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Techmeme

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Analog Devices agrees to buy Empower Semiconductor, which makes chips used to regulate voltage, for $1.5B in cash (Katherine Hamilton/Wall Street Journal)
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)
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)
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)
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)
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)
Google debuts Gemini for Science, a set of experimental tools that help researchers generate hypotheses, conduct testing, and understand scientific literature (Jackson Chen/Engadget)
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)
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)
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)
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)
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)
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)
Sources: AI chip designer Tenstorrent has drawn early takeover interest from Intel and Qualcomm; Tenstorrent could be valued at $5B+ in a potential deal (Bloomberg)
Internal memo: Meta is reassigning 7,000 workers to four new units focused on building AI tools, as it prepares to lay off 10% of its workforce on May 20 (Eli Tan/New York Times)
In a town hall, PlayStation studio business CEO Hermen Hulst told staff that the company's narrative single-player games will now be PlayStation exclusive (Jason Schreier/@jasonschreier.bsky.social)
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)
Procurement records: the FBI seeks a vendor that can provide access to automated license plate readers nationwide; Flock and Motorola are among the few options (Joseph Cox/404 Media)
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)
Blackstone announces a JV with Google to create a US company that will offer customers access to Google's TPUs, and makes a $5B initial equity commitment (Wall Street Journal)

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