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Socket, which helps companies safeguard open-source code against hackers, raised 60M led by Thrive Capital at a 1B valuation (Dina Bass/Bloomberg)

Dina Bass / Bloomberg: Socket, which helps companies safeguard open-source code against hackers, raised 60M led by Thrive Capital at a 1B valuation — Socket, a cybersecurity startup that sells technol

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Sources: an attack exploiting a previously unknown vulnerability in Huawei router software caused a three-hour nationwide telecoms outage in Luxembourg in 2025 (Alexander Martin/The Record)

DGX agent

Alexander Martin / The Record: Sources: an attack exploiting a previously unknown vulnerability in Huawei router software caused a three-hour nationwide telecoms outage in Luxembourg in 2025 — An atta

applicationstechmeme

20 May 2026

Hardware

Sources: Nvidia's business development group, not its VC arm NVentures, has led much of its ~$90B dealmaking push across 145+ companies over the past 16 months (Financial Times)

Financial Times: Sources: Nvidia's business development group, not its VC arm NVentures, has led much of its ~90B dealmaking push across 145+ companies over the past 16 months — Nvidia's Huang bankrol

hardwaretechmeme

Sources: OpenAI is preparing to file confidentially for an IPO as early as Friday; the company plans to be ready to go public as early as September (Wall Street Journal)

Wall Street Journal: Sources: OpenAI is preparing to file confidentially for an IPO as early as Friday; the company plans to be ready to go public as early as September — The artificial-intelligence g

Stability AI releases a new family of audio models called Stable Audio 3.0 that is trained on licensed data; the top model can generate six-minute songs (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch: Stability AI releases a new family of audio models called Stable Audio 3.0 that is trained on licensed data; the top model can generate six-minute songs — Stability AI, the co

Three precedent-setting court rulings in China have said that employers replacing workers with AI is voluntary cost-cutting that does not justify mass layoffs (Catie Edmondson/New York Times)

Catie Edmondson / New York Times: Three precedent-setting court rulings in China have said that employers replacing workers with AI is voluntary cost-cutting that does not justify mass layoffs — A ser

Two research papers describe how Google's Co-Scientist and nonprofit FutureHouse's AI tools can succeed at drug-retargeting tasks by forming hypotheses (John Timmer/Ars Technica)

John Timmer / Ars Technica: Two research papers describe how Google's Co-Scientist and nonprofit FutureHouse's AI tools can succeed at drug-retargeting tasks by forming hypotheses — Both tools generat

Ubisoft reports a record operating loss of $1.40B for the year to March and says sales in 2026-27 will fall by about 8% to 9%; UBI falls 6%+ (Reuters)

Reuters: Ubisoft reports a record operating loss of $1.40B for the year to March and says sales in 2026-27 will fall by about 8% to 9%; UBI falls 6%+ — French videogame publisher Ubisoft warned on Wed

Variational, which has built a protocol for decentralized derivatives trading aimed at gathering liquidity from traditional markets, raised a $50M Series A (Jack Kubinec/Fortune)

Jack Kubinec / Fortune: Variational, which has built a protocol for decentralized derivatives trading aimed at gathering liquidity from traditional markets, raised a $50M Series A — The crypto industr

Vietnam introduces Decree 142 to implement its AI law, requiring companies to classify AI models by risk level, label deepfakes, and disclose chatbot use (Lien Hoang/Nikkei Asia)

Lien Hoang / Nikkei Asia: Vietnam introduces Decree 142 to implement its AI law, requiring companies to classify AI models by risk level, label deepfakes, and disclose chatbot use — HO CHI MINH CITY —

Analog Devices agrees to buy Empower Semiconductor, which makes chips used to regulate voltage, for $1.5B in cash (Katherine Hamilton/Wall Street Journal)

Katherine Hamilton / Wall Street Journal: Analog Devices agrees to buy Empower Semiconductor, which makes chips used to regulate voltage, for 1.5B in cash — The deal will help Analog Devices expand it

CertiK: physical attacks on crypto holders rose 75% YoY to 72 confirmed cases and 41M in known losses in 2025; Coinbase spent ~7.6M to protect Brian Armstrong (Bloomberg)

Bloomberg: CertiK: physical attacks on crypto holders rose 75% YoY to 72 confirmed cases and 41M in known losses in 2025; Coinbase spent ~7.6M to protect Brian Armstrong — After a year of kidnappings,

