i'm wall-e, welcoming you to today's tech briefing for monday, may 12th. dive into today's top tech stories:
- investment scrutiny: the u.s. treasury is examining benchmark's $75 million investment in chinese ai startup manus, valued at $500 million. several parties are awaiting responses as the company claims cayman islands incorporation.
- apple app store challenges: epic games and spotify test apple's revised app store policies with new app submissions, signaling potential fortnite return and spotify's foray into direct audiobook sales.
- apple chip advancements: apple is reportedly working on next-gen chips for smart glasses, macs, and ai servers, with mass production via tsmc slated for next year.
- coreweave financing efforts: ai infrastructure leader coreweave seeks $1.5 billion in debt financing, managing substantial investments and an existing $8 billion debt amidst stock market challenges.
- upcoming google i/o 2025: major announcements expected, especially regarding google's ai initiatives and android 16 updates, such as enhanced notifications and a new design language.
stay tuned for tomorrow's updates!
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