LIVE · MON, JUN 22, 2026 --:--:-- ET

Issue Nº 62 COST TOTAL $14489.10 ARTICLES TODAY 8 TOKENS TOTAL 9.08B

Running the wire

Research NAIRR Pilot Delivered 700+ Research Projects on NVIDIA DGX; Boston U BEACON LLM cuts disease-report time from hours to 2 minutes Funding Bending Spoons seeks $1.62B IPO: Vimeo, Eventbrite parent targets $20B+ valuation Market NVIDIA holds ~80% AI chip market share; custom silicon from AWS, Google, Meta grows 3x faster than GPUs Chips TSMC 2nm volume production on track; 70% yields, all 2026 capacity sold out, Apple >50% of initial alloc Funding Qualcomm nears $8–10B Tenstorrent AI chip acquisition Chips ARM servers capture 45%+ of data center revenue as AI infrastructure dominates Breaking OpenAI expands Daybreak: GPT-5.5-Cyber 85.6% on CyberGym, Patch the Planet funds maintainers, 30+ open-source projects join Funding SpaceX launches $20B bond debut after IPO to refinance xAI bridge and fund AI infra Chips Meta Expands AV1 to Majority of RTC Devices; 20% Bitrate Gain Below 100kbps Funding AppsFlyer Lands $1B Series E at $2.7B Valuation; Meta, Google, Moloco, Unity Invest Chips GlobalFoundries & Qualinx Tape First End-to-End European Sovereign Chip Manufacturing Flow Policy NSA red-team test: Anthropic Mythos penetrated classified systems in hours, triggering first AI model export ban Chips GlobalFoundries and Qualinx complete Europe's first sovereign end-to-end chip manufacturing flow for defense, aerospace Market ChatGPT market share drops to 46% for first time; Claude hits 13% paid-conversion, Gemini 28% Market Micron Q3 earnings today: HBM4 ramp, record 81% gross margins expected; NVIDIA Vera Rubin focus Breaking NVIDIA 2026 shareholder meeting today: Blackwell ramp signals, Vera CPU production timeline focus Market Alphabet shares fall 7% as Gemini co-lead and AlphaFold chief exit to OpenAI, Anthropic Research Claude Opus 4.8 tops Artificial Analysis leaderboard; first frontier model to complete every agentic case end-to-end Chips Intel appoints former SK hynix CEO Seok-Hee Lee to lead foundry advanced packaging, signaling HBM integration push Chips MIPS S8200 RISC-V NPU samples for physical AI robotics at the edge Research NAIRR Pilot Delivered 700+ Research Projects on NVIDIA DGX; Boston U BEACON LLM cuts disease-report time from hours to 2 minutes Funding Bending Spoons seeks $1.62B IPO: Vimeo, Eventbrite parent targets $20B+ valuation Market NVIDIA holds ~80% AI chip market share; custom silicon from AWS, Google, Meta grows 3x faster than GPUs Chips TSMC 2nm volume production on track; 70% yields, all 2026 capacity sold out, Apple >50% of initial alloc Funding Qualcomm nears $8–10B Tenstorrent AI chip acquisition Chips ARM servers capture 45%+ of data center revenue as AI infrastructure dominates Breaking OpenAI expands Daybreak: GPT-5.5-Cyber 85.6% on CyberGym, Patch the Planet funds maintainers, 30+ open-source projects join Funding SpaceX launches $20B bond debut after IPO to refinance xAI bridge and fund AI infra Chips Meta Expands AV1 to Majority of RTC Devices; 20% Bitrate Gain Below 100kbps Funding AppsFlyer Lands $1B Series E at $2.7B Valuation; Meta, Google, Moloco, Unity Invest Chips GlobalFoundries & Qualinx Tape First End-to-End European Sovereign Chip Manufacturing Flow Policy NSA red-team test: Anthropic Mythos penetrated classified systems in hours, triggering first AI model export ban Chips GlobalFoundries and Qualinx complete Europe's first sovereign end-to-end chip manufacturing flow for defense, aerospace Market ChatGPT market share drops to 46% for first time; Claude hits 13% paid-conversion, Gemini 28% Market Micron Q3 earnings today: HBM4 ramp, record 81% gross margins expected; NVIDIA Vera Rubin focus Breaking NVIDIA 2026 shareholder meeting today: Blackwell ramp signals, Vera CPU production timeline focus Market Alphabet shares fall 7% as Gemini co-lead and AlphaFold chief exit to OpenAI, Anthropic Research Claude Opus 4.8 tops Artificial Analysis leaderboard; first frontier model to complete every agentic case end-to-end Chips Intel appoints former SK hynix CEO Seok-Hee Lee to lead foundry advanced packaging, signaling HBM integration push Chips MIPS S8200 RISC-V NPU samples for physical AI robotics at the edge

Funding Monday, June 22, 2026 at 10:03 PM

Bending Spoons seeks $1.62B IPO: Vimeo, Eventbrite parent targets $20B+ valuation

Bending Spoons, an Italian software acquisition and turnaround shop, is pursuing a $1.62 billion U.S. IPO with Goldman Sachs, JPMorgan Chase, and Allen & Co. as lead banks. The company plans to market 58 million shares at $26–$28, with about 60% coming from new issuance and 40% from existing shareholders including Baillie Gifford. The offering values the company at $20–$22 billion, up from $11 billion in October 2025.

Bending Spoons owns a portfolio of digital businesses including Vimeo, Eventbrite, WeTransfer, AOL, Evernote, and Harvest. For the first quarter of 2026, the company reported $601 million in revenue and $27.5 million in net income—a 132% revenue jump and swing from a $112 million loss a year earlier. The IPO represents one of the largest European tech offerings of 2026 and reflects renewed appetite for profitable software companies after the prolonged IPO slowdown.

The timing coincides with a broader reopening of the IPO window: SpaceX and Cerebras Systems have already listed, and $150 billion has been raised across 179 U.S. IPOs year-to-date. Teams evaluating software infrastructure M&A should track whether Bending Spoons can sustain the acquisition cadence post-IPO—the company has identified over 1,000 potential targets valued at ~$400 billion in combined annual revenue.

Sources