Council presidency and European Parliament negotiators reached a provisional agreement on the Digital Omnibus on AI in the early hours of 7 May. Standalone high-risk AI obligations move from 2 August 2026 to 2 December 2027, and high-risk AI embedded in regulated products such as medical devices, toys and machinery move to 2 August 2028.

The deal adds a prohibition on AI systems that generate CSAM or non-consensual intimate imagery — covering providers who build them for that purpose and those who fail to add reasonable safeguards — with compliance from 2 December 2026. SME exemptions extend to small mid-caps, national regulatory sandboxes slip to 2 August 2027, and both institutions intend to adopt the package formally before 2 August 2026.

OpenAI released three audio models in the Realtime API. GPT-Realtime-2 is its first voice model with GPT-5-class reasoning, with the context window raised from 32K to 128K, parallel tool calls with audible preambles, graceful recovery from interruptions, and five selectable reasoning-effort levels from minimal to xhigh.

OpenAI reports GPT-Realtime-2 at high effort scores 15.2% higher on Big Bench Audio than GPT-Realtime-1.5. GPT-Realtime-Translate handles live speech from 70+ input languages into 13 output languages, and GPT-Realtime-Whisper does streaming speech-to-text. Pricing is $32/$64 per 1M audio input/output tokens for Realtime-2, $0.034/min for Translate and $0.017/min for Whisper.

At its Code with Claude developer day in San Francisco, Anthropic announced an agreement to use the entire compute capacity of SpaceX's Colossus 1 data center in Memphis: more than 300 megawatts and over 220,000 NVIDIA GPUs, available within the month.

Anthropic immediately doubled Claude Code's five-hour rate limits for Pro, Max, Team and seat-based Enterprise plans, removed peak-hour reductions for Pro and Max, and raised Claude Opus API rate limits. The company said it has expressed interest in working with SpaceX on multiple gigawatts of orbital AI compute, and the event featured a new Claude dreaming feature in which agents review work between sessions to update memory files.

Reuters reported, citing three sources, that DeepSeek could be valued at up to $50 billion in its maiden fundraising, reversing its long-standing refusal of outside capital.

China's 60-billion-yuan national AI fund, set up in January last year, is in talks to lead the round, and Tencent has also been in discussions; the company could raise $3–4 billion to fund compute and employee benefits. The FT reported the same day that the China Integrated Circuit Industry Investment Fund is in talks to lead at roughly a $45 billion valuation. Neither DeepSeek nor the investors commented, and the round has not closed.

OpenAI replaced GPT-5.3 Instant with GPT-5.5 Instant as the default model for all ChatGPT users, claiming 52.5% fewer hallucinated claims on high-stakes prompts in medicine, law and finance, and 37.3% fewer inaccurate claims on conversations users had flagged for factual errors.

Reported evals: AIME 2025 math 81.2 versus 65.4, MMMU-Pro 76 versus 69.2, HealthBench 51.4 versus 49.6, CharXiv-reasoning 81.6% versus 75.0%. The model searches past chats, saved files and connected Gmail to personalize answers, and a new memory sources view shows which stored context shaped a reply and lets users edit or delete it. Developers reach it in the API as chat-latest, and its system card marks the first Instant model treated as High capability in OpenAI's Cybersecurity and Biological and Chemical Preparedness categories.