📢 AI News Roundup: What's New in the AI World?

Tired of reading headlines about SpaceX? Well, you’re gonna hate this then. SpaceX’s first day as a public company was a big one. The tech company’s stock reached as high as $176/share in midday trading, pushing the company’s market cap to nearly $2.3 trillion, making SpaceX the sixth most valuable public company in the U.S.

SpaceX just filed for an IPO valued at up to $1.75 trillion. When that much capital becomes liquid all at once, where it goes next is the big question.

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But SpaceX isn’t the only one making major moves lately. French AI lab Mistral AI is reportedly in early discussions to raise about €3 billion ($3.5 billion) that would value the company at around €20 billion (about $23.15 billion), nearly double the €11.7 billion valuation it received in a Series C funding round last September.

Ferveret, a startup founded by two MIT nuclear engineering researchers, cools AI servers by submerging them in a low-boiling liquid adapted from reactor physics, using zero water. A UCLA study found 15 percent better efficiency than state-of-the-art liquid cooling, or 35 percent more tokens per watt with its control software. It is testing with operators including Switch, one of the largest US data center operators.

No, it’s not just you. Meta’s social platforms went down today starting around 9:20am ET, but have since recovered. While Meta hasn’t elaborated on the cause of the outage, at its peak Downdetector was showing over 113,000 reports of issues with Facebook and around 10,000 reports of issues with Instagram.

The long-promised AI overhaul arrives this fall across iOS 27, but only iPhone 15 Pro and newer make the cut. Older handsets get left behind, so the upgrade doubles as a hardware sales pitch.

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🤖 BreakingSilos 2026 is a free online conference on June 9th.

😬 Oracle’s PeopleSoft 0-Day Vulnerability Still Doesn’t Have a Patch

📺 Roku is in Sell-Off Talks

⚡SemiAnalysis reveals how heavily some AI labs subsidize their subscriptions

📉OpenAI weighs drastic cuts to its API pricing

🤖River AI launches with a mission to build corporate-free personal AI

⚡️Meta is launching a desktop version of its Edits app to take on CapCut

🤖Pokémon Go data was reportedly exploited to develop navigation for military drones

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