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June 25, 2025, 5:25 PM
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Top News

Samantha Subin / CNBC:
Bumble plans to lay off 30% of its workforce, or ~240 roles, and invest the up to $40M saved annually into new product and tech development; BMBL jumps 15%+  —  Bumble shares rallied 25% on Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles.
Maxwell Zeff / TechCrunch:
Google launches Gemini CLI, an agentic AI tool that lets developers make natural language requests in terminals by connecting Gemini models to local codebases  —  Google is launching a new agentic AI tool that will put its Gemini AI models closer to where developers are already coding.
Kate Clark / Bloomberg:
Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation  —  Kalshi Inc., a prediction market that competes with Polymarket, said it has raised $185 million at a valuation of $2 billion.
Rebecca Bellan / TechCrunch:
Getty Images drops its primary claims of copyright infringement against Stability AI in UK court but continues to pursue other claims and a separate US lawsuit  —  Getty Images dropped its primary claims of copyright infringement against Stability AI on Wednesday at London's High Court …
Isaiah Poritz / Bloomberg Law:
A US judge rules that Meta's use of books to train AI is protected by fair use but says his opinion is more a reflection of the plaintiffs' poor arguments
Olivia Sophie Rafferty / ai fray:
A US judge rules Anthropic's use of copyrighted books to train AI was fair use, but its storage of pirated books in a central library for training LLMs was not
Antonio Regalado / MIT Technology Review:
Google DeepMind unveils AlphaGenome, an AI tool to predict the effects of DNA changes on molecular processes, available via an API for non-commercial research  —  When scientists first sequenced the human genome in 2003, they revealed the full set of DNA instructions that make a person.
404 Media:
License plate reader company Flock has stopped US agencies from accessing cameras in CA, IL, and VA after reports of lookups related to ICE and an abortion case  —  Following 404 Media's reporting and in light of new legislation, automatic license plate reader (ALPR) company Flock …
Mike Rogoway / Oregonian:
Leaked memo: Intel will shut down its automotive business and lay off “most” employees working in the unit, the latest step in Intel's downsizing  —  Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step in the chipmaker's dramatic downsizing.
Financial Times:
As Apple rolls out CarPlay Ultra, many carmakers are developing their own infotainment systems in hopes of generating more revenue from in-car services and data  —  CarPlay Ultra rollout comes as auto groups are introducing their own infotainment systems Apple is facing pushback …
Emma Roth / The Verge:
Sam Altman posts a series of his exchanges with founder of iyO Jason Rugolo, before and after OpenAI's io deal; Rugolo responded he just wants to compete fairly  —  The court of public opinion does not resolve trademark disputes. … OpenAI CEO Sam Altman has put a spotlight …
Jordan Novet / CNBC:
Data management software vendor Rubrik agrees to acquire Predibase, which helps with deploying AI models; a source says Rubrik intends to pay $100M to $500M  —  Data management software vendor Rubrik said Wednesday that it's buying Predibase, a startup that helps with the deployment of artificial intelligence models.
Andrew Liszewski / The Verge:
Fairphone announces the €599 Fairphone 6, with a 6.31" 120Hz LTPO OLED, a Snapdragon 7s Gen 3 chip, 8GB of RAM, and enhanced modularity via 12 swappable parts  —  The repairable smartphone is now even more modular with new accessories that expand its functionality.
Dina Bass / Bloomberg:
Micron reports Q3 revenue up 37% YoY to $9.3B, vs. $8.85B est., forecasts Q4 revenue above estimates, and says it's on track for record revenue this fiscal year  —  Fiscal fourth-quarter revenue will be roughly $10.7 billion, the company said in a statement Wednesday.
Yuliya Chernova / Wall Street Journal:
OpenRouter, which directs prompts to LLMs based on factors like cost and speed, raised $40M across a seed and Series A; source: the startup is valued at ~$500M  —  The startup, now valued at about $500 million, directs artificial-intelligence prompts to various large language models based on cost, speed and other factors
FinSMEs:
Paraform, which operates a hiring marketplace with AI-powered candidate relationship management and other tools, raised a $20M Series A led by Felicis Ventures  —  Paraform, a San Francisco, CA-based marketplace built for elite recruiters, raised $20M in Series A funding.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:25 PM ET, June 25, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer

Sara Guaglione / Digiday:
The Washington Post's new Your Personal Podcast, which offers AI-generated customizable podcasts, was developed under a multiyear agreement with ElevenLabs

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

More News

Hilary Milnes / Vogue Business:
Daydream, which raised a $50M seed in June 2024 to build a generative AI shopping agent for fashion, launches in beta, with an app expected later this summer
Mike Wheatley / SiliconANGLE:
Andy Konwinski, a co-founder of Databricks and Perplexity AI, launches the nonprofit Laude Institute, self-funded with $100M for grants to AI projects and labs

Earlier Picks

Sarah Kessler / New York Times:
A surge in AI-generated résumés is overwhelming employers, who are turning to AI screening and video interviewing tools to assess responses and rank candidates
Reuters:
New Zealand-based Xero, which offers accounting software for small businesses, agrees to acquire payments software company Melio in a $2.5B+ cash-and-stock deal
RT Watson / The Block:
Chainlink and Mastercard announce a partnership to enable credit card holders to buy crypto assets “directly onchain through a secure fiat-to-crypto conversion”
Zac Bowden / Windows Central:
Microsoft makes Windows 10's extended security updates free for an extra year for users who sync PC settings via a Microsoft Account and the Windows Backup app
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