SpaceX’s biggest-ever IPO just grew to $85.7 billion raised
SpaceX’s IPO underwriters maxed out their share purchases, adding to an already historic amount of money raised.
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Sarvam becomes India’s newest AI unicorn with a $234m round led by HCLTech
Sarvam, the Bengaluru company building India’s sovereign AI stack, has become the country’s newest AI unicorn. It has raised $234m in the first close of a $300m Series B, at a $1.5bn valuation, led by IT services giant HCLTech, which is putting in $150m. The round is a sovereign-AI bet with a strategic spine. HCLTech […]
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My favorite Qi2 power bank is cheaper than ever for Verge readers
I recently published a buying guide on the best Qi2 power banks. Out of seven feature-packed batteries, I really dug the Baseus AM52 10,000mAh power bank that has a built-in USB-C cable. It’s fast at Qi2.2 wireless charging for iPhones, and it’s quick with wired charging, too. And now, it’s an unbeatable value thanks to […]
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UK unveils sweeping social media ban for users under 16
The ban would apply to a range of social media platforms including Snapchat, TikTok, YouTube, Instagram, Facebook and X.
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Who decides who gets to use a piece of software?
The letter arrived at 5:21pm Eastern Time on a Friday, which is the hour at which official Washington usually stops returning calls and the news cycle goes slack for the weekend. It came from the Commerce Department, ran to a few paragraphs, and did something no piece of American paper had ever quite done before. […]
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Salesforce acquires AI customer service platform Fin for $3.6 billion
Salesforce says it wants to use Fin’s team and technology to improve Agentforce, its existing enterprise platform that businesses can use to build custom AI agents that automate tasks.
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Meta face recognition for its glasses came from a Pentagon contractor, WIRED reports
The Meta face recognition system for its smart glasses was built on software licensed from Rank One Computing, a Pentagon and police contractor, according to a WIRED investigation. Reporters Dell Cameron and Dhruv Mehrotra found a leaked, still-active licence tying Meta to a vendor that draws roughly 80 per cent of its revenue from government […]
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Happy birthday to the Trump phone
From the day it was announced, on June 16th, 2025, the Trump phone sounded ridiculous. The T1 Phone 8002 (gold version), as it was officially called, was a combination of contradictory specs, product images that were clearly not photographs of a real phone, and the worrying requirement of a $100 deposit to secure a preorder […]
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Anthropic lawsuit says it oversold the usage on its $200 Claude Max plans
An Anthropic lawsuit filed in California this week accuses the AI company of overselling its priciest Claude subscriptions. The complaint, brought by Washington, D.C. customer Karl Kahn, claims Anthropic’s “Max 5x” ($100 a month) and “Max 20x” ($200 a month) plans deliver far less usage than advertised, and asks a court to make the company […]
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Retrieval vs. citation: How AI search changes content strategy
From product pages to third-party publications, learn how to create content that helps AI systems understand your brand and who it serves.
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