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Perplexity announces a feature that lets Perplexity Computer split tasks between on-device AI models and server-based models (Zac Hall/9to5Mac)

Thrive Holdings, a spinoff of Thrive Capital, commits $1B to acquire local accounting firms through its subsidiary, Current, and use AI to automate them (Anna Tong/Forbes)

Microsoft announces new on-device AI updates for Edge: a dev preview of a new SLM called Aion-1.0-Instruct, Language Detector and Translator APIs, and more (Paul Thurrott/Thurrott)

Gigascale Capital, a climate tech VC firm co-founded by former Meta CTO Mike Schroepfer, closed a $250M fund to back early-stage startups supporting the AI boom (Michelle Ma/Bloomberg)

‘The perfect handheld for many’: Asus reveals the ROG Xbox Ally X20 — and handheld fans are excited about everything except the potential price

Researchers find several packages in the @redhat-cloud-services npm namespace shipped malware targeting credentials for GitHub Actions, AWS, GCP, and others (Rohan Prabhu/Step Security Blog)

Hackers say they used Meta's AI support chatbot to change emails tied to Instagram accounts amid a wave of high-profile account takeovers; Meta fixed the issue (Jason Koebler/404 Media)

Twitch rolls out Dual Format, a feature that lets creators stream horizontally and vertically simultaneously, and 2K streaming for partners and affiliates (Cheyenne MacDonald/Engadget)

NYT Connections hints and answers for Monday, June 1 (game #1086)

NYC-based Garner Health, which uses data analytics to help 2.5M+ workers find physicians, raised a $100M Series E at a $2.74B valuation led by Index Ventures (Cailey Gleeson/Fierce Healthcare)

Experts say ChatGPT, Gemini, and other Western AI models are turbocharging Iran's cyber operations, helping it develop malware and launch phishing attacks (Jacob Judah/Financial Times)

PitchBook: VC investment in global robotics and physical AI jumped to $26B in 2025 from $4.2B in 2019, and has already topped $23B as of May 20 this year (Kate Clark/Wall Street Journal)