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June 28, 2025, 10:30 AM
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memeorandum
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| Financial Times: |
Sources: Meta is looking to raise $3B in equity and $26B in debt, from private capital firms, including Apollo Global and KKR, to fund its data center build out — Apollo, Brookfield and Pimco among the lenders in talks with Mark Zuckerberg's social media group
More: StrictlyVC, Reuters, SiliconANGLE, The Information, and Sherwood News
Bluesky: @robertscotthorton, @peark.es, and @ivanthek
X: @jason_kint, @ljkawa, @dorialexander, and @zephyr_z9
| Wall Street Journal: |
A look at “The List”, a compilation of the most talented AI engineers and researchers that Mark Zuckerberg has put together in an effort to recruit them to Meta — Only a select few researchers have the skills for the hottest area in tech. Mark Zuckerberg and his rivals want to hire them …
More: TechCrunch, The Decoder, New York Post, and New York Times
| Eric Geller / Cybersecurity Dive: |
Experts detail how the Trump administration has seriously weakened the public-private partnerships that protect US critical infrastructure from cyberattacks — Recent federal cuts, reorganizations and other disruptions have alarmed industry leaders, who say the government is a less reliable partner even as cyber threats increase.| Kevin Breuninger / CNBC: |
Trump says the US is “terminating all discussions on trade with Canada” in response to Canada's decision to impose a digital services tax on US tech firms — - President Donald Trump said the United States is immediately “terminating ALL discussions on Trade with Canada.”
More: Associated Press, Al Jazeera, Bloomberg, The Guardian, CNN, Baller Alert, Mirror, Breitbart, Billboard, Politico, Hindustan Times, Pixel Envy, Deadline, RedState, Le·gal In·sur·rec·tion, New Republic, Townhall, The Hollywood Reporter, The Verge, The Indian Express, Washington Times, Engadget, The Daily Caller, The Hill, MobileSyrup, iPhone in Canada, Proactive, Gizmodo, BelfastTelegraph.co.uk, New York Post, NBC News, The Gateway Pundit, ZeroHedge News, Reuters, WUSA, MacDailyNews, Yahoo Finance, Variety, Semafor, Forbes, CBS News, Scripps News, Raw Story, The Post Millennial, Daily Sabah, Mediaite, and Fox Business
Bluesky: @stoon-dude, @thenewsninja, @aarwalk, @josephpolitano, @josephpolitano, and @josephpolitano. Truth Social: @realDonaldTrump …
X: @jimbostanford, @gilmcgowan, @mgeist, @howardlutnick, @mmcassella, @joel_kaplan, and @ericjackson. LinkedIn: Jason Miller
| Simon Willison / Simon Willison's Weblog: |
The term “context engineering” is gaining traction over “prompt engineering” as it better describes the skill of providing LLMs with the necessary information — I've spoken favorably of prompt engineering in the past - I hoped that term could capture the inherent complexity of constructing reliable prompts.
More: The Decoder, Analytics India Magazine, and Every
Bluesky: @andrewnebus and @rjcc
X: @karpathy, @tobi, @amasad, @richardblythman, @simonw, @mckaywrigley, @simonw, @swaseyonswdev, and @simonw
| Samuel Axon / Ars Technica: |
A look at AIFF 2025, Runway's third annual AI Film Festival featuring 10 shorts, as the film and TV industry remains divided over the role of AI in its future — We saw 10 AI films and interviewed Runway's CEO as well as Hollywood pros. — Last week, I attended a film festival dedicated to shorts made using generative AI.
More: The Verge
| Yi Wei Wong / Bloomberg: |
Canada orders Chinese video surveillance tech provider Hikvision to cease all operations and close its business in the country over national security concerns — Canadian Industry Minister Melanie Joly says that the government has ordered Hikvision Canada to cease all operations in the country … | Patrick Howell O'Neill / Bloomberg: |
Atlantic Council: US cyber power is hampered by an inefficient supply chain for zero days, with too few providers and “levels of middlemen” driving up costs — Atlantic Council research says market for zero days is bloated, leaving the US behind rivals such as China. — The Cyber Angle
Bluesky: @patrickhowelloneill.com
| Cezary Podkul / ProPublica: |
An in-depth look at how foreign scammers use US banks to facilitate large-scale transfers of funds stolen from victims of “pig butchering” scams overseas — - Struggling Gatekeepers: In the face of some $44 billion a year in pig-butchering scams conducted by Asian crime syndicates …
More: Motley Fool and The Daily Hodl
Bluesky: @propublica.org, @digitalwarrior, @chrismootham, and @themorrancave
| The Information: |
Source: OpenAI recently began renting Google's TPUs to power ChatGPT, marking its first significant use of non-Nvidia chips; Meta also considered using TPUs — OpenAI, one of the world's biggest customers of Nvidia artificial intelligence chips, recently began renting Google's AI chips …
More: Reuters, Motley Fool, The Decoder, TheStreet, and The Indian Express
Bluesky: @mick, @timkellogg.me, and @quinnypig.com
| Bloomberg: |
Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortcomings in lithography and EDA software — China's main chip investment fund is planning to focus on the country's key shortcomings in sectors like lithography …
More: Tom's Hardware
| Andrew Demillo / Associated Press: |
NetChoice sues Arkansas over two laws that would put limits on social media content and let parents of children who died by suicide sue over platform content — A tech industry trade group sued Arkansas Friday over two new laws that would place limits on content on social media platforms …
More: Bloomberg Law and Washington Examiner
| Cathy Chan / Bloomberg: |
EQT agrees to sell Japanese automotive electronics manufacturer Pioneer for $1.1B to CarUX, a unit of Taiwan-listed Innolux specializing in smart cockpit tech — EQT AB agreed to sell Pioneer Corp. for $1.1 billion, marking the biggest exit in Japan for the Swedish buyout firm that sees Japan …
More: Focus Taiwan, EQT Group, Reuters, DigiTimes, DealStreetAsia, and Taipei Times
| Alex Konrad / Upstarts Media: |
Sources: Applied Compute, a pre-launch reinforcement learning startup founded by three former OpenAI staffers, raised $20M at a $100M valuation led by Benchmark — The pre-launch reinforcement learning startup founded by Rhythm Garg, Linden Li and Yash Patil, is now valued at $100 million … Sponsor Posts
ElevenLabs:
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
Niantic Spatial:
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
ETL tool evaluation checklist: 6 things to look for before you choose — Your data is only as valuable as your ability to move, prepare, and access it efficiently. Choosing the wrong ETL tool can lead to months of rework …
ETL tool evaluation checklist: 6 things to look for before you choose — Your data is only as valuable as your ability to move, prepare, and access it efficiently. Choosing the wrong ETL tool can lead to months of rework …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Big Technology Podcast:
OpenAI President Greg Brockman on GPT-5.5 "Spud," AI Model Moats, and Cybersecurity Risks
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Lenny's Podcast:
How Anthropic's product team moves faster than anyone else | Cat Wu (Head of Product, Claude Code)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Access:
Silicon Valley finally has its "Succession"
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Nick, Dick and Paul Show:
The Me, Me, Me Generation w/ Joel Stein
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Invest Like the Best:
Dylan Patel - The Infinite Demand for Tokens, Claude Mythos, and Supply Constraints
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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