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Techmeme

Kalshi suspends and fines congressional candidates Mark Moran of Virginia, Matt Klein of Minnesota, and Ezekiel Enriquez of Texas for political insider trading (Dan Mangan/CNBC)

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IBM reports Q1 revenue up 9% YoY to $15.92B, vs. $15.62B est., software revenue up 11% to $7.05B, and maintains FY 2026 guidance; IBM drops 7%+ after hours (Jordan Novet/CNBC)

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ServiceNow reports Q1 subscription revenue up 22% YoY to $3.67B, vs. $3.65B est., says conflict in the Middle East weighed on growth; NOW drops 12%+ after hours (Lola Murti/CNBC)

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Texas Instruments reports Q1 revenue up 19% YoY to $4.83B, vs. $4.52B est., and forecasts Q2 revenue above estimates; TXN jumps 10%+ after hours (Ian King/Bloomberg)

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Sources: xAI held talks in recent weeks with Mistral and Cursor about a potential three-way partnership; Mistral co-founder Devendra Chaplot joined xAI in March (Grace Kay/Business Insider)

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Sean Plankey, President Trump's pick to lead CISA, withdraws from consideration after resistance from Sen. Rick Scott stalled his nomination for over a year (Politico)

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OpenAI releases Privacy Filter, an open-weight model for masking personally identifiable information in text, with 1.5B total and 50M active parameters (OpenAI)

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Meta unveils Live Chats on Threads for real-time conversations during cultural events, launching first within the NBA Threads community during the playoffs (Aisha Malik/TechCrunch)

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Sources: SpaceX isn't acquiring Cursor immediately because the deal could delay its IPO; Cursor is no longer proceeding with its reported $2B funding round (Bloomberg)

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OpenAI announces workspace agents in ChatGPT, letting teams create Codex-powered shared agents for complex tasks, and says they are "an evolution of GPTs" (OpenAI)

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Google says 75% of new code created inside the company is now generated by AI and reviewed by human engineers, up from 50% last fall (Hugh Langley/Business Insider)

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Core Automation, co-founded by ex-OpenAI VP Jerry Tworek, launches to build "the world's most automated AI lab" with talent from OpenAI, Anthropic, and DeepMind (Business Insider)

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LinkedIn names COO Daniel Shapero as its new CEO, succeeding Ryan Roslansky, who will retain his position as EVP at Microsoft (Jordan Novet/CNBC)

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Monk, which automates accounts receivable workflows, raised a $25M Series A co-led by Footwork and Acrew Capital, bringing its total funding to $29M (Ryan Lawler/Axios)

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The UK FCA says it has carried out its first joint operation to disrupt illegal peer-to-peer crypto trading, targeting eight premises across London (Naga Avan-Nomayo/The Block)

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The UK's GCHQ believes ~100 countries have procured cyber intrusion software, such as Pegasus, suggesting the barrier to get access to the tech is dropping (Mason Boycott-Owen/Politico)

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Sony AI says its autonomous ping pong robot is the first robot to attain expert-level performance in a physical sport after beating some top-level human players (Will Dunham/Reuters)

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Substack adds translation tools, and says ~100K publishers earn on the platform, including ~30K outside the US; European creators earn $90M+/year collectively (On Substack)

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Sooth Labs, founded by ex-Meta employees to build AI models that let businesses forecast geopolitical events, is raising ~$50M at a ~$335M valuation (Rebecca Torrence/Bloomberg)

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Vast Data, which makes software infrastructure for managing large amounts of data with a focus on AI applications, raised a $1B Series F at a $30B valuation (Kai Nicol-Schwarz/CNBC)

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Google Cloud and Wiz debut new AI security agents at Next '26, including Threat Hunting and Detection Engineering agents, to combat automated zero-day exploits (Frederic Lardinois/The New Stack)

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Air permit docs: new gas projects linked to just 11 US data center campuses could emit 129M+ tons of greenhouse gases per year, more than some small countries (Molly Taft/Wired)

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Sources: Micron is pushing the US Congress to pass the "MATCH Act", which would put new export restrictions on equipment its Chinese rivals use to make chips (Karen Freifeld/Reuters)

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Google says Meet's Gemini-powered Take Notes for Me feature can now be used for in-person meetings and adds support for Teams and Zoom (Abner Li/9to5Google)

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Source: Mira Murati's TML signed a deal with Google Cloud, valued in single-digit billions, to access Google's latest AI systems built on Nvidia's GB300 chips (Rebecca Bellan/TechCrunch)

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Google unveils Workspace Intelligence, which understands "complex semantic relationships" between data in Workspace apps to provide personalized context (Abner Li/9to5Google)

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Google announces the Gemini Enterprise Agent Platform, a revamped developer tool built on Vertex AI that manages the full lifecycle of AI agent fleets (Radhika Rajkumar/ZDNET)

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Google unveils a new TPU lineup consisting of the TPU 8t for AI training and the TPU 8i for inference, with general availability scheduled for later in 2026 (Ian King/Bloomberg)

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The UK's High Court rules that London's Metropolitan Police can keep using live facial recognition; police say the tech has led to 2,100+ arrests since 2024 (Connor Jones/The Register)

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Sources: Tencent and Alibaba are in talks to invest in DeepSeek at a $20B+ valuation, partly benchmarked against Moonshot's pending round at an $18B valuation (The Information)

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Anker announces Thus, a compute-in-memory chip it says will bring on-device AI to its products and accessories, starting with its upcoming Soundcore earbuds (John Higgins/The Verge)

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Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, above €886.8M est., driven by AI demand (Sarah Jacob/Bloomberg)

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Sources detail how Elon Musk has de-emphasized SpaceX's original aim of reaching Mars as it prepares to go public, focusing instead on AI and other moonshots (Ryan Mac/New York Times)

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A South Korean court sentences a former Samsung researcher to seven years in prison for leaking semiconductor tech to China's CXMT, helping it develop HBM (Reuters)

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Sources: OpenAI has been briefing US federal agencies, state governments, and Five Eyes allies on the capabilities of its GPT-5.4-Cyber model over the past week (Sam Sabin/Axios)

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Filing: Tron founder Justin Sun sues the Trump family's World Liberty Financial, alleging it unfairly locked up his WLFI holdings and threatened and defamed him (CoinDesk)

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Efforts to revive chip manufacturing in Pennsylvania have been left in limbo by President Trump's sudden upending of US semiconductor policy over the past year (Michael Acton/Financial Times)

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Tencent launches an international beta for QClaw, its OpenClaw-based AI agent, and says the Chinese version, launched in March, reached over 1M users in 10 days (T. K. Lin/KrASIA)

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TikTok's plan to build a ~$38B data center campus in Brazil, its first in Latin America, is facing local pushback over sustainability in a semi-arid area (Financial Times)

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Australia's eSafety Commissioner issues transparency notices to Roblox, Microsoft's Minecraft, and other online gaming platforms to detail child safety measures (Renju Jose/Reuters)

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Documents and sources: insurers including QBE and Beazley are moving to cap cyber policy payouts for losses and regulatory fines tied to AI use and "LLMjacking" (Lee Harris/Financial Times)

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SK Hynix says it plans to invest ~$12.85B in a new fab in South Korea for advanced packaging to meet AI demand for HBM, with construction starting this month (Reuters)

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Sources: OpenAI has pledged up to $1.5B to a new joint venture with PE firms to help deploy AI across their portfolio companies, starting with $500M in equity (Financial Times)

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Polymarket says perpetuals are coming to the platform and lets users sign up for early access; it hasn't specified whether crypto perpetual futures are included (Tanaya Macheel/CNBC)

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A UK tribunal rules Microsoft must face a lawsuit alleging it overcharged UK businesses to run Windows Server on cloud services from Amazon, Google, and Alibaba (Sam Tobin/Reuters)

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X launches Custom Timelines, a Grok-powered feature letting users pin any of over 75 topics to their home tab, in early access to Premium subscribers on iOS (Nikita Bier/@nikitabier)

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How GrapheneOS lead developer Daniel Micay's legal fights with his former partner James Donaldson over CopperheadOS led to the privacy-focused tool's creation (Tiffany Ng/Wired)

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Filing: SpaceX tells investors that orbital AI data centers use "unproven technologies" and may not achieve "commercial viability" due to space-related risks (Echo Wang/Reuters)

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A look at Apple's management changes and several key executives' futures; sources say Mike Rockwell has considered leaving or taking an advisory role next year (Mark Gurman/Bloomberg)

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Top law firm Sullivan & Cromwell told a US federal bankruptcy court that a major filing it made in a high-profile case contained multiple AI hallucinations (Financial Times)

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