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June 3, 2026, 3:40 PM
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Katherine Blunt / Wall Street Journal:
Google sold $35B in stock in its equity raise this week, up from its planned $30B and taking its total funding to $85B; a source says it contacted 75 investors  —  $35 billion  —  That's how much stock Google parent Alphabet ended up selling this week in underwritten public offerings …
Echo Wang / Reuters:
Source: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, an unusual move as companies typically set a price range before their roadshow  —  SpaceX plans to raise $75 billion in its initial public offering by selling 555.6 million shares at a target price of $135 per share …
Ivan Mehta / TechCrunch:
Meta launches Meta Business Agent globally on WhatsApp and Instagram DMs, after a two-year pilot of the customer support AI bot in India, Mexico, and others  —  For years, WhatsApp has been a communication layer for businesses of all sizes around the world.
Mathieu Pollet / Politico:
The EU Commission unveils its tech sovereignty package, including the EU's Cloud and AI Development Act, in a bid to reduce its reliance on US tech companies  —  The European Commission's so-called tech sovereignty plan aims to boost domestic champions rather than shut out American competitors.
Imran Rahman-Jones / BBC:
The UK CMA says publishers in the country will be allowed to opt out of Google's AI Overviews search results, giving Google nine months to implement the changes  —  Online publishers can choose not to appear in the AI Overviews of Google search results n the UK, the Competition and Markets Authority (CMA) has announced.
Igor Bonifacic / Engadget:
Google says it is testing a new toggle inside its Search Console with some UK domain owners, letting them decide whether their sites appear in AI search results  —  The company says opting out won't impact placement in regular searches.  —  More than three years after it began rolling …
Lucas Shaw / Bloomberg:
AI music startup Suno raised $400M led by Bond at a $5.4B valuation, up from $2.45B after raising $250M in November 2025, and passed 2M subscribers in February  —  Suno Inc., a startup that enables people to make music using artificial intelligence, has raised $400 million at a valuation of $5.4 billion.
The Hacker News:
Security firm Calif says it used OpenAI's Codex to discover HTTP/2 Bomb, a remote DoS exploit affecting web servers like Nginx, Apache HTTPD, and Microsoft IIS  —  Cybersecurity researchers have discovered a remote denial-of-service exploit that affects major web servers, including NGINX …
Reuters:
Sources: DeepSeek is set to raise ~$7.4B in its first funding round from investors, including Tencent and CATL, at a valuation of between ~$52B and ~$59B  —  DeepSeek, China's best-known AI startup, is set to raise about 50 billion yuan ($7.4 billion) in its first funding round …
Brendan Bordelon / Politico:
OpenAI diverges from Trump's AI EO in a new policy paper, proposing cyber risk evaluations for advanced AI systems be mandatory and led by CAISI, not the NSA  —  OpenAI's new proposal comes as its CEO Sam Altman descends on Washington for a series of Wednesday meetings with White House officials …
Dean Seal / Wall Street Journal:
GitLab cuts 350 staff, or ~14% of its workforce, pivoting “to be the trusted enterprise platform for software creation in the AI era”, and exits 22 countries  —  The company will also exit 22 countries, reducing its geographic footprint by about 37%
David Phelan / Forbes:
Apple plans to open an Apple Developer Center in Berlin in 2026, its first center in Europe and fifth globally, offering in-person developer access and sessions  —  In an announcement that is characteristically well-timed before the upcoming Worldwide Developers Conference which kicks off on Monday …
Lauren Feiner / The Verge:
Google unveils five AI data center water commitments, including becoming water positive by 2030, local infrastructure investments, and transparency about usage  —  The company promises to replenish more water than it uses by 2030. … In the face of widespread backlash …
Lorenzo Franceschi-Bicchierai / TechCrunch:
Meta is alerting Instagram users whose accounts were taken over using Meta AI chatbot; some hackers claim to still be able to exploit Meta AI chatbot  —  The widespread hacking campaign that relied on simply asking Meta AI's chatbot to take over a victim's Instagram account appears …
@themidasproj:
Leading the Future, the pro-AI super PAC backed by Greg Brockman, appears to be linked to multiple sockpuppet accounts, including a purported anti-AI activist  —  A Pro-AI Super PAC's Secret Meme Sockpuppets
Aditya Kalra / Reuters:
Doc: Apple agreed in May to submit the financials of its India business to the country's antitrust body as part of an investigation over alleged market abuses  —  Apple has agreed to submit the financials of its India business to the country's antitrust body as part of an investigation …
Jagmeet Singh / TechCrunch:
Boston-based software monitoring startup Coralogix raised a $200M Series F at a $1.6B post-money valuation, up from $1B+ after a $115M Series E in June 2025  —  Coralogix, a Boston-headquartered software monitoring startup founded in Israel, has raised $200 million in a new funding round …
Melia Russell / Business Insider:
Wordsmith, whose AI tools help in-house lawyers draft contracts, handle legal questions, and more, raised a $70M Series B, bringing its total funding to $100M  —  The biggest promise of artificial intelligence in law is not that lawyers will work faster.  It's that companies will need fewer of them on the outside.
Alex Konrad / Upstarts Media:
Lassie, whose AI agent helps dental practices automate admin work, raised a $35M Series A led by a16z, a source says, at a ~$250M valuation  —  Lassie's founders went hands-on, then built an AI agent to help dental practices save dozens of hours of busywork.  Now, a16z has signed on.
Helene Braun / CoinDesk:
Mastercard says it plans to offer on-chain settlement using several regulated USD stablecoins, initially supporting USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD  —  The company plans to offer stablecoin, weekend and holiday settlement as demand grows for real-time movement of money. … What to know:
Carl Franzen / VentureBeat:
Alibaba releases Qwen3.7-Plus, a multimodal proprietary model with a 1M-token context window, costing $2 per 1M tokens, 60% less than the text-only Qwen3.7-Max  —  However, like its immediate predecessor Qwen3.7-Plus is available only under a “closed” commercial license via proprietary …
Aisha S Gani / Bloomberg:
How Revolut founder Nikolay Storonsky's Elon Musk-style pay packages pushed his fortune to ~$20.4B, making him the UK's richest person, ahead of a planned IPO  —  CEO Nik Storonsky turned a scrappy startup into a fintech juggernaut — now he has to convince the world that his company is as safe as a bank
Katherine Blunt / Wall Street Journal:
The US data center build-out is falling behind schedule; JP Morgan says 60%+ of data center capacity planned for completion in 2027 isn't yet under construction  —  Google, which is raising a fresh $80 billion, has a strategy for getting around the biggest bottleneck

