Tech News — May 6, 2026

Tech News — May 6, 2026 | Trace

The day in brief

What connected the day

20 topics

01
4 sources · 7 updates
Brockman Testifies Against Musk in OpenAI Trial
In a high-profile trial, Greg Brockman, co-founder of OpenAI, provided testimony countering Elon Musk's claims regarding the company's origins and his involvement. Brockman revealed that Musk had OpenAI employees work on Tesla's self-driving technology for months without compensation, while Musk threatened to withdraw funding during tense negotiations over control of OpenAI.
- $50 billion is the projected amount OpenAI will spend on computing in 2026, a significant increase from $30 million in 2017.
- Brockman stated that Musk's equity stake in OpenAI is valued between $20 billion and $30 billion.
02
4 sources · 5 updates
Google Enhances AI Capabilities with New Features and Plans
Google has rolled out significant upgrades across its AI offerings, including the introduction of the Remy AI agent for the Gemini app, which automates user tasks and integrates with services like Gmail and Calendar. Additionally, the Gemini 3.1 update for Google Home allows users to issue complex multi-step commands and manage devices through a new web interface.
- Remy is currently being tested exclusively with Google employees, with no public release date announced.
- Gemini now allows users to set up to 1,000 active instructions in Google Docs to streamline repetitive tasks.
03
4 sources · 4 updates
OpenAI's AI Phone Set for 2027 Release
OpenAI is accelerating the development of its first smartphone, targeting a launch in early 2027. The device will feature a customized MediaTek Dimensity 9600 chip designed for AI applications, aiming to replace traditional apps with an AI agent task stream. Analysts predict that combined shipments could reach around 30 million units by 2028.
- OpenAI is collaborating with former Apple design head Jony Ive on the project.
04
3 sources · 4 updates
Apple to Pay $250 Million Over Siri Lawsuit
Apple has agreed to a $250 million settlement in a class action lawsuit that accused the company of misleading customers about the AI capabilities of Siri ahead of the iPhone 16 launch. The lawsuit claimed that Apple exaggerated the availability of these features, which were gradually rolled out after the device's release.
- Apple denies any wrongdoing but aims to resolve the lawsuit to concentrate on innovation and upcoming product developments.
05
3 sources · 3 updates
Apple Revamps Siri with Customizable AI Models
Apple is set to enhance Siri's functionality by allowing users to select from various third-party AI models in its upcoming iOS 27 update. This new feature, known as 'Extensions', will also be available on iPadOS 27 and macOS 27, aiming to create a more integrated AI experience across Apple's ecosystem.
- Users will be able to choose AI models from Google and Anthropic, with other options potentially available in the future.
- Siri will feature different voices based on the selected AI model, providing a more personalized user experience.
06
2 sources · 2 updates
Google Enhances AI Search with Reddit Insights
Google has updated its AI search functionality to include user-generated insights from platforms like Reddit and other web forums. This new feature, known as 'Expert Advice,' aims to provide users with firsthand perspectives related to their queries, enhancing the overall search experience. The AI Overviews now boast a 90% accuracy rate, although some inaccuracies may still occur.
- Users will see creator names and community handles alongside AI-generated responses for better context.
- The update is designed to connect users with firsthand advice from social media and forums.
07
2 sources · 2 updates
Chrome for Android Introduces Approximate Location Sharing
Approximate and Location saw 2 notable updates in the last 24 hours across 2 sources. The story moved from Chrome for Android will let you just share approximate location to Chrome on Android now supports approximate instead of precise location sharing.
- New APIs will enable developers to specify when precise location information is essential for their sites.
08
2 sources · 3 updates
Samsung Surges Past $1 Trillion Valuation Amid AI Chip Demand
Samsung Electronics has achieved a remarkable milestone by surpassing a $1 trillion market valuation, driven by soaring demand for its AI chips. The company's shares surged over 15%, and its first-quarter operating profit skyrocketed to 57.2 trillion won, significantly exceeding its full-year profit forecast for 2025.
- Samsung's stock reached a record high, contributing to the Kospi index exceeding 7,000 for the first time.
- The company's shares have more than quadrupled in the past year, marking it as the second Asian company to reach a $1 trillion valuation after TSMC.
09
2 sources · 2 updates
Uber's Strong Bookings Forecast Signals Growing Demand
Uber Technologies Inc. has projected total gross bookings for Q2 2026 to be between $56.25 billion and $57.75 billion, exceeding analyst expectations of $56.23 billion. This positive outlook is attributed to robust demand from US commuters and travelers, despite ongoing geopolitical tensions in the Middle East.
- Uber's Q1 revenue grew 14% year-over-year to $13.2 billion, but fell short of the $13.29 billion estimate.
- The company's net income dropped to $263 million, down from $1.78 billion a year earlier.
10
2 sources · 3 updates
Super Micro Stock Soars Following Strong Earnings Guidance
Super Micro Computer saw its shares jump 18% after announcing a robust earnings forecast, despite reporting Q3 revenue of $10.24 billion, which fell short of analyst expectations. The company anticipates adjusted earnings per share between 65 to 79 cents for Q4, signaling strong demand for its AI servers and improved profit margins.
- Super Micro's revenue increased 123% year-over-year despite industry-wide supply constraints.
- The projected fiscal fourth-quarter revenue is between $11.2 billion and $12.5 billion.
