| Kurt Wagner / Bloomberg: |
Meta invests $900M into Indian fintech startup Cred, and plans to appoint Cred founder Kunal Shah as the new 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.| Mark Bergen / Bloomberg: |
Getty signs a licensing deal with OpenAI, letting its image library appear in ChatGPT's search and discovery features; GETY jumps 150%+ pre-market — Shares of Getty Images Holdings Inc. jumped about 200% in premarket trading on Monday after the photography repository announced a licensing deal with OpenAI.| 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| 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| 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| 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” … | 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| 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 … | Luz Ding / Bloomberg: |
Tencent starts testing its new Xiaowei AI assistant powered by WeLM and DeepSeek models in its WeChat app in China, in an effort to catch up in the AI race — 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.| 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.| Kimberley Kao / Wall Street Journal: |
SK Hynix passes 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 … | 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 … | Catherine Thorbecke / Bloomberg: |
S&P and IBM: 22% of global cyberattacks in 2024 hit Japan, the most targeted country, as it scrambles to improve its substandard systems against AI threats — Masayoshi Son isn't known for understatement. So when the SoftBank Group Corp. founder gathered business leaders in Tokyo to warn of the … | 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 … | 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.| Eli Rosenberg / The Information: |
A profile of Sarah Polcz, the UC Davis law professor that Bernie Sanders' team consulted while developing his AI sovereign wealth fund proposal — A couple of weekends ago, Sarah Polcz, a University of California, Davis, law professor, and her husband, Adam Brown, a top scientist at Google's DeepMind …
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
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.
Dear future presenter: A letter from 20 years of Zoho Show — Dear future presenter,There is a good chance you are reading this with a deadline approaching.Maybe you are preparing for a pitch, refining a quarterly review …
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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| Mark Gurman / Bloomberg: |