Tech News — Apr 1, 2026

Tech News — Apr 1, 2026 | Trace

The day in brief

What connected the day

20 topics

01
4 sources · 5 updates
SpaceX Confidentially Files for Record-Breaking IPO
SpaceX has confidentially submitted its initial public offering (IPO) registration to the US Securities and Exchange Commission, aiming for a valuation of over $1.75 trillion. The company plans to raise approximately $75 billion, potentially making this the largest IPO in history, ahead of upcoming listings from competitors like OpenAI and Anthropic PBC.
- SpaceX's valuation was previously estimated at $1.25 trillion after merging with Elon Musk's xAI.
- The IPO is being managed by 21 banks under the codename 'Project Apex'.
02
4 sources · 4 updates
Anthropic's Claude Code Source Code Leaked Due to Human Error
Claude and Code saw 4 notable updates in the last 24 hours across 4 sources. The story moved from Anthropic accidentally publishes Claude Code source code for anyone to find to Anthropic’s leaked Claude code was an internal error, not an attack.
- The leak involved 512,000 lines of proprietary TypeScript code and 1,000 files.
- Anthropic has issued DMCA infringement requests to combat the spread of the leaked code.
03
3 sources · 3 updates
OpenAI Secures Record $122 Billion Funding and Launches Super App
OpenAI has successfully completed a record-breaking funding round, raising $122 billion and achieving a valuation of $852 billion. The funding will support the launch of the new ChatGPT Super App, which integrates various capabilities into a single platform, while major investments came from Amazon, Nvidia, and SoftBank.
- Amazon invested $50 billion, with $35 billion contingent on future milestones.
- OpenAI's ChatGPT now boasts 900 million weekly active users.
04
1 sources · 8 updates
Apple Celebrates 50 Years with Special Events and Reflections
Apple is marking its 50th anniversary with a series of celebrations, including a special animated homepage and a concert featuring Paul McCartney at Apple Park. Tim Cook reflected on the company's legacy, emphasizing that it remains rooted in Steve Jobs' principles, while employees received exclusive merchandise to commemorate the milestone.
- The anniversary slogan is '50 Years of Thinking Different,' featured on exclusive employee merchandise.
- Tim Cook rang the Nasdaq Opening Bell remotely from Apple Park to celebrate the anniversary.
05
2 sources · 3 updates
Iran Threatens Major U.S. Tech Firms with Attacks
Iran's Islamic Revolutionary Guard Corps (IRGC) has declared 18 U.S. tech companies, including Apple, Nvidia, and Google, as targets for imminent attacks in retaliation for recent strikes on Iran. The IRGC has warned employees of these companies to evacuate their workplaces immediately, with attacks scheduled to begin at 8 p.m. Tehran time on April 1.
- The IRGC's threats follow previous drone strikes that damaged Amazon's infrastructure in the region.
- Despite the turmoil, Apple is less exposed to export disruptions due to its ability to reroute shipments.
06
2 sources · 2 updates
SpaceX's IPO Could Set Record Valuation
SpaceX is gearing up for a historic IPO that could value the company at $1.75 trillion, potentially making it the largest IPO in history. In 2025, SpaceX generated approximately $16 billion in revenue, with its Starlink satellite service contributing between 50% and 80% of that revenue, serving over 9 million users. Additionally, the recent acquisition of xAI valued the AI startup at $250 billion, further boosting SpaceX's financial standing.
- The breakup of Starlink satellite 34343 resulted in at least tens of objects in low Earth orbit.
07
2 sources · 2 updates
Perplexity AI Faces Class-Action Lawsuit Over Data Sharing
Perplexity AI is being sued in a class-action lawsuit for allegedly sharing user data with Meta and Google. The complaint claims that trackers are installed on devices as soon as users log into Perplexity, accessing conversations even in Incognito mode, raising serious concerns about data privacy and potential violations of California privacy laws.
- Perplexity AI Machine Accused of Sharing Data With Meta, Google. Perplexity AI faces lawsuit over data sharing allegations.
08
2 sources · 2 updates
Nothing to Launch AI Smart Glasses and Earbuds
London-based Nothing is set to release AI-powered smart glasses in 2027, featuring advanced capabilities like microphones, speakers, and cameras, but notably lacking a display. The company is also preparing to launch AI-enabled earbuds later this year, marking a significant expansion of its product line under CEO Carl Pei, who aims to compete with larger tech firms by adopting a multi-device strategy.
- $200 million raised last year at a $1.3 billion valuation helped Nothing achieve unicorn status.
09
2 sources · 2 updates
Stock Market Rebounds Amid Recovery Signs
Stock futures are on the rise as the market shows signs of recovery following a significant rally, despite the Dow Jones Industrial Average experiencing its largest monthly loss since 2022. Meanwhile, Nike faces challenges with shares dropping over 10% due to a disappointing sales forecast, even as it reported a 3% revenue growth in North America. In a notable development, OpenAI has raised a record $122 billion in funding, reflecting strong investor interest.
- Nike expects a 20% decline in its China market this quarter.
- Project Hail Mary has surpassed $300 million globally, making it Amazon MGM's highest-grossing film ever.
10
2 sources · 2 updates
Baidu's Robotaxis Freeze in Wuhan Traffic
Baidu's Apollo Go robotaxis malfunctioned in Wuhan, causing significant traffic disruptions and at least one collision. The incident involved over 100 vehicles that stalled mid-traffic, leading to chaos on the streets. Fortunately, no injuries were reported, but investigations are underway to determine the cause of the system failure.
- Baidu operates more than 1,000 driverless robotaxis in Wuhan, making it the largest deployment in China.
- The Apollo Go service has completed 3.4 million fully driverless rides in the fourth quarter of 2025.
11
2 sources · 2 updates
Google Launches Veo 3.1 Lite to Cut Video Generation Costs
Google has unveiled Veo 3.1 Lite, a new video generation model that significantly reduces costs by over 50% compared to its predecessor. Priced at just $0.05 per second for 720p video, this model supports both 720p and 1080p formats and is now available through the Gemini API and Google AI Studio.
