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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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