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Wed Jun 10
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)
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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)
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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)
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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)
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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)
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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)
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Digital Asset, which builds Canton Network, a public blockchain with privacy features, raised $355M, including $100M from a16z crypto (Bloomberg Law)
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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)
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DoorDash launches an in-app AI chatbot to let users order food and groceries and make reservations with photos and prompts (Samantha Subin/CNBC)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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