Week of May 31 – Jun 6, 2026

Sun 2026-05-31 → Sat 2026-06-06 · 150 stories

AI model & product releases

Chinese AI developer MiniMax debuts M3, a new coding model that it says rivals Claude Opus 4.7, costing $0.12 per 1M input tokens, compared with $5 for Opus 4.7 Juro Osawa / The Information · 2026-06-01
Sources: at Build, Microsoft plans to unveil a Copilot “super app”, a new reasoning AI model developed by Microsoft AI, and lots of Windows developer features Tom Warren / The Verge · 2026-06-01
Nvidia launches Nemotron 3 Ultra, a 550B-parameter MoE open model; Artificial Analysis says it is the smartest open US model, but trails Chinese model Kimi K2.6 Maximilian Schreiner / The Decoder · 2026-06-01
Nvidia unveils an open humanoid reference design built on Isaac GR00T and its Jetson Thor chip, combining a Unitree H2 Plus robot and Sharpa five-fingered hands Stephen Nellis / Reuters · 2026-06-01
OpenAI unveils new Codex plugins for tasks related to public equity investment, banking and sales, and other roles, and plans to integrate Codex into ChatGPT Shirin Ghaffary / Bloomberg · 2026-06-02
Microsoft unveils Project Solara, an Android-based platform for agent-first devices, with concept hardware and pilots planned at Best Buy, Target, and others Todd Bishop / GeekWire · 2026-06-02
Microsoft announces Scout, an always-on enterprise AI agent built on OpenClaw, appearing as a Microsoft Teams contact to automate tasks like scheduling and more Reece Rogers / Wired · 2026-06-02
Microsoft debuts MAI-Thinking-1, its first advanced reasoning AI model, trained “from the ground up on clean data, without distillation from third-party models” Jay Peters / The Verge · 2026-06-02
Alibaba releases Qwen3.7-Plus, a multimodal proprietary model with a 1M-token context window, costing $2 per 1M tokens, 60% less than the text-only Qwen3.7-Max Carl Franzen / VentureBeat · 2026-06-03
Meta introduces Meta Business Agent, an AI agent that lets businesses on WhatsApp, Instagram, and Messenger answer customer questions, close sales, and more Ivan Mehta / TechCrunch · 2026-06-03
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory Carl Franzen / VentureBeat · 2026-06-03
Internal documents: Meta is considering tiered pricing for “Hatch”, its planned OpenClaw-like AI agent tool, including a $200-per-month premium subscription Jyoti Mann / The Information · 2026-06-03
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 OpenAI · 2026-06-04
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 Mark Gurman / Bloomberg · 2026-06-05

Capability thresholds

Cloudflare CEO Matthew Prince says agentic traffic is “growing so fast that bots have now passed human traffic online for the first time” Mark Tyson / Tom's Hardware · 2026-06-04
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 James Gallagher / BBC · 2026-06-05

Revenue & scale milestones

HPE reports Q2 revenue up 40% YoY to $10.7B, above $9.74B est., Server revenue up 33% YoY, and forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+ Brody Ford / Bloomberg · 2026-06-01
Zhipu AI says it plans to apply for a listing in Shanghai; Zhipu's Hong Kong-listed shares are up 10x+ since its January IPO, giving it an ~$83B market cap Reuters · 2026-06-02
Broadcom reports Q2 revenue up 48% YoY to $22.19B, vs. $22.27B est., and forecasts Q3 semiconductor revenue from AI below estimates; AVGO drops 12%+ after hours Reuters · 2026-06-03

User behavior & adoption

Sources: Tencent, which has fallen behind domestic rivals in AI models, plans to test an AI agent for WeChat with a small group of users before a phased rollout Zijing Wu / Financial Times · 2026-06-01
OpenAI releases a new knowledge work report: Codex now has 5M+ weekly active users, up 6x+ since February, and knowledge workers represent ~20% of Codex users OpenAI · 2026-06-02
Sensor Tower: ChatGPT becomes the fastest app by far to hit 1B global MAUs; ChatGPT's MAUs are up 62% YoY in Q2 to date and Claude's MAUs are up 640% YoY to 56M Harshita Mary Varghese / Reuters · 2026-06-02
Public First: 26% of Americans support increased data center construction, the lowest share among 15 large countries, such as Brazil, Japan, the UK, and Canada Financial Times · 2026-06-04
SpaceX says Starlink now has 12M+ “active customers with high-speed internet” across 160+ countries, territories, and other markets, up from 9M in December 2025 @starlink · 2026-06-05
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 Ryan Christoffel / 9to5Mac · 2026-06-05

