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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)

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)

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)

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)

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)

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)

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)

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)

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

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)

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

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

Israeli networking company DriveNets raised a $410M Series D led by Bessemer and Atreides at an $8.5B valuation, taking its total funding to ~$1B (Meir Orbach/CTech)

Wirescreen analysis of 3,800 Chinese military procurement records finds 500+ instances since 2019 where the PLA sought Nvidia chips, including the A100 and A800 (New York Times)

Sources: Anthropic plans to let the EU's cyber agency ENISA join Project Glasswing and access Mythos; EU officials went to the US last week to ask for access (Gian Volpicelli/Bloomberg)

Chinese AI developer MiniMax debuts M3, a new coding model that it says rivals Claude Opus 4.7, costing $0.12 per 1M input tokens, compared with $5 for Opus 4.7 (Juro Osawa/The Information)

Binance launches trading for 7,000+ US stocks and ETFs for non-US users, with zero commissions and fractional share purchases, as part of its "super app" push (Jeff John Roberts/Fortune)

A look at the Seckinger school cluster in Georgia, including the US' "first AI-themed educational institution", as parents say AI integration is often sparse (New York Times)

Nasdaq, FTSE, and other index providers are shortening their entry timelines to accommodate SpaceX's record $75B IPO, as Elon Musk targets retail investors (Bloomberg)

Q&A with Bill Gurley on Anthropic staffers believing "they can create God, and that by creating God, they are like this Prometheus kind of species", and more (@theallinpod)

Q&A with Brian Chesky on running Airbnb in "founder mode", differences between "founder mode and hustle culture", AI customer service, listing hotels, and more (Jordyn Holman/New York Times)

Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Jensen Huang says Anthropic, OpenAI, and SpaceX are among the first big users of Nvidia's new Vera CPUs, which are 1.8x faster at AI workloads than x86 chips (Ian King/Bloomberg)

SoftBank becomes Japan's biggest company by market value after hitting an all-time high, overtaking Toyota, which has been the country's largest for 20+ years (Financial Times)

Coinbase launches direct Indian rupee deposit and withdrawal rails via the Immediate Payment Service, aiming to remove its reliance on P2P and intermediaries (Omkar Godbole/CoinDesk)

Netherlands-based Invisix, which is developing advanced chipmaking measurement tools, raised a €20M seed, with the participation of a "tier-one" chipmaker (Tamara Djurickovic/Tech.eu)

Grab says it commits to "Taiwan's data security and public trust", after reports of Grab's collaborations with China's Huawei and Alibaba sparked concerns (Kentaro Takeda/Nikkei Asia)

A look at Operation Jailbreak, a US Army-led hackathon where nine defense firms use AI to integrate weapons systems, drawing on Ukraine interoperability lessons (Demetri Sevastopulo/Financial Times)

A look at Pangram, considered the gold standard for detecting AI writing, and the dangers of its claimed one in 10,000 false-positive rate when used at scale (Matteo Wong/The Atlantic)

Nvidia unveils DGX Station, a desktop Windows PC powered by its GB300 Grace Blackwell chip with up to 748 GB of memory, capable of running 1T-parameter models (Mike Wheatley/SiliconANGLE)

Nvidia says its Vera Rubin computing platform is ramping into "full production", with first systems expected to ship in the fall, after a March announcement (Mike Wheatley/SiliconANGLE)

Nvidia unveils Cosmos 3, an open physical AI foundation model, to help robots and autonomous cars better understand the real world with limited training data (Ina Fried/Axios)

Nvidia unveils Isaac GR00T, an open humanoid reference design powered by its Jetson Thor chip, combining a Unitree H2 Plus robot and Sharpa five-fingered hands (Stephen Nellis/Reuters)

LG's shares jumped 300%+ in 2026, after largely sitting out South Korea's chip-rally in 2025, as LG seeks to expand into physical AI businesses such as robots (Sangmi Cha/Bloomberg)

AI startup Runway, most recently valued at $5.3B, plans to make London its European headquarters and invest $200M+ into the UK's AI ecosystem by the end of 2028 (Kai Nicol-Schwarz/CNBC)

Jensen Huang says Microsoft and Nvidia will "reinvent the PC", starting with 30+ laptops and 10 desktops coming in the fall from Dell, HP, Lenovo, and others (Katie Tarasov/CNBC)