The 10 most important AI stories of May 4, 2026, hand-curated from the day's coverage. Every story links to its primary source.
OpenAI and Anthropic PBC are both forming joint ventures with some of world’s most recognizable financial institutions in a race to drive more adoption of their artificial intelligence tools.
The move marks Anthropic's latest effort to deepen its lead in the market for enterprise AI as competition intensifies with rivals including OpenAI
Cloud inference platform DeepInfra closes a $107 million in Series B funding round, backed by the likes of Nvidia and Samsung, as it aims to tackle bottlenecks in AI compute. DeepInfra CEO Nikola Borisov speaks with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
The move follows the Trump administration's feud with Anthropic.
European finance ministers are pressing Anthropic PBC to let local companies see the new Mythos AI model so they aren’t exposed to digital attacks and fall behind US peers.
BNY CEO Robin Vince discusses the impacts of AI on business, including product improvement, operational efficiency, and providing cost cutting for clients. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)
Some Amazon staff had complained about a lack of access to top AI coding tools, arguing the company risked falling behind in developer productivity.
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Two of the most powerful people in AI—Sam Altman and Elon Musk—began their face-off in court in Oakland, California, last week. Musk is suing OpenAI, alleging that the millions he spent to…
The SEC and Elon Musk agreed to settle a lawsuit filed by the regulator last year against the world's richest person.
Tim Fernholz /TechCrunch:Musk v. Altman: Stuart Russell, Musk's only AI expert witness, warned of AI risks but his concerns about AI's existential threats were excluded by the judge— When do we take AI doomers seriously? — That's a key subtext of Elon Musk's attempt to shut down OpenAI's for-profit AI business.
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