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June 5, 2026, 6:55 PM
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Top News

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 …
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:
Filing: Google has agreed to pay SpaceX $920M per 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
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.
Reuters:
Trump signs a national security memorandum seeking to “accelerate the use of AI across intelligence and warfighting domains in line with American values”  —  The White House said on Friday it would accelerate the development and use of AI for national security applications …
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.
Noel Randewich / Reuters:
US-traded chipmakers plunged on Friday, after Broadcom missed expectations; Nvidia fell 6.19%, Micron fell 13.25%, AMD fell 10.86%, and Broadcom 7.92%  —  U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia …
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 …
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 …
Bloomberg:
Sources: Apollo and Blackstone finalized a $35B package for Anthropic to lease TPUs; Broadcom is backstopping payments on the debt's largest senior portions  —  Apollo Global Management Inc. and Blackstone Inc. have finalized a $35 billion financing package for Anthropic PBC to expand its AI infrastructure …
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
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 …
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.  Forums: r/accelerate
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
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 …
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 …
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 …
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.

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This is a Techmeme archive page. It shows how the site appeared at 6:55 PM ET, June 5, 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

Max Tani / Semafor:
Sources: Bari Weiss has repeatedly asked CBS journalists to find links between Michigan Democratic Senate candidate Abdul El-Sayed and the Muslim Brotherhood

Brian Stelter / CNN:
CNN's Chief International Anchor Christiane Amanpour plans to leave next June, after 43 years with the network

CNN:
Skydance extends Jon Stewart's contract to host Comedy Central's The Daily Show through December 2028, keeping him on through the next presidential election

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

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
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”
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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