Techmeme
July 2, 2026, 10:50 PM

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.
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 …
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
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.
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
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 …
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 …
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.
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.
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, Reuters, The Verge, Wall Street Journal, Fortune, Ars Technica, The Information, Axios, TechCrunch, CNET, SiliconANGLE, Decrypt, The Japan Times, CNN, Bloomberg, DatacenterDynamics, Techstrong.ai, International Business Times, Big Technology, eWeek, RuntimeWire, MarketWatch, Straight Arrow, Mashable, The American Bazaar, Barron's Online, Proactive, New York Post, Benzinga, The Tech Portal, Ben Werdmuller, NewsMax.com, Tom's Hardware, CoinDesk, Daily Sabah, Quartz, ZeroHedge News, Semafor, The Decoder, PYMNTS, RTÉ, Forbes, The Next Web, Business Standard, Seoul Economic Daily, Telegraph, Neowin, Fortune India, Times of India, and The Straits Times
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.
Thomas Ricker / The Verge:
Amazon says Leo now has 396 satellites in low-Earth orbit, following a July 1 launch, which is “enough to support continuous service across initial latitudes”  —  Early adopters of Amazon Leo should temper expectations. … Amazon says it now has enough satellites operating …
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.
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 …

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New York Times:
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Earlier Picks

Wall Street Journal:
Phoebe Liu / The Information:
Bloomberg: