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According to Jinshi reports, company documents show that Google (GOOG.O) has agreed to pay SpaceX $920 million per month for computing power as part of a cloud service agreement that will last until mid-2029.SpaceX stated in documents submitted on Friday that Google will pay SpaceX a monthly fee from October until June 2029, with the computing power provided including approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components. The related computing power will gradually increase before September, and the costs will decrease accordingly.The documents indicate that if SpaceX fails to deliver the agreed number of GPUs by September 30, 2026, Google has the right to terminate the contract and will enjoy a one-month grace period. Additionally, according to the agreement disclosed on Friday, either party has the right to terminate the agreement with 90 days' notice.

Slow Fog's Yuxian stated on platform X that incidents of search engine poisoning involving fake Codex, Claude Code, and others have recently surged. It mentioned that it has previously warned multiple times about Google search results and its own services like Google Sites being exploited by black and gray market poisoning, but Google has not taken action against such obvious poisoning methods.

According to Bloomberg, Google's parent company Alphabet will raise $80 billion through a package of equity financing to support its AI infrastructure and computing power expenditure plans. This financing includes a $40 billion ATM stock issuance plan starting in the third quarter, a $30 billion underwriting issuance of common stock and mandatory convertible preferred stock, as well as a $10 billion investment agreement reached with Berkshire Hathaway, which will become one of the largest equity transactions in history.Alphabet stated that AI is driving the company into an expansion phase, and the company hopes to build infrastructure to support future growth opportunities by increasing investments. Alphabet CFO Anat Ashkenazi previously stated that the company's capital expenditure in 2027 will be significantly higher than the maximum budget level of $190 billion in 2026. Bloomberg Intelligence analyst Mandeep Singh believes that with the support of new financing, Alphabet's capital expenditure could reach $300 billion next year. This move by Alphabet may also divert funds originally intended for companies like SpaceX, Anthropic, and OpenAI, which are planning to go public this year.

According to Fortune, U.S. prosecutors this week charged Google software engineer Michele Spagnuolo (36 years old, Italian, currently residing in Switzerland) with insider trading.Prosecutors stated that under the username "AlphaRaccoon," he placed bets on the prediction market platform Polymarket using internal search trend data before the public release of Google's "2025 Search Annual" data, accumulating profits of over $1.2 million.The FBI identified him by tracking cryptocurrency payments. Google has suspended him and stated that using confidential information to place bets severely violates company policy.Spagnuolo is charged with violating the Commodity Exchange Act, telecommunications fraud, and money laundering, and could face years in prison.

The prosecution materials released by the U.S. Attorney's Office for the Southern District of New York show that Google security engineer Michele Spagnuolo has been arrested and charged for allegedly using significant non-public information to bet on Google user search result-related markets on Polymarket.The prosecution materials state that Spagnuolo used Google internal tools to track the list of the most searched people in 2025 and transferred approximately 3.8 million USDC to a Polymarket address; his associated account AlphaRaccoon placed a bet that D4vd would become one of the most searched people in late November after accessing internal tools for several hours.The prosecution materials also state that AlphaRaccoon transferred 5 million USDC from the Polymarket account to a wallet and moved the funds through exchange services and privacy tools, with some of the funds ultimately entering an account at a payment processing institution in Italy. Spagnuolo is accused of profiting over 1.2 million dollars from the related transactions and currently faces charges of commodity fraud, telecommunications fraud, and money laundering.

According to a report by Reuters citing the German newspaper Handelsblatt, the European Union is planning to impose fines in the hundreds of millions of euros on Google's parent company Alphabet in response to its alleged violations of the Digital Markets Act (DMA). Sources indicate that a related decision is nearing completion and is expected to be announced before the summer recess, potentially becoming the largest fine issued by the EU under the DMA.The investigation officially began in March 2025, focusing on whether Google prioritizes its own services in search results, thereby harming fair competition in the market. The European Commission stated that its primary goal is to ensure corporate compliance rather than simply imposing penalties, but if the corrective measures do not meet regulatory requirements, enforcement procedures will continue. Google responded that the adjustments made to its search products in accordance with DMA requirements have significantly impacted user experience and expressed a desire to reach a resolution with regulators.

On-chain analyst "b-block" posted on social media on Monday that a counterfeit Uniswap website is stealing funds from multiple wallets, with assets held by the scammers valued at over $400,000. Stacy Muur, founder of the Web3 marketing agency Green Dots, shared screenshots of false sponsored results from search engines, criticizing Google for ignoring this issue for years, leading to fake links ranking above real ones, resulting in users continuously being scammed.According to Etherscan data, the two flagged addresses hold a total of about 146 ETH, valued at approximately $306,000. DeFiLlama pointed out that fake ads on Google are a common source of phishing attacks. The crypto nonprofit organization Security Alliance (SEAL) reported in April that phishing activities on Google searches significantly increased in March, with attackers deploying highly deceptive fake ads by paying for or hijacking legitimate ad accounts, using seemingly real URLs to bypass Google's automatic checks, and loading malicious payloads through hidden iframes.SEAL has blocked over 356 malicious ad links and stated that the volume of Google ads deployed by attackers has remained stable for over a year, with no slowdown in attack activities. Reports indicate that between March 13 and 30 alone, a total of $1.27 million was stolen. Additionally, earlier this month, there were malicious ad campaigns targeting Mac users that utilized Google ads and the AI chatbot Claude for shared chats. Malwarebytes also reported that Facebook is similarly a hotspot for fake ads and scams.

As the U.S. stock earnings season and the narrative of tech giants in AI continue to advance, according to official news from Bitget, the platform has recently added 10 popular U.S. stock contract targets. So far, Bitget's panoramic exchange (UEX) has supported 263 U.S. stock tokens and 81 U.S. stock contracts, bringing the total number of U.S. stock-related assets available for trading on the platform to over 340.This week marks the beginning of a period with a dense release of earnings reports and macroeconomic data. Through continuous expansion, Bitget aims to provide users with a wide range of cross-market asset allocation channels.This week's three major focus targets:NVDA (NVIDIA): Will release its Q1 earnings report after the market closes on May 20, Eastern Time. The implied volatility in the options market indicates that the daily fluctuation may exceed 7.5%. As the core of AI computing power, its performance will directly impact the overall valuation trend of the tech sector.GOOGL (Google): Recently, at the I/O conference, multiple new products such as Gemini 3.5 and AI agents were intensively launched, and the market is closely watching the subsequent commercialization pace and revenue realization capabilities.WMT (Walmart): Will release its Q1 earnings report before the market opens on May 21. As a retail giant, Walmart's counter-cyclical ability during a consumer downturn is being tested, and the results and guidance from the earnings report will directly influence investors' judgments on annual growth expectations and short-term stock performance.

According to Cointelegraph, Casa co-founder Jameson Lopp warned that a new phishing technique has emerged, where attackers abuse legitimate Google recovery forms to hide malicious links within lengthy messages filled with a lot of blank space.

According to The Wall Street Journal, Alphabet's Google and Blackstone plan to jointly create an artificial intelligence cloud company, centered around Google's proprietary chips, directly competing with rivals like CoreWeave. Blackstone will invest $5 billion in equity capital and hold a majority stake in the company. The deal was officially announced on Monday local time, and the name of the new company has not yet been disclosed.

According to the Financial Times, several large technology companies, including Alphabet and Amazon, are accelerating their entry into the global bond market, raising funds through large-scale overseas bond issuance to support the expansion of artificial intelligence infrastructure and computing power.The report states that this round of financing activities has reached a new high in recent years, reflecting the increasing demand for long-term capital expenditures among tech giants in the AI race, particularly focused on data centers, computing clusters, and cloud infrastructure construction.Analysts believe that against the backdrop of high interest rates, companies are choosing to optimize their financing structure globally, diversifying funding costs and term risks through multi-currency debt markets, further strengthening their capacity for investment in AI infrastructure.

According to Decrypt, Google's Threat Analysis Group confirmed that cybercriminals used an AI model to discover and exploit a zero-day vulnerability in a popular open-source web management tool that could bypass two-factor authentication. Google stated that this is the first time the company has confirmed AI-assisted zero-day vulnerability development in a real-world environment. Before attackers could exploit it on a large scale, Google worked with the affected vendor to patch the vulnerability. Google's report noted that the vulnerability was a logic error, where the software trusted a condition that could bypass two-factor authentication. Unlike traditional scanners that look for crashes or error codes, AI analyzed the expected behavior of the software and detected logical contradictions, allowing attackers to bypass security checks without compromising encryption.

According to Cointelegraph, Google's parent company Alphabet is about to surpass Nvidia to become the world's most valuable company. Since last October, Alphabet's stock price has risen by 43%, while Nvidia has only increased by 6.3%.