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Microsoft reports Q3 revenue up 18% YoY to $82.9B, net income up 23% to $31.8B, and says its AI business surpassed an annual revenue run rate of $37B, up 123% (Microsoft)

Amazon reports Q1 revenue of $181.5B, up 17% YoY, net income of $30.3B, up 77%, and operating income of $23.9B, up 30% YoY (Amazon)

Alphabet updates its 2026 capital expenditure guidance range to $180B to $190B, up from $175B to $185B, and expects capex to "significantly increase" in 2027 (Jennifer Elias/CNBC)

Meta reports Q1 revenue up 33% YoY to $56.31B, net income up 61% to $26.77B, and family DAP up 4% to 3.56B on average for March (Meta)

Letters: House Homeland Security Committee and House China Select Committee are probing Airbnb and Cursor maker Anysphere over their use of Chinese AI models (Rachyl Jones/Semafor)

Google says the Gemini app can now generate files; supported formats include PDF, Microsoft Word and Excel, Google Docs and Sheets, plain text, and Markdown (Abner Li/9to5Google)

Meta quietly rolled out USDC stablecoin payouts on Solana and Polygon for select creators in Colombia and the Philippines (Fortune)

Sources: PayPal is separating Venmo into its own standalone unit and is looking to recruit a digital banking executive to run the new Venmo segment (Hugh Son/CNBC)

SpaceX draft IPO filing: from 2023 to 2025, Starlink's individual subscribers rose from 2.3M to 8.9M, revenue grew from $3.9B to $11.4B, and ARPU fell 18% (The Information)

Pursuit, which uses AI to scan public data to help companies find and win government contracts, raised a $22M seed led by OpenGov co-founder Mike Rosengarten (Dominic-Madori Davis/TechCrunch)

OpenLight, which designs custom application-specific photonic chips, raised $50M in a Series A extension, after raising $34M in August 2025 (Charlotte Trueman/DatacenterDynamics)

Sources: Apple plans a new Siri camera mode in iOS 27 by moving Visual Intelligence, currently tied to the Camera Control button, into the camera app (Mark Gurman/Bloomberg)

Motorola unveils its 2026 foldables lineup, including its first book-style model, which costs $1,900; prices for clamshell models have gone up by up to $200 (Chris Welch/Bloomberg)

Scout AI, which is building an AI model to operate and command military assets like autonomous ATVs, raised a $100M Series A co-led by Align and Draper (Tim Fernholz/TechCrunch)

Seven families of victims in the Tumbler Ridge shooting in Canada sue OpenAI, accusing it of failing to warn authorities about the suspect's ChatGPT activity (Clare Duffy/CNN)

Aidoc, which provides AI medical imaging software to flag incidental findings on CT scans and X-rays, raised a $150M Series E, taking its total funding to $520M (Brock E.W. Turner/Axios)

Uber partners with Expedia to launch a hotel booking integration in its app in the US, and plans to add Expedia's Vrbo brand later in 2026 (Natalie Lung/Bloomberg)

SpaceX IPO filing: Elon Musk can only be removed as CEO via a vote by holders of Class B super-voting shares, which he will control post-IPO, a rare provision (Reuters)

Crypto payments company MoonPay acquires Israeli crypto security startup Sodot, sources say in a ~$100M all-stock deal, to launch a unit focused on institutions (Emily Nicolle/Bloomberg)

Brookfield-backed Compass drops plans to develop 800+ acres in Virginia's 2,100-acre Digital Gateway data center corridor, sources say due to local opposition (Dawn Lim/Bloomberg)

Divine, a Vine reboot financed by Jack Dorsey-backed nonprofit "and Other Stuff" and built by an early Twitter employee, debuts with ~500K restored Vine videos (Sarah Perez/TechCrunch)

Google celebrates 20 years of Translate with a new AI pronunciation practice tool for Android users in the US and India; Translate gets 1B+ queries per month (Macy Meyer/CNET)

Rogo, which uses AI to help lighten junior bankers' workloads, raised a $160M Series D led by Kleiner Perkins at a $2B valuation, up from $750M in January (Todd Gillespie/Bloomberg)

Sources: OpenAI has, in practice, abandoned its Stargate JV in favor of large bilateral deals; execs say its guiding principle remains to "build more compute" (Financial Times)

Hightouch, which uses AI to help marketers create and manage campaigns, raised $150M led by Goldman Sachs and Bain at a $2.75B valuation, up from $1.2B in 2025 (Patrick Coffee/Wall Street Journal)

Mayo Clinic researchers detail Redmod, an AI system that identified subtle changes in routine CT scans an average of 475 days before pancreatic cancer diagnosis (Jason Gale/Bloomberg)

A working paper uses an LLM to analyze X's political discourse, finding that anger is by far the most common emotion expressed by US users, especially those 65+ (Tim Harford/Financial Times)

Chinese regulators killed the Manus template by blocking Meta's $2B takeover in a 54-character decree, creating an uncertain era for China's growing AI industry (Bloomberg)

Cognizant agrees to acquire Astreya, which helps manage data center infrastructure, AI lab environments, and enterprise networks, for ~$600M, set to close in Q2 (Reuters)

Indonesia sentences eFishery founder Gibran Huzaifah to nine years in prison, concluding a $300M scandal that destroyed one of Southeast Asia's top startups (Bloomberg)

Cash-rich AI startups fuel a boom in Manhattan's commercial real estate market; many offices have more vacant desks than workers, as startups prepare to scale (Isabelle Bousquette/Wall Street Journal)

Knight Frank: Anthropic, OpenAI, and other AI companies have leased 1M+ square feet of London office space since the start of 2025, or ~7% of available listings (Natasha Voase/Bloomberg)

Samsung's Lee family dynasty reached a combined ~$45.5B net worth in March, up from ~$20.1B in 2025, amid the AI boom; they are now Asia's third-richest family (Bloomberg)

YouTube rolls out Full Multiview Customization to YouTube TV, letting users pin up to four live streams in a window, after debuting a limited version in 2023 (Jay Peters/The Verge)

Source: China's leverage against Meta in the Manus deal could include that 10%+ of its revenue is from Chinese ads and Goertek in Meta AI glasses' supply chain (Financial Times)

Bengaluru-based stock trading platform Sahi raised a $33M Series B led by Accel at a $200M valuation to expand into margin trade funding, commodities, and more (The Economic Times)

The European Commission issues preliminary DSA findings against Meta, saying Instagram and Facebook fail to prevent under-13 users from accessing the services (Gian Volpicelli/Bloomberg)

Poll: 31% of US adults expect driverless cars to be common within five years, up from 19% in 2018, and 19% say they would own or lease one, the same as in 2018 (Mary Page James/Gallup)

An interview with AWS CEO Matt Garman on why AWS will be "a better partner to OpenAI" than Microsoft, high chip demand, Jeff Bezos' Project Prometheus, and more (Alex Heath/Sources)

Filing: TSMC sold its remaining 1.11M Arm shares at $207.65 per share for a total of ~$231M this week; TSMC invested ~$100M in Arm's 2023 IPO at $51 per share (Wen-Yee Lee/Reuters)

Sources: China suspends issuing Level 4 autonomous vehicle licenses, after 100+ of Baidu's Apollo Go robotaxis stalled and disrupted traffic in Wuhan in March (Bloomberg)

Sources: Apple tells suppliers it will maintain its current production share in India rather than expand, after local sites struggled without China-based teams (Nikkei Asia)

Pentagon Digital and AI Chief Cameron Stanley confirms the DoD is expanding its Google Gemini use, saying "overreliance on one vendor is never a good thing" (Seema Mody/CNBC)

New York-based Actively, which offers AI sales agents for account management, raised a $45M Series B co-led by TCV and First Harmonic at a $250M valuation (Sofia Chierchio/Forbes)

Sources: the White House is developing rules for government agencies to get around Anthropic's supply chain risk designation and onboard new models like Mythos (Axios)

Microsoft is rolling out Copilot 365 to all of Accenture's roughly 743,000 employees, in the biggest enterprise deal for Copilot, following a 2023 pilot (Aditya Soni/Reuters)

EU countries and lawmakers reach an impasse on a deal watering down the EU's AI Act due to some parties seeking exemptions for already regulated industries (Foo Yun Chee/Reuters)

A US judge denied Sam Bankman-Fried's request for a new trial based on what SBF called new evidence; SBF tried to withdraw his request, but the judge refused (Bob Van Voris/Bloomberg)

Parallel Web Systems, founded by former Twitter CEO Parag Agrawal and that offers web search tools for AI agents, raised a $100M Series B at a $2B valuation (Belle Lin/Wall Street Journal)

OpenAI's Codex instruction set contains a line, repeated several times, that forbids Codex from randomly mentioning goblins, gremlins, and other creatures (Will Knight/Wired)