Compute Gets a Balance Sheet
Google’s reported SpaceX bridge for Gemini Enterprise and a reported $35 billion Apollo-Blackstone package for Anthropic’s TPU lease show compute access moving beyond owned data centers.
President Trump says he is weighing proposals for US government to hold equity stakes in leading AI labs, and will soon discuss the idea with their executives
President Donald Trump expressed interest in the US government holding equity stakes in leading artificial intelligence developers …
Filing: Google has agreed to pay SpaceX $920M per month for access to Nvidia chips as part of a cloud-services deal that runs through mid-2029
Alphabet Inc.'s Google has agreed to pay Elon Musk's SpaceX $920 million a month for computing power as part of a cloud services deal that runs through mid-2029 …
Privacy token Zcash plunges after the disclosure of a 2022 vulnerability in its Orchard shielded pool that could have allowed undetectable ZEC counterfeiting
Zcash plunged double digits overnight after developers disclosed a critical vulnerability in the protocol's Orchard shielded pool …
Sources: Meta explores a stock offering to raise tens of billions to fund AI capital expenditures, following Google's record $85B share deal; META drops 5%+
Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure
Kalshi and Polymarket sponsored X posts promoting viral LA mayoral election fraud conspiracy theories; Kalshi says it asked its paid influencers to remove posts
THE SCOOP — Kalshi on Friday asked some of its paid political influencers to remove X posts that sowed doubt about the integrity …
Inside the Trump admin's push to integrate AI into the healthcare system, including an FDA regulatory fast track for digital health tech like AI chatbots
The administration is laying the groundwork for chatbots that can diagnose illness and prescribe medicine, but physicians say AI can introduce more problems.
OpenAI rolls out Lockdown Mode, an optional security setting designed to offer users advanced protection from prompt injection attacks by limiting some features
The company says most users don't need to use the feature. — OpenAI has begun rolling out Lockdown Mode …
Trump signs a national security memorandum seeking to “accelerate the use of AI across intelligence and warfighting domains in line with American values”
The White House said on Friday it would accelerate the development and use of AI for national security applications …
US-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%
U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia …
FOIA docs reveal Amazon's extensive control over delivery drivers it insists are not employees, in a case the NLRB sought to settle on terms favorable to Amazon
The feds were pushing a landmark case about Amazon's control of its contract drivers. Then the president put Amazon's former lawyer in charge.
SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027
SoftBank Group Corp.'s payments unit is buying the life insurance unit of T&D Holdings Inc. for ¥134.3 billion ($840 million) …
Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year
UK maker of tiny low-cost computers expects ‘robust demand’ to push unit sales above 4mn in first half
Bitcoin falls below $60K, its lowest level since October 2024, amid a record streak of bitcoin ETF outflows following Strategy's bitcoin sale
Sources: Uber has committed nearly $500M to self-driving startup Nuro, providing a crucial runway as Nuro works to prove its technology at commercial scale
Uber (UBER.N) has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters …
White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution
Sriram Krishnan, a top AI policy advisor in the Trump administration, plans to leave his position at the end of June …
Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures
Safeguards must be in place before forces automate justice tasks, says head of Police.AI — A number of UK police forces …Forums:Hacker Newsandr/unitedkingdomForums:Hacker News:Police in England and ...
Marvell and Flex, a contract manufacturer for electronics, will join the S&P 500; MRVL jumps 6%+ after hours after closing down 16.74% amid a broader sell-off
Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed
Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform …
Kepple: seed-stage startup funding in Japan fell 42% YoY in 2025 to a 10-year low of $124M, as the Tokyo Stock Exchange moves to reduce small listings
TOKYO — Funding in Japan for the earliest-stage startups tumbled 42% last year to a 10-year low of 19.9 billion yen ($124 million) …
Paris-listed Teleperformance, the world's largest customer service company, has become one of Europe's most shorted stocks, as hedge funds bet on AI disruption
Outsourcing companies hit as investors see ‘clean’ disruption risk — Hedge funds are betting against the shares and debt …
What to expect at WWDC 2026: an overhauled Siri, a Siri app, a slew of new AI capabilities, OS updates focused on reliability and responsiveness, and more
The largest US banks plan to launch a tokenized deposit network in 2027 to connect traditional payment rails with the infrastructure that digital assets run on
The NY State legislature passes a one-year moratorium on new large data centers, the first statewide ban of its kind if Governor Kathy Hochul signs it into law
Sources and docs detail defense tech startup Shield AI's struggles to overcome years of technical hitches and safety concerns with its V-BAT autonomous drone
Sources say xAI used Claude models for distillation and training, including using personal accounts and the intermediary service Blackbox AI after being cut off
In an internal message, Satya Nadella rebuked an internal memo that said Microsoft needs to “make people addicted” to its new AI agent product called Scout
Source: OpenAI and White House are discussing a government stake in the company, to seed something like the “Public Wealth Fund” that OpenAI outlined earlier
OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday.
Filing: Reid Hoffman, who has served on Microsoft's board since 2017, will not stand for re-election at the company's 2026 annual meeting
Sources: US officials discussed the US taking stakes in major AI companies after Sam Altman pitched the idea in 2025; Altman met Bernie Sanders on Wednesday
just surprise).@jimstewartson:They're trying to guarantee their own survival by giving Trump motivation to bail them out when they need hundreds of billions of dollars. This is some East India Trading...
Sources: SpaceX prepares the largest retail allocation ever attempted in a megacap IPO, seeking to reserve as much as 25% of its $75B float for retail investors
Sources: AI coding startup Lovable is in talks to raise funding at a $12B valuation, up from $6.6B in December 2025
Sources: Apollo and Blackstone finalized a $35B package for Anthropic to lease TPUs; Broadcom is backstopping payments on the debt's largest senior portions
Sources: Revolut is looking to run a secondary share sale that would value it at $115B, after receiving a UK bank license and applying for a charter in the US
Blackstone-backed data center operator AirTrunk commits to investing $30B in India by 2030, with plans to develop 5GW of new data center capacity in the country
Over 20 EU news publishers file a claim seeking €640M+ from Google following an EU decision that lets anyone harmed by Google's ad market abuse seek damages
Google Cloud says its SpaceX compute deal is a “short-term” agreement “to ensure we have bridge capacity to meet surging customer demand” for Gemini Enterprise
Elon Musk's rocket company said Google would pay it $920 million a month, as it prepared for its initial public offering.