| Berber Jin / Wall Street Journal: |
Sources: OpenAI and Microsoft talks have become so fraught that OpenAI executives discussed accusing Microsoft of anticompetitive behavior before US regulators — The startup, growing frustrated with its partner, has discussed making antitrust complaints to regulators| The Information: |
Sources: OpenAI wants Microsoft to take a ~33% stake in exchange for foregoing future profit rights, and seeks to modify its exclusive cloud deal with Microsoft — Negotiations between Microsoft and OpenAI over the startup's plan to restructure its for-profit unit, which requires Microsoft's approval … | Nieman Lab: |
Reuters 2025 Digital News Report: in a first, Americans' top news source is social media, at 54%, overtaking TV, at 50%, and news websites and apps, at 48% — Plus: The pivot to video is really happening, digital subscriptions may have peaked, and other findings from RISJ's 2025 Digital News Report.| John Koblin / New York Times: |
Nielsen: in May, Americans watched more TV on streaming than on cable and broadcast networks combined, the first time streaming was king of TV over a full month — In May, more Americans watched television on streaming than on cable and network television combined, Nielsen said.| Mike Rogoway / Oregonian: |
Memo: Intel's manufacturing VP says Intel plans to cut 15%-20% of factory staff from July “to meet our affordability challenges and current financial position” — Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker's core businesses.| Cameron Faulkner / The Verge: |
Amazon plans to hold Prime Day 2025 from July 8 at 12:01am PT through July 11, lasting four days instead of the usual two and exclusive to Prime subscribers — Prime members will have even longer than usual to score some of the year's best tech deals.| Jordan Novet / CNBC: |
The US Defense Department awards OpenAI a one-year $200M contract to develop prototype AI tools that address challenges in “warfighting and enterprise domains” — OpenAI has been awarded a $200 million contract to provide the U.S. Defense Department with artificial intelligence tools.| Mark Mwachiro / Adweek: |
At Cannes, Meta adds AI tools to its Advantage+ suite for advertisers and agencies, including turning images into videos, video highlights, and Virtual Try-On — The new features include the ability to transform still images into video. — With the advertising world congregating this week … | Financial Times: |
German defense tech startup Helsing raised €600M led by Daniel Ek's Prima Materia, sources say at a ~€12B valuation, bringing its total funding to €1.37B — Defence start-up valued at €12bn to become one of Europe's most valuable tech groups| Bloomberg: |
Sources: Elon Musk's xAI is in talks to raise $4.3B via an equity investment on top of the $5B it has recently been trying to borrow from debt investors — Elon Musk's artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the $5 billion … | Bloomberg: |
Shanghai-based MiniMax open sources MiniMax-M1, a model for complicated productivity tasks that supports 1M input tokens and it says beats DeepSeek's R1-0528 — Chinese AI upstart MiniMax released a new large language model, joining a slew of domestic peers inspired to surpass DeepSeek in the field of reasoning AI.| Rohan Paul / @rohanpaul_ai: |
| Katie Notopoulos / Business Insider: |
The Meta AI app now shows a pop-up warning before users share to the public Discover feed, after reports showed accidentally shared chats with personal info — - Business Insider found that the Meta AI app's public feed was full of personal information that looked to be accidentally published.| Jess Weatherbed / The Verge: |
Adobe releases iOS and Android apps for Firefly, letting users generate images and videos using text prompts and experiment with popular AI photo editing tools — The iPhone and Android Firefly app can sync AI image and video projects to desktops via Creative Cloud.| Katie Roof / Bloomberg: |
Self-driving simulation software maker Applied Intuition raised $600M co-led by BlackRock and Kleiner Perkins at a $15B valuation, up from $6B in March 2024 — The company raised $600 million from investors as it prepares for an eventual IPO. … The financing, which the company plans to announce Tuesday …
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| Natalie Lung / Bloomberg: |
| Alex Weprin / The Hollywood Reporter: |
| Katie Roof / Bloomberg: |
| Sergiu Gatlan / BleepingComputer: |
| New York Times: |
| Todd Spangler / Variety: |