Techmeme
July 1, 2025, 10:35 PM

Top News

Zoë Schiffer / Wired:
Sam Altman said in a memo to staff, “missionaries will beat mercenaries” and “I believe there is much, much more upside to OpenAI stock than Meta stock”  —  “What Meta is doing will, in my opinion, lead to very deep cultural problems,” said CEO Sam Altman in a leaked memo sent to OpenAI researchers.
Zoë Schiffer / Wired:
Source: Mark Zuckerberg has, on 10+ occasions, offered to pay AI research talent up to $300M over four years, with $100M+ in compensation for the first year  —  The Meta CEO is leading a hiring blitz, offering top talent at OpenAI eye-watering pay packages and endless access to cutting-edge chips.
Jordan Novet / CNBC:
Figma files for an IPO, plans to trade on the NYSE under FIG, and reports Q1 revenue increased 46% YoY to $228.2M and net income grew from $13.5M to $44.9M YoY  —  Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol “FIG.”
Bloomberg:
The Senate votes 99-1 to remove a Trump tax bill provision that would have barred states from regulating AI if they got funding from a $500M broadband program  —  The Senate killed a controversial effort to prevent US states from regulating artificial intelligence, marking a loss …
Maxwell Zeff / TechCrunch:
Cloudflare debuts “Pay per Crawl”, a marketplace that lets sites charge AI crawlers per crawl; new sites using Cloudflare will now block AI crawlers by default  —  Cloudflare, a cloud infrastructure provider that serves 20% of the web, announced Tuesday the launch of a new marketplace …
Tabby Kinder / Financial Times:
Sources: Palmer Luckey is preparing to launch Erebor, a US bank backed by Joe Lonsdale and other tech investors to serve startups, including crypto businesses  —  Start-up named after the dragon's mountain in ‘Lord of the Rings’  —  A group of tech billionaires led by Palmer Luckey …
Kurt Wagner / Bloomberg:
X will start to publish Community Notes written by AI agents; developers will soon be able to submit their own “fact-checking” AI agents for review  —  Elon Musk's X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed …
Bloomberg:
Nothing unveils the $799 Phone 3, with a 6.7" AMOLED display, Snapdragon 8s Gen 4 chip, three 50MP rear cameras, and the $299 Headphone 1, both shipping July 15  —  The five-year-old company, known for its bold designs, unveiled the Phone 3 and a pair of similarly quirky headphones.
The Information:
Sources: Anthropic's revenue hit a pace of $4B/year, up almost 4x from the beginning of 2025; Cursor maker Anysphere has poached two of Claude Code's leaders  —  Anysphere, the maker of Cursor, an artificial intelligence-powered coding app, has hired two leaders of Anthropic's competing coding product …
Emma Roth / The Verge:
Threads launches DMs for users aged 18 and older, without support for E2EE, and announces a “highlighter” feature to emphasize trending topics  —  For now, you can only send DMs to your followers on Threads or mutual followers on Instagram. … Threads has officially launched direct messaging for everyone.
Krystal Hu / Reuters:
Grammarly acquires email startup Superhuman as part of a push to diversify and build an AI productivity suite; Superhuman was valued at $825M in August 2021  —  Grammarly has acquired email efficiency tool Superhuman as part of the company's push to build an artificial intelligence-powered productivity suite …
Allie Garfinkle / Fortune:
Ambrook, a startup providing specialized accounting software for US farmers and ranchers, raised a $26.1M Series A led by Thrive Capital and Figma's Dylan Field  —  Ambrook cofounders Dan Schlosser, Mackenzie Burnett, and Jeff Anders.  —  AMBROOK  —  When I meet Chase Crandall, he's putting up a barbed wire fence.

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.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
Build vs Buy Embedded Analytics: The Decision That Defines Your Product Roadmap  —  Every SaaS product team eventually hits the analytics wall.  Your customers want insights inside your app.  Your roadmap has no room to spare.
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.

Featured Podcasts

The Talk Show With John Gruber:
'Apple at 50', With John Siracusa
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Big Technology Podcast:
OpenAI President Greg Brockman: AI Self-Improvement, The Superapp Bet, Path To AGI, Scaling Compute
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.
Uncapped with Jack Altman:
Brad Lightcap from OpenAI
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Channels with Peter Kafka:
Why We Need to Pay Attention to Elon Musk Again
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Cheeky Pint:
Compliance at scale and why TAM is a distraction with Christina Cacioppo of Vanta
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:35 PM ET, July 1, 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.

More News

Emma Roth / The Verge:
Avery Lotz / Axios:

Earlier Picks

Marina Temkin / TechCrunch:
Ethan Baron / SiliconValley.com:
Miles Kruppa / The Information:
Benjamin Mayo / 9to5Mac: