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June 22, 2026, 5:15 PM
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WeSmirchTop News
| Kurt Wagner / Bloomberg: |
Meta invests $900M into Indian fintech Cred for a ~20% stake, and plans to appoint Cred founder Kunal Shah as the leader of WhatsApp, replacing Will Cathcart — Meta Platforms Inc. is investing $900 million into Indian fintech startup Cred, with plans to appoint its founder, Kunal Shah, the new leader of WhatsApp.
More: Reuters, Moneycontrol, UPI, Finimize, Financial Times, The American Bazaar, WABetaInfo, The Economic Times, Gulf News, Hindustan Times, Livemint, The Hindu BusinessLine, TechCircle, The Information, The Hindu, Dow Jones Newswires, BBC, The Next Web, Digit, Business Standard, EasternEye, Vanguard News, TechCrunch, Inc42, The Indian Express, ANI News, BMI, The Tech Portal, The Verge, Yahoo Finance, Business Today, Blockonomi, Fortune India, iPhone in Canada, CNBC, MediaNama, and Entrackr
X: @wcathcart, @gokulr, @briannorgard, and @chandrarsrikant. LinkedIn: Kurt Wagner. Bluesky: @kurtwagner. Facebook: Mark Zuckerberg
| Ben Fritz / Wall Street Journal: |
Google invests in independent movie studio A24 as part of a new AI partnership; sources say Google is investing ~$75M, roughly equal to Thrive's 2024 investment — Search giant is putting about $75 million into the film company as part of an artificial-intelligence research partnership
More: The Keyword, TechCrunch, Gizmodo, Los Angeles Times, Decrypt, Reuters, MarketWatch, Digital Trends, The Verge, The A.V. Club, How-To Geek, The Next Web, DualShockers, Inc.com, Screen, IndieWire, San Francisco Business Times, Hindustan Times, The Hollywood Reporter, The Wrap, Consequence, Sherwood News, Far Out Magazine, Proactive, Showbiz411, Yahoo Finance, World of Reel, Variety, /Film, and The Decoder
X: @scottbelsky, @benfritz, and @googledeepmind
LinkedIn: Helena Malikova and Ben Fritz
Bluesky: @cara.city, @sturobson.com, @seldo.com, and @stevekovach
Forums: r/singularity, r/TheBigPicture, r/A24, r/movies, r/aiwars, r/antiai, r/DefendingAIArt, r/boxoffice, and Slashdot
| Samantha Subin / CNBC: |
SpaceX announces an offering of senior unsecured notes and discloses it has ~$100.8B in cash; SPCX closes down 16.43% in its third consecutive losing session — SpaceX on Monday announced a senior unsecured notes offering and disclosed about $100.8 billion in cash.| Deirdre Bosa / CNBC: |
More: Gizmodo, Reuters, Forbes, Benzinga, TechCrunch, The Tech Portal, Coinpaper, Futurism, TESLARATI, Hindustan Times, Axios, ZeroHedge News, Yahoo Finance, Bloomberg, and Motley Fool
Forums: r/SpaceXLounge, r/wallstreetbets, and r/technology
| Jay Peters / The Verge: |
Valve says Steam Machine, its new living room-friendly PC, will start at $1,049 for the 512GB base model, and go on sale starting June 29 — You can register your interest starting today, and the first emails letting people buy one will go out on June 29th.
More: IGN, Digital Foundry, Game Developer, CNET, Windows Central, Ars Technica, VideoCardz.com, Thurrott, PCWorld, Tom's Hardware, GamesIndustry.biz, 9to5Toys, BGR, Neowin, Comic Book, TheGamer, Rock, Paper, Shotgun, PC Gamer, The Shortcut, TechRaptor, DayOne, Game Informer, Push Square, Polygon.com, Retro Handhelds, GamingBolt, Video Games Chronicle, ScreenRant, and Kotaku
Bluesky: @wario64, @jaypeters.net, and @mathewolson.com
| Sean Hollister / The Verge: |
Valve Steam Machine review: much smaller than PS5, surprisingly smooth, and navigable with any modern gamepad but very expensive and needs manual configuration — My first day with the Steam Machine was a mess. Instead of enjoying a worry-free game console, I spent hours troubleshooting what felt like a finicky PC.
More: The Verge, Aftermath, XDA Developers, IGN, IGN, PCWorld, Gizmodo, Windows Central, Bloomberg, Tom's Hardware, PC Gamer, Comic Book, Eurogamer.net, Push Square, Polygon.com, Digital Trends, 80 Level, Kotaku, Notebookcheck, TechRadar, T3, Linuxiac, Mashable, Game Sandwich, iPhone in Canada, The Game Post, and Ubergizmo
Bluesky: @davidpierce.xyz, @aftermath.site, @antlervel.vet, @atherton, @lars, @nickstatt, and @seanhollister
Forums: r/macgaming, r/hardware, r/pcgaming, r/linux_gaming, and r/Steam
| Bloomberg: |
Getty Images signs a licensing deal with OpenAI, letting its image library appear in ChatGPT's search and discovery tools; GETY jumps 90%+ and is down 10%+ YTD — Shares of stock-photo company Getty Images Holdings Inc. soared as much as 145% on Monday after it announced a licensing deal with OpenAI.
