| Financial Times: |
Sources: lobbyists for Amazon, Google, Microsoft, and Meta back a campaign for a 10-year US state AI regulation ban, a move dividing the AI industry and the GOP — Call by Amazon, Google and Microsoft lobbyists for a ‘moratorium’ has split industry and the Republican party| Hayden Field / The Verge: |
A look at California's 52-page California Report on Frontier Policy, which proposes an AI regulatory framework based on transparency, risk assessments, and more — A long-awaited report says companies are “simply inadequate at fully understanding” risks and harms.| John Voorhees / MacStories: |
Hands-on with Apple's new Speech framework components in the macOS Tahoe beta: the APIs deliver transcription speeds significantly faster than OpenAI's Whisper — Late last Tuesday night, after watching F1: The Movie at the Steve Jobs Theater, I was driving back from dropping Federico off at his hotel when I got a text:| Maxwell Zeff / TechCrunch: |
On a podcast, Sam Altman said Meta made “giant offers to a lot of people on our team ... like, $100M signing bonuses”, and “none of our best people” accepted — Meta CEO Mark Zuckerberg has been on something of a hiring spree lately, trying to staff up Meta's … | Alex Weprin / The Hollywood Reporter: |
At Cannes, YouTube CEO Neal Mohan says YouTube will integrate Veo 3 into Shorts later this summer and that AI tech “will push the limits of human creativity” — The Veo 3 video generator is capable of creating both videos and sound based on text prompts, with YouTube CEO Neal Mohan saying the … | Matt Kapko / CyberScoop: |
A cyberattack claimed by pro-Israel hacktivist group Predatory Sparrow has reportedly disrupted services at Iran's state-owned Bank Sepah, including its website — The attack introduces a clear cyber element with immediate consequences for the country's critical infrastructure amid a growing conflict between Israel and Iran.| Kevin Collier / NBC News: |
| CNN: |
President Trump plans to sign an executive order this week to grant TikTok a 90-day extension in enforcement of the sale-or-ban law, marking his third extension — New York CNN — — TikTok just got another lifeline from the White House, with President Donald Trump set to delay enforcement … | Vanessa Hand Orellana / CNET: |
An interview with Samsung SVP Dr. Hon Pak on the Galaxy Watch getting a first-ever blood analysis feature, AI health tools, and a potential monthly subscription — With a first-ever blood analysis feature and four new AI-powered health tools, the Galaxy Watch is shaping up to be a smarter ally … | Wall Street Journal: |
A look at the Catholic Church's decadelong dialogue with Silicon Valley on AI, as Pope Leo prepares to make AI's potential threat to humanity a signature issue — The new pope is making the potential threat of artificial intelligence to humanity a signature issue—but Silicon Valley is trying to win him over| MacKenzie Sigalos / CNBC: |
The US Senate passes the GENIUS Act, which establishes the first federal regulatory framework for dollar-pegged stablecoins; the bill now heads to the House — The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails … | Hayden Field / The Verge: |
The Midas Project and The Tech Oversight Project release The OpenAI Files, a 50+ page analysis of OpenAI's governance, leadership, and organizational culture — It has charts and data visualizations, including the authors' best guess at OpenAI's corporate structure.| Financial Times: |
Netflix signs a landmark deal with France's TF1 to show linear TV for the first time; TF1 will broadcast all five of its channels, showing live sports and more — Deal will be closely watched by broadcasters, who are losing millions of viewers to streaming giants — Daniel Thomas and Hannah Murphy in Cannes| Kristina Partsinevelos / CNBC: |
AWS says Anthropic's Claude Opus 4 launched on its Trainium2 GPUs, and Project Rainier, AWS' supercomputer built for Anthropic, uses 500K+ Trainium2 chips — Amazon Web Services is set to announce an update to its Graviton4 chip that includes 600 gigabits per second of network bandwidth … | Bloomberg: |
Sources: xAI is burning through $1B per month, expects to burn through ~$13B in 2025, and projects its revenue to be just $500M in 2025, rising to $2B+ in 2026 — Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building … | Hiroko Tabuchi / New York Times: |
