Poetic, which aims to use AI to automate tasks like financial compliance, emerges from stealth with $50M in funding from OpenAI and others at a $500M valuation (Paayal Zaveri/Bloomberg)

Techmeme

Dario Amodei has just one direct report, his COS Avital Balwit; Anthropic's executive team reports to Daniela Amodei, who handles much of day-to-day operations (Bloomberg)

Techmeme

Pi, whose "security brain" AI agent helps companies assess vulnerabilities to prioritize and patch, raised $35M at a $100M valuation; sources: xAI is a customer (Thomas Brewster/Forbes)

Techmeme

Aryon Security, whose platform lets companies set security strategy, which it translates into enforceable policies that can't be ignored, raised a $29M Series A (Chris Metinko/Axios)

Techmeme

LinkedIn debuts its first creator marketplace, in North America, allowing some marketers to search for creators by topic and view "creators cards" with metrics (Krystal Scanlon/Digiday)

Techmeme

Maneva, whose AI agents connect to existing camera infrastructure in factories to flag safety risks and measure worker productivity, raised a $27M Series A (Colin Campbell/Axios)

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A German court rules that Google is directly liable for what AI Overviews say after AI Overviews falsely tied two publishers to shady business practices (Matthias Bastian/The Decoder)

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Sources: Saudi Arabia's PIF and the Kuwait Investment Authority have placed share orders between $1B and $5B each for the SpaceX IPO (Dinesh Nair/Bloomberg)

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Sources: the CFTC will propose new prediction market rules, banning bets it finds aren't in the public interest or that seem highly susceptible to manipulation (Dylan Tokar/Wall Street Journal)

Techmeme

Cyera, an Israeli startup focused on protecting companies' data from AI-based threats, raised $600M at a $12B valuation, bringing its total funding to $2.3B (Niko Gallogly/New York Times)

Techmeme

Hands-on with Siri AI: successfully executed multi-step prompts, understood context well, has strong guardrails, and is a bit more dispassionate than Gemini (Allison Johnson/The Verge)

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CrowdStrike: Chinese entities accounted for 58%+ of state-sponsored cyberattacks aimed at tech companies, especially AI assets, over the 12 months to March 31 (Evelyn Cheng/CNBC)

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Sources: Chinese companies like Moonshot are reconsidering "red-chip" structures, which made it easier to list overseas, after China blocked the Manus deal (Financial Times)

Techmeme

Morgan Stanley forecasts global AI debt issuance will more than double to ~$570B in 2026, as hyperscalers seek alternative funding for AI capex needs (Kanishka Ajmera/Reuters)

Techmeme

A look at Unitree's growth strategy, which mimics those used by BYD and DJI, and leverages its quadruped robot dominance to create and lead the humanoid market (SemiAnalysis)

Techmeme

Las Vegas-based TensorWave, which offers AMD-powered cloud infrastructure, raised a $350M Series B led by AMD and Magnetar at a $1.55B post-money valuation (Robbie Whelan/Wall Street Journal)

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Sources: SpaceX has drawn more than $250B of investor demand for what is poised to be the largest-ever IPO, far beyond the $75B SpaceX is aiming to raise (Reuters)

Techmeme

Sources: SK Hynix plans to list its shares in the US as soon as August, seeking to capitalize on AI stock demand and broaden its investor base (Reuters)

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Sources: Ant International is considering raising ~$1B at a $10B+ valuation, paving the way for a potential Hong Kong IPO as soon as this year (Bloomberg)

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Tata's chairman predicts AI agents will cut half the jobs at Tata Consultancy Services, and says TCS plans to reduce hiring in coming years as it ramps up AI (Sankalp Phartiyal/Bloomberg)

Techmeme

Swedish autonomous truck company Einride will debut on the Nasdaq today after completing a SPAC merger at a pre-money valuation of $1.35B (Dominic Chopping/Wall Street Journal)

Techmeme

Xbox chief strategy officer Matthew Ball said Game Pass lost "millions" of subscribers in the months following a 50% price hike announced in October 2025 (Eddie Makuch/GameSpot)

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Sixteen economists on what AI will mean for the US economy, workers, and workplaces: AI will boost productivity in the near term, but only two expect more jobs (Wall Street Journal)

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An expert panel with Daron Acemoglu, Dean Ball, Ethan Mollick, and Clara Shih discusses AI's impact on jobs and how to prepare for the future of work (New York Times)

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Walmart outlined a future where AI will change how people work, not necessarily how many work, at its annual Associates Week, as it accelerates AI adoption (Gregory Meyer/Financial Times)

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Microsoft's June 2026 Patch Tuesday fixes a record ~200 Windows security flaws, nearly three dozen of them critical, amid growing use of AI to find bugs (Brian Krebs/Krebs on Security)

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The crackdown on online scam centers in Cambodia is leading some gangs to relocate to Sri Lanka, where authorities say they have arrested 1,000+ people in 2026 (Bloomberg)

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Chinese investors are using tokenized stocks bought with stablecoins like USDT to bypass Beijing's capital controls and mimic bets on hot US IPOs like SpaceX (Financial Times)

Techmeme

ASML's stock is up 64% YTD, but trails the broader US chip sector as the industry focuses spending on processes outside of lithography like advanced packaging (Bloomberg)

Techmeme

Sources: the ECB temporarily barred Revolut from releasing new products in the European Economic Area last summer until the company had rectified "deficiencies" (Financial Times)

Techmeme

Sources: OpenAI is in advanced talks to lease a proposed 10GW data center campus in Ohio as part of a deal that could include financial backing from Nvidia (Anissa Gardizy/The Information)

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Nintendo's shares fell as much as 8.2% Wednesday morning in Tokyo after its 2026 Game Showcase came up short on new titles from major franchises such as Mario (Takashi Mochizuki/Bloomberg)

Techmeme

Meta partners with Reliance to lease its first AI data center in India, with 168 MW capacity; separately, Meta says it has contracted ~1GW of renewable energy (Meta Newsroom)

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Sources: Trump administration officials have told CAISI to halt publication of its model assessments while an EO President Trump signed last week is implemented (Amrith Ramkumar/Wall Street Journal)

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The EU warns that AI-boosted chemical synthesis is helping European drug gangs develop new "designer" drug precursors that evade existing product blacklists (Michael Peel/Financial Times)

Techmeme

Edge Markets, which provides banking tools for gambling and prediction markets, including real-time payments on Kalshi, raised a $29.2M Series A led by CoinFund (Davis Giangiulio/CNBC)

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Sources: SoftBank's talks with creditors to raise $6B through a margin loan backed by its OpenAI stake have stalled, weeks after it cut its target from $10B (Bloomberg)

Techmeme

Stepful, an AI-powered online training platform for healthcare workers, raised a $55M Series C led by Oak HC/FT, bringing its total funding to $105M (Heather Landi/Fierce Healthcare)

Techmeme

Seattle City Council votes 9-0 to enact a one-year moratorium on new large data centers and study their impact; Mayor Katie Wilson is expected to sign the bill (Greg Kim/The Seattle Times)

Techmeme

CoreWeave founders have sold $2.3B in stock since the company's lockup period expired in August after a March 2025 IPO, reducing their combined holdings by ~25% (Ella Feldman/Bloomberg)

Techmeme

ServiceNow says attackers exploited a flaw, patched on June 5, that let unauthenticated users query data from customer instances, but gives few other details (Lawrence Abrams/BleepingComputer)