• DefiLlama: investors pulled ~$14B from the DeFi sector after North Korea-linked hackers stole $290M from Aave in April, weeks after stealing $280M from Drift (Financial Times)
• A medical student reverse-engineered AI tools used by medical colleges on suspicion they were filtering his applications, highlighting AI-driven hiring concerns (Todd Feathers/Wired)
• Sources: DeepSeek is in talks to raise funds, and the Big Fund, China's biggest state-backed chip fund, is seeking to lead the investment at a ~$45B valuation (Financial Times)
• Study: using weaker AI models to supervise a more capable model could prevent the stronger model from deliberately underperforming on benchmarks and evaluations (Emil Ryd/@emilaryd)
• Accounting software company Visma's delayed IPO, coming amid "SaaSpocalypse" fears, is a major setback for private equity parent Hg, a software buyout giant (Financial Times)
• Infineon expects data center revenue to grow from €1.5B in FY2026 to €2.5B in FY2027, as it and EU peers STMicro and NXP benefit from AI infrastructure demand (Christina Kyriasoglou/Bloomberg)
• Security camera companies are embracing AI to give customers detailed descriptions of surveillance footage that are often spot on but can also be wildly wrong (Scott Calvert/Wall Street Journal)
• Study: US schools with strict cellphone bans in class have not seen higher test scores on average so far, but students reported a greater sense of well-being (Dana Goldstein/New York Times)
• Sources: Blue Origin outlines a new employee stock plan to quell staff unrest and make its incentives more competitive with SpaceX (Rafe Rosner-Uddin/Financial Times)
• Google quietly shuts down Project Mariner, its Chrome-browsing AI agent for completing tasks on users' behalf, after highlighting it onstage at I/O 2025 (Max Zeff/@zeffmax)
• Germany-based eleQtron, which develops trapped-ion quantum computing processors using proprietary tech, raised a €57M Series A led by Schwarz Digits (Tamara Djurickovic/Tech.eu)
• Source: Alphabet is in talks with Blackstone, KKR, and EQT to give their portfolio companies AI model access, after OpenAI's and Anthropic's JVs with PE firms (The Information)
• Nace.AI, which lets companies build specialized AI models tailored to their business' mission and language, raised a $21.5M seed led by Walden Catalyst (Chris Metinko/Axios)
• Coupang reports Q1 revenue up 8% YoY to $8.5B and a net loss of $266M following a 2025 Korean customer data breach, its largest loss since Q4 2021 (The Korea Herald)
• CRM software company Freshworks said it plans to cut 11% of its workforce, or ~500 jobs, as it deals with AI's impact; FRSH has dropped ~26% in 2026 (Anhata Rooprai/Reuters)
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• ‘I Actually Thought He Was Going to Hit Me,’ OpenAI’s Greg Brockman Says of Elon Musk
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• The Italian Dubbing of ‘The Devil Wears Prada 2’ Has Stirred Up a Surprising Controversy
• Pornhub Restores Access for UK Adults Who Use Apple’s Age Verification
• Bose Brings Back Its ‘Lifestyle’ Branding With New Speakers for the Home
• Google DeepMind Workers Vote to Unionize Over Military AI Deals
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• Greg Brockman Defends $30B OpenAI Stake: ‘Blood, Sweat, and Tears’
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| • Pornhub is unblocking UK users who verify their age with Apple
• Valve releases design files for its out-of-stock Steam Controller
• Apple will pay $250 million for failing to deliver its AI-powered Siri on time
• Anthropic reportedly agrees to pay Google $200 billion for chips and cloud access
• Xbox is ditching Microsoft's Copilot AI
• Remakes of Myst and Riven are coming to PlayStation, Xbox and the Microsoft Store
• Irish regulators are investigating whether Meta is using 'dark patterns' to steer people away from non-algorithmic feeds
• Apple Intelligence will reportedly let you choose third-party AI models in iOS 27
• Pennsylvania is suing Character.AI over chatbots that pretend to be licensed doctors
• The next Call of Duty is not coming to PS4 (or presumably Xbox One)
• Google Home gains more Gemini-powered camera features
• The Steam Controller sold out super quickly and Valve is working on a restock
• ChatGPT's new default model is more factual and better at personalization
• Book publishers accuse Meta and Mark Zuckerberg of copyright infringement
• Alexa+ is now available on a bunch of Bose speakers
• Chrome on Android will now let you share your approximate location
• Google will livestream The Android Show: I/O Edition on May 12
• Coinbase lays off nearly 700 workers in 'AI-native' restructuring
• Game Pass additions for May include Subnautica 2 and Forza Horizon 6
• The creator of Citizen Sleeper 2 is making two new games
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