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Sun May 31
US political campaign managers and consultants are using AI to analyze voter data, create campaign materials, and more; survey: 87% of campaigners use AI daily (Stuart A. Thompson/New York Times)
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Five Chinese tech and advanced manufacturing companies launch Hong Kong listings, seeking to raise up to $5.6B, led by Apple supplier Luxshare's $3.15B offering (Reuters)
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Sources: Chinese smartphone makers like Xiaomi, Oppo, and Vivo told suppliers they will again cut 2026 shipment targets, with Xiaomi cutting 30% to ~95M units (Nikkei Asia)
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Source: the Trump administration has talked with SpaceX about donating shares to Trump Accounts, which provide children with tax-advantaged savings accounts (Semafor)
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Nebex, a fintech startup aiming to act as a broker platform connecting US space tech suppliers, foreign governments, and investors, raised a $30M seed led by GV (Bloomberg)
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Australia's ACCC sues Amazon for allegedly introducing ads to Prime Video under unfair contract terms and forcing existing subscribers to pay more to avoid them (Peter Vercoe/Bloomberg)
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OpenAI teases a device it is launching in partnership with keyboard maker Work Louder on July 15, saying "Your favorite Codex shortcuts are getting an upgrade" (Emma Roth/The Verge)
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Sources: AI video startup Higgsfield is in talks to raise $300M to $500M at a $5B pre-money valuation, more than 4x its valuation in a January 2026 round (The Information)
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The UK FCA unveils the updated version of its crypto regulatory framework, after softening proposed rules that critics said risked holding the UK back (Financial Times)
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AI coding startup 8090 raised a $135M Series A led by Salesforce Ventures; founder Chamath Palihapitiya announces that he will lead the company as CEO (Julie Bort/TechCrunch)
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The US DOD appoints Marc Andreessen to its Defense Policy Board, a committee that gives strategic advice to the US defense secretary and other top officials (Nick Wadhams/Bloomberg)
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AI leaderboard provider Arena says it hit $100M in annualized run-rate revenue eight months after launching AI Evaluations, which offers performance analytics (Marina Temkin/TechCrunch)
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Google says the Gemini app now offers personalized Nano Banana image generation, previously limited to Plus, Pro, and Ultra users, to eligible US users for free (Lauren Forristal/TechCrunch)
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Sources: hundreds of Meta contractors posed as minors to probe how competitor chatbots responded to prompts involving suicide, sex, and other high-risk subjects (Wired)
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Tidal adopts an AI policy that blocks wholly AI-generated music from earning royalties and removes AI-generated music that impersonates artists (Murray Stassen/Music Business Worldwide)
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Digital Realty says it plans to acquire a majority stake in three fully leased Northern Virginia data centers from Blackstone-managed funds in a $7.8B deal (Jaspreet Singh/Reuters)
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Source: Taiwanese authorities raided Super Micro's Taiwan office as part of a probe into the alleged smuggling of Nvidia chips to China; SMCI closed down 8.1% (Debby Wu/Bloomberg)
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As a new law bars DOD from working with companies whose lobbyists also represent blacklisted entities, DC lobbying firms drop companies like Alibaba and Tencent (Bloomberg)
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Waymo and Uber quietly ended their partnership in Phoenix in May; Uber says it is readying the launch of a separate autonomous vehicle partnership in the city (Sean O'Kane/TechCrunch)
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Sources: component and supplier lists, and photos of iPhone 18 Pro models, are among files a ransomware group stole from Apple's Indian supplier Tata (Reuters)
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Baz releases Baz Planner, which uses four specialized AI agents to analyze code at the planning stage, and extends its seed funding by $9M to $17M (Mike Wheatley/SiliconANGLE)
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California strikes a deal with Anthropic to expand the use of Claude products across state agencies and local governments at a 50% discount (Christine Mui/Politico)
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In Q2, there were thirteen $1B+ US venture-backed startup exits, either through acquisition or IPO, the most exits since the 2021 market peak (Joanna Glasner/Crunchbase News)
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Quantifind, whose AI products help banks combat financial crimes such as money laundering, raised $200M led by Summit Partners (Laura Kreutzer/Wall Street Journal)
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Sources: Amazon is weighing using OpenAI's and its own Nova models to cut costs after Anthropic raised prices for using its models in Amazon products (Catherine Perloff/The Information)
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SCOTUS limits the law enforcement use of "geofence" warrants, saying people have "a reasonable expectation of privacy" in their cell-phone location data (TechCrunch)
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WhatsApp rolls out username reservations globally, allowing users to claim a unique name before the privacy-focused feature launches later this year (Marcus Mendes/9to5Mac)
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Changpeng Zhao says Binance's MiCA application in Greece was fully compliant and close to approval by at least one EU regulator, but "other forces" opposed it (Naga Avan-Nomayo/The Block)
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Straiker, which develops tech for securing enterprise AI agents, raised a $64M Series A, bringing its total funding to $85M (Chris Metinko/Axios)
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SCOTUS finds that Trump's 2025 firing of FTC Commissioner Rebecca Kelly Slaughter without cause was lawful, placing independence of several agencies in doubt (NPR)
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Rocket Lab plans to acquire Iridium for $8B and combine Rocket Lab's launch services with Iridium's satellite-based communications network to rival SpaceX (Emma Roth/The Verge)
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Filing: Strategy paused its bitcoin acquisitions last week, instead topping up its USD reserve to $2.55B and announcing a $1B digital credit buyback program (James Hunt/The Block)
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Internal documents: Meta is placing strict limits on how engineers in its applied AI division can use Claude Code and Codex, fearing inadvertent distillation (Jyoti Mann/The Information)
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Japanese prediction market startups Miraima and Poyp are utilizing a "point-to-voucher" system to bypass strict anti-gambling laws, in a bid to rival Polymarket (Bloomberg)
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The US DOJ seizes nearly 400 domains for illegally streaming 2026 FIFA World Cup matches; last week, ACE, UEFA, and more shut down 44 domains linked to PirloTV (Sergiu Gatlan/BleepingComputer)
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Chinese robotics startup AI² Robotics raised ~$736M at a ~$2.9B valuation; Alibaba-backed X Square Robot raised an undisclosed amount at a ~$2.9B valuation (Bloomberg)
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Google VP of Security Engineering Heather Adkins warns the EU's DMA proposals to open Android and Search could lead to a significant rise in fraud within weeks (Matt Burgess/Wired)
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Adobe: online spending across all retailers in the US hit $26.4B during Amazon's four-day Prime Day event, up 9.3% YoY; Walmart and Target also hosted sales (Spencer Soper/Bloomberg)
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How a Polymarket dispute over a single syllable ignited a bitter debate; Polymarket uses Risk Labs' Optimistic Oracle to decide ~200K tough call bets per month (David Segal/New York Times)
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Verizon and the UK's BT agree to create a joint venture for their international businesses with ~$4B in combined yearly revenue; Verizon will pay $625M to BT (Bloomberg)
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How the UK is betting on IT and AI to combat slow economic and productivity growth, including moving beyond the Golden Triangle of London, Oxford, and Cambridge (Sam Fleming/Financial Times)
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Sources: CXMT and Tencent sign a ~$3B, three-year DRAM supply agreement for servers ahead of CXMT's IPO; CXMT is in talks with other major Chinese companies (Reuters)
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An interview with Axon CEO Rick Smith, who transformed the Taser maker into a policing software company, as its revenue from AI policing tools rises 700%+ YoY (Victoria Albert/Wall Street Journal)
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Academic papers and conference materials offer a deep dive into China's all-CPU LineShine, which pairs custom 304-core Arm CPUs with HBM to top the Top500 (Timothy Prickett Morgan/The Next Platform)
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Sources: disconnected US military databases may have led to the February 28 strike on an Iranian school; some see AI as a fix, others fear it amplifies errors (Katrina Manson/Los Angeles Times)
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A look at security flaws, police misuse, and other concerns over the 100K+ AI-enabled automated license plate readers installed across the US, mostly from Flock (Max Miller/Engadget)
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AI is forcing consulting firms to shift from hourly billing to fixed-fee or outcome-based pricing, a transition proving slow and difficult for the industry (Mark Maurer/Wall Street Journal)
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South Korea, Samsung, and SK Hynix say they plan to invest ~$590B to build a new chip complex, including four chipmaking plants and a chip packaging cluster (Song Jung-a/Financial Times)
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South Korea unveils plans for new AI data centers backed by ~$357.5B from SK Group, GS Group, and Naver, targeting 8.4GW initially and 18.4GW by 2035 (Yi Whan-woo/The Korea Times)
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Kuo: the memory supply-demand gap will widen through 2027, with an estimated 15%-20% of 2026 consumer electronics capacity shifting to data centers in 2027 (Ming-Chi Kuo)
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