Kif Leswing / CNBC:
CoreWeave receives Nvidia's Blackwell Ultra servers built by Dell, becoming the first cloud provider to install systems based on Nvidia's latest AI chips  —  Nvidia's Blackwell Ultra chips, the company's next-generation graphics processor for artificial intelligence, have been commercially deployed …

Anthony Hughes / Bloomberg:
Austin-based Ambiq Micro, which makes ultra-low power chips, files for an IPO and reports an $8.3M net loss on $15.7M in revenue in the three months to March 31  —  The Austin-based company's chips are used in personal devices like fitness trackers, and industrial applications such as crop monitoring …

Will Oremus / Washington Post:
An interview with X VP of Product Keith Coleman about plans to let developers program AI agents to propose Community Notes, the old system, and more  —  The Washington Post's essential guide to tech policy news  —  Send news tips to: will.oremus@washpost.com

Ben Weiss / Fortune:
The Open Platform, a key TON developer that is behind Telegram's crypto Wallet, raised a $28.5M Series A at a $1B valuation, bringing its total funding to $70M+  —  Telegram is one of the most popular messaging apps in the world.  —  Crypto has a new unicorn.

Ryan Gould / Bloomberg:
Thoma Bravo strikes a $2B deal to acquire restaurant software maker Olo, paying $10.25 per share, representing a 65% premium over Olo's share price on April 30  —  Thoma Bravo has struck a $2 billion deal to acquire restaurant software maker Olo Inc. in a sign that private equity firms …