Techmeme
July 2, 2026, 1:35 AM

Top News

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:
@anthropicai:
Alex Stamos / @alexstamos:
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 …
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.
Echo Wang / Reuters:
Sources: SoftBank has reopened talks for a $10B loan backed by its OpenAI stake and is offering to guarantee repayment if OpenAI collateral proves insufficient  —  SoftBank Group has reopened talks with a consortium of lenders for a $10 billion loan backed by its stake in OpenAI …
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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Earlier Picks

Juro Osawa / The Information:
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Associated Press: