Articles from www.wsj.com

Articles from www.wsj.com

After hitting their annual AI budget in months or seeing their AI bills double or triple due to “tokenmaxxing”, some companies are rationing or tracking AI use (www.wsj.com)
2026-5-30 AI Budget

The CFTC moves to vacate a $5M settlement with Gemini, reversing a Biden-era enforcement action, following a lobbying campaign by the Winklevoss twins (www.wsj.com)
2026-5-29 CFTC

IBM and Red Hat commit $5B to establish a new model for open-source software, dubbed Project Lightwell, and will deploy 20,000 engineers, supported by AI (www.wsj.com)
2026-5-28 IBM AI

As Google plans to build a $15B AI data center hub in India's Visakhapatnam, locals and rights groups are raising concerns over “extremely high” water stress (www.wsj.com)
2026-5-28 India Google AI

Mistral says it is accelerating superintelligence development to ensure Europe's independence from US tech giants, and signs deals to supply Airbus and BMW (www.wsj.com)
2026-5-28 Europe Airbus

Trade Desk's market cap fell ~70% from a December 2024 peak as it contends with frustrated agency partners, competition from Google, and a new entrant, Amazon (www.wsj.com)
2026-5-28 Google Amazon

Sources: the Pentagon is pursuing funding deals with US drone companies, potentially with equity stakes, to increase domestic production and lower unit costs (www.wsj.com)
2026-5-28 Drone Equity Pentagon

Robinhood launches a feature to let users link AI agents, such as Claude or Cursor, to separate, dedicated investment accounts to trade stocks autonomously (www.wsj.com)
2026-5-27 AI

The Shanghai Stock Exchange says memory maker CXMT cleared a listing review for the exchange's Nasdaq-like STAR Board, in what could be China's top IPO in 2026 (www.wsj.com)
2026-5-27 China IPO Shanghai

Temu owner PDD reports Q1 revenue up 11% YoY to ~$15.7B, below ~$16.2B est., net profit down 15% to ~$1.85B, below ~$3.4B est., amid fierce competition in China (www.wsj.com)
2026-5-27 China

Spain says it is blocking Polymarket and Kalshi as a precautionary measure while it probes possible gambling law violations over the next three to four months (www.wsj.com)
2026-5-26 Spain

A growing number of execs are creating AI digital twins to manage tasks; Reid Hoffman says “Reid AI” has delivered 75+ addresses and presentations since 2024 (www.wsj.com)
2026-5-25 AI

A profile of Meta CTO Andrew “Boz” Bosworth, a top lieutenant of Mark Zuckerberg who is leading the gargantuan effort to transform Meta into an AI-first company (www.wsj.com)
2026-5-25 AI Zuckerberg

Hands-on with a pre-release build of Google Docs Live, an AI-powered voice tool for drafting documents, rolling out this summer to AI Pro and Ultra subscribers (www.wsj.com)
2026-5-24 Google AI

Cloudflare CEO Matthew Prince says AI won't replace builders or sellers, but it will affect middle managers, operations jobs, and other “measuring” positions (www.wsj.com)
2026-5-23 AI

The US Ambassador to Canada accuses Canada of imposing trade barriers by requiring that US streamers contribute 15% of Canadian revenue to local programming (www.wsj.com)
2026-5-23 Canada programming

Sources and data: billions in crypto went through Binance to Iranian regime-linked networks in the two years before the US-Iran war; Binance denies wrongdoing (www.wsj.com)
2026-5-22 Iran

Meta joins TikTok, Snap, and YouTube in settling with a Kentucky school district to avoid a trial over claims the platforms were designed to addict kids (www.wsj.com)
2026-5-22 YouTube

Netflix and iHeartMedia say Charlamagne tha God's The Breakfast Club will stream live on Netflix on weekdays from June 1, the service's first daily live show (www.wsj.com)
2026-5-21 Netflix

The US Commerce Department plans to award $2B in grants to nine quantum computing companies and will take equity stakes; IBM is set to get $1B of the package (www.wsj.com)
2026-5-21 IBM Equity Quantum

Higgsfield AI premieres Hell Grind, a 95-minute fully AI-generated film, at Cannes and says it took two weeks and cost $500K to make, of which $400K was on AI (www.wsj.com)
2026-5-21 AI

AMD pledges to invest $10B+ in Taiwan's chip industry to expand partnerships and advanced chip packaging for AI, and begins making its next-gen Venice chips (www.wsj.com)
2026-5-21 Taiwan AI AMD

In disclosures to investors, Anthropic says it expects to generate $10.9B in revenue in Q2, vs. $4.8B in Q1, and turn a $559M operating profit, its first ever (www.wsj.com)
2026-5-21

Nvidia reports Q1 net income up 211% YoY to $58.3B, beating analyst estimates of $42.9B, and raises Q2 revenue forecast to $91B (www.wsj.com)
2026-5-21 Nvidia

Airbnb says it is adding luggage storage, airport pickups, car rentals, grocery delivery, and thousands of boutique and independent hotels to its platform (www.wsj.com)
2026-5-21 Airbnb

Sources: OpenAI is preparing to file confidentially for an IPO as early as Friday (www.wsj.com)
2026-5-21 IPO

On-demand manufacturing startup SendCutSend raised $110M co-led by Sequoia, Paradigm, and Stripe co-founders Patrick and John Collison, valuing it at $1B (www.wsj.com)
2026-5-20 Startup Manufacturing

Analog Devices agrees to buy Empower Semiconductor, which makes chips used to regulate voltage, for $1.5B in cash (www.wsj.com)
2026-5-20

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 (www.wsj.com)
2026-5-19 Tax KPMG

Sources: Google and Blackstone plan to create an AI cloud company to monetize Google's TPUs to external parties; Blackstone plans to put $5B in the venture (www.wsj.com)
2026-5-19 Google AI

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