- Veo 3.1 Lite is less than 50% the price of Veo 3.1 Fast.
- The model supports Text-to-Video and Image-to-Video generation.
12
1 sources · 2 updates
IKEA Launches Matter-Compatible Smart Home Products
IKEA has introduced a new line of Matter-compatible smart home products, including the VARMBLIXT table lamp, which features full color controls and is priced at $99.99. The lineup also includes the budget-friendly KALLSUP speaker for $9.99, capable of creating a wireless audio network throughout the home.
- The GRILLPLATS smart plug is available for $7.99.
- The ALPSTUGA air quality monitor is priced at $29.99.
13
1 sources · 1 updates
OpenAI Is Falling Out of Favor With Secondary Buyers
OpenAI is experiencing a significant downturn in demand for its shares on the secondary market, with some investors finding it nearly impossible to sell. This shift comes as institutional investors, including hedge funds and venture capital firms, seek to offload approximately $600 million in OpenAI shares, turning their attention instead to its main competitor, Anthropic.
- Institutional investors are attempting to sell $600 million worth of OpenAI shares.
- Demand for OpenAI shares has dropped significantly as investors favor Anthropic.
14
1 sources · 1 updates
TikTok Abandons Plans to Add Second Data Center in Ireland
TikTok, owned by ByteDance Ltd., has canceled its plans to establish a second data center in Ireland, a setback for the nation's ambitions as a data center hub. The company will instead focus on alternative projects for storing European user data, citing concerns over the country's grid capacity. Previously, TikTok had agreements in place for two buildings in Clondalkin, Dublin.
- TikTok had previously signed an agreement for two buildings in Clondalkin, Dublin.
- The decision reflects growing concerns over Ireland's grid capacity for data centers.
15
1 sources · 1 updates
Mar 31, 2026 Announcements Australian government and Anthropic sign MOU for AI safety and research
Anthropic has formalized a partnership with the Australian government through a Memorandum of Understanding aimed at advancing AI safety research and supporting the National AI Plan. During a meeting in Canberra, CEO Dario Amodei and Prime Minister Anthony Albanese announced a commitment to collaborate on AI model safety, share findings with the AI Safety Institute, and invest AUD$3 million in local research initiatives focusing on healthcare and education.
- Anthropic will invest AUD$3 million in partnerships with Australian research institutions.
- The MOU includes collaboration with Australia's AI Safety Institute on model capabilities and risks.
16
1 sources · 1 updates
Amazon settles Teamsters case alleging it retaliated against striking workers
Amazon has reached a settlement with the National Labor Relations Board following accusations from the Teamsters that it retaliated against workers who participated in strikes. The settlement requires Amazon to restore unpaid time off that was unlawfully docked from over 100 employees and to ensure that workers can strike without fear of losing their unpaid time off. Although Amazon did not admit wrongdoing, it has committed to not retaliating against employees for exercising their rights to organize.
- Amazon will restore unpaid time off for over 100 employees affected by the strike.
- The settlement includes a commitment not to retaliate against workers participating in strikes.
17
1 sources · 1 updates
Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: 'Redmond is in a pickle'
Microsoft's stock has experienced a dramatic decline, closing the first quarter of 2026 down 23%, its largest drop since the 2008 financial crisis. Investors are increasingly worried about the company's return on investment in artificial intelligence initiatives, particularly its Copilot product, which has seen minimal user adoption. Despite these challenges, Microsoft continues to show strong growth in its Azure cloud services, which reported a 39% revenue increase in the last quarter.
- Microsoft's stock saw its worst quarterly drop since 2008, losing 23%.
- Only 3% of commercial Office customers have adopted the Microsoft 365 Copilot.
18
1 sources · 1 updates
Samsung’s new app claims to alleviate motion sickness using sound
Samsung has introduced a new app called Hearapy, designed to alleviate motion sickness by playing a 100Hz sine wave tone through headphones for 60 seconds. This sound is intended to stimulate the vestibular system, helping to reduce symptoms like nausea for up to two hours. While the app is effective with most headphones, Samsung recommends pairing it with its Galaxy Buds 4 Pro for optimal results.
- The Hearapy app plays a 100Hz sine wave tone for 60 seconds to provide relief.
- Users can adjust the tone duration between 40 to 120 seconds for optimal results.
19
1 sources · 1 updates
Meta was finally held accountable for harming teens. Now what?
Meta has faced significant legal repercussions after a New Mexico court found the company liable for endangering child safety, resulting in a $375 million fine. The following day, a jury in Los Angeles determined that Meta knowingly designed its apps to be addictive, making it 70% liable for a plaintiff's mental distress. These landmark rulings have opened the door for numerous pending lawsuits against the company regarding its practices aimed at teen users.
- Meta was fined $375 million in New Mexico for violating the state's Unfair Practices Act.
- A jury found Meta 70% liable for the mental distress of a 20-year-old plaintiff in Los Angeles.
20
1 sources · 1 updates
Go play this secret game in your TikTok DMs
TikTok has introduced a secret emoji game that users can access through direct messages, allowing players to bounce on alligators while avoiding skeletons. The game is designed to add a competitive element to messaging, with players aiming to outscore each other. Accessible globally in both one-on-one and group chats, users can initiate the game by sending a single emoji, which then provides gameplay boosts.
- The game is accessible globally in one-on-one and group chats.
- Players can gain speed boosts by landing on floating emojis or propeller alligators.