More: Getty Images Press Site, Forbes, Benzinga, Bloomberg Law, The Decoder, Engadget, Yahoo Finance, CNN, The Next Web, Proactive, ZeroHedge News, Blockonomi, PetaPixel, Fast Company, iThinkDifferent, Digital Trends, and heise online
X: @citrini and @gettyimages
LinkedIn: Paul Melcher, Craig Peters, and Ty Washington
| Lily Hay Newman / Wired: |
OpenAI unveils an updated GPT-5.5-Cyber model, launches the Patch the Planet initiative in partnership with Trail of Bits to fix open source bugs, and more — Amid concerns about AI models' cybersecurity capabilities, OpenAI revealed an improved version of GPT-5.5-Cyber and its “Patch the Planet” …
More: OpenAI, Axios, Benzinga, Unite.AI, and The Trail of Bits Blog
| Kerry Flynn / Axios: |
Sources: marketing tech startup AppsFlyer raised a $1B Series E at a $2.7B post-money valuation; Moloco, Google, Meta, and Unity acquire minority stakes — AppsFlyer has raised more than $1 billion in Series E funding at a $2.7 billion post-money valuation, Axios has learned from sources familiar with the financing.
More: Mobile Dev Memo, Crunchbase News, GamesBeat, CTech, Mobilegamer.biz, PocketGamer.biz, and Freshfields
X: @eric_seufert, @oliviaakory, and @aripap
LinkedIn: Olivia Kory, Kerry Flynn, and Ben Billingsley
| Carl Franzen / VentureBeat: |
Sakana AI launches Fugu, a multi-agent orchestration system accessible through a single model API, claiming Fugu Ultra matches Fable and Mythos on benchmarks — Last night, the increasingly enterprise-focused AI startup Sakana launched Fugu, a multi-agent orchestration system … | Sarah Basford Canales / The Guardian: |
In a joint statement, Five Eyes agencies warn AI models capable of taking down governments and businesses are mere months away, urging leaders to “act now” — Signal agencies in Australia, the US, the UK, New Zealand and Canada sound alarm after Trump blocks foreign nationals from Anthropic's Fable AI model
More: iTnews, Gizmodo, CISA, Inc.com, ComputerWeekly.com, and Metro.co.uk
X: @northead and @suchenzang
Bluesky: @itsascam, @johnspurlock.com, and @carnage4life
Forums: r/geopolitics, r/technology, and r/worldnews
| Ryan McMorrow / Financial Times: |
Bain says it uses AI coding tools to recreate pieces of target companies' software, making hundreds of rough prototypes in recent years as part of due diligence — Private equity groups swiftly recreate software products to gauge their competitive advantages
More: The Decoder and Pulse 2.0
X: @chamath and @pumpcapitalllc. LinkedIn: Michael Nielsen. Bluesky: @carnage4life. Forums: Hacker News
| Katie Kilkenny / The Hollywood Reporter: |
Instagram is testing horizontal video on Instagram for TV, plans to experiment with longer-form storytelling and episodic series, and launches on Samsung TV — The Meta-owned company is going decidedly retro by experimenting with time-honored video formats with its creators.| Echo Wang / Reuters: |
Sources: Vimeo owner Bending Spoons seeks to raise ~$1.62B in a US IPO, selling 58M shares at $26 to $28 apiece, at a valuation of $19B at the top of the range — Bending Spoons, an Italian technology company that acquires and revamps software businesses, is seeking to raise as much as $1.62 billion … | Kevin Crowley / Bloomberg: |
Chevron signs a 20-year deal with Microsoft to provide natural-gas power for a proposed West Texas data center, which could be one of the biggest in the US — Chevron Corp. signed a 20-year deal with Microsoft Corp. to provide natural-gas fired power for a proposed West Texas data center, which could be one of the biggest in the US.
