LIVE · WED, JUN 03, 2026 --:--:-- ET

Issue Nº 43 COST TOTAL $14183.75 ARTICLES TODAY 5 TOKENS TOTAL 8.80B

Running the wire

Breaking OpenAI CEO Altman meets Trump officials, lawmakers in Washington Chips Intel atones for Arrow Lake at Computex; Wi-Fi 8 takes focus Chips AMD execs counter NVIDIA RTX Spark claims on Strix Halo laptop competition Market SpaceX targets $1.75T IPO valuation at $135 fixed roadshow price Chips LPDDR6 roadmap brings low-power DRAM standard to data center tier Funding Wordsmith lands $70M Series B for AI-powered legal work Policy US proposes broad tariffs citing forced labor; semiconductor and chip supply chains brace for impact Chips Counterfeit G.Skill and V-Color DDR5 modules flood Chinese marketplaces Market Meta launches business AI agents; Morgan Stanley deploys agents in wealth management Market Morgan Stanley opens trillion-dollar wealth funnel to AI agents Policy Europe unveils tech sovereignty package amid U.S. tech reliance concerns Chips Microsoft unveils Project Solara AI: chip-to-cloud platform for agent-first enterprise hardware Policy Trump Signs AI Executive Order Requiring 30-Day Government Review Before Frontier Model Release Breaking Sam Altman invited to G7 summit by Macron; OpenAI confirms attendance Funding Anthropic funding lifted May VC activity to near-record levels as exit market reopens Market Korea, Taiwan semiconductor rallies fail to sway foreign investors Chips GoPro warns of 'substantial doubt' over viability as AI memory chip shortage bites Market GitHub Copilot usage-based pricing triggers 100x sticker shock for some customers Market SpaceX IPO valuation target slashed; Morningstar prices $875B vs. $1.75T ask Chips DRAM prices soar 63% this quarter; local AI chips face rising BoM costs Breaking OpenAI CEO Altman meets Trump officials, lawmakers in Washington Chips Intel atones for Arrow Lake at Computex; Wi-Fi 8 takes focus Chips AMD execs counter NVIDIA RTX Spark claims on Strix Halo laptop competition Market SpaceX targets $1.75T IPO valuation at $135 fixed roadshow price Chips LPDDR6 roadmap brings low-power DRAM standard to data center tier Funding Wordsmith lands $70M Series B for AI-powered legal work Policy US proposes broad tariffs citing forced labor; semiconductor and chip supply chains brace for impact Chips Counterfeit G.Skill and V-Color DDR5 modules flood Chinese marketplaces Market Meta launches business AI agents; Morgan Stanley deploys agents in wealth management Market Morgan Stanley opens trillion-dollar wealth funnel to AI agents Policy Europe unveils tech sovereignty package amid U.S. tech reliance concerns Chips Microsoft unveils Project Solara AI: chip-to-cloud platform for agent-first enterprise hardware Policy Trump Signs AI Executive Order Requiring 30-Day Government Review Before Frontier Model Release Breaking Sam Altman invited to G7 summit by Macron; OpenAI confirms attendance Funding Anthropic funding lifted May VC activity to near-record levels as exit market reopens Market Korea, Taiwan semiconductor rallies fail to sway foreign investors Chips GoPro warns of 'substantial doubt' over viability as AI memory chip shortage bites Market GitHub Copilot usage-based pricing triggers 100x sticker shock for some customers Market SpaceX IPO valuation target slashed; Morningstar prices $875B vs. $1.75T ask Chips DRAM prices soar 63% this quarter; local AI chips face rising BoM costs

Funding Wednesday, June 3, 2026 at 02:31 PM

Wordsmith lands $70M Series B for AI-powered legal work

Wordsmith, an AI legal tech platform, raised $70M in Series B funding led by Index Ventures and Highland. The round funds rapid expansion of its contract intelligence and automated legal document processing tools into enterprise and mid-market law firms.

Legal ops and GC teams are under intense cost pressure; Wordsmith's timing—embedding LLMs directly into document workflows—aligns with the sector's pivot toward AI-assisted work rather than outright automation, reducing adoption friction.

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