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Mon May 11
Amp, which aims to buy excess computing capacity from data center operators to sell to startups, universities, and more, raised $1.3B from a16z and others (Cade Metz/New York Times)
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Sources: Jensen Huang was not invited to travel with President Trump on his China trip, a potential setback to Nvidia; Huang expressed his willingness to join (Bloomberg)
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Sources: the Trump administration is quietly debating whether to ban Chinese-made cellular modules, as the US FCC pushes measures to reduce Beijing's threats (Demetri Sevastopulo/Financial Times)
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Human Rights Watch: at least six EU member states, including Bulgaria and Denmark, have sold surveillance tech to 24+ countries known for violating human rights (Ryan Gallagher/Bloomberg)
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Source: Microsoft Israel's GM leaves after an internal probe into alleged unethical use of Azure by Israel's MOD; Microsoft France will manage Microsoft Israel (Assaf Gilead/Globes)
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A Hollywood writer recounts working as an "AI trainer" for companies like Mercor, as AI gig work becomes the "new waiting tables" for entertainment workers (Ruth Fowler/Wired)
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Instructure reaches a deal with hackers who breached its Canvas edtech platform to return stolen data and destroy copies, without saying what it gave in return (Qasim Nauman/New York Times)
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Sources: some Amazon employees are using in-house OpenClaw-like tool MeshClaw for unnecessary tasks to inflate AI token use after Amazon set weekly AI targets (Financial Times)
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The US House Oversight Committee launches a probe into potential conflicts in Sam Altman's personal investments; letter: several GOP AGs call for an SEC review (Wall Street Journal)
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AppMagic: Grok downloads fell to ~8.3M in April, from a high of 20M+ in January; Recon Analytics: Grok's paid adoption in the US remains nearly flat YoY in Q2 (Georgia Wells/Wall Street Journal)
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Source: new revenue sharing terms cap OpenAI's payments to Microsoft at $38B; they previously could have totaled $135B through 2030 if long-term goals were met (The Information)
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