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Google and Nvidia are helping Apple with Apple Foundation Model Cloud Pro, which Apple says is comparable to Gemini frontier models and runs on Nvidia GPUs (Kif Leswing/CNBC)
Microsoft disabled 70+ of its repos on GitHub, including Azure-related tools like azure-functions-host, after hackers added credential-stealing malware to them (Zack Whittaker/TechCrunch)
Sam Altman and Jakub Pachocki claim OpenAI is "entering the third phase", aiming to automate AI research, boost the economy, and give everyone a personal AGI (OpenAI)
Xiaomi claims MiMo-V2.5-Pro-UltraSpeed tops 1K tokens/second, a first at the 1T-parameter scale, using a standard 8-GPU commodity node; API trial starts June 9 (Jose Antonio Lanz/Decrypt)
The first developer beta of iOS 27 offers the clearest signs yet of Apple's upcoming foldable iPhone, with references to folding hardware and flexible displays (Mark Gurman/Bloomberg)
Apple overhauls the App Store with subscription options for groups, businesses, and schools, retention messaging to reduce churn, bundled IAP reviews, and more (Andrew Orr/AppleInsider)
The US FCC waives its deadline for Amazon to deploy half of its Leo satellites by July; Amazon is still required to launch all 3,232 satellites by July 30, 2029 (Michael Kan/PCMag)
In an interview, Perplexity CEO Aravind Srinivas says that the company is planning its IPO for 2028, regardless of how well the IPOs for Anthropic and OpenAI go (Arjun Kharpal/CNBC)
Internal memo: Intuit is laying off ~17% of its workforce, or ~3,000 employees worldwide, to streamline operations and sharpen its focus on key bets, like AI (Reuters)
Exa, which offers a search engine that is designed for AI agents, raised $250M led by a16z at a $2.2B valuation, up from $700M in September 2025 (Bloomberg)
Apple says the App Store prevented over $2.2B in potentially fraudulent transactions in 2025, rejected over 2M problematic app submissions, and more (Ryan Christoffel/9to5Mac)
Socket, which helps companies safeguard open-source code against hackers, raised $60M led by Thrive Capital at a $1B valuation (Dina Bass/Bloomberg)
Mercury, which provides banking services to startups, raised a $200M Series D led by TCV at a $5.2B valuation, up from $3.5B in March 2025 (Hugh Son/CNBC)
Samsung Electronics and its South Korean labor union reach a preliminary pay deal; the union says it has suspended a general strike and put the deal to a vote (Reuters)
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)
NanoClaw creator NanoCo raised a $12M seed led by Valley Capital and says it is booking enterprise customers; co-founders say they rejected a $20M buyout offer (Julie Bort/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 (Ivan Mehta/TechCrunch)
OpenAI's Chris Lehane says he is pursuing "reverse federalism", lobbying blue states to pass AI safety laws and create a de facto US standard, as DC dithers (Brendan Bordelon/Politico)
An interview with Match Group CEO Spencer Rascoff about plans for Tinder, including a redesign, AI features, live events, and group dating to win over Gen Z (Samantha Kelly/Bloomberg)
Internal memo: Mark Zuckerberg told employees that he does not expect more company-wide layoffs this year (Katie Paul/Reuters)

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