📖 2 min read
Happy Saturday, AI watchers. Here is what happened today while you were (hopefully) touching grass.
DeepSeek V4 Drops – and It Runs on Huawei Chips
The biggest headline this weekend: DeepSeek launched preview versions of V4-Pro and V4-Flash, its new flagship models. The kicker? They are optimized for Huawei Ascend chips, not Nvidia. A year after DeepSeek shook up Silicon Valley with its low-cost approach, the Chinese startup is now doubling down on domestic hardware. The US State Department responded by ordering embassies worldwide to raise alarms about alleged IP theft by Chinese AI labs. The AI cold war just got chillier.
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Google Bets $40 Billion on Anthropic
Google confirmed plans to invest up to $40 billion in Anthropic, the company behind Claude. This dwarfs previous AI startup funding rounds and signals that Big Tech sees the frontier lab race as a two-horse game between OpenAI and Anthropic. For context, this single investment is larger than the entire GDP of some small countries. The stakes in AI infrastructure keep climbing – hyperscalers are now on track to spend over $720 billion on AI capex this year alone.
Meta and Microsoft Cut 20,000 Jobs
While billions flow into AI labs, the humans are feeling the squeeze. Meta announced it will cut 10% of its workforce (roughly 8,000 people) effective May 20, while Microsoft is offering employee buyouts for the first time in its 51-year history. Combined with broader tech layoffs, over 92,000 tech workers have lost their jobs in 2026 so far. The r/technology thread on this is blowing up – the prevailing sentiment is that companies are replacing headcount with AI spend, not just “restructuring.”
Reddit Hot Take
Over on r/ArtificialIntelligence, one post is getting traction with the claim that “2026 is the last year in human history where AI is inferior to humans in legal, financial, and investment banking analysis.” Spicy? Sure. But given what DeepSeek and Anthropic shipped this week alone, the timeline might not be as unhinged as it sounds.
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That is the wrap. If you want deeper dives on AI investing angles, check out BetOnAI.net. For the best AI tools and reviews, head to AiToolCrush.com.
See you tomorrow.