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As the US AI boom drains venture capital from Africa, startups on the continent are pivoting to domestic funding sources, like pension funds and local VC firms
(
www.bloomberg.com
)
2026-5-28
Startup
AI
Africa
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
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
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
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
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
Micron, the WTF AI Mania Chart of the Year
(
wolfstreet.com
)
2026-5-28
AI
North Korea tests new AI-guided missile systems (PHOTOS)
(
www.rt.com
)
2026-5-28
Korea
AI
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
Meta To Start Testing AI Subscription Services
(
news.slashdot.org
)
2026-5-28
AI
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
YouTube To Automatically Detect, Label AI-Generated Videos
(
news.slashdot.org
)
2026-5-28
AI
YouTube
The AI Fight Brewing Inside the New York Times
(
news.slashdot.org
)
2026-5-28
AI
New York
Amazon MGM Studios announces the GenAI Creators' Fund, greenlights three AI animated series for Prime Video, and launches an AI production platform with AWS
(
variety.com
)
2026-5-28
Amazon
AI
Meta rolls out Plus plans for Instagram, Facebook, and WhatsApp globally, will test $7.99/mo. and $19.99/mo. Meta AI plans, a $49.99/mo. creator plan, and more
(
techcrunch.com
)
2026-5-28
Facebook
AI
Instagram
WhatsApp
Pope used AI to warn about dangers of AI – researcher
(
www.rt.com
)
2026-5-28
AI
Tech CEOs Are Apparently Suffering From AI Psychosis
(
tech.slashdot.org
)
2026-5-28
AI
OpenAI Foundation says it is committing an initial $250M for grants, partnerships, and direct work aimed at helping workers and economies navigate AI disruption
(
www.reuters.com
)
2026-5-28
AI
NYC-based Pace, whose AI agents automate back-office operations for insurance companies, raised a $46M series B led by Thrive and Sequoia at a $375M valuation
(
www.forbes.com
)
2026-5-28
AI
Insurance
Company Behind School Bus AI Cameras Wants To Share Footage With Police
(
yro.slashdot.org
)
2026-5-28
AI
Opendoor Co-Founder Eric Wu's NavigateAI, which is building an expert AI coach for construction workers, raised a $25M seed led by Elad Gil at a $225M valuation
(
www.forbes.com
)
2026-5-28
AI
AI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its revenue run rate has increased to $492M from $37M in May 2025
(
www.bloomberg.com
)
2026-5-28
Startup
AI
Staff at drone-hit Russian college added to Ukrainian ‘kill list'
(
www.rt.com
)
2026-5-28
Russia
Drone
Ukraine
The EU proposes new satellite access rules to let non-European companies like SpaceX bid for the airwaves, while preserving 33%+ of licenses for local companies
(
www.bloomberg.com
)
2026-5-28
Europe
SpaceX
DC-based Airis Labs, which uses AI to convert visual data to law enforcement intelligence, emerges from stealth with a $31M Series B, for $60M in total funding
(
www.axios.com
)
2026-5-27
AI
Intelligence
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