Sources: OpenAI generated about $5.7B in revenue in Q1, nearly $1B more than Anthropic (Sri Muppidi/The Information)

Sri Muppidi / The Information:
Sources: OpenAI generated about $5.7B in revenue in Q1, nearly $1B more than Anthropic  —  OpenAI generated about $5.7 billion in revenue in the first quarter, nearly $1 billion more than archrival Anthropic generated in the same period, according to two people with knowledge of the financials.

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August Robotics, which makes autonomous robots for construction and industrial applications, raised $30M led by Big Pi Ventures (Kyt Dotson/SiliconANGLE)

Kyt Dotson / SiliconANGLE:
August Robotics, which makes autonomous robots for construction and industrial applications, raised $30M led by Big Pi Ventures  —  August Robotics Ltd., a robotics automation company for construction and industrial applications, today announced it raised $30 million in new funding led by Big Pi Ventures.

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SpaceX files publicly for its IPO, choosing Nasdaq to make its debut under the symbol SPCX (Bloomberg)

Bloomberg:
SpaceX files publicly for its IPO, choosing Nasdaq to make its debut under the symbol SPCX  —  SpaceX filed publicly for its initial public offering, moving Elon Musk's rocket, satellite and artificial intelligence company a step closer to delivering the world's biggest-ever debut.

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OpenAI says an internal general-purpose reasoning model has disproved the Erdős unit distance conjecture, a central problem in discrete geometry posed in 1946 (OpenAI)

OpenAI:
OpenAI says an internal general-purpose reasoning model has disproved the Erdős unit distance conjecture, a central problem in discrete geometry posed in 1946  —  Read the proof(opens in a new window)Read the companion remarks(opens in a new window)  —  Loading...

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Google says the Gemini app has 900M+ MAUs across 230 countries, up from 400M at I/O 2025, and launches Neural Expressive, a new design language for Gemini (Josh Woodward/The Keyword)

Josh Woodward / The Keyword:
Google says the Gemini app has 900M+ MAUs across 230 countries, up from 400M at I/O 2025, and launches Neural Expressive, a new design language for Gemini  —  Gemini is becoming a more helpful AI assistant, with an intuitive new UI, proactive daily briefs and Gemini Spark, an agent to help you get things done around the clock.

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Anthropic acquires NYC-based Stainless, which generates SDKs from APIs, and plans to wind down its hosted products, after reportedly discussing a $300M+ deal (Kirsten Korosec/TechCrunch)

Kirsten Korosec / TechCrunch:
Anthropic acquires NYC-based Stainless, which generates SDKs from APIs, and plans to wind down its hosted products, after reportedly discussing a $300M+ deal  —  Anthropic announced Monday it has acquired Stainless, a startup founded by former Stripe engineer Alex Rattray whose software …

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Seagate shares drop 9%+, leading a group-wide sell-off after comments from its CEO raised concerns it won't be able to meet demand fueled by the AI buildout (CJ Haddad/CNBC)

CJ Haddad / CNBC:
Seagate shares drop 9%+, leading a group-wide sell-off after comments from its CEO raised concerns it won't be able to meet demand fueled by the AI buildout  —  Shares of memory chip maker Seagate slipped more than 8% Monday, leading a group-wide sell-off after comments from CEO Dave Mosley raised concerns …

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