Techmeme
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Amazon shares closed up 15.32% on Friday, the biggest one-day jump since April 2012, after the company reported accelerating AWS revenue (Spencer Soper/Bloomberg)
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Roblox shares close down ~27%, its worst-ever daily percentage decline, after forecasting falling bookings and slowing revenue growth; RBLX is down 40%+ YTD (Kit Norton/Barron's Online)
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Sources: OpenAI has discovered other instances where AI agents escaped containment; none of the agents were thought to have left OpenAI's network (Reuters)
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FBI and EPA say water and wastewater utilities in at least seven states reported cyberattacks this week, with some causing flooding and other operational issues (James Rundle/Wall Street Journal)
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Illinois Governor JB Pritzker signs the Children's Social Media Safety Act, a bill designed to limit children's access to "addictive" social media algorithms (Ben Szalinski/Capitol News Illinois)
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An in-depth account of the past two days inside Situational Awareness, as Aschenbrenner assured investors he would focus on changes to his portfolio management (Wall Street Journal)
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Google rolls back an image generation tool in Google Earth to add "stronger guardrails" after concerns arose it can be used to create deepfake satellite imagery (Geoff Brumfiel/NPR)
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Index Ventures has raised $2B in new capital: a $900M venture vehicle, $400M for seed financing, and an addition of $700M to a 2024 $1.5B growth fund (Mark Bergen/Bloomberg)
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Snap says its recommendation systems will be adjusted so only videos created by real people, not AI-generated ones, are eligible for Spotlight recommendations (Lauren Forristal/TechCrunch)
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Sources: NXP is in talks to buy Ambarella, which has a market cap of ~$3.3B and makes image-processing chips for security cameras and self-driving cars (Oliver Barnes/Financial Times)
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OpenAI says its models now have more than 1B active users and are used by more than 2M businesses (Katherine Hamilton/Wall Street Journal)
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Trump says he does not think Iran is behind a cyberattack on Minnesota water systems: "I think I blame it on Minnesota because they're grossly incompetent" (Reuters)
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Filing: Microsoft's product R&D roles declined for the second straight year as the company's total FY2026 headcount fell for the first time since 2016 (Todd Bishop/GeekWire)
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SpaceXAI says it will remove 69 gas turbines used to power the Colossus data centers near Memphis by July 2027, as it moves to a 1.2 GW natural gas power plant (Tim De Chant/TechCrunch)
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South Korea plans to inject ~$14B into its sovereign wealth fund for strategic investments in AI, data centers, and infrastructure, after a rout in tech stocks (Haram Lim/Bloomberg)