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June 22, 2026, 10:05 AM
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| 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, The Economic Times, Hindustan Times, Business Standard, Moneycontrol, Livemint, Inc42, and ANI News
| Mark Bergen / Bloomberg: |
Getty Images signs a licensing deal with OpenAI, letting its image library appear in ChatGPT's search and discovery features; GETY jumps 120%+ and is up 5%+ YTD — Shares of Getty Images Holdings Inc. jumped about 200% in premarket trading on Monday after the photography repository announced a licensing deal with OpenAI.| 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: Tech Times, Digit, Blockonomi, Business Today, Free Systems, and Memeburn
| 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| Clara Murray / Financial Times: |
Analysis: Anthropic may have talked its way into an export ban, as its 2026 statements and social media posts used 8x more AI risk-related terms than OpenAI — FT analysis shows company warned about dangers of advanced AI far more than rival OpenAI this year| Sarah Basford Canales / The Guardian: |
In a rare joint statement, Five Eyes leaders 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| 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 … | 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, People Matters, RuntimeWire, The Korea Times, SammyGuru, Seoul Economic Daily, SamMobile, The Asia Business Daily, The Decoder, NERDS.xyz, and Notebookcheck. Forums: r/OpenAI
| 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| Luz Ding / Bloomberg: |
Tencent starts testing Xiaowei, its new AI assistant powered by WeLM and DeepSeek models, in its WeChat app in China, as part of its efforts to catch up in AI — Tencent Holdings Ltd. has started testing a new AI assistant for WeChat as part of its efforts to catch up with peers in China's white-hot artificial intelligence race.
More: The Next Web, CNBC, Blockonomi, Silicon Republic, and Tech in Asia
| Suzi Ring / Financial Times: |
UK-based AI law firm Garfield, which received regulatory approval in 2025, wins a case in the English courts for the first time; the case focused on unpaid fees — Freelancer paid about £400 for technology to draft documents for £7,000 claim — An AI law firm that uses technology instead … | 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 … | Brock E.W. Turner / Axios: |
NYC-based Prosper AI, whose health care AI tool is designed to answer patient phone calls, raised a $30M Series A led by a16z, for $35M in total funding — Prosper AI, a health care administration agent company, raised $30 million in Series A funding led Andreessen Horowitz, co-CEO Xavier de Gracia tells Axios Pro exclusively.
More: The Next Web, a16z, and Tech Funding News
| Ian King / Bloomberg: |
Nvidia unveils Halos, a new safety-focused OS derived from autonomous vehicle tech, 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 …
More: SiliconANGLE, FORT Robotics, and Fox News
| 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 … | Catherine Thorbecke / Bloomberg: |
S&P and IBM: 22.4% of global cyberattacks in 2024 hit Japan, the most targeted country, as it tries to improve its legacy IT systems against AI-powered threats — Masayoshi Son isn't known for understatement. So when the SoftBank Group Corp. founder gathered business leaders in Tokyo to warn of the … | Bloomberg: |
Analysis: Taiwanese car display chip maker Himax, which makes driver integrated circuits for Ferrari, VW, and others, nets its founders a $1B combined net worth — Biing-seng Wu has spent most of his career developing tiny chips that tell pixels on flat-screen displays how and when to light up.| Jordan Fitzgerald / Bloomberg: |
Electric bike rental company Lime is seeking to raise up to $180.9M in its US IPO, offering 6.7M shares at $24 to $26 each, giving it an up to $1.7B valuation — Lime, the electric bike and scooter rental firm backed by Uber Technologies Inc., and it shareholders are seeking to raise …
More: Finimize, Yahoo Finance, Reuters, and The Information
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