Sony reports Q1 revenue up 2.2% YoY to $17.8B, net profit up 23% YoY to ~$1.8B, PS5 sales at 2.5M, up from 2.4M in Q1 2024, and expects a lower FY tariff impact (Kosaku Narioka/Wall Street Journal)

Kosaku Narioka / Wall Street Journal:
Sony reports Q1 revenue up 2.2% YoY to $17.8B, net profit up 23% YoY to ~$1.8B, PS5 sales at 2.5M, up from 2.4M in Q1 2024, and expects a lower FY tariff impact  —  The company expects uncertainty over the economy to increase due to U.S. tariffs  —  Sony Group reported higher quarterly net profit …

Amazon plans to make OpenAI's new gpt-oss open-weight models available on Bedrock and SageMaker, the first time it has offered OpenAI's models to customers (Bloomberg)

Bloomberg:
Amazon plans to make OpenAI's new gpt-oss open-weight models available on Bedrock and SageMaker, the first time it has offered OpenAI's models to customers  —  Takeaways by Bloomberg AI  —  Hide … Tell us how AI is shaping your news experience.  Share your feedback

Israeli quantum computing startup QuamCore raised a $26M Series A led by Sentinel, taking its total funding to $35M, and plans to move into chip fabrication (Globes)

Globes:
Israeli quantum computing startup QuamCore raised a $26M Series A led by Sentinel, taking its total funding to $35M, and plans to move into chip fabrication  —  The company has developed a fully designed and simulated architecture capable of scaling to 1 million qubits in a single cryostat.

Filings: SoftBank increased its Nvidia stake to ~$3B in Q1 and bought $330M worth of TSMC stock; a source says Vision Fund monetized ~$2B of assets in H1 2025 (Min Jeong Lee/Bloomberg)

Min Jeong Lee / Bloomberg:
Filings: SoftBank increased its Nvidia stake to ~$3B in Q1 and bought $330M worth of TSMC stock; a source says Vision Fund monetized ~$2B of assets in H1 2025  —  Takeaways by Bloomberg AI  —  Hide … Tell us how AI is shaping your news experience.  Share your feedback

How 20-something CEOs like Cognition AI's Scott Wu, Cursor's Michael Truell, Cluely's Roy Lee, and Scale AI's Alexandr Wang are swarming San Francisco's AI boom (Natallie Rocha/New York Times)

Natallie Rocha / New York Times:
How 20-something CEOs like Cognition AI's Scott Wu, Cursor's Michael Truell, Cluely's Roy Lee, and Scale AI's Alexandr Wang are swarming San Francisco's AI boom  —  Some dropped out of M.I.T., Georgetown and Stanford.  Others decided not to go to college.  They all say they could not afford …

Google, OpenAI, Meta, and VCs are increasingly embracing the US military industrial complex, a major Silicon Valley cultural shift supported by President Trump (Sheera Frenkel/New York Times)

Sheera Frenkel / New York Times:
Google, OpenAI, Meta, and VCs are increasingly embracing the US military industrial complex, a major Silicon Valley cultural shift supported by President Trump  —  In a major shift, Google, OpenAI, Meta and venture capitalists — many of whom had once forsworn involvement in war — have embraced the military industrial complex.

SAP plans to acquire HR software company SmartRecruiters, with the deal expected to close in Q4; SmartRecruiters was valued at $1.5B in a 2021 funding round (Christina Kyriasoglou/Bloomberg)

Christina Kyriasoglou / Bloomberg:
SAP plans to acquire HR software company SmartRecruiters, with the deal expected to close in Q4; SmartRecruiters was valued at $1.5B in a 2021 funding round  —  SAP SE, Europe's most valuable company, will buy San Francisco-based human resources software specialist SmartRecruiters.

Darktrace says it plans to invest $200M in the US in 2026, up 11% YoY, as part of a push to surpass $1B in revenue and grow its US sales to 50% of its revenue (Kieran Smith/Financial Times)

Kieran Smith / Financial Times:
Darktrace says it plans to invest $200M in the US in 2026, up 11% YoY, as part of a push to surpass $1B in revenue and grow its US sales to 50% of its revenue  —  UK-based cyber security group steps up investment plans following takeover by US private equity firm Thoma Bravo

A profile of Rumble founder Chris Pavlovski, who declined an offer to become CEO of Truth Social and opted to provide services to the platform through Rumble (Emily Baker-White/Forbes)

Emily Baker-White / Forbes:
A profile of Rumble founder Chris Pavlovski, who declined an offer to become CEO of Truth Social and opted to provide services to the platform through Rumble  —  Before he helped run Truth Social, Chris Pavlovski owned porn domains.  Now, he's allied with a political movement that wants to ban pornography.

How VCs are changing the way people learn about the tech industry, through a sprawling media ecosystem consisting of podcasts, newsletters, and streaming shows (Anne VanderMey/Bloomberg)

Anne VanderMey / Bloomberg:
How VCs are changing the way people learn about the tech industry, through a sprawling media ecosystem consisting of podcasts, newsletters, and streaming shows  —  Podcasts hosted by venture capitalists set the narrative in tech, changing the way that insiders—and everyone else—learn about the world of startups.

Anthropic says OpenAI staff used Claude Code ahead of GPT-5 launch and it will continue providing API access to OpenAI for benchmarking and safety evaluations (Mayank Parmar/BleepingComputer)

Mayank Parmar / BleepingComputer:
Anthropic says OpenAI staff used Claude Code ahead of GPT-5 launch and it will continue providing API access to OpenAI for benchmarking and safety evaluations  —  Anthropic says it has revoked OpenAI's access to the Claude API after ChatGPT's engineers were found using Claude's coding tools.

China's World AI Conference struck a stark contrast to Trump's America-first, regulation-light vision, focusing instead on global cooperation for AI safety (Wired)

Wired:
China's World AI Conference struck a stark contrast to Trump's America-first, regulation-light vision, focusing instead on global cooperation for AI safety  —  Behind closed doors, Chinese researchers are laying the groundwork for a new global AI agenda—without input from the US.

SentinelOne researchers detail over 10 offensive cybersecurity patents filed by Shanghai Firetech, a company allegedly involved in Beijing's Silk Typhoon hacks (Jonathan Greig/The Record)

Jonathan Greig / The Record:
SentinelOne researchers detail over 10 offensive cybersecurity patents filed by Shanghai Firetech, a company allegedly involved in Beijing's Silk Typhoon hacks  —  Researchers have discovered more than 10 patents for powerful offensive cybersecurity technologies filed by a prominent Chinese …

Google rolls out Gemini 2.5 Deep Think, its most advanced reasoning model, which can consider multiple ideas simultaneously, to $250-per-month Ultra subscribers (Maxwell Zeff/TechCrunch)

Maxwell Zeff / TechCrunch:
Google rolls out Gemini 2.5 Deep Think, its most advanced reasoning model, which can consider multiple ideas simultaneously, to $250-per-month Ultra subscribers  —  Google DeepMind is rolling out Gemini 2.5 Deep Think, which, the company says, is its most advanced AI reasoning model …

Nintendo Q1: revenue up 132% YoY to ~$3.8B, operating profit up 4.4% to ~$378M; it sold 5.82M Switch 2 units in the first month, more than double the original (Ryan Browne/CNBC)

Ryan Browne / CNBC:
Nintendo Q1: revenue up 132% YoY to ~$3.8B, operating profit up 4.4% to ~$378M; it sold 5.82M Switch 2 units in the first month, more than double the original  —  Nintendo more than doubled revenue in its fiscal first quarter, as the company logged bumper sales of its Switch 2 console in the first month of release.