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Apple-funded study: the App Store had $1.4T in billings and sales globally in 2025; apps with consumer-facing AI saw 4x more billings growth than other apps (Ryan Christoffel/9to5Mac)

Starlink says that it has 12M+ "active customers" across 160+ countries, territories, and other markets, up from 9M in December 2025 (@starlink)

Sources: data center developer Switch is in talks to raise billions of dollars from PE firms including Brookfield and KKR at a $50B+ valuation (The Information)

Elon Musk petitioned the FTC in May to end its 2022 order restricting Twitter's data use, claiming Twitter no longer exists as X merged with xAI and then SpaceX (Ashley Belanger/Ars Technica)

Analysis: Meta discreetly added code for an unreleased "NameTag" face-recognition system for its AI glasses over multiple updates to the Meta AI app this year (Wired)

S&P Dow Jones rejected proposals to expedite S&P 500 eligibility for mega-cap IPOs such as SpaceX, which remains ineligible until one year after going public (Isabelle Lee/Bloomberg)

An interview with Naomi Gleit, Meta's head of product who joined the company 20 years ago, on Zuckerberg's "unfair" reputation, AI agents' capabilities, more (Zoe Kleinman/BBC)

Denver-based Scotch, which makes AI-powered payments tools for liquor retailers, raised a $20M Series A from VMG Partners, following a $10M seed in 2024 (Mary Ann Azevedo/Crunchbase News)

Cloudflare CEO Matthew Prince says agentic traffic is "growing so fast that bots have now passed human traffic online for the first time" (Mark Tyson/Tom's Hardware)

Anthropic calls for top AI labs to weigh slowing or temporarily pausing development, suggesting that self-improving AI systems may soon pose societal risks (Wall Street Journal)

Sources: US officials have held talks with AI companies about the government acquiring shares; Sam Altman first pitched the concept directly to Trump in 2025 (NOTUS)

OpenAI updates ChatGPT memory with a "more capable and compute-efficient" architecture and a summary page that lets users review and steer what it remembers (OpenAI)

Quantinuum closed up 0.63% in its Nasdaq debut on Thursday, with a market value of $15.7B, after raising $1.68B in an upsized IPO (CNBC)

Internal docs from lawsuits by 1,400 school districts show how social media companies targeted kids: Meta paid "teen ambassadors", Snap sent school-hour alerts (Jennifer Valentino-DeVries/New York Times)

Poke, which lets users access AI agents via text message, becomes the first AI agent approved for Apple's Messages for Business platform (Sarah Perez/TechCrunch)

Unsealed 2020 lawsuit: ex-IBM VP of threat intelligence alleges that IBM and AT&T concealed foreign cyber breaches to maintain eligibility for federal contracts (Bloomberg)

Sources: Anthropic has embedded around half a dozen forward-deployed engineers within the NSA to help the agency deploy Mythos for offensive cyber operations (Financial Times)

Sources: Brian Chesky is starting a new AI lab and considering a focus on user interaction and design; he will remain Airbnb CEO and will not be the lab's CEO (Bloomberg)

In a letter to Utah Senate President, Kevin O'Leary says he will cut a 40,000-acre AI data center project in Utah by roughly half, after backlash from lawmakers (John Ainger/Bloomberg)

Supabase, which provides backend tools for building AI apps, raised a $500M Series F led by GIC at a $10B pre-money valuation, up from $5B in October 2025 (CJ Haddad/CNBC)

Google now lets big creators and publishers in the US claim and customize dedicated Search profiles to aggregate their content from multiple platforms (Jay Peters/The Verge)

Founders Fund launches a TV-style game show featuring A-list founders and investors, including Sam Altman and Palmer Luckey, playing a game of Mafia (Tom Dotan/Newcomer)

Arizona Public Service, the state's largest utility, proposes a 45% electricity-rate increase for data centers to ensure "that they are paying their fair share" (Jennifer Hiller/Wall Street Journal)

Two House lawmakers unveil bipartisan AI legislation that would override some state AI laws and require top AI developers to implement risk-management plans (Politico)

Meta's Oversight Board says Meta's account deactivations lack due process, violations are flagged without clarity, and there's little support for appeals (Sarah Perez/TechCrunch)

Cloudflare acquires VoidZero, the company behind Vite, Vitest, Rolldown, Oxc, and Vite+ frameworks, and says the projects will stay open source (Cloudflare)

Anthropic details its progress toward recursive self-improvement, and its implications, and says 80%+ of the code merged into its codebase is authored by Claude (Anthropic)

Coinbase and Better fund the first Fannie Mae-backed mortgage that uses bitcoin as collateral, with a nationwide rollout planned in the coming months (Yogita Khatri/The Block)

Canada unveils its AI strategy that it says will help create 250,000 jobs by 2031, with a CA$500M tech fund to invest in homegrown AI startups (Nivedita Balu/Reuters)

Honeycomb, which offers an AI-powered insurance platform for multi-unit residential properties, raised $40M led by Zeev, bringing its total funding to $95M (Lily Mae Lazarus/Fortune)

SCOTUS sides with the FCC in its clash with wireless carriers, upholding the agency's in-house system for levying fines for regulatory violations (John Kruzel/Reuters)

Robinhood plans to route some 2026 soccer World Cup bets to Rothera, shifting away from Kalshi as it seeks to diversify its prediction markets providers (Emily Nicolle/Bloomberg)

Public First: 26% of Americans support increased data center construction, the lowest share among 15 large countries, such as Brazil, Japan, the UK, and Canada (Financial Times)

Robotics startup Generalist, which released its GEN-1 model to complete short physical tasks in April, raised $400M led by Radical Ventures at a $2B valuation (Dina Bass/Bloomberg)

London- and NY-based Airspeed, which aims to use AI agents to replace sales software like traditional CRM dashboards, raised a $20M Series A led by DN Capital (Mike Butcher/Pathfounders)

Q&A with Satya Nadella on Microsoft's competitive position, MAI models, OpenAI, the software business, GitHub Copilot, Project Solara, data centers, and more (Ben Thompson/Stratechery)

Sam Altman says he has no plans to put money into the 2026 US midterms; OpenAI has tried to distance itself from the Greg Brockman-backed Leading the Future PAC (Emily Birnbaum/Bloomberg)

Revolut co-founder and CTO Vlad Yatsenko plans to step down in July, to be replaced by Head of Technology Donato Lucia; Yatsenko was Revolut's first employee (Aisha S Gani/Bloomberg)

Flourish, which is building Cortex AI, a brain-like synthetic intelligence system that uses less power than LLMs, raised $500M, including $100M from Jeff Bezos (Steven Levy/Wired)

Challenger: US tech companies announced cuts to 38,242 jobs in May, the most since August 2024, taking 2026's total so far to 123,653 cuts, up 65%+ YoY (Julia Fanzeres/Bloomberg)

Amazon unveils its next-gen Proteus warehouse robot, adding AI-powered language capabilities that let workers assign it tasks, rolling out in Europe in H1 2027 (Robert Hart/The Verge)

Corporate spending management platform Ramp raised $750M at a $44B valuation led by Iconiq, Singapore's GIC, and the OTPP, taking its total funding to $3B (Bloomberg)

France secured €110B+ of proposed AI and data center investments this week, amounting to ~10 GW of new computing capacity, equivalent to ~10 nuclear reactors (Sarah White/Financial Times)

Foxconn says it will work with Intel to jointly develop and deploy next-gen AI infrastructure, including server racks with Intel Xeon processors and AI chips (Wen-Yee Lee/Reuters)

TSMC CEO C.C. Wei says the company won't be able to fulfill the demand led by US customers even as more capacity comes online in the US over the next few years (Debby Wu/Bloomberg)

A look at AI consciousness debates; LLM conversations are cleverly disguised examples of sentence continuation, but that doesn't deny how impressive LLMs can be (Ted Chiang/The Atlantic)

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)

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)

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)

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)