Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
June 11, 2026, 8:45 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Bailey Lipschultz / Bloomberg:
SpaceX raises $75B in the biggest-ever IPO, pricing 555.6M shares at $135 each, giving it a market value of $1.77T  —  SpaceX has made history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world's first trillionaire.
New York Times:
Some investors question SpaceX's projected $1.77T valuation, citing its $4.3B loss on $4.7B in revenue in Q1, concerns over space data centers, and more  —  Elon Musk's rocket company is spending big and losing money.  That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.
Wall Street Journal:
Sources: BlackRock put in an order to buy at least $5B worth of SpaceX shares; SpaceX received an over $1B request from a single family-office investor  —  Other large asset managers made similarly eye-popping requests  —  Elon Musk's SpaceX is preparing to stage the largest public offering ever …
Bloomberg:
Sources: SpaceX's IPO has attracted over $100B in orders from retail investors, who are expected to be allocated at least 20% of the available shares
Zachary Basu / Axios:
Elon Musk is busy stoking far-right culture wars across the West on the eve of SpaceX's IPO, with an impunity unmatched in modern corporate history
Sean O'Kane / TechCrunch:
Waymo launches Waymo Premier, a $30-per-month membership program offering perks like skipping the line, 10% cashback, and five free ride cancellations per month  —  Waymo is launching a loyalty program called Waymo Premier, which will offer frequent robotaxi riders a number of perks in exchange for $29.99 per month.
Bill Toulas / BleepingComputer:
Europol says it has dismantled the AudiA6 crypto mixing service, which allegedly laundered $380M+ for ransomware actors and others between 2022 and 2025  —  Law enforcement has dismantled the “AudiA6” cryptocurrency service allegedly used by ransomware actors and other cybercriminals to launder more than $380 million.
Dan Primack / Axios:
Jeff Bezos' Prometheus, which is building AI models for physical tasks, raised a $12B Series B at a $41B valuation, following a $6.2B Series A  —  Prometheus, the industrial AI startup led by Jeff Bezos and former Google exec Vik Bajaj, today will announce that it's raised $12 billion in Series B funding at a $41 billion valuation.
Shahram Mokhtari / iFixit News:
A teardown reveals the Trump Mobile T1 is a gold-painted HTC U24 Pro but features some changes, including memory from Micron instead of SK Hynix  —  In case you missed it, there is now a Trump phone.  Yes, really.  And this week, we got to take it apart.  —  A couple of weeks ago I got …
Seth Fiegerman / Bloomberg:
OpenAI acquires Ona, which offers cloud services to support AI agents, and plans to bring Ona's team into its Codex effort  —  OpenAI has agreed to acquire Ona, a startup that offers cloud services to support artificial intelligence agents, part of a bid by the AI developer to make its technology more useful for businesses.
Jon Brodkin / Ars Technica:
Ted Cruz and Ron Wyden introduce the JAWBONE Act, which would let Americans sue federal officials who try to coerce broadcasters or platforms to censor speech  —  US Senators Ted Cruz (R-Texas) and Ron Wyden (D-Ore.) today introduced the JAWBONE Act, a proposed law that could fuel lawsuits …
John O'Farrell / New York Times:
Former a16z GP John O'Farrell criticizes the AI industry and his ex-partners for spending hundreds of millions to fight regulation, calling it “a huge mistake”  —  I first came to America from Ireland in 1984, as a young engineer about to attend business school.
Maxwell Zeff / Wired:
Anthropic backtracks on its decision to quietly limit Fable 5's ability to develop LLMs, saying “requests will visibly fall back to Opus 4.8”, after backlash  —  The company changed course after researchers spoke out against the policy, which would have covertly limited Claude's ability to develop competing AI models.
Samantha Subin / CNBC:
DoorDash launches an in-app AI chatbot to let users order food and groceries and make reservations with photos and prompts  —  DoorDash is bringing artificial intelligence deeper into the user experience, allowing customers to order food and make reservations with photos and prompts.
Chris Metinko / Axios:
Agentic workplace startup Genspark raised a $100M Series B extension at a $2.6B post-money valuation, up 63% in just three months; it has raised $645M+ to date  —  Agentic workplace startup Genspark raised $100 million in Series B extension funding at a $2.6 billion post-money valuation, co-founder Wen Sang tells Axios Pro exclusively.
Terrence O'Brien / The Verge:
Deezer launches an AI music detection tool for users of 20 services, including Spotify and Apple Music, after no company licensed its AI detection tech  —  Since the competition won't buy their tech, they're bringing it directly to users. … Deezer will now scan your playlists …
Politico:
The US House fails to extend FISA's Section 702, ensuring the warrantless surveillance program will expire for the first time since its 2008 enactment  —  The extension was put on the House floor under a fast-track method requiring a two-thirds-majority vote, but it failed to garner even a simple majority …
Wall Street Journal:
Sources: OpenAI is considering drastically lowering the prices it charges users for tokens in anticipation of similar cuts the startup expects Anthropic to make  —  The company might lower prices for tokens, the central unit for gauging AI costs, though the discussions are still in flux
Gina Heeb / Wall Street Journal:
Citigroup launches a blockchain-based platform for wealthy and institutional clients to trade tokenized shares of private firms, initially for foreign investors  —  Bank hopes other financial institutions will become involved  —  Citigroup is establishing a way for its wealthy …
Glenn Gamboa / Associated Press:
Anthropic donates $150M to launch Claude Corps, a fellowship program that will hire 1,000 fellows trained in the use of Claude and embed them at US nonprofits  —  Anthropic will donate $150 million to launch a fellowship program that places coaches with nonprofits around the country to help …
Bloomberg:
Crusoe said it had “paused” a plan to build a Wyoming data center; sources: it failed to win customers including Google amid concerns about costs and timetable  —  On Tuesday, the data center developer Crusoe announced that it had “paused” a plan to build an AI campus in Wyoming …

