Larry Summers resigns from OpenAI board

Former Harvard President Larry Summers has resigned from OpenAI’s board, according to The Wall Street Journal.

Summers’ email exchanges with Jeffrey Epstein surfaced last week when a House committee released a cache of 20,000 documents from the Epstein estate.

The OpenAI board told the WSJ: “Larry has decided to resign from the OpenAI Board of Directors, and we respect his decision.”

This week Congress passed a bill to release the full Epstein files, and other prominent tech figures are likely to make appearances in the documents.

Larry Summers Resigns From OpenAI Board Amid Epstein Revelations

This week Congress passed a bill to release the full Epstein files, and other prominent tech figures are likely to make appearances in the documents.

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Broadcom earnings, guidance top analysts’ expectations

The semiconductor company reported second-quarter earnings after the bell Wednesday.

Broadcom headquarters in San Jose, California, United States

Is OpenAI on its way to becoming Lyft?

Once nearly synonymous with AI, it just got surpassed in valuation by Anthropic. Now it looks like it’s also going to get beaten to the IPO starting line.

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Meta jumps after unveiling subscription AI agents for business

Meta Business Agent would be another vital revenue source beyond ads.

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Palo Alto Networks surges after it beats revenue and earnings estimates

Cybersecurity firm Palo Alto Networks jumped more than 10% in postmarket trading after reporting fiscal third-quarter results that beat analyst revenue and earnings expectations.

The company posted adjusted earnings per share of $0.85, versus the FactSet analyst consensus estimate of $0.79 on $3 billion in revenue. (Wall Street had expected $2.94 billion.)

The company also boosted its guidance for the full fiscal year. The company now expects non-GAAP EPS in the range of $3.77 to $3.79, compared to its previous projection of $3.65 to $3.70 (and analysts’ expectations of $3.68). It also forecast revenue of $11.415 billion to $11.425 billion, representing year-over-year growth of 24%, compared to previous growth expectations of 22% to 23%.

Through Tuesday’s close, the stock had risen more than 60% in the past month.

Jon Keegan6/2/26

Microsoft releases 7 new models, next-gen quantum chip at Build conference

Microsoft is making it clear it can stand on its own as a competitor in the AI arena.

Today at its annual Microsoft Build developer conference, the company made a flurry of announcements that move it further away from the shadow of its complicated relationship with partner OpenAI.

Among the products announced:

New Nvidia-powered Windows PCs: the Surface Laptop Ultra and Surface RTX Spark Dev Box.
Seven new homegrown AI models: MAI Image-2.5, MAI Image-2.5-Flash, MAIN Transcribe-1.5, MAI Thinking-1, MAI Voice-2, MAIN Voice-2-Flash, and MAI Code-1-Flash.
Majorana 2, the company’s next-gen quantum chip.
Microsoft Scout, an integrated always-on agent built on OpenClaw.
Project Solara, an AI gadget operating system.

Investors were unimpressed, however, as shares were down over 4% after the announcements.

PHASE 2: Noon - Microsoft Build 2026

New Nvidia-powered Windows PCs: the Surface Laptop Ultra and Surface RTX Spark Dev Box.
Seven new homegrown AI models: MAI Image-2.5, MAI Image-2.5-Flash, MAIN Transcribe-1.5, MAI Thinking-1, MAI Voice-2, MAIN Voice-2-Flash, and MAI Code-1-Flash.
Majorana 2, the company’s next-gen quantum chip.
Microsoft Scout, an integrated always-on agent built on OpenClaw.
Project Solara, an AI gadget operating system.

Investors were unimpressed, however, as shares were down over 4% after the announcements.

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