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Analysis: the combined free cash flow of Amazon, Alphabet, Microsoft, and Meta is expected to fall to ~$4B in Q3 and hit its lowest full-year level since 2014 (Financial Times)

Analysis: the combined free cash flow of Amazon, A...

3 months ago 24 Add to circle

Filings: Baidu's AI chip unit Kunlunxin is planning a dual IPO on Shanghai's STAR Board and in Hong Kong; Baidu holds a 58% stake in Kunlunxin (Bloomberg)

Filings: Baidu's AI chip unit Kunlunxin is plannin...

3 months ago 24 Add to circle

Fintech app Toss, used by ~66% of South Korea's 51M people, says its FacePay service, available at 330K retail outlets, has attracted 4.8M users since September (Song Jung-a/Financial Times)

Fintech app Toss, used by ~66% of South Korea's 51...

3 months ago 121 Add to circle

Sources: SK Hynix's big customers have been proposing a range of offers to secure memory chip supplies, including investing in dedicated chip production lines (Reuters)

Sources: SK Hynix's big customers have been propos...

3 months ago 19 Add to circle

Instructure disables its Canvas edtech platform, used by thousands of schools and universities, amid a data extortion attack claimed by ShinyHunters (Brian Krebs/Krebs on Security)

Instructure disables its Canvas edtech platform, u...

3 months ago 18 Add to circle

Sony reports 1.5M PS5 unit sales in Q4, down 46% YoY, and forecasts annual sales at its gaming business to fall 6% YoY to $1.69B, amid memory chip price surge (Sam Nussey/Reuters)

Sony reports 1.5M PS5 unit sales in Q4, down 46% Y...

3 months ago 20 Add to circle

Sources: Anthropic weighs raising as much as $50B at a ~$900B pre-money valuation, likely closing within two months; its annualized revenue is nearing $45B (Financial Times)

Sources: Anthropic weighs raising as much as $50B ...

3 months ago 21 Add to circle

Sources: White House unease over Mythos has left some administration officials fearful that the change represents a reversal of its hands-off AI policy (Wall Street Journal)

Sources: White House unease over Mythos has left s...

3 months ago 22 Add to circle

OpenAI is rolling out GPT-5.5-Cyber, a security-focused variant of the model, in a limited preview capacity to vetted cybersecurity teams (Sam Sabin/Axios)

OpenAI is rolling out GPT-5.5-Cyber, a security-fo...

3 months ago 21 Add to circle

A US judge blocks DOGE's termination of $100M in National Endowment for the Humanities grants, saying ChatGPT prompts used to decide the cuts were ill-defined (Zoe Tillman/Bloomberg)

A US judge blocks DOGE's termination of $100M in N...

3 months ago 23 Add to circle

Mozilla says Anthropic's Mythos Preview and other AI models helped it identify and ship 423 Firefox security bug fixes in April, compared to 31 a year earlier (Russell Brandom/TechCrunch)

Mozilla says Anthropic's Mythos Preview and other ...

3 months ago 23 Add to circle

Sources: AI model builder Core Automation, founded in March by Jerry Tworek, aims to raise $300M-$500M at a $4B valuation after raising $100M at a $1B valuation (The Information)

Sources: AI model builder Core Automation, founded...

3 months ago 20 Add to circle

MercadoLibre reports Q1 revenue up 49% YoY to $8.8B, vs. $8.4B est., and net income down 16% to $417M, vs. $433M est.; MELI drops 5%+ after hours (Bloomberg)

MercadoLibre reports Q1 revenue up 49% YoY to $8.8...

3 months ago 21 Add to circle

French prosecutors escalate an investigation into Elon Musk and X, focused on alleged algorithmic manipulation and sexual deepfakes, to a criminal probe (Lora Kolodny/CNBC)

French prosecutors escalate an investigation into ...

3 months ago 22 Add to circle

Block reports Q1 revenue up 5% YoY to $6.1B, vs. $5.9B est., and raises its 2026 gross profit forecast above estimates; XYZ jumps 7%+ after hours (Isabelle Lee/Bloomberg)

Block reports Q1 revenue up 5% YoY to $6.1B, vs. $...

3 months ago 24 Add to circle

Lyft reports Q1 revenue up 14% YoY to $1.65B, vs. $1.63B est., gross bookings up 19% to $4.95B, vs. $4.91B est., and rides up 8.5% to 236.9M, vs. 241.2M est. (Kelly Cloonan/Wall Street Journal)

Lyft reports Q1 revenue up 14% YoY to $1.65B, vs. ...

3 months ago 19 Add to circle

CoreWeave reports Q1 revenue up 112% YoY to $2.08B, vs. $1.97B est., a $99.4B revenue backlog, forecasts Q2 revenue below estimates; CRWV drops 8%+ after hours (Jordan Novet/CNBC)

CoreWeave reports Q1 revenue up 112% YoY to $2.08B...

3 months ago 23 Add to circle

Nvidia and data center operator IREN announce a deal to deploy up to 5 GW of AI infrastructure; Nvidia can invest $2.1B into IREN; IREN jumps 9%+ after hours (Jonathan Vanian/CNBC)

Nvidia and data center operator IREN announce a de...

3 months ago 21 Add to circle