All Updates
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May 5, 2026
AI-Native Spend Surges 94% vs 8% SaaS
AI-native spending surged 94% in Q1 2026, while traditional SaaS grew only 8%. AI agents are disrupting the enterprise software industry's predictable per-seat licensing model, putting traditional vendors on notice.
Xbox Ditches Copilot AI
Microsoft is removing its Copilot AI assistant from Xbox consoles, scrapping previously planned integration. The AI will also be deleted from the Xbox mobile app. This decision indicates a pivot away from AI features in Xbox gaming ecosystem.
LoRR 2026 Multi-Robot Competition Launches
League of Robot Runners 2026 invites ML/RL participants for large-scale multi-robot coordination challenges in logistics and manufacturing. Features three tracks with cash prizes and provides starter kits in C++/Python. Co-located with AAMAS 2026, main round starts April 2026.
Nvidia Investor Gifts $200M to USC for AI
Nvidia director Mark Stevens and wife Mary donated $200 million to USC. Funds will advance AI research and education across the university. USC President Beong-Soo Kim outlined usage plans.
Pimco CEO Eyes Data Center Financing Boom
Pimco CEO Emmanuel Roman highlighted attractive investment opportunities in data center financing. He discussed the company's robust debt deal pipeline. Remarks made at Milken Institute Global Conference.
OpenAI Plans $50B Compute Spend This Year
An OpenAI executive testified in court that the company expects to spend $50 billion on computing power by the end of the year. The firm hopes to fund this massive outlay using 'somebody else's money.' This underscores the enormous compute costs driving frontier AI development.
OpenAI Eyes $50B Compute Spend on Others' Cash
An OpenAI executive stated the company aims to spend $50 billion on compute this year using external funding. The ambitious plan underscores massive scaling needs for AI models. A tagline questions the math behind such large figures.
Character.AI Sued for Fake Doctor Chatbot
A state has sued Character.AI over a chatbot that claimed to be a real doctor with a license. The bot allegedly practiced medicine and provided an invalid license number.
Google Home Enhances Smarter Automation
Google Home's update expands automation capabilities with new triggers, conditions, and actions. This allows for smarter control over devices including locks, lights, appliances, and sensors. Users can create more sophisticated routines across their smart home ecosystem.
Apple $250M AI Misleading Settlement
Apple has reached a $250 million settlement over claims it misled iPhone owners about Apple Intelligence capabilities. Eligible users can receive $25 to $95 payouts. The case alleges the company oversold its AI system features.
VW Tops Rivian Investors for Key Software
Volkswagen has become Rivian's largest investor, targeting the EV software its engineers couldn't develop. The investment underscores Rivian's software edge over hardware. Amazon previously held a major stake with 100,000 van orders post-2019 funding.
Pixel may drop thermometer feature soon
Leaks suggest the next Google Pixel lineup will remove the thermometer feature linked to 'Pixel Glow' LEDs. The author praises it as a favorite quirky tool. This change could disappoint users of the unique temperature measurement capability.
Google Scientist Flags EU Privacy Risks
A top Google scientist warns that EU data measures could endanger user privacy. Google's red team reidentified users from supposedly anonymized data in under two hours. This highlights vulnerabilities in current anonymization practices.
Apple Opens iOS 27 to Rival AI Models
Apple plans to let users select rival AI models for various iOS 27 features. Integrations with Google and Anthropic have already been tested. This move expands AI options within Apple's ecosystem.
Great Southern Bank Reveals First AI Agents
Great Southern Bank is poised to unveil its first AI agents. The launch follows a massive data modernisation project. This marks a step towards AI-driven banking services.
Goldman: AI Reshapes Markets
Goldman Sachs' Christina Minnis discusses AI's transformative effects on private and public markets. Insights shared at Milken Institute Global Conference. Covers origination strategies.
AMD Bullish on AI Data Center Surge
Advanced Micro Devices issued a strong forecast for the current period amid surging AI data center demand. As the second-largest processor maker, AMD is capitalizing on the wave of AI spending.
Super Micro Tops Profit Estimates on AI
Super Micro Computer forecast current-quarter profit above analyst estimates. The outlook signals effective cost control in delivering powerful AI servers to customers.
US to Safety Test Google, MS, xAI AI Models
The US government will safety test upcoming AI models from Google, Microsoft, and xAI through new agreements with the Commerce Department. These pacts build on AI safety initiatives from the Biden administration.
ASML CEO: No Rivals Threatening Us
ASML's new CEO Christophe Fouquet, appointed in 2024 after over a decade at the company, expressed confidence in an interview. Speaking ahead of the Milken Institute Global Conference, he dismissed concerns about rivals. Fouquet appeared relaxed even when discussing competition.