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Biohub, a Mark Zuckerberg- and Priscilla Chan-funded institute, releases "a world model of protein biology" to researchers for prediction, design, and discovery (Ina Fried/Axios)

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The Shanghai Stock Exchange says memory maker CXMT cleared a listing review for the exchange's Nasdaq-like STAR Board, in what could be China's top IPO in 2026 (Wall Street Journal)

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Source: TSMC CEO C.C. Wei told staff that they will see a 30%+ bump in their profit-sharing payouts in 2026 on average, after some staff voiced concerns online (Bloomberg)

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Temu owner PDD reports Q1 revenue up 11% YoY to ~$15.7B, below ~$16.2B est., net profit down 15% to ~$1.85B, below ~$3.4B est., amid fierce competition in China (Wall Street Journal)

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Sources: ByteDance is discussing up to $70B of 2026 capex as it builds out data centers and other AI infrastructure, underwritten by its ~$50B profit in 2025 (Bloomberg)

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Demis Hassabis says he still broadly expects AGI around 2030, though he now sees 2029 as a possibility, and 2026's "agentic era" is a "bit like a practice run" (Ina Fried/Axios)

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Milan-based social travel startup WeRoad raised a $58M Series C led by Airbnb, taking its total funding to ~$100M, to expand into the US, starting in Austin (Lauren Forristal/TechCrunch)

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Sources: Germany and Spain are leading opposition to the EU's plan to ban Chinese suppliers like Huawei from telecom networks as part of new cybersecurity rules (Bloomberg)

Jensen Huang says Nvidia spends $100B-$150B per year on its Taiwan supply chain, up from $10B-$15B in 2022-2023, and will boost its 1,000 staff there to 4,000 (Nikkei Asia)

Datacurve releases the DeepSWE coding benchmark, a 113-task test across 91 open-source repositories: GPT-5.5 leads at 70%, GPT-5.4 got 56%, and Opus 4.7 got 54% (Michael Nuñez/VentureBeat)

Xreal launches a new sub-brand, X by Xreal, and $299 a01 display glasses with micro OLED displays, a 50° FOV, and a 62g weight, set for a July release in the US (Scott Stein/CNET)

Sources: Taiwan suspects three people smuggled at least one shipment of Nvidia chips to China after exporting them to Japan; Taiwan detained the trio last week (Bloomberg)

Amazon says it invested £15B in the UK in 2025, including new sites and expanded studio facilities, keeping it on track to invest £40B over three years by 2027 (Reuters)

How AI is starting to dismantle the hegemony of the Big Four consultancies and other large firms, as AI agents help smaller consultancies handle big workloads (Financial Times)

Sources: EU leaders are divided on curbing Big Tech as they weigh cloud tender rules and giving EU companies preferential access to mobile satellite spectrum (Foo Yun Chee/Reuters)

A deep dive into how Anthropic's Claude Code and Peter Steinberger's OpenClaw unleashed the AI agent revolution that is rapidly transforming modern computing (Steven Levy/Wired)

Q&A with Claude Code creator and head Boris Cherny on how the title "software engineer" is disappearing, why AI may create more jobs than it destroys, and more (Casey Newton/Platformer)

A look at the Pentagon's embrace of autonomous weapons before its fight with Anthropic over "red lines", and the debate over AI use in military operations (Hayden Field/The Verge)

Sources and documents detail China's effort to modernize its decade-old domestic surveillance network with new generations of AI-enabled cameras and software (Eleanor Olcott/Financial Times)

Analysis: the share of entry-level hiring in India's tech sector fell to ~15% in 2025 from 28% in 2024 as companies shifted focus to AI and automation roles (Tanya Pandey/The Economic Times)

Sources: software-specialist PE firm Hg agrees to acquire Rightsline, whose software helps Disney, the BBC, WBD, and others manage IP licensing, for $500M (Financial Times)

President Trump says it is "critically important" that the CFTC has exclusive authority to oversee prediction markets, as some states attempt to regulate them (Ashleigh Fields/The Hill)

Initial benchmarks: Nvidia's Vera Rubin CPU, which features 88 Nvidia-designed Olympus cores, packs a heavy-hitting punch, beating Intel's and AMD's x86_64 CPUs (Michael Larabel/Phoronix)

Document: Samsung plans to invest $1.5B to build a semiconductor testing plant focused on legacy chips in Vietnam; the plant is slated to open in November 2027 (Reuters)

Samsung's largest union approves a pay deal that would give chip workers an average bonus of ~$340K, with ~74% of members voting in favor, staving off a strike (Yoolim Lee/Bloomberg)

