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Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturing costs by mid-2026, up from 20% now (Nikkei Asia)
A profile of OpenTable CEO Debby Soo, who shifted its focus from diners to restaurants; it now seats ~2B diners a year across 65K restaurants, an all-time high (Brent Crane/Bloomberg)
White House says a meeting between Chief of Staff Susie Wiles and Dario Amodei had been "productive and constructive"; source: Scott Bessent joined the meeting (Axios)
Sources: Recursive Superintelligence, a four-month-old start-up developing self-teaching AI and founded by ex-DeepMind and OpenAI engineers, has raised $500M+ (Financial Times)
What some leaders think of using universal income to mitigate AI-fueled layoffs: Musk calls it the "best way", OpenAI's policy doc mentions a Public Wealth Fund (Siladitya Ray/Forbes)
Sources suggest Anthropic is holding off from a wider Mythos release until it can reliably serve it to customers; Anthropic has suffered outages in recent weeks (Financial Times)
The EC awards a six-year, €180M sovereign cloud contract to four European providers as part of a push to reduce the EU's dependence on non-European tech (Leo Marchandon/Reuters)
Some Mac Mini and Mac Studio models are unavailable or facing up to 12-week wait times in the US, with analysts citing strong demand from AI agent power users (Nicole Nguyen/Wall Street Journal)
Chinese lidar maker Hesai, a primary supplier for Nvidia's ADAS, announces EXT lidar, calling it the industry's first to integrate spatial and color detection (Reuters)
Autonomous vehicle startups raised a record $21.4B across 34 deals through April 15, up from $5.9B raised across 99 investments globally in all of 2025 (Mary Ann Azevedo/Crunchbase News)
Anthropic launches Claude Design, a new experimental product that lets users create visuals like prototypes, slides, one-pagers, and more using Claude (Aisha Malik/TechCrunch)
Sources: xAI plans to let Cursor train Composer 2.5 AI coding model using tens of thousands of xAI's GPUs, a new strategy for xAI in a competitive AI landscape (Grace Kay/Business Insider)
China's smartphone shipments declined 4% YoY in Q1 amid memory shortages; Huawei's shipments grew 2% YoY for a 20% market share, iPhone grew 20% for a 19% share (Ivan Lam/Counterpoint Research)
Netflix plans to launch a vertical video feed, to help with content discovery, this month, and plans to use AI for content creation and recommendations (Ivan Mehta/TechCrunch)
Ad buyers say ad rates for ChatGPT are falling from $60 CPM to as low as $25 and the minimum spend to advertise is down to $50K from $250K at launch (Krystal Scanlon/Digiday)
World expands its Tinder partnership and partners with Zoom and others to verify human users, as it continues its pivot from crypto to identity verification (Maxwell Zeff/Wired)
A profile of wealth manager Iconiq, which, sources say, has $100B AUM, with $26B specifically for VC investing; Iconiq invested $3B into AI startups in 2025 (Natasha Mascarenhas/Bloomberg)
Sources: Cursor is in advanced talks to raise about $2B co-led by a16z at a pre-money valuation of more than $50B, with Nvidia participating (Bloomberg)
In disclosures due to Broadcom CEO Hock Tan's presence on the Meta board, Meta says it paid Broadcom $2.3B in 2025; Tan is leaving the board (Martin Peers/The Information)
Figma stock closed down 6.84% on Friday after Anthropic launched Claude Design, a dedicated app powered by its latest model Claude Opus 4.7 (Jon Keegan/Sherwood News)

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