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  • Sun May 17

OpenRouter debuts Fusion, a tool that prompts multiple AI models in parallel, claiming it can "reach and surpass Fable-level performance on deep research tasks" (Brian Thomas/OpenRouter Blog)

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SpaceX's stock closed up 19.6% on June 15, its first full day of trading; Musk said it "might be able to reach" ~$1T in revenue in 2030, up from $18.7B in 2025 (Arjun Kharpal/CNBC)

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Meta debuts new AI features, including an "AI Mode" that uses Meta AI to search for answers pulled from public posts across Facebook, including Groups and Reels (Lauren Forristal/TechCrunch)

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Arcade, which helps companies manage which actions AI agents are authorized to take, raised a $60M Series A led by SYN Ventures, following a $12M seed in 2025 (Steven Rosenbush/Wall Street Journal)

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A US judge dismisses xAI's lawsuit alleging OpenAI stole trade secrets, saying xAI failed to show that OpenAI induced a former xAI engineer to divulge Grok info (Jonathan Stempel/Reuters)

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Anthropic's origin story is rooted in OpenAI not taking safety seriously enough, so only Anthropic can control AI and everyone else, including the US government (Ben Thompson/Stratechery)

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Radical Numerics, which is developing AI models that learn directly from biological data, raised a $50M seed led by Emergence Capital (Natalie Breymeyer/Axios)

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Source: Anthropic was given 90 minutes to comply and wasn't provided with detailed concerns before the Commerce Department imposed export controls on its models (Financial Times)

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Google says a Chinese-linked hacking group targeted US and Canadian academic, medical, and military research institutions from September 2023 to November 2025 (A.J. Vicens/Reuters)

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NewCore, which helps companies manage both human and AI agent identities in a single system, emerges from stealth with a $66M seed led by Cyberstarts (Jagmeet Singh/TechCrunch)

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Cybersecurity startup Chainguard, Cisco, Cloudflare, JPMorgan Chase, and others launch Athena, a coalition to secure open-source software using AI (Rachel Metz/Bloomberg)

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American Express agrees to acquire restaurant booking platform TheFork from Tripadvisor in an all-cash deal worth $700M; TRIP jumps 6%+ (Reuters)

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A US judge rejects Meta's bid to dismiss a lawsuit from Strike 3, which owns porn production companies, that alleges Meta torrented its videos for AI training (Ernesto Van der Sar/TorrentFreak)

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Canadian payments company Nuvei agrees to acquire NY-based cross-border payments company Payoneer for ~$2.75B in cash; the deal is expected to close in mid-2027 (Reuters)

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Electronic Arts launches EA Advertising, letting brands integrate directly into gameplay through dynamic, real-time placements, including stadium signage (Assiatou Hann/CNBC)

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Zhipu's shares closed up 33% on Monday after JPMorgan raised the stock's price target and picked it as a winner against MiniMax; MiniMax closed up 7% (Bloomberg)

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SpaceX IPO raised a total of $85.7B as underwriters exercised their overallotment of shares, after raising an initial $75B on June 11 (CNBC)

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Indian AI startup Sarvam raised $234M in the first close of a $300M Series B at a $1.5B valuation, with HCLTech acquiring a 10.5% stake for ~$150M in cash (Urvi Dugar/Reuters)

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SailPoint is acquiring Entro Security, which develops a cybersecurity platform for managing non-human identities, a source says in a deal valued at ~$200M (Meir Orbach/CTech)

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1Password acquires Apono, which operates an AI-powered platform for managing cloud access, sources say in a deal valued at $250M to $300M (Meir Orbach/CTech)

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Sources say Anthropic struggles to speak President Trump's language; a Trump administration official says it "screwed us" after failing to "honor" a cyber EO (Axios)

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Salesforce agrees to acquire AI customer service platform Fin, formerly Intercom, for ~$3.6B, in a deal expected to close in Q4 of its 2027 fiscal year (Samantha Subin/CNBC)

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A look at a few proposals for sharing AI wealth with the public: government stakes in AI companies, a tax on AI token use, a global capital income tax, and more (Peter Coy/New York Times)

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Fox says it obtained a $12B loan for the ~$22B Roku deal; existing Fox shareholders are expected to own ~73% of the combined company and Roku shareholders ~27% (Lillian Rizzo/CNBC)

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Source: Nvidia is seeking to raise $20B+ from its first corporate bond sale since 2021, marketed in seven tranches, with maturities spanning two to 30 years (Bloomberg)

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Sources: the US government plans to let the Federal Data Center Enhancement Act, which details standards for data center use and operations, expire in September (Wired)

