Search: “techmeme”

Patrick Temple-West / Financial Times: Eli Lilly plans to use its $7.3B cash reserve to fund an “App Store” for biotech scientists after launching a data center with 1,016 Blackwell chips in 2025 — Mo

Jagmeet Singh / TechCrunch: Flipkart says it plans to expand its network of micro-fulfillment centers in India to 1,500 by the end of 2026, as it also claims orders have grown ~400% YoY — As quick com

Guinevere Grant / Bloomberg: Google plans a 12-week incubator, picking 10 to 20 AI startups from its “Xoogler” alumni and providing up to 350K in cloud credits and 100K in direct funding — Alphabet In

Wall Street Journal: How Sam Altman's 80+ personal investments, many from his time at YC, benefit from ties to OpenAI; 10+ companies have discussed business deals with OpenAI — OpenAI CEO's holdings i

Chris Gillett / Works in Progress Magazine: How the data center boom is exposing weaknesses in US power grids, and a look at what fixes the electricity infrastructure may need to become fit for the fu

Zack Whittaker / TechCrunch: LastPass notifies customers that their personal information and customer support case records were stolen during a hack at Canadian market research company Klue — Password

Zack Whittaker / TechCrunch: Market intelligence company Klue confirms it has suffered a breach, for which cybercrime group Icarus takes credit; Jamf, HackerOne, and others are affected — A hacking gr

Natasha Mascarenhas / Bloomberg: Menlo raised 3B for funds dedicated to backing AI startups, its largest fundraising to date; sources say Menlo's Anthropic stake is currently worth nearly 14B — In 202

Julian Chokkattu / Wired: Meta's Starfire glasses with Kylie Jenner include a tiny gemstone on the lens, a metal nose pad to prevent absorbing makeup, and an AI version of Kylie's voice — The new Meta

Britney Nguyen / MarketWatch: Micron and Sandisk led a tech selloff on Tuesday, falling more than 13%; Western Digital fell 8%, Marvell 9%, Seagate 5%, Qualcomm 8%, and Applied Materials 8% — One anal

Mistral AI Blog: Mistral debuts OCR 4, a model featuring structured document extraction with bounding boxes, block classification, and inline confidence scores, in 170 languages — Today, we're releasi

Brian Krebs / Krebs on Security: On the first day of their trial, two members of Scattered Spider plead guilty in the UK to charges stemming from a 2024 cyberattack on Transport for London — Two men p

Financial Times: OpenAI debuts at Cannes Lions, pitching its new ChatGPT ad business and Codex to marketers, as it tries to build a multibillion-dollar business ahead of an IPO — Lossmaking AI group i

Maria Deutscher / SiliconANGLE: Orderful, which offers AI-powered tools to automate supply chain data management, raised a 35M Series C led by KDT, bringing its total funding to 85M — Orderful Inc., a

Jan Wolfe / Reuters: SCOTUS ends a suit alleging Cisco aided China's Falun Gong persecution, further limiting a law used to hold corporations liable for overseas human rights abuses — The U.S. Supreme

Dinesh Nair / Bloomberg: Sources: Abu Dhabi's MGX has raised close to 50B from regional sovereign wealth funds, global pension funds, and others to accelerate spending on AI deals — Abu Dhabi's MGX ha

Bloomberg: Sources: Hadrian, which is building AI-powered factories to produce space and defense parts, is in talks to raise ~1B at a ~7.5B post-money valuation — Company runs AI-powered factories tha

New York Times: Sources: Meta is building a standalone prediction markets app called Arena, which would probably rely on video game-like points instead of money wagers — The experimental app, internal

Bloomberg: Sources: Miami-based cybersecurity company Varonis is exploring options including a potential sale after receiving takeover interest; VRNS jumps 6%+ — Cybersecurity company Varonis Systems

Eleanor Olcott / Financial Times: Sources: prices for Nvidia's AI chips on China's black market have more than doubled amid a US export crackdown; its flagship DGX B300 server has risen to $1.1M — US

