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Sources: the US Commerce Department last week ordered multiple chip equipment companies to halt some shipments to China's second-largest chipmaker, Hua Hong (Karen Freifeld/Reuters)
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NXP reports Q1 revenue up 12% YoY to $3.18B, vs. $3.15B est., and forecasts Q2 revenue above estimates; NXPI jumps 13%+ after hours (Christina Kyriasoglou/Bloomberg)
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Musk v. Altman: Musk testifies he's suing OpenAI because "it is not okay to steal a charity" and its pivot sets a concerning precedent for philanthropic efforts (Bloomberg)
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Robinhood reports Q1 revenue up 15% YoY to $1.07B, vs. $1.14B est., and crypto revenue down 47% to $134M, vs. $147.6M est.; HOOD drops 6%+ after hours (Luke Kawa/Sherwood News)
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Seagate reports Q3 revenue up 44% YoY to $3.11B, vs. $2.96B est., and forecasts Q4 revenue and adjusted EPS above estimates; STX jumps 13%+ after hours (Zaheer Kachwala/Reuters)
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China's National Supercomputing Center in Shenzhen unveils the Lingshen project, aiming for 2+ exaFLOPS performance using a domestic-made CPU-only architecture (Luke James/Tom's Hardware)
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Sources: Apple plans an AI overhaul for photo editing in iOS 27, including using on-device AI models to extend, enhance, and reframe photos (Mark Gurman/Bloomberg)
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South Africa withdraws its first draft national AI policy after revelations that it contained fictitious sources that appeared to have been AI-generated (Nellie Peyton/Reuters)
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Q&A with Sam Altman and AWS CEO Matt Garman about OpenAI's new partnership with AWS, Bedrock Managed Agents, Trainium chips, and more (Ben Thompson/Stratechery)
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Sources: Google dropped out of a $100M Pentagon challenge to create tech for voice-controlled, autonomous drone swarms, following an internal ethics review (Katrina Manson/Bloomberg)
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Amazon and OpenAI announce an expanded deal that will make OpenAI's models available from AWS, a day after OpenAI revised its Microsoft partnership (Ina Fried/Axios)
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AWS launches Amazon Connect Decisions and Amazon Connect Talent, which are AI agentic tools aimed at logistics workers and recruiters (Matt Day/Bloomberg)
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The FIDO Alliance launches two working groups to establish industry standards for securing AI agent transactions; Google contributes the Agent Payments Protocol (Lily Hay Newman/Wired)
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Musk v. Altman: the judge asks Elon Musk and Sam Altman to "control your propensity to use social media to make things worse", as opening statements begin (Madlin Mekelburg/Bloomberg)
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Lovable launches its AI coding app on iOS and Android, letting users code via voice or text AI prompts, and allowing them to switch between a PC and mobile (Sarah Perez/TechCrunch)
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Foxconn Industrial Internet, which sells AI servers, reports Q1 revenue up 57% YoY to ~$37B, below $44.5B est., and a record ~$1.5B net income, below $1.8B est. (Rachel Yeo/Bloomberg)
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Sources: Polymarket has discussed lifting the prohibition on US-based customers with the CFTC, as it seeks to bring its main exchange back to the US (Bloomberg)
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Anthropic partners with Blender, Autodesk, Adobe, Ableton, and others to launch connectors that integrate Claude directly into professional creative workflows (Anthropic)
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OpenAI describes a report that it has missed internal goals as "prime clickbait" and says its consumer and enterprise businesses are "firing on all cylinders" (Seth Fiegerman/Bloomberg)
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True Anomaly, which makes autonomous spacecraft and software for the US Space Force, raised a $650M Series D at a $2.2B valuation, bringing total funding to $1B (Samantha Subin/CNBC)
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Snapchat launches AI Sponsored Snaps, a conversational ad format in the Chat tab that lets users talk to brand-specific AI agents for product recommendations (Aisha Malik/TechCrunch)
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US prosecutors allege Peter Stokes, a 19-year-old dual US-Estonian citizen known as Bouquet, is a Scattered Spider member; he was arrested at a Finnish airport (Jason Meisner/Chicago Tribune)
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Sources: at least two China-based funds that back leading AI companies have used parallel fund structures to fundraise from US investors in recent months (Bloomberg)
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Sources and memos: Tencent employees used Claude Code to assist them with evaluating and fine-tuning the company's new Hy3 model to improve its performance (Juro Osawa/The Information)
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GitHub addresses two recent incidents and says it aims to improve reliability amid AI growth, focusing on "availability first, then capacity, then new features" (Vlad Fedorov/The GitHub Blog)
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Chinese billionaire Chen Tianqiao says his startup MiroMind is adding strict "firewalls" between its Chinese and US businesses, as China blocked Manus' sale (Bloomberg)
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Bloomberg CTO Shawn Edwards says the company is overhauling Terminal with a new chatbot-style interface called ASKB, currently open to ~125K users in beta (Joel Khalili/Wired)
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Google launches Ask YouTube, a conversational AI search "experiment" that generates pages with videos and text summaries, for Premium users in the US aged 18+ (Jay Peters/The Verge)
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AI researchers launch talkie, a 13B vintage language model trained on historical text with a 1930 cutoff, to see if it can replicate scientific breakthroughs (talkie)
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As Russia throttles popular apps and intermittently cuts off internet access, ordinary citizens, politicians, TV stars, and others criticize the restrictions (New York Times)
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Match Group invests $100M in Seattle-based Sniffies, a web-only platform for queer men with ~3M MAUs worldwide, paving the way for a possible acquisition (Samantha Kelly/Bloomberg)
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Australia unveils a draft News Bargaining Incentive scheme that imposes a 2.25% levy on local revenues for platforms; Meta says the government is "simply wrong" (The Guardian)
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Spotify reports Q1 revenue up 14% YoY to €4.5B, MAUs up 12% YoY to 761M, above 759M est., Premium subscribers up 9% YoY to 293M, and a €715M operating income (Ashley Carman/Bloomberg)
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Gartner: US states issued $3.45B in privacy-related fines to companies in 2025, a total larger than the last five years combined, driven by new privacy laws (Derek B. Johnson/CyberScoop)
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Kpler, an online analytics platform tracking global maritime traffic and energy flows, says it has gained millions of new users since the war in Iran began (Alice Hancock/Financial Times)
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Source: Google signed a deal allowing the US DOD to use Google's AI for "any lawful government purpose"; Google says the agreement amends an existing contract (Erin Woo/The Information)
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An analysis of Internet Archive data finds that by mid-2025, ~35% of new websites published since ChatGPT's launch in late 2022 were AI-generated or AI-assisted (Matthew Gault/404 Media)
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Many US rural communities oppose AI data center buildout; Pew says 67% of planned data centers are in rural areas, while 87% of existing ones are in urban areas (Financial Times)
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Q&A with Evan Spiegel on why distribution is the most important moat in consumer tech, investing in Specs, 2026 as a "crucible" moment for Snap, and more (Lenny Rachitsky/Lenny's Newsletter)
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Layoffs.fyi: layoffs affecting 45,800 tech employees were announced in March 2026, making it the worst month for reported tech job cuts in at least two years (Wall Street Journal)
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Bengaluru-based Snabbit, an on-demand home services startup, raised a $56M Series D, a source says at a ~$350M valuation, up from $180M in October 2025 (Jagmeet Singh/TechCrunch)
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How residents in Archbald, Pennsylvania, home to ~7,000 people, are pushing back against six proposed data center campuses covering ~14% of the town's land (Tim Craig/Washington Post)
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Sources: Meta is preparing to have to unwind its Manus acquisition after China banned the transaction; Manus investors have already received their returns (Wall Street Journal)
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Amazon says it plans to expand its Amazon Now quick commerce service to 100 Indian cities; the service is currently live in Delhi, Mumbai, and Bengaluru (The Economic Times)
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OpenAI releases Symphony, an open-source spec for agent orchestration that turns a project-management board like Linear into a control plane for coding agents (OpenAI)
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Shanghai-based Lightelligence, which makes photonics chips, surges by nearly 400% in its trading debut in Hong Kong after raising ~$310M in its IPO (Ann Cao/South China Morning Post)
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South Korea's stock market value has surpassed the UK's, growing 45%+ this year to $4.04T after a surge in AI-linked tech stocks like Samsung and SK Hynix (Charlotte Yang/Bloomberg)
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Some jurors selected in the Musk v. Altman trial expressed negative feelings about Elon Musk and AI, but assured the court they would put these concerns aside (Wired)
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Paris-based SquareMind, whose Swan robot uses AI for full-body dermoscopic skin imaging, raised $18M, including a previously undisclosed pre-Series A (Jim Hammerand/MassDevice)
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