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SoftBank stock jumped 4.6% to a record high on Monday, spurred by hopes of big returns from the company's stakes in OpenAI and SB Energy Corp if they go public (Bloomberg)

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Star Citizen, a video game in development since 2012, has reached $1B in lifetime funding; it remains in alpha and does not have a confirmed release date (Jennifer Maas/Variety)

Tether plans to launch GELT, an "official" stablecoin representing the Georgian lari, with the support of Georgia's government in an unusual partnership (Reuters)

Sources: Wix is expected to cut ~1,000 jobs in the coming months, or ~20% of its workforce, after weak Q1 earnings and a ~50% collapse of its stock in 2026 (Sophie Shulman/CTech)

A section of the Pope's encyclical describing AI's unpredictability suggests influence from Anthropic, whose co-founder Christopher Olah attended the unveiling (Washington Post)

In his ~43,000-word encyclical, the Pope urged governments to slow down AI development and decried "new forms of slavery" in AI and tech supply chains (Joshua McElwee/Reuters)

More than 5,500 GitHub repositories were infected with malware in a supply chain attack, dubbed Megalodon, on May 18 that relies on automated commits (Ionut Arghire/SecurityWeek)

Pope Leo XIV presents Magnifica humanitas, his encyclical on AI, calling for AI regulation, protection for children against hypersexualized AI images, and more (New York Times)

Sources: Meta, Google, and Amazon execs met Vatican officials on April 29, as part of a quiet lobbying push ahead of Pope Leo XIV's first AI encyclical (Océane Herrero/Politico)

A growing number of execs are creating AI digital twins to manage tasks; Reid Hoffman says "Reid AI" has delivered 75+ addresses and presentations since 2024 (Joann S. Lublin/Wall Street Journal)

A look at Xiaomi's AI push to future-proof its hardware and EV ecosystem, as it recently committed ~$8.8B in AI investments over the next three years (Ben Jiang/South China Morning Post)

A profile of Meta CTO Andrew "Boz" Bosworth, a top lieutenant of Mark Zuckerberg who is leading the gargantuan effort to transform Meta into an AI-first company (Meghan Bobrowsky/Wall Street Journal)

A look at DeepSeek's model optimization to reduce HBM use, potentially enabling domestic memory, ASIC, and CPU makers to create a Chinese AI hardware ecosystem (@bookwormengr)

The UK, outpaced by the US and China in AI, is turning to experimental technologies like neuromorphic computing in search of computing sovereignty (Charles Clover/Financial Times)

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Huawei says it aims to make 1.4nm chips by 2031 using its "LogicFolding" tech, which is based on its new Tau Scaling Law intended to bypass Moore's Law limits (Nikkei Asia)

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Plenary Americas LP, La Caisse's infrastructure arm, agrees to acquire and take private Canadian database company ISC for $872M, expected to close in Q3 (Melissa Shin/Bloomberg)

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Quartermaster, which is building an analytics platform and a SmartMast, with sensors on a ship's mast to relay real-time maritime data, raised a $43M Series A (Sean O'Kane/TechCrunch)

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How the Trump admin gutted the CFTC, ousting enforcers and appointing industry-friendly officials, as Trump family got into crypto and prediction markets (New York Times)

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Demand for security engineers is surging, with job postings up 11% YoY in Q1, driven by threats from AI-generated code and models like Mythos and GPT-5.4-Cyber (Kate Conger/New York Times)

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Sources: Uber weighs a higher bid after it approached a major Delivery Hero shareholder with a €38-per-share bid, valuing the group at €11.5B+, but was rebuffed (Financial Times)

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The ECB summons Eurozone banks to a meeting on Tuesday to discuss risks posed by the latest AI models and hopes US banks with Mythos access will share lessons (Martin Arnold/Financial Times)

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A look at the scourge of smartphone thefts in London, as victims describe receiving texts threatening them into unlinking Apple IDs from stolen iPhones (New York Times)

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A deep dive into Apple Watch and Health efforts; sources: iOS 27 to get a revamped AirPods control panel and default support for AirPlay rivals like Google Cast (Mark Gurman/Bloomberg)

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How the AI boom is transforming global M&A, now dominated by the AI-driven race to control the world's energy, fiber networks, and computing capacity (Financial Times)

Tether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking Tether's stake to ~71%; SoftBank's stake was worth ~$679M (Emily Nicolle/Bloomberg)

