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July 2, 2026, 1:50 AM
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Bloomberg:
Sources: Meta plans a cloud infrastructure business that will sell access to AI compute and models, to compete with AWS, Azure, and Google Cloud; META jumps 9%  —  Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and models …
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  —  The sleek, handset-like prototype was designed to integrate AI technology from SpaceX's xAI  —  Elon Musk's SpaceX has developed …
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.
Jess Weatherbed / The Verge:
Sony says it will close the virtual PlayStation 3 store in select markets in 2026 before closing PS3 and PS Vita stores “in all other countries” in July 2027  —  The virtual PS3 store will close in select markets this year, with global closures for PS3 and PS Vita following in 2027.
Anthropic:
Anthropic says access to Claude Fable 5 and Mythos 5 is now restored and it is drafting a jailbreak severity standard with Amazon, Microsoft, Google, and others  —  1 Ιουλ 2026  —  On Friday, June 12, the US government applied export controls to our newest models, Claude Fable 5 and Claude Mythos 5.
Financial Times:
Letter: the US says Anthropic “agreed to proactively detect and address security risks” of Fable 5 and Mythos 5; a source says Anthropic developed a “safeguard”
Mark Gurman / Bloomberg:
Sources: Apple is working on new iPad Pros and an entry-level 14" MacBook Pro with a new design in line with the upcoming touch-screen laptops for H1 2027  —  Apple Inc. is preparing an upgraded iPad Pro line and a redesigned entry-level MacBook Pro for next year, adding to a slate of several …
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  —  Topline  —  Palantir CEO Alex Karp on Wednesday called the AI industry “effing insane” in a heated interview on CNBC …
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.
Ram Iyer / TechCrunch:
Venice AI, which offers access to 200+ AI models while allowing users to retain their privacy, raised a $65M Series A led by Dragonfly at a $1B valuation  —  Concerns over the impact of AI chatbots on mental health, personal safety, harassment, and disinformation have forced AI developers …
Financial Times:
Sources: OpenAI has discussed giving a 5% stake to the US government as the company seeks to clear political obstacles by securing buy-in from the Trump admin  —  Sam Altman's start-up in early talks for a public ownership deal as political pressure rises.  OpenAI has discussed giving …
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 …
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  —  Microsoft's disc-to-digital feature could be essential for next-gen Xbox consoles. … Microsoft will likely soon follow Sony …
Delphine Strauss / Financial Times:
UK lawyers say the tide of AI-assisted employment claims is straining an already overloaded employment tribunal system, whose backlog has doubled in two years  —  A flood of employment claims has left an overloaded tribunal system struggling to cope.  When Lucy returned from maternity leave …
Financial Times:
An EU draft proposal dated June 30 shows the bloc is weighing weaker climate impact rules for gas-powered data centers, after heavy lobbying from tech groups  —  Past proposals for strict rules on renewable energy certificates have been dropped after heavy lobbying, draft shows
Phoebe Liu / The Information:
Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program  —  Nvidia is using its powerful balance sheet to help more companies buy its expensive AI chips, and possibly make some money back too.
Bloomberg:
Sources: data center operator Switch seeks a ~$2B funding round valuing the company at ~$50B, including debt, led by a $400M investment from Andreessen Horowitz  —  Switch Inc. is kicking off a private funding round led by Andreessen Horowitz that could raise about $2 billion, according to people familiar with the matter.
Sankalp Phartiyal / Bloomberg:
India-based short video app ShareChat's parent company Mohalla Tech plans to raise up to $400M in an IPO in 2027; ShareChat has ~65M micro-drama viewers monthly  —  Mohalla Tech Pvt., which operates social network ShareChat, short-video platform Moj and subscription-based micro-drama app QuickTV …
Bloomberg:
Stockholm's Patent and Market Court orders Google to pay nearly $2B to Klarna's PriceRunner in a dispute over abuse of power in the shopping comparison market  —  Alphabet Inc.'s Google was ordered to pay almost $2 billion to Klarna Group Plc's Pricerunner unit in a dispute …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:50 AM 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

Rob Wile / NBC News:
President Trump's 2025 financial disclosures show $80M in income from settlements tied to his lawsuits against ABC, CBS, Meta, YouTube, and other companies

Nick Vivarelli / Variety:
The EU says Paramount has committed to exit its United International Pictures distribution JV with Universal as a condition for EU approval of its WBD merger

The Guardian:
Canada will join the Eurovision song contest in 2027, becoming the first new participant since Australia in 2015; the contest will be held in Bulgaria

More News

Joseph Cox / 404 Media:
A researcher says a vulnerability in Apple's Hide My Email tool lets anyone see a user's real email address; first reported in June 2025, Apple has not fixed it
Niko Gallogly / New York Times:
Together AI, which offers access to open-source models, raised $800M led by Saudi Aramco's Prosperity7 at an $8.3B valuation, taking its total funding to $1.3B

Earlier Picks

Juro Osawa / The Information:
Anthropic says it is rolling back a covert Claude Code tracking feature that identifies users based in China or affiliated with Chinese AI labs, after backlash
Sean Hollister / The Verge:
Meta introduces a $20/month Meta One Premium tier for its glasses and limits the glasses' Conversation Focus feature to three hours per month for free users
Associated Press:
The US sentences Guo Wengui, a self-exiled billionaire Chinese tycoon who defrauded 1,000+ people worldwide out of hundreds of millions, to 30 years in prison
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