Bloomberg: Sources: SpaceX, which is seeking to raise between 20B and 25B in its debut US bond sale, has drawn about 89B of demand — SpaceX Loses 600 Billion in Value Over Three Days — Video Player is

Bloomberg: Sources: Tencent is negotiating exits from several game studio investments in Japan, including Tokyo-traded Marvelous, as it reassesses its global portfolio — Tencent Holdings Ltd. is negot

New York Times: Sources: the Trump administration is pressing Meta to submit its AI models for voluntary review; Meta is the only major US AI developer without an agreement — Federal officials are urg

Chloe Taylor / CNBC: South Korea's tech-heavy Kospi index falls 10%, dragged down by SK Hynix and Samsung; STMicro and ASML fall ~7%, and US tech stocks fall in pre-market trading — Global stocks sold

Financial Times: Stark, which has a deal to supply “kamikaze” drones to the German military, raised €500M from Founders Fund, Sequoia, others; it faced criticism over Thiel ties — US billionaire's fun

Geoff Weiss / Business Insider: Superhuman acquires AI detection startup GPTZero, which has 19M+ registered users and 30M in annual recurring revenue; PitchBook: GPTZero is valued at 88M+ — As AI-gene

Evelyn Cheng / CNBC: Syntun: online sales during China's 618 shopping festival grew 4% YoY, a drop from 15.2% growth in 2025, amid China's persistent consumer spending slowdown — BEIJING — China's con

Margaux Nijkerk / CoinDesk: The Ethereum Foundation cuts ~20% of its workforce, or 54 staff, as part of a broad restructuring amid leadership turnover and growing Ethereum fragmentation — The Ethereum

Brendan Murray / Bloomberg: The EU is set to impose a €3 duty on non-EU items under €150 from July 1, as the bloc seeks to slow the flood of low-priced merchandise from retailers like Temu — Bargain-h

David Shepardson / Reuters: The FCC says an auction of wireless mid-band spectrum raised 3.5B+, which will largely be used to fund the replacement of Chinese telecom equipment in the US — The U.S. Fed

New York Times: The NSA was red-teaming Mythos 5 before losing access amid the Anthropic dispute; the tests showed Mythos identified cybersecurity flaws in classified systems — A recent episode unders

Don Clark / New York Times: Top500: China's Arm-based LineShine surpasses the US' El Capitan by 20% to be the world's fastest supercomputer, the first time China takes the crown since 2017 — A superco

Brian Steinberg / Variety: Walmart acquires Paris-based Vibe.co, which lets businesses create and run targeted ads on streaming services; Vibe.co's co-founders will join Walmart Connect — Walmart is o

Sarah Nassauer / Wall Street Journal: Walmart acquires Vibe.co, which lets businesses create and buy ads on CTVs, sources say for 1.4B cash; top executives get 180M to stay for four years — Retail gia

The Information: xLight, a startup developing advanced lasers for EUV machines, told investors that it is in talks to raise 350M led by Boardman Bay and Bain Capital — XLight, a startup developing adv

Hillel Aron / Courthouse News Service: YouTube settles a lawsuit ahead of a second California trial over social media harms to minors; Meta, TikTok, and Snap remain defendants — The case will now pit

Josh Eidelson / Bloomberg: A US NLRB judge ruled that Amazon violated federal law by not recognizing the Teamsters union at a SF warehouse and must collectively bargain with the workers — A US labor b

Allyson Versprille / Bloomberg: Air Space Intelligence won an $875M, 12-year FAA contract to develop AI tools that map flight trajectories and identify areas of congestion to reduce delays — Air Space

Bloomberg: Alphabet stock fell as much as 7.2%, the most intraday since February, after Google DeepMind VP John Jumper became its second top AI exec to leave in a week — Alphabet Inc. shares tumbled o

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 inve

Brody Ford / Bloomberg: Filing: Oracle's global workforce fell by 21,000 employees in the past 12 months to 141,000 as of May 31; the company says AI adoption has led to reductions — Oracle Corp. redu

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 — Searc

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. raise

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” —

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 —

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 w