Rising DRAM prices are driving "forced premiumization" in the smartphone market in India and Africa, as consumers in the sub-$200 segment risk being priced out (David Oks)

Moment, which develops AI tools for automating fixed-income and equities trading tech, raised a $78M Series C led by Index Ventures, with a16z participating (Paige Smith/Bloomberg)

Hands-on with a pre-release build of Google Docs Live, an AI-powered voice tool for drafting documents, rolling out this summer to AI Pro and Ultra subscribers (Nicole Nguyen/Wall Street Journal)

DeepSeek says it will lower V4 Pro API prices by 75% to $0.435/1M input and $0.87/1M output tokens, making permanent the discount prices set to expire on May 31 (Bloomberg)

Sources: Princeton Digital Group to sell its Chinese data center assets for as much as $1B, as global buyout firms retreat from China's data center market (Financial Times)

Salesforce's promotional videos showcased Agentforce mock-ups and features that are not widely available, as CEO Marc Benioff defends forward-looking marketing (Brody Ford/Bloomberg)

Crypto companies prepare for the threat that quantum computers could hack core industry security, including breaking the critical code underpinning Bitcoin (Financial Times)

For publishers, pirated audiobooks made with AI on YouTube are a growing issue: removal is cumbersome, and some are hiring tech companies to take them down (Alexandra Alter/New York Times)

How Anthropic's ongoing discussions with the Vatican about ethics and AI led to Christopher Olah being invited to Pope Leo's unveiling of an encyclical on AI (Jack Jenkins/RNS)

Sources: the ECB warned EU finance ministers that proposals to issue more euro stablecoins could reduce bank lending and make controlling interest rates harder (Reuters)

Jensen Huang urged Super Micro to tighten up compliance after Taiwan detained three people for allegedly trying to export servers with Nvidia chips to China (Debby Wu/Bloomberg)

Dell says it has 5,000 clients for its AI Factory, a product line of servers with Nvidia chips, software, and services, including 1,000 new clients last quarter (Dina Bass/Bloomberg)

Delivery Hero says it received a takeover offer from Uber for €33 per share, a discount of 1.76% from Delivery Hero's close on Friday (Anusha Shah/Reuters)

A look at a copy of the AI EO that President Trump was expected to sign on May 21; the unsigned EO emphasized that government AI reviews would be voluntary (Sophia Cai/Politico)

A profile of TP-Link, whose share of the US consumer router market grew from 10% to 60%+ between 2019 and 2025, as it seeks to rebut national security concerns (Noah Berman/The Wire China)

As the US House probes Airbnb's use of Chinese AI models, CEO Brian Chesky says the company is not sharing data with Chinese firms and uses open-source models (Natalie Lung/Bloomberg)

Q&A with Sundar Pichai on Google Search's future, Google's place in the AI race, public skepticism of AI, TPUs, being "behind the frontier" in coding, more (New York Times)

FOIA lawsuit documents show hackers who breached SolarWinds potentially had access to all "treasury.gov" email addresses from July 6, 2020 to October 12, 2020 (Jordan Robertson/Bloomberg)

Cloudflare CEO Matthew Prince says AI won't replace builders or sellers, but it will affect middle managers, operations jobs, and other "measuring" positions (Matthew Prince/Wall Street Journal)

Samsung's bonus deal is fueling employee resentment over a 100x payout gap between memory division staff and those making smartphones, TVs, and home appliances (Yoolim Lee/Bloomberg)

Fresha, a London-based beauty and wellness booking marketplace, raised $80M from KKR's growth equity arm at a $1B+ valuation, bringing its total raised to $285M (Dominic-Madori Davis/TechCrunch)

Filing: Zoom's stake in Anthropic is worth ~$1.27B based on a February round which valued Anthropic at $380B; Zoom invested an additional $46M in recent months (Brody Ford/Bloomberg)

The US NTSB suspends access to its civil transportation accidents database after people used AI to re-create voices of pilots killed in a 2025 UPS plane crash (Jeremy Hsu/Ars Technica)

Anthropic says Claude Mythos Preview has been used to find more than 10,000 high- or critical-severity vulnerabilities since the launch of Project Glasswing (Anthropic)

The Trump administration plans to require most green card applicants to return to their home countries to apply, which could adversely impact tech workers (Peter Wells/Financial Times)