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Techmeme
June 3, 2026, 12:30 PM
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Top News

Echo Wang / Reuters:
Source: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, an unusual move as companies typically set a price range before their roadshow  —  SpaceX plans to raise $75 billion in its initial public offering by selling 555.6 million shares at a target price of $135 per share …
Igor Bonifacic / Engadget:
Google says it is testing a new toggle inside its Search Console with some UK domain owners, letting them decide whether their sites appear in AI search results  —  The company says opting out won't impact placement in regular searches.  —  More than three years after it began rolling …
Imran Rahman-Jones / BBC:
The UK CMA says publishers in the country will be allowed to opt out of Google's AI Overviews search results, giving Google nine months to implement the changes  —  Online publishers can choose not to appear in the AI Overviews of Google search results n the UK, the Competition and Markets Authority (CMA) has announced.
The Verge:
Mustafa Suleyman says Microsoft aims to become “one of the top four labs in the world”, and “the pivotal moment was renegotiating our contract with OpenAI”  —  At Microsoft's annual Build conference on Tuesday, the company announced a slew of new or expanded AI initiatives …
Katherine Blunt / Wall Street Journal:
Google sold $35B in stock in its equity raise this week, up from its planned $30B and taking its total funding to $85B; a source says it contacted 75 investors  —  $35 billion  —  That's how much stock Google parent Alphabet ended up selling this week in underwritten public offerings …
Mathieu Pollet / Politico:
The EU Commission unveils its tech sovereignty package, including the EU's Cloud and AI Development Act, in a bid to reduce its reliance on US tech companies  —  The European Commission's so-called tech sovereignty plan aims to boost domestic champions rather than shut out American competitors.
David Phelan / Forbes:
Apple plans to open an Apple Developer Center in Berlin in 2026, its first center in Europe and fifth globally, offering in-person developer access and sessions  —  In an announcement that is characteristically well-timed before the upcoming Worldwide Developers Conference which kicks off on Monday …
Lucas Shaw / Bloomberg:
AI 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  —  Suno Inc., a startup that enables people to make music using artificial intelligence, has raised $400 million at a valuation of $5.4 billion.
Reuters:
Sources: DeepSeek is set to raise ~$7.4B in its first funding round from investors, including Tencent and CATL, at a valuation of between ~$52B and ~$59B  —  DeepSeek, China's best-known AI startup, is set to raise about 50 billion yuan ($7.4 billion) in its first funding round …
Carl Franzen / VentureBeat:
Alibaba releases Qwen3.7-Plus, a multimodal proprietary model with a 1M-token context window, costing $2 per 1M tokens, 60% less than the text-only Qwen3.7-Max  —  However, like its immediate predecessor Qwen3.7-Plus is available only under a “closed” commercial license via proprietary …
Jason Koebler / 404 Media:
Email: Google asked Google Play app developers to “join a confidential content offer pilot”, offering to pay for codebase access to train its AI coding tools  —  Google is trying to buy code from some Android developers as part of a “confidential” program.
Ivan Mehta / TechCrunch:
Meta launches Meta Business Agent globally on WhatsApp and Instagram DMs, after a two-year pilot of the customer support AI bot in India, Mexico, and others  —  For years, WhatsApp has been a communication layer for businesses of all sizes around the world.
Jyoti Mann / The Information:
Internal memo: Meta is scaling back elements of its MCI employee tracking tool, launched in April to help train its AI models, after staff raised concerns
Aditya Kalra / Reuters:
Doc: 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  —  Apple has agreed to submit the financials of its India business to the country's antitrust body as part of an investigation …
Helene Braun / CoinDesk:
Mastercard says it plans to offer on-chain settlement using several regulated USD stablecoins, initially supporting USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD  —  The company plans to offer stablecoin, weekend and holiday settlement as demand grows for real-time movement of money. … What to know:
Melia Russell / Business Insider:
Wordsmith, whose AI tools help in-house lawyers draft contracts, handle legal questions, and more, raised a $70M Series B, bringing its total funding to $100M  —  The biggest promise of artificial intelligence in law is not that lawyers will work faster.  It's that companies will need fewer of them on the outside.
Zoho:
3 lessons from 1,000+ teams running sales on WhatsApp  —  This is a guest post by Orkhan Jafarli, Growth PM at TimelinesAI.Sales teams of businesses across the world have one thing in common: a meaningful chunk of their pipeline now happens on WhatsApp.  Buyers ask for quotes, send documents …
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@themidasproj:
Leading the Future, the pro-AI super PAC backed by Greg Brockman, appears to be linked to multiple sockpuppet accounts, including a purported anti-AI activist  —  A Pro-AI Super PAC's Secret Meme Sockpuppets
Bloomberg:
Bitcoin fell as much as 7% over 24 hours to below $67K on June 2 for the first time since April, following Strategy's first BTC sale since 2022; MSTR fell 9.15%  —  Souring Bitcoin sentiment has triggered almost $1.5 billion in crypto liquidations over the past 24 hours, as the largest digital asset sank back to a two-month low.

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Zoho:
3 lessons from 1,000+ teams running sales on WhatsApp  —  This is a guest post by Orkhan Jafarli, Growth PM at TimelinesAI.Sales teams of businesses across the world have one thing in common: a meaningful chunk of their pipeline now happens on WhatsApp.
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Newest

Sarah Perez / TechCrunch:
Amazon announces new visual search features, including displaying AI-generated images of products within its app based on users' search queriesFind
10 minutes ago
@themidasproj:
Leading the Future, the pro-AI super PAC backed by Greg Brockman, appears to be linked to multiple sockpuppet accounts, including a purported anti-AI activistFind
15 minutes ago
Katie Fehrenbacher / Axios:
Terra AI, which develops AI models for mining companies to better map underground resources, raised a $20M Series A led by Khosla VenturesFind
25 minutes ago
Lily Mae Lazarus / Fortune:
Town, which is developing personalized AI assistants that connect to users' email and calendar, raised a $55M Series A led by a16zFind
29 minutes ago
Yuliya Chernova / Wall Street Journal:
Forage, a payments processor that helps retailers and food-delivery companies accept EBT cards, raised a $40M Series B led by Mouro Capital at a $225M valuationFind
40 minutes ago
Melia Russell / Business Insider:
Wordsmith, whose AI tools help in-house lawyers draft contracts, handle legal questions, and more, raised a $70M Series B, bringing its total funding to $100MFind
50 minutes ago
Alex Konrad / Upstarts Media:
Lassie, whose AI agent helps dental practices automate admin work, raised a $35M Series A led by a16z, a source says, at a ~$250M valuationFind
55 minutes ago
Full Time-Sorted List

From Mediagazer

Brian Steinberg / Variety:
CBS News terminates 60 Minutes veteran Scott Pelley's contract; Nick Bilton says Pelley's “antipathy to the future of the show has come through loud and clear”

Katie Robertson / New York Times:
A US federal judge orders NOTUS to temporarily suspend its planned rebrand as The Star, after The Washington Star's owner sued NOTUS for trademark infringement

Brooks Barnes / New York Times:
AI image startup Black Forest Labs says Martin Scorsese became a partner and adviser in 2025 and used its tech to storyboard during preproduction for a film

More News

Aisha S Gani / Bloomberg:
How Revolut founder Nikolay Storonsky's Elon Musk-style pay packages pushed his fortune to ~$20.4B, making him the UK's richest person, ahead of a planned IPO

Earlier Picks

Kylie Robison / Core Memory:
How 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
Gavin Finch / Reuters:
The US sanctions Nobitex, Iran's largest crypto exchange, accusing it of helping Iran's government and blacklisted state institutions evade Western sanctions
Sawdah Bhaimiya / CNBC:
Marvell's stock closed up 32.52% on June 2, its biggest one-day gain, after Jensen Huang called the US data center chipmaker the “next trillion-dollar company”
Lily Hay Newman / Wired:
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
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