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June 25, 2026, 9:20 AM
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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 to $699 from $599  —  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 …
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
Erin Woo / The Information:
Sources: Google expands the scope of its months-old AI coding strike team to “midtraining” to better compete with Anthropic, after key executive departures  —  Google is reorganizing its recently launched strike team working on AI coding tools to try to catch up with Anthropic …
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 …
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.
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

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From Mediagazer

CNN:
Source: UFC CEO Dana White has declined Trump's offer to become press secretary

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

Washington Post:
Sources: Trump ally Laura Loomer was paid, including via wire transfers worth ~$60K, for political social media posts without publicly disclosing the payments

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 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
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
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