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June 4, 2026, 5:50 AM
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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:
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
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.
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 …
Katherine Blunt / Wall Street Journal:
Alphabet upsized its equity raise to $84.75B, including $35B in underwritten public offerings, up from a planned $30B; a source says it contacted ~75 investors
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 …
Cheng Ting-Fang / Nikkei Asia:
Applied Materials plans to expand its Southeast Asia workforce by 25% in 2026, hiring ~1,000 workers mainly in Singapore, a key chip packaging equipment hub  —  KUALA LUMPUR — U.S. semiconductor equipment maker Applied Materials is aiming to expand its total workforce in Southeast Asia …
More: DigiTimes
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:50 AM ET, June 4, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Connor Hart / Wall Street Journal:
Hasbro launches Sixth Wall, an AI studio working with ElevenLabs and voice actors to create and license AI-native versions of its characters and franchises

Washington Post:
Two Stars and Stripes advisory board members sue the US Defense Department, saying new restrictions on the paper violate the First Amendment and federal law

Adam Rose / The Guardian:
Police at an NJ immigration center's protests treated media inconsistently; the US Press Freedom Tracker counted 30 assaults by officers on reporters in a week

More News

Byron Kaye / Reuters:
Meta says Australia's proposed tax on domestic revenue for tech giants that don't sign news licensing deals violates the US-Australia Free Trade Agreement
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
Greg Miller / Washington Post:
The US and other Five Eyes nations warn that China is flooding online job platforms with fake profiles and offers targeting government and military personnel

Earlier Picks

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
@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
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
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
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
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
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
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