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Docs: Tesla sent Swedish and Dutch regulators Full Self-Driving safety data that traffic-safety researchers called misleading; Dutch RDW approved FSD in April (Reuters)

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Fox says it is acquiring Roku in its largest deal yet, valued at ~$22B including debt, giving it access to 100M+ streaming households globally; FOX drops 10%+ (Joseph De Avila/Wall Street Journal)

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Court reporting shows AI's limits in replacing human skill, as reporters remain crucial for capturing gestures and working through noise, amid a worker shortage (Allison Pohle/Wall Street Journal)

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Tencent-backed Enflame receives approval for a Shanghai IPO and plans to raise ~$888M; Enflame is the last of China's four leading AI chipmakers to go to market (April Ma/Bloomberg)

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The FBI dismantles Outsider Enterprise, an AI-powered Chinese phishing operation, and seizes ~$100K in Tether in a joint effort with Google and Black Lotus Labs (Bill Toulas/BleepingComputer)

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The UK's social media ban will cover Snapchat, TikTok, YouTube, Instagram, Facebook, X, and more, and will require platforms to stop children from livestreaming (Liv McMahon/BBC)

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Letter: US cybersecurity leaders urge the White House to lift the ban on Anthropic's Mythos 5 and Fable 5, arguing the move hurts defenders more than attackers (Sam Sabin/Axios)

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Keir Starmer says the UK will ban social media for under-16s in an "Australia-plus model" to "give kids their childhood back", set to take effect in spring 2027 (Reuters)

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President Trump says he warned Emmanuel Macron to drop France's 3% digital services tax on US tech giants, or face a 100% tariff on French champagnes and wines (James Franey/New York Post)

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As AI "nudify" tools proliferate, unleashing a new form of bullying among kids, parents and schools struggle to protect young victims from explicit deepfakes (Wall Street Journal)

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A profile of UC Berkeley professor Hany Farid, the world's leading digital forensics expert for 20+ years, who says he is now struggling to identify deepfakes (New York Times)

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Sources: Alibaba is in talks to buy Chinese fresh grocery delivery platform Pupu for $1.5B, in a bid to better compete with food delivery rivals like Meituan (Cathy Chan/Bloomberg)

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Madrid-based Orbio, which uses AI agents to help businesses interview, onboard, and manage frontline workers, raised a $21M Series A led by Dawn Capital (Dominic-Madori Davis/TechCrunch)

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Inside the Signal group chat where Sergey Brin, Marc Andreessen, Garry Tan, and other tech elites toss out strategies to oppose a proposed California wealth tax (Emily Shugerman/The San Francisco ...)

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Sources: ByteDance is in talks with Shanghai-based Iluvatar CoreX to purchase AI inference GPUs, and is also considering a deal to buy Baidu's Kunlunxin chips (Reuters)

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Health wearables are booming, with both Oura and Whoop eyeing IPOs, but investors remain cautious after Fitbit's struggles and low consumer hardware margins (David Wainer/Wall Street Journal)

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Rylo, which develops real-time speech and sign-language translation tools for deaf and hard-of-hearing users, raised $85M led by General Catalyst and Canaan (Sophie Shulman/CTech)

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Hypha, which extracts data from private-market documents to create workflows for underwriting, portfolio monitoring, and asset management, raised a $50M seed (Ryan Lawler/Axios)

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Sandstone, which builds AI-powered workflow automation tools for legal teams at small and mid-sized businesses, raised a $30M Series A led by Lightspeed (Russell Brandom/TechCrunch)

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Sundar Pichai faced a walkout at his Stanford commencement speech, as 100+ students left amid chants of "Free, free Palestine" over Google's ties with Israel (Zain Khan/New York Post)

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Sources: Frank founder Charlie Javice, sentenced in September 2025 to 85 months for defrauding JPMorgan Chase, has been seeking a presidential pardon from Trump (Wall Street Journal)

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A profile of Kalshi COO Luana Lopes Lara, who has overseen a tremendous pace of growth over the past year as the company faces political and regulatory backlash (Emily Nicolle/Bloomberg)

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Chinese Tesla drivers are using tiny plastic heads to fool Tesla's distracted-driving controls, which appear unable to distinguish figurines from real people (Zeyi Yang/Wired)

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A government crackdown on online casinos operating in the Isle of Man has led to a major tax revenue loss, accelerating the island's slide toward a fiscal cliff (Jack Adamović Davies/Bloomberg)

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Entries updated Jun 16, 2026 03:28:53 PM PDT

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