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  • Tue May 12

Analysis: assuming API pricing, the $200/month Claude Max and ChatGPT Pro plans offer up to ~$8,000/month and ~$14,000/month worth of tokens, respectively (@semianalysis_)

33m
T

Xiaomi releases MiMo Code V0.1.0, an open-source AI coding assistant that it says outperforms Claude Code on agentic coding and software engineering benchmarks (Carl Franzen/VentureBeat)

53m
T

Zelle owner EWS says it plans to expand the payment service to India later this year, its first international market, and create its own USD-backed stablecoin (Associated Press)

1h
T

Anthropic, OpenAI, and other AI startups have announced major London expansions over the past year, as the city emerges as a key AI talent hub outside the US (Kai Nicol-Schwarz/CNBC)

1h
T

Ted Cruz and Ron Wyden introduce the JAWBONE Act, which would let Americans sue federal officials who try to coerce broadcasters or platforms to censor speech (Jon Brodkin/Ars Technica)

3h
T

Agentic workplace startup Genspark raised a $100M Series B extension at a $2.6B post-money valuation, up 63% in just three months; it has raised $645M+ to date (Chris Metinko/Axios)

4h
T

Adobe reports Q2 revenue up 13% YoY to $6.62B, vs. $6.46B est., and raises its annual forecasts; CFO Dan Durn is leaving for Marvell; ADBE drops 5%+ after hours (Zaheer Kachwala/Reuters)

4h
T

Sources: Founders Fund's ~3% stake in SpaceX is now worth $50B+, after investing $600M; a16z will get the biggest return in its history, with a $10B+ stake (Bloomberg)

4h
T

SpaceX raises $75B in the biggest-ever IPO, pricing 555.6M shares at $135 each, giving it a market value of $1.77T (Bailey Lipschultz/Bloomberg)

6h
T

Polish lawmakers pass legislation imposing prison sentences of up to five years for "trash streaming" of violent crimes, gambling promotion, and more (Anna Wlodarczak-Semczuk/Reuters)

6h
T

Some investors question SpaceX's projected $1.77T valuation, citing its $4.3B loss on $4.7B in revenue in Q1, concerns over space data centers, and more (New York Times)

7h
T

Former a16z GP John O'Farrell criticizes the AI industry and his ex-partners for spending hundreds of millions to fight regulation, calling it "a huge mistake" (John O'Farrell/New York Times)

7h
T

Coinbase launches an AI agent that can execute trades and pay for premium research; users can give it access to their main account or have it operate separately (Ivan Mehta/TechCrunch)

8h
T

Europol says it has dismantled the AudiA6 crypto mixing service, which allegedly laundered $380M+ for ransomware actors and others between 2022 and 2025 (Bill Toulas/BleepingComputer)

8h
T

Sources: Anthropic signed 12+ initial agreements for direct data center leases, a first for the company, with Google potentially providing a financial guarantee (Anissa Gardizy/The Information)

8h
T

PhoenixAI, formerly CelerData, which is building what it calls an agentic AI-ready analytical database, raised an $80M Series B led by Sky9 (Kyt Dotson/SiliconANGLE)

9h
T

Barcelona-based Theker, which is building AI-powered robots for industrial environments, raised $85M led by CRV, with Samsung, LVMH, and others participating (Reuters)

9h
T

Waymo launches Waymo Premier, a $30-per-month membership program offering perks like skipping the line, 10% cashback, and five free ride cancellations per month (Sean O'Kane/TechCrunch)

9h
T

Sources: BlackRock put in an order to buy at least $5B worth of SpaceX shares; SpaceX received an over $1B request from a single family-office investor (Wall Street Journal)

9h
T

Citigroup launches a blockchain-based platform for wealthy and institutional clients to trade tokenized shares of private firms, initially for foreign investors (Gina Heeb/Wall Street Journal)

10h
T

OpenAI acquires Ona, which offers cloud services to support AI agents, and plans to bring Ona's team into its Codex effort (Seth Fiegerman/Bloomberg)

10h
T

The US House fails to extend FISA's Section 702, ensuring the warrantless surveillance program will expire for the first time since its 2008 enactment (Politico)

10h
T

Crusoe said it had "paused" a plan to build a Wyoming data center; sources: it failed to win customers including Google amid concerns about costs and timetable (Bloomberg)

10h
T

Amazon says its data centers used ~2.5B gallons of water in 2025, or 0.12 liters of water per kWh, and water use at sites it owns and operates fell 2% from 2024 (Anvee Bhutani/Wall Street Journal)

10h
T

Apollo Global has built a risk assessment framework that categorizes software investments into 12 to 14 sectors to rank them by susceptibility to AI disruption (Hannah Webster/Bloomberg)

