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Intel unveils its first dedicated handheld gaming chips, the Arc G3 and Arc G3 Extreme, featuring Xe3 GPU cores, arriving first in the Acer Predator Atlas 8 (Sean Hollister/The Verge)

Qualcomm unveils the Snapdragon C, an entry-level ARM-based SoC for Windows 11 devices starting from $300 and shipping in 2026, taking aim at the MacBook Neo (Zac Bowden/Windows Central)

Sources: at WWDC, Apple is likely to showcase how 15 years of designing chips gives it an advantage in running AI locally, and will use a distilled Gemini model (Aaron Tilley/The Information)

Filing: CNN sues Perplexity in New York for allegedly unlawfully copying and distributing CNN content, after failing to agree on terms with Perplexity in 2025 (Brian Stelter/CNN)

YouTube adds a "custom feed" to its home page that lets users prompt it to create a constantly refreshing feed, available to signed-in US users with history on (Andrew Romero/9to5Google)

Illustrations based on sources detail Apple's Siri overhaul, like a new UI and chatbot-style app, and major iOS 27 changes, ahead of the WWDC keynote on June 8 (Mark Gurman/Bloomberg)

Oura unveils the Oura Ring 5, with a 40% smaller form factor, improved sensing, and repositioned LEDs, shipping from June 4 for $399, up from the Ring 4's $349 (Bloomberg)

Letter: US Central Command says it received "threat reports concerning adversary exploitation of commercial location data" to target US personnel in war zones (Raphael Satter/Reuters)

IBM and Red Hat commit $5B to establish a new open-source software model, dubbed Project Lightwell, and will deploy 20,000 engineers globally, supported by AI (Connor Hart/Wall Street Journal)

AWS has used Resilient Network Graphs, a quasi-random networking architecture with a flat mesh design, since late 2025 and says it accelerates information flows (Lauren Goode/Wired)

Source: the Shanghai Futures Exchange is in the early stages of designing futures contracts for AI tokens; US exchanges are set to launch GPU compute futures (Reuters)

Samsung's Securities, SDS, and Card units say they will acquire a 4% stake in Dunamu, which operates South Korea's largest crypto exchange, for ~$446M in cash (Choi Yeon-jae/The Korea Herald)

London-based Geordie AI, which builds a security and governance platform for AI agents, raised a $30M Series A led by Balderton at an estimated $180M valuation (Jeremy Kahn/Fortune)

The Steam Deck's huge price hike, from $399 in 2022 to $789 today, is the end of an era for gaming handhelds, coming amid RAMageddon, tariffs, and the Iran war (Sean Hollister/The Verge)

As Google plans to build a $15B AI data center hub in Visakhapatnam, India, locals and rights groups are raising concerns over "extremely high" water stress (Wall Street Journal)

The European Commission fines Temu €200M under the DSA for allegedly failing to adequately stop the sale of illegal products; further penalties could follow (Foo Yun Chee/Reuters)

London- and SF-based Orbital Industries, which uses its Orb model to design advanced materials and then sell them directly, raised a $50M Series B led by Plural (Jeremy Kahn/Fortune)

Internal speech: JD.com founder Liu Qiangdong vows to protect the company's 900,000 employees from AI and automation, saying it will "do everything possible" (Bloomberg)

The European Commission launches a full review of JD.com's €2.2B acquisition of German electronics retailer Ceconomy under its Foreign Subsidies Regulation (Bloomberg)

UK researchers win access to Google's Willow quantum chip, which it says completes a calculation in five minutes that takes supercomputers 10 septillion years (Chris Vallance/BBC)

Dealroom: London overtakes Paris to reclaim its position as Europe's leading tech hub, and now ranks fourth globally; London startups raised $17.7B in 2025 (Paul Sandle/Reuters)

Mistral says it is accelerating superintelligence development to ensure Europe's independence from US tech giants, and signs deals to supply Airbus and BMW (Sam Schechner/Wall Street Journal)

Chip design software maker Synopsys reaches a deal with Elliott, giving one board seat to the activist investor's Jesse Cohn, after roughly two months of talks (Svea Herbst-Bayliss/Reuters)

Sources: Australia-founded Airwallex, which Keith Rabois accused of being a "Chinese backdoor", is relocating some staff out of China amid its US expansion (Financial Times)

As the US AI boom drains venture capital from Africa, startups on the continent are pivoting to domestic funding sources, like pension funds and local VC firms (Rivaldo Jantjies/Bloomberg)

Swedish chip optical component maker Sivers, whose stock is up ~1,700% YTD, giving it a ~$2.5B market cap, has become one of the country's most-shorted stocks (Jonas Ekblom/Bloomberg)

Anthropic and OpenAI seem to have finally found product-market fit with coding agents, which are quickly becoming daily drivers for highly paid professionals (Simon Willison/Simon Willison's Weblog)

Surging AI demand causes shortages and price increases across the entire optical supply chain, from lasers and substrates to optical fibers and connectors (Nikkei Asia)

Sources: ByteDance is developing its own CPUs to support its growing AI infrastructure needs, as chip price hikes and supply shortages constrain expansion plans (Reuters)

Australia's Q1 investment growth was boosted by record $6.2B data center investment, up ~2x QoQ, supporting an economy strained by energy costs and high rates (James Mayger/Bloomberg)

Analysis: the Philadelphia Semiconductor Index, which tracks 30 largest US-listed chipmakers, is up ~75% YTD and on track for its biggest annual gain since 1999 (Financial Times)

Global AI hardware demand is easing China's concerns over a stronger yuan hurting exports, as AI hardware exports surge and chip equipment imports rise (Bloomberg)

Taiwanese tech companies have completed a record $14.5B of debt deals so far this year, as they race to secure financing to meet soaring demand for AI capacity (Aileen Chuang/Bloomberg)

Companies are using AI at their global capability centers in India to bring more creative work in-house, cutting turnaround times and reliance on ad agencies (Reuters)

Swiggy CEO Sriharsha Majety says the company plans to stay out of India's commerce spending war, as Amazon and Flipkart ramp up their quick commerce efforts (Bloomberg)

Kirkland & Ellis, the world's highest-grossing law firm, is setting aside $500M to build its own AI platform rather than rely on tools available to its rivals (Financial Times)

Trade Desk's market cap fell ~70% from a December 2024 peak, as it contends with frustrated agency partners, competition from Google, and new entrant Amazon (Patience Haggin/Wall Street Journal)

Memo: Meta plans to embed engineers and product managers within large corporate customers as part of a new Enterprise Solutions unit to help deploy its AI tools (Jyoti Mann/The Information)

Sources: the Pentagon is pursuing funding deals with US drone companies, potentially with equity stakes, to increase domestic production and lower unit costs (Wall Street Journal)

Last.fm announces it is an independent company again, 19 years after being acquired by CBS; it plans to keep its current team and continue the service as normal (Mariella Moon/Engadget)

Kuaishou reports Q1 revenue up 3.4% YoY to ~$5B and Kling AI revenue up 300%+ YoY to ~$96M; Kling reached a ~$500M annualized revenue run rate in March 2026 (Coco Feng/South China Morning Post)

The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case (Jesse Hamilton/CoinDesk)

Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger (Michael Kan/PCMag)

SoFi says SoFiUSD, its US dollar-pegged stablecoin on Ethereum and Solana, is now available for members to buy, sell, hold, and convert within the SoFi app (Brian Danga/The Block)

Mark Zuckerberg tells shareholders that a Meta cloud computing business is "definitely on the table" if it overspends on data centers and has excess capacity (Jonathan Vanian/CNBC)

Illinois Legislature passes SB 315, a bill requiring annual independent third-party safety audits of leading AI companies; the bill heads to the governor's desk (Jared Perlo/NBC News)

The US DOD announces a $9.7B five-year deal with Dell to provide Microsoft 365, advanced cloud subscriptions, and on-premises licensing to the US military (Garrett Downs/CNBC)

US prosecutors charge Google engineer Michele Spagnuolo with using inside information to make $1.2M on Polymarket bets about Google's Year in Search results (ABC News)

Sources: Uber has increased its stake in Delivery Hero to ~37% by acquiring Aspex Management's 14.6% share at a €12B valuation, after a takeover offer last week (Financial Times)

HP reports Q2 revenue up 9% YoY to $14.4B, vs. $14B est., Personal Systems revenue up 13% to $10.2B, and forecasts Q3 adjusted EPS above estimates (Dina Bass/Bloomberg)