Mark Maurer / Wall Street Journal: KPMG partners with Anthropic to embed Claude into its tax and advisory platforms; KPMG's tax and legal services unit saw revenue grow ~8% YoY to $9.3B in 2025 — The Big Four firm will embed Claude on a platform that will house the majority of its nonaudit services
Robbie Whelan / Wall Street Journal: Decart, which offers real-time generative video and GPU optimization tech, raised $300M at a ~$4B valuation, up from $3.1B after raising $153M in August 2025 — Decart's valuation hits nearly $4 billion as investors pour capital into startups making AI computing more efficient
Tracy Qu / Wall Street Journal: Baidu reports Q1 revenue down 1.1% YoY to ~$4.7B, above ~$4.5B est., and net income down 55% YoY to ~$506.6M, above ~$462.5M est., amid a slow AI payoff — First-quarter net profit fell 55% from a year earlier — Baidu recorded another sharp profit drop and a fourth straight quarter …
Tim Higgins / Wall Street Journal: How Amazon, which took a measured tone on AI, went from an AI also-ran to a real contender, thanks to $200B in spending, a bet on custom chips, and savvy deals — The pieces are coming together for AWS's AI strategy, thanks to $200 billion in spending, custom chips and savvy deals
Kwanwoo Jun / Wall Street Journal: South Korea's Hana Bank agrees to acquire a 6.55% stake in Dunamu, which runs South Korea's largest crypto exchange Upbit, for $672.5M from Kakao — The deal would make Hana Bank the fourth largest shareholder in Dunamu — Hana Bank will buy a roughly $670 million stake …
Connor Hart / Wall Street Journal: Klarna reports Q1 revenue up 44% YoY to $1.01B, above est., GMV up 33% to $33.7B, active customers up 20% to 119M, and a $1M profit, up from a $99M loss YoY — The buy now, pay later company said first-quarter revenue jumped 44% to $1.01 billion — Klarna swung to a profit in the first quarter …
Sherry Qin / Wall Street Journal: SMIC reports Q1 revenue up 11.5% YoY to ~$2.5B and net profit up 5% YoY to ~$197.4M, below $223.6M est., weighed down by higher operating expenses, up 30% YoY — It sees scope for momentum to pick up in the second quarter — SMIC, China's biggest chip foundry, reported weaker …
Wall Street Journal: Zhaopin: Chinese graduates returning home from abroad rose 12% YoY in 2025, fueling Beijing's plans to take on Silicon Valley; China is offering big incentives — More Chinese nationals who return home after working in the U.S., called ‘sea turtles,’ are fueling Beijing's efforts to take on Silicon Valley
Wall Street Journal: Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source — Cloud and networking products—including AI servers—remained the company's largest revenue contributor
Kate Clark / Wall Street Journal: Investor docs: Anthropic's revenue run-rate is on track to hit $50B by the end of June; Ramp says more of its customers now use Anthropic than OpenAI, a first — After years as also-ran, startup pulls ahead in AI race after focusing on enterprise users and coding
Robbie Whelan / Wall Street Journal: UK chip startup Fractile raised a $220M Series B led by Factorial Funds, Accel and Founders Fund to make specialized logic and memory chips for inference — Factorial Funds, Accel and Peter Thiel's Founders Fund invest in company — The U.K. chip startup Fractile said it has raised …
Sadie Gurman / Wall Street Journal: PayPal agrees to forgo ~$30M in transaction fees to end a DOJ probe into allegations that the company adopted unlawful preferences for minority-owned businesses — Case is part of Trump administration campaign against corporate DEI initiatives — PayPal agreed to forgo approximately $30 million …
Wall Street Journal: JD.com reports Q1 revenue up 4.9% YoY to $46.5B, above ~$45.8B est., and adjusted net profit down 42% YoY to $1B, amid a fierce food delivery battle in China — JD.com JD 1.33%increase; green up pointing triangle returned to the black in the first quarter, in a sign the Chinese e-commerce giant …
Angel Au-Yeung / Wall Street Journal: Musk v. Altman: profiles of US judge Yvonne Gonzalez Rogers, an Obama-nominated blunt and efficient operator, and Elon Musk's and OpenAI's attorneys — Trial features jurist known for straight talk and lawyers who have worked on milestone cases — In Silicon Valley's trial of the year …
Elizabeth Findell / Wall Street Journal: Most of the tech on display at this year's Border Security Expo was autonomous and AI-equipped, driven by the Trump administration's focus on US border security — Rapid gains in artificial-intelligence technology bring new competitors into the business of securing the border
Vicky Ge Huang / Wall Street Journal: Inside Consensus Conference, one of the biggest crypto conferences, which had a decidedly corporate sheen in 2026 amid Wall Street's embrace of digital assets — In Miami Beach, one of the biggest crypto conferences had a decidedly corporate sheen this year
Belle Lin / Wall Street Journal: An analysis of US DOL data: the IT sector's unemployment rate rose from 3.6% in March to 3.8% in April, as the sector shed 13,000 jobs amid AI uncertainty — The job market for information-technology workers remains murky as tech companies shed personnel — The unemployment rate …
Heather Somerville / Wall Street Journal: Executives at Palantir, whose stock is up ~16x since its AI platform's 2023 debut, often decry other AI as slop, as competition from frontier AI labs stiffens — Investors and some employees see a real threat of the company ceding business to AI models — Palantir Technologies owes …
