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2026-06-05US-traded chipmakers plunged on Friday, after Broadcom missed expectations; Nvidia fell 6.19%, Micron fell 13.25%, AMD fell 10.86%, and Broadcom 7.92% (Noel Randewich/Reuters)
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2026-06-05Bitcoin falls below $60K, its lowest level since October 2024, amid a record streak of bitcoin ETF outflows following Strategy's bitcoin sale (CNBC)
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2026-06-05OpenAI confirms it will follow President Trump's EO that asks AI companies to allow the US government to assess their models' capabilities before release (Michael Considine/CNBC)
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2026-06-05Apple-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)
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2026-06-05Starlink says that it has 12M+ "active customers" across 160+ countries, territories, and other markets, up from 9M in December 2025 (@starlink)
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2026-06-05Sources: 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)
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2026-06-05Elon 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)
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2026-06-05Analysis: 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)
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2026-06-05S&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)
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2026-06-05An 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)
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2026-06-05Denver-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)
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2026-06-05Cloudflare 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)
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2026-06-05Anthropic 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)
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2026-06-04Sources: 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)
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2026-06-04OpenAI 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)
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2026-06-04Quantinuum 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)
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2026-06-04Internal 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)
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2026-06-04CoinGecko: 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)
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2026-06-04Alibaba 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)
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2026-06-04Applied Materials plans to expand its Southeast Asia workforce by 25% in 2026, hiring ~1,000 workers mainly in Singapore, a key chip packaging equipment hub (Cheng Ting-Fang/Nikkei Asia)
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2026-06-04A profile of Anthropic as it prepares to go public and broaden access to Mythos, amid criticism that commercial pressures have eroded its AI safety standards (Madhumita Murgia/Financial Times)
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2026-06-04Centralized control over the user experience not only leads to enshittification, but to "despotification"; decentralized protocols bring back democratic ideals (Mike Masnick/Liberalism.org)
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2026-06-04A study of Waymo robotaxi data for 13.8M trips from August 2023 to December 2025: the share of miles driven with a passenger onboard climbed from 36% to 56% (Jonathan M. Gitlin/Ars Technica)
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2026-06-04How AI tools from Harvey, Legora, and Anthropic are challenging legal tech incumbents like Thomson Reuters and LexisNexis, which are upgrading their products (James Paton/Financial Times)
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2026-06-04Sources: OnePay, a fintech app backed by Walmart and valued at $4B+, now has 6M MAUs and $50B in annualized payments, both double the figures from 2025 (Paige Smith/Bloomberg)
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2026-06-04Taiwan's and South Korea's stock market capitalizations overtake India's, as investors favor markets with companies positioned to benefit from the AI boom (Krishn Kaushik/Financial Times)
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2026-06-04Current and former employees detail Amazon's e-commerce struggles in India, where local rivals have challenged the company more than anywhere outside of China (Bloomberg)
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2026-06-04Kirkland & Ellis, the world's highest-grossing law firm, agrees to a multiyear deal with Palantir to develop an AI tool to help advise PE firms on raising funds (Financial Times)
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2026-06-04US SEC filing: Vanguard marks down Ola Consumer's valuation to ~$70.3M; Ola, which faces intense competition from Uber and Rapido, was valued at $7.3B in 2021 (Kunal Manchanada/Entrackr)
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2026-06-04Moderators of the r/biohackers subreddit claim that peptide companies are spamming their forum in hopes of getting their posts scraped and used by AI chatbots (Jason Koebler/404 Media)
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2026-06-04Sources: Meta has repeatedly delayed plans to release the Muse Spark API due to bugs and infrastructure needs; Meta says it plans to release it this month (Meghan Bobrowsky/Wall Street Journal)
