| 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| Carl Franzen / VentureBeat: |
Sakana AI launches Fugu, a multi-agent orchestration system accessible through a single model 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's Steam Machine, its new living room Linux PC, will start at $1,049 for the 512GB base model without a controller, and will 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: |
| 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” … | 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.| Samantha Subin / CNBC: |
SpaceX announces an offering of senior unsecured notes and discloses it has ~$100.8B in cash; SPCX closes 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: |
| 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 an IPO — Lossmaking AI group is presenting at Cannes Lions advertising conference for the first time — OpenAI is making its debut … | 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| 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.| Gaby Del Valle / The Verge: |
Real estate professionals are increasingly using AI-powered virtual staging tools like Stuccco and BoxBrownie to create misleading house and apartment listings — “Virtual staging” might be able to cram a six-seater dining table into a studio apartment, but tenants can't.| Chris Gillett / Works in Progress Magazine: |
How the data center boom is exposing weaknesses in US power grids and what fixes the electricity infrastructure may need to become fit for the future — The AI buildout is bottlenecked by energy. But America has the electricity to power its data centers; the problem is getting it to them.| Bloomberg: |
Sources: Tencent is negotiating exits from several game studio investments in Japan, including 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. … | Echo Wang / Reuters: |
Sources: Vimeo owner Bending Spoons seeks to raise ~$1.62B in a US IPO, selling 58M shares at $26 to $28 apiece, at a valuation of $19B at the top of the range — Bending Spoons, an Italian technology company that acquires and revamps software businesses, is seeking to raise as much as $1.62 billion … | Patrick Temple-West / Financial Times: |
Eli Lilly plans to use its $7.3B cash reserve to fund an “App Store” for biotech scientists after launching a data center with 1,016 Blackwell chips in 2025 — Mounjaro maker is collaborating with small biotechs on AI as a tool for drug discovery| Evelyn Cheng / CNBC: |
Syntun: online sales during China's 618 shopping festival grew 4% YoY, a sharp drop from 15.2% growth last year, amid a persistent consumer spending slowdown — BEIJING — China's consumer spending slowdown persisted in June, with growth during one of the country's largest online shopping …
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: |
| Bloomberg: |
| Kerry Flynn / Axios: |
| Katie Kilkenny / The Hollywood Reporter: |
| Ben Weiss / Fortune: |
| Sarah Basford Canales / The Guardian: |
| Kevin Crowley / Bloomberg: |