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Techmeme

Google launches the Google Fitbit Air, a $100 Whoop-like screenless wearable with Gemini-powered features like Google Health Coach, available from May 26 (Cherlynn Low/Engadget)

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Cologne-based AI translation startup DeepL plans to cut ~25% of its workforce, or ~250 staff, saying adapting to AI "means fewer layers" and "faster decisions" (Amy Thomson/Bloomberg)

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Khosla-backed robotics startup Genesis AI unveils GENE-26.5, its first model, which can control robotic hands that it designed in-house to do tasks like cooking (Anna Heim/TechCrunch)

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Kraken parent Payward agrees to buy Hong Kong-based Reap, which connects financial systems with digital assets, for $600M, and issues stock at a $20B valuation (Crystal Tse/Bloomberg)

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Kalshi raised $1B led by Coatue at a $22B valuation, its third round in seven months after raising $1B and $300M+, and hits $178B in annualized trading volume (Michael J. de la Merced/New York Times)

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Researchers: 5,000+ web apps built using AI coding tools like Lovable, Base44, and Replit have little to no authentication, and ~40% exposed sensitive data (Andy Greenberg/Wired)

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MediaTek launches the first phase of its Taiwan data center for R&D, powered by Nvidia's B200 AI chip platform and built on Nvidia's DGX SuperPOD infrastructure (Cheng Ting-Fang/Nikkei Asia)

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Anthropic's SpaceX deal helps it address a severe compute deficit and comes amid Elon Musk's OpenAI lawsuit; Grok never grew to utilize xAI's Colossus 1 (Axios)

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How lidar and other tech developed for autonomous vehicles is now used in smart city systems, in-home elder care services, and major shipyards like in Rotterdam (John R. Quain/New York Times)

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Samsung says it is ceasing sales of TVs and appliances in China amid fierce competition from local brands; Samsung's TV and appliance unit lost ~$138M in 2025 (Kwanwoo Jun/Wall Street Journal)

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UK-based Quantum Motion, which builds quantum computers on silicon chips, raised a $160M Series C; EU-backed growth fund Kembara made its first investment (Bloomberg)

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At Code with Claude, Dario Amodei said Anthropic had planned to grow ~10x in 2026 but could grow 80x, calling its growth rate "crazy" and "too hard to handle" (Natallie Rocha/New York Times)

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Elon Musk says he spent time with Anthropic "to understand what they do to ensure Claude is good for humanity"; Musk called Anthropic "evil" and "misanthropic" (Lauren Goode/Wired)

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As founders race to make their companies "legible" to AI, they must keep the things that make them hard to copy "illegible", or risk commoditizing their moat (Brian Halligan/@bhalligan)

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Swiss pharmaceutical group Roche agrees to acquire US-based PathAI, which makes AI diagnostic tools, for up to $1.05B, with $750M upfront, closing in H2 2026 (Adrià Calatayud/Wall Street Journal)

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Specialist chipmaker Silex raised ~$220M in a Stockholm IPO and jumps nearly 160% in trading, the strongest open for a sizable European IPO in almost five years (Bloomberg)

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The Pentagon's mishandled blacklisting of Alibaba and Baidu in February shows how the Trump administration is often at odds with itself on how to approach China (Kate O'Keeffe/Bloomberg)

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Source: Samsung offered to allocate ~13% of operating profit to chip division staff; unions threaten an 18-day walkout, seeking a 15% share and a 7% wage hike (Daniel Tudor/Financial Times)

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Amazon plans to merge MX Player into Prime Video in India, combining free and paid streaming catalogs on a single platform over the next few months (Naman Ramachandran/Variety)

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Analysis: South Korea's equity market overtakes Canada's as the world's seventh largest, driven by Samsung and SK Hynix, whose stocks have more than doubled YTD (Sangmi Cha/Bloomberg)

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Datacenter to become Arm's biggest business 'soon' (Simon Sharwood/The Register)

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Moonshot, the Chinese AI startup behind Kimi chatbot, raised ~$2B at a $20B+ valuation led by Meituan's venture arm; Moonshot's ARR topped $200M in April 2026 (Zheping Huang/Bloomberg)

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Bristol Myers Squibb's Massachusetts facility boosted drug production volume for clinical and commercial use by ~40% with AI, a bright spot in US manufacturing (Farah Stockman/New York Times)

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Bengaluru-based Pronto, an on-demand home-help service, raised a $20M Series B extension from Lachy Groom at a $200M valuation, up from $100M in March (Jagmeet Singh/TechCrunch)

