LabLab is bringing AI Hacks to Web3.
We are the largest global hackathon platform with over 250k+ builders, and foundational partnerships with @Google, @nvidia, @Meta and many more.
We’ve proven our tracks; partnering with @circle to co-launch @arc, shipping 4k +new apps in two
The rest of the week, fast:
Trump signed an AI exec order - agencies get 60 days to deploy cybersecurity AI. No mandatory licensing. Builders breathe easy.
Every US federal agency now has Grok 4. The contract: $0.42 per agency.
Supabase raised $500M at $10.5B
BYD is building
ChatGPT: 1 billion monthly active users.
Google Search took a decade to get there. ChatGPT did it in four years.
Meanwhile the Claude app has 56M users - and is growing at 640% year over year.
Oh, and NVIDIA just put 1 petaflop of AI compute inside a laptop.
Local AI is now a
For years Microsoft was OpenAI's biggest backer.
Billions invested. Azure built around it.
Then at Build 2026, Satya walked on stage and showed MAI - a full family of AI models built entirely in-house. No OpenAI DNA.
Already 10x cheaper than GPT-5.5 at McKinsey.
They didn't
Anthropic spent years being the careful ones.
The researchers. The safety papers. The "responsible AI" company.
Then on June 1 they filed a confidential S-1.
$965B valuation. $47B annualized revenue. SpaceX IPOs June 12. OpenAI is warming up.
Three of the biggest private
The week AI stopped being a private sport.
An IPO at nearly $1 trillion. Microsoft going rogue. ChatGPT hitting a billion users.
This one was big. Full thread below.
Full story → lablab.ai/ai-articles/th….
Most hackathons: show up, pick a track, build whatever.
ExecuTorch Hackathon:
→ selected by proposal only
→ 30 teams, no more
→ on-site SF, no hybrid
→ Snapdragon hardware in your hands
→ the engineers who built the platform next to you
If you're serious about edge
Win ExecuTorch Hackathon and walk away with:
Meta Quest 3 for every team member Ray-Ban Meta AI Glasses (Team's Choice) Copilot Pro+ + GitHub for Startups credits
30 teams. Selected by proposal. On-site SF only.
Not first come, first served - best ideas get the invite.
Submit
You get a Samsung Galaxy S25 Ultra.
You get @Qualcomm_Dev + @Meta engineers in the room.
You get 48 hours to run @PyTorch models locally on it.
No cloud. No server. Real-time, privacy-first edge AI.
30 teams. 2 days. No internet.
Build AI that works when the wifi is off.
ExecuTorch Hackathon → San Francisco, June 27-28
Apply by June 15: lablab.ai/ai-hackathons/….
Six competed solo. All seven won.
None of them waited for the product to be perfect. They showed up, built under pressure, and proved the idea in public.
That is what this community is made of.
Read the full story: lablab.ai/ai-articles/la….