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This is a Techmeme archive page. It shows how the site appeared at 3:40 PM ET, June 3, 2026.

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From Mediagazer

New York Times:
Sources: the White House directed FBI Director Kash Patel to personally oversee the probe into NYT reporting about Air Force One, before subpoenas were issued

Brooks Barnes / New York Times:
Lionsgate's Michael crosses $1B at the global box office, its first film to reach the milestone, per Rentrak, reviving Hollywood's last major independent studio

Joe Mandese / MediaPost:
The Media Rating Council's quarterly accreditation status updates show VideoAmp and Nielsen One have pulled out of the accreditation process

More News

The Verge:
Mustafa Suleyman says Microsoft aims to become “one of the top four labs in the world”, and “the pivotal moment was renegotiating our contract with OpenAI”

Earlier Picks

Kylie Robison / Core Memory:
How startups Westmag, which raised an $11M, a16z-led seed in August 2025, and Atlas are seeking to make actuators, the foundation of hardware, outside of China
Cade Metz / New York Times:
University of Toronto researchers claim to have developed a “worm” powered by open-source AI that exploits known flaws and tailors its attacks for each computer
Jason Koebler / 404 Media:
Email: Google asked Google Play app developers to “join a confidential content offer pilot”, offering to pay for codebase access to train its AI coding tools
Bloomberg:
Bitcoin fell as much as 7% over 24 hours to below $67K on June 2 for the first time since April, following Strategy's first BTC sale since 2022; MSTR fell 9.15%
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