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Sun May 17
EigenQ, which makes cybersecurity systems to protect from future attacks by quantum computers, plans to go public via a SPAC merger at a $3B valuation (Reuters)
11m
T
Conduct, which uses AI to let companies maintain, change, and modernize their legacy IT systems, raised a $60M Series A, bringing its total funding to $72M (Chris Metinko/Axios)
37m
T
Estonia says it plans to assign personal ID numbers to AI assistants to give them legal rights and hold them accountable for their actions (Ott Tammik/Bloomberg)
42m
T
Twenty, which uses AI to help US military hackers penetrate adversary computer networks, raised a $100M Series B led by Accel at a $1B valuation (Colin Demarest/Axios)
1h
T
Nasdaq Private Market sues Hiive, claiming Hiive stole trade secrets and infringed on its IP, poaching two employees in part to access confidential information (Yazhou Sun/Bloomberg)
1h
T
OpenAI's CSO Jason Kwon messaged staff that the company "strongly" told the US government that building AI "requires the best talent from around the world" (The Information)
1h
T
The US government awards $500M under the CHIPS Act to SandboxAQ to use AI to develop new chemicals and materials for domestic semiconductor manufacturing (Stephen Nellis/Reuters)
1h
T
Uber plans to expands its premium robotaxi service from SF to Houston by mid-2027, in partnership with EV maker Lucid and autonomous vehicle startup Nuro (Kirsten Korosec/TechCrunch)
1h
T
Nauk Nauk, which runs an AI video app that turns photos of toys into short animated videos, raised $20M and is coming out of beta; it claims to have 1M+ users (Ina Fried/Axios)
2h
T
Sources: Trump officials discussed ways to structure government equity stakes in AI companies, with Commerce Secretary Lutnick favoring a sovereign wealth fund (Eleanor Mueller/Semafor)
2h
T
Sources describe Huawei's efforts to rebuild its chip business seven years after the US cut Huawei off from advanced chips, as it bets on logic-stacking tech (Financial Times)
2h
T
World models startup Odyssey raised $310M from Amazon and others at a $1.45B valuation and will use AWS as its preferred cloud partner, deploying Trainium chips (Financial Times)
4h
T
A profile of Anthropic researcher Nicholas Carlini, who warned about Mythos in March and is now part of an Anthropic team briefing the White House on safeguards (Wall Street Journal)
6h
T
Sources: Samsung is seeing a rise in advanced chip production requests from BYD, Google, AMD, and others as TSMC's capacity remains constrained by AI demand (Nikkei Asia)
6h
T
India's Telegram ban until June 22 over exam paper leak concerns is a terrible look for the country, sets a precedent, and could happen again if unchallenged (Nikhil Pahwa/@nixxin)
7h
T
Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation (The Information)
7h
T
Dealogic: investors have poured $58B across 42 data center deals YTD; Oxford Economics says ~850 data centers worth some $7T are under construction globally (Financial Times)
7h
T
Sources: Chinese social media app Xiaohongshu targets a Hong Kong IPO as early as year-end at a $70B+ valuation, up from $50B in recent private secondary trades (Wall Street Journal)
7h
T
Kazakhstan signs accords with Firebird on Nvidia-related computing projects that could bring up to $10B in investment, as it seeks to build a Data Center Valley (Bloomberg)
7h
T
Sources: Jeff Bezos is investing in Cambridge, UK-based CuspAI, which applies generative AI to material sciences, as part of a $400M round at a $2.6B valuation (Tim Bradshaw/Financial Times)
8h
T
WordPress survey: 60% of US consumers say "AI" in a brand's messaging is a turnoff, 86% always or sometimes check the original source after seeing an AI summary (Sarah Perez/TechCrunch)
8h
T
A look at Wyoming's Frontier Stable Token, which launched in January and currently has a market value of ~$1M, as other states explore "white labeling" the tech (David Voreacos/Bloomberg)
8h
T
Databricks says annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says higher AI agent usage is increasing costs, lowering margins (Jordan Novet/CNBC)
9h
T
Sources: Meta decided to support KOSA after it was packaged with language preempting state AI laws and a bill requiring app stores to verify users' ages (Politico)
10h
T
Kapwing: in tests, ~60% of the first 500 TikTok For You videos shown to a new account were AI slop, ~3x the slop shown to a new YouTube user via YouTube Shorts (Matt G. Southern/Search Engine Journal)
10h
T
