| Ina Fried / Axios: |
GitHub CEO Thomas Dohmke says he is leaving to “become a startup founder again”, with GitHub and its leadership team moving into Microsoft's CoreAI organization — GitHub CEO Thomas Dohmke announced Monday that he plans to step down, with Microsoft opting not to directly replace the position … | Financial Times: |
Trump says “it's possible I'd make a deal” to let Nvidia sell Blackwell chips “enhanced in a negative way” in China and confirms a 15% fee on H20 chip sales — US president confirms he negotiated ‘a little deal’ with chipmaker's chief Jensen Huang| Bloomberg: |
Trade experts: Nvidia's and AMD's deals to export AI chips to China and pay the US 15% of revenue is “unprecedented” and a sign of “a new and dangerous world” — The revenue-for-exports deal between the US government and two of the world's biggest chipmakers opens … | Financial Times: |
Sources: AMD agreed to pay the US government 15% of MI308 chip revenue from China sales, as a condition of export licenses granted last week — Chipmakers agree to unusual arrangement to secure export licences from Trump administration — Nvidia and AMD have agreed to give … | Sam Tobin / Reuters: |
A UK judge dismisses Wikimedia's Online Safety Act challenge over requiring Wikipedia to verify users and contributors' IDs, but says it can file new challenges — The operator of Wikipedia on Monday lost a legal challenge to parts of Britain's Online Safety Act, which sets tough new requirements … | Lauren Thomas / Wall Street Journal: |
Sources: Intel CEO Lip-Bu Tan is set to meet Trump on Monday to propose ways the US and Intel could work together, show his commitment to the US, and more — Lip-Bu Tan is set to meet with the president, who last week called for Tan's removal — Intel CEO Lip-Bu Tan is set to visit … | Luc Olinga / Gizmodo: |
Sam Altman says OpenAI is “significantly increasing rate limits for reasoning” for ChatGPT Plus users, as the share of users using reasoning models increases — The move is a stunning reversal, proving that even the most powerful AI company can't ignore a mutiny from its loyal user base.| Robert Frank / CNBC: |
CB Insights: there are now 498 AI unicorns, with a combined value of $2.7T, including 100 founded since 2023, and over 1,300 AI startups are valued above $100M — Artificial intelligence startups have minted dozens of new billionaires this year, adding to an AI boom that's quickly becoming … | Matt Burgess / Wired: |
UK researchers estimate 80 game cheat-selling websites generate $12.8M to $73.2M annually from 30K to 174K monthly buyers across North America and Europe alone — Gaming cheats are the bane of the video game industry—and a hot commodity. A recent study found that cheat creators are making … | Annie Palmer / CNBC: |
Amazon's Kuiper launches 24 satellites via SpaceX's Falcon 9 after four launch attempts were delayed by weather issues, taking its total to 102 in orbit — Amazon shipped another batch of internet-beaming satellites into orbit on Monday atop a SpaceX Falcon 9 rocket, after four previous launch attempts … | Jay Peters / The Verge: |
Reddit says it will block the Internet Archive from indexing most of its pages after it caught AI companies scraping its data from the Wayback Machine — The company says that AI companies have scraped data from the Wayback Machine, so it's going to limit what the Wayback Machine can access.| James Davey / Reuters: |
UK retailer M&S resumes click and collect services 15 weeks after disclosing a cyberattack, set to cost it ~£300M; M&S resumed online delivery orders on June 10 — British retailer Marks & Spencer (MKS.L) has resumed taking click and collect orders for clothing … | Alex Knapp / Forbes: |
Tahoe Therapeutics, which is building AI models of living cells, raised $30M led by Amplify Partners at a $120M valuation, taking its total funding to $42M — The Palo Alto, California-based company, now valued at $120 million, has developed a scalable way to quickly generate crucial biological data needed … | Reuters: |
Rumble says it plans to acquire German AI cloud group Northern Data in an all-stock deal; estimates show the deal could be valued at ~$1.17B, a 32% discount — U.S.-listed video platform Rumble (RUM.O) is considering a potential offer of about $1.17 billion (1 billion euro) …
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