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2026-06-04Liftoff Mobile raised $437M in its US IPO, selling 19M shares for $23 each, above its marketed range of $20 to $22, valuing the company at $3.83B (Natalia Kniazhevich/Bloomberg)
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2026-06-03How Revolut founder Nikolay Storonsky's Elon Musk-style pay incentives pushed his fortune to ~$20.4B, making him the UK's richest person, ahead of a planned IPO (Aisha S Gani/Bloomberg)
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2026-06-03Doc: Apple agreed in May to submit the financials of its India business to the country's antitrust body as part of an investigation over alleged market abuses (Aditya Kalra/Reuters)
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2026-06-03Israeli startup ZutaCore, which builds direct-to-chip liquid data center cooling systems, raised a $100M Series C from Mitsubishi and more at a $600M valuation (Meir Orbach/CTech)
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2026-06-03AI music startup Suno raised $400M led by Bond at a $5.4B valuation, up from $2.45B after raising $250M in November 2025, and passed 2M subscribers in February (Lucas Shaw/Bloomberg)
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2026-06-03How startups Westmag, which raised an $11M, a16z-led seed in August 2025, and Atlas are seeking to make actuators, the foundation of hardware, outside of China (Kylie Robison/Core Memory)
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2026-06-03Google unveils five AI data center water commitments, including becoming water positive by 2030, local infrastructure investment, and transparency about usage (Lauren Feiner/The Verge)
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2026-06-03Layup Parts, which aims to digitize the composite manufacturing supply chain for aerospace, defense, and motorsports, raised a $42M Series A led by Marlinspike (Sean O'Kane/TechCrunch)
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2026-06-03Alibaba releases Qwen3.7-Plus, a multimodal proprietary model with a 1M-token context window, costing $2 per 1M tokens, 60% less than text-only Qwen3.7-Max (Carl Franzen/VentureBeat)
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2026-06-03GitLab is laying off 350 staff, or 14% of its workforce, as it pivots to become an AI-focused enterprise software development platform, and exits 22 countries (Dean Seal/Wall Street Journal)
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2026-06-03The EU General Court annuls the EU's designation of Meta's Marketplace as a DMA gatekeeper, citing partial evidence, but upholds the designation for Messenger (Samuel Stolton/Bloomberg)
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2026-06-03Barcelona-based HR software startup Factorial raised a $150M Series D led by General Catalyst at a $2.5B valuation to expand AI agents and grow in Germany (Mauro Orru/Wall Street Journal)
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2026-06-03Q&A with labor economist Kathryn Anne Edwards on why much of the AI jobs panic is overblown, why the US should start planning for AI job loss outcomes, and more (Casey Newton/Platformer)
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2026-06-03The UK CMA says publishers in the country will be allowed to opt out of Google AI search results, giving the company nine months to implement the changes (Imran Rahman-Jones/BBC)
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2026-06-03London-based Gigaton, which is developing AI to automate industrial control systems for cement, steel, glass, and chemicals plants, raised a $26M Series A (Mike Butcher/Pathfounders)
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2026-06-03French quantum computing startup Quobly, which is developing silicon-based quantum computers, raised a €115M Series A led by Bpifrance, SEALSQ, and STMicro (Tamara Djurickovic/Tech.eu)
Techmeme permalink: https://www.techmeme.com/260603/p7#a260603p7 <a href="https://tech.eu/2026/06/03/quobly-raises-eur115m-series-a-to-commercialise-silicon-quantum-computing/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260603/i7.jpg" vspace="4" /></a>
2026-06-02OpenAI releases a new report on knowledge work: Codex now has 5M+ weekly active users, up 6x+ since February, and knowledge workers are ~20% of Codex users (OpenAI)
Techmeme permalink: https://www.techmeme.com/260602/p14#a260602p14 <a href="https://openai.com/index/codex-for-knowledge-work"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260602/i14.jpg" vspace="4" /></a> <a href="https://www.techmeme.com/260602/p14#
2026-06-02Analysis: 22 of 24 US executive agencies saw a YoY increase in their average X account engagement during the first year of Trump's second term; @DOGE dominated (Pew Research Center)
Techmeme permalink: https://www.techmeme.com/260602/p13#a260602p13 <a href="https://www.pewresearch.org/short-reads/2026/06/01/federal-agency-x-accounts-are-getting-far-more-engagement-in-the-second-trump-term-than-under-biden/"><img align="RIGHT" border="0" hspace="4" src="http
2026-06-02SK Hynix Chair Chey Tae-won says the company plans to double its memory chip capacity over the next five years, responding to a shortage that could last to 2030 (Debby Wu/Bloomberg)
Techmeme permalink: https://www.techmeme.com/260602/p12#a260602p12 <a href="https://www.bloomberg.com/news/articles/2026-06-02/sk-hynix-to-double-wafer-capacity-to-ease-memory-chip-crunch"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260602/i12.jpg" vspa