Kate Clark / Wall Street Journal: A profile of Anthropic CFO Krishna Rao, who tends to take a conservative approach to revenue projections and has chosen to raise less money than is available — Krishna Rao is navigating unprecedented growth, compute constraints and the idiosyncratic Amodeis
Ben Cohen / Wall Street Journal: OpenAI president Greg Brockman's journal has emerged as a star witness in the Musk v. Altman trial; Brockman says he stopped writing about OpenAI in it in 2023 — The journal of OpenAI president Greg Brockman is now a character in the company's battle with the world's richest man …
Kwanwoo Jun / Wall Street Journal: Samsung says it is ceasing sales of TVs and appliances in China amid fierce competition from local brands; Samsung's TV and appliance unit lost ~$138M in 2025 — The company will continue to sell smartphones and computer chips in China — Samsung Electronics is ceasing sales of televisions …
Nicholas G. Miller / Wall Street Journal: Nvidia invests $500M in Corning, which will grow its US optical connectivity capacity by 10x and expand its US fiber production capacity by 50%+; GLW jumps 15%+ — Corning will boost its U.S.-based optical connectivity manufacturing capacity by ten times — Nvidia is investing $500 million …
Nicholas G. Miller / Wall Street Journal: Instacart reports Q1 revenue up 14% YoY to $1.02B, above $1.01B est., GTV up 13% YoY to $10.29B, and orders up 10% YoY to 91.2M, as users focus on affordability — First-quarter revenue rose 14% to $1.02 billion — Instacart reported higher first-quarter revenue and said consumers …
Meghan Bobrowsky / Wall Street Journal: RadixArk, led by former xAI employee Ying Sheng, raised a $100M seed at a $400M valuation to make AI inference more efficient via its open-source SGLang engine — RadixArk has raised $100 million at a $400 million valuation for a software engine and framework that make inference and training more efficient to run
Wall Street Journal: An analysis of 1.6M Polymarket accounts since November 2022: 0.1% of users get 67% of the profits, with the highest-frequency traders seeing the most success — A WSJ analysis shows a small number of accounts on Polymarket and Kalshi—often pros using data-driven algorithmic trading—take home most of the winnings
Chavie Lieber / Wall Street Journal: How Amazon's expansion into fashion helped Jeff Bezos enter fashion's inner circle, as he and Lauren Sánchez Bezos become underwriters for this year's Met Gala — The Amazon founder and Lauren Sánchez Bezos have become front-row fixtures through business expansion and charitable giving
Ben Cohen / Wall Street Journal: A profile of BlackBerry's QNX division, whose operating system controls safety features in 275M cars and accounts for half of BlackBerry's revenue — John Wall has spent nearly his entire career working for the same company. And when he tells people where he works, nobody has any clue what he's talking about.
Georgia Wells / Wall Street Journal: Sources: OpenAI employees have raised alarms internally over failures to alert law enforcement when users describe plans for real-world violence to ChatGPT — OpenAI's chatbot dispenses advice on weapons and role-plays mass shootings. The carnage is raising scrutiny on when and how companies intervene.
Wall Street Journal: A profile of OpenAI CFO Sarah Friar, who sources say helped keep OpenAI's Microsoft deal on track and has privately suggested waiting until 2027 for an IPO — The chief financial officer is managing Sam Altman—and ambitions for one of the biggest IPOs ever. She has pulled off impossible ones before.
Lauren Thomas / Wall Street Journal: Sources: GameStop is preparing to make an offer for eBay after quietly building a stake; GameStop had a market cap of ~$11B as of May 1, while eBay had ~$45B — Retailer's CEO Ryan Cohen has been eyeing a major deal, in part to clinch a huge payday — GameStop is preparing to make an offer for eBay …
Isabella Simonetti / Wall Street Journal: Sources: London-based DAZN agrees to acquire ViewLift, which builds tech for streaming services for 15 professional US sports teams and others, for ~$100M — DAZN is seeking to expand its reach within the U.S. — Sports media company DAZN has agreed to buy technology company ViewLift …
Laura J. Nelson / Wall Street Journal: Sergey Brin-backed Building a Better California says two ballot countermeasures to the proposed wealth tax are on track to qualify for the November ballot — Two ballot initiatives funded in part by the Google co-founder that take aim at portions of a proposed wealth tax are on track to qualify
Patrick Coffee / Wall Street Journal: Hightouch, which uses AI to help marketers create and manage campaigns, raised $150M led by Goldman Sachs and Bain at a $2.75B valuation, up from $1.2B in 2025 — The Trade Desk also invested in Hightouch, which is now valued at $2.75 billion — Hightouch, a platform that uses generative AI …
Isabelle Bousquette / Wall Street Journal: Cash-rich AI startups fuel a boom in Manhattan's commercial real estate market; many offices have more vacant desks than workers, as startups prepare to scale — AI firms are rushing to grab Manhattan's most coveted office space, but desks outnumber employees. Some grow into them; others just want room to think.
