Techmeme
June 2, 2026, 9:15 AM

Top News

Bloomberg:
Alphabet is raising $80B through equity offerings, including a $10B investment deal with Berkshire, to fund AI spending, in one of the largest equity deals ever  —  Google parent Alphabet Inc. is raising $80 billion in equity offerings, including an investment deal with Berkshire Hathaway Inc. …
Mike Isaac / New York Times:
Anthropic says it has confidentially filed for an IPO, which could happen as soon as this fall, joining OpenAI and SpaceX in preparing to go public in 2026  —  The artificial intelligence company, which is racing OpenAI to the stock market, has seen explosive growth over the last year thanks largely …
Jason Koebler / 404 Media:
Hackers say they used Meta's AI support chatbot to change emails tied to Instagram accounts, amid a wave of high-profile account takeovers; Meta fixed the issue  —  The exploit shows the extreme risk of offloading technical support to AI.  —  Hackers say that they used Meta's AI support chatbot …
More: Krebs on Security, Ars Technica, The Verge, 9to5Mac, 0xsid.com, Fortune, Macworld, TechCrunch, The Verge, BBC, Task & Purpose, PhoneArena, MacRumors, Simon Willison's Weblog, TMZ.com, SecurityWeek, PCMag, Metro.co.uk, Android Authority, The Rundown AI, The Indian Express, Digit, Digital Trends, Tech Times, Cyber Security News, Livemint, The Hans India, KTLA, Social Media Today, Ace of Spades HQ, Gizmodo, TechRadar, Futurism, iPhone in Canada, Mashable, TotalProSports, and GBHackers Security
Rohan Prabhu / Step Security Blog:
Researchers find packages in the @redhat-cloud-services npm namespace shipped malware that harvests credentials for GitHub Actions, AWS, GCP, Azure, and others  —  Several packages in the @redhat-cloud-services npm scope were found to carry malicious payloads that fire via a preinstall hook on every npm install.
Arriana McLymore / Reuters:
Amazon schedules Prime Day for June 23 to June 26, shifting the four-day sales event from July to avoid the end of the FIFA World Cup and US Independence Day  —  Amazon.com (AMZN.O) will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years …
Brody Ford / Bloomberg:
HPE reports Q2 revenue up 40% YoY to $10.7B, above $9.74B est., Server revenue up 33%, forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+ pre-market  —  Hewlett Packard Enterprise Co. shares soared in extended trading after the company gave an outlook for annual sales that topped estimates …
NBC News:
Florida AG James Uthmeier sues OpenAI and Sam Altman, seeking to hold Altman personally liable for deceptive trade practices, negligence, and public nuisance  —  Florida's seeks to hold Sam Altman personally liable, accusing OpenAI of marketing ChatGPT as safe while concealing that it could drive users toward harm.
Bloomberg:
A profile of Valve, which PrivCo estimates generated $5.2B in revenue and $1.5B in net income in 2025, as lawsuits allege its Steam store abuses market power  —  Lawsuits in the US and the UK allege the company's Steam store is abusing its market power.  Valve disagrees.
CNBC:
An interview with Sam Altman on OpenAI's massive Stargate data center project in Saline, Michigan, coding models being the biggest driver of AI demand, and more  —  Following is the unofficial transcript of a CNBC exclusive interview with OpenAI CEO Sam Altman on CNBC's “Power Lunch” (M-F, 2PM-3PM ET) today, Monday, June 1.
Kyle Orland / Ars Technica:
GitHub Copilot's new pricing model takes effect; many users report sticker shock, with some saying a few hours of AI usage eats big chunks of their monthly caps  —  In April, GitHub announced that it was moving subscribers from request-based billing to a usage-based model for its AI-powered Copilot service.
Andrew Martin / Bloomberg:
Analysis: Palo Alto Networks shareholders have voted to reject pay packages for top executives seven times since 2015, more than any other S&P 500 company  —  A majority of Palo Alto Networks investors have voted against the cybersecurity company's executive pay seven times in 11 years.
Stephen Foley / Financial Times:
AI will significantly disrupt IT consultancies as AI labs build advisory arms and executives expect more projects priced based on outcome instead of by the hour  —  Accenture made a fortune from previous tech revolutions but investors think AI could kill it, not make it stronger.
Michelle Ma / Bloomberg:
Gigascale Capital, a climate tech VC firm co-founded by former Meta CTO Mike Schroepfer, closed a $250M fund to back early-stage startups supporting the AI boom  —  Gigascale Capital closed a $250 million fund for early-stage startups.  —  Climate tech venture capital firm Gigascale Capital …
Max Cherney / Reuters:
Computex 2026: ARM CEO Rene Haas says Oracle and ByteDance are among the customers of the company's new AGI CPU data center chips  —  Chinese tech company ByteDance and U.S. data centre firm Oracle (ORCL.N) are among the customers of Arm's (O9Ty.F) AI data centre chips, the head of the chip designing firm said on Tuesday.

Sponsor Posts

Command Line:
We can build it.  Can we judge it?  —  As agentic AI shortens the path from idea to shipped code, journey evaluation becomes a critical design skill.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
Zoho Backstage 4.0: Introducing the most powerful event experience platform from Zoho, ever  —  Every year, we observe Event Organizers Day on October 23 to celebrate the hard work and creativity event planners bring to every event.
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Featured Podcasts

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OpenAI:
Simon Lock / TBIJ:

Earlier Picks

Sean Hollister / The Verge: