| 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 … | Hugo Lowell / Wired: |
New book: Trump mocked Zuckerberg and Bezos by showing associates their fawning texts, saying they were “kissing my ass”; Musk called it “First-class groveling” — “You would not believe the texts I got from these tech guys,” NYT reporters Maggie Haberman … | Marcus Mendes / 9to5Mac: |
Apple opens iOS to alternative app marketplaces in Brazil and changes App Store commission structure following a settlement with competition watchdog CADE — Starting today, app developers will be able to distribute apps through alternative app marketplaces in Brazil, as part of a broader set … | 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| Zack Zwiezen / Kotaku: |
Rockstar Games announces that pre-orders for Grand Theft Auto VI will go live on June 25; 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.| Sean O'Kane / TechCrunch: |
Filings: Waymo pulls its ~4K robotaxis from highways after finding 13+ instances of the cars driving into highway sections under construction — Waymo has recalled its fleet of nearly 4,000 robotaxis to restrict them from driving on highways while it figures out how to make the vehicles behave around construction zones.| Ben Weiss / Fortune: |
Sources: APEC, a derivatives exchange founded by the 22-year-old son of pro-crypto Senator Kirsten Gillibrand, raised $30M led by Lux at a $300M valuation — The 22-year-old son of a crypto-friendly senator plans to launch his own exchange for a type of derivative popularized by digital asset traders.| Angel Au-Yeung / Wall Street Journal: |
AI inference startup Baseten is raising $1.5B in a dual-tiered deal, with some investors putting in money at an $11B valuation and others at a $13B valuation — Baseten, part of a growing Silicon Valley ecosystem offering services to enable low-cost AI models, is raising $1.5 billion in a new round| Richard Lawler / The Verge: |
Midjourney unveils its first hardware product, the Midjourney Scanner, an ultrasound-based full-body scanner; it is unclear how AI fits into the medical effort — The AI image generator says this side project will be ‘in many ways superior to even MRI machines.’| Gergely Orosz / The Pragmatic Engineer: |
An in-depth look at Meta's AI-fueled rampage through its engineering organization, 30% to 50% of engineers on core teams reassigned to data labeling, and more — Hi - t For two decades, Meta had a unique, high-performance engineering org; right up until around April of this year.| Mark Bergen / Bloomberg: |
Amazon's AI chief Peter DeSantis says the company is in talks to sell its custom Trainium AI chips for use in third-party data centers — Amazon.com Inc. is in talks to sell its custom-made artificial intelligence chips for use in other companies' data centers, a key expansion of its efforts to cut into Nvidia Corp.'s dominance.| Juby Babu / Reuters: |
Intel names former SK Hynix CEO Seok-Hee Lee as EVP of Intel Foundry; Naga Chandrasekaran will lead front-end technology development and front-end manufacturing — Intel (INTC.O) on Thursday named Seok-Hee Lee executive vice president of its contract chip-manufacturing division as it sharpens focus on its advanced packaging business.| Lucas Ropek / TechCrunch: |
Snap plans to spin off an internal generative AI video team into Dotmo, a new company focused on AI models for interactive gaming experiences, citing high costs — Snap will be spinning off an internal generative AI video team into a separate company. The new company — dubbed Dotmo … | Financial Times: |
A profile of Meta President Dina Powell McCormick, who has become one of Silicon Valley's top power brokers as she helps oversee Meta's AI infrastructure push — Former Goldman Sachs executive explores financing once alien to Silicon Valley for $600bn infrastructure push.| Nate Raymond / Reuters: |
A US circuit court overturned an injunction against Ohio, allowing the state to implement a law forcing platforms to seek parental consent if a user is under-16 — A U.S. appeals court on Thursday cleared the way for Ohio to implement a law that requires social media companies … | Yueqi Yang / The Information: |
Sources: Kalshi is generating $2B+ in annualized revenue, up about three times from November, and has held informal talks with banks about an eventual IPO — Prediction market Kalshi is generating more than $2 billion in annualized revenue, up about three times from November … | Rebecca Bellan / TechCrunch: |
Sources: General Intuition, which trains AI agents in spatial reasoning, is in talks to raise $300M from Jeff Bezos and others at a $2B+ valuation — General Intuition, the New York-based startup building a foundation model that trains AI agents how to move through space and time … | Zoe Tillman / Bloomberg: |
Unsealed docs: Google lost a court fight against a 2023 US warrant in a Jan. 6 pipe bomb probe seeking info of 300+ users who searched for the RNC and DNC HQs — Google waged a secret court fight against a US warrant demanding identities of hundreds of internet users who searched … | Bloomberg: |
Sources: Meta is under contract to buy roughly 1.6 GW of computing capacity from Crusoe across two data centers in Texas and Missouri — Meta Platforms Inc. has secured new agreements to get AI computing power from data center developer Crusoe, bolstering the infrastructure it needs to support … | Politico: |
Sources: the White House and Anthropic are working on a framework that would assess the severity of AI security flaws, a sign that negotiations are progressing — The attempt to create a standardized method to evaluate this and future such incidents underscores how the administration is racing … | Galit Altstein / Bloomberg: |
Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 — Dream, an Israeli artificial intelligence company that provides AI and cybersecurity services to governments and critical infrastructure operators … | Maria Curi / Axios: |
As David Sacks steps back and Sriram Krishnan prepares to leave, Commerce Secretary Howard Lutnick and others are leading AI policy in the Trump administration — Like its AI policy, the Trump administration's AI team is taking shape on the fly. … But with Sacks stepping … | Wired: |
| Natalia Kniazhevich / Bloomberg: |
Prem AI, a Swiss startup that lets hedge funds and law firms run AI models on their own infrastructure, is raising a $100M Series A, targeting a $500M valuation — Prem AI, a Swiss startup that helps companies including hedge funds and law firms run artificial intelligence models … | Robert McMillan / Wall Street Journal: |
Nation-state hackers are increasingly using preinstalled software on low-cost home devices to create residential proxy networks for masking cyberattack traffic — Nation-state cyberattackers are increasingly using residential proxy networks to mask their traffic, turning everyday electronics into a massive global threat| Ashley Gold / Axios: |
Former Trump AI adviser Dean Ball is joining OpenAI to lead a new team called Strategic Futures, focused on frontier AI policy and internal governance — Dean Ball, who helped shape the Trump administration's early policies on AI, is heading to OpenAI, he told Axios exclusively.| Anhata Rooprai / Reuters: |
Accenture says it will buy a majority stake in Dragos and fully acquire runZero and NetRise in a combined deal for the cybersecurity startups valued at $4.18B — Consultancy firm Accenture (ACN.N) said on Thursday it will buy a majority stake in Dragos and fully acquire runZero and NetRise in a combined deal valued at $4.18 billion.| Bloomberg: |
Sources: as early as next week, the EU is set to unveil its preliminary findings that AWS and Azure seem to meet the criteria for regulation under the DMA — Microsoft Corp.'s Azure and Amazon Web Services are on a collision course with the European Union's tough digital competition rulebook … | Saritha Rai / Bloomberg: |
A PwC study suggests that AI is rewarding companies that use it to enhance human skills, while leaving those that use it merely to cut costs further behind — Artificial intelligence is pulling the global labor market in two opposite directions, rewarding companies that use AI to enhance human skills …
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Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
The hidden gaps in your sanctions screening process and how to close them — This is a guest post by Trademo.A widespread scenario that plays out more often than most businesses realise: a new dealer is onboarded …
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.
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