Techmeme
July 3, 2026, 1:00 AM

Top News

Katie Paul / Reuters:
At a town hall, Mark Zuckerberg said Meta's AI agent development has not accelerated as expected and its reorganization was not as “clean” as it could have been  —  Meta (META.O) Chief Executive Mark Zuckerberg told an internal town hall on Thursday that AI agent development …
Todd Bishop / GeekWire:
Microsoft invests $2.5B and forms the Microsoft Frontier Company to embed 6,000 forward-deployed engineers with customers to help deploy AI systems  —  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.
Grace Kay / The Information:
Internal memo: Tesla plans to impose a $200-per-week limit for staff's AI spending beginning July 6; the tally excludes beta versions of xAI products  —  Tesla told employees last month it would impose a $200 per week limit for staff's AI spending beginning July 6, according to an internal memo …
More: Electrek
Qianer Liu / The Information:
Sources: Anthropic has initiated early-stage development of a custom AI server chip and held preliminary discussions with Samsung about manufacturing the chip  —  Anthropic has begun early-stage work on its own AI chip and held talks with Samsung Electronics as a potential manufacturing partner …
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.
Anna Heim / TechCrunch:
Finnish quantum computing company IQM closed up 2% in its Nasdaq debut Thursday after going public via a SPAC merger at a ~$1.9B valuation  —  IQM, a full-stack quantum company out of Finland, went public on the Nasdaq Thursday via a SPAC merger at a valuation of about $1.9 billion.
Maggie Eastland / Bloomberg:
Letter: chip sector group SEMI, including Micron and Samsung, warns Scott Bessent US policies affecting prices or production capacity would worsen the shortage  —  Government attempts to address the global memory chip shortage by influencing prices or production capacity would worsen …
The Information:
Sources: Anthropic's bankers have hired UK law firm Freshfields to advise on its IPO; it also advised on Google's acquisition of Wiz and ServiceNow's Armis deal  —  A British law firm has scored a big win: a role in the Anthropic initial public offering, expected to raise tens of billions at a valuation of more than $1 trillion.
The Information:
Memo: Microsoft is merging the consumer and enterprise versions of its Copilot chatbots into a single app featuring coding tools and AI agents dubbed AutoPilot  —  Microsoft is merging its consumer and enterprise Copilot apps and cutting unwanted features to ‘earn the right to exist’ in the eyes …
Bluesky: @feeney.dev
Lucinda Shen / Axios:
Source: crypto payments and settlement startup Mesh is raising funding led by Binance at a ~$2B valuation, six months after raising $75M at a $1B valuation  —  Binance is set to lead Mesh's funding round that will value the crypto payments and settlement company at up to $2 billion, Axios Pro has learned.

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More News

Sam Altman / Financial Times:
Min-Jeong Lee / Bloomberg:
Michael Nuñez / VentureBeat:
New York Times:
Thomas Ricker / The Verge:
Joe Warminsky / The Record:

Earlier Picks

New York Times:
Samantha Elkins / NBC News:
Bloomberg:
Phoebe Liu / The Information:
Financial Times:
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Bloomberg: