Technology

Adam Demuyakor of Wilshire Lane Capital Joins Conduent Board, Effective June 1

Conduent (NASDAQ: CNDT) appointed Adam Demuyakor — founder of VC firm Wilshire Lane Capital and vice chair of the Los Angeles Housing Authority — to its board, effective June 1. He joins the Compensation, Risk Oversight, and Corporate Governance committees.

Daily Roundup

The Daily Roundup: adidas Pro Evo 3 Restock, Knicks Sweep Bid, Mandalorian's $102M Memorial Day, OpenAI DeployCo — May 25, 2026

Felix Rosenqvist wins the 110th Indy 500 by a record 0.0233 seconds, Arsenal end a 22-year Premier League drought, and the Knicks are one win from the Finals — all on Memorial Day 2026.

Technology

Meta Launches Reddit-Style Forum App, RDDT Stock Drops 6%

Meta quietly launched Forum, a standalone iOS app built around Facebook Groups and aimed squarely at Reddit. RDDT closed down nearly 6% on the news, deepening a 40% year-to-date slide.

Intelligence Brief

The Intelligence Brief: Memorial Day Inflection - $900B at Anthropic, Wemby's 41/24, and the Sneaker of the Year - May 17–23, 2026

Every Memorial Day pretends to be an inflection point — Anthropic's $900B raise, Wemby's 41/24 conference finals debut, Aston Villa's first European trophy since 1982, and the end of network late-night. This is the week.

studios

Uristocrat Studios - May 22, 2026

What shipped this week at Uristocrat Studios: four new skills (Ads Copilot, LLM Brand Visibility Agent, Local Lead Prospector), search on the catalog, a monorepo migration, and the first third-party authors on the store.

Technology

OpenAI Reports $5.7 Billion Q1 Revenue, $1 Billion Ahead of Anthropic

OpenAI generated $5.7 billion in Q1 2026 — about $1 billion more than Anthropic and the company's strongest quarter to date, per The Information. Codex and the enterprise API line drove most of the surge. Anthropic's gap is structural: enterprise demand has outrun the compute it has under contract.

Technology

Alibaba Releases Qwen3.7-Max Agent Model With 69.7 on Terminal-Bench 2.0

Alibaba's Qwen team released Qwen3.7-Max, a proprietary agent foundation model that posts a 69.7 on Terminal-Bench 2.0-Terminus, sustains 35-hour autonomous runs across 1,000+ tool calls, and is benchmarked to run inside Claude Code, OpenClaw, and Qwen Code.

Technology

Microsoft Is in Talks to Sell Anthropic Its Maia 200 AI Chips

Six months after Microsoft's $5B investment and Anthropic's $30B Azure commitment, the two companies are negotiating to put Claude workloads on Microsoft's custom Maia 200 chips. The deal would give Anthropic a fourth compute supplier and Microsoft its first major external Maia customer.

Technology

Cursor Hits $3 Billion ARR With SpaceX Holding a $60 Billion Buy Option

Cursor's annualized revenue passed $3 billion in late April with 3,000 customers paying at least $100,000 a year. SpaceX holds a 30-day option to buy the company for $60 billion after it lists June 12 — or pay a $10 billion break fee.

Technology

Trump Postpones AI Executive Order Signing Hours Before Tech CEO Summit

Trump pulled the planned AI executive order signing hours before tech CEOs including Dario Amodei were due at the White House, saying he didn't like certain aspects. The draft would have required labs to share new models with the federal government 90 days before release.

Daily Roundup

The Daily Roundup: Nigel Sylvester x Air Jordan 4 'Brick After Brick', Knicks Take 2-0 on Cavs, Mandalorian & Grogu Opens, and Google I/O Aftershocks — May 22, 2026

Nigel Sylvester's Air Jordan 4 Brick After Brick ($230) drops today. Knicks lead Cavs 2-0 in the ECF, The Mandalorian & Grogu opens nationwide, and Google I/O aftershocks continue to ripple through tech.

Technology

Spotify and Universal Music Sign Licensing Deal for AI-Generated Covers and Remixes

Spotify and UMG announced a landmark licensing agreement letting Premium subscribers create AI covers and remixes of opted-in UMG artists' songs — the first major-label AI framework inside a mainstream streaming service.