Techmeme
June 30, 2026, 12:55 PM

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.
Russell Brandom / TechCrunch:
AWS launches an internal organization for AI-focused forward-deployed engineers, backed by $1B in resources, following OpenAI and others in launching FDE teams  —  As companies struggle to integrate AI, they're increasingly ready to bring in outside help — and service providers are launching …
Dina Bass / Bloomberg:
AI chip startup Etched raised $800M from investors including Jane Street and a venture firm linked to TSMC, and says it has signed sales contracts worth $1B  —  Nvidia rival says it has raised $800 million and has $1 billion in contracts.  —  AI chip startup Etched said it has raised $800 million …
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 …
The Keyword:
Google launches Nano Banana 2 Lite, a low cost text-to-image model that delivers outputs in four seconds, and rolls out Gemini Omni Flash to developers  —  We're making it easier to experiment and scale your ideas with Nano Banana 2 Lite, our fastest, most cost-efficient Gemini Image model …
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 …
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 …
Frank Connelly / Bloomberg:
Schneider Electric agrees to buy industrial AI company Cognite in a $3.1B all-cash deal, and plans to combine Cognite with its industrial software company Aveva  —  Schneider Electric SE agreed to buy Cognite in a $3.1 billion transaction to expand its industrial data and AI software business.
More: Reuters
Mike Scarcella / Reuters:
SCOTUS agrees to hear Apple's appeal of a 2025 contempt ruling in its Epic case after a district judge found Apple violated an order to make App Store changes  —  The U.S. Supreme Court agreed on Tuesday to hear Apple's (AAPL.O) bid to escape being found in contempt in its legal fight with …
More: 9to5Mac
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.
Kyle Baird / The Block:
Visa, Mastercard, Stripe, BlackRock, Coinbase, and 140+ companies join Open Standard to launch Open USD, a stablecoin that shares earnings from its reserves  —  Quick Take  — Payment giants, banks, tech firms and crypto companies are among Open Standard's launch members.
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.
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.
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

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