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Jun 10, 2026
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Supported by
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Happy Wednesday! SpaceX's Starlink faces regulatory approval delay in India over Iran war. Broadcom secures financing from Apollo and Blackstone for projects tied to Anthropic, OpenAI. Kalshi asks some customers information of their employers.
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SpaceX’s Starlink is hitting new roadblocks with regulators India over concerns about how its satellite internet service has been used in the Iran war, Bloomberg reported on Tuesday. Iranian regulators have not approved Starlink, but the U.S. has smuggled thousands of terminals into the country, where SpaceX offers internet service despite not having permission to operate, the Wall Street Journal reported in February. Such reports have stoked concern among Indian regulators, who are worried about communications in the country being controlled by a U.S. company amid geopolitical tensions, Bloomberg reported citing people familiar with the country’s security agencies. The U.S. military has also used SpaceX services in its operations against Iran. Starlink, which is SpaceX’s biggest and most profitable business, has been trying to launch Starlink in India since 2021. SpaceX announced partnerships with two local telecom firms, Reliance’s Jio and Airtel, over a year ago, but still has yet to launch in the country. As the world’s most populous country with relatively underdeveloped internet infrastructure, India is a huge potential market for Starlink.
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Broadcom said Tuesday that it is launching a new fund—backed by Apollo and Blackstone—to help finance more than 20 gigawatts of AI data centers through 2028 using chips designed by Broadcom, including projects tied to Anthropic and OpenAI. Apollo will lead an initial $35 billion commitment to launch the fund, alongside participation from Blackstone. Broadcom said the financing will support its previously disclosed agreement to supply roughly 1 gigawatt of AI chips to Anthropic. The financing is expected to help fund Anthropic’s purchases of Google’s tensor processing units, or TPUs, which are slated to be deployed at data centers operated by partner Fluidstack. Bloomberg previously reported details of the $35 billion financing package tied to Anthropic. Broadcom did not disclose what projects it expects the fund will finance for OpenAI. However, The Information previously reported that Broadcom and OpenAI have been negotiating a potential vendor-financing package worth as much as $18 billion tied to OpenAI’s first custom AI chip, code-named Jalapeño.
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Prediction markets platform Kalshi is asking customers in some wagers to provide the name of their employer, industry and job function before making bets, to help the company crack down on potential insider trading. “For markets with heightened insider or manipulation risk, we now collect employment information before traders can participate,” the company said in a blog post. The information will help Kalshi weed out presumptive insiders before trades are placed, the company said. Kalshi and rival Polymarket were recently called before Congress as part of a probe into how the startups are handling insider trading on the platforms, among other issues. Federal prosecutors recently charged a Google employee with using confidential information to win $1.2 million betting on Polymarket, after earlier charging a U.S. special forces soldier with using classified information to place bets on the ouster of Venezuelan leader Nicolas Maduro.
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