Techmeme
July 7, 2026, 11:45 AM

Top News

Fanny Potkin / Reuters:
Sources: China met with Alibaba, ByteDance, Z.ai, and others to discuss potentially limiting foreign access to advanced AI models, penalties for AI theft, more  —  Chinese authorities have held meetings with top tech firms over the past month about potentially restricting overseas access …
Reuters:
Sources: DeepSeek is at an early stage of developing its own AI chip designed for inference, in a push that could reduce its reliance on Nvidia and Huawei chips  —  Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter …
Anthropic:
Anthropic researchers detail J-space, a small collection of neural patterns in Claude that reveals internal thoughts that don't appear in the model's output  —  As you read this sentence, circuits in your brain are adjusting your posture, controlling your breathing, and transforming lines …
Reuters:
Samsung estimates Q2 operating profit of ~$58.44B, up 19x from Q2 2025 and above ~$57.02B est., and revenue up 129% YoY to ~$111.7B; Samsung's stock drops 6%+  —  Samsung Electronics (005930.KS) on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier …
Diana Novak Jones / Reuters:
Court filing: Meta says four US states seek $1.4T over claims it designed Facebook and Instagram to addict youth and misled the public; its market cap is ~$1.5T  —  Meta Platforms (META.O) said in a court filing on Monday that four states were seeking $1.4 trillion in penalties over accusations …
Francisco Rodrigues / CoinDesk:
EDX Markets, an institutional cryptocurrency trading platform, raised a $76M Series C led by SBI Holdings  —  EDX Markets, an institutional cryptocurrency trading platform, said it raised $76 million in a Series C funding round led by SBI Holdings.  —  The company plans to use the funds …
Ben Fritz / Wall Street Journal:
Source: Xbox Game Pass currently has ~30M subscriptions; a years-old internal doc shows Microsoft had projected Game Pass subscriptions would reach ~77M in 2026  —  The videogame unit's revenue has fallen and its Netflix-like subscription service is far below expectations
Bloomberg:
More: The Verge, Kotaku, IGN, Game File, XBOX Wire, Fortune, Kotaku, Business Insider, GamesIndustry.biz, Windows Central, This Week in Videogames, Fortune, Reuters, TheGamer, Newsweek, KitGuru, Polygon.com, Yahoo Finance, Comic Book, Push Square, The Movie Blog, Video Games Chronicle, ScreenRant, GamingBolt, GamesRadar, Forbes, @theweek, Pure Xbox, Benzinga, TechRaptor, Gameranx, 80 Level, TechSpot, Digital Foundry, Silicon Republic, Aftermath, The Daily Upside, The Information, Digit, Rock, Paper, Shotgun, Capital Brief, Cord Cutters News, Blaze Media, GeekWire, Rogue, Los Angeles Times, TBPN, MarketWatch, UPI, T3, Aftermath, ABC News, Washington Post, New York Times, The Verge, Yahoo Tech, Variety, and The Verge
Tim Fernholz / TechCrunch:
US autonomous military vehicle startup Forterra says it has deployed 100+ Lancer UGVs, based on Polaris ATVs, in Ukraine since 2025, completing 1,100+ missions  —  Forterra, a US builder of autonomous vehicles, revealed today that more than 100 of its self-driving ATVs have been deployed …
Bloomberg:
Munich-based nuclear fusion startup Proxima Fusion raised €411M led by trading firm XTX and UK-based East X at a €2.4B valuation, with participation from Google  —  German startup Proxima Fusion has raised €411 million ($469 million) from a range of investors …
Lily Mae Lazarus / Fortune:
Super.com, which offers a savings app for lower-income consumers, raised a $65M Series D led by TPG at a $1.2B valuation and says it is profitable  —  In 2022, Hussein Fazal flew 200 of his employees to Las Vegas to cash a $200 check at a payday loan shop.  He then asked them to buy a week …

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More News

Emily Shugerman / The San Francisco Standard:
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Earlier Picks

Daniel Kuhn / The Block:
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Sam Witteveen / VentureBeat:
James Hunt / The Block: