Morning Scan

SpaceX hits public markets tomorrow, Anthropic just dropped a new frontier model with built-in guardrails, and Apple's WWDC software cycle is still shaking out. Compute infrastructure is getting bigger, more expensive, and harder to govern — and the bills are coming due for everyone from gamers to Instagram users.

$2.3B — Trump and his sons profited this amount from four crypto ventures since January 2025, while other investors in those same projects lost roughly the same sum. (Reuters)

Connected World

OpenAI in Advanced Talks to Lease a 10GW Data Center Campus in Ohio

Ten gigawatts is not a typo — that's roughly the output of ten large nuclear plants, and Nvidia may be helping foot the bill. (The Information)

Meta Partners with Reliance on AI Data Center in India

Meta's first Indian data center foothold comes with 168 MW capacity and a separately announced ~1GW renewable energy contract. This is a long-term build. (Meta Newsroom)

Super Micro Aims to Raise $7B Through Equity Offerings

The AI server maker is going back to the well for component purchases, and shareholders are not thrilled — stock dropped 6%+ after hours. (Reuters)

Bizlink Buys Blackstone's Interplex Data Centre Unit for $850M

An Nvidia manufacturing partner acquiring data center infrastructure is the kind of vertical integration move that looks obvious in hindsight. (The Next Web)

SK Hynix Eyes US Listing as Soon as August

The world's second-largest memory chipmaker wants a US-listed share class to capture AI investor demand — and it's moving fast. (Reuters)

Connected World

Trump Administration Tells AI Testing Unit CAISI to Halt Model Assessments (paywall)

The administration is pausing publication of independent AI safety evaluations while a new executive order is implemented — a significant shift in who controls the benchmark narrative. (Wall Street Journal)

Maybe Section 230 Doesn't Shield AI Companies from Liability, After All

Courts may be moving toward treating AI outputs as generated content rather than hosted third-party speech, a distinction with large downstream consequences. (Marcus on AI)

ServiceNow Discloses Security Incident Exposing Customer Data

An unauthenticated data query flaw was patched June 5, but not before attackers got in — and the company is light on specifics. (BleepingComputer)

“AI will boost productivity in the near term, but only two [of sixteen economists surveyed] expect more jobs.” — Wall Street Journal

Connected World

Anthropic Releases Claude Fable 5 with Built-In Anti-Proliferation Safeguards

Prompt modification, steering vectors, and PEFT baked invisibly into the model to prevent it from helping build competing frontier LLMs — a notable escalation in capability control. (The Decoder)

Nintendo Shares Fell 8.2% After Game Showcase Disappointed (paywall)

No major Mario franchise titles, no market patience — investors wanted IP fireworks and got a catalog update. (Bloomberg)

Einride Debuts on Nasdaq After SPAC Merger at $1.35B Valuation (paywall)

The Swedish autonomous trucking company goes public today — one of the more structurally interesting logistics bets hitting markets this year. (Wall Street Journal)

Anthropic Launched a YouTube "Thinking and Building" Music Stream Called Claude FM

"Made and curated by musicians," which is either a charming brand move or a deliberate effort to associate the AI with human creativity. (Kottke)