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1.	SpaceX Is Awarded $4 billion Contract with U.S. Space Force By Jason Dean Source: The Information

The U.S. Space Force awarded a $4.16 billion contract to SpaceX as part of a program to deploy space-based sensors to track and target airborne threats.

The deal for the Space-Based Airborne Moving Target Indicator program, announced Friday, highlights the increasingly important government relationship with SpaceX, which is preparing for what’s expected to be the biggest initial public offering ever next month. The Elon Musk-headed company is the U.S. government’s primary launch provider.

Space Force said the new award is expected to lead to a constellation of satellites by 2028 that will provide “an early capability to eliminate operational blind spots.” It said it anticipates issuing multiple awards in the coming year to various vendors for the program.

The space-based tracking network is part of the Trump Administration’s planned $185 billion Golden Dome defense system, Bloomberg News reported.

2.	Softbank to Invest Up To 75 Billion Euros on AI Data Centers in France By Jason Dean Source: The Information

SoftBank Group announced a commitment to develop and operate five gigawatts of AI data center capacity in France, with an investment of up to 75 billion euros, or about $87.5 billion.

The commitment is SoftBank’s largest AI infrastructure investment to date in Europe, the company said on Saturday. SoftBank said its plans leverage strategic advantages for France including advanced grid infrastructure and industrial land availability.

SoftBank will work with SB Energy and other strategic partners to develop the projects, which will start with a 45 billion euro investment to deliver 3.1 gigawatts of data center capacity in the Hauts-de-France region.

SoftBank also will partner with Schneider Electric on a large-scale production cluster for AI infrastructure at the Port of Dunkirk.

3.	Anthropic Cuts List of Firms Unauthorized for Trading in Its Shares By Jason Dean Source: The Information

Anthropic reduced the list of secondary markets it says aren’t authorized to buy or sell its shares, scaling back guidance that had prompted confusion.

The company revised guidance on its website about unauthorized stock sales to list four explicitly barred platforms, half the number in an earlier update in May. Anthropic in both versions said any sale or transfer of its stock offered by the listed firms is void.

The earlier guidance prompted concern among some investors and a rebuttal from the CEO of Hiive, one of the platforms it named, who said his company only handles authorized trading, Bloomberg News reported. Hiive doesn’t appear on the new, shorter list. The CEO, Sim Desai, wrote on LinkedIn after the change that Anthropic’s earlier post had “caused needless confusion amongst the investment community and unfair damage to Hiive’s reputation.”

Anthropic’s latest version notes that it periodically updates the page and that “removing a firm does not mean Anthropic recognizes or approves any related investment vehicles.”

4.	Meta Plans an AI Pendant as Part of Ambitious Wearables Expansion By Jyoti Mann Source: The Information

Meta Platforms plans to start testing an AI pendant in the next year as part of an ambitious roadmap for wearable devices aimed at reversing the huge losses in its hardware division.

An internal memo describing the roadmap, reviewed by The Information, also lays out plans to significantly expand its selection of AI glasses and to add a business-focused service called “Wearables for Work.” The memo, from Alex Himel, Meta’s vice president of wearables, says the strategy is in part to drive more use of Meta’s AI models and products such as subscription versions of its apps and a consumer AI agent it is developing called Hatch.

The company is racing against tech rivals including OpenAI and Google to deploy new gadgets that they hope will propel use of their AI services.

5.	Nvidia Unveils New Chip for PCs By Qianer Liu Source: The Information

Nvidia unveiled a new chip for personal computers alongside Microsoft on Monday, a major step into the PC chip market long led by Intel, Advanced Micro Devices and Apple.

The new chip, called N1X, will power a new line of Windows computers starting this fall, Nvidia CEO Jensen Huang said during a keynote in Taipei. The N1X will sit inside Nvidia’s RTX Spark, a chip package that brings together a standard computer processor, an AI-focused graphics processor and shared memory in one system.

While Nvidia is expanding into the PC market, the company’s core data-centre business is still scaling fast. Huang said Vera Rubin, Nvidia’s next computing system for AI data centers, is now in full production, and the supply chain built for it is twice as large as the one for Grace Blackwell, the current flagship platform. His comments suggest that demand for AI computing continues to grow, even after the huge spending wave around Blackwell.

During his two-hour keynote speech, Huang also spent some time talking up Vera, Nvidia’s new central processing unit, the chip that acts as the traffic controller inside an AI server. Server CPUs from Intel and AMD are in short supply, and AI systems need more of them as workloads shift from training models to running agents.

Huang said Vera offers far more memory bandwidth, or data-moving capacity, than server CPUs from Intel and AMD. He also said demand is already building from early adopters including OpenAI, Anthropic and SpaceX.