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Techmeme
June 3, 2026, 1:15 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 …
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.
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.
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 …
@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
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 …
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:
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.
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.
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.
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
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.
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  —  However, like its immediate predecessor Qwen3.7-Plus is available only under a “closed” commercial license via proprietary …

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This is a Techmeme archive page. It shows how the site appeared at 1:15 PM ET, June 3, 2026.

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From Mediagazer

Deadline:
A US district court judge says she'll issue a ruling by July 22 on state AGs' request for a temporary stay that would pause the Paramount-WBD merger

Patrick Hipes / Deadline:
Sinclair-owned TV stations affiliated with ABC and NBC aired Trump's speech about elections, using Sinclair's feed; Sinclair owns or operates 177 stations

Etan Vlessing / The Hollywood Reporter:
Sen. Elizabeth Warren and seven Democratic House members write to the DOJ, calling for an impartial antitrust review of Fox Corp's planned $22B Roku acquisition

More News

Earlier Picks

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
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%
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”
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