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June 25, 2026, 7:05 AM
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| Maggie Eastland / Bloomberg: |
Sources: in a letter to US officials, Anthropic accused Alibaba of adversarial distillation, accessing Claude 28.8M times from April to June via ~25K accounts — Anthropic PBC accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” … | Don Clark / New York Times: |
IBM details a 0.7nm chip manufacturing process that utilizes a “nanostack” 3D transistor architecture, which it says can maintain chip innovation for 10 years — Industry leaders had worried that innovations in chip miniaturization were no longer possible.| Kif Leswing / CNBC: |
Qualcomm unveils Dragonfly C1000, a new data center CPU built for agentic AI, and says Meta will use the chip when production starts in 2028 — Qualcomm shares jumped 15% in extended trading on Wednesday after the chipmaker said non-handset revenue in fiscal 2029 will be $40 billion, up from a prior forecast of $22 billion.| Financial Times: |
Sources: Kalshi is in talks to raise funding at a ~$40B valuation in a round that may close as soon as Q3; Kalshi raised $1B at a $22B valuation in May 2026 — Rapidly growing company is increasingly challenging established derivatives and betting rivals — Kalshi is in talks to raise funds …
More: Decrypt, Yahoo Finance, The Block, crypto.news, CoinGape, The Crypto Times, CoinDesk, CNBC, Cointelegraph, and Sports Business Journal
| Aisha Malik / TechCrunch: |
Facebook brings back Facebook Creator Studio as a stand-alone app with built-in AI chatbot to help creators grow their audiences through personalized guidance — Facebook announced on Wednesday that it's reimagining its Creator Studio tool as a standalone AI companion app designed … | Kif Leswing / CNBC: |
Micron reports Q3 revenue up 346% YoY to $41.46B, above $35.84B est., gross margin above est., and forecasts Q4 revenue above est.; MU jumps 14%+ pre-market — Micron's revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued … | Financial Times: |
A profile of incoming WhatsApp CEO Kunal Shah, who studied philosophy in Mumbai, advised Sequoia India, and joins a growing pool of Indian-born tech executives — Kunal Shah has experience in building transaction platforms and insights into emerging markets
More: Business Today, Reuters, The Indian Express, Gulf News, WABetaInfo, and Moneycontrol
| Wall Street Journal: |
TRM Labs: Iran-linked crypto wallets, including those tied to Iran's central bank, have moved $3.84B+ in transactions through crypto exchange CoinEx since 2019 — Iranian entities have moved more than $3.84 billion in transactions through the crypto exchange CoinEx, according to an analysis of public blockchain data
More: TRM Insights, The Crypto Times, crypto.news, The Block, Cointelegraph, and crypto.news
| Tina Li / Wall Street Journal: |
Mirendil, founded by former Anthropic researchers and seeking to build self-improving AI for open-source developers, raised a $200M seed at a $1B valuation — Mirendil raises $200 million from Andreessen Horowitz and Kleiner Perkins to make AI that can do the job of an AI engineer| Bloomberg: |
Sources: Google AI researchers Jonas Adler and Alexander Pritzel, both viewed internally as key contributors to Gemini, are planning to leave for Anthropic — Two leading artificial intelligence researchers at Alphabet Inc.'s Google are planning to leave for rival Anthropic PBC …
More: The Next Web, The Decoder, Silicon UK, The Daily Upside, Neowin, and TechCrunch
| Bloomberg: |
The Netherlands is lobbying the US not to expand chip equipment export controls that would constrain ASML's ability to sell immersion DUV machines to China — The Netherlands is lobbying the US to not expand export controls on semiconductor equipment, a move that would constrain ASML Holding NV's ability to sell to China.| Bloomberg: |
Digital advocacy firms like CiviClick and Influent appear to use AI to generate mass public comments on local energy projects, mostly favoring fossil fuel use — From California to North Carolina, officials weighing policy changes are being inundated with comments via platforms that tout AI capabilities.
More: Political Wire and Bloomberg Law
| Samuel Stolton / Bloomberg: |
Preliminary findings: the EU says Azure and AWS are “the largest and second largest” cloud services in the EU, as the bloc weighs up tougher DMA oversight — Microsoft Corp.'s Azure and Amazon Web Services face tough European Union guardrails after regulators said they should be targeted by the bloc's Digital Markets Act.
