• How tech companies are using open source initiatives to achieve critical strategic goals and how such efforts are reshaping industries like AI, AVs, and more (Bill Gurley/Bill's Substack)
• In a viral X post that parodies the old Mac vs. PC commercials, General Catalyst posted a "VC vs GC" video, with the VC apparently modeled after Marc Andreessen (Julie Bort/TechCrunch)
• Semiconductor stocks fell globally on Friday after the Trump-Xi summit concluded without major chip deals; Nvidia closed down 4.42% and AMD closed down 5.69% (Mauro Orru/Wall Street Journal)
• Sources: SpaceX aims to make its IPO prospectus public by next week, targeting a June 12 listing on Nasdaq, driven by a faster-than-expected SEC review (Reuters)
• Sources: Nord Quantique, a quantum computing startup that is pursuing a hardware-level quantum error correction approach, raised $30M at a $1.4B valuation (Sean Silcoff/Globe and Mail)
• Source: Kraken cut ~150 staff after AI tools improved efficiency and its IPO may be delayed until late 2026 or early 2027 due to a drop in digital-asset prices (Olga Kharif/Bloomberg)
• OpenAI's disavowal of a liability shield in Illinois SB 3444 bill and endorsement of a stronger SB 315 suggest it is open to meaningful AI safety legislation (Transformer)
• ArXiv, the repository of preprint academic research, says it will ban authors for a year if their papers have "incontrovertible evidence" of AI-generated work (Samantha Cole/404 Media)
• OpenAI memo: Greg Brockman says he will lead product strategy as part of a reorg, folding ChatGPT, Codex, and developer-facing API into one core product team (Maxwell Zeff/Wired)
• Replit says it has "worked things out with Apple", which has approved a Replit update after four months, following a reported dispute over vibe coding apps (Zac Hall/9to5Mac)
• OpenAI debuts personal finance tools for US ChatGPT Pro users, partnering with Plaid to give access to 12K+ financial institutions to analyze spending and more (Ivan Mehta/TechCrunch)
• A profile of AI video generation startup Runway, which is training models directly on observational data, is now valued at $5.3B, and added $40M in ARR in Q2 (Rebecca Bellan/TechCrunch)
• Gridcare, which uses AI to detect underused capacity in electric grids, raised a $64M Series A, following a $13.5M seed in 2025 (Bianca Giacobone/Latitude Media)
• A look at Matthew McConaughey's novel legal strategy to fight unauthorized AI use of his image and likeness, by trademarking video and audio clips of himself (Todd Spangler/Variety)
• Ofcom says X has committed to implementing stronger protections for UK users, including reviewing illegal hate and terror content within 24 hours, after a probe (Daniel Thomas/Financial Times)
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| • New crash data highlights the slow progress of Tesla's robotaxis
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• Marathon's future includes duo queues, more PvE modes and better onboarding
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• Engadget Podcast: Who needs Googlebooks?
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