Search: “techmeme”

Lily Mae Lazarus / Fortune: Databento, which sells financial data feeds, raised a 97M Series B led by NEA, taking its total funding to 127M, and says it is “profitable every month” — Christina Qi spen

Gené Teare / Crunchbase News: European startups raised 24B in Q2, up 66% YoY and the strongest quarter in four years; UK startups raised 10.4B, above Germany's 3.2B, and France's 2.4B — In Q2, Europe

Andrew Ackerman / Washington Post: Federal Reserve Chair Kevin Warsh names Marc Andreessen and Xbox CEO Asha Sharma to lead a task force on the economic impact of new technologies, including AI — The

Wall Street Journal: Fidji Simo says she has decided to leave her full-time role at OpenAI and transition to being a part-time adviser after her medical condition worsened — The head of artificial gen

Sarah Perez / TechCrunch: Google says it will automatically add a disclosure to ads that are made with its AI advertising tools, expanding the disclosure beyond election ads to all ads — Google is rol

OpenAI: GPT-5.6 Sol costs 5 per 1M input tokens and 30 per 1M output tokens, GPT-5.6 Terra costs 2.50 and 15, and GPT-5.6 Luna costs 1 and 6 — More intelligence from every token, stronger performance

Rose Horowitch / The Atlantic: How the internet, smartphones, social media, and now generative AI are accelerating a drop in the reading of longer works like books — twenty-three hundred years ago, th

Leo Schwartz / The Information: Internal US DOJ memo: attorneys working on digital currency cases should expect less cooperation from Binance, which is adding requirements for asset freezes — In early

Sergiu Gatlan / BleepingComputer: Interpol and law enforcement agencies arrest 5,811 suspects and seize 293M in an operation combating social engineering scams and fraud across 97 countries — Law enfo

John Reynolds / Tech.eu: Kraken Technology, which designs and builds autonomous maritime platforms, such as uncrewed subsurface vessels, raised a 175M Series B at a 1B valuation — It says it will use

Lawrence Bonk / Engadget: Leaked renders via Android Headlines show the Samsung Galaxy Z Flip 8, Z Fold 8, Watch 9, and Watch Ultra 2; the Galaxy Z Fold 8 is likely a new wide foldable — The company h

Lily Mae Lazarus / Fortune: Mercor acquires Deeptune, which builds reinforcement learning environments for AI agents, three months after CEO Brendan Foody backed Deeptune's $43M Series A — Brendan Foo

Kurt Wagner / Bloomberg: Meta launches a Meta Model API, which Mark Zuckerberg says will have “aggressive and attractive” pricing at ~25% of the cost of OpenAI's and Anthropic's models — In a crowded

Ina Fried / Axios: Meta prices Muse Spark 1.1 at 1.25/1M input tokens and 4.25/1M output tokens; Alexandr Wang says improving coding and agentic performance was a key focus — Facebook's parent company

Dominic Preston / The Verge: Meta releases Muse Spark 1.1, capable of more advanced coding and a “step-change” from the first generation, available to US developers via a public API preview — Muse Spa

Maggie Eastland / Bloomberg: Micron raises its US capex commitment to 250B through 2035, adding 50B for New York, Idaho, Virginia, and other projects, and invests $500M in GlobalWafers — Micron Raises

Beatrice Nolan / Fortune: Microsoft President Brad Smith says the US now has AI “regulation without transparent or complete rules”, and adds that “without rules, businesses can't plan” — Microsoft Pre

Bloomberg: MiniMax is looking to raise as much as 1.9B by selling 35.6M shares at ~34 each and offering ~$830M in convertible bonds due 2027 — MiniMax Group Inc. is joining a rush by Chinese technolog

Julie Bort / TechCrunch: Ollama, which helps developers run open-weight AI models locally, raised a 65M Series B led by Theory Venture, following a 15M Series A led by Benchmark — The popular open sou

Axios: OpenAI broadly releases GPT-5.6, and launches ChatGPT Work, an AI agent that can gather context across apps and files to create documents, on Mac and Windows — - Sol is the most powerful versio

Mike Wheatley / SiliconANGLE: Oxylabs, which develops web data scraping infrastructure, received a 130M investment at a 3.6B valuation from Warburg Pincus, its first outside investment — Data scraping

Duncan Riley / SiliconANGLE: PitchBook: US venture funding hit 412.7B in H1 2026, up 30% on all of 2025, with AI startup funding accounting for 86%, or 355.9B; Q2 saw seven 1B+ rounds — U.S. venture c

