Tech
tech
Rani Molla

DeepSeek to make its open-source models more open, potentially pushing Meta, Baidu, and OpenAI to do the same

DeepSeek, the free and open-source AI company that’s pushed some of its competitors to make their models free, is now potentially pushing them to be even more open, Bloomberg reports.

The Chinese startup plans to make its code repositories available to all developers and researchers, allowing anyone to download and build or improve upon it. It’s an unusual step beyond the typical understanding of open-source in that it’s sharing even more of its core technology with the outside world.

“DeepSeek says it intends to go further by publicizing the underlying code, the data used to create it, and the way it develops and manages that code,” Bloomberg wrote. “By making its coding secrets freely available, DeepSeek is helping to ensure wider adoption of its technology.” This may also nudge its competitors into doing the same.

Its competitor Meta is already open-sourced, but to a lesser extent. After DeepSeek’s splash onto the scene last month, competitor Baidu announced it was also transitioning to an open-source model. OpenAI CEO Sam Altman has since said his company, which was once open-source but no longer, is on the “wrong side of history.”

“DeepSeek says it intends to go further by publicizing the underlying code, the data used to create it, and the way it develops and manages that code,” Bloomberg wrote. “By making its coding secrets freely available, DeepSeek is helping to ensure wider adoption of its technology.” This may also nudge its competitors into doing the same.

Its competitor Meta is already open-sourced, but to a lesser extent. After DeepSeek’s splash onto the scene last month, competitor Baidu announced it was also transitioning to an open-source model. OpenAI CEO Sam Altman has since said his company, which was once open-source but no longer, is on the “wrong side of history.”

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Amid fears of AI killing tech jobs, companies race to fill cybersecurity roles

One of the biggest fears of the AI boom is that the technology will destroy jobs, starting with entry-level programmers and eventually coming for all manner of white-collar work.

This week, OpenAI CEO Sam Altman said the “jobs apocalypse” isn’t turning out as bad as he’d feared, noting, “I’m delighted to ⁠be wrong about this.”

One tech job that had appeared at risk of AI replacement was cybersecurity engineer. But The New York Times reports that the role is now going through a “hiring frenzy,” and tech recruiters can’t keep up with demand for them.

One of the driving forces behind the surge in cybersecurity roles is the emergence of Anthropic’s Mythos AI model — which is being held back by the company due to its advanced cyber capabilities until companies can shore up defenses.

The demise of software engineering roles in general may have been overblown as well. According to the report, engineers are still needed to manage AI agents, which are increasingly writing the bulk of the code at Big Tech companies.

One tech job that had appeared at risk of AI replacement was cybersecurity engineer. But The New York Times reports that the role is now going through a “hiring frenzy,” and tech recruiters can’t keep up with demand for them.

One of the driving forces behind the surge in cybersecurity roles is the emergence of Anthropic’s Mythos AI model — which is being held back by the company due to its advanced cyber capabilities until companies can shore up defenses.

The demise of software engineering roles in general may have been overblown as well. According to the report, engineers are still needed to manage AI agents, which are increasingly writing the bulk of the code at Big Tech companies.

Figure robot sorting packages GIF

Figure’s robots just sorted packages for 200 hours straight

What started as a 10-hour human-versus-robot challenge turned into a continuous marathon shift spanning nine days of continuous work.

Jon Keegan5/22/26
tech
Rani Molla

Report: Uber considers full Delivery Hero takeover to take on DoorDash outside the US

Uber appears to be considering upping its competition with DoorDash outside the US, exploring a potential full takeover of Frankfurt-listed Delivery Hero, Bloomberg reports. Earlier this week the US-based ride-hailing service disclosed a 19.5% stake in the food delivery company, but now that could go higher.

The $11.8 billion German company could be particularly vulnerable to a takeover right now, with its CEO having recently stepped down following pressure from activist investors to sell off assets. A full acquisition would give Uber a massive foothold in over 60 countries to combat DoorDash’s European-focused Wolt unit.

Uber has been involved in a lot of deal-making of late, mostly in the autonomous vehicle space, where it now has more than 30 partnerships globally.

Uber extended its losses on the news and is currently down around 1.7%.

The $11.8 billion German company could be particularly vulnerable to a takeover right now, with its CEO having recently stepped down following pressure from activist investors to sell off assets. A full acquisition would give Uber a massive foothold in over 60 countries to combat DoorDash’s European-focused Wolt unit.

Uber has been involved in a lot of deal-making of late, mostly in the autonomous vehicle space, where it now has more than 30 partnerships globally.

Uber extended its losses on the news and is currently down around 1.7%.

tech
Rani Molla

Meta released a Reddit dupe. Reddit investors don’t like it.

Fresh on the heels of releasing a Snapchat dupe, which sent Snap down earlier this month, Meta seems to be meddling with Reddit, quietly releasing a Reddit-like Facebook app called Forum yesterday. After news of the “dedicated space built for deeper discussions, real answers and the communities you care about,” Reddit’s stock is down 4.5% today.

Last month, Reddit’s earnings report handily beat analysts’ expectations, but it continues to struggle with the perception that bigger tech companies — including Meta — investing heavily in AI will eat its lunch. The stock is down nearly 40% year-to-date.

tech
Jon Keegan

Report: OpenAI’s Q1 revenue was $5.7 billion, beating Anthropic

The neck-and-neck race between OpenAI and Anthropic as the AI companies barrel toward their expected IPOs this year is shaking out some internal numbers for would-be investors to ponder.

The Information is reporting that OpenAI’s first-quarter revenue was ~$5.7 billion, about $1 billion ahead of Anthropic’s revenue for the same period.

The Wall Street Journal recently reported that Anthropic is on course to more than double its first-quarter revenue of $4.8 billion to $10.9 billion in the second quarter. It is not known what OpenAI is projecting for Q2.

Recently, The New York Times reported that Anthropic’s current fundraising round seeking to raise between $30 billion and $50 billion comes with a valuation of up to $950 billion, putting it ahead of OpenAI’s latest reported valuation of $850 billion.

The Wall Street Journal recently reported that Anthropic is on course to more than double its first-quarter revenue of $4.8 billion to $10.9 billion in the second quarter. It is not known what OpenAI is projecting for Q2.

Recently, The New York Times reported that Anthropic’s current fundraising round seeking to raise between $30 billion and $50 billion comes with a valuation of up to $950 billion, putting it ahead of OpenAI’s latest reported valuation of $850 billion.

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