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AI IPO Race Heats Up, DOGE Whistleblower Sues Musk, Instagram Hacked

Originally published on: June 4, 2026
▼ Summary

– The race among top AI companies to go public is causing bizarre effects, including San Francisco real estate listings accepting Anthropic stock instead of cash.
– Donald Trump’s new executive order on AI safety is described as underwhelming.
– Hackers used Instagram’s AI chatbot to access high-profile accounts, including President Barack Obama’s.
– A DOGE whistleblower is suing Elon Musk for defamation after Musk publicly called him a liar, leading to threats against the whistleblower’s life.
– The podcast episode covers these topics and invites listener questions on tech, privacy, or politics.

The race among leading artificial intelligence firms to go public has officially kicked off, and the early effects are already turning heads in unexpected ways. In San Francisco, some real estate listings now prefer Anthropic stock over traditional cash payments, signaling just how feverish the demand for AI equity has become. Meanwhile, Donald Trump’s new executive order on AI safety has drawn criticism for being too timid, failing to address the rapid pace of development in the sector. On the security front, hackers managed to exploit Instagram’s AI chatbot to compromise high-profile accounts, including that of former President Barack Obama. And in a separate legal battle, a DOGE whistleblower is suing Elon Musk for defamation after the billionaire publicly branded him a liar, an accusation the whistleblower says put his life in immediate danger.

This week’s episode of Uncanny Valley breaks down these developments. The AI IPO frenzy is only accelerating, with companies like Anthropic and OpenAI at the center of a valuation bubble that has real estate agents in the Bay Area embracing stock as a form of payment. The new executive order on AI safety, signed by Trump, is widely seen as underwhelming, offering little in the way of concrete regulation or oversight. Meanwhile, the Instagram hack exposed vulnerabilities in the platform’s AI-powered chatbot, raising serious questions about account security for high-profile users. On the legal front, the DOGE whistleblower alleges that Musk’s public statements led to threats against his life, and he is now seeking damages in court.

You can follow the hosts on Bluesky: Brian Barrett at @brbarrett, Zoë Schiffer at @zoeschiffer, and Leah Feiger at @leahfeiger. Send your tech, privacy, or political questions to [email protected]. To listen to the full episode, use the audio player on this page, or subscribe for free on Apple Podcasts, Overcast, Pocket Casts, or Spotify. The transcript below is automated and may contain errors.

(Source: Wired)

Topics

ai ipos 95% cybersecurity threats 92% real estate innovation 90% ai safety policy 88% economic shifts 87% whistleblower cases 85% defamation lawsuits 83% public safety risks 82% social media abuse 80% political influence 78%