Platform & policy

With Microsoft's GitHub Copilot shifting to token-usage billing on June 1, many developers bemoan massive cost increases and the end of flat-rate subscriptions Lucas Ropek / TechCrunch · 2026-05-31
Sources: Anthropic plans to let the EU's cyber agency ENISA join Project Glasswing and access Mythos; EU officials went to the US last week to ask for access Gian Volpicelli / Bloomberg · 2026-06-01
Strava is adding a $11.99 monthly fee for developer API access and moving public profiles and fitness club listings behind authentication to combat AI scraping Ivan Mehta / TechCrunch · 2026-06-01
GitHub Copilot's new pricing model takes effect; many users report sticker shock, with some saying a few hours of AI usage eats big chunks of their monthly caps Kyle Orland / Ars Technica · 2026-06-01
Sources: after Trump nixed an AI EO on May 21, US officials are navigating internal strife and chaotic talks; early model access was the most contentious issue Wired · 2026-06-02
Anthropic says it will extend Project Glasswing to organizations in 15+ countries, sources say giving Mythos access to Five Eyes, NATO, Samsung, SK, and others Financial Times · 2026-06-02
President Trump signs a scaled-back AI EO that seeks to address AI's cybersecurity threats; sources say it imposes less scrutiny on AI than the scrapped version Sophia Cai / Politico · 2026-06-02
Email: the EU Parliament plans to replace Google with the French search engine Qwant as the default search tool on its computers, seeking digital sovereignty Politico · 2026-06-02
Email: Google asked Google Play app developers to “join a confidential content offer pilot”, offering to pay for codebase access to train its AI coding tools Jason Koebler / 404 Media · 2026-06-02
The EU Commission unveils its tech sovereignty package, including the EU's Cloud and AI Development Act, in a bid to reduce its reliance on US tech companies Mathieu Pollet / Politico · 2026-06-03
Meta is alerting Instagram users whose accounts were taken over using Meta AI chatbot; some hackers claim to still be able to exploit Meta AI chatbot Lorenzo Franceschi-Bicchierai / TechCrunch · 2026-06-03
OpenAI diverges from Trump's AI EO in a new policy paper, proposing cyber risk evaluations for advanced AI systems be mandatory and led by CAISI, not the NSA Brendan Bordelon / Politico · 2026-06-03
Apple says users in Texas must confirm they are 18 years or older or obtain parental consent to create an Apple Account starting June 4, after a court ruling Juli Clover / MacRumors · 2026-06-03
The UK CMA says publishers in the country will be allowed to opt out of Google's AI Overviews search results, giving Google nine months to implement the changes Imran Rahman-Jones / BBC · 2026-06-03
Meta's Oversight Board says Meta's account deactivations lack due process, violations are handed out without clarity, and there's little support for appeals Sarah Perez / TechCrunch · 2026-06-04
Poke, which lets users access AI agents via text message, becomes the first AI agent approved for Apple's Messages for Business platform; Poke launched in March Sarah Perez / TechCrunch · 2026-06-04
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 Wired · 2026-06-04
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 Bloomberg · 2026-06-05
Trump signs a national security memorandum seeking to “accelerate the use of AI across intelligence and warfighting domains in line with American values” Reuters · 2026-06-05
OpenAI confirms it will comply with President Trump's EO that asks AI companies to allow the US government to assess their models' capabilities before release Michael Considine / CNBC · 2026-06-05
Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures Robert Wright / Financial Times · 2026-06-06
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 Elizabeth Dwoskin / Washington Post · 2026-06-06

