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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

OpenAI says it has briefed the White House on its new biodefense program, which uses GPT-Rosalind to help develop biodefense and pandemic preparedness tools (Maria Curi/Axios)

London-based Inherent, which aims to combine human scientific research with AI to produce innovations, emerges from stealth with $50M led by Index Ventures (Martin Coulter/Sifted)

Paxos says the US SEC has approved its registration as a clearing agency, allowing it to provide clearing and settlement services for eligible transactions (Danny Park/The Block)

Lenovo's stock is up 105% in May, marking its biggest monthly gain since 1999, after earnings showed AI-related revenue helped offset rising memory costs (Bloomberg)

Blue Origin's New Glenn rocket, which exploded during testing on Thursday, was set to ferry 48 Amazon Leo satellites on Monday; Amazon paid Blue Origin $2.7B (Financial Times)

A look at Anthropic's hiring process, which prohibits AI use in interviews and features a culture interview that candidates describe as highly intense (Jo Constantz/Bloomberg)

EY-Parthenon: VC funding for Singapore startups fell 34% YoY to $4.6B in 2025, with AI startups accounting for 42.8% of the 472 deals, raising $1.4B, up 28% YoY (Katrina Bianca Cuaresma/DealStreetAsia)

A look at strains in the UK's fintech sector, as former industry darlings are forced to overhaul their operations or merge under pressure to reach profitability (Financial Times)

Sources: SpaceX is currently targeting an IPO valuation of at least $1.8T, down from a previous $2T+ target, after consultations with advisers and investors (Bloomberg)

Tencent bets on smaller AI models in the race with Chinese rivals, as EVP Dowson Tong says AI now contributes 20%+ of its revenue and 95%+ of new internal code (Cissy Zhou/Nikkei Asia)

BYD announces the Xuanji A3 chip, which it calls China's most powerful chip for ADAS and the centerpiece of its new laptop-sized central computing platform (Bloomberg)

UK Chief Secretary to the Treasury Lucy Rigby warns that rejecting AI in public services means choosing "decline", vowing to prioritize its Whitehall rollout (Financial Times)

Samsung says it has started shipping its first 12-layer HBM4E samples to major clients; SK Hynix said in April that it aimed to ship HBM4E samples in H2 2026 (Yoolim Lee/Bloomberg)

Microsoft overhauled Copilot's design in Microsoft 365 with a minimalist black-and-white, text-focused interface aimed at creating a more consistent experience (Ian Carlos Campbell/Engadget)

Pittsburgh-based Gray Swan, which stress-tests AI models for top frontier AI labs, raised a $40M Series A at a $200M valuation co-led by Wing VC and Madrona (Rashi Shrivastava/Forbes)

Asana acquires StackAI, a no-code platform for building AI agents, for $75M as part of Asana's broader AI pivot; PitchBook: StackAI raised ~$20M (Russell Brandom/TechCrunch)

France's market regulator warns crypto companies they could face blacklisting and lawsuits if they don't have MiCA licenses by the EU's June 30 deadline (Elizabeth Howcroft/Reuters)

Sources: TikTok is cutting music label-facing jobs to focus on its music distribution arm SoundOn and other projects that connect it more directly with artists (Bloomberg)

AI researchers ran 15-day simulations of worlds governed by different AI models: Claude Sonnet 4.6 recorded no crimes, while Gemini 3 Flash had the most at 683 (Jake Angelo/Fortune)

Dell reports Q1 AI server revenue up 757% YoY to $16.1B and raises its FY 2027 AI server revenue forecast to $60B, up from its prior projection of $50B (Mike Wheatley/SiliconANGLE)

Triomics, which is building an AI-powered platform to help oncologists automate data-heavy tasks, raised a $22M Series B, following a $15M Series A in 2024 (Marina Temkin/TechCrunch)

Sources: Apollo Global and Blackstone are working to bring additional investors into a ~$36B debt financing deal to purchase Google TPUs for Anthropic to lease (Bloomberg)

California AG Rob Bonta sues 23andMe, alleging it failed to protect sensitive user data in a 2023 breach that affected ~7M people across the US (Jaimie Ding/Associated Press)

