DeepSeek founder declares AGI as the goal as $10bn funding round advances
DeepSeek founder declares AGI as the goal as $10bn funding round advances

Liang Wenfeng tells prospective investors the Hangzhou lab will prioritise frontier research over revenue, in its first-ever external raise. DeepSeek founder Liang Wenfeng has told prospective investors in the company’s first outside funding round that…

Meta settles bellwether Kentucky case, ending first school-district trial over youth mental health
Meta settles bellwether Kentucky case, ending first school-district trial over youth mental health

The Breathitt County settlement closes the trial that had been set for June 12 in Oakland. Roughly 1,200 similar school-district suits sit behind it. Meta has settled the first US school-district lawsuit set for trial seeking to make social media compa…

ClickUp cuts 22 per cent of staff and introduces $1 million salary bands for those who remain
ClickUp cuts 22 per cent of staff and introduces $1 million salary bands for those who remain

ClickUp, the $4 billion productivity platform, has cut 22 per cent of its workforce. CEO Zeb Evans announced the layoffs in a post on X, framing them not as a cost-cutting exercise but as a structural bet on AI. The savings, he said, will flow back to …

GitLab 19.0 bets that the real bottleneck in software delivery is everything after writing the code
GitLab 19.0 bets that the real bottleneck in software delivery is everything after writing the code

GitLab has released version 19.0, its first major version bump in a year, built around a concept the company calls intelligent orchestration. The pitch is that AI coding assistants have made writing code faster, but reviews, pipelines, security scans, …

Google’s AI search overhaul is great for Google and bad for everyone who makes the web worth searching
Google’s AI search overhaul is great for Google and bad for everyone who makes the web worth searching

Google called it the biggest change to its search box in 25 years. At I/O 2026, the company unveiled a complete overhaul of Search built around AI mode, conversational follow-ups, and autonomous agents that monitor the web on your behalf. Head of Searc…

Firefox is getting its biggest redesign in six years, and compact mode is coming back
Firefox is getting its biggest redesign in six years, and compact mode is coming back

Mozilla has officially unveiled Project Nova, the largest visual overhaul of Firefox since 2020. The redesign touches tabs, icons, spacing, colour palette, and settings, with the goal of making the browser feel warmer and faster without losing its iden…

SpaceX used a $20 billion bridge loan to slash Musk’s debt costs in half, IPO filing reveals
SpaceX used a $20 billion bridge loan to slash Musk’s debt costs in half, IPO filing reveals

Elon Musk’s strategy of folding his companies into one conglomerate is already paying off. Regulatory documents filed ahead of SpaceX’s historic IPO reveal that the company secured a $20 billion bridge loan from a group of major banks. That loan was us…

HHS launches AI initiative to detect fraud and waste in federal health programmes
HHS launches AI initiative to detect fraud and waste in federal health programmes

The Department of Health and Human Services is moving from “pay and chase” to real-time AI screening across Medicare, Medicaid, CHIP and the Marketplace. The US Department of Health and Human Services has launched an artificial intelligence initiative …

Oura files confidentially for US IPO as ring sales accelerate
Oura files confidentially for US IPO as ring sales accelerate

Oura, the Finnish company that turned a piece of finger jewellery into a serious health-tracking franchise, has filed confidentially for a US initial public offering. The filing comes less than a year after the company closed a $900m Series E that valu…

UN draft protocol would expand nations’ right to tax tech giants
UN draft protocol would expand nations’ right to tax tech giants

A May 5 draft, due to be discussed in New York in August, takes aim at where digital revenue is taxed and by whom. A new draft protocol circulating inside the United Nations tax process would let countries tax companies like Google, Amazon and Meta bas…