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Copia, an industrial code management and recovery provider, raised $26M co-led by AE Ventures and Squadra Ventures, after previously raising $16.4M (Colin Campbell/Axios)

Docs: audited financial figures show OpenAI spent $34B in 2025, up 172% YoY, including $19B on research and development and nearly $6B on sales and marketing (Ed Zitron/Ed Zitron's Where's Your Ed At)

Roblox rolls out Roblox Kids accounts for ages 5 to 8 and Roblox Select accounts for ages 9 to 15, globally, after unveiling them alongside age checks in April (Jay Peters/The Verge)

Robinhood CEO Vlad Tenev says the company is "proactively" reducing its full-time workforce by ~10%, or ~290 employees, in a "flattening" of its org structure (Helen Partz/Cointelegraph)

Ripple acquires a stake in Flutterwave as part of the African payments startup's Series E, valuing Flutterwave at $3.2B (Emele Onu/Bloomberg)

An interview with SBF about life in prison, his serialized prison memoir titled Manfred, and more, as he praises Trump, becomes a Republican, and seeks a pardon (Simon van Zuylen-Wood/New York Magazine)

Atom Computing, one of the nine quantum computing startups backed by the US, raised a $100M Series C led by Third Point, bringing its total funding to $300M (Lucinda Shen/Axios)

Meta says Threads now has 500M MAUs, adds a "Your Algo" tool that lets users privately control what they see in their feed, and launches Communities out of beta (Aisha Malik/TechCrunch)

Alibaba's AI unit Tongyi Lab launches the Qwen Robot Suite, its first suite of AI models for robots, in pilot testing with some Alibaba Cloud enterprise clients (Wency Chen/South China Morning Post)

SpaceX agrees to acquire Cursor in a merger valuing the AI coding startup at $60B, set to close in Q3 2026, or pay a $4B to $10B termination fee (Reuters)

SoftBank announces an OpenAI-powered "patching service" that aims to protect Japan's top 3,000 companies behind crucial infrastructure against cyberattacks (Yuri Kageyama/Associated Press)

Florida sues TikTok for allegedly violating its social media regulations for minors and state consumer protection laws by showing "X-Rated" content to minors (Alex Ebert/Bloomberg Law)

France plans €655M in AI investments through 2030 and a Mistral-powered chatbot for state services; its security service will replace Palantir with Chapsvision (Benoit Berthelot/Bloomberg)

India blocks Telegram until June 22 citing its use by organized "cheating rackets" to "defraud candidates" taking a national medical entrance examination (Reuters)

Study: Mistral and other open-source AI models are among the weakest at filtering Russian disinformation; Mistral's top model ranks 47 out of 60 tested models (Andrew Jack/Financial Times)

Kuala Lumpur-based Respond.io, which uses AI agents to manage customer conversations, raised a $62.5M Series B led by Camber, following a $7M Series A in 2022 (Kate Park/TechCrunch)

Italy's competition regulator opens a probe into Apple under the DMA over the interoperability of iOS and iPadOS with alternative cloud services (Cristina Carlevaro/Reuters)

Sources: DeepSeek closed a $7.4B round at a $50B valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng (The Information)

Sources: audited financial figures show OpenAI spending hit $34B in 2025, including $19B on research and development and nearly $6B on sales and marketing (Financial Times)

Sources: Microsoft is adding AWS capacity to GitHub after AI-driven growth strained infrastructure and triggered a series of reliability issues (Ashley Stewart/Business Insider)

Memo: CTO Andrew Bosworth said Meta did "an atrocious job" sharing Applied AI's vision, promising employees better communication, career growth, and more perks (Wired)

Filing: the US DOJ asks court to dismiss an NAACP suit over xAI's gas turbines, saying xAI is integral to US' military operations, including the Iran War (Molly Taft/Wired)

Sources: Trump officials weighed Anthropic export controls weeks before forcing its models offline, after a dispute over Mythos access for a China-linked firm (Washington Post)

Anthropic says its senior leaders met Trump admin officials on June 15, but no resolution was reached and both sides are working to resolve things quickly (Leo Schwartz/The Information)

Taxi-hailing app Go's shares grew 21% in its Tokyo debut, after it raised ~$553M in Japan's largest IPO in 2026, giving the company a market value of ~$1.16B (Yasutaka Tamura/Bloomberg)

A look at Roblox's biometric age-checking tool, which will help place its users into age-based accounts starting in June, amid controversy over user privacy (NBC News)

A profile of Cursor, including its hiring process and testy relationship with Anthropic, which told Cursor that Claude Code was a research effort, per a source (Business Insider)

Sources: several Xbox studios, including Hellblade maker Ninja Theory, are in talks with Microsoft to buy themselves back and go independent to avoid closure (Jason Schreier/Bloomberg)

Source: Qualcomm is in talks to acquire AI chip designer Tenstorrent for $8B to $10B; in 2025, Tenstorrent had discussed raising $800M at a ~$3.2B valuation (The Information)

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)

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)

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)

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)

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)

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)

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

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)

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)

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)

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

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

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)

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)

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

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)

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

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)

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)

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)

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)