Techmeme
June 2, 2026, 9:20 AM

Top News

Bloomberg:
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. …
The Economist:
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 …
More: Axios and Financial Times
X: @quinnypigBluesky: @jessefelder.comMastodon: @nixCraft@mastodon.socialForums: Hacker News and r/Finanzen
Mike Isaac / New York Times:
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 …
Jason Koebler / 404 Media:
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 …
More: Krebs on Security, Ars Technica, The Verge, 9to5Mac, 0xsid.com, Fortune, TechCrunch, Macworld, The Verge, BBC, Task & Purpose, PhoneArena, MacRumors, Simon Willison's Weblog, TMZ.com, SecurityWeek, PCMag, Metro.co.uk, Android Authority, The Rundown AI, The Indian Express, Digit, Digital Trends, Tech Times, Cyber Security News, Livemint, The Hans India, KTLA, Social Media Today, Ace of Spades HQ, Gizmodo, TechRadar, Futurism, iPhone in Canada, Mashable, TotalProSports, and GBHackers Security
Arriana McLymore / Reuters:
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 …
Rohan Prabhu / Step Security Blog:
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.
Brody Ford / Bloomberg:
HPE reports Q2 revenue up 40% YoY to $10.7B, above $9.74B est., Server revenue up 33%, forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+ pre-market  —  Hewlett Packard Enterprise Co. shares soared in extended trading after the company gave an outlook for annual sales that topped estimates …
Bloomberg:
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.
NBC News:
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.
CNBC:
An interview with Sam Altman on OpenAI's massive Stargate data center project in Saline, Michigan, coding models being the biggest driver of AI demand, 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.
Kyle Orland / Ars Technica:
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.
Andrew Martin / Bloomberg:
Analysis: Palo Alto Networks shareholders have voted to reject pay packages for 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.
Stephen Foley / Financial Times:
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  —  Accenture made a fortune from previous tech revolutions but investors think AI could kill it, not make it stronger.
Nectar Gan / Bloomberg:
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 …
Max Cherney / Reuters:
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.

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
Meet the all-new Zia: Your AI-powered HR for smarter work  —  HR is evolving.  It's no longer just about managing processes like hiring, attendance, payroll, and performance.  Today, it's about delivering better …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Access:
AI is turning sketches into real-world products
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Nick, Dick and Paul Show:
Is AI Conscious?
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Big Technology Podcast:
AI Pioneer Geoffrey Hinton: AI Is Conscious, Superintelligence is Coming, And We Should Be Worried
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
How Dhar Mann Turned After-School Specials Into A Billion-View Business
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Dara Khosrowshahi - Uber's Bet on AVs, AI, and Building a Super-App
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:20 AM ET, June 2, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

OpenAI:
Simon Lock / TBIJ:

Earlier Picks

Michelle Ma / Bloomberg:
Sean Hollister / The Verge: