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Omni, which is building a "semantic translation layer" for enterprise data, raised a $120M Series C led by Iconiq at a $1.5B valuation, up from $650M in 2025 (Lily Mae Lazarus/Fortune)

France-based Univity, which seeks to build 3,400 VLEO satellites to reduce Europe's reliance on Starlink, raised €27M, bringing its total funding to €68M (Gianluca Lo Nostro/Reuters)

Apple fixes a bug that stored notifications for deleted messages on iPhone and iPad, following a report that police used it to extract deleted Signal messages (Lorenzo Franceschi-Bicchierai/TechCrunch)

S-1 excerpts: SpaceX says its total addressable market could be as much as $28.5T, with $26.5T from the AI sector, most of it from AI for businesses (Reuters)

Filing: Netflix plans a $25B share buyback, adding to a Dec. 2024 program that still has $6.8B for purchases; NFLX is down 13% since its Q1 earnings on April 16 (Amy Thomson/Bloomberg)

Sources: DeepSeek is fundraising to keep its researchers, some of whom have left for rivals whose valuations have soared; it is targeting a $20B valuation (Zijing Wu/Financial Times)

Sources: Bain Capital seeks to sell a stake of 40%+ in Bridge Data Centres in a deal that would value the Singapore-based data infrastructure builder at $5B (Reuters)

Tencent releases Hy3-preview, its first AI model developed under former OpenAI researcher Yao Shunyu; the model features 295B parameters, down from HY2's 400B (Vincent Chow/South China Morning Post)

TSMC SVP Kevin Zhang says the company plans to open an advanced chip packaging plant in Arizona by 2029 and that construction has begun (Reuters)

Sensor Tower: India's mobile app IAP revenue crossed $300M in Q1, up 33% YoY, with non-gaming apps generating $200M+, much of it captured by global platforms (Jagmeet Singh/TechCrunch)

SpaceX's S-1 excerpts list "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, with the size of the expenditure TBD (Reuters)

Around 30K attend a Samsung union rally demanding 15% of operating profits for chip division staff amid the AI boom; the demand totals $27B or $400K+ per worker (Yoolim Lee/Bloomberg)

X says it is deprecating X Communities, giving members until May 30 to migrate to XChat, and plans to increase group chat limits to 1,000 in the next two weeks (Nikita Bier/@nikitabier)

STMicro reports Q1 revenue of $3.10B, above $3.04B est., $171M operating income, above $165.8 est., and forecasts $3.45B revenue for Q2, above $3.21B est. (Nathan Vifflin/Reuters)

Microsoft says Copilot's agentic features in Word, Excel, and PowerPoint are now generally available and enabled by default for 365 Copilot and 365 Premium (Sumit Chauhan/Microsoft 365 Blog)

A poll of 4,000 workers in the US and the UK finds that the highest-earning and most experienced workers are adopting AI in their jobs far faster than others (Financial Times)

Report: China's 360 Digital Security Group has uncovered ~1,000 previously unknown vulnerabilities, including in Microsoft's Office, using an AI-powered agent (Ryan Gallagher/Bloomberg)

US Commerce Secretary Howard Lutnick says Nvidia has yet to sell H200 chips to Chinese companies and that the Chinese government has not approved such purchases (Alexandra Alper/Reuters)

Sources: Microsoft told carbon-removal project developers it is shelving contracts under negotiation; Microsoft has been a major backer of carbon capture tech (Alastair Marsh/Bloomberg)

GitHub says it has begun collecting pseudonymous client-side telemetry from command-line interface (CLI) users and enabled it by default (Brandon Vigliarolo/The Register)

Elon Musk says Tesla plans to use Intel's 14A process technology to make chips at its Terafab project, which would make Tesla the first major customer for 14A (Reuters)

TSMC says it will hold off on using ASML's most advanced high-NA EUV machines, costing upwards of €350M apiece, for chip production through 2029 to save money (Bloomberg)

TSMC unveils its process technology roadmap through 2029, aiming to launch a new node yearly for client applications and every two years for AI and HPC (Anton Shilov/Tom's Hardware)

US child safety group NCMEC received 1.5M reports of suspected CSAM with ties to AI in 2025, a significant surge compared to 67,000 in 2024 and 4,700 in 2023 (Bloomberg)

Courier Health, which develops an AI-powered biopharma platform for managing the end-to-end patient experience, raised a $50M Series B led by Oak HC/FT (Heather Landi/Fierce Healthcare)

OpenAI releases ChatGPT for Clinicians, a tool for medical tasks like documentation and research, free for verified physicians, pharmacists, and more in the US (OpenAI)

Sources: SoftBank seeks a $10B two-year margin loan secured by its OpenAI shares, with an option for a year extension, as SoftBank aims to become an AI linchpin (Bloomberg)

Sources: Microsoft considered buying Cursor in recent weeks but didn't make an offer; Microsoft has been working to boost GitHub Copilot's popularity (CNBC)

Microsoft plans to invest AU$25B by 2029 to expand Azure AI supercomputing and cloud infrastructure in Australia, its largest commitment to the country (Ainslie Chandler/Bloomberg)

An undergraduate used AI assistants to rewrite leaked source code for Claude Code in a different language, highlighting the uncertainty over copyright and AI (Meaghan Tobin/New York Times)

SK Hynix reports Q1 revenue up 198% YoY to ~$35.55B, vs. ~$36.2B est., and operating profit up 405% YoY to ~$25.4B, vs. ~$25.6B est., as memory prices rise (Dylan Butts/CNBC)

Alibaba launches Qwen3.6-27B, an open-weight dense model with 27B parameters, saying it surpasses Qwen3.5-397B-A17B on major coding benchmarks (Qwen)

Dune Analytics: Polymarket's global trading volumes have fallen behind Kalshi in recent months; sources: product delays are contributing to Polymarket's decline (Bloomberg)

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)

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)

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)

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)

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)

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)

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

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)

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)

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)

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)

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)

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

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)

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)

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)

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)