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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

GOOGLE PUSHES AI-GENERATED ADS FURTHER INTO SEARCH RESULTS

Google has started testing several new ad formats in both standard search and in AI Mode. AI-generated ads for brands and products will now appear below the responses to some prompts in AI Mode. Ads with direct offers for discounted products will be displayed in standard search results. The ads will not appear in Gemini for now. Google will protect the ads against AI hallucinations with strong guardrails.

CURSOR HITS $3 BILLION ANNUAL SALES RATE AHEAD OF SPACEX DEAL

Cursor's annualized revenue hit $3 billion in late April. The company now has more than 3,000 customers paying at least $100,000 each for its software on an annualized basis. The business has become one of the fastest-growing startups of all time. SpaceX has the right to buy Cursor for $60 billion during a 30-day window that starts soon after it begins trading publicly. SpaceX is expected to list its shares on June 12.

THE PULSE: FORWARD-DEPLOYED ENGINEERING HEATS UP AGAIN

Demand for Forward Deployed Engineers (FDEs) is growing at major firms, but while Google hires them internally, OpenAI and Anthropic are creating separate deployment entities, meaning those FDEs might not share in the AI labs' core upside. The role itself now acts more like a solutions architect, focused largely on integration and client management, which appeals strongly to new graduates but less so to experienced developers preferring product building over consulting work.

THE FIGMA DESIGN AGENT IS HERE

Figma launched a native design agent that lives directly on the canvas, giving teams deep access to their components, tokens, and design system without switching tools. It supports parallel prompting, bulk edits, and feedback processing — handling repetitive tasks while keeping designers in control of the craft. Currently rolling out in beta at no credit cost, it will be available to Full seat users on Professional, Organization, and Enterprise plans upon general availability.

SPACEX POSTPONES LAUNCH OF NEWLY REDESIGNED STARSHIP

Starship's launch has been delayed due to a malfunctioning part in the launch tower. SpaceX may try launching again today if the problem is fixed in time. The postponed test mission will deploy 20 Starlink simulators and stress-test tiles designed to protect the craft as it re-enters the Earth's atmosphere. The new investigation of Starship is designed to carry 100 metric tons to low-Earth orbit - the company's workhorse Falcon 9 vehicle can carry roughly 23 metric tons.

EXPERIMENTAL DRUG YIELDS DRAMATIC WEIGHT LOSS

Retatrutide, an experimental shot by drugmaker Eli Lilly, was so powerful in human trials that participants stopped taking it because they thought they were losing too much weight. The results for some of the heaviest patients were on par with those seen with gastric bypass surgery. There are some side effects at higher doses, such as gastrointestinal side effects so unpleasant that some patients stop taking it. Eli Lilly has not yet applied for regulatory approval.

WHAT'S NEW IN WEB EXTENSIONS: I/O 2026 RECAP

AI is making extension development more approachable than ever. Google is expanding developer registration to over 120 additional countries this year. The Chrome team is dedicated to elevating the extension developer experience and has expanded store permissions, modernized platform APIs, and introduced AI-integrated tooling to remove friction from workflows. This post details some of the biggest new features the team has introduced.

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