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AnthropicIPO & M&AAnthropic confidentially submits draft S-1 to the SEC
Anthropic confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission for a proposed initial public offering of our common stock. This gives us the option to go public after the SEC completes its review.
Source: Anthropic
RippleFundamentalsProduct UpdatesRipple CEO Forecasts Stablecoin Market Cap to Reach $3 Trillion by 2031
Ripple CEO Brad Garlinghouse has predicted the stablecoin market cap will grow to $3 trillion by 2031, signaling Ripple's bullish long-term outlook on the stablecoin sector.
Source: Benzinga
RippleProduct UpdatesUS Federal Court Cites Ripple as Established Blockchain Standard in JPMorgan Patent Ruling
A US federal court has named Ripple as an established blockchain standard in a patent ruling involving JPMorgan, marking a notable legal recognition of Ripple's technology.
Source: TradingView
KalshiProduct UpdatesFundamentalsKalshi Targets Wall Street Clients as Platform Expands Beyond Retail Traders
Kalshi is shifting its focus toward institutional and Wall Street clients after building its user base through individual retail traders, signaling a new phase in the platform's growth strategy.
Source: CNBC
OpenAIProduct UpdatesOpenAI Developing Internal Tool to Challenge Nvidia's Software Advantage
OpenAI is reportedly working on an internal tool that could weaken Nvidia's software advantage, potentially reducing dependence on Nvidia's proprietary AI software stack.
Source: The Information
RunwayProduct UpdatesRunway Opens London HQ as World Model Research Hub
Runway announced the opening of its London headquarters, establishing a world model research hub serving the UK and Europe.
Source: Runway
PolymarketProduct UpdatesPolymarket Cracks Down on VPN Users Amid Global Legal Pressure
Polymarket is cracking down on VPN users as legal and regulatory pressure intensifies across dozens of countries, signaling a tightening of access controls on the platform.
Source: Gizmodo
PerplexityProduct UpdatesNotebookLM and Perplexity Paired as Complementary AI Research Tools
A hands-on test pairing Google's NotebookLM with Perplexity AI for a week found the two tools work well together as complementary research aids, with each covering the other's weaknesses.
Source: XDA
SaronicProduct UpdatesSaronic Launches Marauder MUSV and Begins On-Water Trials
Saronic launched its first Marauder Medium Unmanned Surface Vessel (MUSV) and commenced on-water trials, with HII also included in the Navy's first MUSV prototype tests.
Source: navalnews.com
QuantinuumIPO & M&AQuantinuum Sets $1B IPO Terms at $12.7B Valuation
Quantinuum filed an amended S-1 setting the price range for its Nasdaq IPO at $45 to $50 per share on 21 million Class A shares. The deal targets up to $1.05 billion in proceeds at a $12.7 billion fully diluted valuation, with trading expected on or around June 3 under ticker QNT. It is the first traditional IPO from a full-stack quantum computing company, while every prior public-market quantum entry has come through a SPAC.2025 revenue came in at $30.9 million, up from $23 million the year prior, against a $192.6 million net loss. The company has spent more than $2 billion on R&D over the past decade and held $677 million in cash at quarter-end.
Source: SubStack
VAST DataContractsProduct UpdatesVAST Data Powers Mistral Compute AI Factories on NVIDIA GB300 NVL72
VAST Data is powering Mistral Compute AI factories running on NVIDIA GB300 NVL72 hardware, highlighting a key deployment partnership in next-generation AI infrastructure.
Source: StorageReview.com
WaymoProduct MetricsWaymo Leads Autonomous Vehicle Registrations as Tesla Lags
Waymo dominates autonomous vehicle registrations in the US, with Tesla trailing significantly behind in the competitive self-driving market.
Source: Yahoo Finance