Infrastructure & compute

Nvidia unveils DGX Station for Windows, a desktop PC powered by a GB300 Grace Blackwell chip with up to 748 GB of memory, capable of running 1T-parameter models Mike Wheatley / SiliconANGLE · 2026-06-01
Jensen Huang says Anthropic, OpenAI, and SpaceX are among the first big users of Nvidia's new Vera CPUs, which are 1.8x faster at AI workloads than x86 chips Ian King / Bloomberg · 2026-06-01
Intel details its Crescent Island data center GPUs, built on its Xe3P architecture and using LPDDR5X memory instead of HBM, calling them “built for agentic AI” Jeffrey Kampman / Tom's Hardware · 2026-06-01
French private equity firm Ardian partners with data center group Verne to build an up to €5B AI “gigafactory” outside Paris, targeting 500MW in total capacity Financial Times · 2026-06-01
Alphabet is raising $80B through equity offerings, including a $10B investment deal with Berkshire, to fund AI spending, in one of the largest equity deals ever Bloomberg · 2026-06-01
Computex 2026: ARM CEO Rene Haas says Oracle and ByteDance are among the customers of Arm's new AGI CPUs for data centers Max Cherney / Reuters · 2026-06-02
SK Hynix Chair Chey Tae-won says the company plans to double its memory chip capacity over five years, responding to a global shortage that could last till 2030 Debby Wu / Bloomberg · 2026-06-02
Sources: the EU's €20B investment plan from 2025 to build five AI data centers is floundering, with delays and funding issues alienating some potential partners Bloomberg · 2026-06-02
Sources: a Broadcom-backed portion of Apollo and Blackstone's $36B debt deal to buy TPUs for Anthropic to lease may yield ~5.75% vs. 8%-9% for a riskier portion Bloomberg · 2026-06-02
The US data center build-out is falling behind schedule; JP Morgan says 60%+ of data center capacity planned for completion in 2027 isn't yet under construction Katherine Blunt / Wall Street Journal · 2026-06-03
Alphabet upsized its equity raise to $84.75B, including $35B in underwritten public offerings, up from a planned $30B; a source says it contacted ~75 investors Katherine Blunt / Wall Street Journal · 2026-06-03
TSMC CEO C.C. Wei says the company won't be able to fulfill the demand led by US customers even as more capacity comes online in the US over the next few years Debby Wu / Bloomberg · 2026-06-04
France secured €110B+ of proposed AI and data center investments this week, amounting to ~10 GW of new computing capacity, equivalent to ~10 nuclear reactors Sarah White / Financial Times · 2026-06-04
Arizona Public Service, the state's largest utility, proposes a 45% electricity-rate increase for data centers to ensure “that they are paying their fair share” Jennifer Hiller / Wall Street Journal · 2026-06-04
In a letter to Utah's Senate President, Kevin O'Leary says he will cut a 40,000-acre data center project in Utah by 19,430 acres, after pressure from lawmakers John Ainger / Bloomberg · 2026-06-04
Sources: data center developer Switch is in talks to raise billions of dollars from private equity firms, including Brookfield and KKR, at a $50B+ valuation The Information · 2026-06-05
Blackstone-backed data center operator AirTrunk commits to investing $30B in India by 2030, with plans to develop 5GW of new data center capacity in the country Jagmeet Singh / TechCrunch · 2026-06-05
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%+ Financial Times · 2026-06-05
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 Bloomberg · 2026-06-05
Sources: Apollo and Blackstone finalized a $35B package for Anthropic to lease TPUs; Broadcom is backstopping payments on the debt's largest senior portions Bloomberg · 2026-06-05
Report: in May, supply of unsecured bonds from hyperscalers hit $155B YTD, 45%+ more than 2025's total issuance; some AI-infra bond sales are 4x oversubscribed Caleb Mutua / Bloomberg · 2026-06-06

Deals & funding

Beijing-based Vast, which uses AI models to generate 3D assets from text and image prompts, raised ~$200M at a $1B+ valuation, and says it has 20M global users Bloomberg · 2026-05-31
Salesforce is acquiring CMS provider Contentful; a source says Salesforce paid between $1B and $1.5B, a steep discount from Contentful's $3B valuation in 2021 The Information · 2026-06-01
Thrive Capital spinoff Thrive Holdings commits $1B to acquire local accounting firms through its subsidiary, Current, and use AI to automate their workflows Anna Tong / Forbes · 2026-06-02
Source: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, an unusual move as companies typically set a price range before their roadshow Echo Wang / Reuters · 2026-06-02
AI music startup Suno raised $400M led by Bond at a $5.4B valuation, up from $2.45B after raising $250M in November 2025, and passed 2M subscribers in February Lucas Shaw / Bloomberg · 2026-06-03
Sources: DeepSeek is set to raise ~$7.4B in its first funding round from investors, including Tencent and CATL, at a valuation of between ~$52B and ~$59B Reuters · 2026-06-03
Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022 The Information · 2026-06-03
Sources: Lila Sciences, which uses AI tools to speed up the rate of scientific discovery, is in talks to raise a $2B Series B at an expected valuation of ~$8.5B Bloomberg · 2026-06-03
Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades focusing on new startups Kate Clark / Wall Street Journal · 2026-06-03
Robotics startup Generalist, which released its GEN-1 model to complete short physical tasks in April, raised $400M led by Radical Ventures at a $2B valuation Dina Bass / Bloomberg · 2026-06-04
Cloudflare acquires VoidZero, which develops Vite, Vitest, Rolldown, Oxc, and Vite+ frameworks, and says the projects will stay open source and community-driven Cloudflare · 2026-06-04
Supabase, which provides backend tools for building AI apps, raised a $500M Series F led by GIC at a $10B pre-money valuation, up from $5B in October 2025 CJ Haddad / CNBC · 2026-06-04
Sources: AI coding startup Lovable is in talks to raise funding at a $12B valuation, up from $6.6B in December 2025 Rashi Shrivastava / Forbes · 2026-06-05
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 Abhirup Roy / Reuters · 2026-06-06

Regulation & legal

A US court ordered Circle to blacklist Zama's cUSDC contract, freezing ~$12.6M in funds, likely catching many in the “crossfire” of a civil suit against a DAO Zack Abrams / The Block · 2026-05-31
Florida AG James Uthmeier sues OpenAI and Sam Altman, seeking to hold Altman personally liable for deceptive trade practices, negligence, and public nuisance NBC News · 2026-06-01
The US sanctions Nobitex, Iran's largest crypto exchange, accusing it of helping Iran's government and blacklisted state institutions evade Western sanctions Gavin Finch / Reuters · 2026-06-02
Two US House lawmakers unveil bipartisan AI legislation that would override some state AI laws and require top AI developers to implement risk-management plans Politico · 2026-06-04
Internal docs from lawsuits by 1,400+ school districts show how social media companies targeted kids: Meta paid “teen ambassadors”, Snap sent school-hour alerts Jennifer Valentino-DeVries / New York Times · 2026-06-04
Elon Musk petitioned the FTC in May to end its 2022 order restricting Twitter's data use, claiming Twitter no longer exists as X merged with xAI and then SpaceX Ashley Belanger / Ars Technica · 2026-06-04
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 Lauren Feiner / The Verge · 2026-06-05
Over 20 EU news publishers file a claim seeking €640M+ from Google following an EU decision that lets anyone harmed by Google's ad market abuse seek damages Charlotte Tobitt / Press Gazette · 2026-06-05
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 Josh Eidelson / Bloomberg · 2026-06-06

Geopolitics & trade

Experts say ChatGPT, Gemini, and other Western AI models are turbocharging Iran's cyber operations, helping it develop malware and launch phishing attacks Jacob Judah / Financial Times · 2026-05-31
China issues new investment rules, expanding regulator powers to scrutinize overseas deals involving Chinese investors, tech, and data, effective from July 1 Eduardo Baptista / Reuters · 2026-05-31
A look at contrasting China playbooks of AMD CEO Lisa Su and Nvidia CEO Jensen Huang, with Su keeping a lower profile; China accounts for ~20% of AMD's revenue Reuters · 2026-05-31
Wirescreen analysis of 3,800 Chinese military procurement records finds 500+ instances since 2019 where the PLA sought Nvidia chips, including the A100 and A800 New York Times · 2026-06-01
Internal documents: Chinese company Geedge is working to build AI tools to predict those who could pose a political risk, but US chip controls hampered its work Julian E. Barnes / New York Times · 2026-06-01
China adds data and algorithms to its trade secret rules, as part of Beijing's efforts to prevent tech leaks amid intensifying strategic competition with the US Nectar Gan / Bloomberg · 2026-06-02
Chinese procurement records: at least seven Chinese universities that support China's military and defense industry are seeking access to Nvidia's H200 chips Bloomberg · 2026-06-02
The US and other Five Eyes nations warn that China is flooding online job platforms with fake profiles and offers targeting government and military personnel Greg Miller / Washington Post · 2026-06-03
How India's ambitions to build and export a sovereign AI template are colliding with structural constraints, including a dependence on foreign AI infrastructure Saritha Rai / Bloomberg · 2026-06-03
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 Nivedita Balu / Reuters · 2026-06-04
Sources: Anthropic has embedded around half a dozen forward-deployed engineers within the NSA to help the agency deploy Mythos for offensive cyber operations Financial Times · 2026-06-04
Sources: US officials have held talks with AI companies about the government acquiring shares; Sam Altman first pitched the concept directly to Trump in 2025 NOTUS · 2026-06-04
A research team that includes Huawei says it successfully used Huawei's Ascend 910C chips for DeepSeek V4 Pro model's post-training, amid increased US sanctions Coco Feng / South China Morning Post · 2026-06-05

