Techmeme
July 2, 2026, 6:10 PM

Top News

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 …
More: The Guardian, CNBC, Wall Street Journal, The Verge, Decrypt, The Information, Axios, Big Technology, eWeek, CNN, Bloomberg, Ars Technica, Straight Arrow, TechCrunch, Reuters, MarketWatch, DatacenterDynamics, The Decoder, Semafor, CoinDesk, Proactive, Techstrong.ai, Quartz, International Business Times, NewsMax.com, Daily Sabah, Benzinga, Barron's Online, RuntimeWire, The Tech Portal, New York Post, Tom's Hardware, Ben Werdmuller, ZeroHedge News, Mashable, The American Bazaar, Fortune, RTÉ, PYMNTS, Forbes, The Next Web, Business Standard, Seoul Economic Daily, Telegraph, Neowin, Fortune India, Times of India, The Straits Times, The Economic Times, and Cointelegraph
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.
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 …
Nikkei Asia:
Sources: Apple told suppliers to prepare to produce ~10M foldable iPhones in 2026, up from a forecast of 7M to 8M, 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 …
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 …
Wall Street Journal:
Nansen: about two-thirds of Trump's memecoin investors are currently in the red, and 85% of World Liberty's $WLFI buyers on the secondary market are underwater  —  Roughly two-thirds of investors in the president's memecoin are currently in the red  —  Morten Christensen made a big bet …
New York Times:
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 …
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.
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.
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 …
Min-Jeong Lee / Bloomberg:
SoftBank and its telecom unit launch SB Neo to offer AI chips and cloud services to big companies, aiming to provide 10GW of capacity in the US by around 2030  —  SoftBank Group Corp. and its telecom unit will start renting AI computing resources to US companies next fiscal year …
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
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 …
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 …
Cate Lawrence / Tech.eu:
UK-based StirlingX, which develops secure data intelligence systems for defense and critical infrastructure, raised a $20M Series A, following a $11M seed  —  The UK company, which develops secure data intelligence systems for defence and critical infrastructure, will use the funding …
More: BusinessCloud and UKTN
Bloomberg:
Sources: Crusoe is in active talks to raise ~$3B in a funding round expected to value the company in the ~$30B range, up from a ~$10B valuation in October  —  Crusoe, the data center upstart with contracts to supply AI computing power for the likes of Meta Platforms Inc. and Oracle Corp. …
More: Reuters
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.
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.
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 …

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More News

Sam Altman / Financial Times:
Thomas Ricker / The Verge:

Earlier Picks

Andrew Hutchinson / Social Media Today:
Bloomberg: