| Bailey Lipschultz / Bloomberg: |
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value it at almost $1.77T, eclipsing Aramco's $29.4B IPO in 2019 — SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk's rocket … | Bloomberg: |
| Carl Franzen / VentureBeat: |
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory — While many AI open source model providers are pursuing larger and more powerful models, Google is still giving attention to the smaller, more local side of the market.| Google Developers Blog: |
Google releases macOS versions of AI Edge Gallery, which lets users run open models on their devices, and AI Edge Eloquent, an on-device voice dictation app — Google DeepMind's latest open model, Gemma 4 12B, is designed to bring agentic, multimodal intelligence directly to your laptop.| 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 … | Meghan Bobrowsky / Wall Street Journal: |
Sources: Meta has repeatedly delayed plans to release the Muse Spark API due to bugs and infrastructure needs; Meta says it plans to release it this month — The shifting timeline is a setback for Meta's ability to monetize its massive investments in building frontier AI models| Bloomberg: |
In a SITC report, UK lawmakers call on the government to end a £330M NHS deal with Palantir and disclose more details of a military contract with the company — British members of parliament are calling on the government to end a major deal with Palantir Technologies Inc. and disclose … | Samantha Subin / CNBC: |
CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, above $1.36B est., and forecasts Q2 revenue of ~$1.44B, above $1.43B est.; CRWD drops 9%+ pre-market — CrowdStrike narrowly beat Wall Street's fiscal first-quarter estimates after the bell on Wednesday, but shares slid 10% following the report.| Reuters: |
Broadcom reports Q2 revenue up 48% YoY to $22.19B, below $22.27B est., and forecasts Q3 semiconductor revenue from AI below est.; AVGO drops 12%+ pre-market — Broadcom (AVGO.O) missed Wall Street expectations for second-quarter revenue on Wednesday, as increased competition … | Cory Weinberg / The Information: |
Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward covering tax obligations tied to employee equity awards, amid the AI talent war — Alphabet's plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure and compute, is surprising enough … | Katherine Blunt / Wall Street Journal: |
| Carmen Reinicke / Bloomberg: |
Quantinuum raised $1.68B in an upsized US IPO, selling 28M shares for $60 each, above its marketed range of $53 to $55, valuing the company at $15.6B — Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering … | Juli Clover / MacRumors: |
Apple says users in Texas must confirm they are 18 years or older or obtain parental consent to create an Apple Account starting June 4, after a court ruling — Apple today said App Store rules in Texas are changing due to the enforcement of SB 2420, a law that adds age assurance requirements for app marketplaces and developers.| The Hacker News: |
Security company Calif says it used 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 … | Jagmeet Singh / TechCrunch: |
Bengaluru-based grocery delivery startup FirstClub raised a $55M Series B co-led by Peak XV and Sofina at a $255M valuation, up from $120M in September 2025 — In a quick-commerce market obsessed with speed, Indian startup FirstClub has convinced investors that quality may be a fresh opportunity … | Mike Masnick / Liberalism.org: |
Centralized control over the user experience not only leads to enshittification, but to “despotification”; decentralized protocols bring back democratic ideals — In January 2011, somewhere in the crush of bodies in Cairo's Tahrir Square, a man held up a handwritten sign.| Paige Smith / Bloomberg: |
Sources: OnePay, a fintech app backed by Walmart and valued at $4B+, now has 6M MAUs and $50B in annualized payments, both double the figures from 2025 — Backed by the retailer and Ribbit Capital, OnePay is reaching beyond its initial customer base to take on banks.| Jonathan M. Gitlin / Ars Technica: |
A study of Waymo robotaxi data for 13.8M trips from August 2023 to December 2025: the share of miles driven with a passenger onboard climbed from 36% to 56% — The age of robotaxis, long the preserve of science fiction, is now a reality, at least in a handful of American cities.| Bloomberg: |
Current and former employees detail Amazon's e-commerce struggles in India, where local rivals have challenged the company more than anywhere outside of China — More than a decade after entering the country, the company is battling Walmart's Flipkart and other incumbents.| Kunal Manchanada / Entrackr: |
US SEC filing: Vanguard marks down Ola Consumer's valuation to ~$70.3M; Ola, which faces intense competition from Uber and Rapido, was valued at $7.3B in 2021 — US-based asset management firm Vanguard has sharply marked down the valuation of ride-hailing company Ola Cosumer to approximately $70.3 million … | Iris Deng / South China Morning Post: |
Alibaba says it is opening Qwen to third-party AI agents, starting with KFC, Mixue, and others, and Qwen's app serves 100M+ daily lifestyle services engagements — In its latest bid to dominate China's next-generation digital gateway, Alibaba Group Holding is opening its Qwen AI assistant to major brands … | Cheng Ting-Fang / Nikkei Asia: |
Applied Materials plans to expand its Southeast Asia workforce by 25% in 2026, hiring ~1,000 workers mainly in Singapore, a key chip packaging equipment hub — KUALA LUMPUR — U.S. semiconductor equipment maker Applied Materials is aiming to expand its total workforce in Southeast Asia … | Jason Koebler / 404 Media: |
Moderators of the r/biohackers subreddit claim that peptide companies are spamming their forum in hopes of getting their posts scraped and used by AI chatbots — Peptide companies have been doing AI-engine optimization by spamming the biohackers subreddit to manipulate ChatGPT and Google.| Madhumita Murgia / Financial Times: |
A profile of Anthropic as it prepares to go public and broaden access to Mythos, amid criticism that commercial pressures have eroded its AI safety standards — Can the AI company hold on to its ethical founding principles as it strides to market with its most powerful and unnerving tool yet?| Natalia Kniazhevich / Bloomberg: |
Liftoff Mobile raised $437M in its US IPO, selling 19M shares for $23 each, above its marketed range of $20 to $22, valuing the company at $3.83B — Liftoff Mobile Inc. raised $437 million in a US initial public offering that priced above its marketed range, in the company's second attempt at going public this year.| Kate Clark / Wall Street Journal: |
Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades focusing on new startups — After a late-stage bet on Cerebras delivered big returns, Benchmark decided to raise its first-ever growth fund| Emily Mullin / Wired: |
Sam Altman and Dario Amodei are among signatories on an open letter urging improved tracking of synthetic DNA potentially used in AI-developed bioweapons — Leading AI labs, executives, and scientists are sending a letter to lawmakers urging them to improve tracking of synthetic DNA sequences that could be used for bioweapons.| Krishn Kaushik / Financial Times: |
Taiwan's and South Korea's stock market capitalizations overtake India's, as investors favor markets with companies positioned to benefit from the AI boom — Exchanges in Taiwan and South Korea have overtaken India's in the past week as the two countries' chipmakers surge
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
3 lessons from 1,000+ teams running sales on WhatsApp — This is a guest post by Orkhan Jafarli, Growth PM at TimelinesAI.Sales teams of businesses across the world have one thing in common: a meaningful chunk of their pipeline now happens on WhatsApp.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Byron Kaye / Reuters: |
| Greg Miller / Washington Post: |
| Lorenzo Franceschi-Bicchierai / TechCrunch: |
| Sarah Perez / TechCrunch: |
| Lily Mae Lazarus / Fortune: |
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| Victoria Song / The Verge: |
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| David Phelan / Forbes: |
| Mathieu Pollet / Politico: |