More: chevron.com, Reuters, TechCrunch, The Economic Times, Financial Times, The Next Web, Houston Business Journal, Houston Chronicle, Wall Street Journal, DatacenterDynamics, Yahoo Finance, Motley Fool, Neowin, Barron's Online, CNBC, Dow Jones Newswires, TheEnergyMag, ZeroHedge News, Blaze Media, NERDS.xyz, energynews.pro, World Oil, Washington Examiner, and TheStreet
LinkedIn: Carolina Dybeck Happe, Noelle Walsh, and Chevron New Energies
| Wired: |
Sources: Meta internally exposed data from its employee-tracking program meant to help train its AI models, including full prompts and private conversations — Employees had previously raised concerns about the initiative, which involves collecting workers' keystroke data to train AI models.| Ben Weiss / Fortune: |
Crypto trading app Fomo raised a $75M Series B led by Index at a $550M valuation, taking its total funding to ~$94M, and claims to add 3,500 new users per day — Two established investors are feeling crypto FOMO. Index and Union Square Ventures have backed the crypto startup Fomo …
More: fomo, The Block, The Crypto Times, Index Ventures, FinSMEs, and Cointelegraph
| Kimberley Kao / Wall Street Journal: |
SK Hynix overtakes Samsung to become South Korea's most valuable company, closing up 5.6% for a ~$1.4T market cap; South Korea's Kospi index is up 117% YTD — The South Korean memory-chip maker's market capitalization hit $1.362 trillion — Memory-chip maker SK Hynix has overtaken Samsung Electronics … | Allyson Versprille / Bloomberg: |
Air Space Intelligence won an $875M, 12-year FAA contract to develop AI tools that map flight trajectories and identify areas of congestion to reduce delays — Air Space Intelligence Inc. won a US government contract to develop artificial intelligence technologies for managing flight traffic … | Bloomberg: |
Alphabet shares close down 5% on Monday following the departure of Google DeepMind VP John Jumper, the company's second top AI executive to leave in a week — Alphabet Inc. shares tumbled on Monday following the departure of another high-profile artificial intelligence leader to a rival.
More: MarketWatch, Pulse 2.0, Barron's Online, Proactive, Yahoo Finance, Blockonomi, The Rundown AI, Deadline, and The Information
X: @firstadopter, @thierryborgeat, and @firstadopter
| Zsana Hoskins / Bloomberg: |
Groq raised $650M led by Disruptive and Infinitum after its Nvidia deal, aiming to hit 200 MW in capacity by the end of 2027, following a $750M raise in 2025 — Groq Inc. raised $650 million in a new funding round aimed at expanding its data center capacity and helping the one-time chip startup become …
More: TechCrunch, SiliconANGLE, and Groq
| Ian King / Bloomberg: |
Nvidia unveils Halos, a safety-focused OS developed from autonomous vehicle tech and designed to run on IGX Thor hardware for humanoid robots, and opens a lab — Nvidia Corp. is working to make humanoid robots safer around people, arguing that they'll need to handle split-second decisions … | Stephen Nellis / Reuters: |
Netherlands-based Nearfield Instruments, which makes atomic force microscopes to measure chip features, raised $380M led by Fidelity at a $1.6B valuation — Nearfield Instruments, a Netherlands-based firm whose machines help measure the features on advanced semiconductors …
More: SiliconANGLE, Pulse 2.0, DutchNews.nl, Startup.eu, FinSMEs, Ventureburn, Seoul Economic Daily, Tech.eu, and Finimize
| Wataru Suzuki / Nikkei Asia: |
China adds 10 US companies, including MP Materials and Teal Drones, to its export controls and bans government purchases from 46 US companies, including Anduril — BEIJING — China on Monday announced new restrictions on exports and government procurement targeting dozens of American companies … | Financial Times: |
JD.com founder Richard Liu says robots will replace the company's 700K delivery workers “sooner or later”, and it will help retrain them in robot maintenance — China's rapid adoption of technology threatens millions of gig-economy jobs, policymakers fear| Wall Street Journal: |
Satya Nadella says the public wouldn't tolerate a few AI labs “doing all of the learning for the world”, as Microsoft moves to provide low-cost models and tools — In interview, Microsoft's CEO offers a blistering critique of AI power balance and calls for earning society's permission
More: CNBC, Fox Business, Implicator.ai, New York Post, Futurism, ZeroHedge News, Blockonomi, International Business Times, Tech Times, PR Daily, Free Systems, Business Today, and Digit
X: @quinnypig and @dshaywitz
| Kim Su-jeong / CHOSUNBIZ: |
Samsung rolls out ChatGPT Enterprise and Codex to all South Korean staff and global DX division staff; OpenAI calls it one of its largest enterprise deployments — OpenAI said on the 22nd that it will supply ChatGPT Enterprise and the AI-based work automation platform “Codex” …
More: OpenAI, Ghacks, Tech Times, SammyGuru, SamMobile, People Matters, The Korea Times, RuntimeWire, Notebookcheck, The Decoder, Seoul Economic Daily, and The Asia Business Daily. Forums: r/OpenAI
| Vivian Salama / The Atlantic: |
A look at JD Vance's “AI doctrine”, which combines pro-innovation VC principles, worker protections, and concerns about power concentration in dominant AI labs — The vice president is making a case that is part Silicon Valley, part MAGA. — In early 2025, j. d. vance paid … | Lily Mae Lazarus / Fortune: |
Upscale, which is building AI networking infrastructure to rival Cisco, raised a $190M Series A-1 at a $2B valuation, up from $1B after raising $200M in January — Every time computing has fundamentally changed, a new networking company has risen with it. When PCs started connecting …
More: PYMNTS, Reuters, Ventureburn, Salesforce Ventures, Pulse 2.0, Yahoo Finance, and VC News Daily. LinkedIn: Sean Sang Sub Lee
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