Sources: the US has held off adding DeepSeek, CXMT, and 100+ other flagged companies to its Entity List, last updated in October, the longest gap in 10+ years (Karen Freifeld/Reuters)
11h
T
Sources: Amazon faces a possible FTC lawsuit alleging it misled advertisers; multiple state AGs are involved and the case could seek billions in civil penalties (Bloomberg)
12h
T
Many US lawmakers said this week they had not been briefed on Trump's Fable 5 move, including Ted Cruz, whose commerce committee has jurisdiction over AI policy (Politico)
12h
T
Illinois Governor JB Pritzker signs a state budget that levies taxes on social media giants, digital advertising, and prediction and crypto markets (Mitchell Armentrout/Chicago Sun Times)
13h
T
Anthropic pauses its plan to move Claude Agent SDK to token-based billing from June 15, saying "Nothing changes for now", giving power users a pricing reprieve (Kyle Orland/Ars Technica)
14h
T
SpaceX closed up 4.83% on Tuesday for a $2.65T market cap, just above Amazon's, after popping ~12% intraday and briefly overtaking Microsoft's $2.93T market cap (CNBC)
15h
T
Sources: PayPal plans to close its 10-year-old PayPal Ventures arm amid new CEO Enrique Lores' shakeup and has hired Jefferies to explore selling some positions (Ben Weiss/Fortune)
15h
T
Melbourne-based Everlab, which is building an AI-powered preventive healthcare platform, raised a AU$65M Series A led by Airtree Ventures (Tegan Jones/SmartCompany)
16h
T
Sensor Tower: ChatGPT's market share fell to 46.4% at the end of May, as Gemini rose to 27.7% and Claude to 10.3%; Grok, Meta AI, and others have less than 5% (Ivan Mehta/TechCrunch)
17h
T
Z.ai debuts GLM-5.2, saying the open-weights AI model brings improvements to agentic coding and long-horizon tasks, with a 1M context window and an MIT license (Z.ai)
18h
T
Google launches Android 17 and Wear OS 7, available first on Pixel devices, with support for the latest AI models, a bubble bar UI, and live updates on Wear OS (Sarah Perez/TechCrunch)
18h
T
Qualcomm announces Snapdragon Reality Elite, its new flagship XR chipset, and says it will debut in the compute puck of Xreal's Aura Android XR device this fall (David Heaney/UploadVR)
19h
T
Letter: Hightouch, an ad tech startup valued at $2.75B in April, offers to buy LiveRamp's identity business from Publicis for $800M to $1.2B in cash and stock (Sara Fischer/Axios)
19h
T
A look at Specs, which have a battery life of up to four hours and a case with four charges, and an interview with Snap CEO Evan Spiegel about the AR glasses (Harry McCracken/Fast Company)
20h
T
Snap unveils $2,195 Specs, its first "fully standalone" AR glasses, which have a 51-degree field of view, set to ship "this fall" in the US, the UK, and France (Jay Peters/The Verge)
20h
T
Microsoft is moving Copilot Cowork to usage-based pricing and is considering a Microsoft-hosted version of DeepSeek as a cheaper option (Ina Fried/Axios)
20h
T
Sources: Apple's AirPods with cameras for AI are scheduled to launch in 2027 alongside the 20th anniversary pro iPhones and a second-generation foldable iPhone (Mark Gurman/Bloomberg)
20h
T
Databricks agrees to acquire Panther Labs, its third cybersecurity acquisition; Panther was valued at $1.4B when it raised a $120M Series B in 2021 (Jeffrey Dastin/Reuters)
21h
T
Bland, which uses proprietary, in-house-built voice models to process calls for 250+ enterprise clients, raised a $50M Series C led by Dell Technologies Capital (Lily Mae Lazarus/Fortune)
21h
T
Hydra Host, a marketplace for developers and enterprises to procure GPUs pooled from data center operators, raised a $100M Series A led by Kindred Ventures (Mike Wheatley/SiliconANGLE)
22h
T
Sources: the Trump administration won't allow G7 countries to regain access to Mythos 5 as doing so would be "completely illogical"; UK requested a "carve-out" (James Franey/New York Post)
22h
T
Sources: Binance is set to lose permission to offer services to EU clients from the start of July as its application for a license is about to be turned down (Reuters)
23h
T
Ent Security, which wants to build a new layer of workspace security that reads the intent behind what users and AI agents do, launches with $100M in funding (Duncan Riley/SiliconANGLE)
23h
T
Limitless Labs, which is developing an AI platform to automate CNC manufacturing, raised a $20M Series A led by Dell Technologies Capital and Square Peg (Meir Orbach/CTech)
23h
T
Microsoft upgrades Surface Pro and Surface Laptop with Qualcomm Snapdragon X2 chips; Pro starts at $1,499 and Laptop at $1,599, both $100 higher than last-gen (Antonio G. Di Benedetto/The Verge)
23h
T
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