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The NSA was red-teaming Mythos 5 before losing access amid the Anthropic dispute; the tests showed Mythos identified cybersecurity flaws in classified systems (New York Times)

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 (Maria Deutscher/SiliconANGLE)

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 (The Information)

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% (Britney Nguyen/MarketWatch)

YouTube settles a lawsuit ahead of a second California trial over social media harms to minors; Meta, TikTok, and Snap remain defendants (Hillel Aron/Courthouse News Service)

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 (New York Times)

Cerebras reports Q1 revenue up 94% YoY to $193.4M, net loss down 41% to $14M, and forecasts core gross margin to shrink in Q2; CBRS drops 8%+ after hours (Jordan Novet/CNBC)

Mistral debuts OCR 4, a model featuring structured document extraction with bounding boxes, block classification, and inline confidence scores, in 170 languages (Mistral AI Blog)

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 (Bloomberg)

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

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 (David Shepardson/Reuters)

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 (Sarah Nassauer/Wall Street Journal)

Alibaba sues the DOD, seeking removal from a blacklist of companies supporting China's military, says the decision is a violation of constitutional due process (Bloomberg)

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 (Brian Krebs/Krebs on Security)

Anthropic launches Claude Tag, an agentic AI coworker for Slack that can learn context, give suggestions, and more, in beta for Claude Team and Enterprise tiers (David Gewirtz/ZDNET)

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

SpaceX raised $25B in its debut US bond sale; sources: the offering drew nearly $90B of orders at its peak, falling to $73B by the time the deal priced (Bloomberg)

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 (Financial Times)

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

Beehiiv adds Cloudflare AI Crawl Control to writers' dashboards, allowing them to decide whether AI crawlers can scrape their work (Duncan Riley/SiliconANGLE)

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

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 (Brian Steinberg/Variety)

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 (Jan Wolfe/Reuters)

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

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 (Dinesh Nair/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 (Natasha Mascarenhas/Bloomberg)

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 (Julian Chokkattu/Wired)

Meta says Meta Glasses are its first AI glasses to launch with Meta AI powered by Muse Spark, and come in a range of color and lens combinations for 26 styles (Meta Newsroom)

Meta Fury, Meta Adventurer, and Meta Glasses by Kylie have EssilorLuxottica stamped on the inside; Meta executives say dropping "Ray-Ban" helps lower the price (Victoria Song/The Verge)

Meta unveils Meta Adventurer and Fury glasses, each priced at $299, its first under its own brand, and a $399 Starfire model in collaboration with Kylie Jenner (Mark Gurman/Bloomberg)

New York-based crypto analytics startup Allium raised a $40M Series B led by Amplify Partners, with participation from Kleiner Perkins and others (Ben Weiss/Fortune)

The Netherlands joins the US-led Pax Silica initiative alongside South Korea and Japan to coordinate AI supply chains; Taiwan endorses it as a non-signatory (Toby Sterling/Reuters)

ByteDance unveils Seedance 2.5, saying the AI video model can generate up to 30-second clips from up to 50 reference materials, up from 12 for Seedance 2.0 (Juro Osawa/The Information)

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 (Guinevere Grant/Bloomberg)

How Sam Altman's 80+ personal investments, many from his time running YC, benefit from ties to OpenAI; 10+ companies have discussed business deals with OpenAI (Wall Street Journal)

Top500: China's Arm-based LineShine passes the US' El Capitan by 20%+ as the world's fastest supercomputer, the first time China has taken the crown since 2017 (Don Clark/New York Times)

The EU will apply a €3 duty on items under €150 from July 1, as the bloc seeks to slow the flood of low-priced merchandise from retailers like Shein and Temu (Brendan Murray/Bloomberg)

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 (Chloe Taylor/CNBC)

Q&A with Nvidia VP of Healthcare Kimberly Powell on how AI can ease doctors' workloads, address trained medical staff shortages, improve patient care, and more (Cristina Criddle/Financial Times)

Sources: Tencent is negotiating exits from minority investments in game studios in Japan, such as Tokyo-traded Marvelous, as it reassesses its global portfolio (Bloomberg)

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 future (Chris Gillett/Works in Progress Magazine)

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 (Evelyn Cheng/CNBC)

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 (Patrick Temple-West/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 its IPO (Financial Times)

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 (Josh Eidelson/Bloomberg)

Real estate professionals are increasingly using AI-powered virtual staging tools like Stuccco and BoxBrownie to create misleading house and apartment listings (Gaby Del Valle/The Verge)

Sources: Qualcomm is in advanced talks to acquire Modular in a transaction valuing the AI chip startup at ~$4B, up from a $1.6B valuation in September 2025 (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 (Brody Ford/Bloomberg)

President Trump signs two executive orders aimed at speeding the development of advanced quantum computers and mitigating the security threats they present (Amrith Ramkumar/Wall Street Journal)

Meta says it is pausing its employee input tracking program after internal security issues exposed potentially sensitive data meant to train AI models (Wired)