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The Information:

SambaNova Executive Chairman Lip-Bu Tan says the AI chip startup is set to raise $800M to $1B, sources say at a ~$10B valuation, up from $2B in February

Reuters:

Qualcomm expects $15B in data center chip sales by 2029, raises its non-handset chip revenue forecast to $40B by 2029, up from $22B; QCOM jumps 13%+ after hours

Thomas Claburn / The Register:

Cloudflare partners with Google, Microsoft, and Mozilla on PACT, a protocol to distinguish legitimate human or bot traffic from undesirable network requests

Kif Leswing / CNBC:

Micron reports Q3 revenue up 346% YoY to $41.46B, vs. $35.84B est., gross margin above estimates, and forecasts Q4 revenue above est.; MU jumps 14%+ after hours

Maggie Eastland / Bloomberg:

In a letter to US officials, Anthropic accused Alibaba of adversarial distillation, accessing Claude 28.8M times from April to June via ~25K accounts

Financial Times:

Kalshi is in talks to raise a funding round at a ~$40B valuation that may close as soon as Q3; Kalshi raised $1B at a $22B valuation in May

Bobby Allyn / NPR:

Documents: Meta's planned prediction markets app will use Meta AI models to generate questions from trending topics, make recommendations, and resolve markets

Bloomberg:

Google AI researchers Jonas Adler and Alexander Pritzel, both viewed internally as key contributors to Gemini, are planning to leave for Anthropic

Mateo Quiros / The Keyword:

Google says computer use is now a built-in tool supported in Gemini 3.5 Flash, available via the Gemini API and Gemini Enterprise Agent Platform

Reuters:

Binance says it will make a fresh push for permission to operate in the EU after its MiCA license application in Greece failed ahead of the June 30 deadline

Lily Mae Lazarus / Fortune:

Runlayer, which provides an infrastructure and control layer for enterprise AI agents, raised a $30M Series A led by Felicis, bringing its total funding to $42M

Jeremy Kahn / Fortune:

Seltz, which is building a web search engine that can be used by AI agents, raised a $12.5M seed led by Speedinvest and B Capital

Thomas Claburn / The Register:

Nature publishes a peer-reviewed paper alleging that Microsoft's 2025 quantum breakthrough claims were based on "basic Python errors" and data cherry-picking

Hugo Lowell / Wired:

The Trump administration has been happier talking to Anthropic lately after Dario Amodei was replaced by cofounder Tom Brown in meetings about Fable 5

Katherine Doherty / Bloomberg:

Ornn, which plans to launch a marketplace for GPU capacity designed to function like an exchange to trade oil contracts, raised a $33M seed led by a16z

Mary Ann Azevedo / Crunchbase News:

XCures, which uses AI to streamline patient data and medical records, raised a $46M Series B at a $127M post-money valuation, bringing its total funding to $76M

Stephanie Palazzolo / The Information:

RunPod, which rents access to non-Nvidia servers, raised $100M led by Summit Partners at a $1B valuation, a source says up from $100M after its seed in 2024

Camila Grigera Naón / Fortune:

NYC-based Taktile, which helps fintechs build automated decision-making workflows, raised a $110M Series C led by Goldman Sachs, and plans a São Paulo office

Lorelei Smillie / Bloomberg:

Microsoft's Digital Crimes Unit says AI helped it link two separate hacking tools, Amadey and StealC, and file a single civil lawsuit to help take them down

Eduardo Baptista / Reuters:

Chinese cybersecurity company 360 unveils new AI tools: Tulongfeng, which it claims is "China's version of Mythos", and Yitianzhen, to automate cyber defense

OpenAI:

OpenAI and Broadcom unveil Jalapeño, an LLM-optimized inference chip developed from design to manufacturing tape-out in nine months, aided by OpenAI's models

Chris Welch / Bloomberg:

Google Home Speaker review: the $100 speaker, the company's first such device in six years, works for Gemini power users but has underwhelming music playback

Sankalp Phartiyal / Bloomberg:

Amazon plans to expand Amazon Now to 300+ Indian cities and towns, up from 100 at present, as CEO Andy Jassy visits India; a source says he is set to meet Modi

Tom Phillips / IGN:

Rockstar says physical GTA 6 copies will contain a download code, not a disc; physical copies will be available from November 12, before the November 19 launch

Samantha Kelly / Bloomberg:

The US FDA drops an enforcement complaint against Whoop over its blood pressure tracking tool, reversing a July 2025 warning letter; Whoop is modifying the tool

Kevin Schaul / Washington Post:

An analysis of GPT-5.5, Gemini 3.1 Pro, Grok 4.3, Gab's Arya, and other AI models: most chatbots frequently provide left-leaning responses to political prompts

New York Times:

How Taiwan's Hsinchu Science Park, home to TSMC, became especially wealthy; one neighborhood reported 2023 average household incomes of $146K+, ~5x the average

Jeanne Whalen / Wall Street Journal:

How Chicago is betting on quantum computing, including turning the site of its former US Steel mill into a campus, after largely missing the digital revolution

Casey Newton / Platformer:

Q&A with AWS CEO Matt Garman on the parallels between early AWS and AI, Quick, AI coding, Amazon's $200B capex in 2026, entry-level jobs changing, and more

Lauren Thomas / Wall Street Journal:

Humanoid robot maker Agility plans to go public via a merger with Michael Klein's SPAC, in a deal valuing Agility at ~$2.5B, listing under ticker symbol AGLT

Bloomberg:

SK Hynix says it is seeking to raise ~$29.4B in a US listing, expects trading to start on July 10, and intends to use the funds for building additional capacity

Daniel Thomas / Financial Times:

An interview with Bob Iger on stepping down as Disney's CEO, his legacy, new CEO Josh D'Amaro, Bob Chapek, Apple, Disney+, acquiring Pixar, AI tools, and more

Moneycontrol:

India drives 50%+ of WhatsApp's global revenue, or $1B+ annually, largely via business messaging, which likely helped Kunal Shah get WhatsApp's top job

David Cendon Garcia / EU-Startups:

London-based Isometric, which develops AI agents that work with human verifiers to automate industrial certification, raised a €34M Series A led by AVP

Carl Franzen / VentureBeat:

AI creative tools startup Krea, which has raised $83M and claims to have 30M users, releases the open weights for its image model Krea 2 under a custom license

Dong Cao / Bloomberg:

Zhipu is considering a multibillion-dollar Hong Kong share sale after its stock surged 2,000% since its January IPO, pushing its market cap above $128B

Jagmeet Singh / TechCrunch:

Customer engagement service MoEngage acquires Aampe, whose AI agents help brands personalize messaging, for "tens of millions", per a source; Aampe raised ~$28M

Eleanor Olcott / Financial Times:

Prices for Nvidia's AI chips on China's black market have more than doubled amid a US export crackdown; its flagship DGX B300 server has risen to $1.1M

Jagmeet Singh / TechCrunch:

Flipkart says it plans to expand its network of micro-fulfillment centers in India to 1,500 by the end of 2026, as it also claims orders have grown ~400% YoY

Geoff Weiss / Business Insider:

Superhuman acquires AI detection startup GPTZero, which has 19M+ registered users and $30M in annual recurring revenue; PitchBook: GPTZero is valued at $88M+

Ben Kamisar / NBC News:

Alex Bores, a NY congressional candidate who argued for AI safeguards, lost to Micah Lasher in the Democratic primary, which drew millions in AI PAC spending

New York Times:

The NSA was red-teaming Mythos 5 before losing access amid the Anthropic dispute; the tests showed Mythos identified flaws in classified systems

Maria Deutscher / SiliconANGLE:

Orderful, which offers AI-powered tools to automate supply chain data management, raised a $35M Series C led by KDT, bringing its total funding to $85M

The Information:

XLight, a startup developing advanced lasers for EUV machines, told investors that it is in talks to raise $350M led by Boardman Bay and Bain Capital

Britney Nguyen / MarketWatch:

Micron and Sandisk led a tech selloff on Tuesday, falling more than 13%; Western Digital fell 8%, Marvell 9%, Seagate 5%, Qualcomm 8%, and Applied Materials 8%

Hillel Aron / Courthouse News Service:

YouTube settles a lawsuit ahead of a second California trial over social media harms to minors; Meta, TikTok, and Snap remain defendants

New York Times:

The Trump administration is pressing Meta to submit its AI models for voluntary review; Meta is the only major US AI developer without an agreement

Jordan Novet / CNBC:

Cerebras reports Q1 revenue up 94% YoY to $193.4M, net loss down 41% to $14M, and forecasts core gross margin to shrink in Q2; CBRS drops 8%+ after hours

Mistral AI Blog:

Mistral debuts OCR 4, a model featuring structured document extraction with bounding boxes, block classification, and inline confidence scores, in 170 languages

Bloomberg:

Hadrian, which is building AI-powered factories to produce space and defense parts, is in talks to raise ~$1B at a ~$7.5B post-money valuation

Bloomberg:

Miami-based cybersecurity company Varonis is exploring options including a potential sale after receiving takeover interest; VRNS jumps 6%+

David Shepardson / Reuters:

The FCC says an auction of wireless mid-band spectrum raised $3.5B+, which will largely be used to fund the replacement of Chinese telecom equipment in the US

Sarah Nassauer / Wall Street Journal:

Walmart acquires Vibe.co, which lets businesses create and buy ads on CTVs, sources say for $1.4B cash; top executives get $180M to stay for four years

Bloomberg:

Alibaba sues the DOD, seeking removal from a blacklist of companies supporting China's military, says the decision is a violation of constitutional due process

Brian Krebs / Krebs on Security:

On the first day of their trial, two members of Scattered Spider plead guilty in the UK to charges stemming from a 2024 cyberattack on Transport for London

David Gewirtz / ZDNET:

Anthropic launches Claude Tag, an agentic AI coworker for Slack that can learn context, give suggestions, and more, in beta for Claude Team and Enterprise tiers

New York Times:

Meta is building a standalone prediction markets app called Arena, which would probably rely on video game-like points instead of money wagers

Bloomberg:

SpaceX raised $25B in its debut US bond sale; sources: the offering drew nearly $90B of orders at its peak, falling to $73B by the time the deal priced

Financial Times:

Stark, which has a deal to supply "kamikaze" drones to the German military, raised €500M from Founders Fund, Sequoia, others; it faced criticism over Thiel ties

Zack Whittaker / TechCrunch:

LastPass notifies customers that their personal information and customer support case records were stolen during a hack at Canadian market research company Klue

Duncan Riley / SiliconANGLE:

Beehiiv adds Cloudflare AI Crawl Control to writers' dashboards, allowing them to decide whether AI crawlers can scrape their work

Brian Steinberg / Variety:

Walmart acquires Paris-based Vibe.co, which lets businesses create and run targeted ads on streaming services; Vibe.co's co-founders will join Walmart Connect

Jan Wolfe / Reuters:

SCOTUS ends a suit alleging Cisco aided China's Falun Gong persecution, further limiting a law used to hold corporations liable for overseas human rights abuses

Margaux Nijkerk / CoinDesk:

The Ethereum Foundation cuts ~20% of its workforce, or 54 staff, as part of a broad restructuring amid leadership turnover and growing Ethereum fragmentation

Dinesh Nair / Bloomberg:

Abu Dhabi's MGX has raised close to $50B from regional sovereign wealth funds, global pension funds, and others to accelerate spending on AI deals

Natasha Mascarenhas / Bloomberg:

Menlo raised $3B for funds dedicated to backing AI startups, its largest fundraising to date; sources say Menlo's Anthropic stake is currently worth nearly $14B

Julian Chokkattu / Wired:

Meta's Starfire glasses with Kylie Jenner include a tiny gemstone on the lens, a metal nose pad to prevent absorbing makeup, and an AI version of Kylie's voice

Ben Weiss / Fortune:

New York-based crypto analytics startup Allium raised a $40M Series B led by Amplify Partners, with participation from Kleiner Perkins and others

Toby Sterling / Reuters:

The Netherlands joins the US-led Pax Silica initiative alongside South Korea and Japan to coordinate AI supply chains; Taiwan endorses it as a non-signatory

Juro Osawa / The Information:

ByteDance unveils Seedance 2.5, saying the AI video model can generate up to 30-second clips from up to 50 reference materials, up from 12 for Seedance 2.0

Guinevere Grant / Bloomberg:

Google plans a 12-week incubator, picking 10 to 20 AI startups from its "Xoogler" alumni and providing up to $350K in cloud credits and $100K in direct funding

Wall Street Journal:

How Sam Altman's 80+ personal investments, many from his time running YC, benefit from ties to OpenAI; 10+ companies have discussed business deals with OpenAI

Don Clark / New York Times:

Top500: China's Arm-based LineShine passes the US' El Capitan by 20%+ as the world's fastest supercomputer, the first time China has taken the crown since 2017

Brendan Murray / Bloomberg:

The EU will apply a €3 duty on items under €150 from July 1, as the bloc seeks to slow the flood of low-priced merchandise from retailers like Shein and Temu

Cristina Criddle / Financial Times:

Q&A with Nvidia VP of Healthcare Kimberly Powell on how AI can ease doctors' workloads, address trained medical staff shortages, improve patient care, and more

Bloomberg:

Tencent is negotiating exits from minority investments in game studios in Japan, such as Tokyo-traded Marvelous, as it reassesses its global portfolio

Chris Gillett / Works in Progress Magazine:

How the data center boom is exposing weaknesses in US power grids, and a look at what fixes the electricity infrastructure may need to become fit for the future

Evelyn Cheng / CNBC:

Syntun: online sales during China's 618 shopping festival grew 4% YoY, a drop from 15.2% growth in 2025, amid China's persistent consumer spending slowdown

Patrick Temple-West / Financial Times:

Eli Lilly plans to use its $7.3B cash reserve to fund an "App Store" for biotech scientists after launching a data center with 1,016 Blackwell chips in 2025

Financial Times:

OpenAI debuts at Cannes Lions, pitching its new ChatGPT ad business and Codex to marketers, as it tries to build a multibillion-dollar business ahead of its IPO

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