Fidji Simo / Instacart Corporate Blog: In an email to Instacart employees, Fidji Simo says the new CEO will be an existing member of the management team and she will stay on as Chair of the Board  —  Instacart CEO and Chair Fidji Simo shared the email below with Instacart employees this evening.  You can read it in full here: Lees verder op Tech Meme

Kevin Purdy / Ars Technica: Interview with curl project founder Daniel Stenberg, who likens “AI slop” in HackerOne submissions to a DDoS attack, echoing concerns of others like Seth Larson  —  “A threshold has been reached.  We are effectively being DDoSed.  If we could, we would charge them for this waste of our time … Lees verder op Tech Meme

Alexander Marrow / Reuters: Nebius Group’s Toloka, which uses human experts to train and evaluate AI models and has worked with Amazon and Anthropic, raised $72M led by Bezos Expeditions  —  Jeff Bezos’ personal firm Bezos Expeditions is leading a $72-million investment in artificial intelligence data solutions company Toloka … Lees verder op Tech Meme

Daniel Cancel / Bloomberg: Latin American e-commerce and fintech giant MercadoLibre reports Q1 revenue up 37% YoY to $5.9B, $494M in net income, and Argentina revenue up 125% YoY to $1.3B  —  E-commerce and fintech giant MercadoLibre Inc. beat analysts’ expectations in the first quarter of the year … Lees verder op Tech Meme

David Shepardson / Reuters: In prepared Senate testimony, Microsoft and others urge US lawmakers to streamline federal AI energy permits and open government data sets for AI training  —  Microsoft (MSFT.O) and other AI leaders on Thursday will urge U.S. lawmakers to streamline federal permitting for artificial intelligence energy needs … Lees verder op Tech Meme

Sam Altman / @sama: OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he’ll stay CEO focusing “on research, compute, and safety”  —  so excited that @fidjissimo is joining openai in a new role: ceo of applications, reporting to me. i’ll remain ceo of openai, but in this new configuration i’ll be able to increase my focus on research, compute, and safety. these are critical as we approach superintelligence. Lees verder op Tech Meme

Kritika Lamba / Reuters: Bumble reports Q1 revenue down 7.7% YoY to $247.1M, in line with $246.2M est., with Bumble app paying users falling ~1% YoY to 2.7M; BMBL jumps ~7% after hours  —  Bumble (BMBL.O) reported a more than 7% fall in first-quarter revenue on Wednesday, but met Wall Street estimates … Lees verder op Tech Meme

Mark Gurman / Bloomberg: Eddy Cue’s disclosure of Apple’s plan to shift its browser to AI systems had a clear goal of downplaying the importance of Apple’s search deal with Google  —  Apple Inc. made an unusual pitch in its bid to save a lucrative search partnership with Alphabet Inc.’s Google … Lees verder op Tech Meme