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
Simplifying benefits management in Zoho People  —  Let's consider a new hire on their first day of orientation.  They receive a brief introduction to the benefits plans, and almost immediately, questions start to surface …
IDrive:
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.
Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:
 AI Pioneer Jürgen Schmidhuber: AI Already Feels Pain, Loves, and Is Self-Aware
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
 Inside Podcasting's Fight Over Netflix, YouTube, and Creator Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Uncapped with Jack Altman:
 Sam Blond from Monaco
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Training Data:
 Anthropic's Katelyn Lesse & Angela Jiang: Building an Ecosystem, not a Walled Garden
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
 John Kim - How to Raise a Few Billion Dollars
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Tools and Weapons with Brad Smith:
 Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:45 PM ET, June 11, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
A Paramount shareholder lawsuit claims David and Larry Ellison made an illegal deal with Trump in trade for approval of the WBD merger, promising to revamp CNN

Ted Johnson / Deadline:
Brendan Carr proposes repealing the national ownership cap, which restricts amassing TV stations that cover more than 39% of households, and sets an Aug. 6 vote

Michael M. Grynbaum / New York Times:
The NYT filed a motion Wednesday to quash DOJ subpoenas of three of its reporters demanding they disclose their sources, following coverage of Air Force One

More News

Brian Fagioli / NERDS.xyz:
KKR launches Helix Digital, a new company to finance AI infrastructure, with $10B+ in committed capital from Nvidia, the Kuwait Investment Authority, and others

Earlier Picks

Yang Tian / BBC:
London's Met Police calls on tech companies to make stolen phones unusable and says it is sharing data with Apple to build a “global picture” of stolen devices
A.J. Vicens / Reuters:
The FBI seizes 13 domains allegedly tied to fake consulting firms that sought information from US government and military employees for suspected Chinese agents
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter