Techmeme
July 8, 2026, 1:14 PM

Top News

Rolfe Winkler / Wall Street Journal:
Apple reaches a deal with Broadcom worth $30B+ to make 15B+ chips in the US over the next five years, Apple's largest as part of its $600B US investment pledge  —  The deal, for billions of chips, is the latest part of Apple's domestic investment pledge  —  Apple is ramping up its investment …
Axios:
OpenAI says it will launch GPT-5.6 Sol, along with Terra and Luna, publicly on Thursday; a source says the US Department of Commerce approved a broad rollout  —  The U.S. Department of Commerce has given OpenAI the green light for a broad launch of its advanced GPT-5.6 model …
Victoria Song / The Verge:
Hannah Murphy / Financial Times:
Sources: Meta is testing AI glasses that continuously record audio and take photos every few seconds, letting users query or recall what they saw or heard  —  Mark Zuckerberg's hardware ambitions are edging into a new privacy fight over who gets recorded.  Meta is testing a prototype of …
Foo Yun Chee / Reuters:
The EU General Court dismisses Apple's legal challenges against its designation as a DMA “gatekeeper” for its App Store and iOS; Apple filed the case in 2024  —  Apple (AAPL.O) lost its challenge on Wednesday against landmark EU rules that designate its app stores and operating system iOS …
New York Times:
Sources: Jeff Bezos' Blue Origin is raising $10B at a $130B pre-money valuation, its first outside funding round, including $4B from Coatue and $2B from Bezos  —  The rocket company founded by Jeff Bezos is set to take on external investors for the first time, at a $130 billion valuation.
Bloomberg:
Chip startup SambaNova raised a $1B Series F led by General Atlantic at an $11B valuation and signs JPMorgan as a customer to deploy its chips for in-house AI  —  Chip startup SambaNova Systems Inc. has raised $1 billion at an $11 billion valuation, underscoring investors' conviction …
Financial Times:
Sources: Apple begins testing CXMT's DRAM chips for devices sold in China; Apple's interest thrusts CXMT and CXMT's state-owned shareholders into the spotlight  —  Sharp turnaround for state-backed company central to Beijing's AI supply chain efforts  —  On a sprawling campus …
Meta:
Meta launches Muse Image in Meta AI, Instagram, and WhatsApp, and previews Muse Video, the first media generation models from its Superintelligence Labs  —  We're excited to launch Muse Image and preview Muse Video, the first media generation models developed by Meta Superintelligence Labs.
Reece Rogers / Wired:
Raffaele Huang / Wall Street Journal:
Rebecca Torrence / Bloomberg:
Crypto VC firm Paradigm raised $1.2B, its fourth fund, to invest in areas outside of crypto, like AI and robotics; Paradigm had $11.9B in AUM at the end of 2025  —  Paradigm, the venture firm founded to invest in cryptocurrency companies, has raised a new $1.2 billion fund to make more bets outside …
Radhika Rajkumar / ZDNET:
Former GitHub CEO Thomas Dohmke's Entire launches a decentralized Git network to handle high coding agent traffic, with servers in the US, the EU, and Australia  —  ZDNET's key takeaways  — Entire launched a decentralized Git network built for agents.  — The company plans to open-source its backend.
Marina Temkin / TechCrunch:
Prime Intellect, which helps companies build their own AI agents by offering computing power and specialized tools, raised a $130M Series A at a $1B valuation  —  Prime Intellect, a startup that provides computing power and specialized software tools that help companies build AI agents …
Eugene Kim / Business Insider:
Internal documents: Amazon is working on an Alexa project, codenamed Moonraker, to handle more complex, multistep tasks, projecting $100M+ in GPU costs in 2026  —  Amazon's next Alexa AI upgrade may be able to handle more complex tasks.  Getting there is expensive, though.
Cecilia D'Anastasio / Bloomberg:
Sources detail Xbox's big reset after its Game Pass strategy failed; Xbox spent nearly $80B on content deals, but gamers prefer to stick with a handful of games  —  Microsoft's Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul.  Microsoft Corp.'s Xbox spent nearly $80 billion in the last decade …
Corbin Bolies / Variety:
Kaon AI, which builds personalized story worlds using its AI-based FlowGPT and Emochi tools, raised $60M from B Capital and others, and says Emochi has 2M DAUs  —  Kaon AI, a start-up focused on building personalized story worlds powered by generative AI for its users through its products FlowGPT and Emochi …
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Earlier Picks

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