Hardware & devices

Sources: Microsoft and Nvidia will unveil the first Windows PCs powered by Nvidia SoCs, including devices from Surface and Dell, at Computex and Build 2026 Ina Fried / Axios · 2026-05-31
Sources: Apple delays iPhone-connected smart glasses to late 2027, aiming to disrupt the mid-tier $200-$500 eyewear market the way it disrupted the watch market Mark Gurman / Bloomberg · 2026-05-31
Nvidia announces the RTX Spark, an Arm-based consumer chip family it calls “the most efficient PC chip ever built”, made on TSMC 3 in partnership with MediaTek Sean Hollister / The Verge · 2026-06-01
Microsoft unveils the Surface Laptop Ultra, featuring an Nvidia RTX Spark SoC, a 15" mini-LED touchscreen, and up to 128GB of unified memory, coming this fall Sean Hollister / The Verge · 2026-06-01

Research & ideas

AI adoption follows the J-curve path of general-purpose tech, like early US factory electrification, requiring years of investment before noticeable ROI gains Exponential View · 2026-05-31
A look at Pangram, considered the gold standard for detecting AI writing, and the dangers of its claimed one in 10,000 false-positive rate when used at scale Matteo Wong / The Atlantic · 2026-06-01
Sources: Google DeepMind, Anthropic, and Meta have recently hired experts in psychology, ethics, and philosophy as they expand machine consciousness research Cristina Criddle / Financial Times · 2026-06-02
Sixteen mathematicians publish the Leiden Declaration on AI and Mathematics to warn of potential threats to the field, such as around accuracy and reliability Siobhan Roberts / New York Times · 2026-06-02
Microsoft unveils Majorana 2, a quantum chip that it developed using AI tools for materials science, and says it will have commercial quantum machines by 2029 Stephen Nellis / Reuters · 2026-06-02
Google selling $10B of equity to Berkshire is fascinating and functions as a signal that AI demand is high, in a world where the most cash buys the most compute Ben Thompson / Stratechery · 2026-06-02
University of Toronto researchers claim to have developed a “worm” powered by open-source AI that exploits known flaws and tailors its attacks for each computer Cade Metz / New York Times · 2026-06-02
How OpenAI, Anthropic, and other AI startups are pursuing recursive self-improvement, in a bid to build AI that can improve itself with little to no human input Financial Times · 2026-06-03
Sam Altman and Dario Amodei are among signatories on an open letter urging improved tracking of synthetic DNA potentially used in AI-developed bioweapons Emily Mullin / Wired · 2026-06-03
A deep dive into the case for data centers in space, as SpaceX prepares to go public: Elon Musk's claims, the wider debate, power supply issues, costs, and more Daniel Nishball / SemiAnalysis · 2026-06-04
A look at AI consciousness debates; LLM conversations are cleverly disguised examples of sentence continuation, but that doesn't deny how impressive LLMs can be Ted Chiang / The Atlantic · 2026-06-04
Flourish, which is building Cortex AI, a brain-like synthetic intelligence system that uses less power than LLMs, raised $500M, including $100M from Jeff Bezos Steven Levy / Wired · 2026-06-04

Voices & interviews

Q&A with Brian Chesky on running Airbnb in “founder mode”, how “founder mode and hustle culture” are different, AI customer service, adding hotels, and more Jordyn Holman / New York Times · 2026-06-01
Q&A with Bill Gurley on Anthropic employees believing “they can create God, and that by creating God, they are like this Prometheus kind of species”, and more @theallinpod · 2026-06-01
An interview with Sam Altman on OpenAI's massive Stargate data center project in Saline, Michigan, coding models being the biggest driver of AI demand, and more CNBC · 2026-06-02
Q&A with labor economist Kathryn Anne Edwards on why much of the AI jobs panic is overblown, why the US should start to plan for AI job loss scenarios, and more Casey Newton / Platformer · 2026-06-03
Mustafa Suleyman says Microsoft aims to become “one of the top four labs in the world”, and “the pivotal moment was renegotiating our contract with OpenAI” The Verge · 2026-06-03
Q&A with Satya Nadella on Microsoft's competitive position, MAI models, OpenAI, the software business, GitHub Copilot, Project Solara, data centers, and more Ben Thompson / Stratechery · 2026-06-04
An interview with Naomi Gleit, Meta's head of product who joined the company in 2005, on Mark Zuckerberg's “unfair” reputation, AI agents for business, and more Zoe Kleinman / BBC · 2026-06-04

Industry narratives

Bill Gates' carefully crafted public image has been eroded by revelations about his ties to Epstein; Gates was recently snubbed from Microsoft's CEO Summit Emily Glazer / Wall Street Journal · 2026-05-31
Startups from the pre-ChatGPT era face a reckoning in private markets; PitchBook: half of US unicorns haven't raised in three years, 220+ are “fallen unicorns” Hugh Son / CNBC · 2026-06-01
Internal memo: Meta is scaling back elements of its employee tracking tool, launched in April to help train its AI models, after staff raised concerns Jyoti Mann / The Information · 2026-06-02
AI will significantly disrupt IT consultancies as AI labs build advisory arms and executives expect more projects priced based on outcome instead of by the hour Stephen Foley / Financial Times · 2026-06-02
Current and former Meta employees detail Alexandr Wang's efforts to revive Meta's AI edge; Muse Spark has good visual understanding but trails rivals in coding Hannah Murphy / Financial Times · 2026-06-03
GitLab cuts 350 staff, or ~14% of its workforce, pivoting “to be the trusted enterprise platform for software creation in the AI era”, and exits 22 countries Dean Seal / Wall Street Journal · 2026-06-03
UnearthInsight: Indian IT companies have spent a record $7.1B on acquisitions since 2025 to gain clients and market share, as AI pricing pressure weakens growth Shristi Achar / The Economic Times · 2026-06-03
Sources: Meta has repeatedly delayed plans to release the Muse Spark API due to bugs and infrastructure needs; Meta says it plans to release it this month Meghan Bobrowsky / Wall Street Journal · 2026-06-03
Sources: Brian Chesky is starting a new AI lab and considering a focus on user interaction and design; he will remain Airbnb's CEO and will not be the lab's CEO Bloomberg · 2026-06-04
Anthropic calls for top AI labs to weigh slowing or temporarily pausing development, suggesting that self-improving AI systems may soon pose societal risks Wall Street Journal · 2026-06-04
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 Aaron Holmes / The Information · 2026-06-05
Sources say xAI used Claude models for distillation and training, including using personal accounts and the intermediary service Blackbox AI after being cut off Grace Kay / The Information · 2026-06-05
Sources say a months-long dispute between the White House and Anthropic is showing signs of easing across the US government as the startup prepares for its IPO Reuters · 2026-06-05
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 Ramsay Hodgson / Financial Times · 2026-06-06
White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution Leo Schwartz / The Information · 2026-06-06

Beyond AI

SEC filing: quantum computing startup Quantinuum boosts its IPO, aiming to sell 26.5M shares for $53-$55 each, raising up to $1.46B at an up to $14.3B valuation Liana Baker / Bloomberg · 2026-06-01
Mastercard says it plans to offer on-chain settlement using several regulated USD stablecoins, initially supporting USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD Helene Braun / CoinDesk · 2026-06-03
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at almost $1.77T Bailey Lipschultz / Bloomberg · 2026-06-03
Quantinuum raised $1.68B in an upsized US IPO, selling 28M shares for $60 each, above its marketed range of $53 to $55, valuing the company at $15.6B Carmen Reinicke / Bloomberg · 2026-06-03
Coinbase and Better Home & Finance fund the first Fannie Mae-backed mortgage that uses bitcoin as collateral, and plan a US-wide rollout in the coming months Yogita Khatri / The Block · 2026-06-04
Quantinuum closed up 0.63% in its Nasdaq debut on June 4, bringing its market value to $15.7B, after raising $1.68B in an upsized IPO CNBC · 2026-06-04
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 Wall Street Journal · 2026-06-05
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 Bloomberg · 2026-06-05