| Erin Griffith / New York Times: |
Stripe agrees to acquire NYC-based OpenRouter; a source says Stripe is paying $7.5B, with $1.5B going to the startup's founders and $6B to its investors — The deal is significant for the artificial intelligence industry, uniting Stripe's payments business with OpenRouter's helping businesses direct their spending on A.I. models.| Axios: |
Letter: Stripe told investors January 1 marked the “beginning of the singularity”, a major inflection point in long-term trends, and H1 revenue rose 41% YoY — Stripe on Wednesday told investors that January 1st marked the “beginning of the singularity,” which it refers … | Bloomberg: |
Hangzhou-based humanoid robot maker Unitree's stock surges 460% in its Shanghai trading debut, giving it a $50B+ market cap, after it raised ~$904M in its IPO — Unitree Robotics shares surged 460% in their Shanghai trading debut after the company raised 6.1 billion yuan ($904 million) … | Bloomberg: |
Trump urges Congress to pass the Clarity Act at a White House event with execs including the CEOs of Coinbase and Robinhood; the bill has stalled in the Senate — President Donald Trump pressed Congress to pass digital asset market structure legislation that is a top priority for the industry … | Reuters: |
Former Meta engineering director Arturo Béjar testifies that Mark Zuckerberg prioritized growth and engagement over child safety on Facebook and Instagram — A former engineering director at Meta Platforms (META.O) testified on Wednesday that CEO Mark Zuckerberg fostered a culture … | CNBC: |
Sources: OpenAI CFO Sarah Friar told employees at an all-hands that OpenAI “will be a public company in 2027”, or sooner if “our business continues to inflect” — OpenAI CFO Sarah Friar told employees during an all-hands meeting on Wednesday that the artificial intelligence lab … | Lucas Shaw / Bloomberg: |
Sources: YouTube is offering top creators millions to post videos exclusively on YouTube for a period and will penalize those that post to Netflix concurrently — YouTube will pay creators to post their videos to YouTube before any other service. If creators post to YouTube and Netflix at the same time, they will face consequences.| Jagmeet Singh / TechCrunch: |
Binance launches Agent OS, a platform that lets AI agents analyze markets and execute trades on users' behalf; users set limits on AI agents' access and trades — Binance, the world's largest crypto exchange with more than 300 million registered users, on Thursday launched a platform … | Bloomberg: |
Sources: AI chip startup Fractile is in talks to raise ~$600M at a $6.5B pre-money valuation, up from ~$1B in May, and has an initial ~$250M deal with Anthropic — Fractile, a startup developing chips tailored for artificial intelligence use that has a deal to supply Anthropic PBC … | Bloomberg: |
Sources: SpaceX approached Cognition about a potential acquisition, but Cognition didn't engage; Cognition CEO Scott Wu says the company is “not for sale” — SpaceX Attempted to Buy AI Coding Startup Cognition — Video Player is loading. — Unmute — Current Time 0:00 Loaded: 26.60% Playback Rate| Amanda Caswell / Tom's Guide: |
Google announces new study tools, including a student hub, notebooks, and interactive 3D visualizations in Gemini, plus student offers for Google AI plans — Head back to school equipped with AI tools for studying, researching and more — Once again, Google is giving eligible college students … | Luz Ding / Bloomberg: |
Alibaba reports Q1 revenue up 9% YoY to ~$40B, meeting est., and net income down 75% to ~$1.6B due to heavy AI spending and weak domestic retail consumption — Alibaba Group Holding Ltd.'s profit plunged more than 75% after China's e-commerce leader ratcheted up AI spending while grappling with a broad Chinese consumption slowdown.| Jacob Parry / Politico: |
The EU appears to be shifting from outsized regulatory fines against Big Tech to technical DMA orders that force compliance, such as sharing search data — BRUSSELS — The European Commission's days of outsized fines against Big Tech appear to be over. — When Brussels fined Google €890 million … | Paul Kiernan / Wall Street Journal: |
PitchBook: California-based startups have raised ~$366B in 2026 so far across 4,000+ companies, more than triple the total of all other 49 states combined — California-based companies have announced a record haul in startup funding, despite billionaire-tax fears| Yash Roy / Bloomberg: |
Muon Space, which is building a spacecraft platform for orbital data centers and AI computing, raised a $250M Series C, with participation from Google — Satellite startup Muon Space Inc. closed a $250 million funding round, raising capital from Alphabet Inc.'s Google and Salesforce Ventures LLC … | Bloomberg: |
London-based Callosum, whose software matches AI tasks with different models and chips, raised a $100M seed from Atomico, the UK Sovereign AI Fund, and others — Callosum, a startup that makes software to match specific artificial intelligence tasks with different models and chips … | Alex Isenstadt / Axios: |
Memo: the GOP asks AI companies to stem the public backlash against data centers, saying the issue could kill its chances of holding a vital Senate seat in Ohio — The Senate GOP campaign arm, in a private memo to top AI companies, warns that toxic views of U.S. data centers are killing … | Daniel Thomas / Financial Times: |
Pornhub says the UK's new internet age checks have boosted non-compliant porn sites, which occupied seven of the top 10 search results for “free porn” in June — Country's most-visited porn website lobbies MPs for changes to flagship Online Safety Act| Yoolim Lee / Bloomberg: |
South Korea media: SK Hynix and its union reach a tentative deal on a 6.3% wage hike and paying out 60% of profit-sharing bonuses in shares and 40% in cash — SK Hynix Inc. and its labor union have reached a tentative wage and collective bargaining agreement, featuring a 6.3% salary increase … | Bloomberg: |
President Trump says CFTC Chair Michael Selig is working to bring crypto platform Hyperliquid onshore, lifting shares of HYPE-holder Hyperliquid Strategies ~30% — President Donald Trump said US regulators are working to bring Hyperliquid, a fast-growing crypto platform, into the country … | Cecilia Kang / New York Times: |
Virginia's Loudoun County hosts 250+ data centers, generating huge tax revenues, as it moves to slow construction in response to pushback from residents — Loudoun County, Va., hosts more than 250 data centers that bring in huge tax revenues. But some officials and residents worry the county has become too dependent on that cash.| Anzar Mehraj / Reuters: |
Uber, Verne, and Pony.ai launch autonomous rides in Zagreb, making the Croatian capital the first European city where users can book such rides via Uber's app — Uber (UBER.N), Verne and Pony.ai (PONY.O) said on Wednesday they had launched autonomous rides in Zagreb, making the Croatian capital … | Dominic Preston / The Verge: |
Google Pixel 11 Pro Fold review: a tougher body, an IP68 rating, and a decent triple rear camera, but an iterative hardware upgrade with a dated-looking design — The foldable phone market is in the middle of a huge transformation, but no one told Google. — Last year, Samsung transformed … | Julian Chokkattu / Wired: |
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
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Cliq 7.0: Built to keep work flowing — Work feels seamless when information is available when you need it, wherever you're working, and without extra clicks. This year, our main goal was to cut through the noise …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Jowi Morales / Tom's Hardware: |
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