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Fri, Jun 12, 2026, 6:56 PM EDT

Tech

AI Summary

  • SpaceX's monumental IPO has officially made Elon Musk the world's first trillionaire, with the company's shares surging 19% on debut and driving record-breaking traffic on platforms like Robinhood.
  • Google has filed a lawsuit against a sophisticated Chinese cybercrime operation that leveraged AI, including Google's own Gemini, to defraud hundreds of thousands of victims globally.
  • AI continues its rapid integration into various sectors, with Jeff Bezos's Prometheus raising $12B for an 'artificial general engineer' and Avataar developing culturally aware video AI for the Indian market.
  • The tech landscape is seeing significant funding rounds for AI startups, with Mistral reportedly seeking €3B at a €20B valuation and Equal AI raising $30M for call screening technology.
  • Amidst these developments, critical legislative discussions are underway, including the lapse of a US surveillance law and ongoing debates about copyright reform and government censorship.

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  • Nothing CEO says phone prices are going to keep going up 4 hours ago by Stevie Bonifield
    Gadgets, News, Phones, Tech

    Nothing Phone 4A Pro | Photo: Dominic Preston / The Verge If you're thinking about upgrading your phone, "the best time was yesterday," according to Nothing CEO and co-founder Carl Pei, echoing a message we heard during MWC . As Android Authority reports, Pei said in a post on X that the RAM shortage has already impacted Nothing's less expensive mid-range phone : "For Phone 4A , memory costs doubled between when we decided to build the device and when it launched. They've doubled again since." He warned that "Phone prices are going up, and they'll keep going up into

  • The world’s first trillionaire is a killer 5 hours ago by TC. Sottek
    Elon Musk, Tech

    Hm! | Photo: Kristen Radtke / The Verge; Getty Images Elon Musk's SpaceX IPO will probably make him the richest person to ever walk the planet . And while his mountain of horrible personal conduct could fill multiple books, one fact in particular stands out: A year ago, Musk's actions directly led to the deaths of hundreds of thousands of people. He did it knowingly. And, worse - gleefully. This is not a serious person , but his abuse of the world is deadly serious. In the first months of President Donald Trump's second term, the Musk-led Department of Government

  • Siri is good now?? 6 hours ago by David Pierce
    AI, Apple, Apple Event, Podcasts, Tech, Vergecast

    You'd be forgiven for thinking this day would never come. Siri has spent a decade and half somewhere between "sort of useful at a few things" and "utterly disastrous, why did I even try, can it honestly not even set a timer." But the wildest thing just happened: Apple put out a new version of Siri , and it actually seems to be pretty good . On this episode of The Vergecast , David and Nilay talk about their early experiences with Siri AI, and what it means for users, and the rest of the AI industry, for the iPhone's

  • A trillion dollars is a stupid amount of money 7 hours ago by Jess Weatherbed
    Elon Musk, News, Science, Space, SpaceX, Tech

    Elon Musk is now officially the world's first trillionaire . That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale - a thousand times more than a billion - is difficult to fathom for those of us who aren't among the 3,363 billionaires that currently exist in our world. But let's try to comprehend it anyway. The most frequently cited comparison is time. If you were to count out a million seconds, it would take you 11 and a half days. A billion seconds would take you 31.7 years. But a trillion

  • Elon Musk is the world’s first trillionaire 7 hours ago by Stevie Bonifield
    AI, Business, News, Science, Space, SpaceX, xAI

    Elon Musk's net worth has passed the trillion-dollar mark after SpaceX's IPO . His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above the $138 benchmark that gives Musk a 13-figure net worth. SpaceX combined Musk's rocket, AI, and social media platforms earlier this year, and said in its S-1 that its goal is to "build the systems and technologies necessary to make life multiplanetary, to understand


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