The CFTC is suing states over local bans on prediction markets like Kalshi, claiming exclusive federal jurisdiction over these markets. This legal battle could redefine regulatory boundaries between finance and gambling, with the DOJ's involvement highlighting the federal focus on potential insider trading.

Google Vids launches AI-enhanced video creation tools with Veo 3.1, allowing users to generate high-quality videos, custom music, and AI avatars. These features streamline video production, integrating seamlessly with YouTube for easy publishing and offering professionals a robust platform for content creation.

Naughty Dog canceled The Last of Us Online in 2023, highlighting industry tension between live-service games and single-player narratives. The move reflects shifting priorities amidst changing market conditions.

IBM and Arm are collaborating to create dual-architecture hardware designed for AI and data-heavy workloads, enhancing enterprise infrastructure flexibility. This partnership aims to broaden virtualization capabilities and software ecosystems, while maintaining security and scalability, potentially reducing reliance on traditional VMware setups.

Penguin Solutions reported a 63% increase in net sales to $172 million, driven by AI demand and strategic diversification of its customer base. The company is shifting its focus to AI services and optimized memory solutions, while facing challenges from high-interest rates and supply chain pressures.

OpenAI introduces a new voice-first ChatGPT feature on Apple CarPlay, allowing iPhone users with iOS 26.4+ to access AI assistance via their car's infotainment screens. This cautious rollout aims to enhance in-car productivity with limited controls and a focus on safety, but users must still tap to start sessions, highlighting ongoing challenges in creating a fully hands-free experience.

Raven Software's enduring legacy, marked by its work on major franchises like Call of Duty, continues as David Pellas steps up as sole studio head following Steve Raffel's 2017 departure. With over 300 developers, Raven plans to innovate with new gameplay options in upcoming titles.

New Zealand startup ThroughLine partners with tech giants to create an AI tool redirecting individuals with extremist tendencies to crisis support, aligning with The Christchurch Call's goals. While promising, challenges like privacy concerns and implementation details remain, as the project is still in testing without a release date.

Google has enhanced its AI Pro plan, boosting cloud storage from 2TB to 5TB across Gmail, Drive, and Google Photos, expanding the gap from Google One's 2TB offering. The rollout includes new features like AI Overviews for Gmail and automated Chrome browsing, targeting professionals and students relying on AI tools for tasks.

Broadcom appoints Alphabet's Amie Thuener as CFO, effective mid-June, succeeding Kirsten Spears amid the company's AI-driven growth. Thuener's expertise aligns with Broadcom's strategic shift toward AI infrastructure, crucial as AI chip revenue is expected to soar past $100 billion next year.