11
2 sources · 2 updates
Anthropic Unveils AI Agents for Financial Services
Anthropic has launched a suite of 10 AI agents designed to automate various tasks in the financial sector, including banking, insurance, and asset management. The new tools can draft pitch decks, review financial statements, and manage compliance issues, and the company has partnered with major firms like Goldman Sachs and AIG to enhance their capabilities.
- FactSet shares fell by 8.1% following the announcement of the AI agents.
- The AI agents can operate autonomously or as plugins, utilizing a network of external financial data sources.
12
2 sources · 2 updates
Meta Implements AI for Underage User Detection
Meta is deploying AI technology to analyze visual cues such as height and bone structure to identify users under the age of 13 on its platforms, including Facebook and Instagram. This initiative comes in response to a $375 million penalty related to child safety concerns and aims to enhance age verification processes across multiple regions.
- The AI system is currently operational in select countries with plans for a broader rollout.
- Meta is expanding stricter 'Teen Accounts' to 27 countries in the EU and Brazil.
13
2 sources · 2 updates
Amazon Photos App Revamped for iPhone Users
Amazon has launched a major redesign of its Photos app for iPhone, introducing a curated carousel of memories that replaces the traditional photo grid. The updated app enhances the 'On This Day' feature, making it easier for users to revisit photos from the same date in previous years. While the revamped app is currently available for iPhone users, an Android version is expected to follow soon.
- Unlimited photo storage is available for Prime members, with video storage options starting at $0.99/month.
14
1 sources · 3 updates
Samsung Unveils Galaxy Ring 2 with Enhanced Features
Samsung has announced that the Galaxy Ring 2 is set to launch in early 2027, featuring significant upgrades including an extended battery life of 9-10 days and improved health sensors for better sleep analysis and cardiovascular insights. The new model aims to enhance user comfort by reducing its thickness and weight, while also targeting non-invasive blood glucose management as a potential feature.
- The original Galaxy Ring was launched in 2024 at a price of $399.
15
1 sources · 1 updates
SpaceX Flags at Least $55 Billion Investment in Chip Plant
SpaceX has revealed plans to build a chip factory alongside Tesla, estimating the investment at a minimum of $55 billion. This ambitious project underscores the growing demand for semiconductor manufacturing, especially as both companies aim to leverage advanced technologies in their operations.
- SpaceX's planned chip factory investment could exceed $55 billion.
- This investment is part of a collaboration with Tesla Inc..
16
1 sources · 2 updates
Microsoft Considers Scaling Back Clean Energy Goals
Microsoft is reevaluating its commitment to achieving 100% renewable energy for its data centers by 2030, potentially delaying or abandoning this target. This consideration arises in response to a significant increase in demand for data center capacity, prompting the tech giant to reassess its energy strategy.
- Nscale Plans Expansion of Microsoft Data Center Site in Portugal. Nscale to invest €695 million in Portugal data center expansion.
17
1 sources · 1 updates
Mexican Drug Cartels Use TikTok for Recruiting, Amplifying Propaganda
Mexican drug cartels are turning to TikTok as a powerful tool for recruitment and propaganda, leveraging the platform's vast reach to attract new members and amplify their messages. This development underscores a notable shift in the tactics employed by these organizations, adapting to the digital age to enhance their influence and operational capabilities.
- Cartels are increasingly using TikTok to attract new members and spread their messages.
- The trend highlights the evolving landscape of digital recruitment in organized crime.
18
1 sources · 1 updates
Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging
Uber and Disney are experiencing significant stock surges, attributed to resilient consumer spending in the face of rising gasoline prices and economic concerns. Uber reported a 34% increase in delivery revenue, while Disney's experiences division saw a 7% rise in quarterly revenue, showcasing strong demand for rides, food delivery, vacations, and theme park visits.
- Uber's delivery revenue rose 34% to $5.07 billion in the latest quarter.
- Disney's experiences division generated nearly $9.5 billion in quarterly revenue, up 7%.
19
1 sources · 1 updates
US government increases AI suppliers and rethinks Anthropic’s role
The US government has expanded its list of favored AI suppliers by adding Microsoft, Amazon, Nvidia, and Reflection AI, allowing their technologies to be used in classified operations. This move comes amid a dispute with Anthropic AI, whose CEO has expressed concerns that their technology could be used for surveillance and autonomous weapons, leading to the Pentagon's cancellation of a $200 million contract with the company. Despite this, Anthropic's AI remains in use by certain US security agencies.
- The Pentagon has signed agreements with Microsoft, Amazon, Nvidia, and Reflection AI.
- Anthropic's CEO claims the government's use of their tech poses surveillance risks.
20
1 sources · 1 updates
Microsoft’s Office and LinkedIn chief now runs Teams in latest reshuffle
In a significant leadership reshuffle, Microsoft has appointed Ryan Roslansky, previously head of LinkedIn and Office, to lead the Teams organization as part of the new Work Experiences Group. This change follows the retirement of Rajesh Jha, who had a long tenure at Microsoft, and aims to redistribute his extensive responsibilities across the company.
- Ryan Roslansky now leads Microsoft Teams and the new Work Experiences Group.
- Charles Lamanna will oversee the Copilot, Agents, and Platform team, expanding his responsibilities.

