Trump Administration to Collect $10 Billion Fee from TikTok US Entity Deal

• Meta is separating from the Chinese AI startup Manus, terminating all internal access and data sharing following a divestiture order from Beijing based on national security grounds. • Manus co-founders are currently seeking approximately $1 billion from external investors to buy back the startup from Meta.

• Mistral is reportedly seeking a $3.5 billion funding round to support its strategic push into physics-based AI. • The company is expanding its ecosystem with "Studio," an AI agent development platform, alongside AI-optimized cloud infrastructure and custom foundation model tools.

• SpaceX has launched the largest IPO in history, raising $75 billion and more than doubling the previous record. • CEO Elon Musk is leveraging the capital to accelerate the growth of Starlink and develop space-based AI centers.

• OpenAI is facing an investigation by an undisclosed number of state attorneys general regarding its business practices. • The inquiries focus on several critical areas, including the company's advertising policies and its management of sensitive health data.

• IN-SPACe has selected three high-potential startups—Astrobase, SatSure, and TM2SPACE—as the first beneficiaries of its newly launched Technology Adoption Fund. • The initiative provides direct financial backing to private companies to develop advanced space technologies, marking a shift from policy reform to active investment.

• Muhammad Qasim outlines key fintech innovations that Forex broker product teams should prioritize for 2026 to remain competitive. • While trading interfaces and liquidity have been traditional focuses, the author argues that AI's most immediate value lies in operational efficiency rather than just trading analytics.

• Organizations shifted their focus in Q1 2026 from simply pursuing AI scale to prioritizing AI execution and operational readiness. • The primary challenge has evolved into whether companies possess the specific tools and skills required to scale AI technologies successfully.

• SpaceX launched the largest IPO in US history today, trading on the Nasdaq under the ticker SPCX, with potential addition to the Nasdaq-100 index by July 7. • OpenAI acquired cloud startup Ona to integrate its secure environment technology into the Codex division, allowing AI agents to execute complex, multi-day software engineering workflows.

• The UK government announced a multi-billion pound investment push into AI infrastructure during London Tech Week to bolster national competitiveness. • Key initiatives include a £20 million project to analyze how AI impacts entry-level employment and the creation of a "bridge AI" scheme to fund the purchase of UK-developed AI products.

• Google has integrated Gemini into Business Profiles and enabled Google Analytics to track hidden chatbot clicks to improve merchant insights. • OpenAI updated ChatGPT by simplifying four setting labels and implementing a major upgrade to its memory capabilities for better user personalization.

• A series of cyber incidents have emerged, including breach investigations into the Canvas learning platform affecting universities and ransomware disruptions at Foxconn and West Pharmaceutical. • Security alerts highlight the active exploitation of a critical cPanel vulnerability and the rising threat of AI-assisted exploitation techniques.

• A new report reveals that India's labour productivity gap with China has widened significantly since 2000, despite the country's strong overall GDP growth. • India has failed to achieve the industry-led productivity transformation seen in peer nations like China and South Korea due to structural constraints and pandemic-related disruptions.