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Reddit reports Q1 revenue up 69% YoY to $663M vs. $611M est., DAUq up 17% to 126.8M, above est., forecasts Q2 revenue above est.; RDDT jumps 13%+ after hours (Jonathan Vanian/CNBC)

North Korea-linked hackers stole ~$577M across the Drift Protocol and KelpDAO hacks in April, accounting for 76% of total crypto hack losses so far in 2026 (TRM Insights)

Filing: Meta says it might be forced to withdraw its apps from New Mexico if a judge orders it to adopt the state's proposed safety features (Thomas Barrabi/New York Post)

Google is rolling out Gemini to cars that have Google built in, replacing Google Assistant, starting with English in the US (Jess Weatherbed/The Verge)

Musk v. Altman: the judge told Musk's lawyer she did not want talk of AI's existential threat seeping into the trial, focusing instead on OpenAI's founding (New York Times)

Musk v. Altman: when asked whether xAI has distilled OpenAI models, Elon Musk says the claim is "partly" true (Wired)

Meta sells $25B of investment-grade bonds after investors placed $96B in orders; Meta sold $30B of corporate bonds in October 2025 (Bloomberg)

Sources: KKR has secured $10B+ to launch Helix Digital Infrastructure, a company led by ex-AWS CEO Adam Selipsky that will develop and operate AI infrastructure (Bloomberg)

Standard Intelligence, which is developing computer use AI models, raised $75M led by Sequoia and Spark at a $500M post-money valuation (Rocket Drew/The Information)

Anthropic's Claude Security, formerly Claude Code Security, is in public beta for Enterprise users; the Opus 4.7-powered tool can scan code for vulnerabilities (Marcus Schuler/Implicator.ai)

Live Updates: Elon Musk Faces Contentious Questions at OpenAI Trial (New York Times)

The US Senate Judiciary Committee unanimously endorses a bipartisan child safety bill requiring AI companies like OpenAI and Meta to implement age verification (Emily Birnbaum/Bloomberg)

Cybersecurity analysis: GPT-5.5 reaches a similar level of performance as Mythos Preview and is the second model to solve a multi-step cyberattack simulation (AI Security Institute)

Serverless inference platform Featherless.ai raised a $20M Series A co-led by AMD Ventures and Airbus Ventures; the startup supports over 30,000 open models (Cate Lawrence/Tech.eu)

X says it has begun a "phased rollout" of its rebuilt ad platform, which it says will have more modern "retrieval and ranking systems" powered by AI (Sarah Perez/TechCrunch)

Bitcoin miner MARA Holdings agrees to acquire Ohio gas plant operator Long Ridge Energy & Power for $1.5B including debt, to power its AI data center expansion (Francisco Rodrigues/CoinDesk)

Meta introduces Meta Ads AI connectors in open beta, letting advertisers use their preferred third-party AI tools to create, manage, and analyze campaigns (Krystal Scanlon/Digiday)

JuliaHub, which aims to use agentic coding tools to design complex products such as cars and airplanes, raised a $65M Series B led by Dorilton Capital (Ina Fried/Axios)

Cloudflare says AI agents can now create Cloudflare accounts, start paid subscriptions, register domains, and deploy apps on behalf of users (Cloudflare)

Sources: the NSA has been testing Anthropic's Mythos model to find vulnerabilities in Microsoft products and widely used software from other companies (Jake Bleiberg/Bloomberg)

Norway-founded humanoid robotics startup 1X opens a new 58,000-square-foot factory in Hayward, California, where it aims to build 100K robots by the end of 2027 (Samantha Kelly/Bloomberg)

Sources: US officials are preparing a wide-ranging AI policy memo that outlines rules for national security agencies, including avoiding relying on one vendor (Bloomberg)

Samsung, SK Hynix, and Micron earnings show increased DRAM prices, not shipments, indicating a focus on revenue over helping clients get the products they need (Tim Culpan/Culpium)

Spotify rolls out a Verified by Spotify badge to identify human artists; criteria include artist presence on and off platform and consistent listener activity (Aisha Malik/TechCrunch)

Netflix rolls out a vertical video feed in its own Clips tab in Australia, Canada, India, Malaysia, Pakistan, the Philippines, South Africa, the UK, and the US (Jay Peters/The Verge)

Sources: the EU is drafting a revised Chips Act II, set for late May, that would grant it power to invest directly in large, cross-border manufacturing projects (Bloomberg)

Casa, which uses lidar scanners and AI to catalog homes and manage proactive maintenance alongside human workers, raised $27M, including a $20M Series A (Michael J. de la Merced/New York Times)

Sources: London-based DAZN agrees to acquire ViewLift, which builds tech for streaming services for 15 professional US sports teams and others, for ~$100M (Isabella Simonetti/Wall Street Journal)

Polymarket partners with Chainalysis to deploy a detection model to "surface patterns consistent with insider knowledge in prediction markets" and other tools (Bloomberg)

Iran's internet blackout, which costs an estimated $80M per day in economic damage, is dividing its military and civilian government, which opposes the measure (Patrick Sykes/Bloomberg)

Instagram is expanding its recommendation restrictions beyond Reels to photos and carousels, targeting accounts that post unoriginal content like tweet roundups (Mia Sato/The Verge)

Study: long-shot Polymarket bets on military action, defined as $2,500+ wagers at odds of 35% or less, have a ~52% average win rate, vs. 25% for political bets (Financial Times)

Netomi, which builds AI for enterprise customer service, raised $110M led by Accenture Ventures and signs a deal to bring its platform to Accenture clients (Michael Nuñez/VentureBeat)

Sergey Brin-backed Building a Better California says two ballot countermeasures to the proposed wealth tax are on track to qualify for the November ballot (Laura J. Nelson/Wall Street Journal)

OpenAI says its models, starting with GPT-5.1, "increasingly mentioned goblins, gremlins, and other creatures", leading to prompt instructions to mitigate it (OpenAI)

Sources: strong AI demand in China nearly doubles prices for Nvidia's B300 servers to ~$1M each, as a crackdown on chip smuggling dries up black market supply (Reuters)

Samsung projects that the memory shortage will worsen in 2027 as customers are already placing orders for next year, leading to a wider supply gap than in 2026 (Kim Jaewon/Nikkei Asia)

How Kosovo's tech industry, driven by local companies like business outsource provider SPEEEX, is helping cut youth unemployment and changing Pristina's skyline (Bloomberg)

Sony confirms some digital PS4 and PS5 games require owners to do a one-time online license check "to confirm the game's license", likely to combat refund scams (Gabe Gurwin/GameSpot)

European software companies, including SAP, Capgemini, Nemetschek, Hexagon, and Dassault, report better-than-expected earnings despite AI fears and the Iran war (Chloe Meley/Bloomberg)

Analysis: Meta, Alphabet, Microsoft, and Amazon's combined capex hit a record $130B in Q1 and is projected to reach $725B in 2026, up 77% from $410B in 2025 (Financial Times)

Analysis: Meta, Alphabet, Microsoft, and Amazon's capex combined hit a record $130B in Q1, and it is set to reach $725B in 2026, up 77% from $410B in 2025 (Financial Times)

GoTo reports net income of ~$15M for Q1 2026, its first ever, after job cuts and unit disposals helped Indonesia's largest internet company reduce costs (Olivia Poh/Bloomberg)

A look at Eka, which trains its robotic claw on a "vision-force-action model" incorporating realistic joints, motors, and physics principles into its simulation (Will Knight/Wired)

Apple shipped 71.6% of all smartphones with satellite connectivity in 2025; smartphones with satellite connectivity to reach 46% of global shipments by 2030 (Counterpoint Research)

Anthropic unveils BioMysteryBench to test Claude's bioinformatics skills against human experts, and says Mythos solved ~30% of 23 questions that stumped experts (Anthropic)