Techmeme
June 23, 2026, 9:09 AM

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.
Bloomberg:
Sources: Tencent is negotiating exits from minority investments in game studios in Japan, such as Tokyo-traded Marvelous, as it reassesses its global portfolio  —  Tencent Holdings Ltd. is negotiating exits from several game studio investments in Japan, including Tokyo-traded Marvelous Inc. …
Mark Gurman / Bloomberg:
Meta unveils Meta Adventurer and Fury glasses, each priced at $299, its first under its own brand, and a $399 Starfire model in partnership with Kylie Jenner  —  The company is also considering camera-free models in the future.  —  Meta Platforms Inc., which helped popularize smart glasses …
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 …
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
Wall Street Journal:
How Sam Altman's 80+ personal investments, many from his time running 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
Don Clark / New York Times:
Top500: China's Arm-based LineShine passes the US' El Capitan by 20%+ as the world's fastest supercomputer, the first time China has taken 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.
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:
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
Wired:
Meta says it is pausing its employee-tracking program meant for training AI models after internal security issues exposed sensitive data from employees' laptops  —  Employees had previously raised concerns about the initiative, which involves collecting workers' keystroke data to train AI models.
Juro Osawa / The Information:
ByteDance unveils Seedance 2.5, saying the AI video model can generate up to 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.
Samantha Subin / CNBC:
SpaceX announces a senior unsecured notes offering and says it has ~$100.8B in cash; SPCX closed down 16.43% on June 22 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:

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Earlier Picks

Brody Ford / Bloomberg:
Lily Hay Newman / Wired:
Bloomberg:
Kerry Flynn / Axios:
Katie Kilkenny / The Hollywood Reporter:
Kevin Crowley / Bloomberg: