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June 22, 2026, 11:00 AM
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| Kurt Wagner / Bloomberg: |
Meta invests $900M into Indian fintech Cred for a ~20% stake, and plans to appoint Cred founder Kunal Shah as the leader of WhatsApp, replacing Will Cathcart — Meta Platforms Inc. is investing $900 million into Indian fintech startup Cred, with plans to appoint its founder, Kunal Shah, the new leader of WhatsApp.| Mark Bergen / Bloomberg: |
Getty Images signs a licensing deal with OpenAI, letting its image library appear in ChatGPT's search and discovery tools; GETY jumps 90%+ and is down 10%+ YTD — Shares of Getty Images Holdings Inc. jumped about 200% in premarket trading on Monday after the photography repository announced a licensing deal with OpenAI.| Wall Street Journal: |
Satya Nadella says the public wouldn't tolerate a few AI labs “doing all of the learning for the world”, as Microsoft moves to provide low-cost models and tools — In interview, Microsoft's CEO offers a blistering critique of AI power balance and calls for earning society's permission
More: Implicator.ai, International Business Times, Digit, Blockonomi, Tech Times, Business Today, Free Systems, and Memeburn
X: @quinnypig and @dshaywitz
| Sarah Basford Canales / The Guardian: |
In a rare joint statement, Five Eyes leaders warn AI models capable of taking down governments and businesses are mere months away, urging leaders to “act now” — Signal agencies in Australia, the US, the UK, New Zealand and Canada sound alarm after Trump blocks foreign nationals from Anthropic's Fable AI model
More: Metro.co.uk, The Decoder, and National Cyber Security Centre
Forums: r/worldnews and r/technology
| Ryan McMorrow / Financial Times: |
Bain says it uses AI coding tools to recreate pieces of target companies' software, making hundreds of rough prototypes in recent years as part of due diligence — Private equity groups swiftly recreate software products to gauge their competitive advantages| Clara Murray / Financial Times: |
Analysis: Anthropic may have talked its way into an export ban, as its 2026 statements and social media posts used 8x more AI risk-related terms than OpenAI — FT analysis shows company warned about dangers of advanced AI far more than rival OpenAI this year| Kimberley Kao / Wall Street Journal: |
SK Hynix overtakes Samsung to become South Korea's most valuable company, closing up 5.6% for a ~$1.4T market cap; South Korea's Kospi index is up 117% YTD — The South Korean memory-chip maker's market capitalization hit $1.362 trillion — Memory-chip maker SK Hynix has overtaken Samsung Electronics … | Kim Su-jeong / CHOSUNBIZ: |
Samsung rolls out ChatGPT Enterprise and Codex to all South Korean staff and global DX division staff; OpenAI calls it one of its largest enterprise deployments — OpenAI said on the 22nd that it will supply ChatGPT Enterprise and the AI-based work automation platform “Codex” …
More: OpenAI, People Matters, The Korea Times, SammyGuru, RuntimeWire, Seoul Economic Daily, SamMobile, The Asia Business Daily, The Decoder, NERDS.xyz, and Notebookcheck. Forums: r/OpenAI
| Ben Fritz / Wall Street Journal: |
Google invests in independent movie studio A24 as part of a new AI partnership; sources say Google is investing ~$75M, roughly equal to Thrive's 2024 investment — Search giant is putting about $75 million into the film company as part of an artificial-intelligence research partnership
More: The Wrap and The Keyword
| Financial Times: |
JD.com founder Richard Liu says robots will replace the company's 700K delivery workers “sooner or later”, and it will help retrain them in robot maintenance — China's rapid adoption of technology threatens millions of gig-economy jobs, policymakers fear| Lily Mae Lazarus / Fortune: |
Upscale, which is building AI networking infrastructure to rival Cisco, raised a $190M Series A-1 at a $2B valuation, up from $1B after raising $200M in January — Every time computing has fundamentally changed, a new networking company has risen with it. When PCs started connecting … | Luz Ding / Bloomberg: |
Tencent starts testing Xiaowei, its new AI assistant powered by WeLM and DeepSeek models, in its WeChat app in China, as part of its efforts to catch up in AI — Tencent Holdings Ltd. has started testing a new AI assistant for WeChat as part of its efforts to catch up with peers in China's white-hot artificial intelligence race.
