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Google releases Multi-Token Prediction drafters for its Gemma 4 models, which use a form of speculative decoding to guess future tokens for faster inference (Ryan Whitwam/Ars Technica)

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Sources: Microsoft is considering delaying or dropping its 2030 goal of matching its hourly power use with renewable energy purchases, amid the data center boom (Bloomberg)

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Following its SpaceX deal, Anthropic doubles Claude Code's five-hour rate limits for paid plans and removes peak hours limit reduction for Pro and Max plans (Anthropic)

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SpaceX signs an agreement with Anthropic to provide access to Colossus 1, and says Anthropic expressed interest in partnering for orbital compute capacity (xAI)

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Anthropic updates Claude Managed Agents with "dreaming", a scheduled process that reviews recent work and updates memory, available in research preview (Frederic Lardinois/The New Stack)

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Sources: DeepSeek is in talks to raise $3B to $4B led by China's national AI fund, valuing DeepSeek at up to $50B (Reuters)

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London-based Ethos, which lets companies use AI for hiring, including for voice interviews and profile analysis, raised a $22.75M Series A led by a16z (Ana-Maria Stanciuc/The Next Web)

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Google DeepMind takes a minority stake in the maker of Eve Online, a multiplayer role playing game set in outer space, and plans to train its tech on the game (Cecilia D'Anastasio/Bloomberg)

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SCOTUS rejects Apple's request to temporarily block a judicial order in the Epic Games lawsuit that found Apple in violation of court-mandated App Store changes (Mike Scarcella/Reuters)

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The UK FCA says it is investigating PayPal, Mastercard, and Visa for alleged anti-competitive behavior; Visa says it is "regarding the PayPal digital wallet" (Laith Al-Khalaf/Financial Times)

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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)

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

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Apple's R&D spending hit 10.3% of revenue in Q2, up from 7.6% in Q1 and 9% in Q2 2025, amid the AI boom; Q2 revenue rose 17% YoY, while R&D jumped 34% YoY (CNBC)

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Nvidia invests $500M in Corning, which will grow its US optical connectivity capacity by 10x and expand its US fiber production capacity by 50%+; GLW jumps 15%+ (Nicholas G. Miller/Wall Street Journal)

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reMarkable Paper Pure review: the new $399 e-paper slate has a great display, responsiveness, and design, but no backlight or typing, and some software issues (Daniel Cooper/Engadget)

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Magnitt: startup funding in the Middle East and North Africa was flat YoY at $799M in Q1 amid the Iran war; Saudi VC firms are pressing ahead with fundraising (Yassmin Jabri/Bloomberg)

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A profile of David Sacks, the White House's AI and crypto adviser since December 2024, who is ruthlessly devoted to self-interest and helped pass the GENIUS Act (George Packer/The Atlantic)

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Sources: in a reshuffle, LinkedIn CEO Ryan Roslansky will lead Microsoft's new Work Experiences Group, including Teams, after 35-year veteran Rajesh Jha retired (Tom Warren/The Verge)

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Corning and Nvidia partner to open three advanced manufacturing plants in North Carolina and Texas dedicated to optical tech for Nvidia, creating 3,000+ jobs (Katie Tarasov/CNBC)

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OpenAI partners with Microsoft, AMD, Broadcom, Nvidia, and Intel researchers to detail the Multipath Reliable Connection (MRC) protocol to help scale compute (Nat Rubio-Licht/The Deep View)

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Instacart reports Q1 revenue up 14% YoY to $1.02B, above $1.01B est., GTV up 13% YoY to $10.29B, and orders up 10% YoY to 91.2M, as users focus on affordability (Nicholas G. Miller/Wall Street Journal)

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Crypto miner Hut 8 signs a lease worth $9.8B+ over 15 years to provide computing power to a "high-investment-grade company" at its Nueces County, Texas campus (Dina Bass/Bloomberg)

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Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, trips up 20% YoY to 3.6B, and a $1B revenue UK tax law hit (Financial Times)

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Doc: SpaceX proposes spending $55B to begin building a Terafab chip facility in Grimes County, Texas, and estimates total capital expenditures could hit $119B (Debby Wu/Bloomberg)

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Finnish AI lab QuTwo, led by ex-AMD Silo AI CEO Peter Sarlin, raised a €25M angel round at a €325M valuation, and secures $23M in committed partnership revenue (Anna Heim/TechCrunch)