The archive

What moved

Bloomberg Technology

SpaceX Flags at Least $55 Billion Investment in Chip Plant

SpaceX plans a massive investment in chip manufacturing.

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Bloomberg Technology

Apple to Let Users Choose Rival AI Models Across Its iOS 27 Features

Apple introduces rival AI model selection for iOS 27.

Read source

The tech day has moved on.

What connected the day

Brockman Testifies Against Musk in OpenAI Trial

Google Enhances AI Capabilities with New Features and Plans

OpenAI's AI Phone Set for 2027 Release

Apple to Pay $250 Million Over Siri Lawsuit

Apple Revamps Siri with Customizable AI Models

Google Enhances AI Search with Reddit Insights

Chrome for Android Introduces Approximate Location Sharing

Samsung Surges Past $1 Trillion Valuation Amid AI Chip Demand

Uber's Strong Bookings Forecast Signals Growing Demand

Super Micro Stock Soars Following Strong Earnings Guidance

Anthropic Unveils AI Agents for Financial Services

Meta Implements AI for Underage User Detection

Amazon Photos App Revamped for iPhone Users

Samsung Unveils Galaxy Ring 2 with Enhanced Features

SpaceX Flags at Least $55 Billion Investment in Chip Plant

Microsoft Considers Scaling Back Clean Energy Goals

Mexican Drug Cartels Use TikTok for Recruiting, Amplifying Propaganda

Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging

US government increases AI suppliers and rethinks Anthropic’s role

Microsoft’s Office and LinkedIn chief now runs Teams in latest reshuffle

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SpaceX Flags at Least $55 Billion Investment in Chip Plant

Apple to Let Users Choose Rival AI Models Across Its iOS 27 Features

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Google updates AI search to include ‘expert advice’ from Reddit and other web forums

Khosla-backed robotics startup Genesis AI has gone full-stack, demo shows

Airlines spent 56.4% more on jet fuel in month after Iran war started, U.S. government says

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