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Techmeme
June 23, 2026, 8:30 AM
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Top News

Amrith Ramkumar / Wall Street Journal:
President Trump signs two executive orders aimed at speeding the development of advanced quantum computers and mitigating the security threats they present  —  Administration set an ambitious new 2028 target for a system that can conduct scientific research
Chloe Taylor / CNBC:
South Korea's tech-heavy Kospi index falls 10%, dragged down by SK Hynix and Samsung; STMicro and ASML fall ~7%, and US tech stocks fall in pre-market trading  —  Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street.
Carl Franzen / VentureBeat:
Sakana AI launches Fugu, a multiagent orchestration system accessible via an OpenAI-compatible 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 …
Jay Peters / The Verge:
Valve says the Steam Machine, its living room Linux PC, costs $1,049 for 512GB without a controller to $1,428 for 2TB with a controller, available from 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: small and quiet, runs PC games well on a TV, but nearly twice the price of a PS5 for PS5 performance and needs manual configuration
Guinevere Grant / Bloomberg:
Google plans a 12-week incubator, picking 10 to 20 AI startups from its “Xoogler” alumni and providing up to $350K in cloud credits and $100K in direct funding  —  Alphabet Inc.'s Google is backing a new incubator for former employees building artificial intelligence startups …
More: The Next Web
Don Clark / New York Times:
Top500: China's Arm-based LineShine surpasses the US' El Capitan by 20% to be the world's fastest supercomputer, the first time China takes the crown since 2017  —  A supercomputer in Shenzhen was declared the world's fastest.  It uses only standard microprocessors and not the special-purpose chips called graphics processing units.
Wired:
Meta says it is pausing its employee input tracking program after internal security issues exposed potentially sensitive data meant to train AI models  —  Employees had previously raised concerns about the initiative, which involves collecting workers' keystroke data to train AI models.
Wall Street Journal:
How Sam Altman's 80+ personal investments, many from his time at YC, benefit from ties to OpenAI; 10+ companies have discussed business deals with OpenAI  —  OpenAI CEO's holdings in Helion and other companies have seen significant upswings since the AI giant explored or sealed tie-ups with Altman-linked startups
Ben Weiss / Fortune:
New York-based crypto analytics startup Allium raised a $40M Series B led by Amplify Partners, with participation from Kleiner Perkins and others  —  Blockchains are public databases, but that doesn't mean they're legible.  Even experts struggle to read their complicated strings of letters, numbers, and transactions.
More: Blockonomi
Toby Sterling / Reuters:
The Netherlands joins the US-led Pax Silica initiative alongside South Korea and Japan to coordinate AI supply chains; Taiwan endorses it as a non-signatory  —  The Netherlands will join the Pax Silica group of U.S.-allied countries coordinating AI supply chains, the foreign ministry said on Tuesday …
More: Reuters
Juro Osawa / The Information:
ByteDance unveils Seedance 2.5 in Beijing, saying the AI video model can generate 30-second clips from up to 50 reference materials, up from 12 for Seedance 2.0  —  ByteDance on Tuesday unveiled Seedance 2.5, its new AI video generation model, at a conference in Beijing.
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
Cristina Criddle / Financial Times:
An interview with Nvidia VP of Healthcare Kimberly Powell on how AI can ease doctors' workloads, help address trained medical staff shortages, and more  —  The chipmaker's head of healthcare argues AI can ease many of the sector's ills, including reducing medics' workload and tackling the shortage of trained staff
Samantha Subin / CNBC:
SpaceX announces an offering of senior unsecured notes and discloses it has ~$100.8B in cash; SPCX closed 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:
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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:30 AM ET, June 23, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

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

Hannah Miller / Bloomberg:
Source: Paramount and the NFL have paused negotiations over a potential increase of 50%+ on CBS's $2.1B/year deal amid legal challenges to its WBD acquisition

Etan Vlessing / The Hollywood Reporter:
Lionsgate reports Q1 revenue up 48% YoY to $776.6M, vs. $693.1M est., net loss of $28.8M, vs. $109M a year earlier, adjusted OIBDA of $79.3M, vs. $65.5M est.

More News

Chris Gillett / Works in Progress Magazine:
How the data center boom is exposing weaknesses in US power grids, and a look at what fixes the electricity infrastructure may need to become fit for the future
Brody Ford / Bloomberg:
Filing: Oracle's global workforce fell by 21,000 employees in the past 12 months to 141,000 as of May 31; the company says AI adoption has led to reductions

Earlier Picks

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
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
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
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
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
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