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FanDuel CEO Amy Howe departs after five years, succeeded by President Christian Genetski, as parent company Flutter reports MAUs fell 3% YoY to 14.4M in Q1 2026 (Christopher Kuo/Wall Street Journal)

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Anthropic researchers detail "model spec midtraining", which adds a stage between pretraining and fine-tuning to improve generalization from alignment training (Anthropic)

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Sources: the US and China are considering recurring talks on AI security risks, with Scott Bessent leading the US side; Trump and Xi Jinping meet next week (Lingling Wei/Wall Street Journal)

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Are you there Grok? It's me, Margaret (Jerusalem Demsas/The Argument)

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A US appeals court strikes down a 2023 FCC rule banning broadband access discrimination based on income, race, and more; Chair Brendan Carr welcomes the ruling (Jon Brodkin/Ars Technica)

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Scale AI wins a $500M DOD contract via the US Chief Digital and AI Office to help sift data and assist in decision-making, after receiving a $100M deal in 2025 (Jen Judson/Bloomberg)

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Musk v. Altman: Shivon Zilis testifies her relationship with Musk didn't influence her duties as an OpenAI board member; she left in 2023 after Musk started xAI (Carly Nairn/Courthouse News Service)

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Filing: Meta asks a judge to overturn the jury's verdict in the Los Angeles social media addiction trial or order a new trial, citing Section 230 protections (Diana Novak Jones/Reuters)

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Snap reports Q1 revenue up 12% YoY to $1.53B, in line with est., and says it ended its $400M Perplexity deal announced in November; SNAP drops 4%+ pre-market (Jonathan Vanian/CNBC)

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DoorDash reports Q1 revenue up 33% YoY to $4.04B, below $4.14B est., and forecasts Q2 marketplace gross order value above estimates; DASH jumps 11%+ pre-market (Koyena Das/Reuters)

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Arm reports Q4 revenue up 20% YoY to $1.5B and says AGI CPU demand will drive $2B in sales in 2027 and 2028, over 2x its guidance; ARM jumps 11%+ pre-market (Michael Acton/Financial Times)

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Google Chrome silently installs a ~4GB Gemini Nano model on desktop devices; Google says it has been offered since 2024 and users can remove it via settings (Ben Schoon/9to5Google)

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Corgi, which provides insurance for startups and uses AI to generate quotes, manage claims, and more, raised a $160M Series B led by TCV at a $1.3B valuation (Richard Nieva/Forbes)

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Musk v. Altman: Mira Murati testifies that Sam Altman lied to her about the safety standards for a new OpenAI model and that he made her work more difficult (Jay Peters/The Verge)

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Instacart reports Q1 revenue up 14% YoY to $1.02B, GTV up 13% to $10.29B, and orders up 10%, compared with a 16% growth a year earlier; CART drops 8.18% (Neil J Kanatt/Reuters)

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Anthropic says it signed a deal with SpaceX to use "all of the compute capacity" at Colossus 1, giving it access to over 300 MW of new capacity within the month (Axios)

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Google releases Multi-Token Prediction drafters for its Gemma 4 models, which use a form of speculative decoding to guess future tokens for faster inference (Ryan Whitwam/Ars Technica)

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Sources: Microsoft is considering delaying or dropping its 2030 goal of matching its hourly power use with renewable energy purchases, amid the data center boom (Bloomberg)

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Following its SpaceX deal, Anthropic doubles Claude Code's five-hour rate limits for paid plans and removes peak hours limit reduction for Pro and Max plans (Anthropic)

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SpaceX signs an agreement with Anthropic to provide access to Colossus 1, and says Anthropic expressed interest in partnering for orbital compute capacity (xAI)

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Anthropic updates Claude Managed Agents with "dreaming", a scheduled process that reviews recent work and updates memory, available in research preview (Frederic Lardinois/The New Stack)

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Sources: DeepSeek is in talks to raise $3B to $4B led by China's national AI fund, valuing DeepSeek at up to $50B (Reuters)

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London-based Ethos, which lets companies use AI for hiring, including for voice interviews and profile analysis, raised a $22.75M Series A led by a16z (Ana-Maria Stanciuc/The Next Web)

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Google DeepMind takes a minority stake in the maker of Eve Online, a multiplayer role playing game set in outer space, and plans to train its tech on the game (Cecilia D'Anastasio/Bloomberg)

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SCOTUS rejects Apple's request to temporarily block a judicial order in the Epic Games lawsuit that found Apple in violation of court-mandated App Store changes (Mike Scarcella/Reuters)

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The UK FCA says it is investigating PayPal, Mastercard, and Visa for alleged anti-competitive behavior; Visa says it is "regarding the PayPal digital wallet" (Laith Al-Khalaf/Financial Times)

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