Kirkland & Ellis, the world's highest-grossing law firm, is setting aside $500M to build its own AI platform rather than rely on tools available to its rivals (Financial Times)

The Tech Buzz - Press Releases

Global AI hardware demand is easing China's concerns over a stronger yuan hurting exports, as AI hardware exports surge and chip equipment imports rise (Bloomberg) Taiwanese tech companies have completed a record $14.5B of debt deals so far this year, as they race to secure financing to meet soaring demand for AI capacity (Aileen Chuang/Bloomberg) Elisa Estonia deploys Elisa Industriq's Gridle optimization to support grid balancing and strengthen network resilience Companies are using AI at their global capability centers in India to bring more creative work in-house, cutting turnaround times and reliance on ad agencies (Reuters) Most generative AI and custom model projects will be a bust: Gartner Swiggy CEO Sriharsha Majety says his company plans to stay out of the spending war as Amazon and Flipkart ramp up their quick commerce efforts across India (Bloomberg) Payslip Secures Growth Financing to Scale AI Global Payroll Platform Payslip Secures Growth Financing to Scale AI Global Payroll Platform 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 (Patience Haggin/Wall Street Journal) ZOTAC to Celebrate 20th Anniversary with Full-Spectrum Showcases, and Anniversary-Exclusive Hardware MIT president: Why so many optimistic scientists are losing heart AI-Powered Factories Are Rewriting the Rules of Global Manufacturing Sidus Space Announces Pricing of $100 Million Registered Direct Offering of Class A Common Stock Spacecubed’s AI Fellowship Closes Soon With More Than $500,000 In Credits For Founders Chris Arroway: From Corporate America to Financial Freedom Advocate Hallucinate – Massively Multiplayer Online Rave Websites Have a New Way To Spy On Visitors: Analyzing Their SSD Activity Memo: Meta plans to embed engineers and product managers within large corporate customers as part of a new Enterprise Solutions unit to help deploy its AI tools (Jyoti Mann/The Information) Sources: the Pentagon is pursuing funding deals with US drone companies, potentially with equity stakes, to increase domestic production and lower unit costs (Wall Street Journal) FedEx Freight Holding Set to Join Dow Jones Transportation Average DRC National Football Team Cleared for 2026 FIFA World Cup Shareholder Alert: Ademi LLP Investigates Claims of Securities Fraud against Verra Mobility Corporation Shareholder Alert: Ademi LLP Investigates Claims of Securities Fraud against Zscaler, Inc. Borr Drilling Limited - Announces Increase in Tender Amount for Notes Due 2030 Last.fm announces it is an independent company again, 19 years after being acquired by CBS; it plans to keep its current team and continue the service as normal (Mariella Moon/Engadget) DRC National Football Team Cleared for 2026 FIFA World Cup Borr Drilling Limited - Announces Pricing and Upsize of $2.035 billion of Senior Secured Notes due 2032 and 2034 Ribo Announces Phase 2 Clinical Trial Submission to EMA, Further Advancing siRNA Therapeutics in Thromboembolic Disease Verra Mobility Corporation Investigation Initiated: Levi & Korsinsky Investigates the Officers and Directors of Verra Mobility (VRRM) Zscaler Investigation Initiated: SueWallSt Investigates the Officers and Directors of Zscaler (ZS) Kuaishou reports Q1 revenue up 3.4% YoY to ~$5B and Kling AI revenue up 300%+ YoY to ~$96M; Kling reached a ~$500M annualized revenue run rate in March 2026 (Coco Feng/South China Morning Post) RamAIn (YC W26) Is Hiring "US has the troops in place to attack Cuba" per Politico Bell announces offerings of Canadian MTN Debentures and US Notes Bell announces offerings of Canadian MTN Debentures and US Notes Bare metal cloud servers now cheaper and more readily available than on-prem hardware, says Nutanix CEO The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case (Jesse Hamilton/CoinDesk) Amazon is now using Japan’s iconic Shinkansen bullet trains to deliver packages CPKC receives 72-hour strike notice from IBEW Last.fm goes independent after breaking up with Paramount Skydance Justice Dept. Is Said to Open Criminal Inquiry of E. Jean Carroll Kryptokasinot.io Raises Concerns Over Proposed Cryptocurrency Restrictions in Finland's Gambling Reform Purito Seoul Expands Sales Through Global Multi-Channel Growth Casio to Release G-SHOCK Collaboration Watches Featuring XG LG Display begins mass production of world's first 240Hz RGB Stripe OLED, expanding premium monitor market Gold Novo Presents a Layering Growth Framework for DTC Jewelry Brands Informa Markets Partners with Hong Kong Tourism Board to Launch "The Festival of Connoisseurs" in Hong Kong GIGABYTE Brings ENTER INFINITY to COMPUTEX 2026, Previewing Its AI Ecosystem and