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Sources: the Trump administration is looking to change the AI Safety Institute's name to the Center for AI Safety and Leadership in the coming days (Axios)
2025-05-29 20:07 - https://www.techmeme.com/feed.xml
Dell reports Q1 revenue up 5% YoY to $23.38B, vs. $23.14B est., forecasts Q2 revenue above est., and raises its FY 2026 profit forecast on demand for AI systems (Kif Leswing/CNBC)
2025-05-29 21:07 - https://www.techmeme.com/feed.xml
A federal appeals court grants the Trump administration's request to temporarily pause a lower court ruling that struck down most of President Trump's tariffs (Kevin Breuninger/CNBC)
2025-05-29 20:07 - https://www.techmeme.com/feed.xml
Perplexity launches Perplexity Labs, letting users craft reports, spreadsheets, dashboards, and more, available on the web, iOS, and Android for its Pro users (Kyle Wiggers/TechCrunch)
2025-05-29 19:07 - https://www.techmeme.com/feed.xml
Stargate's financing and future are far from straightforward, with ~$50B in commitments to date, far below the $500B touted by President Trump and Sam Altman (Tabby Kinder/Financial Times)
2025-05-29 19:07 - https://www.techmeme.com/feed.xml
Adam Mosseri says Instagram now supports photos with a 3:4 aspect ratio, ensuring that photos appear as they were originally shot, without cropping (Jay Peters/The Verge)
2025-05-29 18:07 - https://www.techmeme.com/feed.xml
Job postings: Amazon has a new ZeroOne team focused on inventing "breakthrough" consumer products, and led by former Microsoft executive J Allard (Annie Palmer/CNBC)
2025-05-29 18:07 - https://www.techmeme.com/feed.xml
Grammarly raised $1B in non-dilutive funding from General Catalyst to expand its AI tools; 2005-founded Grammarly has $700M+ in annual revenue and is profitable (Krystal Hu/Reuters)
2025-05-29 17:06 - https://www.techmeme.com/feed.xml
Meta and Palmer Luckey's Anduril Industries partner to build EagleEye, a new AI-powered weapons system, including rugged helmets, glasses, and other wearables (Heather Somerville/Wall Street Journal)
2025-05-29 17:06 - https://www.techmeme.com/feed.xml
Filing: virtual chronic care company Omada Health plans to raise up to $158M in its IPO, selling shares for $18 to $20 and aiming for an up to ~$1.1B market cap (Ashley Capoot/CNBC)
2025-05-29 16:06 - https://www.techmeme.com/feed.xml
An Apple-funded study says the US App Store drove $406B in 2024 billings and sales, up from $142B in 2019, with developers paying no commission on 90% of sales (Andrew Orr/AppleInsider)
2025-05-29 16:06 - https://www.techmeme.com/feed.xml
Like its predecessor, DeepSeek-R1-0528 has an MIT License and model weights are on Hugging Face; DeepSeek API users will get to use the model at no extra cost (Carl Franzen/VentureBeat)
2025-05-29 15:06 - https://www.techmeme.com/feed.xml
ClickHouse, which offers an OLAP database management system, raised $350M led by Khosla, a source says at a $6.35B valuation; it is nearing an ARR of $100M (Bloomberg)
2025-05-29 15:06 - https://www.techmeme.com/feed.xml
Nvidia debuts a native GeForce NOW app for Steam Deck, supporting games in up to 4K at 60 FPS; in testing, the app extended Steam Deck battery life by up to 50% (Jennifer Young/Windows Central)
2025-05-29 14:06 - https://www.techmeme.com/feed.xml
NYT and Amazon agree to a content licensing deal for use in Amazon's AI platforms and to bring the NYT's "content to a variety of Amazon customer experiences" (New York Times)
2025-05-29 14:06 - https://www.techmeme.com/feed.xml
DeepSeek says its R1 update can perform mathematics, programming, and general logic better than the previous version, and comes close to o3 and Gemini 2.5 Pro (Luz Ding/Bloomberg)
2025-05-29 13:05 - https://www.techmeme.com/feed.xml
Chainalysis: the US government's top 20 crypto holdings are worth ~$20.9B as of May 28, including $20.4B in bitcoin, primarily derived from its seized crypto (Lisa Bonos/Washington Post)
2025-05-29 12:05 - https://www.techmeme.com/feed.xml
Victoria's Secret replaces its website with a message saying "we identified and are taking steps to address a security incident", and closes some store services (Sergiu Gatlan/BleepingComputer)
2025-05-29 12:05 - https://www.techmeme.com/feed.xml
Dutch information services company Wolters Kluwer agrees to acquire legal software maker Brightflag for ~$480M in cash, set to close in June 2025 (Andrea Figueras/Wall Street Journal)
2025-05-29 12:05 - https://www.techmeme.com/feed.xml
Beijing-based Kuaishou updates its Kling video-generation tool to cut the cost and time to create clips, and says it can generate 1080p videos in under a minute (Luz Ding/Bloomberg)
2025-05-29 11:05 - https://www.techmeme.com/feed.xml
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