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Analysis: newly announced US tariffs for goods from China could raise the bill of materials for the iPhone 16 Pro with 256GB of storage from ~$550 to ~$850 (Wall Street Journal)
Foxconn reports Q1 revenue up 24.2% YoY to $49.5B, driven by AI demand, but says the impact of evolving global political conditions will need “close monitoring” (Ben Blanchard/Reuters)
DeepSeek and Tsinghua University researchers detail an approach combining reasoning methods to let LLMs deliver better and faster results to general queries (Xinmei Shen/South China Morning Post)
SandboxAQ, which uses quantum computing to develop AI, raised a $150M Series E extension from Google, Nvidia, and others, taking its total funding to $950M+ (Krystal Hu/Reuters)

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