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China adds data and algorithms to its trade secret rules, as part of Beijing's efforts to prevent tech leaks amid intensifying strategic competition with the US (Nectar Gan/Bloomberg)

Computex 2026: ARM CEO Rene Haas says Oracle and ByteDance are among the customers of Arm's new AGI CPUs for data centers (Max Cherney/Reuters)

Zhipu AI says it plans to apply for a listing in Shanghai; Zhipu's Hong Kong-listed shares are up 10x+ since its January IPO, giving it an ~$83B market cap (Reuters)

A profile of Valve, which PrivCo estimates generated $5.2B in revenue and $1.5B in net income in 2025, as lawsuits allege its Steam store abuses market power (Bloomberg)

SpaceX's, Anthropic's, and OpenAI's IPOs could add up to $4T in US stock market value within months, fueling concerns they could herald more capital raising (The Economist)

AI will significantly disrupt IT consultancies as AI labs build their own advisory arms and execs expect more outcome-based pricing over hourly billing models (Stephen Foley/Financial Times)

An interview with Sam Altman on OpenAI's massive Stargate data center project in Saline, Michigan, coding models being the biggest driver of AI demand, and more (CNBC)

OpenAI says it has not donated to any super PACs and does not have an employee-funded PAC, and that Greg Brockman's support for Leading the Future is "personal" (OpenAI)

Chinese procurement records: at least seven Chinese universities that support China's military and defense industry are seeking access to Nvidia's H200 chips (Bloomberg)

Sources: Google DeepMind, Anthropic, and Meta have recently hired experts in psychology, ethics, and philosophy as they expand machine consciousness research (Cristina Criddle/Financial Times)

Crunchbase: San Francisco startups hit a record of 1,404 seed deals in 2025; the number of NYC seed deals has dropped over the past three years, to 666 in 2025 (Yuliya Chernova/Wall Street Journal)

Wise confirms it is under investigation by Belgian prosecutors over suspicions its accounts were used for money laundering involving €500M in transactions (Simon Lock/TBIJ)

Sources: Tencent, which has fallen behind domestic rivals in AI models, plans to test an AI agent for WeChat with a small group of users before a phased rollout (Zijing Wu/Financial Times)

GitHub Copilot's new pricing model takes effect; many GitHub users noted sticker shock, with some saying a few hours of AI usage ate big chunks of monthly caps (Kyle Orland/Ars Technica)

Nvidia launches Nemotron 3 Ultra, a 550B-parameter MoE open model; Artificial Analysis says it is the smartest open US model, but trails Chinese model Kimi K2.6 (Maximilian Schreiner/The Decoder)

Salesforce is acquiring CMS provider Contentful; a source says Salesforce paid between $1B and $1.5B, a steep discount from Contentful's $3B valuation in 2021 (The Information)

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)