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How the Vatican is moving faster than most legacy institutions to shape AI rules and guardrails, with an AI framework, banning use of AI to write homilies, more (Russell Contreras/Axios)
Intel stock closes up 23.6%, its best performance since October 1987, as Intel shows signs of renewed growth amid the AI boom; the stock is up 124% YTD (CNBC)
Sam Altman apologizes to a Canadian town for not alerting police to the activity of a mass shooting suspect when her ChatGPT account was suspended (Wall Street Journal)
Nvidia stock jumps 4.3% to close at a record for the first time since Oct., pushing Nvidia's market cap past $5T, as a rally in Intel pushed chipmakers higher (Jordan Novet/CNBC)
The Wire by Acutus, an AI-generated site with articles attacking AI industry critics, appears to be funded by the OpenAI-backed super PAC Leading The Future (@themidasproj)
Series, founded by two seniors at Yale to build an AI-powered social network on iMessage, raised a $5.1M pre-seed from Reddit CEO Steve Huffman and others (Dominic-Madori Davis/TechCrunch)
Sources: the WH pushed out the head of the Center for AI Standards and Innovation, Collin Burns, a former Anthropic researcher, after just four days on the job (Ian Duncan/Washington Post)
Brazil's Finance Minister Dario Durigan says the country has blocked prediction market platforms and tightened derivatives rules to curb "bet-like" products (Reuters)
Thrive is taking a stake in the San Francisco Giants via a new venture that will invest in franchises and cultural institutions that can't be replicated by AI (Kate Clark/Wall Street Journal)
Diplomatic cable: US State Department has ordered a global push to bring attention to alleged distillation of US models by Chinese labs, including DeepSeek (Raphael Satter/Reuters)
The US CFTC sues New York, accusing the state of invading its authority to regulate prediction markets by filing lawsuits against Coinbase and Gemini (Jonathan Stempel/Reuters)
A US judge dismisses Elon Musk's fraud claims in his lawsuit against OpenAI at his request, and plans to proceed to trial on other claims (Jonathan Stempel/Reuters)
Europe's dependence on US companies in tech and finance is in no small part its own fault after overregulation left European businesses too weak to compete (The Economist)
Instacart co-founder Apoorva Mehta launches Abundance, a hedge fund that aims to have AI agents run the entire fund, with $100M in seed funding (Hema Parmar/Bloomberg)
Lawmakers and lobbyists say the Trump administration has lobbied against legislation that would regulate AI in at least six Republican-led states (Amrith Ramkumar/Wall Street Journal)
Anthropic details Project Deal, a marketplace experiment where Claude models bought, sold, and negotiated personal belongings on behalf of Anthropic employees (Anthropic)
SpaceX's S-1 excerpts list "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, with the size of the expenditure TBD (Reuters)
Sensor Tower: India's mobile app IAP revenue crossed $300M in Q1, up 33% YoY, with non-gaming apps generating $200M+, much of it captured by global platforms (Jagmeet Singh/TechCrunch)
TSMC SVP Kevin Zhang says the company plans to open an advanced chip packaging plant in Arizona by 2029 and that construction has begun (Reuters)
Tencent releases Hy3-preview, its first AI model developed under former OpenAI researcher Yao Shunyu; the model features 295B parameters, down from HY2's 400B (Vincent Chow/South China Morning Post)

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