Seven minutes from JFK to Midtown. Joby just flew the route it plans to sell.
Seven minutes from JFK to Midtown. Joby just flew the route it plans to sell.

The flight from John F. Kennedy International Airport to the East 34th Street Heliport in Midtown Manhattan took seven minutes. By car, depending on the time of day, the same journey takes between 60 and 120 minutes. On Friday, Joby Aviation landed its…

The company that built TikTok’s algorithm is now designing drugs for diseases pharma called undruggable
The company that built TikTok’s algorithm is now designing drugs for diseases pharma called undruggable

The company that built TikTok’s recommendation algorithm, the system that predicts with unsettling accuracy what a person wants to watch next, is now using a related class of AI to predict how molecules will behave inside a human body. ByteDance’s drug…

Musk’s case against OpenAI lands roughly in its first week
Musk’s case against OpenAI lands roughly in its first week

Three days of cross-examination in Oakland produced a $130bn lawsuit’s most awkward admissions, including that xAI trains on OpenAI’s models. The judge, not the jury, will decide. Elon Musk took the stand in Oakland on Tuesday with a story he has been …

Wall Street says Oracle is a buy. The investors selling it can count to $300 billion.
Wall Street says Oracle is a buy. The investors selling it can count to $300 billion.

Oracle’s stock has fallen nearly 50 per cent since hitting a record in September and dropped 14 per cent in the six sessions through Thursday, its worst stretch in months. Of the 51 Wall Street analysts tracked by Bloomberg who follow the company, 41 h…

AI chipmaker Cerebras targets up to $4bn IPO at $40bn valuation
AI chipmaker Cerebras targets up to $4bn IPO at $40bn valuation

After a CFIUS-induced retreat in 2024, the wafer-scale chip startup is back with an OpenAI deal in its pocket and a sharper bet against Nvidia. Eighteen months ago, Cerebras Systems looked like a cautionary tale. The Sunnyvale-based AI chip startup had…

GameStop eyes eBay takeover in audacious $46 billion bet on Ryan Cohen’s e-commerce vision
GameStop eyes eBay takeover in audacious $46 billion bet on Ryan Cohen’s e-commerce vision

The video game retailer that meme traders saved from oblivion is now eyeing one of the internet’s oldest marketplaces. GameStop Corp is preparing a bid to acquire eBay Inc, according to a Wall Street Journal report published on 1 May 2026, sending eBay…

Meta missed mobile. It is building the operating system for humanoids
Meta missed mobile. It is building the operating system for humanoids

Lerrel Pinto co-founded Fauna Robotics, a startup that built an approachable bipedal robot called Sprout. He left in 2025. Amazon acquired Fauna in March, along with its 50 employees and its $50,000, three-and-a-half-foot-tall dancing humanoid, to ente…

Trump is breaking the Turnberry deal over cars. Semiconductors are next in line.
Trump is breaking the Turnberry deal over cars. Semiconductors are next in line.

The Turnberry Agreement was supposed to be the floor. Signed at Donald Trump’s golf resort in Scotland last July, the deal between the United States and the European Union set a 15 per cent tariff ceiling on nearly all EU goods entering America, includ…

The question nobody asked Zuckerberg
The question nobody asked Zuckerberg

Mark Zuckerberg’s earnings call on Wednesday was about AI. It was about the $125 billion to $145 billion Meta plans to spend on capital expenditure in 2026. It was about Llama models and recommendation engines and the advertising systems that generate …

Nebius paid $643 million for 20 people because inference is where the money is
Nebius paid $643 million for 20 people because inference is where the money is

Nebius Group, the Dutch cloud computing company that split from Russian internet provider Yandex in 2024, has agreed to acquire Eigen AI for approximately $643 million in stock and cash. The deal, announced on 1 May, is for a 20-person startup founded …