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Sources: Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, laying off ~10% of its global workforce, or ~8,000 employees (Reuters)
Kevin Weil, OpenAI's former CPO who became VP of OpenAI for Science, is leaving the company; Prism, a web app for scientists launched in Jan., will be shuttered (Maxwell Zeff/Wired)
Cerebras files to go public on Nasdaq and reports $510M in 2025 revenue, up 76% YoY, with a net income of $87.9M, up from a $485M net loss in 2024 (Jordan Novet/CNBC)
Bill Peebles, the researcher behind Sora, is leaving OpenAI, along with Srinivas Narayanan, OpenAI's CTO of enterprise applications (Rebecca Bellan/TechCrunch)
A deep dive into Dwarkesh Patel's interview with Jensen Huang, including Huang's takes on Nvidia's moat and chip sales to China, and reactions to the interview (Zvi Mowshowitz/Don't Worry About the Vase)
The US DOJ says a judge sentenced two US citizens to a combined 16 years in prison for running laptop farms that let North Korean IT workers pose as US workers (Jowi Morales/Tom's Hardware)
Drift Protocol secures $147.5M in funding, including $127.5M from Tether, to replace Circle stablecoin with USDT after a $270M exploit linked to North Korea (Will Canny/CoinDesk)
Google's 2025 Ads Safety Report: Google blocked a record 8.3B ads, up 63% YoY, but suspended 36% fewer advertisers, attributing the disparity to its use of AI (Jagmeet Singh/TechCrunch)
OpenAI updates its Codex desktop app with features like computer control, an in-app browser, image generation, automation memory, plugin support, and more (David Gewirtz/ZDNET)
The UK unveils Sovereign AI, a £500M fund to invest in domestic AI startups, starting with Callosum, which builds software to help different chips work together (Joel Khalili/Wired)
DeepL, best known for its text translation tools, launches DeepL Voice-to-Voice, which enables real-time spoken translation, with add-ons for services like Zoom (Ivan Mehta/TechCrunch)
Memo: the White House notified Cabinet departments that OMB is setting up protections that would allow their agencies to begin using Anthropic's Mythos model (Bloomberg)
OpenAI's global policy chief, Chris Lehane, calls out AI "doomers" and says "when you put some of those thoughts and ideas out there, they do have consequences" (Caroline O'Donovan/The San Francisco ...)
OpenAI launches GPT-Rosalind, an AI model for life sciences research, including drug discovery, as a research preview for customers such as Moderna and Amgen (Megan Morrone/Axios)
AI labs are buying Slack, Jira, and email archives from defunct startups to build "reinforcement learning gyms" and train AI agents in simulated workplaces (Anna Tong/Forbes)
Sources: Upscale AI, which builds AI networking infrastructure, is in talks to raise $180M to $200M at a $2B valuation, its third funding round in seven months (Bloomberg)
Netflix chairman and co-founder Reed Hastings will step down from the company's board after his term expires in June to focus on philanthropy and other pursuits (Isabella Simonetti/Wall Street Journal)
Netflix reports Q1 revenue up 16% YoY to $12.3B, vs. $12.2B est., net income of $5.28B, and forecasts Q2 EPS below estimates; NFLX drops 8%+ after hours (Lucas Shaw/Bloomberg)
Google updates AI Mode in Chrome, letting users open links side by side with AI Mode on desktop; users can search across multiple tabs on desktop and mobile (Aisha Malik/TechCrunch)
Netflix says its 2026 ad revenue remains on track to reach $3B, doubling from 2025, and it now works with over 4,000 advertising clients, up 70% YoY (Bill Bradley/Adweek)

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