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Techmeme
June 4, 2026, 2:40 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 the company at almost $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, satellite …
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 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 …
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  —  $35 billion  —  That's how much stock Google parent Alphabet ended up selling this week in underwritten public offerings …
Samantha Subin / CNBC:
CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, vs. $1.36B est., and forecasts Q2 revenue of about $1.44B, vs. $1.43B est.; CRWD drops 9%+ after hours  —  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, vs. $22.27B est., and forecasts Q3 semiconductor revenue from AI below estimates; AVGO drops 12%+ after hours  —  Broadcom (AVGO.O) missed Wall Street expectations for second-quarter revenue on Wednesday, as increased competition …
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 …
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.
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?
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.
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.
James Paton / Financial Times:
How AI tools from Harvey, Legora, and Anthropic are challenging legal tech incumbents like Thomson Reuters and LexisNexis, which are upgrading their products  —  Incumbents are upgrading products, while emphasising authoritative content and expertise that legal teams can trust
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
Bloomberg:
Sources: Lila Sciences, which uses AI tools to speed up the rate of scientific discovery, is in talks to raise a $2B Series B at an expected valuation of ~$8.5B  —  Artificial intelligence research startup Lila Sciences Inc. is in talks to raise about $2 billion at an expected valuation …
Sarah Perez / TechCrunch:
Amazon announces new visual search features, including displaying AI-generated images of products within its app based on users' search queries  —  In what may be one of the more questionable uses of AI to date, Amazon announced on Wednesday that it will display AI-generated images …
The Information:
Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022  —  Nvidia has bought Kumo AI, a five-year-old startup that sells predictive AI software to enterprises, for more than $400 million, said a person with knowledge of the deal.
More: Fortune and SiliconANGLE

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:40 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

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

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

Earlier Picks

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
Victoria Song / The Verge:
Meta is spinning off Supernatural into an independent company, Supernatural Health, after earlier saying the VR fitness game would stop getting new content
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
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
Dean Seal / Wall Street Journal:
GitLab cuts 350 staff, or ~14% of its workforce, pivoting “to be the trusted enterprise platform for software creation in the AI era”, and exits 22 countries
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