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Techmeme
June 25, 2026, 10:00 AM
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Top News

Rolfe Winkler / Wall Street Journal:
Apple raises Mac, iPad, and other product prices by 15%-25%, saying it has “never seen a component price increase this much, this quickly”; iPhone is unchanged  —  Increases come a week after Tim Cook said higher memory costs made them ‘unavoidable’
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” …
Don Clark / New York Times:
IBM details a 0.7nm chip manufacturing process that utilizes a “nanostack” 3D transistor architecture, which it says could continue 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 more power-efficient data center CPU built for agentic AI, and says Meta will use it when Qualcomm starts production in 2028
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
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 …
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: Thurrott.  X: @alexsjacquez
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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From Mediagazer

Ethan Gach / Kotaku:
Valnet agrees to a $2M settlement to end a 2023 suit accusing it of misclassifying some workers as contractors rather than full-time employees to deny them pay

Denise Petski / Deadline:
Amazon Prime Video sets November 20 for the premiere of “Melania, The Series”, the two-episode follow-up to Brett Ratner's “Melania” documentary

Payton Turkeltaub / Variety:
Trump has offered UFC CEO Dana White the press secretary job and asked him to bring six UFC figures as assistants “even though some are not from our Country”

More News

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

Earlier Picks

Jack Healy / New York Times:
Utah Senate President J. Stuart Adams, who championed a huge data center beside the Great Salt Lake, lost his Republican primary on Tuesday after voter backlash
Bobby Allyn / NPR:
Documents: Meta's planned prediction markets app will use Meta AI models to generate questions from trending topics, make recommendations, and resolve markets
Bloomberg:
Sources: Google AI researchers Jonas Adler and Alexander Pritzel, both viewed internally as key contributors to Gemini, are planning to leave for Anthropic
Mateo Quiros / The Keyword:
Google makes computer use available in Gemini 3.5 Flash via the Gemini API and Gemini Enterprise Agent Platform, succeeding the Gemini 2.5 computer use model
Reuters:
Binance says it will make a fresh push for permission to operate in the EU after Greece rejected its MiCA license application before the June 30 deadline
Thomas Claburn / The Register:
Nature publishes a peer-reviewed paper alleging that Microsoft's 2025 quantum breakthrough claims were based on “basic Python errors” and data cherry-picking
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