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06 May 2026

IREN Acquires Mirantis for $625M to Strengthen AI Cloud Infrastructure Management

AI data center operator IREN announced plans to acquire cloud infrastructure specialist Mirantis in a $625 million all-stock transaction. The deal combines IREN's massive GPU capacity with Mirantis' Kubernetes-based management tools, aiming to streamline AI workload deployment. But industry observers question whether neoclouds can succeed where others have failed.

3 Sources

05 May 2026

Apple agrees to pay $250 million settlement over delayed Siri AI features on iPhone 15 and 16

Apple has agreed to pay $250 million to settle a class-action lawsuit alleging the company misled customers about Apple Intelligence capabilities. The lawsuit claims Apple's marketing created expectations that advanced Siri AI features would be available at launch, but those features remain delayed. Eligible iPhone 15 Pro and iPhone 16 owners could receive up to $95 per device.

42 Sources

Astera Labs unveils Scorpio X switch to tackle AI compute cluster networking bottlenecks

Astera Labs introduced Scorpio X, a vendor-agnostic AI fabric switch featuring 320 lanes of PCIe 6.0 connectivity and 5.12 TB/s bandwidth. The chip aims to solve networking bottlenecks in massive AI compute clusters by enabling GPUs to access distributed resources like local memory. Production is expected in the second half of 2026.

2 Sources

Xbox Cancels Copilot AI Features as New Leadership Shifts Strategy Toward Developer Tools

Microsoft is discontinuing Copilot AI features across Xbox mobile app and consoles under new CEO Asha Sharma. The decision marks a strategic pivot away from AI chatbots toward backend improvements like graphics upscaling and developer tools, as Sharma brings in CoreAI executives to overhaul Xbox leadership and address declining gaming revenue.

22 Sources

AMD posts record Q1 results as data center revenue surges 57% on exploding AI chip demand

AMD delivered record first-quarter results with $10.25 billion in revenue, driven by a 57% surge in data center sales to $5.8 billion. The company now forecasts the server CPU market will reach $120 billion by 2030, more than doubling its previous estimate, as agentic AI shifts compute requirements. CEO Lisa Su predicts CPUs may soon match GPUs in importance for AI workloads.

14 Sources

Thomson Reuters beats revenue forecasts as fiduciary-grade AI demand surges among professionals

Thomson Reuters reported first-quarter revenue of $2.09 billion, a 10% increase that exceeded Wall Street expectations. The company reaffirmed its 2026 financial forecasts as demand for its fiduciary-grade AI products grows among legal, tax, and accounting professionals. CEO Steve Hasker emphasized that professional clients are choosing AI-integrated tools built on authoritative content over frontier AI models, with AI-based solutions now representing 30% of contract value.

2 Sources

Shopify AI Search Delivers New Customers Twice as Fast as Traditional Organic Search

Shopify president Harley Finkelstein revealed that AI search is transforming e-commerce, with AI-driven traffic to stores jumping 8x year-over-year and orders from AI-powered search spiking nearly 13x. New buyer orders from AI searches now arrive at nearly twice the rate of traditional organic search, helping merchants discover customers they might otherwise miss.

2 Sources

Man accused of firebombing Sam Altman's home pleads not guilty amid rising anti-AI violence

Daniel Alejandro Morena-Gama, 20, pleaded not guilty to attempted murder and arson charges after allegedly throwing a Molotov cocktail at OpenAI CEO Sam Altman's San Francisco home. The attack on Sam Altman's home, followed by threats at OpenAI headquarters, reflects a growing backlash against artificial intelligence that has escalated from protests to physical violence. The case has raised urgent questions about AI safety and the security of tech leaders.

2 Sources

Google Home gets Gemini 3.1 upgrade with smarter voice assistant and redesigned camera controls

Google rolled out a major AI update for Google Home, upgrading to Gemini 3.1 for improved voice assistance and introducing a revamped camera interface. The update brings advanced reasoning capabilities for complex multi-step commands, faster video navigation, and expanded automation controls across security, appliances, and lighting systems.

4 Sources

Apple Intelligence opens iOS 27 to third-party AI models, letting users choose their preferred system

Apple is shifting its AI strategy with iOS 27, allowing users to choose third-party AI models to power Apple Intelligence features. The Extensions feature will let users select from Google, Anthropic, and other providers to run Siri, Writing Tools, and Image Playground, marking a departure from Apple's traditional closed ecosystem approach.

17 Sources

OpenAI launches GPT-5.5 Instant as ChatGPT's new default model, cutting hallucinations by 52.5%

OpenAI rolled out GPT-5.5 Instant as ChatGPT's new default model, claiming it reduces hallucinations by 52.5% on high-stakes prompts in medicine, law, and finance. The update delivers shorter, clearer responses while introducing a memory sources feature that shows users exactly what context informed their answers. Enhanced personalization pulls from past chats and connected services.

12 Sources

AI Errors in Murder Case Lead to Discipline for Georgia Prosecutor Over Fake Citations

The Georgia Supreme Court sanctioned assistant district attorney Deborah Leslie for misusing artificial intelligence tools that generated fake legal citations in a murder case. Leslie faces a six-month suspension and must complete additional legal education on ethics and AI use. The court vacated a ruling in the Hannah Payne murder case and ordered a retrial assessment after discovering numerous fictitious citations were adopted into a court opinion.

4 Sources

CopilotKit Raises $27M as Tech Giants Adopt Its Protocol for App-Native AI Agents

Seattle-based CopilotKit has raised $27 million in Series A funding for its AG-UI protocol that enables AI agents to work inside applications with dynamic interfaces. Major tech companies including Google, Microsoft, Amazon, and Oracle have adopted the open-source standard, which now sees millions of installs weekly and is used by over half of Fortune 500 companies.

2 Sources

Apple Manufacturing Academy hosts major AI showcase with hundreds of U.S. manufacturers

Apple and Michigan State University held the inaugural Spring Forum for the Apple Manufacturing Academy, bringing together hundreds of U.S. manufacturers to demonstrate practical AI implementation in production environments. The two-day event featured industry leaders from McKinsey, Magna, and Medtronic, with Block Imaging showcasing real-world results from the program's training on factory floors.

2 Sources

Cybercriminals complain about AI slop flooding their forums as study reveals limited impact

A new study analyzing 97,895 conversations on cybercrime forums reveals an unexpected trend: cybercriminals are frustrated with AI-generated content flooding their communities. Researchers from the University of Edinburgh and University of Cambridge found that while AI adoption was hyped, it's mostly used for low-skill activities like SEO spam and romance scams rather than sophisticated hacking.

4 Sources

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