Techmeme
June 4, 2026, 5:40 AM

Top News

Bailey Lipschultz / Bloomberg:
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value it at almost $1.77T, eclipsing Aramco's $29.4B IPO in 2019  —  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 …
Bloomberg:
Carl Franzen / VentureBeat:
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory  —  While many AI open source model providers are pursuing larger and more powerful models, Google is still giving attention to the smaller, more local side of the market.
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 …
Bloomberg:
In a SITC 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 …
Samantha Subin / CNBC:
CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, above $1.36B est., and forecasts Q2 revenue of ~$1.44B, above $1.43B est.; CRWD drops 9%+ pre-market  —  CrowdStrike narrowly beat Wall Street's fiscal first-quarter estimates after the bell on Wednesday, but shares slid 10% following the report.
Reuters:
Broadcom reports Q2 revenue up 48% YoY to $22.19B, below $22.27B est., and forecasts Q3 semiconductor revenue from AI below est.; AVGO drops 12%+ pre-market  —  Broadcom (AVGO.O) missed Wall Street expectations for second-quarter revenue on Wednesday, as increased competition …
Jason Koebler / 404 Media:
Moderators of the r/biohackers subreddit claim that peptide companies are spamming their forum in hopes of getting their posts scraped and used by AI chatbots  —  Peptide companies have been doing AI-engine optimization by spamming the biohackers subreddit to manipulate ChatGPT and Google.
Katherine Blunt / Wall Street Journal:
Juli Clover / MacRumors:
Apple says users in Texas must confirm they are 18 years or older or obtain parental consent to create an Apple Account starting June 4, after a court ruling  —  Apple today said App Store rules in Texas are changing due to the enforcement of SB 2420, a law that adds age assurance requirements for app marketplaces and developers.
The Hacker News:
Security company Calif says it used 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 …
Bloomberg:
CoinGecko: Hyperliquid-linked HYPE token is up ~180% YTD, lifting its market value above $16B and pushing it into the top 10 digital assets by market cap  —  As billions of dollars leave Bitcoin and Ether funds, money is flowing into a corner of crypto that promises something investors …
Madhumita Murgia / Financial Times:
A profile of Anthropic as it prepares to go public and broaden access to Mythos, amid criticism that commercial pressures have eroded its AI safety standards  —  Can the AI company hold on to its ethical founding principles as it strides to market with its most powerful and unnerving tool yet?
Natalia Kniazhevich / Bloomberg:
Liftoff Mobile raised $437M in its US IPO, selling 19M shares for $23 each, above its marketed range of $20 to $22, valuing the company at $3.83B  —  Liftoff Mobile Inc. raised $437 million in a US initial public offering that priced above its marketed range, in the company's second attempt at going public this year.
Kate Clark / Wall Street Journal:
Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades focusing on new startups  —  After a late-stage bet on Cerebras delivered big returns, Benchmark decided to raise its first-ever growth fund

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More News

Byron Kaye / Reuters:
Greg Miller / Washington Post:

Earlier Picks

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David Phelan / Forbes:
Mathieu Pollet / Politico: