Meta launches an AI assistant that tells Facebook creators why their content works, not just that it did
Meta launches an AI assistant that tells Facebook creators why their content works, not just that it did

Knowing that a reel performed well has never been the hard part. The hard part is understanding why. Was it the hook, the timing, the format, the audio? Creators have spent years toggling between analytics dashboards trying to reverse-engineer answers …

Databricks CEO calls 2026 “a terrible year to go public” as SpaceX, Anthropic, and OpenAI prepare to absorb $200 billion in IPO capital
Databricks CEO calls 2026 “a terrible year to go public” as SpaceX, Anthropic, and OpenAI prepare to absorb $200 billion in IPO capital

Three companies are preparing to enter public markets this year with a combined valuation that could exceed $3 trillion. SpaceX is set to list as early as 12 June at a $1.77 trillion valuation, selling 555.6 million shares at a fixed price of $135 each…

Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame
Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame

Two years ago, Ramp was a $7.65 billion corporate card company. On Wednesday, it announced a $750 million Series F that values it at $44 billion, a nearly six-fold increase that makes it one of the most valuable private fintech companies in the world. …

UK forces Google to let publishers opt out of AI search results without losing their ranking
UK forces Google to let publishers opt out of AI search results without losing their ranking

For months, publishers have faced a binary choice with Google: let AI Overviews summarise your content at the top of the search page, sending less traffic to your site, or disappear from Google entirely. As of Wednesday, that choice no longer applies i…

Revolut’s co-founder and first employee steps down as CTO ahead of the company’s march toward a $200 billion IPO
Revolut’s co-founder and first employee steps down as CTO ahead of the company’s march toward a $200 billion IPO

Vlad Yatsenko was Revolut’s first employee. He joined before CEO Nik Storonsky had even launched the company. Storonsky later gave him the title of co-founder, not because he had co-founded the business in the conventional sense, but because, as Storon…

Microsoft’s AI chief says the company wants to “eliminate” what it pays Anthropic
Microsoft’s AI chief says the company wants to “eliminate” what it pays Anthropic

Mustafa Suleyman has identified Microsoft’s biggest AI competitor, and it is not OpenAI. “Anthropic is extremely expensive and I think many people are urgently looking for alternatives,” the head of Microsoft’s in-house model effort told Bloomberg in a…

Quantinuum prices its IPO at $1.68bn, setting a new bar for quantum
Quantinuum prices its IPO at $1.68bn, setting a new bar for quantum

The marketed range was $53 to $55. Quantinuum priced at $60. That gap, the willingness of investors to pay above what the bankers asked, is the real news in the Honeywell-backed company’s initial public offering, which raised $1.68bn and set a valuatio…

KPMG puts Claude in front of all 276,000 staff in an Anthropic alliance
KPMG puts Claude in front of all 276,000 staff in an Anthropic alliance

The Big Four firm is embedding Claude in the platform its people and clients actually work in, starting with tax and legal, and is named Anthropic’s preferred partner for private equity. The number that defines the deal is 276,000. That is how many KPM…

SpaceX wins Texas county approval for Terafab reinvestment zone
SpaceX wins Texas county approval for Terafab reinvestment zone

A reinvestment zone is the unglamorous first step, the procedural gate that has to open before any of the larger numbers attached to a project can flow. On 3 June, the commissioners of Grimes County, Texas, opened it, voting 4-1 to designate a reinvest…

A UK MP’s lawsuit could decide whether xAI answers for what Grok makes
A UK MP’s lawsuit could decide whether xAI answers for what Grok makes

The case turns on a question of authorship. When a user types a prompt and Grok returns a sexualised image of a real woman, who made it, the person at the keyboard or the company that built the machine? On 3 June, Labour MP Jess Asato filed a claim at …