#Aot

From Techmeme: Seattle-based CopilotKit, whose popular AG-UI protocol lets developers deploy app-native AI agents, raised a $27M Series A led by Glilot, NFX, and SignalFire (Ram Iyer/TechCrunch)

From Techmeme: Hachette, Macmillan, McGraw Hill, Elsevier, and Cengage, alongside novelist Scott Turow, file a class-action copyright lawsuit against Meta and Mark Zuckerberg (Alexandra Alter/New York Times)

From Techmeme: Dutch quantum processor company QuantWare raised a $178M Series B from Intel, In-Q-Tel, and others to build KiloFab, a dedicated quantum manufacturing facility (Tamara Djurickovic/Tech.eu)

From Techmeme: Sources: China targets 70%+ of silicon wafers used by its chipmakers to be made domestically by 2026; chipmakers see an unspoken mandate to use local 12" wafers (Nikkei Asia)

From Techmeme: RadixArk, led by former xAI employee Ying Sheng, raised a $100M seed at a $400M valuation to make AI inference more efficient via its open-source SGLang engine (Meghan Bobrowsky/Wall Street Journal)

From Techmeme: a16z crypto raised $2.2B for its fifth fund, down from its record $4.5B Fund 4 in May 2022, taking its total capital raised across five funds to ~$9.8B (Yogita Khatri/The Block)

From Techmeme: The US Commerce Department's CAISI says Google, Microsoft, and xAI join OpenAI and Anthropic in granting early access to evaluate models prior to public release (Bloomberg)

From Techmeme: Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying "AI is changing how we work" (Reuters)

From Techmeme: Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre-market (Ignacio Gonzalez/Bloomberg)

From Techmeme: Zyg, an AI startup by ironSource's founders to automate business functions, raised $60M led by Accel at a $500M valuation, two months after exiting stealth (Marissa Newman/Bloomberg)

From Techmeme: Meta says it will expand Instagram teen account safeguards to 27 EU countries, and plans to roll them out on Facebook in the US, ahead of the UK and EU in June (Foo Yun Chee/Reuters)

From Techmeme: Microsoft's 2026 Work Trend Index: a survey of 20K AI users finds 65% fear falling behind, but only 13% report being rewarded for workplace AI experimentation (Todd Bishop/GeekWire)

From Techmeme: Meta is using AI on Facebook and Instagram to detect under-13 users by analyzing bone structure, height, and visual cues, but says it's "not facial recognition" (Emma Roth/The Verge)

From Techmeme: PayPal reports Q1 net revenue up 7% YoY to $8.4B, total payment volume up 11% YoY to $464B, active accounts up 1% to 439M, and seeks $1.5B+ in cost savings (Paige Smith/Bloomberg)

From Techmeme: Crypto exchange Bullish agrees to acquire Equiniti, a UK-based financial services outsourcing business, from Siris Capital in a $4.2B deal, set to close in 2027 (Emily Nicolle/Bloomberg)

From Techmeme: Investigation: an inheritance dispute over an ex-LG chair's estate prompts a criminal complaint over how the dynastic South Korean chaebol family divides assets (New York Times)

From Techmeme: Source: YC owns ~0.6% of OpenAI, which was seeded by a YC offshoot called YC Research in 2016; at OpenAI's current $852B valuation, the stake is worth $5B+ (John Gruber/Daring Fireball)

From Techmeme: Nscale agrees to spend €695M on infrastructure in Portugal in an expansion of its Microsoft partnership, supplying 66K+ Nvidia Rubin GPUs from late 2027 (Paula Doenecke/Bloomberg)

From Techmeme: In Q1, the iPhone 17 was the world's best-selling smartphone, with 6% of global sales; the iPhone 17 Pro Max and 17 Pro were 2nd and 3rd, and Galaxy A07 was 4th (Counterpoint Research)

From Techmeme: Letter: UK-based Google DeepMind workers voted to unionize with the Communication Workers Union and Unite in April, representing 1K+ staff, amid the US DOD deal (Alice Speri/The Guardian)