| 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 … | Financial Times: |
OpenAI debuts at Cannes Lions, pitching its new ChatGPT ad business and Codex to marketers, as it tries to build a multibillion-dollar business ahead of its IPO — Lossmaking AI group is presenting at Cannes Lions advertising conference for the first time — OpenAI is making its debut … | 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 … | 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| 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.| 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 … | 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: |
| 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: |
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.
How to Build Your Agentic Data Foundation with Zoho Analytics and Zoho DataPrep — Parts 1 and 2 covered why agents need a data foundation and what the right architecture looks like.
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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| Brody Ford / Bloomberg: |
| Echo Wang / Reuters: |
| Lily Hay Newman / Wired: |
| Kerry Flynn / Axios: |
| Katie Kilkenny / The Hollywood Reporter: |
| Kevin Crowley / Bloomberg: |