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Friday, June 12, 2026

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June 12, 2026 marks a historic day for tech and business. SpaceX begins trading as the largest IPO ever, Anthropic files to go public at near-trillion valuation, and Apple closes WWDC with AI-powered developer tools that route to competing AI providers. Meanwhile, the MENA startup ecosystem sees a surge of post-Eid dealmaking, and the AI infrastructure race enters debt markets with Alphabet's $80B commitment and Morgan Stanley's $570B forecast.

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SpaceX makes Nasdaq debut in the largest IPO ever, Anthropic files to go public at near-trillion valuation, and MENA's startup ecosystem surges with post-Eid dealmaking.

Business AI Tools Recap

SpaceX Debuts on Nasdaq as SPCX in Largest IPO in History

SpaceX priced at $135 per share and began trading on Nasdaq under ticker SPCX, raising $75 billion at a $1.77 trillion valuation — the largest IPO ever. MSCI confirmed early index inclusion starting June 13.

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Business CNBC

Anthropic Files for IPO at $965 Billion Valuation

Anthropic confidentially filed its S-1 with the SEC on June 1, becoming the first major AI lab to pursue a public listing. The company hit $47B annualized revenue and is targeting an October 2026 listing.

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DevTools AI Tools Recap

WWDC 2026 Closes With Xcode 27 Dual-Engine AI Coding Agent

Apple's WWDC 2026 closes with Xcode 27 shipping a dual-engine AI coding agent that routes to Claude, Gemini, or OpenAI. Apple Foundation Models are now free for smaller developers. SiriKit was formally deprecated.

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Security Hoplon Infosec

HTTP/2 Bomb DoS Vulnerability Threatens Major Web Servers

Security researchers disclosed an HTTP/2 Bomb DoS technique affecting NGINX, Apache HTTPD, Microsoft IIS, Envoy, and Cloudflare Pingora. The attack combines header compression abuse with Slowloris-style connection holding.

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MENA Arab News

MENA Startup Ecosystem Surges: du Ventures $50M Fund, CargoX $250M, PIF-TMG Partnership

Post-Eid dealmaking heats up across MENA: UAE's du launched a $50M venture fund, CargoX raised $250M for autonomous logistics, Anara Impact closed its debut fund at $48M, and Saudi PIF signed an MoU with Egypt's TMG for mixed-use developments.

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AI TechStartups

Alphabet Commits $80 Billion to AI Infrastructure as Debt Markets Surge

Alphabet announced plans to raise $80 billion for AI infrastructure expansion, while Morgan Stanley forecasts global AI-related debt issuance could hit $570 billion in 2026 — more than double the previous year.

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