Author: precious

Nvidia pulled in $81.6 billion in revenue for the quarter ending April 2026, up 85% from a year ago and beating analyst expectations. For the second quarter, the company forecasts $91 billion, a figure that does not include any chip sales to China. But the headline figures were not the most significant thing CEO Jensen Huang said on the earnings call. The more consequential announcement was a processor that Nvidia is aiming at a market it has never competed in. The Vera CPU and Why It Matters During the earnings call, Huang described Vera as the “world’s first CPU, purpose-built…

Google used its I/O 2026 developer conference to announce a major shift from AI chatbots to agentic AI systems, which are tools that can act on a user’s behalf across apps, devices, and the web. At the center of that shift was Gemini 3.5 Flash, a new model that Google described as the first in its latest family combining frontier intelligence with action. Google is calling this the “agentic Gemini era,” and every product announcement at the I/O 2026 event was built around that framing. A Flash Model That Now Outperforms a Pro Gemini 3.5 Flash outscores Gemini 3.1 Pro…

Moonshot AI, the Beijing-based lab behind the Kimi series of open-weight large language models, has raised roughly $2 billion at a valuation of $20 billion. The round was led by Long-Z Investments, the venture capital arm of Chinese food delivery giant Meituan, with additional participation from Tsinghua Capital, China Mobile, and CPE Yuanfeng. The raise is the largest single funding event in China’s large language model sector, making Moonshot the best-funded AI lab in the country. The company has now raised $3.9 billion over the past six months. For context on how fast things have moved, Moonshot was valued at…

Trellix, a global cybersecurity company formed from the 2021 merger of McAfee Enterprise and FireEye, has confirmed that attackers gained unauthorized access to a portion of its source code repository. The disclosure was made publicly on May 2, 2026, after the company identified the intrusion and engaged leading forensic experts to investigate. Law enforcement has also been notified. For a company whose entire business is built on keeping others secure, having its own source code stolen is the kind of incident that demands more than a short statement. What Trellix Has Confirmed Trellix’s official statement reads: “Trellix recently identified unauthorized…

OpenAI recently launched a new standalone business unit, backed by more than $4 billion in initial investment and built entirely around one goal – getting its AI systems working inside the daily operations of large businesses. The company is called the OpenAI Deployment Company, majority-owned and controlled by OpenAI, and formed as a partnership with 19 global investment firms, consultancies, and system integrators. It represents the clearest sign yet that the competitive edge in AI is no longer just about building the best model. What DeployCo Will Do The new company will focus on deploying specialists called Forward Deployed Engineers…

Meta is developing a new AI agent internally codenamed Hatch, a system built to carry out tasks across its Facebook and Instagram apps with little to no step-by-step instruction from users. According to a report by The Information, the project has reached an advanced stage of development, and Meta is aiming to complete internal testing by the end of June 2026. A separate but related AI shopping tool for Instagram is also planned for a full rollout in the fourth quarter of this year. What Hatch Is Built to Do Hatch is being designed as a consumer-facing autonomous agent, meaning…

Google has said a cybercrime group used artificial intelligence (AI) to build a hacking tool capable of bypassing defenses in a widely used system administration platform. On May 11, 2026, Google’s Threat Intelligence Group (GTIG) published the first documented proof that a criminal group used AI to develop a zero-day exploit, targeting an open-source web administration tool. GTIG said it had uncovered and likely thwarted the attackers’ plan for what it called a “mass vulnerability exploitation operation.” What the Exploit Did The zero-day vulnerability was implemented in a Python script that enabled the user to bypass two-factor authentication on an…

A cyberattack on Canvas, the world’s most widely used learning management system, has exposed data belonging to roughly 275 million students, teachers, and staff across nearly 9,000 educational institutions worldwide. The breach, carried out by the criminal extortion group ShinyHunters, is now considered the largest education-sector security incident ever recorded. The hack affected an estimated 9,000 universities, education ministries, and other institutions worldwide, with particularly significant implications in the United States, where Canvas is used by 41% of higher education institutions as well as some K-12 schools. The disruption hit at the worst possible time, as it occurred during the…

Amazon has agreed to invest up to $25 billion in Anthropic, on top of the $8 billion it has already poured into the AI startup, as part of an expanded deal for Anthropic to secure up to 5 gigawatts (GW) of capacity for training and deploying Claude. In exchange, Anthropic committed to spending more than $100 billion on AWS technologies over the next ten years. The numbers are large enough to command attention, and what they reveal about the current state of the AI race is worth understanding. What the Deal Actually Involves Amazon is making an immediate investment of…

The seven-year alliance that gave Microsoft a lock on all of OpenAI’s technology has officially been cracked open. On April 27, 2026, OpenAI and Microsoft announced a revised partnership that ends the exclusivity arrangement that has existed at the core of their relationship since 2019, freeing OpenAI to serve all of its products to customers on any cloud provider, including Amazon Web Services (AWS) and Google Cloud. Why the Deal Changed The ChatGPT-maker says its growing commercial ambitions had been running into a structural ceiling, according to an internal memo seen by CNBC. As enterprise demand scaled, the Azure-only model…