| Allie Garfinkle / Fortune: |
Observability and site reliability engineering startup Traversal emerges from stealth with $48M in seed and Series A funding led by Sequoia and Kleiner Perkins — Left to right: Traversal's Raaz Dwivedi, Anish Agarwal, Ahmed Lone, and Raj Agrawal. — Traversal| Anton Shilov / Tom's Hardware: |
A look at embedded and immersion chip-cooling tech; industry sources indicate Nvidia is mulling 6,000W to 9,000W TDP for its next-gen GPUs, up from ~1,200W now — It is going to get hot. — The power consumption of AI GPUs has steadily increased in recent years and is expected … | Rachel Metz / Bloomberg: |
OpenAI says it's phasing out its work with Scale AI, into which Meta invested $14.3B, and that Scale AI accounted for a small fraction of its overall data needs — OpenAI is phasing out the work it does with data-labeling startup Scale AI, cutting ties with the company days … | Noele Illien / Bloomberg: |
UBS confirms data was stolen in a cyberattack on supplier Chain IQ, which said it and 19 other companies were targeted; Swiss media says it impacts 130K+ staff — UBS Group AG said that information about the company had been stolen in a cyber attack on one of its suppliers … | Andrew J. Hawkins / The Verge: |
Waymo applied for a NYC permit to test its cars with safety drivers and plans to start collecting mapping data with manually driven cars in Manhattan in July — The company wants to change state law so it can operate vehicles without safety drivers. That will be a challenge.| Chris Welch / Bloomberg: |
Xreal One Pro review: the impressive $649 AR glasses resemble normal spectacles from a distance and excel as a virtual, HD external display for PCs and phones — Review: The company's latest augmented-reality glasses excel as an external display for phones, PCs and gaming devices.| Abner Li / 9to5Google: |
Google starts rolling out video upload and analysis via Gemini for Android and iOS across both free and paid accounts; the feature is not yet live on the web — Besides the new navigation drawer and 2.5 Pro going stable, the Gemini app is rolling out video upload and analysis.| Ian King / Bloomberg: |
Intel names new engineering leadership, appointing Srinivasan Iyengar, Jean-Didier Allegrucci, and Shailendra Desai, as part of CEO Lip-Bu Tan's turnaround plan — Intel Corp. named new engineering leadership as part of a turnaround effort under Chief Executive Officer Lip-Bu Tan … | Leo Schwartz / Fortune: |
NYC-based Tennr, which uses AI document parsing and workflow automation to cut patient waiting times, raised a $101M Series C led by IVP at a $605M valuation — Tennr founders from left: Trey Holterman (co-founder/CEO), Tyler Johnson (co-founder/CTO), Diego Baugh (co-founder/Chief Product Officer)| Reuters: |
Bitmain, Canaan, and MicroBT, which build 90%+ of crypto mining rigs, are setting up US manufacturing footholds as Trump's tariff war reshapes the supply chain — The world's three best-selling makers of bitcoin mining machines - all of Chinese origin - are setting up manufacturing footholds … | Chris Metinko / Axios: |
Boston-based Maven, which builds autonomous AI agents for enterprises' customer support, raised a $50M Series B led by Dell, taking its total funding to $78M — Maven AGI, which builds enterprise AI agents for customer support, raised a $50 million Series B led by Dell Technologies Capital … | Shen Lu / Wall Street Journal: |
Temu signed a US data storage deal with Oracle last week; Temu offered few details, but says the deal is part of an effort to localize more of its US operations — Data-storage deal with Oracle follows several states' allegations bargain site could hand over user data to Beijing| Michelle Kim / Rest of World: |
Ten current and former Samsung semiconductor engineers say many are leaving for SK Hynix and other rivals due to long hours, heavy workloads, and lower bonuses — Scarred by long hours, low pay, and a hostile work culture, many chip workers are leaving for competitors, including American companies.
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| Ted Johnson / Deadline: |
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