Aaron Tilley / The Information: PrismML shrunk Qwen 3.6 to 27B parameters and ran it on an iPhone 17 Pro, bigger than any prior mobile model; sources: Apple talked with PrismML about its tech — Apple

Foo Yun Chee / Reuters: SAP will make it easier for customers to switch to rival service providers or end contracts, averting a possible EU antitrust fine after a September 2025 probe — SAP (SAPG.DE),

Bloomberg: Shanghai-based GPU maker Iluvatar CoreX raised ~902M in a Hong Kong share sale; the company's stock has soared 257% since its January IPO, which raised 473M — Shanghai Iluvatar CoreX Semico

Bloomberg: SK Hynix raises 26.5B in the largest ever US market debut by a foreign company, selling 177.9M ADRs for 149 each; the sale was more than 7x oversubscribed — SK Hynix Inc. raised $26.5 billi

Wall Street Journal: Sources: Netflix executives are increasingly worried about declining engagement and are exploring adding live TV and bundling streaming services like Peacock — Streamer is rethink

Chris Welch / Bloomberg: Sources: Sonos' layoffs include some top design and product executives, like VP of Design Dana Krieger; CEO Tom Conrad says the move reduces management layers — Sonos Inc. has

Financial Times: The AI data center boom has led to surging demand for power transformers, with average lead times for orders, once measured in months, now stretching into years — Surging data-centre

Paul Sandle / Reuters: US cybersecurity and data resilience company Rubrik plans to invest 500M+ in the UK over the next five years and establish its European headquarters in London — U.S. cybersecuri

CNBC: A look at Chinese lidar maker Hesai, blacklisted by the US DOD in 2024, as it expands in the US; Hesai says it has ~33% of the global automotive lidar market — Robots on the factory floor. Self-

Barratt Dewey / Tectonic Defense: Arkenstone Defense, which is building software to handle back-office work for defense tech startups, emerges from stealth with a $35M seed led by J2 Ventures — You kn

Daniel Wiessner / Reuters: Block agrees to pay 45M and offer live customer support for Cash App to settle claims by 46 US states that the company failed to protect users from fraud — Block (XYZ.N) has

Rajasik Mukherjee / Reuters: China's Nexchip Semiconductor says it aims to raise around 890.37M in its Hong Kong share sale by offering 216.2M shares at ~4.12/share, the top of its range — China's Nex

Cognition: Cognition releases SWE-1.7, trained from Kimi K2.7 and available at 1,000 tokens/second, claiming it nears GPT-5.5 and Opus 4.8 on benchmarks at a lower cost — Today, we're launching SWE-1.

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 Information: Filings: Grubhub parent Wonder is raising hundreds of millions at a 9B valuation; source: founder Marc Lore indicated he'll contribute 200M to the round — Wonder, the owner of GrubHub

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

Jiahui Huang / Wall Street Journal: GM-backed Chinese autonomous driving company Momenta saw a muted trading debut in its Hong Kong IPO, up 2.8% to value the company at ~9B, after raising 751M — Momen

Axios: Grok 4.5 is available in Grok Build, in Cursor, and from the SpaceXAI console, but not in the EU; it costs 2 per 1M input tokens and 6 per 1M output tokens — Elon Musk's SpaceXAI is launching G

Meir Orbach / CTech: Israeli startup Alta, which develops an AI agent platform for marketing, sales, and business development teams, raised a 25M Series A led by IN Venture — The AI agent platform fou

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 st

Jonathan Vanian / CNBC: Meta announces its first data center in Canada, a 1GW facility in Alberta that will cost the company about $9B and take two to three years to construct — Meta's AI expansion is

Benoit Berthelot / Bloomberg: Mistral launches Robostral Navigate, a hardware-agnostic robotics navigation model trained via simulation that uses a single camera and basic language prompts — Mistral A

Phoebe Liu / The Information: Nvidia and AI chip startup d-Matrix are combining their hardware in a new system to power AI models, the latest example of Nvidia partnering with rivals — Nvidia has a pl

Bloomberg: Nvidia lost ~1T in market value in less than two months, dropping 16% from its May all-time-high, trading at 18x forward earnings, its lowest level since 2019 — After losing roughly 1 trill

OpenAI: OpenAI launches GPT-Live, a new generation of voice models built on a full-duplex architecture, meaning they can listen and speak at the same time — A new generation of voice models for natura