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SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week

SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, down from the $2 trillion-plus it was aiming for as recently as April, according to Bloomberg. The target was adjusted after consultations with advisers and investors, and could still move higher depending on feedback during the formal marketing period, which is […]This story continues at The Next Web

EU-Nough tech rules? Founders, policymakers, and operators meet in Amsterdam to discuss Europeʼs scaling reality

Independent research by DutchBasecamp and Ogni, based on 150+ founder perspectives across Europe, will be revealed at an exclusive Amsterdam event co-hosted with CCIA Europe on June 30. Across Europe, startup and scale-up founders are increasingly warning that fragmented and overlapping digital regulation is slowing down innovation, delaying expansion, and making it harder tocompete globally. […]This story continues at The Next Web

Nvidia has spent $6.5 billion in three months to replace copper with light inside AI data centres

Nvidia has committed at least $6.5 billion to photonics companies since the beginning of March, making it the largest single investor in the technology that many in the industry believe will replace copper wiring as the backbone of AI data centres. The spending spree reflects a calculation that copper, the standard medium for moving data […]This story continues at The Next Web

Asana buys no-code agent builder Stack AI as it tries to become the operating system for human-agent teams

Asana has acquired Stack AI, a no-code platform for building AI agents that operate across enterprise systems like Salesforce, Slack, and Google Workspace. The deal, reported at $75 million, was announced on 28 May after market close, timed to coincide with Asana’s first-quarter earnings call. Stack AI founders Tony Rosinol and Bernard Aceituno will join Asana. […]This story continues at The Next Web

Blue Origin’s New Glenn rocket exploded on the launch pad, destroying its only pad and threatening Amazon’s satellite deadline

Blue Origin’s New Glenn rocket exploded during a static fire test at Cape Canaveral Space Force Station on Thursday night, sending a fireball into the sky and destroying the vehicle along with critical launch pad infrastructure. The explosion occurred at approximately 9pm EDT as engineers were counting down to a brief test firing of the […]This story continues at The Next Web

Elon Musk bashes Bruce Springsteen over USAID cuts concert criticism

Elon Musk criticized Bruce Springsteen twice on X in response to Springsteen's take on Musk-led DOGE cuts of USAID.

'I'm a fool' killer's chilling confession after stabbing student - as Elon Musk erupts

Vickrum Digwa was convicted of murdering student Henry Nowak, as Elon Musk branded UK police "disgusting excuses for law ...

Mamdani: NYC "Commission Of Government Efficiency" Will Be What Elon Musk's DOGE "Should Have Been"

NYC Mayor Zohran Mamdai continued outlining his "Block by Block" housing plan on Thursday, announcing the creation of COGE ...

Zohran Mamdani Trolls Elon Musk

The mayor said his new Commission on Government Efficiency — or COGE — will be what Musk’s DOGE “should’ve been.” ...

Scathing Mamdani hits out at Elon Musk in furious attack over DOGE

Mamdani's newly unveiled Commission on Government Efficiency (COGE) drew immediate comparisons to the controversial ...

Zohran Mamdani Takes Page From Elon Musk’s and Donald Trump’s Playbook

Mamdani appears to be borrowing from a high-profile political playbook, announcing a new Commission on Government Efficiency.

Elon Musk Uses Trump’s War to Squeeze More Megabucks From Pentagon

Elon Musk has used Donald Trump’s war in Iran to quintuple the amount he’s charging the Pentagon for SpaceX services. The ...

Elon Musk calls Bruce Springsteen a 'billionaire hypocrite'

Taking a page from Donald Trump’s playbook, Elon Musk took to the social media platform he owns to bash Bruce Springsteen ...

Blue Origin’s New Glenn rocket explodes during testing in Florida

The explosion is likely a major setback for Jeff Bezos' spaceflight company, and its attempt to compete with SpaceX.

Glean’s top line crosses $300M as AI budget-cutting becomes its major selling point

The enterprise AI search startup tripled its annual revenue even as tech giants entered the category.

Waymo dominates autonomous vehicle registrations as Tesla trails behind

A new law and AV tracker tool gives the clearest accounting yet of how many robotaxis and self-driving trucks are in Texas.

How to apply to Startup Battlefield 2026, what you need ahead of the June 8 deadline

Startup Battlefield applications are due tomorrow, so now's the time to put the finishing touches on your submission!

Researchers automated LLM reasoning strategy design and cut token usage by 69.5%

Test-time scaling (TTS) has emerged as a proven method to improve the performance of large language models in real-world applications by giving them extra compute cycles at inference time. However, TTS strategies have historically been handcrafted, relying heavily on human intuition to dictate the rules of the model’s reasoning. To address this bottleneck, researchers from Meta, Google, and several universities have introduced AutoTTS, a framework that automatically discovers optimal TTS strateg

The internet is being rebuilt for machines

As AI agents move from experiments to production, AWS, Cloudflare, and others are redesigning cloud infrastructure for a future dominated by machine-generated internet traffic instead of human users.

Mistral AI launches Vibe, expands into industrial AI and announces data center push to challenge OpenAI

Mistral AI used its inaugural conference on Wednesday to announce a sweeping expansion into industrial manufacturing, a new inference data center south of Paris, and a rebranding of its consumer-facing assistant — moves that collectively signal the three-year-old French startup's ambition to become the enterprise AI provider of record for companies that refuse to hand their most sensitive data to American hyperscalers.At the AI NOW Summit, held at a venue in central Paris, co-founder and CE