AI

Meta Reassigns 7,000 Employees to Focus on AI in Major Restructuring Meta has announced the reassignment of 7,000 employees to AI-related divisions, marking one of the largest talent shifts in the company’s history. The move reflects Meta’s strategic bet on AI technology, concentrating resources on large model development, AI infrastructure, and AI productization. Analysts note this signals Meta is accelerating efforts to catch up with competitors in the AI race. ...

After nearly a month of intensive proceedings, a jury has ruled to dismiss Elon Musk’s lawsuit against OpenAI and its CEO Sam Altman. Case Background Musk was a co-founder of OpenAI but departed the company in 2018. Since then, he has repeatedly criticized OpenAI’s shift toward a for-profit model and accused Altman of misconduct during the transition of control. Trial Focus During the nearly month-long trial, both sides presented extensive internal emails, meeting records, and financial documents. Musk argued that OpenAI had strayed from its original nonprofit mission, while Altman and OpenAI contended that the transformation was necessary for the company’s long-term development. ...

AI infrastructure company Cerebras saw its shares surge approximately 100% on its first day of trading after raising $5.5 billion, becoming one of the largest tech IPOs of 2026.

The Dow Jones Industrial Average crossed the 50,000 mark for the first time, driven by AI chip and tech stock gains as investor confidence in AI commercialization continues to grow.

Crypto data analytics firm Dune announced a 25 percent workforce reduction, with the CEO citing heavy investment in AI productivity tools.

[Brief] Asian stock markets traded mixed on May 14. Japanese and Chinese tech shares rallied on AI momentum, while broader markets remained cautious as investors awaited signals from the Trump-Xi summit in Beijing. Any trade negotiation developments could trigger ripple effects across global markets.

Court testimony in the high-profile legal battle between Elon Musk and Sam Altman has exposed that Microsoft harbored significant internal concerns about becoming overly dependent on OpenAI. Trial Revelations The court record revealed that Microsoft executives conducted internal risk assessments regarding their relationship with OpenAI. As the company’s largest investor with billions committed, Microsoft’s core products including Bing search and the Copilot assistant are deeply built on OpenAI’s technology. Strategic Vulnerability According to testimony, Microsoft recognized that this reliance created strategic exposure: if OpenAI were to redirect its partnerships or establish closer ties with rival companies, Microsoft’s AI competitive edge could face severe disruption. ...

WhatsApp has launched a fully private incognito mode for AI chatbot conversations, ensuring chats are not used for training or data processing.

Nvidia CEO Jensen Huang joins Trump’s China delegation, highlighting semiconductors as central to US-China relations.

[Flash] Apple to Pay Up to $95 to Some US iPhone Buyers Over AI Lawsuit Apple will pay up to $95 to some US iPhone buyers to settle a class action lawsuit filed last year. Plaintiffs claimed Apple misled consumers by advertising Apple Intelligence features that many iPhone models could not actually use. The payout applies only to eligible users who meet specific criteria. Source: BBC Tech