Tech

Surging AI demand has caused shortages and price increases across the entire optical supply chain, from lasers and substrates to optical fibers and connectors (asia.nikkei.com)
2026-5-28 AI

Sources: ByteDance is developing its own CPUs to support growing AI infrastructure needs, as chip price hikes and supply shortages constrain expansion plans (www.reuters.com)
2026-5-28 AI

Anthropic and OpenAI seem to have finally found product-market fit with coding agents, which are quickly becoming daily drivers for highly paid professionals (simonwillison.net)
2026-5-28

Analysis: the Philadelphia Semiconductor Index, which tracks 30 largest US-listed chipmakers, is up ~75% YTD and on track for its biggest annual gain since 1999 (www.ft.com)
2026-5-28

Record Q1 data center spending of $6.2B, up ~100% QoQ, boosted Australia's investment growth, supporting an economy strained by energy costs and high rates (www.bloomberg.com)
2026-5-28 Australia Energy

Global AI hardware demand is easing China's concerns over a stronger yuan hurting exports, as AI hardware exports surge and chip equipment imports rise (www.bloomberg.com)
2026-5-28 China AI

Companies are using AI at their global capability centers in India to bring more creative work in-house, cutting turnaround times and reliance on ad agencies (www.reuters.com)
2026-5-28 India AI

Taiwanese tech companies have completed a record $14.5B of debt deals so far this year, as they race to secure financing to meet soaring demand for AI capacity (www.bloomberg.com)
2026-5-28 Taiwan AI

Swiggy CEO Sriharsha Majety says his company plans to stay out of the spending war as Amazon and Flipkart ramp up their quick commerce efforts across India (www.bloomberg.com)
2026-5-28 India Amazon

Kirkland & Ellis, the world's highest-grossing law firm, is setting aside $500M to build its own AI platform rather than rely on tools available to its rivals (www.ft.com)
2026-5-28 AI

Websites Have a New Way To Spy On Visitors: Analyzing Their SSD Activity (hardware.slashdot.org)
2026-5-28

Trade Desk's market cap fell ~70% from a December 2024 peak as it contends with frustrated agency partners, competition from Google, and a new entrant, Amazon (www.wsj.com)
2026-5-28 Google Amazon

Memo: Meta plans to embed engineers and product managers within large corporate customers as part of a new Enterprise Solutions unit to help deploy its AI tools (www.theinformation.com)
2026-5-28 AI

Sources: the Pentagon is pursuing funding deals with US drone companies, potentially with equity stakes, to increase domestic production and lower unit costs (www.wsj.com)
2026-5-28 Drone Equity Pentagon

Last.fm announces it is an independent company again, 19 years after being acquired by CBS; it plans to keep its current team and continue the service as normal (www.engadget.com)
2026-5-28

Kuaishou reports Q1 revenue up 3.4% YoY to ~$5B and Kling AI revenue up 300%+ YoY to ~$96M; Kling reached a ~$500M annualized revenue run rate in March 2026 (www.scmp.com)
2026-5-28 AI

The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case (www.coindesk.com)
2026-5-28 CFTC

Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger (www.pcmag.com)
2026-5-28 Amazon Apple

SoFi says SoFiUSD, its US dollar-pegged stablecoin on Ethereum and Solana, is now available for members to buy, sell, hold, and convert within the SoFi app (www.theblock.co)
2026-5-28 Ethereum

Mark Zuckerberg tells shareholders that a Meta cloud computing business is “definitely on the table” if it overspends on data centers and has excess capacity (www.cnbc.com)
2026-5-28 Zuckerberg

Illinois Legislature passes SB 315, a bill requiring annual independent third-party safety audits of leading AI companies; the bill heads to the governor's desk (www.nbcnews.com)
2026-5-28 AI

The US DOD announces a $9.7B five-year deal with Dell to provide Microsoft 365, advanced cloud subscriptions, and on-premises licensing to the US military (www.cnbc.com)
2026-5-28 Microsoft

Meta To Start Testing AI Subscription Services (news.slashdot.org)
2026-5-28 AI

US prosecutors charge Google engineer Michele Spagnuolo with using inside information to make $1.2M on Polymarket bets about Google's Year in Search results (abcnews.com)
2026-5-28 Google

Sources: Uber has increased its stake in Delivery Hero to ~37% by acquiring Aspex Management's 14.6% share at a €12B valuation, after a takeover offer last week (www.ft.com)
2026-5-28 Uber

Nvidia To Spend $150 Billion a Year In Taiwan (slashdot.org)
2026-5-28 Taiwan Nvidia

GPU mining malware spreads via SEO poisoning, AI chatbots (www.bleepingcomputer.com)
2026-5-28 AI chatbot

Rust Will Save Linux From AI, Says Greg Kroah-Hartman (linux.slashdot.org)
2026-5-28 Linux AI

HP reports Q2 revenue up 9% YoY to $14.4B, vs. $14B est., Personal Systems revenue up 13% to $10.2B, and forecasts Q3 adjusted EPS above estimates (www.bloomberg.com)
2026-5-28

Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS over five years; SNOW jumps 29%+ after hours (www.cnbc.com)
2026-5-28

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