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Tech Policy

Trump's AI export strategy runs into Trump's export controls

Markets

Axios Markets

SpaceX soars above Amazon in market cap

A bar chart that ranks the largest U.S. companies by market capitalization as of June 16, 2026. Nvidia leads at about $5.07 trillion, followed by Alphabet at $4.50 trillion and Apple at $4.38 trillion. Micron is smallest among those shown at about $1.18 trillion.

Largest U.S. companies by market capitalization 

Data: FactSet ; Chart: Matt Phillips/Axios

Axios AI+

Microsoft weighs DeepSeek for Copilot Cowork

Media Trends

Axios Media Trends

Ad market reaches its highest share of GDP

A line chart that shows global advertising revenue as a share of nominal GDP from 2000 to 2030, with 2026-30 projected. The share fell from 0.94% in 2000 to a low of 0.55% in 2011-12, then rose to 0.98% in 2025 and a projected 1.1% in 2030.

Global advertising revenue as a share of nominal GDP

Data: WPP Media; Chart: Sara Fischer/Axios

Pro Rata

Axios Pro Rata

SpaceX will buy Cursor for $60 billion

Anthropic export ban sounds alarms for AI industry

Axios AM

Microsoft's Brad Smith on AI-era jobs: "Let's not panic"

Microsoft’s president says AI leaders overestimated the jobs apocalypse

The hidden risk of Trump's Anthropic crackdown

U.K. the latest country to move toward social media ban for kids

A world map showing countries with restrictions on social media use for children aged 16 and younger as of June 2026. Countries with total or partial bans are marked in magenta, including Brazil, Australia and Indonesia, while countries with proposed bans, Canada and much of Europe, are highlighted in teal. China has bans, as well as limits on all screen time.

Countries with restrictions on social media use for children 16 and younger

Data: Axios research; Map: Danielle Alberti/Axios

"They screwed us": Personality clashes sent Anthropic's models offline

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From the Valley to D.C., Big Tech players like Facebook, Google and Amazon are under more scrutiny than ever as new technology develops and privacy and antitrust concerns grow in lockstep with companies’ ambitions.

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