Techmeme
June 29, 2025, 8:50 PM

Top News

Zoë Schiffer / Wired:
Memo: OpenAI's Mark Chen responds to Meta offers, says it feels like “someone has broken into our home and stolen something” and OpenAI is “recalibrating comp”  —  As Mark Zuckerberg lures away top research talent to Meta, OpenAI executives say they're ‘recalibrating comp,’ according to an internal memo.
Noah Smith / Noahpinion:
Elon Musk calls the Senate tax bill “utterly insane” as it raises taxes on nuclear and geothermal energy and battery storage, which are crucial for AI training  —  Trump's “Big Beautiful Bill” is an attack on American energy production.  —  There are many things to despise …
Anthony D'Alessandro / Deadline:
The F1 movie gives Apple its first box office hit, opening to $144M worldwide and $55.6M in the US; it was pushed on Apple Music, Podcasts, Fitness+, and Wallet  —  It's a win for racing car movies.  It's a win for Zack Van Amburg and Jamie Erlicht led Apple Original Films on the big screen …
Scott Werner / Works on My Machine:
MCP has promise beyond AI, and could serve as a “universal plugin system” that connects disparate data sources and tools together to enable new capabilities  —  Or: The Day My Toaster Started Taking Phone Calls  —  There's this thing about USB-C that nobody really talks about.
Yuliya Chernova / Wall Street Journal:
Sources: Menlo Ventures targets ~$1.5B for new funds to invest in AI ventures, including $650M for early-stage startups, and $850M for later-stage companies  —  The investor in Anthropic and other artificial-intelligence companies is raising about $1.5 billion for new venture funds
Bloomberg:
China's tech giants are ramping up M&A and investment deals as the government shifts its stance to support the tech industry, particularly in areas like AI  —  After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye …
Cate Lawrence / Tech.eu:
Report: Swiss deep tech startups have created over $100B in total enterprise value, with 60% of VC funding in Switzerland from 2019 to 2025 going to deep tech  —  With 60 per cent of venture capital now flowing into deeptech, the country outpaces global peers and redefines what a small market can achieve. .

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More News

Tara García Mathewson / The Markup:
Nicole Froio / The Verge:

Earlier Picks

Steven Levy / Wired: