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Techmeme

Meta expands Teen Accounts safety features to limit harmful content on Instagram, Facebook, and Messenger, including about nutrition, weightlifting, and anxiety (Eli Tan/New York Times)

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Didi reports Q1 revenue up 10% YoY to ~$8.7B and a ~$177M net loss, several times larger than its Q4 loss, as it expands globally in markets like Latin America (Luz Ding/Bloomberg)

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Russia's Federal Security Service claims it uncovered a large-scale spyware operation by "foreign intelligence operatives" on senior officials' mobile phones (Bloomberg)

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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)

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Amazon schedules Prime Day for June 23 to June 26, shifting the four-day sales event from July to avoid the end of the FIFA World Cup and US Independence Day (Arriana McLymore/Reuters)

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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)

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Analysis: 22 of 24 US executive agencies saw a YoY increase in their average X account engagement during the first year of Trump's second term; @DOGE dominated (Pew Research Center)

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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)

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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)

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Computex 2026: ARM CEO Rene Haas says Oracle and ByteDance are among the customers of the company's new AGI CPU data center chips (Max Cherney/Reuters)

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Zhipu AI says it plans to apply for a listing in Shanghai; Zhipu's Hong Kong-listed shares are up over 10x since its January IPO, giving it an $83B market cap (Reuters)

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A profile of Valve, which PrivCo estimates generated $5.2B in revenue and $1.5B in net income in 2025, as lawsuits allege its Steam store abuses market power (Bloomberg)

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SpaceX's, Anthropic's, and OpenAI's IPOs could add up to $4T in US stock market value within months, fueling concerns they could herald more capital raising (The Economist)

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AI will significantly disrupt IT consultancies as AI labs build their own advisory arms and execs expect more outcome-based pricing over hourly billing models (Stephen Foley/Financial Times)

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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)

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OpenAI says it has not donated to any super PACs and does not have an employee-funded PAC, and that Greg Brockman's support for Leading the Future is "personal" (OpenAI)

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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)

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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)

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Crunchbase: San Francisco startups hit a record of 1,404 seed deals in 2025; the number of NYC seed deals has dropped over the past three years, to 666 in 2025 (Yuliya Chernova/Wall Street Journal)

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Wise confirms it is under investigation by Belgian prosecutors over suspicions its accounts were used for money laundering involving €500M in transactions (Simon Lock/TBIJ)

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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)

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GitHub Copilot's new pricing model takes effect; many GitHub users noted sticker shock, with some saying a few hours of AI usage ate big chunks of monthly caps (Kyle Orland/Ars Technica)

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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)

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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)

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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)

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Alphabet is raising $80B in equity offerings, including a $10B investment deal with Berkshire Hathaway, to help raise money for its AI spending plans (Bloomberg)

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HPE reports Q2 revenue up 40% YoY to $10.7B, vs. $9.74B est., Server revenue up 33%, forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+ after hours (Brody Ford/Bloomberg)

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Gigascale Capital, a climate tech VC firm co-founded by former Meta CTO Mike Schroepfer, closed a $250M fund to back early-stage startups supporting the AI boom (Michelle Ma/Bloomberg)

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Researchers find packages in the @redhat-cloud-services npm namespace shipped malware that harvests credentials for GitHub Actions, AWS, GCP, Azure, and others (Rohan Prabhu/Step Security Blog)

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Hackers say they used Meta's AI support chatbot to change emails tied to Instagram accounts, amid a wave of high-profile account takeovers; Meta fixed the issue (Jason Koebler/404 Media)

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Source: Salesforce has a stake in Anthropic worth ~$5B; Salesforce first invested about $50M in an early 2023 round and has continually invested in rounds since (Brody Ford/Bloomberg)

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IBM shares jump 7.6% after a nearly six-month old video of President Trump praising CEO Arvind Krishna recirculated on X; IBM was already up ~40% over two weeks (Matthew Griffin/Bloomberg)

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Stockholm-based Endra, which automates the design of plumbing and electrical wiring in new buildings, raised $50M led by a16z (Lucinda Shen/Axios)

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Anthropic says it has confidentially filed for an IPO, which could happen as soon as this fall, joining OpenAI and SpaceX in preparing to go public in 2026 (Mike Isaac/New York Times)

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Anthropic confidentially submits draft S-1 to the SEC (Anthropic)

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New York City-based Mecka AI, which trains robots with human data sourced from body sensors and iPhones, raised $60M, including a $25M Series A (Ben Weiss/Fortune)

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Sekai, which lets users create mini apps through text prompts, raised a $20M Series A co-led by Khosla Ventures and Connect Ventures, after a $6M seed in 2025 (Kerry Flynn/Axios)

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Box has created 13 AI-focused roles, like AI architect and AI solutions manager, and plans to grow from 2,900 staff at the start of 2026 to 3,000+ by early 2027 (Kalley Huang/New York Times)

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Bernie Sanders says the wealth AI creates "must benefit humanity", calling for a sovereign wealth fund that would hold ownership stakes in top US AI companies (Bernie Sanders/New York Times)

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Sources: at Build, Microsoft plans to unveil a Copilot "super app", a new reasoning model developed by Microsoft AI, and Windows improvements for developers (Tom Warren/The Verge)

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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)

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Strava is adding an $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)

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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)

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Palo Alto Networks says Mythos found 24+ critical bugs using $1M+ in tokens; Anthropic subsidizes Mythos but some companies plan to boost their Mythos budgets (Aaron Holmes/The Information)

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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)

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African e-mobility startup Spiro, which owns 100K+ electric motorcycles, raised $215M at a near-$1B valuation, after raising $100M in 2025 and $50M debt in 2026 (Loni Prinsloo/Bloomberg)

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SEC filing: SpaceX will reserve up to 5% of its Class A shares for select employees and executives' friends and family; 60%+ of shares have an extended lock-up (Charles Capel/Bloomberg)

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SEC filing: Strategy sold 32 bitcoin between May 26 and May 31 for ~$2.5M, at an average net price of $77,135 per coin, its first disclosed bitcoin disposal (CoinDesk)

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Google plans to open its first physical Google Store outside of the US "this summer", in Tokyo's Omotesando district, marking Google's 11th physical store (Damien Wilde/9to5Google)

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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)

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