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Techmeme
June 25, 2026, 8:10 AM
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Top News

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” …
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:
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%+ pre-market
Don Clark / New York Times:
IBM details a 0.7nm chip manufacturing process that utilizes a “nanostack” 3D transistor architecture, which it says can maintain chip innovation for 10 years  —  Industry leaders had worried that innovations in chip miniaturization were no longer possible.
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 …
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 …
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
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.
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.
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 …
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.
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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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:10 AM ET, June 25, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

Reuters:
Sources: Sky has agreed on terms to buy ITV's broadcast and streaming unit in a £1.6B deal, which will include ITV Studios acquiring Sky's Love Productions

New York Times:
A profile of NFL reporter Dianna Russini, who resigned from The Athletic after photos of her with the coach of New England Patriots prompted an internal probe

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
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

Earlier Picks

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
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
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
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
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
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