Q1 revenue of $13.6 billion beat the $12.4 billion consensus by 9.4%. Data Centre and AI revenue rose 22% to $5.1 billion. Non-GAAP EPS of $0.29 beat the 1-cent consensus by a factor of 29. The stock ...
China plans to require government approval before AI startups accept US capital. Trump administration is cracking down on Chinese distillation of US AI model.
Turkey’s parliament has passed a law banning social media for under-15s, with a parallel identity-verification law for all users.
US gas prices passed $4/gallon and EV interest hit 2026 highs, but overall EV sales fell 28% and Tesla missed delivery estimates. The tax credit mattered more than the pump.
DeepSeek releases preview versions of V4-Pro and V4-Flash on Hugging Face, open-source, with a 1M-token context window and Huawei chip optimisation.
Amazon-backed X-Energy raised $1.02B in its Nasdaq IPO at $23/share, as AI data centre electricity demand powers the small modular reactor investment boom.
OpenAI launches GPT-5.5, its first fully retrained base model since GPT-4.5, targeting enterprise with agentic coding, computer use, and knowledge work ...
Cohere and Aleph Alpha announce a merger creating a ~$20B transatlantic AI company with dual Canadian-German headquarters.
Norway’s Labour government will propose banning social media for under-16s and making platforms responsible for age verification.
Microsoft offers voluntary retirement to ~8,750 US employees using a "Rule of 70" formula, its first such programme in 51 years, as it redirects spending toward AI.
Rilian raises $17.5M led by 8VC to deploy agentic AI into air-gapped defence and sovereign cloud environments.
Meta is laying off 10% of its workforce starting 20 May, with more cuts planned for H2 2026, while spending up to $135B on AI infrastructure and awarding executives $921M stock options.
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