11h
T

Jeff Bezos' Prometheus, which is building AI models for physical tasks, raised a $12B Series B at a $41B valuation, following a $6.2B Series A (Dan Primack/Axios)

11h
T

Nvidia and Abridge, maker of an AI note-taking app for doctors, are training an AI model for clinical conversations using de-identified data and Nemotron models (Belle Lin/Wall Street Journal)

11h
T

Digital Asset, which builds Canton Network, a public blockchain with privacy features, raised $355M, including $100M from a16z crypto (Bloomberg Law)

11h
T

Anthropic donates $150M to launch Claude Corps, a fellowship program that will hire 1,000 fellows trained in the use of Claude and embed them at US nonprofits (Glenn Gamboa/Associated Press)

12h
T

DoorDash launches an in-app AI chatbot to let users order food and groceries and make reservations with photos and prompts (Samantha Subin/CNBC)

12h
T

Sources: Google is in talks with Samsung to manufacture a memory input-output die for Icefish, its 10th-generation TPU, and TSMC will make the computing engine (Qianer Liu/The Information)

12h
T

Sources: SpaceX's IPO has attracted $70B+ in orders from retail investors, who are expected to be allocated at least 20% of the available shares (Bloomberg)

12h
T

KKR launches Helix Digital, a new company to finance AI infrastructure, with $10B+ in committed capital from Nvidia, the Kuwait Investment Authority, and others (Brian Fagioli/NERDS.xyz)

12h
T

Coram AI, which helps organizations use AI with their existing security equipment to find incidents, raised a $35M Series B, bringing its total funding to $66M (Rya Jetha/Business Insider)

13h
T

London's Met Police calls on tech companies to make stolen phones unusable and says it is sharing data with Apple to build a "global picture" of stolen devices (Yang Tian/BBC)

13h
T

A teardown reveals the Trump Mobile T1 is a gold-painted HTC U24 Pro but features some changes, including memory from Micron instead of SK Hynix (Shahram Mokhtari/iFixit News)

14h
T

Elon Musk is busy stoking far-right culture wars across the West on the eve of SpaceX's IPO, with an impunity unmatched in modern corporate history (Zachary Basu/Axios)

14h
T

The Workers' Daily, the official mouthpiece of China's umbrella trade union, urges regulators to protect worker rights and strengthen oversight amid the AI boom (Bloomberg)

14h
T

Deezer launches an AI music detection tool for users of 20 services, including Spotify and Apple Music, after no company licensed its AI detection tech (Terrence O'Brien/The Verge)

14h
T

Hungary plans to decriminalize crypto trading in a reversal of restrictions, which prompted Revolut and others to suspend services, under former PM Viktor Orban (Zoltan Simon/Bloomberg)

15h
T

Sen. Maggie Hassan's report: Spotify removed 3,500 podcast accounts and 57,000 episodes promoting illegal online pharmacies between May and November 2025 (Clare Duffy/CNN)

15h
T

Alibaba stock fell ~6.5% and JD.com fell ~6% after China reprimanded e-commerce players over alleged false advertising during the "618" annual shopping festival (Bloomberg)

15h
T

Google's philanthropic arm, Google.org, commits $50M to help train 300K+ skilled trade workers across the US, amid a shortage of workers for AI projects (Madison Mills/Axios)

15h
T

Sources: Meta has completed an operational split with Manus and stopped data sharing; Manus is exploring options, including raising ~$1B to fund a buyback (Riley Griffin/Bloomberg)

16h
T

FSB-orchestrated internet outages in Russia, intermittent but indiscriminate, have made one of the world's most online nations resort to cash and paper maps (Financial Times)

19h
T

Sources: Alibaba replaces DingTalk CEO Chen Hang with Chen Yusen after an internal debate over the enterprise communication app's role in Alibaba's AI strategy (Bloomberg)

19h
T

Applied Materials opens a $500M chip equipment manufacturing campus in Singapore, making the city-state home to ~50% of its production capacity alongside the US (Cheng Ting-Fang/Nikkei Asia)

20h
T

Analysis: Conservative and Reform UK MPs have increased their volume of posts on X since Elon Musk's takeover, while center-left politicians have reduced theirs (Financial Times)

20h
T

US OPM awards a ~$400M, 10-year IT contract to Oracle to develop a single, government-wide system for agencies to manage their HR capabilities (Drew Friedman/Federal News Network)

20h
T

Opendoor says it is shutting down its India operations and laying off nearly 250 employees, replacing them with smaller, AI-enabled teams in the US (Moneycontrol)

20h
T
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Entries updated Jun 11, 2026 06:46:58 PM PDT

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