The archive

What moved

Bloomberg Technology

SpaceX Said to File Confidentially for Biggest-Ever IPO

SpaceX files for a record-breaking IPO.

Read source

TechCrunch

Cognichip wants AI to design the chips that power AI, and just raised $60M to try

Cognichip raises $60M to innovate chip design with AI.

Read source

The tech day has moved on.

What connected the day

SpaceX Confidentially Files for Record-Breaking IPO

Anthropic's Claude Code Source Code Leaked Due to Human Error

OpenAI Secures Record $122 Billion Funding and Launches Super App

Apple Celebrates 50 Years with Special Events and Reflections

Iran Threatens Major U.S. Tech Firms with Attacks

SpaceX's IPO Could Set Record Valuation

Perplexity AI Faces Class-Action Lawsuit Over Data Sharing

Nothing to Launch AI Smart Glasses and Earbuds

Stock Market Rebounds Amid Recovery Signs

Baidu's Robotaxis Freeze in Wuhan Traffic

Google Launches Veo 3.1 Lite to Cut Video Generation Costs

IKEA Launches Matter-Compatible Smart Home Products

OpenAI Is Falling Out of Favor With Secondary Buyers

TikTok Abandons Plans to Add Second Data Center in Ireland

Mar 31, 2026 Announcements Australian government and Anthropic sign MOU for AI safety and research

Amazon settles Teamsters case alleging it retaliated against striking workers

Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: 'Redmond is in a pickle'

Samsung’s new app claims to alleviate motion sickness using sound

Meta was finally held accountable for harming teens. Now what?

Go play this secret game in your TikTok DMs

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