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Workday reports Q1 revenue up 13% YoY to $2.54B vs. $2.52B est., and lifts its full-year forecast, saying its AI strategy is working; WDAY jumps 9%+ after hours (Jordan Novet/CNBC)

Texas AG Ken Paxton sues Meta, accusing WhatsApp of marketing its services as secure but failing to "deliver on those promises" by accessing encrypted messages (Ryan Autullo/Bloomberg Law)

Meta joins TikTok, Snap, and YouTube in settling with a Kentucky school district to avoid a trial over claims the platforms were designed to addict kids (Erin Mulvaney/Wall Street Journal)

Sources: Starbucks shut down an AI program for automating inventory counts, nine months after deploying it, after it frequently miscounted and mislabeled items (Waylon Cunningham/Reuters)

Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised a $355M Series C at a $4.65B valuation, up from $1.1B in 2025 (Deepa Seetharaman/Reuters)

Gavin Newsom signs an EO mandating state agencies work with the AI industry and others to study subsidies for companies that don't replace workers with AI (Cecilia Kang/New York Times)

Sources: OpenAI generated ~$5.7B in revenue in Q1, ~$1B more than Anthropic; its adjusted operating income margin was -122%, and ChatGPT user growth stalled (Sri Muppidi/The Information)

Sources: the EU will propose temporarily lifting sanctions, imposed in April, on a major Chinese semiconductor supplier after automakers warned of shortages (Alberto Nardelli/Bloomberg)

August Robotics, which makes autonomous robots for construction and industrial applications, raised $30M led by Big Pi Ventures (Kyt Dotson/SiliconANGLE)

Apple plans to broadcast an MLS game on Saturday shot entirely on 15 iPhone 17 Pros, the first major live sports event to be captured using only smartphones (Todd Spangler/Variety)

Source: smart ring maker Oura filed confidentially for a US IPO, set for later in 2026; SF- and Finland-based Oura had an $11B valuation in September 2025 (Mark Gurman/Bloomberg)

Spotify and UMG plan to let Premium users create AI covers and remixes using music from participating UMG artists as a paid add-on, without giving a launch date (Jem Aswad/Variety)

London Mayor Sadiq Khan blocks the Met police's £50M Palantir deal to automate intelligence analysis, citing a "clear and serious breach" of procurement rules (Robert Booth/The Guardian)

Spotify partners with Live Nation to launch Reserved, a new feature that sets aside tickets for the most dedicated fans, starting with Premium users in the US (Ethan Millman/The Hollywood Reporter)

Spotify says it has 1M+ subscriptions to Audiobook+, which is on track for $100M in ARR, and unveils an ElevenLabs-powered audiobook self-publishing tool (Ivan Mehta/TechCrunch)

Spotify Labs launches Studio, a NotebookLM-like desktop app to generate private, AI-powered podcasts, in research preview across 20+ markets (Ivan Mehta/TechCrunch)

Crypto exchange Blockchain.com confidentially files for a US IPO; the UK-based company founded in 2011 was once valued at $14B (Logan Hitchcock/Decrypt)

The White House postpones a planned Thursday ceremony for Trump to sign a new EO on AI and cybersecurity; Trump says "I didn't like certain aspects of it" (Ashley Gold/Axios)

Federal records: Grok was utilized in only 3 of 400+ publicly identified federal AI use cases in 2025, behind 234 for ChatGPT, 33 for Gemini, 26 for Claude (Reuters)

Waymo suspends operations in Atlanta and San Antonio as its robotaxis struggle with flooded roads and says it has yet to develop a "final remedy" for flooding (Sean O'Kane/TechCrunch)

Hark, founded by Figure AI CEO Brett Adcock to build AI-powered devices, raised a $700M+ Series A led by Parkway Venture at a $6B post-money valuation (Samantha Kelly/Bloomberg)

Sources: Anthropic is in talks to rent servers powered by Microsoft-designed chips; source: Anthropic has steadily increased its Azure usage since November 2025 (The Information)

Anthropic, Blackstone, and Hellman & Friedman's unnamed enterprise services JV buys Fractional AI, its first deal; sources say Fractional ends its OpenAI deal (Preeti Singh/Bloomberg)

Flipper unveils the Flipper One, a pocketable open Arm Linux computer with similar performance to a Raspberry Pi 5, and welcomes feedback to get it market-ready (Mark Tyson/Tom's Hardware)

GitHub links the breach of 3,800 internal repositories to the TanStack npm supply-chain attack, saying hackers used a malicious Nx Console VS Code extension (Sergiu Gatlan/BleepingComputer)

