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Nace.AI, which lets companies build specialized AI models tailored to their business' mission and language, raised a $21.5M seed led by Walden Catalyst (Chris Metinko/Axios)
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Coupang reports Q1 revenue up 8% YoY to $8.5B and a net loss of $266M following a 2025 Korean customer data breach, its largest loss since Q4 2021 (The Korea Herald)
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CRM software company Freshworks said it plans to cut 11% of its workforce, or ~500 jobs, as it deals with AI's impact; FRSH has dropped ~26% in 2026 (Anhata Rooprai/Reuters)
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US labor experts and economists warn US unemployment benefits are unlikely to protect against AI job losses, and the GOP-led Congress is doing little to prepare (New York Times)
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Samsung reaches a $1T valuation, making it only the second Asian company after TSMC to hit the mark, after its stock rose 4x+ over the past year on the AI boom (Sangmi Cha/Bloomberg)
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Sources: the WH is mulling EOs to address security risks from advanced AI, including barring companies from "interfering" with the government's use of models (Politico)
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Doc and sources: Google is testing an agent in the Gemini app, internally named Remy, that can integrate with Google services to take actions on a user's behalf (Hugh Langley/Business Insider)
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Astrocade, which lets users create video games using natural language prompts, raised $56M, including a Series A and a Series B, and says it has ~5M MAUs (Allie Garfinkle/Fortune)
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Sources: Meta is building an OpenClaw-inspired agent internally called Hatch, to be powered by its Muse Spark model, and an agentic shopping tool in Instagram (Jyoti Mann/The Information)
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Sources: Alphabet sold its biggest-ever euro-denominated bonds, raising €9B, and its first Canadian dollar notes, raising CA$8.5B, months after raising $20B (Bloomberg)
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Kaspersky says Daemon Tools, a widely used app for mounting disk images, has been backdoored in a monthlong compromise that has pushed malicious updates (Dan Goodin/Ars Technica)
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EA reports Q4 net bookings up 3.6% YoY to $1.86B, vs. $2B est., weighed down by a post-launch drop-off in engagement for Battlefield 6 (Anhata Rooprai/Reuters)
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GlobalFoundries reports Q1 revenue up 3% YoY to $1.63B, in line with est., and forecasts Q2 revenue and adjusted earnings above estimates; GFS closes up 9.28% (Patrick Seitz/Investor's Business Daily)
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Micron closes up 11% after announcing its highest-capacity SSD has started to ship, lifting its market cap past $700B for the first time; Sandisk closes up 12% (Lola Murti/CNBC)
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A US court sentences a Latvian national to 8.5 years for acting as a negotiator for Russia's Karakurt ransomware group (Sergiu Gatlan/BleepingComputer)
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Super Micro reports Q3 revenue up 123% YoY to $10.24B, vs. $12.33B est., forecasts Q4 revenue and adjusted profit above estimates; SMCI jumps 17%+ after hours (Juby Babu/Reuters)
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Match Group reports Q1 revenue up 4% YoY to $864M, vs. $855M est., as Tinder's new user registrations grew for the first time since 2024, up 1% (Samantha Kelly/Bloomberg)
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Source: Anthropic plans to spend about $200B on Google's cloud and chips over five years, representing 40%+ of the "revenue backlog" Google disclosed last week (The Information)
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Apple reaches a $250M settlement in a CA federal court to resolve a false advertising class action lawsuit over the launch of a "personalized" Siri in 2024 (Michael Acton/Financial Times)
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AMD reports Q1 revenue up 38% YoY to $10.25B, vs. $9.89B est., Data Center revenue up 57% to $5.8B, forecasts Q2 revenue above est.; AMD jumps 7%+ after hours (Reuters)
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