SK Hynix tops $1T in market value after its shares jumped 11% on May 27, becoming the third Asian company to hit the milestone; SK surged 900%+ in the past year (Bloomberg)

Sources: Fireworks AI, which helps companies run AI models, is in talks to raise funding at a $15B valuation, up from $4B after raising $254M in October 2025 (Rebecca Torrence/Bloomberg)

Source: AI inference provider Baseten is in talks to raise $1B at an $11B post-money valuation, up from $5B after its $300M Series E announced in January 2026 (The Information)

OpenAI hires ServiceNow CMO Colin Fleming as CMO for its business segment; he succeeds Kate Rouch, who stepped down earlier this year to focus on her health (Trishla Ostwal/Adweek)

US cybersecurity company Zscaler reports Q3 revenue up 25% YoY to $850.5M, above $835.4M est., and forecasts Q4 revenue below est.; ZS drops 18%+ after hours (Harshita Mary Varghese/Reuters)

Sources: Bond Capital is leading a new investment for AI startup Suno, which would value it at ~$5B, up from $2.45B last fall; Suno is expected to raise $250M+ (Axios)

Charter confirms a data breach after ShinyHunters claimed to steal 40M customer records from Charter's Salesforce instance and threatened to leak the data (Lawrence Abrams/BleepingComputer)

Micron hit a $1T market value for the first time on Tuesday as shares jumped 19%, driven by demand for its memory chips in the AI race (Samantha Subin/CNBC)

London-based Perceptic, which says its end-to-end AI platform for drug development is being used by top pharmaceuticals, raised a $12M seed led by Accel (Jeremy Kahn/Fortune)

Q&A with Sundar Pichai about reshaping the information ecosystem with Search changes, putting AI agents in everything, when AI will replace him as CEO, and more (Nilay Patel/The Verge)

Nvidia officially retires its GeForce Control Panel app after 20 years, following the porting of all of its major features to the Nvidia app (Tom Warren/The Verge)

Human Archive, which trains robots using first-person video from 1,000+ camera-equipped caps worn by Indian home services workers, raised $8.2M from YC and more (Ivan Mehta/TechCrunch)

SpaceX filing: X's ad revenue was $1.8B in 2025, $1.7B in 2024, and $2.3B in 2023, below Twitter's $4B in 2021; X and Grok now have 6.3M active paid subscribers (Alex Weprin/The Hollywood Reporter)

American Airlines picks SpaceX's Starlink for in-flight Wi-Fi on more than 500 planes; SpaceX already has contracts with United Airlines, Southwest, and others (Leslie Josephs/CNBC)

Sources: Qualcomm reached a deal with ByteDance to supply millions of ASICs for AI data centers to support AI agents in the Doubao chatbot; QCOM jumps 4.48% (Ian King/Bloomberg)

Filing: Monzo reports its "refer a friend" payouts grew 40% YoY to £29.5M for the 12 months ending March 2026, as part of a broader £143M marketing spend (Financial Times)

China executes a man called Xu Yao for killing Yoozoo Games founder Lin Qi in 2020; Lin reportedly sidelined Xu, who helped land the 3 Body Problem Netflix deal (Koh Ewe/BBC)

How AI startups like Altur are using chatbots to help automate debt collection; YC incubated six debt collection and settlement startups in the past six years (Kate Knibbs/Wired)

Dropbox founder Drew Houston is stepping down as CEO after 19 years to become executive chairman, replaced by Ashraf Alkarmi, who is SVP and GM of Dropbox Core (Jonathan Vanian/CNBC)

Google Fitbit Air review: slim, comfortable, and stylish, robust tracking, seven-day battery life, and cheaper than Whoop, but can only be worn on the wrist (Max Buondonno/The Shortcut)

The Dutch government blocks the acquisition of authentication IT supplier Solvinity by US-based Kyndryl, citing "a possible risk to the public interest" (Pieter Haeck/Politico)

Spain says it is blocking Polymarket and Kalshi as a precautionary measure while it probes possible gambling law violations over the next three to four months (Mauro Orru/Wall Street Journal)

Spotify launches a library of over 650 narrated long-form magazine articles in English for Premium users; free users can buy articles "individually for $1.99" (Jess Weatherbed/The Verge)

OpenRouter raised $113M led by CapitalG, a source says at a $1.3B valuation, and now processes 25T tokens across 400+ models weekly, up from 5T six months ago (Michael J. de la Merced/New York Times)

Atlanta-based e-commerce logistics company Stord raised a $250M Series F led by Strike at a $3B valuation, up from $1.5B after a $200M Series E in May 2025 (Julie Bort/TechCrunch)