More: Wall Street Journal, Reuters, and European Commission
| Brock E.W. Turner / Axios: |
Trase, which is building an operating system and infrastructure layer for AI agents in industries like health care and defense, raised a $107M seed led by Arch — Trase, an AI operating system company, has raised $107 million in seed funding led by Arch Venture Partners, CEO Grant Verstandig tells Axios Pro exclusively.
More: The SaaS News, The Information, and Washington …
| Financial Times: |
How risk modelers like Fathom and Verisk are using AI and diffusion models to bypass the limits of physics-based “cat” models to predict natural disasters — Catastrophe scientists are pushing past the limits of physics-based models, improving how insurers calculate risk
LinkedIn: Alberto Canal and Andrew Smith
| Lydia DePillis / New York Times: |
OpenAI, Anthropic, Amazon, Microsoft, and others launch Raise Us, a new non-profit led by ex-Commerce Secretary Gina Raimondo to help US workers adapt to AI — OpenAI, Anthropic, Amazon and Microsoft have signed on to an effort led by Gina Raimondo, a former commerce secretary.
More: Associated Press and Semafor
| Financial Times: |
As China's working-age population shrinks, a consensus is emerging that it must deploy embodied AI robots into as many tasks as possible, as soon as possible — The country's workforce is set to fall to 300mn by the end of the century. Beijing wants humanoids to narrow the labour gap.| Heather Landi / Fierce Healthcare: |
Assort Health, which develops AI voice agents for health care to handle scheduling and more, raised a $120M Series C led by Menlo Ventures at a $1.2B valuation — Assort Health Menlo Ventures agentic AI voice AI — Assort Health picked up $120 million in series C funding …
More: The SaaS News, Assort Health, HIT Consultant, Menlo Ventures, FinSMEs, Forbes, and Pulse 2.0
| Cheng Ting-Fang / Nikkei Asia: |
Arm EVP Mohamed Awad says its chip architecture now accounts for 50%+ of the hyperscale cloud computing market, as AI demand transforms the data center industry — TAIPEI — SoftBank-backed chip designer Arm says it has hit a milestone in its decades-long challenge to Intel and AMD … | Bloomberg: |
NAND flash maker Kioxia, Japan's most valuable company since June 12, plans to offer US depositary shares in spring 2027 amid AI-driven demand for memory chips — Kioxia Holdings Corp. plans to offer US depositary shares in the spring of 2027 and a stock split to take advantage of runaway demand …
More: Seoul Economic Daily and DigiTimes
| Wall Street Journal: |
How Larry Ellison's $45M donation to a group supporting President Trump brought Ellison deeper into Trump's circle, helping Oracle and his son's WBD acquisition — The billionaire's private friendship with the president has helped Oracle's business and his son's media conglomerate| Mateo Quiros / The Keyword: |
Google says computer use is now a built-in tool supported in Gemini 3.5 Flash, available via the Gemini API and Gemini Enterprise Agent Platform — Computer use is now a built-in tool in Gemini 3.5 Flash to build agents that can interact across platforms.
More: The Decoder, Neowin, The Next Web, 9to5Google, and NPowerUser
X: @osanseviero, @trycua, @rseroter, @_philschmid, and @googleaistudio
Forums: Hacker News and r/Bard
| Ana Maria Constantin / The Next Web: |
Paris-based Tsuga, whose observability software runs in customers' own clouds to help them skip per-byte ingestion costs, raised a $35M Series A led by Singular — Tsuga, a Paris startup building observability software for the age of AI agents, has raised a $35m Series A …
More: EU-Startups, Silicon Republic, Tsuga, and Pulse 2.0
| Duncan Riley / SiliconANGLE: |
Coval, which develops simulation and evaluation tech for testing, launching, and monitoring AI voice and chat agents, raised a $28M Series A led by Norwest — Voice artificial intelligence testing startup Coval Inc. revealed today that it has raised $28 million in new funding to expand …
More: FinSMEs, Coval, Axios, Tech Funding News, and RuntimeWire
| Duncan Riley / SiliconANGLE: |
New Zealand-based Partly, which develops an AI model for the auto parts industry, raised a $50M Series B led by DST at a $500M valuation, as it enters the US — Partly Group Ltd., a New Zealand startup using artificial intelligence to change up the automotive parts business …
More: Unite.AI, Tech Funding News, Austin American-Statesman, FinSMEs, The SaaS News, Partly, The Real Deal, and Pulse 2.0
LinkedIn: Partly and Levi Fawcett
Sponsor Posts
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Sources:
Marc Benioff on the AI boom, SaaSpocalypse, and future of Slack
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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