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Microsoft introduces MAI-Cyber-1-Flash, an AI model trained for cybersecurity, and launches Perception, an agentic security system to patch vulnerabilities (New York Times)
Sources: Nvidia has committed to invest $5B in Ilya Sutskever's SSI; the startup has previously raised about $3B in funding and was valued at $32B last year (Shirin Ghaffary/Bloomberg)
Microsoft says MAI-Cyber-1-Flash and MDASH, its vulnerability identification harness, deliver "world-class performance at 50% of the cost of leading models" (Microsoft AI)
Xbox says it is working to resolve a "major outage" affecting its Account & Profile, Store & Subscriptions, and Apps & Mobile services (Chris Scullion/Video Games Chronicle)
The US National Vulnerabilities Database recorded 45,207 software security flaws so far in 2026, on pace to roughly double the tally of flaws recorded in 2025 (Patrick Howell O'Neill/Bloomberg)
Sources: Apple may have delayed AI glasses launch partly over privacy concerns that Meta's glasses created for the category, as it works to address the issues (Mark Gurman/Bloomberg)
Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly due to US' "de minimis" rule removal (Reuters)
Once hailed as an AI visionary, Satya Nadella faces pressure as a compute crunch forces Microsoft to prioritize its own AI products over Azure cloud customers (Ashley Stewart/Business Insider)
India eases foreign investment rules for e-commerce companies, a win for Amazon, which lobbied to buy goods directly from Indian sellers and sell them overseas (Aditya Kalra/Reuters)
How AI companies are targeting the education market, including making free or cut-price tailored learning tools in partnership with schools and edtech startups (Jamie John/Financial Times)
Sources: Nvidia is in talks to provide a ~$250B backstop for OpenAI as part of a 10 GW data center project that SoftBank is developing in Ohio (Wall Street Journal)
Dealroom: defense giants such as Lockheed Martin have participated in a record $4.1B worth of VC rounds YTD, as drones and autonomous systems transform warfare (Financial Times)
How US companies flipped from "tokenmaxxing" to "thrift-maxxing", mixing cheaper Chinese models with OpenAI and Anthropic, threatening the labs' IPO valuations (Wall Street Journal)
CXMT shares jumped as much as 470% in its Shanghai debut, giving the memory chipmaker a ~$487B market cap, making it the most valuable China-listed company (Jenny Lee/CNBC)
US tech giants have shifted their stance to publicly backing open AI models, with Anthropic and Amazon remaining notable holdouts alongside the US government (M.G. Siegler/Spyglass)
A detailed recap of the Hugging Face breach by an internal OpenAI model, which repeatedly tried to escape OpenAI's sandbox and should be treated as critical (Zvi Mowshowitz/Don't Worry About the Vase)
As open-weight models become the next AI ecosystem's foundation, a US ban on Chinese models would risk ceding the neutral substrate where innovation compounds (Tobi Knaup)
A look at China's bid to build an alternative global order in AI by making open models widely available and training people in developing countries to use them (Financial Times)
Elio, which is developing a new type of image sensor designed for AI rather than human vision, raised a $21M Series A led by Innovation Endeavors and Xora (Meir Orbach/CTech)
CXMT, which raised $9.8B in a hugely oversubscribed Shanghai IPO, is poised for a debut pop that could lift its market cap several times above its initial ~$85B (Bloomberg)

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