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SpaceX agrees to acquire Cursor in a merger valuing the AI coding startup at $60B, set to close in Q3 2026, or pay a $4B to $10B termination fee — Elon Musk's SpaceX (SPCX.O) said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor … | Business Insider: |
A profile of Cursor, including its hiring process and testy relationship with Anthropic, which told Cursor that Claude Code was a research effort, per a source — How the world's hottest AI coding company hitched its fate to Elon Musk's rocket ship — I n 2019, Michael Truell, a shy … | Molly Taft / Wired: |
Filing: the US DOJ asks the court to dismiss an NAACP lawsuit over xAI's gas turbines, saying xAI is integral to the US' military operations, like the Iran War — In a bid to dismiss a lawsuit over xAI's polluting gas turbines, the Justice Department claimed the company is integral to military operations—including the Iran War.| Leo Schwartz / The Information: |
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| Ashley Stewart / Business Insider: |
Sources: Microsoft is adding AWS capacity to GitHub after AI-driven growth strained its infrastructure and contributed to dozens of major GitHub outages in 2026 — Microsoft is turning to its biggest cloud rival, Amazon, to help address capacity issues on its GitHub coding platform following … | Ed Zitron / Ed Zitron's Where's Your Ed At: |
Docs: audited financial figures show OpenAI spent $34B in 2025, up 172% YoY, including $19B on research and development and nearly $6B on sales and marketing — Today, I can exclusively report, based on audited financial documents viewed by this publication that have been independently verified … | The Information: |
Sources: DeepSeek closed a ~$7.4B round at a $50B+ valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng — Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4 billion) … | Aisha Malik / TechCrunch: |
Meta says Threads now has 500M MAUs, adds a “Your Algo” tool that lets users privately control what they see in their feed, and launches Communities out of beta — Nearly three years after launching as a competitor to Twitter (now X), Threads has reaches 500 million monthly active users, the company announced Tuesday.| Antonio G. Di Benedetto / The Verge: |
Microsoft upgrades Surface Pro and Surface Laptop with Qualcomm Snapdragon X2 chips; Pro starts at $1,499 and Laptop at $1,599, both $100 higher than last-gen — New colors and high prices. New colors and high prices. … Microsoft is launching new Surface Laptops … | Reuters: |
Sources: Binance is set to lose permission to offer services to EU clients from the start of July as its application for a license is about to be turned down — Binance, the world's largest crypto exchange, is set to lose permission to offer services to European Union clients within weeks … | Helen Partz / Cointelegraph: |
Robinhood CEO Vlad Tenev says the company is “proactively” reducing its full-time workforce by ~10%, or ~290 employees, in a “flattening” of its org structure — Cointelegraph is committed to independent, transparent journalism. This news article is produced … | Benoit Berthelot / Bloomberg: |
France plans €655M in AI investments through 2030 and a Mistral-powered chatbot for state services; its security service will replace Palantir with Chapsvision — France's domestic intelligence agency, DGSI, will replace Palantir Technologies Inc. data tools with a local alternative … | Cristina Carlevaro / Reuters: |
Italy's competition regulator opens an investigation into Apple under the DMA over whether iOS and iPadOS interoperate with third-party consumer cloud services — Italy's competition regulator said on Tuesday it had opened an investigation into Apple (AAPL.O) over compliance … | Simon van Zuylen-Wood / New York Magazine: |
An interview with SBF about life in prison, his serialized prison memoir titled Manfred, and more, as he praises Trump, becomes a Republican, and seeks a pardon — Sam Bankman-Fried is incarcerated at a federal prison in Lompoc, California, which sits northwest of Santa Barbara and is dubbed “the City of Arts and Flowers.”| Alex Ebert / Bloomberg Law: |
Florida sues TikTok for allegedly violating its social media regulations for minors and state consumer protection laws by showing “X-Rated” content to minors — TikTok Inc. is violating Florida social media regulations for minors and state consumer protection laws by misrepresenting … | Wired: |
Memo: CTO Andrew Bosworth said Meta did “an atrocious job” sharing Applied AI's vision, promising employees better communication, career growth, and more perks — In an internal memo seen by WIRED, Bosworth promised employees more stability, better communication … | Jason Schreier / Bloomberg: |
Sources: several Xbox studios, including Hellblade maker Ninja Theory, are in talks with Microsoft to buy themselves back and go independent to avoid closure — The studios, which include Compulsion Games and Double Fine, are in active negotiations with Xbox and may be given the chance to go independent.| Meir Orbach / CTech: |
Limitless Labs, which is developing an AI platform to automate CNC manufacturing, raised a $20M Series A led by Dell Technologies Capital and Square Peg — Israeli startup targets automation of CNC manufacturing workflows. — Limitless Labs (formerly LimitlessCNC) has raised $20 million … | Andrew Jack / Financial Times: |
Study: Mistral and other open-source AI models are among the worst at filtering out Russian disinformation; Mistral's top model ranks 47 out of 60 tested models — Open-source generative models are worse at removing false news than others, according to Estonian researchers| Wency Chen / South China Morning Post: |
Alibaba's AI unit Tongyi Lab launches the Qwen Robot Suite, its first suite of AI models for robots, in pilot testing with some Alibaba Cloud enterprise clients — Alibaba unveils Qwen robot models to push AI beyond chatbots, as embodied intelligence becomes the next frontier in global AI| Duncan Riley / SiliconANGLE: |
Ent Security, which wants to build a new layer of workspace security that reads the intent behind what users and AI agents do, launches with $100M in funding — Intent-aware endpoint security startup Ent Security launched today with $100 million in funding to build what it calls a new layer … | Emele Onu / Bloomberg: |
Ripple acquires a stake in Flutterwave as part of the African payments startup's Series E, valuing Flutterwave at $3.2B — Flutterwave Inc., one of Africa's most valuable financial-technology startups, sold an equity stake to Ripple, as it seeks to accelerate growth through payments expansion and strategic partnerships.
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 Mail wins the SE Labs Security Award 2026 for Enterprise Email Security Service — When email security works well, nobody notices it.No one starts their day appreciating the phishing email that never reached their inbox.
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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| Brian Thomas / OpenRouter Blog: |
| Arjun Kharpal / CNBC: |
| Lauren Forristal / TechCrunch: |
| Jonathan Stempel / Reuters: |
| A.J. Vicens / Reuters: |