Netflix and iHeartMedia say Charlamagne tha God's The Breakfast Club will stream live on Netflix on weekdays from June 1, the service's first daily live show (Anne Steele/Wall Street Journal)

Bluesky and Clemson University researchers detail a novel Russian influence campaign that hijacked influential Bluesky accounts to spread pro-Kremlin propaganda (Steven Lee Myers/New York Times)

The US Commerce Department plans to award $2B in grants to nine quantum computing companies and will take equity stakes; IBM is set to get $1B of the package (Wall Street Journal)

Taiwan is seeking to detain three people for forging documents to export Super Micro servers with Nvidia chips to China, Hong Kong, and Macau, breaking US rules (Bloomberg)

Higgsfield AI premieres Hell Grind, a 95-minute fully AI-generated film, at Cannes and says it took two weeks and cost $500K to make, of which $400K was on AI (Isabelle Bousquette/Wall Street Journal)

SpaceX S-1: Valor Equity Partners founder Antonio Gracias, a longtime Elon Musk ally, controls a 7.3% stake in SpaceX, the second-largest holder after Musk (Bloomberg)

Jeff Bezos dismisses AI job fears, defends billionaires against "vilification", proposes eliminating income taxes for low earners, and praises President Trump (CNBC)

Analysis: Samsung is set to distribute ~$26.6B to its 78,000 chip employees, or a ~$340K bonus to each, in early 2027 as part of a last-minute labor union deal (Bloomberg)

Sources: Manus' co-founders are in talks to raise $1B+ to buy back the Chinese-founded startup, after Beijing ordered Meta to unwind its $2B Manus acquisition (Bloomberg)

AMD pledges to invest $10B+ in Taiwan's chip industry to make advanced chip packaging for AI, and says TSMC will ramp up production of its next-gen Venice chips (Sherry Qin/Wall Street Journal)

Arizona State University study: waste heat from Phoenix-area data centers raised downwind neighborhoods' air temperatures by up to 4°F above upwind temperatures (Tech Xplore)

Paris-based Pivot, which develops AI tools for procurement and financial workflows, raised a $40M Series B co-led by Forestay Capital and Notion Capital (Tamara Djurickovic/Tech.eu)

Bengaluru-based Scapia, which offers travel-focused co-branded credit cards and an app, raised $63M led by GC, a source says at a $500M+ post-money valuation (Jagmeet Singh/TechCrunch)

X resolved a three-year dispute with Australia's eSafety regulator after a court upheld a fine against the company for inadequate disclosures on combating CSAM (Byron Kaye/Reuters)

Commure, which offers AI, revenue cycle management, and workflow automation tools for healthcare providers, raised $70M led by GC at a $7B post-money valuation (Paige Minemyer/Fierce Healthcare)

Ofcom says Meta, Snap, and Roblox will adopt stronger anti-grooming measures, while TikTok and YouTube "failed to commit to any significant changes" (Ofcom)

AMD says its Mac Mini-sized Ryzen AI Halo PC starts at $3,999 with Ryzen AI Max 300 chips, for pre-order in June, and unveils AI Max 400 chips, available in Q3 (Devindra Hardawar/Engadget)

Cohere releases Command A+, a sparse MoE open model built for agentic tasks, with 218B total and 25B active parameters, its first under the Apache 2.0 license (Carl Franzen/VentureBeat)

Jensen Huang said that Nvidia has "largely conceded" China's AI chip market to Huawei and should "expect nothing" regarding chip sale approvals to China (Lee Ying Shan/CNBC)

Filing: SpaceX set aside $530M for potential litigation losses, including lawsuits involving Grok's "Spicy" mode, which it described as a "heightened risk" (Wired)

SpaceX S-1: Starlink had 10.3M subscribers in Q1 2026, a 105% increase YoY; SpaceX's "Connectivity" business, which is primarily Starlink, made $11.3B in 2025 (Michael Kan/PCMag)

Sources: the Pentagon is launching a task force to study how to safely deploy leading AI tools with hacking capabilities across Cyber Command and NSA missions (Politico)

SpaceX S-1: xAI plans to buy another $2.8B worth of turbines for its data centers, including a $2B deal for mobile gas turbines, the type NAACP is suing it for (Tim De Chant/TechCrunch)

SpaceX S-1: xAI had a $6.4B operating loss on $3.2B in revenue in 2025; Grok and X had 550M MAUs combined as of March 2026, and 117M used Grok's AI features (Rebecca Bellan/TechCrunch)

SpaceX S-1: Anthropic is paying SpaceX $1.25B/mo. until May 2029 under their compute deal; Anthropic says it's expanding the deal to include Colossus 2 capacity (Ina Fried/Axios)