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Musk’s X commits to UK regulator on hate speech, with Grok probe still open

X has agreed with Ofcom to review illegal hate and terror posts within 24 hours on average and report quarterly. A separate UK investigation into X, including Grok, remains open.
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Robert Polacek on AI, creative agility, and the future of design practice amidst a digital takeover

RoseBernard Studio co-founder Robert Polacek explains how AI boosts creative output without replacing designers, and why smaller studios have the agility edge.
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The Winklevoss twins paid 2.5x the share price to lift Gemini off the floor

Gemini Space Station shares surged in premarket trading after Winklevoss Capital paid $100m in bitcoin, at 2.5x the market price, for 7.1m new Class A shares, alongside a Q1 beat.
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Jury deliberations to begin in OpenAI nonprofit trial after Musk skips closing for Beijing

Closing arguments in Musk v. Altman wrapped on Thursday in Oakland, with jury deliberations beginning Monday. Up to $134bn in disgorgement and OpenAI's structure are at stake.
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Jumia is cutting another 10% of staff. AI is the framing. Profitability is the deadline.

Jumia is cutting another 10% of staff, citing AI workflows. The company has now shed more than half its workforce since 2022. Q4 profitability is the deadline.
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Multiverse raises $70m at a $2.1bn valuation to push its AI-adoption pitch across Europe

Multiverse raised $70m at a $2.1bn valuation in a Schroders Capital-led round, citing 50% YoY revenue growth, its January StackFuel acquisition and an ambition to become Europe's AI adoption platform.
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Samsung offers to talk; the union says June, after the strike

Samsung offered unconditional union talks on Friday. The NSEU said yes, on 7 June, three days after its 18-day strike ended. Shares fell as much as 7.6%.
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Graphon AI exits stealth with $8.3M to build the data layer that LLMs are missing

Former Amazon and Meta researchers launch Graphon AI with $8.3M seed round. The startup builds a relational data layer that sits before the model, backed by Perplexity Fund and Samsung Next.
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Figma’s numbers say AI is a tailwind. Its stock price says the market isn’t sure.

Figma beat estimates across the board with $333.4M in Q1 revenue. More than 75% of power users opted to pay for AI credits after free limits were enforced. Stock jumped 8% after hours.
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Palantir’s numbers are working. For the first time, the story is not.

Retail traders dumped $82M in Palantir stock as they rotated into memory chips, while Germany excluded the company from its defence cloud. Karp calls the debate 'witchcraft'.
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A four-month-old startup just raised $650 million to build AI that improves itself

Ex-Meta and DeepMind researchers raised $650m at a $4.65bn valuation for Recursive Superintelligence, a startup betting AI ...
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Wall Street’s six largest banks cut 15,000 jobs and posted $47 billion in profits. The CEOs stopped pretending.

TL;DRThe six largest US banks shed 15,000 jobs in Q1 2026 while posting $47 billion in profits, with CEOs explicitly crediting AI for headcount reductions; JPMorgan, Citi, Goldman Sachs, Bank of ...