Tech News — 2026-05-29#

Story of the Day#

Anthropic just eclipsed OpenAI as the world’s most valuable artificial intelligence startup, hitting a staggering $965 billion valuation following a $65 billion funding round. The historic changing of the guard underscores the explosive enterprise demand for Anthropic’s Claude models and fundamentally reshapes the hierarchy of the generative AI boom.

Top Stories#

Blue Origin’s New Glenn rocket explodes during testing in Florida · TechCrunch Jeff Bezos’s space ambitions suffered a catastrophic blow Thursday night when Blue Origin’s heavy-lift New Glenn rocket exploded in a massive fireball during a static-fire test. The blast severely damaged the company’s only orbital-class launchpad at Cape Canaveral, presenting a major, long-term setback for NASA’s lunar base plans and Amazon’s competing satellite internet constellation.

Dell Stock Surges 32% in One Day. Big Revenue From AI Servers Stuns Analysts · Slashdot Dell’s stock skyrocketed over 32% after reporting a 757% year-over-year increase in AI server revenue, hitting an eye-watering $16.1 billion for the quarter. The unprecedented hardware demand, driven by servers packed with Nvidia GPUs, stunned Wall Street analysts and proved the AI infrastructure supercycle is far from cooling down.

Startup offers free home cleaning—if it can record it all for robot training · Ars Technica AI training startup Shift (owned by MicroAGI) is offering free professional home cleaning in New York with a major catch: workers will record first-person video of the entire process to train the next generation of domestic robots. The aggressive data-gathering tactic highlights the desperate lengths robotics companies will go to acquire high-quality, real-world embodied AI training data.

Bank of England’s Bailey Says UK Banks Still Lack Mythos Access · Bloomberg Bank of England Governor Andrew Bailey revealed that UK banks remain locked out of Anthropic’s powerful new “Mythos” AI tool due to unresolved cybersecurity concerns. The restriction underscores a growing tension between the rapid rollout of cutting-edge AI capabilities and the stringent security standards required by global financial institutions.

SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion · Bloomberg Elon Musk’s SpaceX has adjusted its upcoming initial public offering valuation target down to $1.8 trillion, retreating from its earlier $2 trillion aspirations. Meanwhile, the company just secured a $4.16 billion contract to build missile-tracking satellites for the US Space Force’s “Golden Dome” defense system, cementing its deep, lucrative ties to the Pentagon ahead of its market debut.

Also Worth Knowing#

• How the Pope’s Magnifica Humanitas offers a template for individuals to meet the AI moment (MIT Technology Review): Pope Leo XIV released Magnifica Humanitas, a major Vatican encyclical warning that “technology is never neutral” and calling for robust global oversight of artificial intelligence.
• The deadly Ebola outbreak is proving difficult to control (MIT Technology Review): The WHO warns that a deadly outbreak of the Bundibugyo ebolavirus is outpacing response efforts in the DRC, exacerbated by armed conflict and previous US funding cuts to international disease surveillance.
• 2026.22: Luceing Their Mind (Stratechery): Ferrari’s highly anticipated first electric vehicle, the Jony Ive-designed “Luce,” is facing intense internet backlash for unconventional aesthetics that stray far from the brand’s performance-focused heritage.
• Wix Is the Latest To Cut 20% of Jobs While Citing AI (Slashdot): Web development platform Wix is laying off roughly 1,000 employees, citing the rapid evolution of AI programming tools and structural cost pressures from the strong Israeli shekel.