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Techmeme

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)

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SpaceX wins a property tax exemption for its planned $55B Terafab chip facility in Texas, despite Texans threatening legal action, amid local opposition to AI (Stephanie Findlay/Financial Times)

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CoinGecko: Hyperliquid-linked HYPE token is up ~180% YTD, lifting its market value above $16B and pushing it into the top 10 digital assets by market cap (Bloomberg)

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Alibaba says it is opening Qwen to third-party AI agents, starting with KFC, Mixue, and others, and Qwen's app serves 100M+ daily lifestyle services engagements (Iris Deng/South China Morning Post)

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Applied Materials plans to expand its Southeast Asia workforce by 25% in 2026, hiring ~1,000 workers mainly in Singapore, a key chip packaging equipment hub (Cheng Ting-Fang/Nikkei Asia)

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A profile of Anthropic as it prepares to go public and broaden access to Mythos, amid criticism that commercial pressures have eroded its AI safety standards (Madhumita Murgia/Financial Times)

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Centralized control over the user experience not only leads to enshittification, but to "despotification"; decentralized protocols bring back democratic ideals (Mike Masnick/Liberalism.org)

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A study of Waymo robotaxi data for 13.8M trips from August 2023 to December 2025: the share of miles driven with a passenger onboard climbed from 36% to 56% (Jonathan M. Gitlin/Ars Technica)

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How AI tools from Harvey, Legora, and Anthropic are challenging legal tech incumbents like Thomson Reuters and LexisNexis, which are upgrading their products (James Paton/Financial Times)

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Sources: OnePay, a fintech app backed by Walmart and valued at $4B+, now has 6M MAUs and $50B in annualized payments, both double the figures from 2025 (Paige Smith/Bloomberg)

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Taiwan's and South Korea's stock market capitalizations overtake India's, as investors favor markets with companies positioned to benefit from the AI boom (Krishn Kaushik/Financial Times)

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Current and former employees detail Amazon's e-commerce struggles in India, where local rivals have challenged the company more than anywhere outside of China (Bloomberg)

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Kirkland & Ellis, the world's highest-grossing law firm, agrees to a multiyear deal with Palantir to develop an AI tool to help advise PE firms on raising funds (Financial Times)

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US SEC filing: Vanguard marks down Ola Consumer's valuation to ~$70.3M; Ola, which faces intense competition from Uber and Rapido, was valued at $7.3B in 2021 (Kunal Manchanada/Entrackr)

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Moderators of the r/biohackers subreddit claim that peptide companies are spamming their forum in hopes of getting their posts scraped and used by AI chatbots (Jason Koebler/404 Media)

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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)

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Liftoff Mobile raised $437M in its US IPO, selling 19M shares for $23 each, above its marketed range of $20 to $22, valuing the company at $3.83B (Natalia Kniazhevich/Bloomberg)

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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)

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Meta says Australia's proposed tax on domestic revenue for tech giants that don't sign news licensing deals violates the US-Australia Free Trade Agreement (Byron Kaye/Reuters)

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Bengaluru-based grocery delivery startup FirstClub raised a $55M Series B co-led by Peak XV and Sofina at a $255M valuation, up from $120M in September 2025 (Jagmeet Singh/TechCrunch)

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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)

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Google releases macOS versions of AI Edge Gallery, which lets users run open models on their devices, and AI Edge Eloquent, an on-device voice dictation app (Google Developers Blog)

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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)

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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)

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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)

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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)

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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)

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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)

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CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, vs. $1.36B est., and forecasts Q2 revenue of about $1.44B, vs. $1.43B est.; CRWD drops 9%+ after hours (Samantha Subin/CNBC)

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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)

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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)

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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)

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In a report, UK lawmakers call on the government to end a £330M NHS deal with Palantir and disclose more details of a military contract with the company (Bloomberg)

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Security firm Calif says it used OpenAI's Codex to discover HTTP/2 Bomb, a remote DoS exploit affecting web servers like Nginx, Apache HTTPD, and Microsoft IIS (The Hacker News)

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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)

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Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward covering tax obligations tied to employee equity awards, amid the AI talent war (Cory Weinberg/The Information)

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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)

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Collate, whose AI tools automate paperwork for life sciences companies, raised $95M led by Redpoint at a ~$1B valuation, bringing its total funding to $125M (Amy Feldman/Forbes)

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Amazon announces new visual search features, including displaying AI-generated images of products within its app based on users' search queries (Sarah Perez/TechCrunch)

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Leading the Future, the pro-AI super PAC backed by Greg Brockman, appears to be linked to multiple sockpuppet accounts, including a purported anti-AI activist (@themidasproj)

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Terra AI, which develops AI models for mining companies to better map underground resources, raised a $20M Series A led by Khosla Ventures (Katie Fehrenbacher/Axios)

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Town, which is developing personalized AI assistants that connect to users' email and calendar, raised a $55M Series A led by a16z (Lily Mae Lazarus/Fortune)

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Forage, a payments processor that helps retailers and food-delivery companies accept EBT cards, raised a $40M Series B led by Mouro Capital at a $225M valuation (Yuliya Chernova/Wall Street Journal)

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Wordsmith, whose AI tools help in-house lawyers draft contracts, handle legal questions, and more, raised a $70M Series B, bringing its total funding to $100M (Melia Russell/Business Insider)

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Lassie, whose AI agent helps dental practices automate admin work, raised a $35M Series A led by a16z, a source says, at a ~$250M valuation (Alex Konrad/Upstarts Media)

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Meta is spinning off Supernatural into an independent company, Supernatural Health, after earlier saying the VR fitness game would stop getting new content (Victoria Song/The Verge)

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Digital i: YouTube overtakes Netflix in average daily viewing globally, rising from 87.2 minutes in 2024 to 99.1 in 2025, while Netflix fell from 100.5 to 93.4 (Michael Savage/The Guardian)

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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)

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Anthropic unveils a Services Track for its Claude Partner Network, a ranking based on what companies built with Claude, and releases a Claude Partner Hub portal (Belle Lin/Wall Street Journal)

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Meta launches Meta Business Agent globally on WhatsApp and Instagram DMs, after a two-year pilot of the customer support AI bot in India, Mexico, and others (Ivan Mehta/TechCrunch)

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