Techmeme
June 19, 2026, 7:45 AM

Top News

Hugo Lowell / Wired:
Jagmeet Singh / TechCrunch:
Appfigures: daily downloads of major VPN apps in India rose 49% on June 16 after India announced its Telegram ban; Proton and Turbo recorded largest increases  —  As India cut off access to messaging app Telegram for a week over concerns about exam-related fraud, users turned to virtual private networks …
Financial Times:
Sources: SpaceX plans to raise $20B in a bond sale as soon as next week; the funds would be used to pay back a $20B bridge loan taken out after the xAI merger  —  AI and rocket group is tapping debt markets after raising $86bn in stock market debut  —  SpaceX is planning to raise $20bn …
Kai Nicol-Schwarz / CNBC:
Intel's stock jumps 10.64% after Trump said “Apple has agreed to work with Intel to design and build its Chips in America”; INTC is up 520%+ in the past year  —  Intel's stock rose 10% on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal …
Artificial Analysis:
GLM-5.2 is the leading open weights model on Artificial Analysis' Intelligence Index, scoring 51, only behind Fable 5's 60, Opus 4.8's 56, and GPT-5.5's 55  —  Z ai's GLM-5.2 is the new leading open weights model on the Artificial Analysis Intelligence Index scoring 51 and it sits on the Pareto frontier of Intelligence vs Cost per Task
Bloomberg:
The US FERC approves new orders to fast-track data center power requests, aiming to handle them in 90 days, while bringing new requirements for AI hyperscalers  —  US regulators have taken their biggest step yet to speed the connection of data centers to the country's grids while simultaneously attempting …
Jiahui Huang / Wall Street Journal:
Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO  —  The company has also been backed by Toyota and SAIC Motor  —  Chinese autonomous-driving company Momenta's valuation has reached around $9 billion …
Marilen Martin / Bloomberg:
Siemens expects Xcelerator revenue to more than double in 2026, aiming to make the platform an industrial app store integrating software and hardware offerings  —  Siemens AG expects revenue from its online store to more than double this year, though the maker of industrial software and trains …
Zack Zwiezen / Kotaku:
Take-Two's Rockstar Games announces that pre-orders for Grand Theft Auto VI will go live on June 25 for PS5 and Xbox Series consoles; TTWO closed up 4.93%  —  If you were worried about another delay, you can probably stop worrying … Some of you might roll your eyes at the seeming certainty of that statement, and understandably so.
Hayden Field / The Verge:
Barret Zoph leaves OpenAI again five months after rejoining in January; Zoph initially left OpenAI in 2024 to serve as Thinking Machines Lab co-founder and CTO  —  Five months after returning to OpenAI, Barret Zoph — the company's head of enterprise AI sales — has departed, The Verge has learned.

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