More: The Next Web, CNBC, Blockonomi, Silicon Republic, and Tech in Asia
| Kevin Crowley / Bloomberg: |
Chevron signs a 20-year deal with Microsoft to provide natural-gas power for a proposed West Texas data center, which could be one of the biggest in the US — Chevron Corp. signed a 20-year deal with Microsoft Corp. to provide natural-gas fired power for a proposed West Texas data center, which could be one of the biggest in the US.
More: Reuters, chevron.com, Washington Examiner, The Next Web, Neowin, TheEnergyMag, World Oil, Yahoo Finance, NERDS.xyz, Wall Street Journal, CNBC, and Benzinga. LinkedIn: Chevron New Energies
| Ian King / Bloomberg: |
Nvidia unveils Halos, a safety-focused OS developed from autonomous vehicle tech and designed to run on IGX Thor hardware for humanoid robots, and opens a lab — Nvidia Corp. is working to make humanoid robots safer around people, arguing that they'll need to handle split-second decisions …
More: SiliconANGLE, Dow Jones Newswires, FORT Robotics, and Fox News
| Katie Kilkenny / The Hollywood Reporter: |
Instagram is testing horizontal video on Instagram for TV, plans to experiment with longer-form storytelling and episodic series, and launches on Samsung TV — The Meta-owned company is going decidedly retro by experimenting with time-honored video formats with its creators.
More: Engadget, TechCrunch, Meta Newsroom, and Benzinga
| Vivian Salama / The Atlantic: |
A look at JD Vance's “AI doctrine”, which combines pro-innovation VC principles, worker protections, and concerns about power concentration in dominant AI labs — The vice president is making a case that is part Silicon Valley, part MAGA. — In early 2025, j. d. vance paid … | Brock E.W. Turner / Axios: |
NYC-based Prosper AI, whose healthcare AI tool is designed to answer patient phone calls, raised a $30M Series A led by a16z, taking its total funding to $35M — Prosper AI, a health care administration agent company, raised $30 million in Series A funding led Andreessen Horowitz, co-CEO Xavier de Gracia tells Axios Pro exclusively.
More: The Next Web, a16z, and Tech Funding News
| Suzi Ring / Financial Times: |
UK-based AI law firm Garfield, which received regulatory approval in 2025, wins a case in the English courts for the first time; the case focused on unpaid fees — Freelancer paid about £400 for technology to draft documents for £7,000 claim — An AI law firm that uses technology instead …
More: Lawyer Monthly, City A.M., and Telegraph
| Zsana Hoskins / Bloomberg: |
Groq raised $650M led by Disruptive and Infinitum after its Nvidia deal, aiming to hit 200 MW in capacity by the end of 2027, following a $750M raise in 2025 — Groq Inc. raised $650 million in a new funding round aimed at expanding its data center capacity and helping the onetime chip startup become … | Ben Weiss / Fortune: |
Crypto trading app Fomo raised a $75M Series B led by Index at a $550M valuation, taking its total funding to ~$94M, and claims to add 3,500 new users per day — Two established investors are feeling crypto FOMO. Index and Union Square Ventures have backed the crypto startup Fomo …
More: The Block, fomo, FinSMEs, and Cointelegraph
| Stephen Nellis / Reuters: |
Netherlands-based Nearfield Instruments, which makes atomic force microscopes to measure chip features, raised $380M led by Fidelity at a $1.6B valuation — Nearfield Instruments, a Netherlands-based firm whose machines help measure the features on advanced semiconductors …
More: FinSMEs, Tech.eu, SiliconANGLE, DutchNews.nl, Seoul Economic Daily, Finimize, and Startup.eu
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