TNB ORIGINALS
Original reporting. No rewrites. No press releases. Stories we researched, wrote, and stand behind.
The Regulation
A 269-Page House Bill Would Freeze State AI Laws for Three Years
Reps. Jay Obernolte and Lori Trahan released a discussion draft of the Great American Artificial Intelligence Act on June 4, pausing state AI development rules while requiring frontier labs above $500 million in revenue to submit to semi-annual audits.
⚡ The Wire — AI & Tech — Without the Hype
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⚡ The Wire
Microsoft Built Seven AI Models to Stop Paying OpenAI for the Same Thing
At Build 2026, Microsoft unveiled a family of seven in-house models including MAI-Thinking-1 and MAI-Code-1-Flash — trained entirely on commercially licensed data, without distillation from any third-party model. The company projects 10x better cost efficiency compared to GPT-5.5 for the same tasks.
⚡ The Wire
A Stanford Balloon Startup Outforecast the European Weather Agency. With 400 Balloons.
WindBorne Systems released the sixth version of its WeatherMesh model on June 1, claiming it beats the European Centre for Medium-Range Weather Forecasts at 5-day surface temperature accuracy. The company has raised $25 million and keeps 400 balloons in the air at any given time.
⚡ The Wire
857 Unicorns. Nearly Half Haven't Raised in Three Years.
The AI funding boom that minted OpenAI and Anthropic has quietly stranded hundreds of startups that peaked in 2021 and 2022. PitchBook now counts more than 220 fallen unicorns — and says the number is still climbing.
📊 The Ledger — Follow the Money
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📊 The Ledger
SpaceX Set a Fixed $135 Roadshow Price. The $75 Billion Raise Would Be the Largest IPO in History.
SpaceX launched its roadshow on June 4 with a fixed share price of $135, targeting a $1.75 trillion valuation and a $75 billion raise — more than double the previous IPO record set by Saudi Aramco in 2019.
📊 The Ledger
Broadcom Posted $10.8 Billion in AI Chips and Still Dropped 5%
Broadcom's Q2 AI semiconductor revenue grew 143% year-over-year to a record $10.8 billion. The stock fell anyway because CEO Hock Tan didn't raise the annual forecast.
📊 The Ledger
Anthropic Confidentially Filed for an IPO. The Post-Money Valuation Is $965 Billion.
Days after closing a $65 billion Series H, Anthropic submitted a confidential IPO filing with the SEC, putting it ahead of OpenAI in the race toward a public debut. The company says it aims to break even by 2028.
🔧 Baked In — AI Tools — Road Tested, Not Press Demoed
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🔧 Baked In
Copilot Billed Some Developers $3,000 in June. Here's What the Alternatives Actually Cost.
GitHub Copilot switched to token-based billing on June 1. Some developers went from $29 a month to $750. One reported $3,000. The math now favors flat-rate tools — if you pick the right one.
🔧 Baked In
Claude Code Was Too Good Inside Microsoft. That's Why It Got Cut.
Microsoft's Experiences + Devices division is canceling Claude Code licenses by June 30 and redirecting thousands of engineers to GitHub Copilot CLI. The reason isn't that Claude Code failed. It's that it worked.
🔧 Baked In
Codex Shipped Six Role Plugins and a Web Publisher. The Coders Are Now 80% of the User Base.
OpenAI added six role-specific plugins, a hosted Sites feature, and in-place Annotations to Codex on June 2. Non-developers are now 20% of the platform's 5 million weekly users and growing three times faster than engineers.
📰 Off the Record — One Story. The Full Picture.
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📰 Off the Record
Microsoft Spent Years Paying OpenAI and Anthropic. Now It's Competing With Both.
At Build 2026, Microsoft unveiled seven in-house MAI models, including its first reasoning model and a coding model already shipping in GitHub Copilot. The company that wrote the checks is now training the competition.
📰 Off the Record
DeepSeek Built a $59 Billion AI Company Without Outside Capital. Now It Wants $7.4 Billion.
The Chinese AI lab behind V3 and R1 is raising its first-ever external round, with founder Liang Wenfeng personally contributing $2.8 billion. The investor list reads less like a VC syndicate and more like China's industrial policy.
📰 Off the Record
Suno Generates 7 Million Songs a Day. The Record Labels Still Haven't Stopped It.
Suno settled with Warner Music in November, is reportedly raising at a $5 billion valuation, and still faces active lawsuits from Universal and Sony. The indie band suing it says their licensing revenue fell 80% after Suno launched.
⚖️ The Regulation — How Governments Are Writing the Rules of AI
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⚖️ The Regulation
Colorado's Replacement AI Law Is Also Frozen. The Constitutional Arguments Could Reach Every State.
A federal court order blocking Colorado's original AI law explicitly extends to the replacement bill signed in May. xAI and the DOJ have until rulemaking concludes to file a full preliminary injunction motion — and their constitutional claims don't stop at Colorado's border.
⚖️ The Regulation
xAI Has Until June 11 to Challenge Colorado's New AI Law. The DOJ Already Helped It Kill the Old One.
Elon Musk's xAI filed suit against Colorado's original AI anti-discrimination law in April. Colorado replaced that law. xAI signaled it plans to challenge the replacement too, and the court-ordered deadline to file is June 11.
⚖️ The Regulation
Colorado Replaced Its AI Law. The Challengers Plan to Sue That One Too.
Colorado's replacement AI law, SB 26-189, was signed on May 14. xAI and the DOJ, who successfully froze its predecessor, are expected to challenge the new version as well. The June 30 effective date of the original law is still on the calendar.
TODAY'S NEWS
Today's top stories — from every newsroom worldwide — updated every few minutes.
THE NEWS BAKERY
Ex-Alabama State basketball players banned over fixed 2024 game
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THE NEWS BAKERY
Trump’s attorney general pick says they are working on ‘roadblocks’ so Dems can’t go after Trump in 2029
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Why newest Browns star is wearing teammate’s number in awkward scene
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Taylor Swift and Travis Kelce are getting married at a 'MAJOR New York City venue'
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Madi Prewett Says It’s "So Easy to Submit" to Husband Grant Troutt
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Brynley Erb repeats as Gatorade Indiana Softball Player of the Year
THE NEWS BAKERY
Can't afford sky-high tickets to see the Knicks in person? Trump says 'watch it on television'
THE NEWS BAKERY
World Cup 2026, group D: United States chasing a miracle 🇺🇸🇹🇷🇦🇺🇵🇾
THE NEWS BAKERY
No FOMO Here, Pre-Order the Sold-Out Sandy Liang x Baggu Collab
THE NEWS BAKERY
Karen Read says she gets free meals and discounts everywhere after not guilty verdict
THE NEWS BAKERY
Madden NFL 27: Here Are The 10 Best New Features Revealed
THE NEWS BAKERY
A Sherpa Survived 6 Days Alone on Everest. His Family Says He Was Abandoned.
THE NEWS BAKERY
Democrat Hakeem Jeffries rips Trump for "ruining" Knicks' first NBA Finals game in 27 years
THE NEWS BAKERY
Zoe Ball 'lands new radio job at rival station' after narrowly missing out on becoming the new host of Strictly Come Dancing
THE NEWS BAKERY
Trump confirms telling Bill Pulte to fire intelligence community employees – live