Federal lawmakers dropped a bipartisan draft to lock down national AI rules and block state-level regulation just before midterms, while Microsoft used Build to launch its own model family and push for stack independence. Heavy funding rounds hit Supabase, DeepSeek, and robotics play Generalist AI, and states kept moving on narrow bans and oversight bills.
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House unveils AI draft that would preempt state laws — A bipartisan pair of U.S. House lawmakers released draft legislation that would prohibit states from regulating AI development and create a national framework. It represents Republicans’ last realistic shot at federal rules before midterms. Sources: https://www.politico.com/news/2026/06/04/obernolte-trahan-ai-bill-lands-on-the-hill-00949920 and https://thehill.com/policy/technology/5909898-national-ai-framework-draft/
Microsoft Launches MAI Family of AI Models at Build 2026 — Microsoft unveiled seven in-house models at Build, led by MAI-Thinking-1, a 35B-parameter reasoning model with 128K context that beats Claude Sonnet 4.6 in blind tests and claims 10x cost savings over GPT-5-5. The move signals an explicit attempt to fork the AI stack, reduce OpenAI reliance, and ship an Agent OS plus native Windows coreutils. Source: https://www.indexbox.io/blog/microsoft-unveils-seven-in-house-ai-models-at-build-2026-reducing-reliance-on-openai/
Vibe-coding phenomenon lifts AI startup Supabase to $10.5 billion valuation — Supabase raised $500 million in a round that values the database startup at $10.5 billion. The valuation reflects rapid adoption of AI-assisted development workflows. Source: https://www.cnbc.com/2026/06/04/database-startup-supabase-raises-500-million-10point5-billion-valuation.html
DeepSeek Close to Sealing $7 Billion Funding in Historic AI Deal — DeepSeek is finalizing a roughly 50 billion yuan ($7.4 billion) round from investors including Tencent and its own founder, one of China’s largest startup financings. The deal underscores domestic AI infrastructure momentum. Source: https://www.bl<|eos|>