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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 … | Kate Conger / New York Times: |
Google Cloud says its SpaceX compute deal is a “short-term” agreement “to ensure we have bridge capacity to meet surging customer demand” for Gemini Enterprise — Elon Musk's rocket company said Google would pay it $920 million a month, as it prepared for its initial public offering.| Max Tani / Semafor: |
Kalshi and Polymarket sponsored X posts promoting viral LA mayoral election fraud conspiracy theories; Kalshi says it asked its paid influencers to remove posts — THE SCOOP — Kalshi on Friday asked some of its paid political influencers to remove X posts that sowed doubt about the integrity … | 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 … | CNBC: |
Source: OpenAI and White House are discussing a government stake in the company, to seed something like the “Public Wealth Fund” that OpenAI outlined earlier — OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday.| Igor Bonifacic / Engadget: |
OpenAI rolls out Lockdown Mode, an optional security setting designed to offer users advanced protection from prompt injection attacks by limiting some features — The company says most users don't need to use the feature. — OpenAI has begun rolling out Lockdown Mode … | Elizabeth Dwoskin / Washington Post: |
Inside the Trump admin's push to integrate AI into the healthcare system, including an FDA regulatory fast track for digital health tech like AI chatbots — The administration is laying the groundwork for chatbots that can diagnose illness and prescribe medicine, but physicians say AI can introduce more problems.| Josh Eidelson / Bloomberg: |
FOIA docs reveal Amazon's extensive control over delivery drivers it insists are not employees, in a case the NLRB sought to settle on terms favorable to Amazon — The feds were pushing a landmark case about Amazon's control of its contract drivers. Then the president put Amazon's former lawyer in charge.| Financial Times: |
Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year — UK maker of tiny low-cost computers expects ‘robust demand’ to push unit sales above 4mn in first half| Ramsay Hodgson / Financial Times: |
Paris-listed Teleperformance, the world's largest customer service company, has become one of Europe's most shorted stocks, as hedge funds bet on AI disruption — Outsourcing companies hit as investors see ‘clean’ disruption risk — Hedge funds are betting against the shares and debt … | Abhirup Roy / Reuters: |
Sources: Uber has committed nearly $500M to self-driving startup Nuro, providing a crucial runway as Nuro works to prove its technology at commercial scale — Uber (UBER.N) has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters … | Mayumi Negishi / Bloomberg: |
SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027 — SoftBank Group Corp.'s payments unit is buying the life insurance unit of T&D Holdings Inc. for ¥134.3 billion ($840 million) … | Ami Yamada / Nikkei Asia: |
Kepple: seed-stage startup funding in Japan fell 42% YoY in 2025 to a 10-year low of $124M, as the Tokyo Stock Exchange moves to reduce small listings — TOKYO — Funding in Japan for the earliest-stage startups tumbled 42% last year to a 10-year low of 19.9 billion yen ($124 million) … | Akash Girimath / Decrypt: |
Privacy token Zcash plunges after the disclosure of a 2022 vulnerability in its Orchard shielded pool that could have allowed undetectable ZEC counterfeiting — Zcash plunged double digits overnight after developers disclosed a critical vulnerability in the protocol's Orchard shielded pool …
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