Techmeme

Samantha Subin / CNBC : CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, vs. $1.36B est., and forecasts Q2 revenue of about $1.44B, vs. $1.43B est.; CRWD drops 9%+ after hours —  CrowdStrike narrowly beat Wall Street's fiscal first-quarter estimates after the bell on Wednesday, but shares slid 10% following the report.

Reuters : Broadcom reports Q2 revenue up 48% YoY to $22.19B, vs. $22.27B est., and forecasts Q3 semiconductor revenue from AI below estimates; AVGO drops 12%+ after hours —  Broadcom (AVGO.O) missed Wall Street expectations for second-quarter revenue on Wednesday, as increased competition …

Bailey Lipschultz / Bloomberg : Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at ~$1.77T —  SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk's rocket, satellite and artificial intelligence …

Greg Miller / Washington Post : The US and other Five Eyes nations warn that China is flooding online job platforms with fake profiles and offers targeting government and military personnel —  Nations in the Five Eyes intelligence partnership warned that fake profiles and job offers are targeting military officers, spies …

Bloomberg : In a report, UK lawmakers call on the government to end a £330M NHS deal with Palantir and disclose more details of a military contract with the company —  British members of parliament are calling on the government to end a major deal with Palantir Technologies Inc. and disclose …

The Hacker News : Security firm Calif says it used OpenAI's Codex to discover HTTP/2 Bomb, a remote DoS exploit affecting web servers like Nginx, Apache HTTPD, and Microsoft IIS —  Cybersecurity researchers have discovered a remote denial-of-service exploit that affects major web servers, including NGINX …

Brendan Bordelon / Politico : OpenAI diverges from Trump's AI EO in a new policy paper, proposing cyber risk evaluations for advanced AI systems be mandatory and led by CAISI, not the NSA —  OpenAI's new proposal comes as its CEO Sam Altman descends on Washington for a series of Wednesday meetings with White House officials …

Cory Weinberg / The Information : Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward covering tax obligations tied to employee equity awards, amid the AI talent war —  Alphabet's plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure and compute, is surprising enough …

Lorenzo Franceschi-Bicchierai / TechCrunch : Meta is alerting Instagram users whose accounts were taken over using Meta AI chatbot; some hackers claim to still be able to exploit Meta AI chatbot —  The widespread hacking campaign that relied on simply asking Meta AI's chatbot to take over a victim's Instagram account appears …

Amy Feldman / Forbes : Collate, whose AI tools automate paperwork for life sciences companies, raised $95M led by Redpoint at a ~$1B valuation, bringing its total funding to $125M —  In this week's edition of InnovationRx, we look at cancer breakthroughs from the ASCO conference, Clear's move into healthcare, Harrison.ai's U.S. expansion, and more.

Gavin Finch / Reuters : The US sanctions Nobitex, Iran's largest crypto exchange, accusing it of helping Iran's government and blacklisted state institutions evade Western sanctions —  The United States announced sanctions on Iran's biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian government …

Samantha Subin / CNBC : Palo Alto Networks reports Q3 revenue up 31% YoY to $3B, including $388M from CyberArk and Chronosphere, vs. $2.94B est., and forecasts Q4 revenue above est. —  - Palo Alto Networks topped Wall Street's third-quarter estimates, citing AI advancements

Aisha Malik / TechCrunch : Meta is testing a Series feature, letting select creators make episodic Reels that are placed in a dedicated hub on their profile, using both old and new Reels —  Meta is testing a new “Series” feature for Reels that's designed to make it easier to keep up with serialized content on Instagram and Facebook, the company told TechCrunch.

Gowri Gurumurthy / Bloomberg : Source: a CoreWeave-tied data center raised $900M via five-year junk bonds, priced at par to yield 7.5%, as the sector increasingly turns to high-yield bonds —  A data center tied to CoreWeave Inc. raised $900 million from a high-yield note offering, joining a wave of junk issuers tapping debt markets …

Sawdah Bhaimiya / CNBC : Marvell shares closed up 32.52% on Tuesday after Jensen Huang hailed the chipmaker as the “next trillion-dollar company” at Computex —  Nvidia's CEO Jensen Huang hailed Marvell Technology as the next trillion-dollar firm, sending its shares up 32% on Tuesday.

Ram Iyer / TechCrunch : Microsoft releases ASSERT, an open-source framework that lets developers generate and run AI behavior tests using natural-language descriptions —  AI researchers and labs have advanced by leaps and bounds in evaluating AI models for everything from safety and compliance to sycophancy and alignment.

Jyoti Mann / The Information : Internal memo: Meta is scaling back elements of its employee tracking tool, launched in April to help train its AI models, after staff raised concerns —  Meta Platforms is scaling back elements of its employee tracking tool after staff raised concerns about the tool, according to an internal memo reviewed by The Information.

Clare Duffy / CNN : Microsoft and Mayo Clinic partner for an AI model trained on Mayo's medical data, with plans to build an AI healthcare assistant and AI tools for clinicians —  People have been seeking out health information online since the dawn of the internet.  And now, tens of millions of people …

Reed Albergotti / Semafor : An interview with Microsoft AI CEO Mustafa Suleyman about its models catching up to the state of the art from months ago, refusing to distill models, and more —  THE SCENE  —  Not long ago, Microsoft leapt ahead of competitors by funding OpenAI when it was a fledgling research lab.

Jay Peters / The Verge : Microsoft debuts MAI-Thinking-1, its first advanced reasoning AI model, trained “from the ground up on clean data, without distillation from third-party models” —  MAI-Thinking-1 is one of seven new models announced at Build 2026. … Microsoft announced a bunch of new in-house AI models …