Immersive Computing Experiences Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger (Michael Kan/PCMag) Google employee charged with $1M Polymarket insider trading bet on search term CITGO Petroleum Corporation Denies Allegations of Recently Filed Complaint Google engineer charged with insider trading after making $1.2M on Polymarket Can we have the day off? The Tech Buzz | The Future of Tech News & Insights Salesforce waves bye-bye to UI in 'headless' embrace SoFi says SoFiUSD, its US dollar-pegged stablecoin on Ethereum and Solana, is now available for members to buy, sell, hold, and convert within the SoFi app (Brian Danga/The Block) Why Google’s AI can’t spell Google (or anything else) DuraSack's Durable Moving Bags Available at All Fred Meyer Stores Kevin O’Leary Tells Tetr Business College’s Founder Why Consultant Resumes Go in the Garbage "Nat Gas Million$" by Jay Bhatty Launches Nationwide Joao Mingo on Why Professionals are Leveraging Brazilian Jiu-Jitsu for Elite Mental Performance The Tech Buzz | The Future of Tech News & Insights Meta’s AI Playbook Is a Warning for Every Startup Founder Biohacking Used to Cost a Fortune. Mito Red Light Is Changing That. Austin Tucker: Turning Financial Dreams into Reality for Families Nationwide Who gives a Zuck? Seattle does, apparently: Meta CEO’s giant yacht brings gawkers to Lake Union Mark Zuckerberg tells shareholders that a Meta cloud computing business is "definitely on the table" if it overspends on data centers and has excess capacity (Jonathan Vanian/CNBC) Antengene Receives CDE Endorsement to Initiate Pivotal Phase III CLINCH-3 Study of ATG-022 in CLDN18.2+ Advanced Gastric/GEJ Cancer ROLLER Partners with Adyen to Empower Over 3,000 Venues with Fast, Embedded Financing through Capital Millennium Announces Appointment of Christian Wiltrout as Chief Executive Officer Top Realtors in the United States for 2026 Fernie & Co. Real Estate Team: Redefining High-Touch Service in Toronto’s West End Aurore Nicaud Appointed Co-Chair of ABA's International Litigation & Dispute Resolution Committee You Should Not Update Your Dependencies AVAV INVESTOR ALERT: AeroVironment, Inc. Investors with Substantial Losses Have Opportunity to Lead the AeroVironment Class Action Lawsuit Illinois Legislature passes SB 315, a bill requiring annual independent third-party safety audits of leading AI companies; the bill heads to the governor's desk (Jared Perlo/NBC News) The US DOD announces a $9.7B five-year deal with Dell to provide Microsoft 365, advanced cloud subscriptions, and on-premises licensing to the US military (Garrett Downs/CNBC) Reducto Named to Redpoint's 2026 InfraRed 100 FBI Arrests CIA Official with $40M in Gold Bars in His Home US prosecutors charge Google engineer Michele Spagnuolo with using inside information to make $1.2M on Polymarket bets about Google's Year in Search results (ABC News) Google employee accused of making $1 million from insider trading on Polymarket Meta To Start Testing AI Subscription Services LG Energy Solution Vertech announces agreement with DTE Energy for 6GWh of battery energy storage systems End Kratom Addiction Announces Virginia Governor Signing in New Law Banning 7-OH and Rejecting Kratom's "Harmless" Narrative with Mandatory Addiction Warnings NatGasHub.com Launches Revolutionary Interactive Tariff Map Feature for North American Natural Gas Markets NatGasHub.com Launches VoiceNoms® -- A Revolutionary Voice-Activated Gas Nominations Platform for North America VERI Class Action Reminder - Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Veritone, Inc. Class Action Lawsuit Pelica (YC P25) Is Hiring Construction Authority Awards Construction Manager Contract for Pomona to Claremont A Line Extension ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE RESULTS OF ANNUAL MEETING OF SHAREHOLDERS Blue Origin readies New Glenn rocket to launch 48 Amazon Leo satellites after FAA clearance A Google employee allegedly used inside information to win $1.2 million on Polymarket FedEx Freight Holding Company Set to Join S&P 500; EPAM Systems and Dave to Join S&P SmallCap 600 Seasats Completes First Autonomous Transit of the Taiwan Strait Internet Traffic in Iran Increasing The Tech Buzz | The Future of Tech News & Insights U.S. FDA Approves DECNUPAZTM (pivekimab sunirine-pvzy) for Treatment of Adult Patients with Blastic Plasmacytoid Dendritic Cell Neoplasm, an Ultra-Rare and Aggressive Blood Cancer With Limited Treatment Options S&P U.S. Indices Eligible Exchanges Methodology Update Nektar Therapeutics to Participate in the 2026 Jefferies Global Healthcare Conference in New York Cohen & Steers REIT and Preferred and Income Fund, Inc. 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Techmeme · 2026-05-28 · via The Tech Buzz - Press Releases

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