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Techmeme
June 16, 2026, 11:45 AM
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Top News

Reuters:
SpaceX agrees to acquire Cursor in a merger valuing the AI coding startup at $60B, set to close in Q3 2026, or pay a $4B to $10B termination fee  —  Elon Musk's SpaceX (SPCX.O) said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor …
Business Insider:
A profile of Cursor, including its hiring process and testy relationship with Anthropic, which told Cursor that Claude Code was a research effort, per a source  —  How the world's hottest AI coding company hitched its fate to Elon Musk's rocket ship  —  I n 2019, Michael Truell, a shy …
Molly Taft / Wired:
Filing: the US DOJ asks the court to dismiss an NAACP lawsuit over xAI's gas turbines, saying xAI is integral to the US' military operations, like the Iran War  —  In a bid to dismiss a lawsuit over xAI's polluting gas turbines, the Justice Department claimed the company is integral to military operations—including the Iran War.
Ben Thompson / Stratechery:
Anthropic's origin story is rooted in OpenAI not taking safety seriously enough, so only Anthropic can control AI and everyone else, including the US government
Financial Times:
Source: Anthropic was given 90 minutes to comply and wasn't provided with detailed concerns before the Commerce Department imposed export controls on its models
Ed Zitron / Ed Zitron's Where's Your Ed At:
Docs: audited financial figures show OpenAI spent $34B in 2025, up 172% YoY, including $19B on research and development and nearly $6B on sales and marketing  —  Today, I can exclusively report, based on audited financial documents viewed by this publication that have been independently verified …
Financial Times:
Docs: OpenAI's net loss grew from $5B in 2024 to ~$39B in 2025, a source says due to a $30B non-cash accounting charge linked to its previous structure  —  Audited figures reveal mounting costs from model development, infrastructure and rapid expansion  —  OpenAI spent $34bn last year …
Ashley Stewart / Business Insider:
Sources: Microsoft is adding AWS capacity to GitHub after AI-driven growth strained its infrastructure and contributed to dozens of major GitHub outages in 2026  —  Microsoft is turning to its biggest cloud rival, Amazon, to help address capacity issues on its GitHub coding platform following …
Aisha Malik / TechCrunch:
Meta says Threads now has 500M MAUs, adds a “Your Algo” tool that lets users privately control what they see in their feed, and launches Communities out of beta  —  Nearly three years after launching as a competitor to Twitter (now X), Threads has reaches 500 million monthly active users, the company announced Tuesday.
The Information:
Sources: DeepSeek closed a ~$7.4B round at a $50B+ valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng  —  Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4 billion) …
Cristina Carlevaro / Reuters:
Italy's competition regulator opens an investigation into Apple under the DMA over whether iOS and iPadOS interoperate with third-party consumer cloud services  —  Italy's competition regulator said on Tuesday it had opened an investigation into Apple (AAPL.O) over compliance …
Antonio G. Di Benedetto / The Verge:
Microsoft upgrades Surface Pro and Surface Laptop with Qualcomm Snapdragon X2 chips; Pro starts at $1,499 and Laptop at $1,599, both $100 higher than last-gen  —  New colors and high prices. New colors and high prices. … Microsoft is launching new Surface Laptops …
Helen Partz / Cointelegraph:
Robinhood CEO Vlad Tenev says the company is “proactively” reducing its full-time workforce by ~10%, or ~290 employees, in a “flattening” of its org structure  —  Cointelegraph is committed to independent, transparent journalism.  This news article is produced …
Simon van Zuylen-Wood / New York Magazine:
An interview with SBF about life in prison, his serialized prison memoir titled Manfred, and more, as he praises Trump, becomes a Republican, and seeks a pardon  —  Sam Bankman-Fried is incarcerated at a federal prison in Lompoc, California, which sits northwest of Santa Barbara and is dubbed “the City of Arts and Flowers.”
Wired:
Memo: CTO Andrew Bosworth said Meta did “an atrocious job” sharing Applied AI's vision, promising employees better communication, career growth, and more perks  —  In an internal memo seen by WIRED, Bosworth promised employees more stability, better communication …
Alex Ebert / Bloomberg Law:
Florida sues TikTok for allegedly violating its social media regulations for minors and state consumer protection laws by showing “X-Rated” content to minors  —  TikTok Inc. is violating Florida social media regulations for minors and state consumer protection laws by misrepresenting …
Emele Onu / Bloomberg:
Ripple acquires a stake in Flutterwave as part of the African payments startup's Series E, valuing Flutterwave at $3.2B  —  Flutterwave Inc., one of Africa's most valuable financial-technology startups, sold an equity stake to Ripple, as it seeks to accelerate growth through payments expansion and strategic partnerships.
Jason Schreier / Bloomberg:
Sources: several Xbox studios, including Hellblade maker Ninja Theory, are in talks with Microsoft to buy themselves back and go independent to avoid closure  —  The studios, which include Compulsion Games and Double Fine, are in active negotiations with Xbox and may be given the chance to go independent.
Lily Mae Lazarus / Fortune:
Bland, which uses proprietary, in-house-built voice models to process calls for 250+ enterprise clients, raised a $50M Series C led by Dell Technologies Capital  —  Isaiah Granet was rejected by 180 investors in three weeks during Y Combinator.  Their reason: phone calls won't exist in a year.
More: FinSMEs

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This is a Techmeme archive page. It shows how the site appeared at 11:45 AM ET, June 16, 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.

From Mediagazer

Andrew Marchand / The Athletic:
Sources: Joe Buck agreed to a new, six-year contract with ESPN worth ~$108M that will keep him as the voice of Monday Night Football through the 2031 Super Bowl

TMZ.com:
Sources: Paramount told the offices of LA Mayor Karen Bass and CA AG Rob Bonta the company would announce Tuesday it was leaving the state; no announcement came

Rebecca Rubin / Variety:
Spider-Man: Brand New Day tops 2015's Star Wars: The Force Awakens to be the highest-grossing domestic release ever, earning $936.773M vs. Force Awakens' $936M

More News

Earlier Picks

Brian Thomas / OpenRouter Blog:
OpenRouter debuts Fusion, a tool that prompts multiple AI models in parallel, claiming it can “reach and surpass Fable-level performance on deep research tasks”
Arjun Kharpal / CNBC:
SpaceX's stock closed up 19.6% on June 15, its first full day of trading; Musk said it “might be able to reach” ~$1T in revenue in 2030, up from $18.7B in 2025
Lauren Forristal / TechCrunch:
Meta debuts new AI features, including an “AI Mode” that uses Meta AI to search for answers pulled from public posts across Facebook, including Groups and Reels
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