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Techmeme
June 3, 2026, 12:55 PM
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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 …
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 …
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 …
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.
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.
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”  —  At Microsoft's annual Build conference on Tuesday, the company announced a slew of new or expanded AI initiatives …
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.
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 …
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.
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
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 …
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 …
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  —  Researchers at the University of Toronto showed how hackers could use artificial intelligence to create a program …
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 …
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  —  Google is trying to buy code from some Android developers as part of a “confidential” program.
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:
@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
Amy Feldman / Forbes:
Collate, whose AI tools automate paperwork for life sciences companies, raised $95M led by Redpoint at a ~$1B valuation, bringing its total funding to $125M  —  In this week's edition of InnovationRx, we look at cancer breakthroughs from the ASCO conference, Clear's move into healthcare, Harrison.ai's U.S. expansion, and more.
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.
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
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%  —  Souring Bitcoin sentiment has triggered almost $1.5 billion in crypto liquidations over the past 24 hours, as the largest digital asset sank back to a two-month low.

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This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, June 3, 2026.

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From Mediagazer

David Shepardson / Reuters:
US Senator Marsha Blackburn raises concerns about Meta's plan to update its commercial terms, saying the terms grant sweeping scraping authority

Esther Addley / The Guardian:
Axel Springer's Telegraph begins layoffs, pledging to become an “AI-powered” global business; sources: up to 100 jobs will go, with culture and sports hit hard

Tyler Falk / Current:
NPR plans to move its public editor partnership from the Poynter Institute to the University of Maryland in 2027, as public editor Kelly McBride leaves the role

More News

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

Earlier Picks

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
Gavin Finch / Reuters:
The US sanctions Nobitex, Iran's largest crypto exchange, accusing it of helping Iran's government and blacklisted state institutions evade Western sanctions
Sawdah Bhaimiya / CNBC:
Marvell's stock closed up 32.52% on June 2, its biggest one-day gain, after Jensen Huang called the US data center chipmaker the “next trillion-dollar company”
Lily Hay Newman / Wired:
Google adds a scam-detection feature, built on RCS, to Android 12 and later that verifies whether a call is coming from the caller's actual Android smartphone
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