• Ad buyers say ad rates for ChatGPT are falling from $60 CPM to as low as $25 and the minimum spend to advertise is down to $50K from $250K at launch (Krystal Scanlon/Digiday)
• Netflix plans to launch a vertical video feed, to help with content discovery, this month, and plans to use AI for content creation and recommendations (Ivan Mehta/TechCrunch)
• China's smartphone shipments declined 4% YoY in Q1 amid memory shortages; Huawei's shipments grew 2% YoY for a 20% market share, iPhone grew 20% for a 19% share (Ivan Lam/Counterpoint Research)
• Sources: xAI plans to let Cursor train Composer 2.5 AI coding model using tens of thousands of xAI's GPUs, a new strategy for xAI in a competitive AI landscape (Grace Kay/Business Insider)
• Anthropic launches Claude Design, a new experimental product that lets users create visuals like prototypes, slides, one-pagers, and more using Claude (Aisha Malik/TechCrunch)
• Sources: DeepSeek is in talks to raise outside capital for the first time, seeking at least $300M at a valuation of at least $10B (The Information)
• Sources: some shareholders are questioning whether Sam Altman should lead OpenAI through the turbulence of an IPO and have floated Bret Taylor as a successor (Wall Street Journal)
• India drops a proposal to require Apple, Google, Samsung, and other smartphone makers to preinstall the country's biometric identification app Aadhaar on phones (Reuters)
• Bluesky says a sophisticated DDoS attack is to blame for continued app outages but it has not seen any evidence of unauthorized access to private data (Sarah Perez/TechCrunch)
• Loop, which uses AI to predict supply chain disruptions, raised a $95M Series C co-led by Valor Equity Partners and the Valor Atreides AI Fund (Sean O'Kane/TechCrunch)
• An interview with Dario Amodei, who says the negative narrative around AI is dominant because the industry hasn't yet fully delivered the benefits it promises (John Thornhill/Financial Times)
• Kraken parent company Payward agrees to acquire Bitnomial, a digital asset derivatives platform, for up to $550M in cash and stock, which values Payward at $20B (Will Canny/CoinDesk)
• Cyber experts say the EU's age verification app has glaring privacy and security problems; after saying it was ready, EU officials say the app is "still a demo" (Politico)
• China fines leading food delivery apps, like from Alibaba, PDD, and Meituan, a total of ~$528M, the largest fine for the sector since the 2015 food safety law (Luz Ding/Bloomberg)
• Charles Schwab unveils its long-awaited crypto investing product, Schwab Crypto, with a 0.75% fee on every crypto trade and plans to launch in the coming weeks (Tanaya Macheel/CNBC)
| • AI Drafting My Stories? Over My Dead Body
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• Nike Promo Codes and Deals: 30% Off
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• Dark Matter May Be Made of Black Holes From Another Universe
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• Musk v. Altman Is a Battle for OpenAI’s Soul
• The UK Launches Its $675 Million Sovereign AI Fund
• Google's AI Mode Update Tries to Kill Tab Hopping in Chrome
• Anthropic Plots Major London Expansion
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| • Bluesky blames DDoS attack for server outages
• NASA restarts work to support Europe's uncrewed trip to Mars after years of setbacks
• Panic says the Playdate Catalog won't accept games made with generative AI
• Exit 8 is cinema for the livestreaming era
• Anthropic now has a design assistant too
• Roblox agrees to a $12 million settlement with Nevada
• Donut Lab's battery claims reportedly subject of whistleblower complaint
• TCL's RGB-Mini LED TVs will start at $8,000
• Engadget Podcast: Allbirds goes from shoes to AI
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• OpenAI's latest Codex update builds the groundwork for its upcoming super app
• Google Chrome makes it easier to wrangle different tabs in AI Mode
• Intel launches new Core Series 3 chips for mainstream laptops
• Gemini can now draw on your Google data to personalize the images it generates
• The first real trailer for the Street Fighter movie is filled with crowd-pleasing moments
• Meta isn't setting its Oversight Board free just yet
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• Anna's Archive told to pay Spotify and record labels $322 million over unprecedented music scraping
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• Anthropic will ask Claude users to verify their identities 'for a few use cases'
• Amazon MGM's 2026 theatrical slate includes 'Highlander' and 'Spaceballs: The New One'
• YouTube now lets you hide Shorts
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• PlayStation Plus April catalog adds include Horizon Remastered, Squirrel with a Gun and Frank Stone
• There's yet another study about how bad AI is for our brains
• Google unleashes a native Gemini app for the Mac
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• Snap is laying off 16 percent of its workforce, blames AI
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• Adobe's Firefly AI Assistant works across Photoshop, Premiere and other apps
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