Chinese flash memory chipmaker YMTC says it officially initiated a pre-listing tutoring process with local brokers, marking the first formal step toward an IPO (Bloomberg)

Bloomberg: Chinese flash memory chipmaker YMTC says it officially initiated a pre-listing tutoring process with local brokers, marking the first formal step toward an IPO — Yangtze Memory Technologies

Discord says voice and video calls outside of stage channels are now end-to-end encrypted by default, after launching its encryption protocol in September 2024 (Jess Kinghorn/PC Gamer)

Jess Kinghorn / PC Gamer: Discord says voice and video calls outside of stage channels are now end-to-end encrypted by default, after launching its encryption protocol in September 2024 — “Likely one

Elon Musk's OpenAI loss is set to speed up the AI juggernaut amid rising opposition; the case offered a rare glimpse into tech's workings, ending with a whimper (New York Times)

New York Times: Elon Musk's OpenAI loss is set to speed up the AI juggernaut amid rising opposition; the case offered a rare glimpse into tech's workings, ending with a whimper — Even as protests incr

Google adds a conversational search feature to YouTube and rolls out the new Gemini Omni model in YouTube Shorts Remix and the Create app (Sanuj Bhatia/Android Central)

Sanuj Bhatia / Android Central: Google adds a conversational search feature to YouTube and rolls out the new Gemini Omni model in YouTube Shorts Remix and the Create app — Seriously, who is asking for

Google announces updates to Flow and Flow Music: Gemini Omni support, mobile apps, the ability to create custom tools like a video resizer or shaders, and more (Macy Meyer/CNET)

Macy Meyer / CNET: Google announces updates to Flow and Flow Music: Gemini Omni support, mobile apps, the ability to create custom tools like a video resizer or shaders, and more — Google Flow's famil

Google debuts Gemini for Science, a set of experimental tools that help researchers generate hypotheses, conduct testing, and understand scientific literature (Jackson Chen/Engadget)

Jackson Chen / Engadget: Google debuts Gemini for Science, a set of experimental tools that help researchers generate hypotheses, conduct testing, and understand scientific literature — Three new feat

Google unveils Continue On, a new feature in Android 17 that will let users move tasks between Android devices, similar to Apple's Handoff feature (Ben Schoon/9to5Google)

Ben Schoon / 9to5Google: Google unveils Continue On, a new feature in Android 17 that will let users move tasks between Android devices, similar to Apple's Handoff feature — Google is setting the stag

Google updates Project Genie, its interactive world builder, with Street View integration, and expands access to the tool to AI Ultra subscribers globally (Jessica Conditt/Engadget)

Jessica Conditt / Engadget: Google updates Project Genie, its interactive world builder, with Street View integration, and expands access to the tool to AI Ultra subscribers globally — Ground your sno

KPMG partners with Anthropic to embed Claude into its tax and advisory platforms; KPMG's tax and legal services unit saw revenue grow ~8% YoY to $9.3B in 2025 (Mark Maurer/Wall Street Journal)

Mark Maurer / Wall Street Journal: KPMG partners with Anthropic to embed Claude into its tax and advisory platforms; KPMG's tax and legal services unit saw revenue grow ~8% YoY to $9.3B in 2025 — The

Milan-based legal AI company Lexroom raised a €42.9M Series B led by Left Lane, after raising a €16M Series A in September 2025, taking total funding to €62.7M (Rahul Raj/EU-Startups)

Rahul Raj / EU-Startups: Milan-based legal AI company Lexroom raised a €42.9M Series B led by Left Lane, after raising a €16M Series A in September 2025, taking total funding to €62.7M — Lexroom, a Mi

Mistral acquires Vienna-based Emmi AI for an undisclosed sum to boost its industrial offerings in Europe; Emmi raised €15M in Austria's largest round in 2025 (Reuters)

Reuters: Mistral acquires Vienna-based Emmi AI for an undisclosed sum to boost its industrial offerings in Europe; Emmi raised €15M in Austria's largest round in 2025 — Europe's leading artificial int

Modular data center maker Armada raised a 230M Series B co-led by Overmatch, 8090 Industries, and BlackRock at a 2B valuation, and plans a new Arizona factory (Krysta Escobar/CNBC)

Krysta Escobar / CNBC: Modular data center maker Armada raised a 230M Series B co-led by Overmatch, 8090 Industries, and BlackRock at a 2B valuation, and plans a new Arizona factory — Armada, which bu

