| Financial Times: |
Sources: Mira Murati's Thinking Machines Lab raised $2B led by a16z at a $10B valuation; Murati will hold board voting rights that outweigh all other directors — Six-month-old secretive AI start-up in one of the largest initial funding rounds in Silicon Valley's history| Alex Heath / The Verge: |
Sources: Mark Zuckerberg recently discussed buying Mira Murati's Thinking Machines Lab, but the talks didn't progress to the formal offer stage — Mark Zuckerberg has been playing the field as he looks to reboot his AI strategy. … At this point, it's becoming easier … | Ellen Huet / Bloomberg: |
A profile of Scale AI co-founder Alexandr Wang, whose ties to influential people in the AI industry and the GOP could give Meta leverage over its competitors — Scale AI co-founder Alexandr Wang is such an enthusiastic networker that his former roommate — OpenAI Chief Executive Officer Sam Altman … | Bloomberg: |
| Mark Gurman / Bloomberg: |
Sources: Apple execs have held internal discussions about bidding for, or partnering with, Perplexity, seeking to address the need for more AI talent and tech — Apple Inc. executives have held internal discussions about potentially bidding for artificial intelligence startup Perplexity AI … | Alex Heath / The Verge: |
Meta unveils the $399+ Oakley Meta HSTN glasses, with Meta AI and the features of its Ray-Ban models, plus 3K video recording and double the battery life — The new lineup starts at $399 and captures 3K video. … Meta is announcing its next pair of smart glasses with Oakley.| Philip Stafford / Financial Times: |
BitcoinTreasuries.net: about 130 publicly-listed companies currently hold a combined ~$87B in bitcoin, about 3.2% of all the bitcoins that will ever exist — Corporate treasuries now hold more than 3% of the world's biggest cryptocurrency, a stash worth $87bn| Jonathan Greig / The Record: |
Insurance giant Aflac says a cybercrime group breached its systems and may have stolen data; source: the attack bears the hallmarks of Scattered Spider — Insurance company Aflac said a “sophisticated cybercrime group” breached its systems and may have stolen data.| Dan Goodin / Ars Technica: |
Cloudflare says it mitigated a record-breaking 7.3Tbps DDoS attack in mid-May, which delivered 37.4TB of junk traffic to the target in just 45 seconds — Large-scale attacks designed to bring down Internet services by sending them more traffic than they can process keep getting bigger … | Marina Temkin / TechCrunch: |
Cluely, which wants to help users “cheat on everything”, including job interviews and exams, raised a $15M Series A led by a16z, two months after a $5.3M seed — Cluely, a startup that claims to help users “cheat” on job interviews, exams, and sales calls, has raised … | Ina Fried / Axios: |
Anthropic's test of 16 top AI models from OpenAI and others found that, in some cases, they resorted to malicious behavior to avoid replacement or achieve goals — Large language models across the AI industry are increasingly willing to evade safeguards, resort to deception and even attempt … | Reed Albergotti / Semafor: |
Sources: Reddit is exploring Tools for Humanity's World ID identity system to allow users to verify that they are unique individuals while remaining anonymous — THE SCOOP — Reddit is considering using World ID, the verification system based on iris-scanning Orbs whose parent company was co-founded by OpenAI CEO Sam Altman.| Wall Street Journal: |
Sources: a US official told Samsung, SK Hynix, and TSMC that the US may revoke waivers that let them ship US chipmaking equipment to their factories in China — Move isn't meant to escalate trade tensions, White House officials say — A U.S. official told top global semiconductor makers … | South China Morning Post: |
How Huawei has remained resilient in the face of US sanctions; Mizuho: about 700,000 units of Huawei's Ascend 910 series are expected to ship in 2025 — Huawei is expected to ship about 700,000 Ascend AI processors in 2025, according to Mizuho estimates — By Ann Caoin Shanghai and Wency Chenin Shanghai| Alex Riehl / BetaKit: |
Report: Vista Equity Partners and Blackstone buy out other investors in Assent for $400M, valuing the Ottawa-based supply chain software company at $1.3B — Company spokesperson denied that Assent had been acquired, but declined to break down post-deal ownership structure.| Coco Feng / South China Morning Post: |
Huawei unveils a beta version of HarmonyOS 6, making it available to developers, and announces the HarmonyOS Agent Framework to help developers create AI agents — The tech giant did not give a public launch date for the latest version of the operating system, but said it will be more intelligent and open| Monique Mulima / Bloomberg: |
Canadian crypto companies are encountering regulatory challenges in introducing a local stablecoin, as the US advances stablecoin legislation — While the US Senate advanced far-reaching stablecoin legislation, Canadian companies are pushing to get even the most basic stablecoin products available for users in the country.| Magdalena Del Valle / Bloomberg: |
A UN survey of 21 countries finds that trust in AI is strongest in low-income and developing nations; 83% in China and 37.5% in the US said they trust AI — A United Nations study found a sharp global divide on attitudes toward artificial intelligence, with trust strongest in low-income countries and skepticism high in wealthier ones.| Alex Konrad / Upstarts Media: |
Browserbase, which develops headless browsers for AI agents and apps, raised a $40M Series B led by Notable Capital at a $300M valuation, up ~4x since September — The 16-month-old infrastructure startup behind ‘headless browsers’ is now valued at $300 million and claims more than 1,000 customers.
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| Wen-Yee Lee / Reuters: |
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| Guillaume Grallet / Le Point: |