Techmeme
June 25, 2026, 10:15 AM

Top News

Rolfe Winkler / Wall Street Journal:
Mark Gurman / Bloomberg:
Apple says “the rapid expansion of AI data centers has created an extraordinary surge in demand for memory and storage”; the MacBook Neo rises from $599 to $699  —  Apple Inc. took the extreme measure of raising prices of Macs, iPads, home devices and the Vision Pro on Thursday …
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” …
Jeanny Yu / Bloomberg:
Alibaba's Hong Kong stock closed down 4.43% after Anthropic accused Alibaba of “illicitly” accessing its AI models, down 36.24% YTD; Xiaomi and Baidu fell ~2%  —  Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of …
More: BBC
Don Clark / New York Times:
Kif Leswing / CNBC:
Reuters:
Aisha Malik / TechCrunch:
Facebook brings back Facebook Creator Studio as a stand-alone app with a 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 up, to 84.9%, above est., and forecasts Q4 revenue above est.; MU jumps 15%+  —  Micron's revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued …
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 …
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
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 …
More: ThurrottX: @alexsjacquez
Lily Mae Lazarus / Fortune:
Sail, whose software optimizes how AI models run on existing chips, emerges from stealth with $80M in seed and Series A led by Kleiner at a $450M valuation  —  For months, Kleiner Perkins partner Aditya Naganath had been mulling over his investing thesis that the next wave of AI wasn't going to be a chatbot …
More: FinSMEs
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 …
More: Silicon UK
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.

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Earlier Picks

Jack Healy / New York Times:
Bobby Allyn / NPR:
Bloomberg:
Mateo Quiros / The Keyword:
Reuters:
Thomas Claburn / The Register: