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High up in Goldman Sachs’ downtown Manhattan headquarters Thursday afternoon, bankers from Goldman and Morgan Stanley, together with SpaceX executives, toasted the pricing of SpaceX’s IPO over glasses of Champagne. In many ways, it was a replay of hundreds of other such celebrations. But the SpaceX IPO was anything but normal.
For seven months, Wall Street’s premier investment banks had raced to keep up with a whirlwind of changes demanded by SpaceX’s future-seeking CEO, Elon Musk, and his lieutenants. Tha
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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For some, the allure of riding a motorcycle has as much to do with the sound as it does the ride. These are 10 of the highest-revving motorcycles. Read more ›
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One UI 9 beta appears to add a long-missing status bar tool that lets Galaxy users check real-time Wi-Fi and mobile data speeds without using a third-party app. Read more ›
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It comes with advanced, wire-free navigation and a promised future AI-powered mapping update. Read more ›
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After seeing NVIDIA RTX Spark in action at Computex 2026, I'm convinced its AI-powered editing tools could save creators hours by eliminating video editing's most repetitive tasks. Read more ›
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I met up with the "Computah" guy who's going viral. He "programs" people with Meta Ray-Ban glasses. It was wild — and now I see why he's so popular. Read more ›
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One of the most esteemed scientists in the world reflects on how important data has become in the 21st century and the modern iteration of the internet Read more ›
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Director and co-writer Matt Reeves shared the welcome news about his long-awaited DC sequel. Read more ›
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Mauricio Pochettino's USMNT begins its campaign in LA against a tough-to-beat Paraguay. Read more ›
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The Justice Department has approved Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery without requiring divestitures or other concessions. The deal still faces scrutiny from state attorneys general. Politico reports: The decision, expected to be announced Friday, paves the way for Paramount to combine with the entertainment and media company behind a vast film and television studio, CNN, and the HBO Max streaming service, which would be combined with... Read more ›
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The European Central Bank (ECB) has increased interest rates for the first time since 2023, ending a lengthy pause as policymakers confront a fresh inflation problem driven largely by rising energy prices. The ECB announced on June 12 it raised its deposit facility rate from 2% to 2.25%, with the main refinancing rate moving to ... Read more ›
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Moonshot AI released Kimi K2.7-Code this week, an open-source update to its K2 coding model family, claiming leaner reasoning and double-digit performance gains.K2.7-Code is built on the same trillion-parameter mixture-of-experts architecture as its predecessor K2.6, and drops in via an OpenAI-compatible API — which matters for teams already running K2.6 in production gateways.When K2.6 launched in April, it topped OpenRouter's weekly LLM leaderboard — a ranking based on actual API... Read more ›
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French game developer continues cost-cutting measures just months after closing Halifax office. Read more ›
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David Ellison's Paramount Skydance got the official green light to buy Warner Bros. Discovery from President Donald Trump's Department of Justice. Read more ›
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Large language models continue to struggle with hallucinations, presenting a major roadblock for real-world enterprise applications. Reducing these errors is a messy business, forcing model developers to navigate a strict tradeoff where eliminating factual errors often suppresses valid answers.In a new paper, Google researchers introduce the concept of "faithful uncertainty," a metacognitive technique that aligns a model's response with its internal confidence. This alignment allows the model to offer appro Read more ›
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ShinyHunters claims it exploited a critical Oracle PeopleSoft zero-day to compromise more than 100 organizations, including the University of Nottingham, where it says it stole 40GB of student and billing data. "ShinyHunters posted the UK university on its data leak site on Tuesday before publishing the stolen files later that same day, presumably because the school refused to pay the extortion demand," reports The Register. From the report: "University of... Read more ›
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Самый не умирающий тренд в ИИ-м мире это - портрет поколения нейросетью, когда среднее время жизни подобных трендов пару недель - этот же тренд не уходит из запросов уже более полу-года. В теории нам обещают полное понимание контекста и фотореализм в один клик. На практике же, если вбить в условный генератор «типичный миллениал», мы с высокой долей вероятности получим пластикового персонажа из стоковой рекламы коворкинга: идеальная борода, стерильный макбук и... Read more ›
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The Information
Speaking with reporters on Friday, President Donald Trump said that he plans to meet with AI companies in the near future to discuss financial “partnerships,” though he did not share further details on what the deals would look like. The remarks come after a Thursday report from NOTUS that ... Read more ›
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SpaceX’s offices in Texas and California may host the most raucous celebrations when the company’s shares start trading this coming Friday—but an extensive network of companies founded by SpaceX alums will also be popping bottles of bubbly. Read more ›
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SpaceX’s expected IPO next week will mean a banner day for many of Silicon Valley’s biggest names. But given the offering’s stratospheric size—it’s the largest ever stock market debut—it will also create life-altering wealth for a cast of lower-profile overnight billionaires, centimillionaires and millionaires. In some cases, those people never expected such a windfall. Jeremy Hollman, SpaceX employee No. 11, recalled often wondering whether the value in the shares he... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The quiet VIP of SpaceX’s wild IPO• SpaceX millionaires mull IPO windfalls: a house, a college fund—or ‘chill on a beach’?• SpaceX mafia see IPO as liftoff opportunity for their startups too • Plus, Recommendations—our weekly pop culture picks: “Where the River Took Us,” “Villa Coco” and “Star City” Just by definition, the largest IPO in history is a singular matter. But... Read more ›
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Sriram Krishnan, a top AI policy advisor in the Trump administration, plans to leave his position at the end of June, according to a person with direct knowledge of the move and a statement viewed by The Information. Krishnan has discussed starting a policy institution following his time in the White House, according to two people familiar with the matter. It will be staffed with engineers that will support the... Read more ›
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Anthropic’s filing of its initial public offering paperwork last week means the maker of Claude Code has pulled slightly ahead of OpenAI as the two go head-to-head with their planned IPOs. While bankers and lawyers say there are good reasons for a company to beat its rival to the public markets, especially if it fears its rival’s offering will outshine it, that won’t necessarily help the stock outperform, a review... Read more ›
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Sriram Krishnan, a top AI policy advisor in the Trump administration, is leaving the White House, The Information reported on Saturday. Krishnan later confirmed his decision in a post on X. Krishnan is planning to start a policy institute that will support the administration’s AI plans, ... Read more ›
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Revolut, a London-based financial app, is aiming to sell at least $750 million worth of shares in a secondary sale set to kick off next week, with the total potentially pushing far higher amid early signs of strong investor demand, according to a person with knowledge of the discussions. There is already enough investment interest to increase the size of the offering to $2 billion, the person said, though the... Read more ›
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This promises to be an action-packed week. On Monday, Apple kicks off its annual Worldwide Developers Conference, or WWDC for short, where the tech giant is expected to unveil a new operating system for its mobile devices, complete with more advanced AI features. And then later in the week, SpaceX is scheduled to go public.Rather than add to the acres of text and video already expended on the Elon Musk... Read more ›
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Nvidia and SK Hynix have signed a multiyear deal to work together on advanced memory chips, as AI demand strains global memory supply. The agreement covers chip design and manufacturing, and includes memory for Nvidia’s Vera Rubin platform, its next major AI system. The deal, announced during ... Read more ›
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12.06.2026 18:49
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