Ruth Olurounbi / Bloomberg:
Nigeria’s Information Ministry says Binance CEO Richard Teng “made false allegations of bribery” against unnamed Nigerian officials, after a $150M bribe claim  —  – Government says allegation ‘lacks any iota of substance’  — Binance under pressure amid focus on crypto role in naira woes

William Gallagher / AppleInsider:
Apple releases an iPad Pro ad, titled “Crush”, showing paints, toys, guitars, and more being crushed to reveal the device, drawing criticism on social media  —  The minute-long Apple ad showing art equipment and materials being crushed down into the new iPad Pro is being called heartbreaking, wanton, and creepy.

Bloomberg:
Google DeepMind CEO Demis Hassabis says AI breakthroughs in biology research could be a $100B+ business, commercialized via DeepMind spinout Isomorphic Labs  —  First AI-designed drugs may be ready for testing in “next couple of years,” Google’s AI boss Demis Hassabis tells Bloomberg Television

Michael Peel / Financial Times:
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model of life’s building blocks and their interactions within cells, with sophisticated forecasts  —  AlphaFold 3 aims to reveal biological secrets and boost drug search efforts  —  Google DeepMind has unveiled …

Tom Warren / The Verge:
Microsoft plans to add a new auto-complete feature that offers suggestions to improve AI prompts to Copilot for Microsoft 365 in the coming months  —  Microsoft is attempting to solve the problem of coming up with a good prompt for generative AI, aiming to turn everyone into a prompt engineer.

Stephanie Palazzolo / The Information:
DatologyAI, which aims to help researchers better curate AI training datasets, raised a $46M Series A led by Felicis, after a $11.65M seed in February 2024  —  For all that’s leaked about the sizes and architectures of the advanced large language models developed by OpenAI and its ilk …

Kyle Wiggers / TechCrunch:
Israeli drone startup Xtend, which lets operators orchestrate teams of drones and robots, raised $40M led by Chartered Group at a ~$110M post-money valuation  —  Close to a decade ago, brothers Aviv and Matteo Shapira co-founded Replay, a company that created a video format for 360-degree replays …

Jennifer Pattison Tuohy / The Verge:
The Connectivity Standards Alliance releases Matter 1.3, adding support for more appliances, energy and water management, and new casting protocol features  —  The latest Matter spec brings a number of improvements to the smart home standard founded by Apple, Google, Amazon, and Samsung.

Lynn Doan / Bloomberg:
Intel expects Q2 revenue to be “below the midpoint” of the previously guided $12.5B to $13.5B range after a new US ban on Huawei chip exports  —  Intel Corp. expects second-quarter revenue to fall below the midpoint of previously issued projections because of a new US ban on chip exports to Huawei Technologies Co.

Reuters:
Sources: US prosecutors are examining if Tesla committed securities or wire fraud by misleading investors and consumers about Autopilot and Full Self-Driving  —  U.S. prosecutors are examining whether Tesla (TSLA.O) committed securities or wire fraud by misleading investors and consumers …