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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 7%+ after hours (Samantha Subin/CNBC)

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 (Rafe Rosner-Uddin/Financial Times)

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 (Axios)

Doc: the EU is preparing emergency powers to intervene in Europe's chip supply chains during shortages, including by forcing chipmakers to override contracts (Barbara Moens/Financial Times)

Dell reports Q1 revenue up 88% YoY to $43.84B, vs. $35.43B est., and forecasts FY 2027 revenue above estimates; DELL jumps 15%+ after hours (Jordan Novet/CNBC)

Autodesk agrees to buy MaintainX, a company focused on maintenance tools, in an all-cash deal that values MaintainX at $3.6B (Brody Ford/Bloomberg)

Snowflake stock closed up 36% on Thursday, its best day ever, after the company boosted guidance and announced an AI compute deal with Amazon (Samantha Subin/CNBC)

Fonoa, which helps enterprises manage indirect tax compliance, raised a $110M Series C led by Headline and acquired PwC's Indirect Tax Edge platform (Ryan Lawler/Axios)

Anthropic adds dynamic workflows to Claude Code, enabling hundreds of subagents to run in parallel for complex engineering tasks such as framework migrations (Claude)

The CFTC moves to vacate a $5M settlement with Gemini, reversing a Biden-era enforcement action, following a lobbying campaign by the Winklevoss twins (Wall Street Journal)

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 (New York Times)

Anthropic says it expects Mythos-class models to be available to all customers "in the coming weeks" following the development of stronger safeguards (Madison Mills/Axios)

Corgi, which uses AI to provide insurance for startups, raised a $106M Series B1 at a $2.6B valuation, up from $1.3B on May 6, for a total funding of $378M (Dominic-Madori Davis/TechCrunch)

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 (Russell Brandom/TechCrunch)

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" (Russell Brandom/TechCrunch)

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 (Casey Newton/Platformer)

IBM plans to invest more than $10B in quantum computing over five years as it aims to build the first large-scale, error-free quantum computer by 2029 (Reuters)

Waymo unveils Ojai, a vehicle designed in partnership with Zeekr for robotaxi use, initially for select riders in San Francisco, Los Angeles, and Phoenix (Edward Ludlow/Bloomberg)

YouTube launches new Premium podcast features, including an AI-powered recommendation tool, an "Auto speed" setting, and a new on-the-go listening mode (Aisha Malik/TechCrunch)

Saris, which builds AI agents to automate back-office work for banks and credit unions, raised a $28.8M Series A led by 8VC (Ryan Lawler/Axios)

Reactor, which says its AI platform can generate video in real-time with near-zero latency, emerges from stealth with a $59M Series A led by Lightspeed (Todd Spangler/Variety)

Visa makes an undisclosed investment in Replit; the two will explore how developers on Replit can use Visa Intelligent Commerce and the Trusted Agent Protocol (Ivan Mehta/TechCrunch)

Source: Groq is raising up to $650M from existing investors; the AI chipmaker earlier signed a $20B Nvidia licensing deal that saw much of its senior team leave (Dan Primack/Axios)

Tel Aviv-based web development company Wix cuts ~20% of its workforce, citing the "fast evolution of AI capabilities" and currency exchange rate difficulties (CJ Haddad/CNBC)

Intel unveils its first dedicated handheld gaming chips, the Arc G3 and Arc G3 Extreme, featuring Xe3 GPU cores, arriving first in the Acer Predator Atlas 8 (Sean Hollister/The Verge)

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 (Zac Bowden/Windows Central)

Sources: at WWDC, Apple is likely to showcase how 15 years of designing chips gives it an advantage in running AI locally, and will use a distilled Gemini model (Aaron Tilley/The Information)

Filing: CNN sues Perplexity in New York for allegedly unlawfully copying and distributing CNN content, after failing to agree on terms with Perplexity in 2025 (Brian Stelter/CNN)

YouTube adds a "custom feed" to its home page that lets users prompt it to create a constantly refreshing feed, available to signed-in US users with history on (Andrew Romero/9to5Google)

Illustrations based on sources detail Apple's Siri overhaul, like a new UI and chatbot-style app, and major iOS 27 changes, ahead of the WWDC keynote on June 8 (Mark Gurman/Bloomberg)

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 (Bloomberg)

Letter: US Central Command says it received "threat reports concerning adversary exploitation of commercial location data" to target US personnel in war zones (Raphael Satter/Reuters)

IBM and Red Hat commit $5B to establish a new open-source software model, dubbed Project Lightwell, and will deploy 20,000 engineers globally, supported by AI (Connor Hart/Wall Street Journal)

AWS has used Resilient Network Graphs, a quasi-random networking architecture with a flat mesh design, since late 2025 and says it accelerates information flows (Lauren Goode/Wired)

Source: the Shanghai Futures Exchange is in the early stages of designing futures contracts for AI tokens; US exchanges are set to launch GPU compute futures (Reuters)

Samsung's Securities, SDS, and Card units say they will acquire a 4% stake in Dunamu, which operates South Korea's largest crypto exchange, for ~$446M in cash (Choi Yeon-jae/The Korea Herald)

London-based Geordie AI, which builds a security and governance platform for AI agents, raised a $30M Series A led by Balderton at an estimated $180M valuation (Jeremy Kahn/Fortune)

The Steam Deck's huge price hike, from $399 in 2022 to $789 today, is the end of an era for gaming handhelds, coming amid RAMageddon, tariffs, and the Iran war (Sean Hollister/The Verge)

As Google plans to build a $15B AI data center hub in Visakhapatnam, India, locals and rights groups are raising concerns over "extremely high" water stress (Wall Street Journal)

The European Commission fines Temu €200M under the DSA for allegedly failing to adequately stop the sale of illegal products; further penalties could follow (Foo Yun Chee/Reuters)

London- and SF-based Orbital Industries, which uses its Orb model to design advanced materials and then sell them directly, raised a $50M Series B led by Plural (Jeremy Kahn/Fortune)

Internal speech: JD.com founder Liu Qiangdong vows to protect the company's 900,000 employees from AI and automation, saying it will "do everything possible" (Bloomberg)

The European Commission launches a full review of JD.com's €2.2B acquisition of German electronics retailer Ceconomy under its Foreign Subsidies Regulation (Bloomberg)

UK researchers win access to Google's Willow quantum chip, which it says completes a calculation in five minutes that takes supercomputers 10 septillion years (Chris Vallance/BBC)

Dealroom: London overtakes Paris to reclaim its position as Europe's leading tech hub, and now ranks fourth globally; London startups raised $17.7B in 2025 (Paul Sandle/Reuters)

Mistral says it is accelerating superintelligence development to ensure Europe's independence from US tech giants, and signs deals to supply Airbus and BMW (Sam Schechner/Wall Street Journal)

Chip design software maker Synopsys reaches a deal with Elliott, giving one board seat to the activist investor's Jesse Cohn, after roughly two months of talks (Svea Herbst-Bayliss/Reuters)

Sources: Australia-founded Airwallex, which Keith Rabois accused of being a "Chinese backdoor", is relocating some staff out of China amid its US expansion (Financial Times)

As the US AI boom drains venture capital from Africa, startups on the continent are pivoting to domestic funding sources, like pension funds and local VC firms (Rivaldo Jantjies/Bloomberg)

Swedish chip optical component maker Sivers, whose stock is up ~1,700% YTD, giving it a ~$2.5B market cap, has become one of the country's most-shorted stocks (Jonas Ekblom/Bloomberg)