Techmeme
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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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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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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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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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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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Musk v. Altman: the judge asks Elon Musk and Sam Altman to "control your propensity to use social media to make things worse outside this courtroom" (Madlin Mekelburg/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)