ChatGPT app reportedly hits 1 billion monthly active users, faster than any previous app

Coinbase launched “Coinbase for Agents,” a tool that connects AI agents to user accounts to trade, pay, and run financial workflows within user-set limits. It also introduced “Coinbase Advisor,” an in-app agent providing guidance; Coinbase said it is registered with the SEC as an investment advisor and with the NFA as a commodity trading advisor. Agents can rebalance, place limit orders, and schedule buys; Coinbase said transactions use standard monitoring and KYT checks.

Pfizer reported phase 2b results for berobenatide (PF-08653944) at the American Diabetes Association’s 86th Scientific Sessions, showing about 15.9% average weight loss at 32 weeks with a monthly subcutaneous injection of 0.5 mL. Pfizer said the drug was well tolerated and is also in multiple trials, including phase 3. The update adds potential competition to Novo Nordisk’s Wegovy/Ozempic and Eli Lilly’s Zepbound.

Microsoft used Build 2026 (June 2-3) to launch Microsoft IQ, a general-availability system for enterprise AI agents to access company information through four connected layers: Work IQ (Microsoft 365), Fabric IQ (business operations), Foundry IQ (reusable knowledge), and Web IQ (real-time external context). Work IQ developer APIs open June 16. Microsoft also expanded Fabric/OneLake links to SharePoint and OneDrive, added HorizonDB public preview and Cosmos DB agent memory tooling, and introduced

TensorWave said it completed a $350 million Series B round to expand its data center infrastructure by buying and deploying AMD Instinct MI355X AI accelerator GPUs. The company expects the extra capacity to support memory-intensive AI workloads, including LLM training and generative AI. TensorWave reported 8,192 MI325X accelerators in service and secured over 2 GW of long-term power.

Meta CEO Mark Zuckerberg told employees in an internal memo, seen by Reuters, that the company made “mistakes” in its AI-driven workforce shift and may make more as AI advances. He said Meta does not expect further company-wide layoffs this year, and will reassign staff to new roles training AI models after May’s restructuring that cut 10% and moved 7,000 employees.

AT&T said it expanded its partnership with Rivian to provide 5G connectivity for Rivian’s upcoming R2 vehicle platform in the US and Canada. The companies said the link, building on a 2023 relationship, will support over-the-air updates and real-time access to digital services and AI features, with AT&T as primary connectivity provider for Rivian’s lineup.