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Techmeme
July 2, 2026, 12:55 PM
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Financial Times:
Sources: OpenAI has discussed giving a 5% stake to the US government, seeking to clear political obstacles by securing buy-in from the Trump administration  —  Sam Altman's start-up in early talks for a public ownership deal as political pressure rises.  OpenAI has discussed giving …
Nikkei Asia:
Sources: Apple has told suppliers to prepare to produce ~10M foldable iPhones in 2026, up from 7M to 8M previously, and 80M iPhones in total across new models  —  TAIPEI — Apple is planning an ambitious iPhone launch for the second half of this year and first half of 2027 with at least five …
Todd Bishop / GeekWire:
Microsoft invests $2.5B and forms a new company that will embed 6,000 staff with customers to design, deploy, and improve AI systems based on business outcomes  —  Microsoft is launching a new AI “company.”  It won't be a separate legal entity, and most of its 6,000 people already work at Microsoft.
Samantha Elkins / NBC News:
Cloudflare sets a September 15 deadline for AI companies to differentiate their web crawlers into search, AI training, and AI agents or face being blocked  —  Cloudflare gave AI crawlers a September deadline to separate the bots that gather content for search from those that harvest …
Bloomberg:
The European Court of Justice rules that Google's earlier defeat against a €4.1B European Commission penalty over abusing Android's market power should stand  —  Google lost its long-running fight against a €4.1 billion ($4.7 billion) European Union antitrust fine after the bloc's top judges …
Phoebe Liu / The Information:
Nvidia promises to financially backstop young cloud providers, like Firmus and Sharon AI, by renting back unused GPUs, in exchange for a share of their revenues  —  Nvidia is using its powerful balance sheet to help more companies buy its expensive AI chips, and possibly make some money back too.
New York Times:
Filings: Trump purchased up to $5M each in Broadcom, Meta, Amazon, Apple, Microsoft, and Nvidia stocks on July 23, the same day he unveiled his AI action plan
Michael Nuñez / VentureBeat:
Z.ai launches ZCode, an “Agentic Development Environment” purpose-built for its GLM-5.2 model; Z.ai's GLM Coding Plan tiers range from $16.20 to $144 per month  —  The move marks the company's most aggressive push yet into the fast-growing AI-powered coding tool market …
Bloomberg:
Sources: Apple is in negotiations to buy chips from CXMT and YMTC, two Chinese semiconductor makers on a Pentagon blacklist, for use in devices sold in China  —  Apple Inc. is in negotiations to purchase chips from two Chinese semiconductor makers on a Pentagon blacklist to help reduce …
Mark Gurman / Bloomberg:
Sources: Apple is working on four new iPad Pros and an entry-level 14" MacBook Pro for H1 2027 with a new design in line with its upcoming touch-screen laptops  —  Apple Inc. is preparing an upgraded iPad Pro line and a redesigned entry-level MacBook Pro for next year, adding to a slate …
Joe Warminsky / The Record:
The US DOJ says Peter Stokes, a 19-year-old dual US-Estonian citizen, was extradited from Finland to face charges of participating in Scattered Spider hacks  —  A 19-year-old man with dual U.S. and Estonian citizenship was extradited from Finland to Chicago this week to face criminal charges …
Bloomberg:
Amazon's emissions rose 16% YoY in 2025, driven by data center construction and delivery fuel, while Google's “ambition-based” emissions jumped 18% YoY in 2025  —  Amazon and Google report jumps in their greenhouse gas output as the data center boom gains momentum.
Stephen Totilo / Game File:
Sony says all new PlayStation games will only be sold in digital formats from January 2028, as digital media preference “significantly outpaces physical discs”  —  New games sold for PlayStation consoles will only be available digitally and won't be sold on discs effective January 2028, Sony has announced.
Tom Warren / The Verge:
Sources: Microsoft has been working on a disc-to-digital feature for Xbox One and Xbox Series X that will let users digitize their physical game collections
Zheping Huang / Bloomberg:
Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B  —  China's Kling AI has raised an initial $2 billion in venture capital funding as the spinoff from Kuaishou Technology seeks to expand its video AI operations.
Andrew Hutchinson / Social Media Today:
X launches Live Studio, an updated livestreaming hub within Creator Studio with a simplified desktop setup, chat control options, thumbnail uploads, and more  —  Listen to the article  —  X announced an updated live-streaming command center within its Creator Studio platform …
Sam Altman / Financial Times:
Sam Altman proposes a “US-led international forum” to establish AI standards, provide analysis of capabilities and risks, and make AI models available to allies  —  The labs develop the technology, but citizens and their elected representatives must make the rules
Pew Research Center:
A survey of US adults finds 56% support banning social media for under-16s, while 21% oppose; majorities across demographic and partisan groups support a ban  —  Nearly six-in-ten U.S. adults support banning anyone under the age of 16 from using social media sites, according to a new Pew Research Center survey.
Gené Teare / Crunchbase News:
Global VC funding hit a record $510B in H1 2026, with OpenAI and Anthropic accounting for $217B, or 43% of the total; in Q2, VCs put $205B into 5,000+ startups  —  Global venture funding reached a record $510 billion in the first half of 2026, surpassing the $440 billion invested in all of 2025 …
More: SiliconANGLE
New York Times:
President Trump says Micron will invest $250M in Trump Accounts; Micron says it will come via an employee matching program and a $250 deposit in some US states  —  President Trump said the U.S. chip maker would make a significant donation to a new type of investment account created by the administration.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, July 2, 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

CNBC:
Q&A with Disney CEO Josh D'Amaro: he's not interested in spinoffs of ESPN or ABC and says Disney will stand up for ABC's journalistic integrity against the FCC

Josh Gerstein / Politico:
The BBC is seeking to subpoena Donald Trump Jr., Ivanka Trump, and Jared Kushner in the defamation lawsuit the president is pressing against the broadcaster

Todd Spangler / Variety:
CBS News Chief Correspondent Matt Gutman is accused of harassment in a wrongful-termination lawsuit filed against ABC by one of his former coworkers at ABC News

More News

Earlier Picks

Reuters:
Alibaba and its US payment processor AUS agree to pay $600M to resolve DOJ allegations that they failed to stop illegal sales of ~80K drugs and other products
Ty Roush / Forbes:
Alex Karp calls US reliance on AI labs for military tech “effing insane”, pans AI fees for businesses, and touts Palantir's Nvidia Nemotron deal for US agencies
Wall Street Journal:
Sources: SpaceX showed investors a handset-like device prototype with AI tech from xAI, a proprietary OS, a Snapdragon chip, and a design slimmer than an iPhone
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