Sources and analyst estimates: Uber is on track to spend $7.5B+ on buying robotaxis and $2.5B+ on equity stakes in their makers over the next few years (Financial Times)
Sources: Amazon is in advanced talks to acquire satellite operator Globalstar in a deal that could be announced as soon as Tuesday; GSAT jumps 15%+ pre-market (Bloomberg)
Google designates "back button hijacking" as malicious, saying sites interfering with a browser's back button function may be demoted in Search starting in June (Abner Li/9to5Google)
A profile of Jeffrey Yan and his startup Hyperliquid, a $10B crypto exchange that never took VC money and generated $900M+ in profit in 2025 with 11 employees (Dom Cooke/Colossus)
Law firms say lawyers are spending more time responding to swaths of AI-generated client documents, potentially leading firms to raise fixed-fee contract prices (Elizabeth Bratton/Financial Times)
Sources: SoftBank, Sony, Honda, and six other Japanese companies launch a new AI company to develop a 1T-parameter foundation model for "physical AI" by 2030 (Natsuki Yamamoto/Nikkei Asia)
Sources: Meta is building photorealistic, AI-powered 3D characters; Zuckerberg helped train and test an AI version of himself that offers feedback to employees (Financial Times)