raises its FY 2027 AI server revenue forecast to $60B, up from its prior projection of $50B
Mike Wheatley /SiliconANGLE: