Techmeme
June 30, 2026, 11:35 AM

Top News

Reuters:
Meituan open-sources LongCat-2.0, a 1.6T-parameter model that it says was trained on a 50K-chip cluster of domestic Chinese processors, without giving details  —  China's food delivery giant Meituan (3690.HK) said on Tuesday it had released and would open-source its next-generation LongCat …
Sam Tabahriti / Reuters:
Emmy Martin / New York Times:
As OpenAI and Anthropic prepare to go public, San Francisco tech workers making six figures say they cannot compete with the new AI elite and may have to leave  —  As OpenAI and Anthropic prepare to go public, tech workers making six figures are grousing that they cannot compete with the new A.I. elite.
Semafor:
Source: the Trump administration has talked with SpaceX about donating shares to Trump Accounts, which provide children with tax-advantaged savings accounts  —  THE SCOOP  —  The Trump administration has spoken with SpaceX about donating stock to the children's savings accounts known …
Peter Vercoe / Bloomberg:
Australia's ACCC sues Amazon for allegedly introducing ads to Prime Video under unfair contract terms and forcing existing subscribers to pay more to avoid them  —  Amazon.com Inc. has been sued by Australia's consumer watchdog for introducing advertising to its Prime Video streaming service …
Julie Bort / TechCrunch:
AI coding startup 8090 raised a $135M Series A led by Salesforce Ventures; founder Chamath Palihapitiya announces that he will lead the company as CEO  —  Chamath Palihapitiya, best known for his venture capital firm Social Capital and the All-In podcast, announced Monday that the AI coding startup he founded raised a sizable Series A.
Jordyn Holman / New York Times:
Q&A with Grindr CEO George Arison on turning Grindr into an “AI-native company”, “impos[ing]” AI on staff, facing “opposition”, using AI as a CEO, and more  —  George Arison, the gay dating app's chief executive, is aiming for all code to be eventually written …
Stephanie Stacey / Financial Times:
Hotels, tour operators, and travel agencies rush to launch proprietary online tools and loyalty schemes to fend off future competition from AI travel agents  —  Chatbots could help to find, filter and book customers' destinations  —  Hotels, tour operators and travel agencies are rushing …
Wired:
Sources: hundreds of Meta contractors posed as minors to probe how competitor chatbots responded to prompts involving suicide, sex, and other high-risk subjects  —  Hundreds of contractors working on a project for Meta pretended to be kids—and then prompted rival chatbots like Gemini and ChatGPT to discuss high-risk subjects.
Ryan Lawler / Axios:
MDOTM, which makes AI software for asset and wealth managers, raised $27M led by Expedition Growth Capital, bringing its total funding to $36.5M  —  MDOTM, which makes AI software for asset and wealth managers, raised $27 million in growth equity, CEO Tommaso Migliore tells Axios exclusively.
Lauren Forristal / TechCrunch:
Google says the Gemini app now offers personalized Nano Banana image generation, previously limited to Plus, Pro, and Ultra users, to eligible US users for free  —  Google announced on Monday that the Gemini app is now offering its personalized Nano Banana-powered image generation feature to a broader audience.
Nick Wadhams / Bloomberg:
The US DOD appoints Marc Andreessen to its Defense Policy Board, a committee that gives strategic advice to the US defense secretary and other top officials  —  Billionaire venture capitalist Marc Andreessen, the one-time Democratic supporter who switched his allegiance to Donald Trump …
Financial Times:
The UK FCA unveils the updated version of its crypto regulatory framework, after softening proposed rules that critics said risked holding the UK back  —  FCA eases capital and disclosure requirements after complaints that incoming digital assets regime was too onerous
Peter Campbell / Financial Times:
AI may help transform air traffic control by processing vast amounts of data, spotting collision risks early, and easing staff shortages as air travel grows  —  The technology has potential to assist controllers with an increasing flight load but many are wary
New York Times:
An Indonesian court sentences Gojek co-founder and ex-education minister Nadiem Makarim to 10 years in prison for power abuses over a Chromebook contract  —  The case against Nadiem Makarim, a co-founder of Gojek, has fueled concerns about judicial fairness in a nation where foreign investors were already growing wary.

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Earlier Picks

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Reuters:
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