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Sources: Denver-based, Blue Owl Capital-owned Stack Infrastructure is considering selling all or some of its Asia data center operations in an up to $30B deal (Bloomberg)

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DefiLlama: investors pulled nearly $14B from the DeFi space after North Korea-tied hackers stole $290M from Aave in April, weeks after stealing $280M from Drift (Financial Times)

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A medical student reverse-engineered AI tools used by medical colleges on suspicion they were filtering his applications, highlighting AI-driven hiring concerns (Todd Feathers/Wired)

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Sources: DeepSeek is in talks to raise funds, and the Big Fund, China's biggest state-backed chip fund, is seeking to lead the investment at a ~$45B valuation (Financial Times)

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Study: using weaker AI models to supervise a more capable model could prevent the stronger model from deliberately underperforming on benchmarks and evaluations (Emil Ryd/@emilaryd)

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Accounting software company Visma's delayed IPO, coming amid "SaaSpocalypse" fears, is a major setback for private equity parent Hg, a software buyout giant (Financial Times)

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Infineon expects data center revenue to grow from €1.5B in FY2026 to €2.5B in FY2027, as it and EU peers STMicro and NXP benefit from AI infrastructure demand (Christina Kyriasoglou/Bloomberg)

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Security camera companies are embracing AI to give customers detailed descriptions of surveillance footage that are often spot on but can also be wildly wrong (Scott Calvert/Wall Street Journal)

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Study: US schools with strict cellphone bans in class have not seen higher test scores on average so far, but students reported a greater sense of well-being (Dana Goldstein/New York Times)

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Sources: Blue Origin outlines a new employee stock plan to quell staff unrest and make its incentives more competitive with SpaceX (Rafe Rosner-Uddin/Financial Times)

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Google quietly shuts down Project Mariner, its Chrome-browsing AI agent for completing tasks on users' behalf, after highlighting it onstage at I/O 2025 (Max Zeff/@zeffmax)

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Germany-based eleQtron, which develops trapped-ion quantum computing processors using proprietary tech, raised a €57M Series A led by Schwarz Digits (Tamara Djurickovic/Tech.eu)

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Source: Alphabet is in talks with Blackstone, KKR, and EQT to give their portfolio companies AI model access, after OpenAI's and Anthropic's JVs with PE firms (The Information)

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Nace.AI, which lets companies build specialized AI models tailored to their business' mission and language, raised a $21.5M seed led by Walden Catalyst (Chris Metinko/Axios)

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Coupang reports Q1 revenue up 8% YoY to $8.5B and a net loss of $266M following a 2025 Korean customer data breach, its largest loss since Q4 2021 (The Korea Herald)

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CRM software company Freshworks said it plans to cut 11% of its workforce, or ~500 jobs, as it deals with AI's impact; FRSH has dropped ~26% in 2026 (Anhata Rooprai/Reuters)

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US labor experts and economists warn US unemployment benefits are unlikely to protect against AI job losses, and the GOP-led Congress is doing little to prepare (New York Times)

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Samsung reaches a $1T valuation, making it only the second Asian company after TSMC to hit the mark, after its stock rose 4x+ over the past year on the AI boom (Sangmi Cha/Bloomberg)

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Sources: the WH is mulling EOs to address security risks from advanced AI, including barring companies from "interfering" with the government's use of models (Politico)

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Doc and sources: Google is testing an agent in the Gemini app, internally named Remy, that can integrate with Google services to take actions on a user's behalf (Hugh Langley/Business Insider)

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Astrocade, which lets users create video games using natural language prompts, raised $56M, including a Series A and a Series B, and says it has ~5M MAUs (Allie Garfinkle/Fortune)

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Sources: Meta is building an OpenClaw-inspired agent internally called Hatch, to be powered by its Muse Spark model, and an agentic shopping tool in Instagram (Jyoti Mann/The Information)

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Sources: Alphabet sold its biggest-ever euro-denominated bonds, raising €9B, and its first Canadian dollar notes, raising CA$8.5B, months after raising $20B (Bloomberg)

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Kaspersky says Daemon Tools, a widely used app for mounting disk images, has been backdoored in a monthlong compromise that has pushed malicious updates (Dan Goodin/Ars Technica)

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EA reports Q4 net bookings up 3.6% YoY to $1.86B, vs. $2B est., weighed down by a post-launch drop-off in engagement for Battlefield 6 (Anhata Rooprai/Reuters)

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