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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, at least its third round of downsizing in China in two years (South China Morning Post)

The UK is conducting a full review of its NHS contract with Palantir, amid growing pressure to end the deal in early 2027 over its reliance on a US tech company (Sam Tabahriti/Reuters)

Beacon Software, which acquires niche software businesses and transforms them with AI, raised a $225M Series C, bringing its total funding to $550M (Sarah Klearman/Wall Street Journal)

France-based Alta Ares, which is building AI-powered air defense systems to counter drones and missiles, raised a €50M Series A led by Air Street Capital (Daphné Leprince-Ringuet/Sifted)

In a UK online safety consultation, the US urges the UK against an under-16 social media ban, saying it would place a "disproportionate" burden on US companies (Dan Milmo/The Guardian)

Sources: China is drafting plans to spend ~$295B over the next five years on building AI data centers, sourcing 80%+ of tech from local suppliers like Huawei (Charlie Zhu/Bloomberg)

A group of Chinese tech companies, including Alibaba and CXMT, launches a ~$577M PE fund to boost China's "hard tech" sectors amid tightening US export curbs (Ann Cao/South China Morning Post)

IT management platform NinjaOne raised $400M in a secondary share sale at a $12.3B valuation, up from $5B in February 2025, and says its ARR has hit $600M (Rebecca Torrence/Bloomberg)

Finland-based Iceye, whose small satellites help countries with real-time location monitoring, raised a €1B Series F led by General Atlantic at a €10B valuation (Ingrid Lunden/Resilience Media)

Report: US colleges now offer 74+ AI majors and 89+ minors, and at least a dozen schools are set to add AI majors this year; only five had AI majors in 2021 (Alan Blinder/New York Times)

In an interview, Perplexity CEO Aravind Srinivas says that the company is planning its IPO for 2028, regardless of how well the IPOs for Anthropic and OpenAI go (Arjun Kharpal/CNBC)

The US FCC waives its deadline for Amazon to deploy half of its Leo satellites by July; Amazon is still required to launch all 3,232 satellites by July 30, 2029 (Michael Kan/PCMag)

Apple overhauls the App Store with subscription options for groups, businesses, and schools, retention messaging to reduce churn, bundled IAP reviews, and more (Andrew Orr/AppleInsider)

The first developer beta of iOS 27 offers the clearest signs yet of Apple's upcoming foldable iPhone, with references to folding hardware and flexible displays (Mark Gurman/Bloomberg)

Xiaomi claims MiMo-V2.5-Pro-UltraSpeed tops 1K tokens/second, a first at the 1T-parameter scale, using a standard 8-GPU commodity node; API trial starts June 9 (Jose Antonio Lanz/Decrypt)

Sam Altman and Jakub Pachocki claim OpenAI is "entering the third phase", aiming to automate AI research, boost the economy, and give everyone a personal AGI (OpenAI)

Microsoft disabled 70+ of its repos on GitHub, including Azure-related tools like azure-functions-host, after hackers added credential-stealing malware to them (Zack Whittaker/TechCrunch)

Google and Nvidia are helping Apple with Apple Foundation Model Cloud Pro, which Apple says is comparable to Gemini frontier models and runs on Nvidia GPUs (Kif Leswing/CNBC)

Infinity Constellation, which builds AI tools and software businesses for the professional services market, raised a $24M Series A; it previously raised $17M (Lucinda Shen/Axios)

Apple unveils an Apple Intelligence feature to automatically change compromised passwords, using agentic AI, and save them to the Passwords app (James Pero/Gizmodo)

The Trump administration relaunches efforts to block state AI laws; Sen. Blackburn is leading negotiations and pushing KOSA as part of an AI preemption package (Axios)

Meta puts $115M toward a "workforce academy", a free 5-week program to train Americans to build data centers, offering job guarantees at Meta construction sites (Wall Street Journal)

Source: Cursor, which is prepping for an expected acquisition by SpaceX, passed $4B in annualized revenue in the last week, up from $3B in April and $2B in Feb. (Richard Nieva/Forbes)

OpenAI confidentially files for an IPO, says it has "not decided on timing yet", as "there are things we want to do that are likely easier as a private company" (Ashley Capoot/CNBC)

Google lowers the price of its Google AI Plus plan to $4.99 per month, down from $7.99, and doubles the included storage to 400GB (Abner Li/9to5Google)

Google upgrades NotebookLM, which now runs on Gemini 3.5 and Antigravity, to deliver new agentic capabilities and more advanced reasoning for AI Ultra users (Ivan Mehta/TechCrunch)

Apple's Craig Federighi says some companies "appear to be racing forward" to develop "AI for the sake of AI" without regard for the humans using the technology (Todd Spangler/Variety)

Apple announces new features for the Home app, including AI-generated descriptions of HomeKit Secure Video camera clips and smarter grouping of notifications (Hartley Charlton/MacRumors)

watchOS 27 Drops Support for Apple Watch Series 9, Ultra 1, SE 2, and Older (Hartley Charlton/MacRumors)

Apple announces a new Foundation Models framework for developers, a new Core AI framework, and a set of Xcode enhancements aimed at agentic coding workflows (Hartley Charlton/MacRumors)

Apple says iOS 27 will support iPhone 11, in contrast with 2019 Android flagships like Pixel 4 and Galaxy S10, which got only three years of platform updates (Aamir Siddiqui/Android Authority)

Amazon expands its print-on-demand features to AI-generated designs created using Alexa for Shopping for products like T-shirts, water bottles, and hoodies (Mia Sato/The Verge)

Apple announces tvOS 27, with performance enhancements, smart downloads, an updated Podcasts app, and more (Benjamin Mayo/9to5Mac)

Apple announces that the iOS 27 Shortcuts app will feature AI-powered workflow creation, allowing users to build automations via natural language prompts (Sarah Perez/TechCrunch)

Apple says its most powerful on-device AI model requires an iPhone 17 Pro, iPhone Air, iPad with M4 and later, or Mac with M3 and later, all with 12GB+ of RAM (Ryan Christoffel/9to5Mac)

Apple unveils new editing tools for the Photos app as part of Apple Intelligence, including an upgraded Cleanup tool, and new Extend and Spatial Reframing tools (Hartley Charlton/MacRumors)

Indian quick grocery delivery startup Zepto files for an India IPO, planning to raise ~$836M by selling new shares; Zepto was valued at $7B in its last round (Rajesh Mascarenhas/Bloomberg)

Apple says Siri AI will be delayed in the EU for iOS 27 and iPadOS 27 due to the DMA; Siri AI will also not be available in China at launch (Tim Hardwick/MacRumors)

Analysis: Meta removed code for an unreleased face-recognition system in the Meta AI app for its smart glasses, following a report on the code's existence (Wired)

Apple announces new Apple Intelligence features for its apps, including a Notify Me feature in Safari and a Call Context feature in the Phone app (John Quintet/iPhone in Canada)

Apple announces Visual Intelligence updates, including a new Siri mode in the Camera app for analyzing real-world objects and support for visionOS (Hartley Charlton/MacRumors)

Apple overhauls Apple Intelligence, with a new architecture built on Apple Foundation Models developed with Google and adapted to run on device and on servers (Hartley Charlton/MacRumors)

Apple announces Siri AI, with on-screen awareness, personal context understanding, a Dynamic Island-based interface, and more, along with a new Siri app (Zac Hall/9to5Mac)