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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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

Sources: SpaceX aims to launch orbital AI computing tests by late 2027 and has requested permission from regulators to launch up to 1M data-center satellites (Akash Sriram/Reuters)

Super Micro aims to raise $7B through equity and equity-linked financing transactions to fund component purchases tied to AI orders; SMCI drops 6%+ after hours (Harshita Mary Varghese/Reuters)

Analysis: Trump and his sons profited $2.3B+ from four crypto ventures including $TRUMP since January 2025, while other investors in those projects lost ~$2.3B (Reuters)

Docs: ~34K Instagram accounts, including Obama's White House account, were affected in the breach tied to Meta's AI chatbot; attackers changed 3,500+ usernames (New York Times)

Anthropic says Fable 5 has invisible safeguards that use prompt modification, steering vectors, or PEFT to limit its effectiveness for building frontier LLMs (Matthias Bastian/The Decoder)

Claude Fable 5 hands-on: impressive results working on complex projects, like building an interactive isochrone map or a data analysis tool in just 9.5 hours (Ethan Mollick/One Useful Thing)

Kalshi plans to require users seeking to make bets in some markets linked to material nonpublic information to submit an online form disclosing where they work (Wall Street Journal)

Apple says 79% of all iPhones and 86% of iPhones released in the past four years were running iOS 26 as of June 7, vs. 82% and 88% for iOS 18 before WWDC 2025 (Joe Rossignol/MacRumors)

Sources: Canadian payments company Nuvei is in advanced talks to acquire NYC-based cross-border payments company Payoneer for ~$2.7B and could sign within days (Milana Vinn/Reuters)

A US judge cancels a Mississippi trial and disqualifies and fines lawyers on both sides after finding their filings were filled with hallucinated case citations (Jason Koebler/404 Media)

Anthropic says red team tests of Fable 5 found no universal jailbreaks, and it will keep first- and third-party user traffic on Mythos-class models for 30 days (Derek B. Johnson/CyberScoop)

Anthropic says Claude Fable 5 uses conservative safety classifiers that trigger a fallback to Claude Opus 4.8 in <5% of sessions, in areas like cybersecurity (Anthropic)

Anthropic says Fable 5 is available on Pro, Max, Team, and seat-based Enterprise plans through June 22, after which using Fable 5 will require usage credits (Rebecca Bellan/TechCrunch)

Anthropic prices both Claude Fable 5 and Mythos 5 at $10 per 1M input tokens and $50 per 1M output tokens, less than half the price of Claude Mythos Preview (David Gewirtz/ZDNET)

Anthropic debuts Claude Fable 5, a "safe" Mythos-class model it says can't be used for cyberattacks, to the public, and Claude Mythos 5 to trusted organizations (Wired)

Apple updates its App Store review guidelines to say it may remove apps in saturated categories "if they are not updated, improved, or do not attract customers" (Sarah Perez/TechCrunch)

San Francisco voters reject the Overpaid CEO Act, a union-backed ballot measure to raise taxes on large businesses where the CEO earns 100x+ the median employee (Bloomberg)

If Apple's Siri AI works as it was shown in the WWDC demos, Apple is set to take the lead in consumer AI, with iPhone becoming the first true AI device (M.G. Siegler/Spyglass)

EU regulators order Meta to give rival AI chatbots free access to WhatsApp while they continue to probe if Meta abused its market power by blocking competitors (Foo Yun Chee/Reuters)

Google releases Gemini 3.5 Live Translate, which it says can deliver "near real-time speech-to-speech translation in over 70 languages" (The Keyword)

Meta plans to expand the use of off-platform data, such as e-commerce purchases, to personalize content feeds; it was previously used just to serve ads (Emma Roth/The Verge)

Sources: India froze Starlink approvals to begin commercial operations due to concerns over the use of its terminals in Iran despite not being licensed there (Bloomberg)

China starts operations of the world's first wind-powered underwater data center off Shanghai coast, and says it uses 20% less power than land-based facilities (Amy Hawkins/The Guardian)

Vinyl Equity, an SEC-registered transfer agent that has launched a payments platform earlier this year, raised a $20M Series A led by Jump Capital (Ryan Lawler/Axios)

Decentralized lending protocol Morpho raised $175M led by Paradigm, Ribbit Capital, and a16z Crypto in a token sale valuing Morpho at up to $2B (Ben Weiss/Fortune)

Apple unveils new Apple Foundation Models: two on-device models, including a 20B-parameter multimodal model called AFM 3 Core Advanced, and three cloud models (Apple Machine Learning Research)

The French government warns that hackers used a hijacked user account to breach Tchap, its encrypted messaging app for civil servants with 300K+ monthly users (Sergiu Gatlan/BleepingComputer)

New York-based Standard Bots, which wants to make AI-powered robotic arms in the US, raised $200M led by General Catalyst and Robostrategy at a $1B valuation (Bloomberg)

The EU says Apple decided not to roll out Siri AI in the EU after it had unsuccessfully requested to be exempted from interoperability obligations for the tool (Inti Landauro/Reuters)

Sources: Taiwan is considering restricting AI chip sales to all customers in China, not just companies on an export blacklist like Huawei, to align with the US (Bloomberg)

Sources: Microsoft laid off 200 to 400 Azure unit employees in Beijing and Shanghai last week, marking at least its third downsizing round in China in two years (South China Morning Post)