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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)
Internal memo: Xbox hires game industry analyst Matthew Ball as chief strategy officer, and names Scott Van Vliet, who led Azure AI infrastructure, as Xbox CTO (Tom Warren/The Verge)
Ubisoft reports a record operating loss of $1.40B for the year to March and says sales in 2026-27 would fall by about 8% to 9%; UBI falls 6%+ (Reuters)
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)
OpenAI introduces Guaranteed Capacity, a new offering that lets customers guarantee access to OpenAI's compute through one- to three-year commitments (OpenAI)
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)
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)

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