Techmeme
June 3, 2026, 5:20 PM

Top News

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 …
Bailey Lipschultz / Bloomberg:
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at ~$1.77T  —  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, space and artificial intelligence company targets …
Bloomberg:
Analysis: 10 Trump officials, including special envoy Steve Witkoff, reported holding stakes in SpaceX or xAI collectively worth $9.9M+, ahead of SpaceX's IPO  —  SpaceX's initial public offering will likely make President Donald Trump's already wealthy administration even richer.
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 …
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.
Ivan Mehta / TechCrunch:
Meta introduces Meta Business Agent, an AI agent that lets businesses on WhatsApp, Instagram, and Messenger answer customer questions, close sales, and more  —  For years, WhatsApp has been a communication layer for businesses of all sizes around the world.
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 …
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:
Dean Seal / Wall Street Journal:
Bloomberg:
In a 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 …
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.
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 …
Ben Glickman / Wall Street Journal:
AI market research platform AlphaSense raised $350M from Vitruvian, Accenture, and others at a $7.5B valuation, up from $4B in 2024, ahead of a possible IPO  —  Firm raises $350 million from investors including Accenture and JPMorgan's asset-management unit.
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 …
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 …
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 …
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 …
@themidasproj:
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 …
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:

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The Verge:

Earlier Picks

Katherine Blunt / Wall Street Journal:
Aisha S Gani / Bloomberg:
Kylie Robison / Core Memory:
Carl Franzen / VentureBeat:
Cade Metz / New York Times: