AI News for June 17, 2026 — 7min.ai

[NEWS] SpaceX acquires Cursor for $60B in all-stock deal, two days after IPO: SpaceX formally agreed to buy Anysphere, the company behind AI coding tool Cursor, for $60B in stock, closing the deal just two trading days after its record IPO.
[NEWS] OpenAI lost $38.5B on $13B revenue in 2025, leaked financials show: Audited financials obtained by journalist Ed Zitron and independently verified by the Financial Times show OpenAI lost about $38.5B in 2025 on $13.07B in revenue, up from $3.7B revenue and $5.09B loss in 2024.
[NEWS] DeepSeek raises $7.4B at $50B valuation in first outside funding round: Chinese AI lab DeepSeek closed over 50 billion yuan ($7.4B) in its first external funding round, valuing the company at more than $50B.
[NEWS] France ditches Palantir for ChapsVision to avoid 'strategic dependency': French Prime Minister Sébastien Lecornu announced the DGSI domestic intelligence agency will replace Palantir's AI data tools with those from French firm ChapsVision, citing the need to avoid "strategic dependency" on US technology.
[NEWS] SpaceX leapfrogs Amazon at $2.7T market cap, makes Musk worth $1.27T: SpaceX shares jumped 11% Tuesday, pushing its market cap past $2.75T and overtaking Amazon to become the world's fifth-most-valuable company three trading days after its IPO.
[NEWS] DOJ sides with xAI, calls Grok essential to military operations: The Department of Justice filed a 33-page memorandum asking a Mississippi federal court to dismiss the NAACP's Clean Air Act suit against xAI's 57 unpermitted gas turbines at the Colossus 2 data center in Southaven.
[NEWS] Lutnick letter reveals criminal-penalty threat behind Anthropic Fable ban: Bloomberg obtained the June 13 letter Commerce Secretary Howard Lutnick sent CEO Dario Amodei warning that Anthropic would need government permission before exporting Fable 5 or Mythos 5 to any destination or any foreign national worldwide, with criminal and civil penalties for noncompliance.
[RESEARCH] Weibo's VibeThinker-3B matches DeepSeek V3.2 on AIME 2026 at 1/200th the size: A nine-researcher team at Sina Weibo posted a 14-page arXiv paper claiming their 3B-parameter VibeThinker model scored 94.3 on AIME 2026, matching the 671B-parameter DeepSeek V3.2 and beating Gemini 3 Pro's 91.7.
[RESEARCH] Z.ai releases open-weights GLM-5.2, beats GPT-5.5 on coding at 1/6th the cost: Z.ai (formerly Zhipu) released GLM-5.2, a 753B-parameter open-weights model under MIT license with a 1M-token context, available on Hugging Face, the Z.ai API, and 20+ coding environments.
[RESEARCH] Stanford's DeLM cuts multi-agent costs 50% by killing the central orchestrator: Stanford researchers Yuzhen Mao and Azalia Mirhoseini released DeLM, a decentralized multi-agent framework where sub-agents coordinate directly through a shared knowledge base instead of routing every interaction through a central controller.

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