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Techmeme
June 22, 2026, 3:30 PM
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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.
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.
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.
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.
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
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
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.  Bluesky: @carnage4life.  Forums: Hacker News
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.
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” …
Samantha Subin / CNBC:
SpaceX announces a senior unsecured notes offering and discloses that it has about $100.8B in cash; SPCX drops 8%+  —  - SpaceX launched an inaugural bond sale days after its blockbuster IPO … SpaceX on Monday announced a senior unsecured notes offering and disclosed about $100.8 billion in cash.
Deirdre Bosa / CNBC:
SpaceX signs a computing deal worth up to $6.3B with Reflection AI for access to Nvidia GB300s at Colossus 2; Reflection will pay $150M per month through 2029
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
More: TechCrunch.  X: @jimpethokoukis.  Bluesky: @lorenzofb.  Mastodon: @lorenzofb@infosec.exchange
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.
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 …
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
Bloomberg:
Alphabet stock fell as much as 7.2%, the most intraday since February, after Google DeepMind VP John Jumper became its second top AI exec to leave in a week  —  Alphabet Inc. shares tumbled on Monday following the departure of another high-profile artificial intelligence leader to a rival.
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” …
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 …

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This is a Techmeme archive page. It shows how the site appeared at 3:30 PM ET, June 22, 2026.

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From Mediagazer

Upmanyu Trivedi / Bloomberg:
The UK Competition and Markets Authority clears Paramount's takeover of WBD, saying “after the merger, Paramount will continue to face sufficient competition”

The Wrap:
The FCC votes to repeal the national broadcast ownership cap and replace it with a case-by-case review, approving the measure by a 2-1 margin

Lucas Manfredi / The Wrap:
WBD reports Q2 revenue down 11% YoY to $8.72B, below $9.21B est., net income down 91%, ad revenue down 22%, content revenue down 26%, streaming revenue up 10%

More News

Earlier Picks

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
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