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June 29, 2025, 4:45 AM
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| M.G. Siegler / Spyglass: |
Meta offering $100M signing bonuses may be an exaggeration by Altman, but $100M overall compensation packages are plausible given Meta's need to catch up in AI — A couple weeks back, Sam Altman made headlines for saying that Meta was approaching OpenAI talent and offering “$100M signing bonuses” …
More: The Guardian, Benzinga, The Indian Express, Wall Street Journal, The Decoder, and TechCrunch
X: @signulll, @austen, @kevinsxu, @gustavonicot, @kuittinenpetri, and @plantmath1. LinkedIn: Meghan Bobrowsky
| Kalley Huang / The Information: |
Source: Meta hired four more OpenAI researchers, including key contributors to o1-mini and o3-mini, as Zuckerberg continues an unprecedented recruiting effort — Meta Platforms is hiring four more OpenAI artificial intelligence researchers as Meta CEO Mark Zuckerberg continues …
More: TechCrunch, Parker Ortolani, Fortune, Reuters, Gizmodo, and The Economic Times
| Olga Kharif / Bloomberg: |
A look at efforts by Coinbase, Kraken, Robinhood, and other crypto companies to tokenize stocks amid regulatory hurdles and questions about product demand — First, they came for the currency market. Then, the money market. Now, crypto's big disruptors are targeting the multi-trillion-dollar heart …
More: Cointelegraph and CoinDesk
| Jonathan Vanian / CNBC: |
As Reddit turns 20, a look at its AI efforts, including the Reddit Answers chatbot, while it battles unauthorized scraping of user data for AI training — For 20 years, Reddit has pitched itself as “the front page of the internet.” AI threatens to change that.
More: New York Times and The Verge
| Nicole Froio / The Verge: |
AI-generated images of fake, otherworldly-looking houseplants are proliferating online and misleading consumers, as AI slop extends to plant care advice — 'It's disconnecting us further from reality, relationships with nature, and also our community.' — “Maybe you could organize …
Bluesky: @wavesblog, @sarahjeong, @nicolefroio, @tyleraking.com, @sarahjeong, and @zackzwiezen.com. Forums: r/houseplants
| Satviki Sanjay / Bloomberg: |
Walmart's Flipkart says about 200M Indian users engaged with social videos and livestreams promoting products on the platform in H1 2025, up from 75M a year ago — Using videos to showcase and sell products is one of the leading new forays at Flipkart, Neha Agrahari, a senior director at the retailer …
X: @businessline and @business
| Roy / @im_roy_lee: |
[Thread] Cluely unveils a desktop AI assistant that it says can help users cheat on meetings, sales, lectures, interviews, learning new software, and more — introducing @cluely. today is the start of a world where you never have to think again. we just killed 9 industries (thread): [video]
| Financial Times: |
Nvidia executives, including Jensen Huang, have sold $1B+ worth of company stock in the past 12 months, with $500M+ in share sales occurring in June 2025 alone — Chief executive Jensen Huang leads wave of insider selling as AI demand boosts stock to record high| Song Jung-a / Financial Times: |
South Korea becomes Asia's best-performing stock market in H1 2025, as shares rise following President Lee Jae-myung's pledge to allow won-based stablecoins — New president's pledge to allow won-based stablecoins has led to huge gains in related shares this month| Duncan Riley / SiliconANGLE: |
San Diego-based Clearspeed, which offers AI-driven voice-based risk assessment tech for 60+ languages, raised a $60M Series D, taking its total funding to $110M — Voice risk assessment startup Clearspeed Corp. today announced that it has raised $60 million in new funding to scale …
More: Business Wire, Clearspeed, InfoRiskToday.com, FinSMEs, and Venture Capital Journal
| Steven Levy / Wired: |
As top reporters continue to flock to Substack, subscription fatigue and challenges with building a wide audience pose threats to its long-term success — While star reporters continue to flock to Substack, subscription fatigue is only getting worse. — Before June 8, the skilled …
Bluesky: @marisakabas and @dinfontay.com
| Ryan Lawler / Axios: |
Niural, whose AI agents help companies automate payroll, benefits, vendor payments, and compliance, raised a $31M Series A led by Marathon Management Partners — Niural, a global payroll and finance operations startup, has raised $31 million in Series A funding, CEO Nami Baral tells Axios exclusively.
More: PYMNTS.com, FinSMEs, Pulse 2.0, VC News Daily, and Niural
| Nick Flaherty / eeNews Europe: |
Nordic Semiconductor acquires US startup Memfault, a cloud-based IoT lifecycle management and observability service that supports secure OTA updates, for $120M — Nordic Semiconductor is buying US startup Memfault for $120m for its cloud-based software monitoring platform.
More: Nordic Semiconductor and Electronics Weekly
LinkedIn: Memfault, Nordic Semiconductor, Jeff Clavier, and Tyler Hoffman
| Andrew Deck / Nieman Lab: |
How the Center for Investigative Reporting is handling the lawsuit against OpenAI as one of the few nonprofits with the resources to take on a yearslong suit — One year into its copyright litigation, the Center for Investigative Reporting is still one of the only nonprofits to take the AI giant to court.Sponsor Posts
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Zoho:
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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
Hard Fork:
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The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Lenny's Podcast:
An AI state of the union: We've passed the inflection point, dark factories are coming, and automation timelines | Simon Willison
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A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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The Upstarts Podcast:
Axiom's Carina Hong: Solving Math's Hardest Problems With AI, And AI's Problems With Math
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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.
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