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June 25, 2026, 1:30 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” …
OpenAI:
OpenAI and Broadcom unveil Jalapeño, an LLM-optimized inference chip developed from design to manufacturing tape-out in nine months, aided by OpenAI's models  —  - Early testing shows that the first-generation accelerator will deliver performance per watt substantially better than current state-of-the-art
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.
Lauren Goode / Wired:
Qualcomm says it will acquire Modular, which builds a chip software platform and has a proprietary coding language, in a nearly $4B deal set to close in H2 2026
Reuters:
Qualcomm expects $15B in data center chip sales by 2029, raises its non-handset chip revenue forecast to $40B by 2029, up from $22B; QCOM jumps 13%+ after hours
Kif Leswing / CNBC:
Micron reports Q3 revenue up 346% YoY to $41.46B, vs. $35.84B est., gross margin above estimates, and forecasts Q4 revenue above est.; MU jumps 14%+ after hours  —  Micron's revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued …
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.
Reuters:
Binance says it will make a fresh push for permission to operate in the EU after its MiCA license application in Greece failed ahead of the June 30 deadline  —  Crypto platform Binance intends to stay in the European Union and will make a fresh push for permission to operate there …
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.
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 …
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  —  Nature paper argues researchers cherry-picked data.  Redmond insists its work is sound
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  —  The upset of J. Stuart Adams represented one of the strongest examples of how the data center issue has affected elections.
Jeremy Kahn / Fortune:
Seltz, which is building a web search engine that can be used by AI agents, raised a $12.5M seed led by Speedinvest and B Capital  —  The rise of AI has rekindled the long-dormant search wars.  Chatbots and AI agents need to surface timely, relevant information about news and all kinds of products and services.
Hugo Lowell / Wired:
Sources: the Trump administration has been happier talking to Anthropic lately after Dario Amodei was replaced by cofounder Tom Brown in meetings about Fable 5  —  At high-stakes meetings with the White House, Anthropic's cofounder—a “weirdo,” per one official—has been replaced by cofounder Tom Brown.
More: Gizmodo, WinCentral, and RuntimeWire
Bluesky: @hugolowell and @katie-drummond.  Forums: r/Anthropic
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.
The Information:
SambaNova Executive Chairman Lip-Bu Tan says the AI chip startup is set to raise $800M to $1B, sources say at a ~$10B valuation, up from $2B in February  —  AI server chips that effectively compete with Nvidia's have never been more in-demand as AI developers and cloud providers seek lower-cost alternatives to the market leader.
Tom Phillips / IGN:
Rockstar says physical copies of GTA VI will contain a download code, not a disc, and be available starting November 12, when players can begin pre-loading  —  Keep it on the download.  —  Rockstar will sell physical copies of Grand Theft Auto 6 — though you'll only get a box containing a digital download code.
Stevie Bonifield / The Verge:
Rockstar says GTA VI will cost $79.99, or $99.99 for the Ultimate Edition; preorders start at midnight local time on June 25, ahead of the November 19 launch

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From Mediagazer

Ted Johnson / Deadline:
A US federal judge sets a Thursday hearing on state AGs' settlement with Paramount to address “outstanding questions” about the proposed consent decree

@nytimespr:
NYT says it will keep withholding publication or distribution of images captured for the WH still photos pool, in support of outlets Trump “targeted with a ban”

Politico:
Sources: UK PM Andy Burnham asked Trump to raise Jimmy Lai's case with Xi Jinping, and Trump agreed he should be freed; the UK suggested Britain as Lai's home

More News

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
Katherine Doherty / Bloomberg:
Ornn, which plans to launch a marketplace for GPU capacity designed to function like an exchange to trade oil contracts, raised a $33M seed led by a16z
Lorelei Smillie / Bloomberg:
Microsoft's Digital Crimes Unit says AI helped it link two separate hacking tools, Amadey and StealC, and file a single civil lawsuit to help take them down

Earlier Picks

Kevin Schaul / Washington Post:
An analysis of GPT-5.5, Gemini 3.1 Pro, Grok 4.3, Gab's Arya, and other AI models: most chatbots frequently provide left-leaning responses to political prompts
Lauren Thomas / Wall Street Journal:
Humanoid robot maker Agility plans to go public via a merger with Michael Klein's SPAC, in a deal valuing Agility at ~$2.5B, listing under ticker symbol AGLT
Bloomberg:
Filing: SK Hynix is seeking to raise ~$29.4B in a US listing, expects trading to start on July 10, and intends to use the funds to build additional capacity
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