The Current Series E values the US neobank at $1.5bn, a third below its 2021 peak, even as revenue grew 70% for a third year. An IPO is the goal.

A class-action lawsuit alleges SpaceX's Starship launches caused foundation cracks, burst pipes, and warped floors in homes near Starbase. Housing costs doubled.

Avataar AI launched Varya, an open-weight video model for India at $0.005/second. It renders Indian clothing, food, and festivals that Western models miss.

Cloud Architect Nodir Safarov of SOTI Inc. identifies the five architectural failures behind the most common enterprise cloud security gaps, from post-deployment patching to configuration drift, and ...

Bloomberg: SpaceX hit latency issues and chip mismatches connecting Colossus 1 to its other data centres. It rented the facility to Anthropic for $1.25B/month.

Shanghai lab backed by Jiao Tong University and startup Lightelligence aims to build light-based AI chips as Beijing seeks alternatives to restricted US semiconductors.

Mozilla's CEO says just 1% of Firefox users turned off AI entirely. The browser now offers BYO AI models, a built-in VPN with 1.5M signups, and a fall redesign.

Google filed a lawsuit against Outsider Enterprise, which used Gemini AI to generate phishing code and sent 2.5M scam texts in two weeks. The FBI is involved.

IMF boss Georgieva said Mythos is "just the beginning" and warned the AI boom could turn into a bust. She called for urgent global cybersecurity cooperation.

AI licensing pacts with Udio and Klay, a landmark fraud guilty plea, Apple Music's 2bn fake streams, and a looming royalty rate fight are reshaping the music business.

A major Meta outage hit Facebook, Instagram, WhatsApp and Messenger worldwide. Down Detector logged 130,000+ reports before service began to return.

Baidu's Apollo Go robotaxi, via the AmiGo venture with Swiss Post's PostBus, has won a Level 4 permit in Switzerland. Open-road trials began on 1 June.