| Anthropic: |
Anthropic says it is disabling Fable 5 and Mythos 5 for all customers after the US government issued an export control order, citing national security concerns — The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 … | Axios: |
Source: the US Commerce Department decided to block foreign persons from accessing Fable 5 and Mythos 5 after a company claimed it was able to jailbreak Mythos — The Trump administration is blocking foreign governments, companies and individuals from accessing Anthropic's most advanced AI models.| Ananya Palyekar / Reuters: |
| Alex Harring / CNBC: |
SpaceX closes up 19% at $160.95 in its debut, with a ~$2.1T market value, after opening at $150, up 11% from its IPO price; Musk becomes the first trillionaire — SpaceX shares soared on Friday, propelling the rocket company's valuation above $2 trillion, as trading commenced on the Nasdaq … | Edward Ludlow / Bloomberg: |
Sources: SpaceX decided to rent its Colossus 1 data center to Anthropic after internal teams struggled to use it for Grok development due to latency issues — - Musk's firm struggled with latency issues with Colossus 1 — SpaceX has made AI infrastructure a key part of its IPO pitch| Wired: |
Sources detail frustration inside Meta's Applied AI team, formed in March to support Superintelligence Labs, over menial projects, “soul-crushing” work, more — Executives and employees alike are struggling with Meta's chaotic AI strategy, according to sources and internal discussions reviewed by WIRED.| Jyoti Mann / The Information: |
Staff memo: Meta plans to limit employee token usage and encourage employees to use MetaCode, after internal AI spending forecasts reached billions for 2026 — Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employees' token usage … | Wall Street Journal: |
OpenAI was subpoenaed on Friday by a coalition of state AGs for documents covering a wide range of its activities and impact on users — Company subpoenaed for documents covering wide range of its activities and impact on users — A coalition of state attorneys general has opened … | Sean Michael Kerner / VentureBeat: |
Moonshot AI releases Kimi K2.7-Code, claiming 30% lower reasoning token usage compared to K2.6, available under a modified MIT license — Moonshot AI released Kimi K2.7-Code this week, an open-source update to its K2 coding model family, claiming leaner reasoning and double-digit performance gains.| Vicky Ge Huang / Wall Street Journal: |
Crypto-data provider Blockworks says it has acquired its rival Messari; source: Blockworks paid more than $10M for Messari, which was valued at $300M in 2022 — Buyer pays more than $10 million for company valued at around $300 million in 2022 — The crypto-data provider Blockworks … | Yasmin Khorram / Politico: |
The US DOJ approves Paramount's $111B purchase of WBD without forcing divestitures or behavioral remedies; state AGs could still try to block the move — In a statement, the Antitrust Division said its eight-month review “determined based on the evidence received in its investigation … | Financial Times: |
KPMG retracts a report on AI's benefits after it has been found to exaggerate AI adoption with case studies that appear to have been based on AI hallucinations — Bogus case studies on UBS and transit systems exaggerated adoption of the technology. A KPMG report on how AI is being used … | Aaron Holmes / The Information: |
Sources: Microsoft considered spinning out or restructuring its Xbox unit as a wholly-owned subsidiary, or creating a joint venture with other partners — As Microsoft gets ready to overhaul its struggling Xbox gaming unit, it hasn't ruled out spinning out or restructuring the unit … | Cecilia Kang / New York Times: |
Google sues Chinese cybercrime network Outsider Enterprise, accusing it of using Gemini to create fake websites and scam hundreds of thousands of Americans — Google warned that artificial intelligence had supercharged the problem of online scams.Andria Lo for The New York Times| Michael Peel / Financial Times: |
After years of false dawns, Big Tech, startups, and governments are betting on commercially useful quantum computers by 2030, as skeptics worry about hype — Companies are betting on big implications for pharmaceuticals, financial services and crypto. But sceptics worry about hype.
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research — Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Jaspreet Singh / Reuters: |
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| Lorenzo Franceschi-Bicchierai / TechCrunch: |
| Seth Fiegerman / Bloomberg: |
| Dan Primack / Axios: |