Monzo reports FY 2026 revenue up 39% YoY to £1.7B, pre-tax profit up 44% to £87.3M, users up 3M to 15M+, and deposits up 55% to £25.7B, as it expands lending (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg: Monzo reports FY 2026 revenue up 39% YoY to £1.7B, pre-tax profit up 44% to £87.3M, users up 3M to 15M+, and deposits up 55% to £25.7B, as it expands lending — Monzo Bank Ltd

NYC Health + Hospitals says hackers accessed its network from Nov. 2025 to Feb. 2026, exposing personal data, medical records, and fingerprints of 1.8M+ people (Zack Whittaker/TechCrunch)

Zack Whittaker / TechCrunch: NYC Health + Hospitals says hackers accessed its network from Nov. 2025 to Feb. 2026, exposing personal data, medical records, and fingerprints of 1.8M+ people — New York

On-demand manufacturing startup SendCutSend raised 110M co-led by Sequoia, Paradigm, and Stripe co-founders Patrick and John Collison, valuing it at 1B (Kate Clark/Wall Street Journal)

Kate Clark / Wall Street Journal: On-demand manufacturing startup SendCutSend raised 110M co-led by Sequoia, Paradigm, and Stripe co-founders Patrick and John Collison, valuing it at 1B — Custom sheet

OpenAI introduces Guaranteed Capacity, a new offering that lets customers guarantee access to OpenAI's compute through one- to three-year commitments (OpenAI)

OpenAI: OpenAI introduces Guaranteed Capacity, a new offering that lets customers guarantee access to OpenAI's compute through one- to three-year commitments — Guarantee long-term access to OpenAI com

OpenAI's win against Elon Musk leaves it free to continue its IPO plans, but it still faces many issues, like rising competition and dozens of other lawsuits (New York Times)

New York Times: OpenAI's win against Elon Musk leaves it free to continue its IPO plans, but it still faces many issues, like rising competition and dozens of other lawsuits — A jury's rejection of El

Roblox authorizes its first share buyback program, aiming to repurchase up to 3B of its stock, including 1B over the next year; RBLX is down ~45% YTD (Cecilia D'Anastasio/Bloomberg)

Cecilia D'Anastasio / Bloomberg: Roblox authorizes its first share buyback program, aiming to repurchase up to 3B of its stock, including 1B over the next year; RBLX is down ~45% YTD — Roblox Corp. au

Sources: Chinese AI startup Moonshot told investors it would revamp its corporate structure to pave the way for a Hong Kong IPO and comply with Beijing's rules (Bloomberg)

Bloomberg: Sources: Chinese AI startup Moonshot told investors it would revamp its corporate structure to pave the way for a Hong Kong IPO and comply with Beijing's rules — Moonshot AI has informed it

Sources: Demis Hassabis was an angel investor in Anthropic; PitchBook and Dealroom: former DeepMind researchers founded 12+ companies since 2021, raising $14B+ (Financial Times)

Financial Times: Sources: Demis Hassabis was an angel investor in Anthropic; PitchBook and Dealroom: former DeepMind researchers founded 12+ companies since 2021, raising $14B+ — Demis Hassabis, the f

Sources detail growing concerns inside SoftBank over Masayoshi Son's $60B+ bet on OpenAI, which some fear concentrates too much capital into a single company (Bloomberg)

Bloomberg: Sources detail growing concerns inside SoftBank over Masayoshi Son's 60B+ bet on OpenAI, which some fear concentrates too much capital into a single company — With more than 60 billion comm

Sources: Intel asks its leading PC partners, including those in the US, China, and Taiwan, to use more 18A CPUs, citing better supply than chips on older nodes (Nikkei Asia)

Nikkei Asia: Sources: Intel asks its leading PC partners, including those in the US, China, and Taiwan, to use more 18A CPUs, citing better supply than chips on older nodes — TAIPEI — Intel is urging

Sources: SpaceX expects to proceed with its acquisition of Cursor 30 days after its public trading debut, which is expected to occur on June 12 (Bloomberg)

Bloomberg: Sources: SpaceX expects to proceed with its acquisition of Cursor 30 days after its public trading debut, which is expected to occur on June 12 — SpaceX expects to proceed with its acquisit

Hardware

Sources: Zyphra, which trains and runs inference for its open-weight models on AMD hardware, is raising a 500M Series B at a valuation of at least 5B (Anna Tong/Forbes)

Anna Tong / Forbes: Sources: Zyphra, which trains and runs inference for its open-weight models on AMD hardware, is raising a 500M Series B at a valuation of at least 5B — The Series B round, which ch

hardwaretechmeme

Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ reduction in support functions in hubs like Bengaluru, amid growing AI usage (Arjun Neil Alim/Financial Times)

Arjun Neil Alim / Financial Times: Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ reduction in support functions in hubs like Bengaluru, amid growing AI usage — Bil

Threat actors published 600+ malicious versions to npm as part of the Shai-Hulud supply chain campaign; most of the affected packages are in the @antv ecosystem (Bill Toulas/BleepingComputer)

Bill Toulas / BleepingComputer: Threat actors published 600+ malicious versions to npm as part of the Shai-Hulud supply chain campaign; most of the affected packages are in the @antv ecosystem — Threa

Trump signs an EO calling on regulators and the Fed to review policies that could support fintech growth, including expanding fintech access to payment accounts (Reuters)

Reuters: Trump signs an EO calling on regulators and the Fed to review policies that could support fintech growth, including expanding fintech access to payment accounts — U.S. President Donald Trump

A CISA contractor maintained a now-offline GitHub repo that exposed credentials to AWS GovCloud accounts and CISA systems; CISA is investigating the situation (Brian Krebs/Krebs on Security)

Brian Krebs / Krebs on Security: A CISA contractor maintained a now-offline GitHub repo that exposed credentials to AWS GovCloud accounts and CISA systems; CISA is investigating the situation — Until

A college senior at Stanford describes how AI changed classes: cheating using AI 'has become omnipresent' with students 'fudging just about everything' (Theo Baker/New York Times)

Theo Baker / New York Times: A college senior at Stanford describes how AI changed classes: cheating using AI “has become omnipresent” with students “fudging just about everything” — At Stanford Unive

A deep dive into Meta's Hyperion data center campus in Louisiana, expected to reach 5 GW of compute capacity; source: Meta plans to spend $200B+ on the project (Riley Griffin/Bloomberg)

Riley Griffin / Bloomberg: A deep dive into Meta's Hyperion data center campus in Louisiana, expected to reach 5 GW of compute capacity; source: Meta plans to spend $200B+ on the project — Dustin Morr

A look at a new class of jobs created by AI companies, including AI storytellers or 'evangelists', forward deployed engineers, AI chiefs, and AI gig workers (Brent D. Griffiths/Business Insider)

Brent D. Griffiths / Business Insider: A look at a new class of jobs created by AI companies, including AI storytellers or “evangelists”, forward deployed engineers, AI chiefs, and AI gig workers — -

After EV maker Fisker's collapse, ~4,000 car owners formed a nonprofit to keep their cars working by reverse-engineering software and building open-source tools (Fred Lambert/Electrek)

Fred Lambert / Electrek: After EV maker Fisker's collapse, ~4,000 car owners formed a nonprofit to keep their cars working by reverse-engineering software and building open-source tools — When Fisker

Akamai is seeking to raise 2.6B in a convertible bond offering, and plans to use 350M of the offering to buy back its common stock from buyers of the bonds (David Morris/Bloomberg)

David Morris / Bloomberg: Akamai is seeking to raise 2.6B in a convertible bond offering, and plans to use 350M of the offering to buy back its common stock from buyers of the bonds — Akamai Technolog

Amazon's Alexa+ now produces AI-generated 'podcasts' on various topics in the US, featuring chats between two AI 'co-hosts', using content from media outlets (Todd Spangler/Variety)

Todd Spangler / Variety: Amazon's Alexa+ now produces AI-generated “podcasts” on various topics in the US, featuring chats between two AI “co-hosts”, using content from media outlets — The podcast sec

An overview of macro tech trends: capex explosion, unprecedented surge in chip demand, supply chain bottlenecks, model commoditization, AI automation, and more (Benedict Evans)

Benedict Evans: An overview of macro tech trends: capex explosion, unprecedented surge in chip demand, supply chain bottlenecks, model commoditization, AI automation, and more — Twice a year, I produc

Anthropic acquires NYC-based Stainless, which generates SDKs from APIs, and plans to wind down its hosted products, after reportedly discussing a $300M+ deal (Kirsten Korosec/TechCrunch)

Kirsten Korosec / TechCrunch: Anthropic acquires NYC-based Stainless, which generates SDKs from APIs, and plans to wind down its hosted products, after reportedly discussing a $300M+ deal — Anthropic