President Trump confirms talks with AI firms about granting the U.S. government an ownership share in OpenAI, potentially using the equity to fund a Public Wealth Fund that distributes AI profits to citizens. The move would be unprecedented for a private AI company and reflects broader political interest in public stakes in tech.
Supabase announced a $500 million Series F that puts its pre‑money valuation at $10 billion, doubling its worth in just eight months. The surge is driven by AI‑assisted coding tools, which helped the platform reach nearly 10 million developers and a 600% jump in database launches.
A viral X thread revealed founders’ worst VC encounters, from partners falling asleep during pitches to investors ghosting term sheets or demanding post‑exit shares. The collection, curated by TechCrunch, highlights systemic disrespect and calls for greater accountability in venture financing.
Bootstrapped Lectric eBikes, unhindered by venture capital, has invested $10 M to launch three new brands, including a Juiced Bikes relaunch, Juiced Powersports, and premium Monarc, while rivals fold. The Phoenix‑based firm shipped a record 30 k bikes in May, proving capital efficiency can fuel growth in a collapsing e‑bike market.
External voices now outweigh sales reps in B2B purchase decisions. This guide shows how to craft LinkedIn posts that position your brand as a trusted advisor, detailing the content formats and tactics needed to become an influential voice for buying committees.
SparkToro’s research shows developers at U.S. startups avoid Google and LinkedIn, preferring AI‑search tools like Claude and platforms like GitHub. To reach them, marketers must optimise for these niche channels rather than traditional SEO or LinkedIn‑based ABM.
Mid‑size B2B deals now cross product, finance, security, legal, and exec stakeholders. The article outlines a multi‑threaded messaging framework that tailors a single narrative to each group's risk concerns, turning one champion into a coordinated internal coalition.
After a decade on Microsoft’s board, venture partner Reid Hoffman steps down to work full‑time on Manus, his AI‑driven drug discovery venture. Manus, co‑founded with Pulitzer‑winning oncologist Siddhartha Mukherjee, raised over $50 million and aims to accelerate cancer‑fighting chemistry.
Sentry’s non‑engineering team migrated 2,500 marketing‑site pages from a CMS to Markdown in a Git repo over four months, using Claude Code AI to generate the bulk of the code. The effort cut the engineering bottleneck, gave the whole team full control, and provides a playbook for other product teams.
Companies like Uber and Priceline are facing multi‑hundred‑million dollar token bills as AI usage skyrockets, forcing CEOs to demand visibility and guardrails. In response, the Linux Foundation launched the Tokenomics Foundation and startups are rolling out tools to audit and limit token spend.
While AI fundraising hits new highs, founders like Board’s Brynn Putnam are raising capital for ventures that promote real-world games and social experiences, and makers of DIY cyberdecks are going viral. These “together tech” startups show growing investor interest in products that get people off screens and into human interaction.
S&P Global has rejected proposals to fast‑track megacap IPOs into the S&P 500, insisting firms meet profitability, seasoning and float requirements. SpaceX, OpenAI and Anthropic will remain ineligible until they post four quarters of positive GAAP earnings, delaying potential passive‑fund inflows.
Google will pay SpaceX $920 million per month from Oct 2026 to Jun 2029 for access to about 110,000 Nvidia GPUs and related hardware, giving bridge capacity for its Gemini Enterprise AI platform. The deal mirrors SpaceX’s Anthropic contract and underscores soaring demand for cloud compute ahead of SpaceX’s IPO.
You’re caught up.
That was all 13 stories in the 6 June issue.