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Sources: Sam Altman discussed spinning out OpenAI's robotics and consumer hardware divisions in late 2025 to give them more room to grow; the plan was rejected (Berber Jin/Wall Street Journal)

As Colorado tech leaders say that burdensome regulations are driving companies away, lawmakers introduce a slimmer version of an AI anti-discrimination bill (Owen Tucker-Smith/Wall Street Journal)

How AI is transforming the pharma industry, with most gains so far from back-office streamlining and faster manufacturing rather than breakthrough drug research (Peter Loftus/Wall Street Journal)

Lattice Semiconductor agrees to acquire AMI for $1.65B in cash and stock; Georgia-based AMI provides firmware and infrastructure manageability for cloud and AI (Mike Rogoway/Oregonian)

Grab reports Q1 revenue up 24% YoY to $955M, above est., and a $154M adjusted EBITDA, vs. $146.3M est., helped by resilient demand for ride hailing and delivery (Olivia Poh/Bloomberg)

New Mexico child safety trial: New Mexico asks a judge to declare Meta a public nuisance and to order it to pay $3.7B and overhaul its apps to protect children (Diana Novak Jones/Reuters)

Crypto stocks jump after lawmakers struck a compromise on the CLARITY Act to preserve stablecoin rewards under certain conditions; Circle's stock closed up ~20% (Tanaya Macheel/CNBC)

Duolingo reports Q1 revenue up 27% YoY to $292M, vs. $288.5M est., bookings up 14% to $308.5M, and expects slower growth in Q2; DUOL drops 12%+ after hours (Akash Sriram/Reuters)

Musk v. Altman: Greg Brockman testifies that his OpenAI stake is now worth ~$30B; a Musk attorney asks why he hasn't donated $29B to OpenAI's nonprofit arm (Bloomberg)

Palantir reports Q1 revenue up 85% YoY to $1.63B, vs. $1.54B est., US government revenue up 84% to $687M, and US commercial revenue up 133% to $595M (Jaspreet Singh/Reuters)

Elon Musk agrees to pay $1.5M to settle SEC allegations that he cheated Twitter shareholders in 2022 by failing to disclose the 5%+ stake he had in the company (Nicola M White/Bloomberg)

Pinterest reports Q1 revenue up 18% YoY to $1B, vs. $966M est., MAUs up 11% YoY to 631M, and forecasts Q2 revenue above estimates; PINS jumps 17%+ after hours (Jonathan Vanian/CNBC)

Musk v. Altman: Stuart Russell, Musk's only AI expert witness, warned of AI risks but his concerns about AI's existential threats were excluded by the judge (Tim Fernholz/TechCrunch)

Sources: the Trump administration is discussing an EO to create an AI working group to examine AI oversight procedures, including vetting models before release (New York Times)

Former Trump and Biden AI advisers Dean Ball and Ben Buchanan urge bipartisan action on AI security risks, including tighter export controls and safety audits (New York Times)

Anthropic co-founder explains why there's a 60%+ chance of AI systems autonomously building their successors by 2029 and the consequences of automated AI R&D (Jack Clark/Import AI)

Sources: Apple prepares a "Create a Pass" feature for iOS 27, which lets users take a QR code and generate a custom pass around it for concerts and other venues (Mark Gurman/Bloomberg)

Intel taps Alex Katouzian, an ex-Qualcomm EVP, to lead Client Computing & Physical AI group, and names Pushkar Ranade as CTO, after serving on an interim basis (Dylan Martin/CRN)

Ex-iRobot CEO Colin Angle launches Familiar Machines & Magic and unveils Familiar, a dog-like, "emotionally intelligent" robot that reacts to owner's feelings (Christopher Mims/Wall Street Journal)

Nearly 20 US state-run health insurance exchanges include ad trackers that send user data like race and citizenship info to companies like Meta, TikTok, Google (Bloomberg)

Sources: more than two dozen prediction-market ETFs have been pushed back as the SEC seeks more information; they were originally expected to launch this week (Suzanne McGee/Reuters)

Filing: Blackstone's data center acquisition vehicle seeks to raise as much as $1.75B in its IPO, and will target newly built data centers valued at $250M-$1.5B (Subrat Patnaik/Bloomberg)

Cisco agrees to acquire Astrix Security, which helps companies monitor and control the permissions granted to AI agents, a source says for approximately $400M (Meir Orbach/CTech)

Investment and tech firm Long Lake says it will buy corporate travel operator Amex GBT for $6.3B, citing AI's ability to modernize the business travel sector (Reuters)

Inside Palantir Foundation's Atlantic and Pacific Forum at Yale for invited students: State Dept. and Palantir staff share a vision of mixing AI and state power (Alex Bronzini-Vender/New York Magazine)

Panthalassa, which aims to power floating data centers using energy generated by ocean waves, raised $140M led by Peter Thiel, source says at a $1B valuation (Tim Bradshaw/Financial Times)

How "emotion AI", the use of facial and sentiment analysis tools to track workers' moods, is seeping into white-collar jobs amid concerns over privacy and bias (Ellen Cushing/The Atlantic)

SAP to acquire Dremio, an open data lakehouse provider, and Prior Labs, which it pledges to invest €1B in over four years, hoping to create a frontier AI lab (Larry Dignan/Constellation Research)

Katie Haun raises $1B for two funds split between early and later-stage investments, looking at startups blending financial services, AI, and alternative assets (Natasha Mascarenhas/Bloomberg)

Bret Taylor's Sierra, which sells AI customer service agents, raised a $950M Series E led by Tiger and GV at a $15.8B post-money valuation, up from $10B in 2025 (Kate Rooney/CNBC)

Trump's World Liberty Financial countersues Tron founder Justin Sun, alleging defamation, contract violations, and more (Ben Weiss/Fortune)

The jury-less bench trial phase of Meta's child safety case in NM begins today to determine if Meta's actions were a public nuisance and warrant product changes (Jonathan Vanian/CNBC)

eBay's stock jumps 4%+ to ~$108, below GameStop's $125/share acquisition offer, in a sign investors see hurdles to completing a deal; GameStop stock drops 10%+ (Bloomberg)

Filing: Elon Musk texted Greg Brockman about settling days before trial; after being denied, he said Brockman and Altman "will be the most hated men in America" (Ashley Capoot/CNBC)

Source: OpenAI has raised $4B+ at a $10B pre-money valuation for The Deployment Company, a new joint venture that will aim to help businesses adopt OpenAI tools (Seth Fiegerman/Bloomberg)

Enzo Health, whose AI tools help home health and hospice agencies automate tasks like patient intake and documentation review, raised a $20M Series A led by N47 (Brock E.W. Turner/Axios)

How AI tools such as SuperBrain and Naver's Talking Buddy are helping South Korea's elderly ease loneliness, detect emergencies, and slow cognitive decline (Choe Sang-Hun/New York Times)

Amazon debuts Supply Chain Services, which lets companies use its logistics network to move, store, and deliver everything from raw materials to final products (Deborah Sophia/Reuters)

Instructure reported a data breach on April 30; ShinyHunters adds Instructure to its victims list, claiming it has 3.65TB of data from nearly 9,000 institutions (Ionut Arghire/SecurityWeek)

Jensen Huang said Nvidia's market share of AI accelerators in China has "now dropped to zero" and that the US' export policy "has already largely backfired" (Anton Shilov/Tom's Hardware)

Cerebras seeks a valuation of up to $26.62B in its US IPO, aiming to raise $3.5B by selling 28M shares at $115 to $125 apiece in its second attempt to go public (Reuters)

Legislators and experts criticize the EU's €20B sovereign compute data center plan, questioning whether there is demand and the plan's reliance on Nvidia GPUs (Pieter Haeck/Politico)

An analysis of 1.6M Polymarket accounts since November 2022: 0.1% of users get 67% of the profits, with the highest-frequency traders seeing the most success (Wall Street Journal)

A profile of William Savitt, Sam Altman's lead lawyer against Elon Musk, who represented Twitter against Musk in 2022 and helped OpenAI's for-profit transition (Jacob Shamsian/Business Insider)

Chinese state media: AI-generated Chinese microdramas will be worth $3B+ in 2026, out of a $14B+ total microdrama market, boosted by AI tools like Seedance 2.0 (New York Times)

Sources: some lenders are exploring private deals to sell their data center debt, and some banks are seeking to offload their Oracle-linked loans at a discount (Financial Times)

Sources: SoftBank plans to make lithium- and cobalt-free data center batteries in Japan as soon as FY 2027, as Japan tries to cut its reliance on Chinese metals (Natsuki Yamamoto/Nikkei Asia)

China's Linkerbot, which holds 80%+ of global dexterous robotic hands market, raised a Series B+ at a $3B valuation and seeks a $6B valuation in its next round (Laurie Chen/Reuters)

Sources: Anthropic is finalizing a deal for a $1.5B JV with Blackstone, Goldman Sachs, Hellman & Friedman, and others to sell AI tools to PE-backed companies (Wall Street Journal)

Apple's handling of vibe coding apps draws complaints from startups like Replit and Anything, which say Apple is applying App Store rules erratically (Michael Acton/Financial Times)