Below Cost
On the same day Anthropic filed to go public, it extended its Mythos security model to about 200 of the most important organizations on earth — and confirmed it is selling that model below cost. The loss-making product is the IPO asset. The subsidy is the moat.
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
The exploit shows the extreme risk of offloading technical support to AI. — Hackers say that they used Meta's AI support chatbot …
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
The artificial intelligence company, which is racing OpenAI to the stock market, has seen explosive growth over the last year thanks largely …
Florida AG James Uthmeier sues OpenAI and Sam Altman, seeking to hold Altman personally liable for deceptive trade practices, negligence, and public nuisance
Florida's seeks to hold Sam Altman personally liable, accusing OpenAI of marketing ChatGPT as safe while concealing that it could drive users toward harm.
Microsoft unveils a Surface RTX Spark Dev Box, featuring Nvidia's Arm-based RTX Spark, 128GB of unified memory, and a 100W thermal envelope, for local AI tasks
The Surface RTX Spark Dev Box is designed for local-first AI development. … Microsoft only just announced a new Surface Laptop Ultra …
Researchers find packages in the @redhat-cloud-services npm namespace shipped malware that harvests credentials for GitHub Actions, AWS, GCP, Azure, and others
Several packages in the @redhat-cloud-services npm scope were found to carry malicious payloads that fire via a preinstall hook on every npm install.
Alphabet is raising $80B through equity offerings, including a $10B investment deal with Berkshire, to fund AI spending, in one of the largest equity deals ever
Google parent Alphabet Inc. is raising $80 billion in equity offerings, including an investment deal with Berkshire Hathaway Inc. …
Anthropic says it will extend Project Glasswing to organizations in 15+ countries, sources say giving Mythos access to Five Eyes, NATO, Samsung, SK, and others
About 150 organisations will be given advanced cyber security model following requests from around the world
HPE reports Q2 revenue up 40% YoY to $10.7B, above $9.74B est., Server revenue up 33% YoY, and forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+
Hewlett Packard Enterprise Co. shares soared in extended trading after the company gave an outlook for annual sales that topped estimates …
Microsoft announces seven AI models, including a reasoning one and an “ultra efficient” coding one fine-tuned for GitHub, for businesses and to lower its costs
Software giant's AI chief Mustafa Suleyman says focus is on developing products for business users
Amazon schedules Prime Day for June 23 to June 26, shifting the four-day sales event from July to avoid the end of the FIFA World Cup and US Independence Day
Amazon.com (AMZN.O) will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years …
Chinese procurement records: at least seven Chinese universities that support China's military and defense industry are seeking access to Nvidia's H200 chips
At least seven Chinese universities that support the country's armed forces and defense industry are seeking access to Nvidia Corp.'s H200 chips …
GitHub Copilot's new pricing model takes effect; many users report sticker shock, with some saying a few hours of AI usage eats big chunks of their monthly caps
In April, GitHub announced that it was moving subscribers from request-based billing to a usage-based model for its AI-powered Copilot service.
Google adds a scam-detection feature, built on RCS, to Android 12 and later that verifies whether a call is coming from the caller's actual Android smartphone
Available for Android 12 and later, the anti-scam feature is baked into Google Dialer, which sends a silent “confirmation signal” …
President Trump signs a scaled-back AI EO that seeks to address AI's cybersecurity threats; sources say it imposes less scrutiny on AI than the scrapped version
President Donald Trump on Tuesday signed a scaled-back executive order that seeks to address the cybersecurity threats …
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
It has roughly 550 billion total parameters, with about 55 billion active at any given time.
Microsoft announces the Agent Control Specification, an open-source standard that gives developers a granular, consistent way to control what AI agents can do
As AI agents grow ever more capable, enterprises racing to put them to work across applications, workflows, and products face a new challenge …
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
Salesforce is acquiring Contentful, a provider of content management software for businesses, in the latest sign of its efforts …
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
Lawsuits in the US and the UK allege the company's Steam store is abusing its market power. Valve disagrees.
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
Gigascale Capital closed a $250 million fund for early-stage startups. — Climate tech venture capital firm Gigascale Capital …
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
When Palo Alto Networks earlier this year began testing Anthropic's Claude Mythos to comb through its own source code, it didn't take long to see the future of cybersecurity.
Wise confirms it is under investigation by Belgian prosecutors over suspicions criminals used its accounts for money laundering involving ~€500M in transactions
An analysis of 600+ Elon Musk claims over 15 years finds he met deadlines 19% of the time; he achieved 75% of his 2015 goals on time, but under 50% of 2020 ones
next month By the end of this year another 9 months or so end of month in 3 weeks this year in 2026 in April in <5 years on Jan 17 …
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”
AI is going to be one of the most powerful technologies people have ever built. The decisions being made now about …
Q&A with Sam Altman on OpenAI's Stargate data center project in Saline, Michigan, coding models as the biggest AI demand driver, falling token prices, and more
Following is the unofficial transcript of a CNBC exclusive interview with OpenAI CEO Sam Altman on CNBC's “Power Lunch” (M-F, 2PM-3PM ET) today, Monday, June 1.
OpenAI releases a new knowledge work report: Codex now has 5M+ weekly active users, up 6x+ since February, and knowledge workers represent ~20% of Codex users
OpenAI today released a new report, The Next Era of Knowledge Work, showing how Codex is no longer just a coding tool.
Microsoft unveils the Surface Laptop Ultra, featuring an Nvidia RTX Spark SoC, a 15" mini-LED touchscreen, and up to 128GB of unified memory, coming this fall
Sixteen mathematicians publish the Leiden Declaration on AI and Mathematics to warn of potential threats to the field, such as around accuracy and reliability
A week after OpenAI made headlines with an A.I.-generated proof, a new “declaration” by 16 experts raises concerns that the technology threatens math as a discipline.
The US sanctions Nobitex, Iran's largest crypto exchange, accusing it of helping Iran's government and blacklisted state institutions evade Western sanctions
The United States announced sanctions on Iran's biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian government …
Palo Alto Networks reports Q3 revenue up 31% YoY to $3B, including $388M from CyberArk and Chronosphere, vs. $2.94B est., and forecasts Q4 revenue above est.
- Palo Alto Networks topped Wall Street's third-quarter estimates, citing AI advancements
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
China expanded its trade secret rules to include data and algorithms, as Beijing steps up efforts to prevent technology leaks …
Meta expands Teen Accounts safety features to limit harmful content on Instagram, Facebook, and Messenger, including about nutrition, weightlifting, and anxiety
The changes, after Meta's legal losses in two child safety cases, are aimed at limiting harmful content shown to teenagers on Instagram, Facebook and Messenger.
Email: the EU Parliament plans to replace Google with the French search engine Qwant as the default search tool on its computers, seeking digital sovereignty
The switch lands as EU officials prepare a broader push to wean off US tech. — BRUSSELS — Move over, Google.
Computex 2026: ARM CEO Rene Haas says Oracle and ByteDance are among the customers of Arm's new AGI CPUs for data centers
Chinese tech company ByteDance and U.S. data centre firm Oracle (ORCL.N) are among the customers of Arm's (O9Ty.F) AI data centre chips, the head of the chip designing firm said on Tuesday.
Sources: a Broadcom-backed portion of Apollo and Blackstone's $36B debt deal to buy TPUs for Anthropic to lease may yield ~5.75% vs. 8%-9% for a riskier portion
Broadcom Inc.'s promise to backstop the largest portion of a record-setting microchip financing deal for Anthropic is keeping yields …
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
Knowledge Atlas Technology JSC (2513.HK), also known as Zhipu AI, intends to apply for a domestic listing on the Shanghai Stock …
Analysis: Palo Alto Networks' shareholders have voted to reject pay packages for its top executives seven times since 2015, more than any other S&P 500 company
A majority of Palo Alto Networks investors have voted against the cybersecurity company's executive pay seven times in 11 years.
Uber limits all employees to $1,500 in monthly token spending per AI coding tool “to responsibly encourage agentic AI adoption and experimentation at scale”
Uber Technologies Inc. has set usage caps on some artificial intelligence-powered tools used by its staff, a move meant to manage costs …
SK Hynix Chair Chey Tae-won says the company plans to double its memory chip capacity over five years, responding to a global shortage that could last till 2030
SK Hynix Inc. plans to double its memory chip capacity over the coming half-decade, a major expansion that should help ease …
X launches a “React with Video” feature on iOS, pitching it as a Repost and Quote Post alternative that encourages creators to record a video rather than typing
On Tuesday, Elon Musk-owned social network X launched a new feature, “React with Video,” that aims to expand the types of commentary on the platform.
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
Israeli data security startup Cyera raised $300M at a $12B valuation, after raising $400M at a $9B valuation in January
The Israeli data security company raised $400 million at a $9 billion valuation just five months ago. — AI and data security company Cyera has raised $300 million …
Thrive Capital spinoff Thrive Holdings commits $1B to acquire local accounting firms through its subsidiary, Current, and use AI to automate their workflows
In Thrive Holdings' live-fire testing ground, self-improving AI models are achieving up to 98% data-entry accuracy …
Sources: after Trump nixed an AI EO on May 21, US officials navigated internal strife and chaotic talks; early AI model access was the most contentious issue
Donald Trump killed an executive order to regulate AI. Now, administration officials and AI executives are trying to figure …
Analysis: 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
Federal agencies are getting far more audience engagement on X (formerly Twitter) in the second Trump administration …
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
Pre-ChatGPT era startups face a reckoning in private markets; PitchBook: nearly half of US unicorns haven't raised in three years and 220+ are “fallen unicorns”
Russia's Federal Security Service claims it uncovered a large-scale spyware operation by “foreign intelligence operatives” on senior officials' mobile phones
Russia's Federal Security Service said it uncovered a large-scale operation by foreign intelligence agencies to implant spyware on senior officials' mobile phones.
Guy Rosen, Meta's chief information security officer who previously oversaw Meta's election integrity work, is departing in the coming months; he joined in 2013
Guy Rosen, Meta Platforms Inc.'s chief information security officer who previously oversaw the company's election integrity work, is departing in the coming months.
Internal memo: Meta is scaling back elements of its employee tracking tool, launched in April to help train its AI models, after staff raised concerns
Meta Platforms is scaling back elements of its employee tracking tool after staff raised concerns about the tool, according to an internal memo reviewed by The Information.
Didi reports Q1 revenue up 10% YoY to ~$8.7B and a ~$177M net loss, several times larger than its Q4 loss, as it expands globally in markets like Latin America
Didi Global Inc. reported its second straight quarterly loss, after ratcheting up investment to expand globally and defend …
Microsoft announces developer tools for Windows: a set of Linux-like command line utilities called Coreutils, WSL containers, an Intelligent Terminal, and more
Microsoft is embracing Linux-like command line utilities and integrating its Linux subsystem even further into Windows.
A live blog of Microsoft Build 2026, where the company launched seven AI models, developer tools for Windows, a GitHub Copilot app, Project Solara, and more
and how to bridge the gapSohum Chatterjee /Microsoft Edge Blog:Expanding on-device AI in Microsoft Edge: New models and APIs for the webJay Parikh /Command Line:Introducing Command Line, and the new r...
Microsoft unveils Project Solara, an Android-based platform for agent-first devices, with concept hardware and pilots planned at Best Buy, Target, and others
[Editor's Note: Agents of Transformation is an independent GeekWire series, underwritten by Accenture, exploring the adoption and impact of AI and agents.
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
They first invested $50 million in early 2023, and have put money in each round since. …
AI will significantly disrupt IT consultancies as AI labs build advisory arms and executives expect more projects priced based on outcome instead of by the hour
Sources: the EU's €20B investment plan from 2025 to build five AI data centers is floundering, with delays and funding issues alienating some potential partners
SoftBank Announces €75 Bln AI Data Center Plan in France — Video Player is loading. — Unmute — Current Time 0:01 Loaded: 15.31% Playback Rate
Marvell shares closed up 32.52% on Tuesday after Jensen Huang hailed the chipmaker as the “next trillion-dollar company” at Computex
Crunchbase: San Francisco startups hit a record 1,404 seed deals in 2025; the number of NYC seed deals has declined over the past three years, to 666 in 2025
Sources: the UK has begun using SpaceX's militarized satellite network Starshield, making the UK among the first countries outside the US to adopt the tech
Britain has begun using SpaceX's militarised satellite network Starshield, according to two people familiar with the matter …
Sources: Intel faces a supply shortage of its Panther Lake and Wildcat Lake laptop chips built on its 18A process node; Intel says there are “some” shortages
[Exclusive] A shortage of processors at its comeback node has clients worried about stability of future supply.
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:
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
Microsoft announces Scout, an always-on enterprise AI agent built on OpenClaw, appearing as a Microsoft Teams contact to automate tasks like scheduling and more
Reece Rogers /Wired:
Microsoft debuts MAI-Thinking-1, its first advanced reasoning AI model, trained “from the ground up on clean data, without distillation from third-party models”
Jay Peters /The Verge:
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
CFTC chair Michael Selig says Gemini was the victim of Biden-era political targeting, a week after the CFTC motioned to vacate a 2025 order against the exchange
The chairman of the Commodity Futures Trading Commission said it's correcting a flawed enforcement action against Gemini Space Station …
OpenAI unveils new Codex plugins for tasks related to public equity investment, banking and sales, and other roles, and plans to integrate Codex into ChatGPT
Shirin Ghaffary /Bloomberg:
Perplexity unveils a Computer feature that splits tasks across local models and cloud-based models, to keep private data on-device and maximize token efficiency
A recording of the Microsoft Build 2026 keynote
Board, which makes a 24" touchscreen device that blends board games with video games' interactivity, raised a $20M Series A, and says it sold tens of thousands
Sources: Google, Anthropic, and Meta have hired experts in psychology, ethics, and philosophy in recent months as they expand machine consciousness research
GitHub unveils a GitHub Copilot desktop app in technical preview, which introduces a new feature called canvases for bidirectional work between users and agents
Mario Rodriguez /The GitHub Blog:
Sources: at Build, Microsoft plans to unveil a Copilot “super app”, a new reasoning model developed by Microsoft AI, and Windows improvements for developers
Stockholm-based Endra, which automates the design of plumbing and electrical wiring in new buildings, raised $50M led by a16z
Microsoft unveils Microsoft Execution Containers, a Windows-level sandbox for AI agents, and says partners OpenAI, Nvidia, Manus, and Nous Research are using it
Michael Nuñez /VentureBeat:
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
Microsoft unveils Majorana 2, a quantum chip that it developed using AI tools for materials science, and says it will have commercial quantum machines by 2029
How Microsoft's new quantum chip was made 1,000x more reliable …Microsoft Quantum:Topological quantum computing with leadJoseph Howlett /Scientific American:Microsoft's new quantum computer chip has a...
Microsoft releases Web IQ, a search service for AI agents that is powered by Bing, currently used by Copilot, ChatGPT, and other platforms
Barry Schwartz /Search Engine Land:
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
They promise to be the biggest stockmarket debuts ever. On June 11th SpaceX reportedly hopes to raise $75bn from investors …
Microsoft and Mayo Clinic partner for an AI model trained on Mayo's medical data, with plans to build an AI healthcare assistant and AI tools for clinicians
Meta is testing a Series feature, letting select creators make episodic Reels that are placed in a dedicated hub on their profile, using both old and new Reels
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
Microsoft releases ASSERT, an open-source framework that lets developers generate and run AI behavior tests using natural-language descriptions
Most AI systems start with a specification: product requirements, policies …Sarah Bird /Microsoft:Build agents you can trust across any framework with open evals and a control standardCommand Line:Tur...
Source: a CoreWeave-tied data center raised $900M via five-year junk bonds, priced at par to yield 7.5%, as the sector increasingly turns to high-yield bonds
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
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
Microsoft unveils on-device AI updates for Edge: an SLM developer preview, Language Detector and Translator APIs, and speech recognition with the Web Speech API
Paul Thurrott /Thurrott:NEW
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
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
An interview with Microsoft AI CEO Mustafa Suleyman about its models catching up to the state of the art from months ago, refusing to distill models, and more
Reed Albergotti /Semafor: