Dwayne
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Cyera, an Israeli startup focused on protecting companies' data from AI-based threats, raised $600M at a $12B valuation, bringing its total funding to $2.3B (Niko Gallogly/New York Times)
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Poetic, which aims to use AI to automate tasks like financial compliance, emerges from stealth with $50M in funding from OpenAI and others at a $500M valuation (Paayal Zaveri/Bloomberg)
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Hands-on with Siri AI: successfully executed multistep prompts, understood context well, has strong guardrails, and seems a bit more dispassionate than Gemini (Allison Johnson/The Verge)
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CrowdStrike: Chinese entities accounted for 58%+ of state-sponsored cyberattacks aimed at tech companies, especially AI assets, over the 12 months to March 31 (Evelyn Cheng/CNBC)
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Sources: Chinese companies like Moonshot are reconsidering "red-chip structures", which make it easier to list overseas, after China blocked the Meta-Manus deal (Financial Times)
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Morgan Stanley forecasts global AI-tied debt issuance will more than double to nearly $570B in 2026, as hyperscalers seek alternative funding for AI capex needs (Kanishka Ajmera/Reuters)
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A look at Unitree's growth strategy, which mimics those used by BYD and DJI, and leverages its quadruped robot dominance to create and lead the humanoid market (SemiAnalysis)
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Las Vegas-based TensorWave, which offers AMD-powered cloud infrastructure, raised a $350M Series B led by AMD and Magnetar at a $1.55B post-money valuation (Robbie Whelan/Wall Street Journal)
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Sources: SpaceX has drawn $250B+ of investor demand for what is poised to be the largest IPO to date, far beyond the $75B that SpaceX is aiming to raise (Reuters)
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Sources: SK Hynix plans to list its shares in the US as soon as August, seeking to capitalize on strong AI-linked stock demand and broaden its investor base (Reuters)
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Sources: Ant International is considering raising ~$1B at a $10B+ valuation, which could help pave the way for a potential Hong Kong IPO as soon as 2026 (Bloomberg)
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Tata's chairman predicts AI agents will replace half of Tata Consultancy Services' jobs and says TCS plans to reduce hiring in the coming years as it adopts AI (Sankalp Phartiyal/Bloomberg)
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Swedish autonomous truck company Einride will debut on the Nasdaq today after merging with a SPAC at a $1.35B pre-money valuation; Einride raised $113M in 2026 (Dominic Chopping/Wall Street Journal)
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Xbox Chief Strategy Officer Matthew Ball says Xbox Game Pass lost "millions" of subscribers in the months following a 50% price hike announced in October 2025 (Eddie Makuch/GameSpot)
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Sixteen economists on what AI will mean for the US economy, workers, and workplaces: AI will boost productivity in the near term, but only two expect more jobs (Wall Street Journal)
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An expert panel with Daron Acemoglu, Dean Ball, Ethan Mollick, and Clara Shih discusses AI's impact on jobs and how people should prepare for the future of work (New York Times)
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Walmart outlined a future where AI will change how people work, not necessarily how many work, at its annual Associates Week, as it accelerates AI adoption (Gregory Meyer/Financial Times)
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Microsoft's June 2026 Patch Tuesday fixes a record nearly 200 security flaws, 33 rated Critical, as it and security researchers increasingly use AI to find bugs (Brian Krebs/Krebs on Security)
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The crackdown on online scam centers in Cambodia is leading some gangs to relocate to Sri Lanka, where authorities say they have arrested 1,000+ people in 2026 (Bloomberg)
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Chinese investors are using tokenized stocks bought with stablecoins like USDT to bypass Beijing's capital controls and mimic bets on hot US IPOs like SpaceX (Financial Times)
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