| Eleanor Mueller / Semafor: |
Sources: Trump officials discussed how to structure government equity stakes in AI companies, with Commerce Secretary Lutnick preferring a sovereign wealth fund — Senior Trump administration officials had weighed how to structure potential government equity stakes in major AI companies … | Sarah Perez / TechCrunch: |
WordPress survey: 60% of US consumers say “AI” in a brand's messaging is a turnoff, and 86% always or sometimes check the source after receiving an AI summary — Getting cited by AI is easier than earning consumers' trust, according to a new report from WordPress VIP … | Nikhil Pahwa / @nixxin: |
| Nikkei Asia: |
Sources: Samsung is seeing a rise in advanced chip production requests from BYD, Google, AMD, Tesla, and other companies as AI demand strains TSMC's capacity — TAIPEI/HONG KONG/SEOUL — BYD, Google, AMD, Tesla and others are looking increasingly to Samsung Electronics for contract chipmaking services … | Wall Street Journal: |
A profile of Anthropic researcher Nicholas Carlini, who warned about Mythos in March and is now part of an Anthropic team briefing the White House on safeguards — Nicholas Carlini recently rang the alarm about the dangers of AI—and now he's part of a team arguing for the latest models to be released| Jay Peters / The Verge: |
Snap unveils $2,195 Specs, its first “fully standalone” AR glasses, which have a 51-degree field of view, set to ship “this fall” in the US, the UK, and France — The new Specs are priced at $2,195, and you can preorder them starting today.| Harry McCracken / Fast Company: |
| Ott Tammik / Bloomberg: |
Estonia says it will assign personal ID numbers to AI agents to give them “limited, controllable, and auditable authorizations” as they take actions for humans — Estonia plans to assign personal identification numbers to AI assistants that would give the bots legal rights … | Ryan Lawler / Axios: |
Andera, which uses AI to automate corporate audit and compliance testing, raised a $37M Series A led by Lightspeed — Andera, which uses AI to automate corporate audit and compliance testing, raised $37 million in Series A funding, CEO Aryo Patel tells Axios exclusively.| Sarah Perez / TechCrunch: |
Google launches Android 17 and Wear OS 7, available first on Pixel devices, with support for the latest AI models, a bubble bar UI, and live updates on Wear OS — Google on Tuesday released the final version of its Android 17 operating system, as well as its counterpart for smartwatches, Wear OS 7.| The Information: |
OpenAI's CSO Jason Kwon messaged staff that the company “strongly” told the US government that building AI “requires the best talent from around the world” — The U.S. government's latest battle with Anthropic has revived long-simmering concerns throughout the AI industry … | Kirsten Korosec / TechCrunch: |
Uber plans to expands its premium robotaxi service from SF to Houston by mid-2027, in partnership with EV maker Lucid and autonomous vehicle startup Nuro — Uber plans to launch a premium robotaxi service in Houston by mid-2027, making it the second U.S. market under its partnership … | Karen Freifeld / Reuters: |
Sources: the US has held off adding DeepSeek, CXMT, and 100+ other flagged companies to its Entity List, last updated in October, the longest gap in 10+ years — The U.S. has held off adding China's AI startup DeepSeek, memory chipmaker CXMT and more than 100 other companies flagged … | Ben Bergman / Business Insider: |
Convey, which is building AI “teammates” to automate manual work at clients like NBCUniversal, raised a $38M Series A led by a16z — Convey, a startup founded last year that builds AI “teammates,” has raised $38 million in Series A funding led by Andreessen Horowitz, with participation from Khosla Ventures and Pear VC.| Jennifer Pattison Tuohy / The Verge: |
Google's $99 Google Home Speaker, which is built for Gemini for Home and works as a Matter controller, will ship on June 29, nine months after it was announced — The Google Home Speaker is designed for Gemini for Home and its more conversational smart home assistant.| Politico: |
UK says reports that Prime Minister Keir Starmer sought a carve-out to US export controls imposed on Mythos 5 are “categorically untrue” — EVIAN-LES-BAINS, France — Prime Minister Keir Starmer has not sought a carve-out to U.S. export controls imposed on Anthropic's most advanced AI models … | Financial Times: |
World models startup Odyssey raised $310M from Amazon and others at a $1.45B valuation and will use AWS as its preferred cloud partner, deploying Trainium chips — Company joins investment arms of Nvidia and AMD in $310mn funding round for Odyssey ML — Amazon is partnering with a start … | Reuters: |
| Z.ai: |
| Jordan Novet / CNBC: |
Databricks says annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says higher AI agent usage is increasing costs, lowering margins — Databricks has a unique role in the AI boom. Revenue continues to soar as businesses swarm to the company's data analytics tools.| Financial Times: |
Sources describe Huawei's efforts to rebuild its chip business seven years after the US cut Huawei off from advanced chips, as it bets on logic-stacking tech — Seven years after being written off the Chinese tech giant is making technical advances that appear to sidestep Washington curbs.| Yazhou Sun / Bloomberg: |
Nasdaq Private Market sues Hiive, claiming Hiive stole trade secrets and infringed on its IP, poaching two employees in part to access confidential information — Trading platform Nasdaq Private Market alleged that its Vancouver-based competitor Hiive has stolen trade secrets and infringed on its intellectual property in a lawsuit.| Chris Metinko / Axios: |
Conduct, which uses AI to let companies maintain, change, and modernize their legacy IT systems, raised a $60M Series A, bringing its total funding to $72M — Enterprise IT startup Conduct raised a $60 million Series A co-led by Index Ventures and ICONIQ, CEO Jan Philipp Haas tells Axios Pro exclusively.| Financial Times: |
Dealogic: investors have poured $58B across 42 data center deals YTD; Oxford Economics says nearly 850 data centers worth ~$7T are under construction globally — Sector remains hot despite some investors' wariness about tenants such as ByteDance — Data centre deals are weathering a storm … | Bloomberg: |
Sources: Amazon faces a possible FTC lawsuit alleging it misled advertisers; multiple state AGs are involved and the case could seek billions in civil penalties — Amazon.com Inc. is facing a possible lawsuit from the US Federal Trade Commission that may lead to billions of dollars in civil penalties … | Stephen Nellis / Reuters: |
The US government awards $500M under the CHIPS Act to SandboxAQ to use AI to develop new chemicals and materials for domestic semiconductor manufacturing — The U.S. government awarded $500 million on Wednesday to startup SandboxAQ to develop new chemicals and materials … | CNBC: |
SpaceX closed up 4.83% on Tuesday for a $2.65T market cap, just above Amazon's, after popping ~12% intraday and briefly overtaking Microsoft's $2.93T market cap — SpaceX shares popped about 12% on Tuesday, as Elon Musk's rocket builder continued its meteoric rise following a record-breaking IPO on Friday.
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Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
10 essential project management reports every team should use — Let's be honest about how projects usually go sideways. A task gets blocked and nobody notices. A dependency changes and nobody updates the plan.
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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| Mitchell Armentrout / Chicago Sun Times: |
| Ivan Mehta / TechCrunch: |
| David Heaney / UploadVR: |
| Mark Gurman / Bloomberg: |