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June 5, 2026, 5:15 PM
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Wall Street Journal:
Sources: US officials discussed the US taking stakes in major AI companies after Sam Altman pitched the idea in 2025; Altman met Bernie Sanders on Wednesday  —  The talks have been with artificial-intelligence leaders such as OpenAI CEO Sam Altman, who pitched the idea
Bloomberg:
President Trump says he is weighing proposals for US government to hold equity stakes in leading AI labs, and will soon discuss the idea with their executives  —  President Donald Trump expressed interest in the US government holding equity stakes in leading artificial intelligence developers …
Mark Gurman / Bloomberg:
What to expect at WWDC 2026: an overhauled Siri, a Siri app, a slew of new AI capabilities, OS updates focused on reliability and responsiveness, and more  —  The iPhone maker will attempt its artificial intelligence turnaround on Monday.  —  Apple Inc. will unveil a new artificial intelligence strategy …
Bloomberg:
Filing: Google has agreed to pay SpaceX $920M a month for access to Nvidia chips as part of a cloud-services deal that runs through mid-2029  —  Alphabet Inc.'s Google has agreed to pay Elon Musk's SpaceX $920 million a month for computing power as part of a cloud services deal that runs through mid-2029 …
Financial Times:
Sources: Meta explores a stock offering to raise tens of billions to fund AI capital expenditures, following Google's record $85B share deal; META drops 5%+  —  Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure
Aaron Holmes / The Information:
In an internal message, Satya Nadella rebuked an internal memo that said Microsoft needs to “make people addicted” to its new AI agent product called Scout  —  Microsoft CEO Satya Nadella on Thursday rebuked an internal memo that another company executive had written advocating to …
James Gallagher / BBC:
University of Cambridge researchers say they have developed the first vaccine with a key component entirely designed by AI and subsequently trialed it in humans  —  Artificial intelligence has been used to develop a “fundamentally new” type of vaccine that could protect against large swathes …
Rashi Shrivastava / Forbes:
Sources: AI coding startup Lovable is in talks to raise funding at a $12B valuation, up from $6.6B in December 2025  —  The less than two-year old startup crossed $400 million in annual recurring revenue earlier this year.  The new fundraise would almost double its valuation.
More: Memeburn
CNBC:
Bitcoin falls below $60K, its lowest level since October 2024, amid a record streak of bitcoin ETF outflows following Strategy's bitcoin sale  —  Bitcoin extended its losses on Friday, dropping to October 2024 lows to cap an already bruising week for crypto investors.
Grace Kay / The Information:
Sources say xAI used Claude models for distillation and training, including using personal accounts and the intermediary service Blackbox AI after being cut off  —  SpaceX's AI lab has had a chaotic year so far, churning through leaders and staff before bringing in outside help in an effort to catch up to Anthropic in coding.
Wired:
Analysis: Meta discreetly added code for an unreleased “NameTag” face-recognition system for its AI smart glasses over multiple Meta AI app updates in 2026  —  Code reviewed by WIRED uncovered an unreleased face-recognition system embedded in Meta's smart glasses platform.
Wall Street Journal:
The largest US banks plan to launch a tokenized deposit network in 2027 to connect traditional payment rails with the infrastructure that digital assets run on  —  The new network could help banks contend with a wave of new competition from stablecoins and crypto firms
Financial Times:
Sources: SpaceX prepares the largest retail allocation ever attempted in a megacap IPO, seeking to reserve as much as 25% of its $75B float for retail investors  —  Up to a quarter of the rocket builder's $75bn float will be set aside for individual investors
Ryan Christoffel / 9to5Mac:
Apple-funded study: the App Store had $1.4T in billings and sales globally in 2025; apps with consumer AI features saw 4x more billings growth than other apps  —  Apple shares update on 2025 App Store success  —  “Developers are the heartbeat of the App Store, and this year's incredible milestone …
Isabelle Lee / Bloomberg:
S&P Dow Jones rejects proposals to expedite S&P 500 eligibility for mega-cap IPOs such as SpaceX's; companies remain ineligible until one year after their IPOs  —  S&P Dow Jones Indices will keep its existing eligibility requirements for the S&P 500, rejecting proposals …
Lauren Feiner / The Verge:
The NY State legislature passes a one-year moratorium on new large data centers, the first statewide ban of its kind if Governor Kathy Hochul signs it into law  —  It could become the first ban of its kind in a state. … The New York State legislature passed a one-year moratorium …
Bloomberg:
Sources: Revolut is looking to run a secondary share sale that would value it at $115B, after receiving a UK bank license and applying for a charter in the US  —  Revolut Ltd. is looking to run a secondary share sale that would value the digital bank at $115 billion, on the heels of receiving …

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This is a Techmeme archive page. It shows how the site appeared at 5:15 PM ET, June 5, 2026.

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From Mediagazer

Ted Johnson / Deadline:
FCC Chairman Brendan Carr warns broadcasters not to air “fake polls” or “suppression polls”, once again threatening regulatory action for news content

Max Tani / @maxwelltani:
Independent reporter Andrew Feinberg says the White House told him he is no longer the print pool reporter on Thursday, after Trump snapped at him on Tuesday

Marc Caputo / Axios:
White House counsel warned Politico on Monday that the outlet had 48 hours to retract or correct stories about Chief of Staff Susie Wiles or face consequences

More News

Natasha Korecki / NBC News:
Illinois Governor JB Pritzker plans to temporarily halt tax breaks for data centers from July 1, calling on state lawmakers to create a development framework

Earlier Picks

Mark Tyson / Tom's Hardware:
Cloudflare CEO Matthew Prince says agentic traffic is “growing so fast that bots have now passed human traffic online for the first time”
Wall Street Journal:
Anthropic calls for top AI labs to weigh slowing or temporarily pausing development, suggesting that self-improving AI systems may soon pose societal risks
OpenAI:
OpenAI updates ChatGPT's memory with a “more capable and compute-efficient” architecture and a summary page that lets users review and steer what it remembers
Nivedita Balu / Reuters:
Canada unveils “AI for all”, its AI strategy that it says will help create 250,000 jobs by 2031, with a CA$500M tech fund for investing in homegrown AI startups
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