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TikTok launches TikTok GO in the US for users to book hotels, attractions, and experiences directly in the app, partnering with Booking.com, Expedia, and others (Aisha Malik/TechCrunch)
Sources: Google plans to announce a new Gemini model at its I/O conference next week; the model will land roughly in the class of GPT-5.5, but short of Mythos (Alex Heath/Sources)
OpenAI says it would support a global AI governance body that is led by the US and includes China as a member, similar to the International Atomic Energy Agency (Maggie Eastland/Bloomberg)
Microsoft updates Edge with new AI features, including letting Copilot gather information from open tabs and use browsing history for more relevant answers (Emma Roth/The Verge)
ZipRecruiter: IT and CS job postings are up 14.2% YoY in April; entry-level roles fell from 8.1% a year ago to 7.4%, while senior roles grew from 38.8% to 43.1% (Katherine Bindley/Wall Street Journal)
LY Corp launches a bid with Bain Capital to buy Kakaku.com, which operates restaurant review and booking site Tabelog, for $4B, challenging EQT's $3.75B offer (Nikkei Asia)
Musk v. Altman filing: Sam Altman holds $2B+ in stakes in companies that have done business with OpenAI, including a $1.7B stake in fusion startup Helion Energy (Kenrick Cai/Reuters)
Sources: climate watchdog SBTi drops proposed rules that would limit tech companies' claims that gas-fueled data centers are covered by clean energy investments (Kenza Bryan/Financial Times)
Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf (Aisha S Gani/Bloomberg)
Sources: the US cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made (Reuters)
Canadian legaltech company Clio says its ARR has reached $500M, citing demand for its AI tools; Clio had a $5B valuation after a $500M Series G in November 2025 (Marina Temkin/TechCrunch)
Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes (Max A. Cherney/Reuters)
Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source (Wall Street Journal)
Zhaopin: Chinese graduates returning home from abroad rose 12% YoY in 2025, fueling Beijing's plans to take on Silicon Valley; China is offering big incentives (Wall Street Journal)
Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and plans to acquire data centers worth $250M to $1.5B (Subrat Patnaik/Bloomberg)
Paymentology, which provides real-time card and payment processing technology for banks and fintechs, raised $175M co-led by Apis Partners and Aspirity Partners (Tamara Djurickovic/Tech.eu)
Metis TechBio, a biotech company using AI to deliver and formulate drugs, surged as much as 185% in its Hong Kong market debut after raising ~$270M in its IPO (Amber Tong/Bloomberg)
Config, which is building a data layer for robotics foundation models, raised a $27M seed at a $200M+ valuation led by Samsung Venture Investment (Kate Park/TechCrunch)
Analysis: contract prices for NAND chips are up 600%+ since late September 2025, while those for DRAM chips are up ~400%, with analysts expecting further gains (Winnie Hsu/Bloomberg)
China's CSI AI Index, which tracks AI supply chain companies, is up 28%+ YTD, while HK's Hang Seng Tech Index, which includes Alibaba and Tencent, is down 8% (William Sandlund/Financial Times)

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