Techmeme
June 25, 2026, 8:40 AM

Top News

Maggie Eastland / Bloomberg:
Sources: in a letter to US officials, Anthropic accused Alibaba of adversarial distillation, using Claude 28.8M times from April to June via almost 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:
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.
Reuters:
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 …
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 …
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 …
Jacob Reid / Bloomberg:
Exponential View: global AI sales, excluding China, hit $25B in Q1, exceeding an estimated $21B in data center and chip depreciation costs; margins remain thin  —  Revenue from artificial intelligence has reached a tipping point, showing that the hundreds of billions of dollars tech companies …
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
Steven Rosenbush / Wall Street Journal:
Scaled Cognition, a reliability-focused lab that develops the Agentic Pretrained Transformer model, raised a $100M Series A led by Khosla at a $750M valuation  —  AI models can be ‘like schizophrenic geniuses,’ says CEO who raised $100 million in round led by Khosla Ventures
Jagmeet Singh / TechCrunch:
Hang Ten Systems, led by former Infosys CEO Vishal Sikka, launches with a $32M seed led by Mayfield to help enterprises use AI to run software at a lower cost  —  For decades, IT services firms made billions of dollars by allowing companies to outsource tech tasks like customizing, integrating, and maintaining enterprise software.
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 …
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.
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 …

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More News

Wall Street Journal:
Jack Healy / New York Times:

Earlier Picks

Bobby Allyn / NPR:
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Thomas Claburn / The Register: