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As Meta prepares to lay off ~10% of its staff on May 20, sources say morale is low, and Meta forcibly moved 1,000+ engineers to an AI unit to build GenAI models (Wired)

As Meta prepares to lay off ~10% of its staff on M...

2 months ago 12 Add to circle

Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and plans to acquire data centers worth $250M to $1.5B (Subrat Patnaik/Bloomberg)

Blackstone Digital Infrastructure Trust raised $1....

2 months ago 21 Add to circle

Zhaopin: Chinese graduates returning home from abroad rose 12% YoY in 2025, fueling Beijing's plans to take on Silicon Valley; China is offering big incentives (Wall Street Journal)

Zhaopin: Chinese graduates returning home from abr...

2 months ago 17 Add to circle

Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source (Wall Street Journal)

Foxconn reports Q1 revenue up 29% YoY to ~$67B and...

2 months ago 20 Add to circle

Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes (Max A. Cherney/Reuters)

Filing: Jensen Huang's foundation bought $108.3M w...

2 months ago 25 Add to circle

Canadian legaltech company Clio says its ARR has reached $500M, citing demand for its AI services; it was valued at $5B after a $500M Series G in November 2025 (Marina Temkin/TechCrunch)

Canadian legaltech company Clio says its ARR has r...

2 months ago 22 Add to circle

Sources: the US cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made (Reuters)

Sources: the US cleared ~10 Chinese companies, inc...

2 months ago 20 Add to circle

Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf (Aisha S Gani/Bloomberg)

Riyadh-based Stitch, which develops software for b...

2 months ago 18 Add to circle

Sources: climate watchdog SBTi drops proposed rules that would limit tech companies' claims that gas-fueled data centers are covered by clean energy investments (Kenza Bryan/Financial Times)

Sources: climate watchdog SBTi drops proposed rule...

2 months ago 19 Add to circle

Musk v. Altman filing: Sam Altman holds $2B+ in stakes in companies that have done business with OpenAI, including a $1.7B stake in fusion startup Helion Energy (Kenrick Cai/Reuters)

Musk v. Altman filing: Sam Altman holds $2B+ in st...

2 months ago 15 Add to circle

LY Corp launches a bid with Bain Capital to buy Kakaku.com, which operates restaurant review and booking site Tabelog, for $4B, challenging EQT's $3.75B offer (Nikkei Asia)

LY Corp launches a bid with Bain Capital to buy Ka...

2 months ago 20 Add to circle

ZipRecruiter: IT and CS job postings are up 14.2% YoY in April; entry-level roles fell from 8.1% a year ago to 7.4%, while senior roles grew from 38.8% to 43.1% (Katherine Bindley/Wall Street Journal)

ZipRecruiter: IT and CS job postings are up 14.2% ...

2 months ago 21 Add to circle

Microsoft updates Edge with new AI features, including letting Copilot gather information from open tabs and use browsing history for more relevant answers (Emma Roth/The Verge)

Microsoft updates Edge with new AI features, inclu...

2 months ago 18 Add to circle

OpenAI says it would support a global AI governance body that is led by the US and includes China as a member, similar to the International Atomic Energy Agency (Maggie Eastland/Bloomberg)

OpenAI says it would support a global AI governanc...

2 months ago 19 Add to circle

Sources: Google plans to announce a new Gemini model at its I/O conference next week; the model will land roughly in the class of GPT-5.5, but short of Mythos (Alex Heath/Sources)

Sources: Google plans to announce a new Gemini mod...

2 months ago 18 Add to circle

TikTok launches TikTok GO in the US for users to book hotels, attractions, and experiences directly in the app, partnering with Booking.com, Expedia, and others (Aisha Malik/TechCrunch)

TikTok launches TikTok GO in the US for users to b...

2 months ago 21 Add to circle

OpenEvidence, an AI-powered medical search tool, says it's used by two-thirds of US physicians, or ~650K doctors, and an additional 1.2M doctors internationally (Jared Perlo/NBC News)

OpenEvidence, an AI-powered medical search tool, s...

2 months ago 17 Add to circle

Sources: Apollo Global, Morgan Stanley, and others are testing Grok internally as part of xAI's finance sector push, but financiers are rarely using it for work (Carmen Arroyo/Bloomberg)

Sources: Apollo Global, Morgan Stanley, and others...

2 months ago 15 Add to circle