Okta reports Q1 revenue up 11% YoY to $765M, vs. $752M est., says the agentic AI build-out is spiking demand for its identity tools; OKTA jumps 8%+ after hours (Samantha Subin/CNBC)

Sources: Amazon has shut down an internal leaderboard that tracked employees' use of AI tools after workers tried to boost their scores with needless tasks (Rafe Rosner-Uddin/Financial Times)

Sources: Airwallex raised new funding led by Lee Fixel's Addition at a ~$12B valuation, up from $8B late last year, and hit $1.5B in ARR, up from $1B in October (Axios)

Doc: the EU is preparing emergency powers to intervene in Europe's chip supply chains during shortages, including by forcing chipmakers to override contracts (Barbara Moens/Financial Times)

Dell reports Q1 revenue up 88% YoY to $43.84B, vs. $35.43B est., and forecasts FY 2027 revenue above estimates; DELL jumps 38%+ after hours (Jordan Novet/CNBC)

Autodesk agrees to buy MaintainX, a company focused on maintenance tools, in an all-cash deal that values MaintainX at $3.6B (Brody Ford/Bloomberg)

Snowflake stock closed up 36% on Thursday, its best day ever, after the company boosted guidance and announced an AI compute deal with Amazon (Samantha Subin/CNBC)

Fonoa, which helps enterprises manage indirect tax compliance, raised a $110M Series C led by Headline and acquired PwC's Indirect Tax Edge platform (Ryan Lawler/Axios)

Anthropic adds dynamic workflows to Claude Code, enabling hundreds of subagents to run in parallel for complex engineering tasks such as framework migrations (Claude)

The CFTC moves to vacate a $5M settlement with Gemini, reversing a Biden-era enforcement action, following a lobbying campaign by the Winklevoss twins (Wall Street Journal)

Anthropic raised a $65B Series H at a $965B post-money valuation, overtaking OpenAI's $852B valuation, and says its revenue run rate crossed $47B this month (New York Times)

Anthropic says it expects Mythos-class models to be available to all customers "in the coming weeks" following the development of stronger safeguards (Madison Mills/Axios)

Corgi, which uses AI to provide insurance for startups, raised a $106M Series B1 at a $2.6B valuation, up from $1.3B on May 6, for a total funding of $378M (Dominic-Madori Davis/TechCrunch)

Anthropic launches Opus 4.8, saying it's "more likely to flag uncertainties about its work and less likely to make unsupported claims", at the same price as 4.7 (Russell Brandom/TechCrunch)

Elon Musk says Anthropic's Colossus deal is "a 180 day lease with 90 day notice"; SpaceX's S-1 said Anthropic "agreed to pay a monthly fee through May 2029" (Russell Brandom/TechCrunch)

Meta's Oversight Board says Meta agreed to increase its funding by $13M, ensuring that it will be funded through 2028, reversing a planned decrease in funding (Casey Newton/Platformer)

IBM plans to invest more than $10B in quantum computing over five years as it aims to build the first large-scale, error-free quantum computer by 2029 (Reuters)

Waymo unveils Ojai, a vehicle designed in partnership with Zeekr for robotaxi use, initially for select riders in San Francisco, Los Angeles, and Phoenix (Edward Ludlow/Bloomberg)

YouTube launches new Premium podcast features, including an AI-powered recommendation tool, an "Auto speed" setting, and a new on-the-go listening mode (Aisha Malik/TechCrunch)

Saris, which builds AI agents to automate back-office work for banks and credit unions, raised a $28.8M Series A led by 8VC (Ryan Lawler/Axios)

Reactor, which says its AI platform can generate video in real-time with near-zero latency, emerges from stealth with a $59M Series A led by Lightspeed (Todd Spangler/Variety)

Visa makes an undisclosed investment in Replit; the two will explore how developers on Replit can use Visa Intelligent Commerce and the Trusted Agent Protocol (Ivan Mehta/TechCrunch)

Source: Groq is raising up to $650M from existing investors; the AI chipmaker earlier signed a $20B Nvidia licensing deal that saw much of its senior team leave (Dan Primack/Axios)

Tel Aviv-based web development company Wix cuts ~20% of its workforce, citing the "fast evolution of AI capabilities" and currency exchange rate difficulties (CJ Haddad/CNBC)

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)