Kim Mackrael / Wall Street Journal: ASML says it plans to make at least 60 of its standard EUV machines this year, 36% more than it sold in 2025, as it races to meet demand for making AI chips — ASML is the only supplier of the machines needed to make cutting edge AI chips at scale — VELDHOVEN, the Netherlands …
Wall Street Journal: Trump hosted a gala luncheon for leading $TRUMP holders, where he spoke about his pro-crypto policies, but avoided the memecoin's declining value — The president's address touched on everything from the war in Iran to his policies supporting the crypto industry
Amrith Ramkumar / Wall Street Journal: Lawmakers and lobbyists say the Trump administration has lobbied against legislation that would regulate AI in at least six Republican-led states — ‘I am disappointed that states are being told to wait to address this critical issue,’ one GOP state senator said
Rolfe Winkler / Wall Street Journal: A profile of John Ternus, a mechanical engineer by background, who joined Apple in 2001 and whose biggest success was helping Mac's transition to Apple Silicon — John Ternus must help Apple catch up in the AI race as it looks for its next big hit — The Mac Mini was sorely in need of an update …
Wall Street Journal: A look at transnational scam syndicates in Cambodia, running hundreds of online scam operations and call centers and infiltrating Cambodia's ruling class — Crime syndicates in Cambodia corrupt officials, enslave workers and fleece victims worldwide — PHNOM PENH, Cambodia …
Belle Lin / Wall Street Journal: Adobe introduces CX Enterprise, an AI agent-based platform that aims to help corporate customers automate digital marketing and other functions — The software maker's new AI agents are aimed at getting ahead of the risk of artificial intelligence to its business
Sebastian Herrera / Wall Street Journal: Salesforce CEO Marc Benioff dismisses the idea of vibe coded CRM replacing SaaS companies, saying data security and compliance make Salesforce indispensable — ‘People think we have our back against the wall,’ but customers aren't replacing its offerings with AI, CEO says — Marc Benioff has some problems.
Nicole Nguyen / Wall Street Journal: Some Mac Mini and Mac Studio models are unavailable or facing up to 12-week wait times in the US, with analysts citing strong demand from AI agent power users — The scarcity of Apple's littlest Mac comes at a time of high interest from AI power users and a potential product refresh
Wall Street Journal: TSMC CEO C.C. Wei says TSMC checked with customers about AI demand and was reassured that it was still strong amid the Iran war, as it raises revenue forecasts — Taiwan company expects revenue to grow by more than 30% and doesn't see material disruptions to supply chain
Kate Clark / Wall Street Journal: Anthropic appoints Novartis CEO Vas Narasimhan to its board, its second board addition in recent months as it eyes an IPO and pushes further into healthcare — The startup behind the popular Claude chatbot and coding tool is eyeing a potential IPO as soon as this year
Connor Hart / Wall Street Journal: EV maker Lucid says Uber agreed to buy 35K+ additional Lucid vehicles for its robotaxi fleet and invest $200M more, taking its total Lucid investment to $500M — Uber will purchase at least 35,000 additional Lucid vehicles, designed exclusively for use as part of Uber's future global robo-taxi service
Sean McLain / Wall Street Journal: Amazon quietly expands Amazon Autos to offer cars from Kia, Mazda, Subaru, Chevrolet, and Jeep, after launching with Hyundai; the service is in 130+ US cities — The e-commerce giant's new-car buying program expands to Jeep, Chevrolet and other brands — Now you can buy a brand-new Corvette on Amazon.com .
Bradley S. Klein / Wall Street Journal: How AI is transforming golf: optimizing course operations, virtual assistants handling tee time bookings, and AI instructor apps improving player performance — From reserving a tee time to fending off turf disease, artificial intelligence is putting the game under an algorithmic microscope
Yang Jie / Wall Street Journal: UK activist investor Palliser has built a stake in Ajinomoto, urging it to raise prices for its ABF, a key material used to form advanced chipmaking substrates — Its shares surged in February and is up over 40% year to date — An activist investor has built a stake in a Japanese company …
Wall Street Journal: Sources: US National Cyber Director Sean Cairncross is leading an effort to identify security vulnerabilities in critical infrastructure that AI could exploit — Group led by National Cyber Director Sean Cairncross aims to identify security vulnerabilities before models from Anthropic, OpenAI are released
Katherine Hamilton / Wall Street Journal: GoPro says it will cut 23% of its workforce, or 145 employees, starting in Q2 and costing $11.5M to $15M, as the company struggles to return to profitability — The wearable camera maker will cut 145 employees as part of a restructuring plan — GoPro plans to cut 23% of its workforce …