TechCrunch Top 3

Carvana ties up with Bezos-backed Slate Auto as it plans new car sales: Carvana was granted a warrant to buy shares in Slate last year, according to documents obtained by TechCrunch. Guggenheim Partners CEO Mark Walter is heavily invested in both companies. Read More

Alphabet's record-breaking $85B raise for Google's AI business is a helluva good signal: If Alphabet's record-breaking $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow. Read More

Ultrahuman says hackers accessed customers' wellness data via internal tool: The breach at wearable ring maker Ultrahuman stemmed from credentials stolen from a malware-infected employee laptop. Read More

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Afternoon Must-Reads

GitLab cuts 14% of staff as it scales its platform to serve AI workloads: The company is reducing its workforce as it exits 22 countries, reduces management layers, and invests in its infrastructure to scale its platform. Read More

These two founders left Goldman and Meta to build voice AI for markets everyone else overlooked: The startup's own stack for Africa and Middle East is now handling more than 17,000 calls per day. Read More

Meta's AI agent for WhatsApp Business is now available globally: WhatsApp will charge businesses for using its AI agent based on token usage. Read More

Instagram is alerting users who were targeted by hackers during AI chatbot attacks: Hackers appeared to take over victims’ accounts even after Meta said it fixed its AI-powered support chatbot, which granted hackers access to victims’ accounts. Read More

The world’s largest privately owned laser just turned on: Fusion startup Xcimer fired up the world's largest privately owned laser. Read More

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The NVIDIA Builder’s Arcade is open now through June 5 with daily activities and developer challenges. Enter now and explore Microsoft Build sessions, demos, and more.

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Last but Not Least

Amazon will show AI product images when you search for some reason: Amazon will use visual search and AI to show AI-generated product images that match your search queries. The retailer says it will help guide users to products. Read More