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Techmeme

Meta says Quest users will lose access to Meta Horizon Worlds on the headsets on June 15; access will continue on the Meta Horizon mobile app (Riley Griffin/Bloomberg)

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Jensen Huang says Nvidia is in the process of restarting manufacturing of its H200 chips for shipments to China and it has received orders from "many customers" (Ina Fried/Axios)

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Robinhood Ventures Fund I discloses its first investments, buying $14.6M of Stripe shares and $20M of ElevenLabs' preferred stock in March (CoinDesk)

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Sources: China is penalizing people tied to Meta's $2B Manus acquisition, including by apparently restricting Manus executives from leaving China for Singapore (New York Times)

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At an all-hands, Andy Jassy said he expects AI to help AWS reach $600B in annual sales by 2036, double his prior estimate; AWS had revenue of $128.7B in 2025 (Greg Bensinger/Reuters)

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Candex, which helps large companies pay small, one-time, or irregular vendors, raised a $40M Series C, bringing its total funding to more than $120M (Mary Ann Azevedo/Crunchbase News)

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NetBlocks and Kentik: Iran further restricted what little internet connectivity remained to curb VPNs, possibly to forestall protests during Festival of Fire (Bloomberg)

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Arizona sues Kalshi for allegedly operating an illegal gambling business and unlawfully facilitating betting on elections; Kalshi faces a similar suit in Nevada (Anna Washenko/Engadget)

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OpenAI launches GPT-5.4 mini and nano, aimed at agents, coding, and multi-modal workflows, and offering near GPT-5.4-level performance at a much lower cost (David Gewirtz/ZDNET)

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Google expands Personal Intelligence, which lets Gemini tailor its responses by connecting to Gmail and other Google services, from paid users to all US users (Aisha Malik/TechCrunch)

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Intel unveils the Core Ultra 200HX Plus CPUs for high-end gaming laptops, offering an Intel Binary Optimization Tool to improve native performance in some games (Antonio G. Di Benedetto/The Verge)

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Tel Aviv- and Seattle-based Native, which helps companies monitor security across cloud providers, emerges from stealth with an $11M seed and a $31M Series A (Chris Metinko/Axios)

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Memo: Satya Nadella says ex-Snap executive Jacob Andreou will lead Copilot for commercial and consumer clients; Mustafa Suleyman will focus on new AI models (Jordan Novet/CNBC)

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World launches AgentKit, a software development tool that enables sites to verify that a real human is behind the purchasing decisions of AI shopping agents (Lucas Ropek/TechCrunch)

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Crypto trading firm GSR says it is acquiring Autonomous and Architech for $57M, expanding into token advisory and capital markets services (Krisztian Sandor/CoinDesk)

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Sources: OpenAI signed a deal with AWS to sell its AI services to US government agencies for both classified and unclassified work, amid the Anthropic-DOD spat (The Information)

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Baidu is integrating OpenClaw with its Xiaodu devices to work as voice-controlled remotes, joining Tencent and Alibaba in racing to capitalize on agentic AI (Bloomberg)

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IBM closes its $11B deal for data streaming company Confluent; IBM CEO Arvind Krishna says he expects IBM will maintain or grow its head count over five years (Belle Lin/Wall Street Journal)

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Qualcomm says it plans to buy back another $20B worth of shares and is raising its quarterly cash dividend, after unveiling a $15B buyback in November 2024 (Lynn Doan/Bloomberg)

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Q&A with Kalshi co-founders Tarek Mansour and Luana Lopes Lara on suing the US government, solving market making, agentic and insider trading, ethics, and more (John Collison/Cheeky Pint)

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PayPal expands access to its PYUSD stablecoin from the US and the UK to 70 countries in total, including Colombia, Panama, Peru, Singapore, Uganda, and Malawi (Ben Weiss/Fortune)

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Mastercard agrees to acquire London-based stablecoin payments infra startup BVNK for up to $1.8B, including $300M in contingent payments, set to close in 2026 (Reuters)

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Enterprise AI automation startup Standard Template Labs raised a $49M seed co-led by Iconiq and CRV, a source says at a $300M post-money valuation (Natasha Mascarenhas/Bloomberg)

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Darton Commodities: the global cobalt shortage is set to persist through 2030, after Congo limited exports in 2025; the DRC accounts for 70%+ of global supply (Annie Lee/Bloomberg)

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Agentic cybersecurity startup Surf AI, which helps teams read signals from identity, cloud, and other tools, emerges from stealth with $57M in seed and Series A (Chris Metinko/Axios)

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Amsterdam-based Nebius plans to raise ~$3.75B in convertible debt to fund its data center expansion and to purchase customized AI chips, after its Meta deal (Mark Bergen/Bloomberg)

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Q&A with Jensen Huang on Nvidia's CUDA core, reasoning and coding, CPUs' role in accelerated computing, Groq, China and the doomers, Nvidia's nature, and more (Ben Thompson/Stratechery)

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Amazon begins three-hour deliveries in ~2K US cities and towns and one-hour deliveries in hundreds of those areas, after 2025 pilots; 90K+ products are eligible (Annie Palmer/CNBC)

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Sources: Google is in talks with Envicool and other Chinese companies about buying data center liquid cooling equipment, amid a tight supply of such parts (Reuters)

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Gecko Robotics secures a $71M US Navy contract to use robots to slash repair time for dated ships, as the US races to reindustrialize its aging defense systems (Samantha Subin/CNBC)

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Sources: KKR, Blackstone, and other investors have turned down some data center debt because of insufficient insurance against risks like natural disasters (Financial Times)

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SK Group Chair Chey Tae-won says memory chip makers are expanding capacity but are unlikely to match demand until around 2030; basic wafer supply lags by 20%+ (Yoolim Lee/Bloomberg)

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Q&A with Ted Sarandos on his visit to Brussels, Netflix's European investments, EU regulation, YouTube, TikTok, WBD, Trump's Susan Rice criticism, AI, and more (Carrie Budoff Brown/Politico)

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The UK plans to spend £1B+ on quantum computing research over four years, including funding companies in pharmaceuticals, financial services, and energy (Mia Dawkins/Bloomberg)

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EU countries introduce sanctions on hacking groups, including Iran's Emennet Pasargad, which hacked magazine Charlie Hebdo in 2023, and two Chinese companies (Sam Clark/Politico)

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Berlin-based Upvest, which builds trading APIs for neobanks and retail lenders, raised $90M in equity, sources say at a $735M valuation, up from ~$413M in 2024 (Arno Schütze/Bloomberg)

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Samsung says it is winding down sales of its $2,899 Galaxy Z TriFold in South Korea and the US once it clears inventory, after just three months on the market (Bloomberg)

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Q&A with CEO Jim Lanzone on Yahoo being "very profitable", its new AI search engine, focusing on sports content, including original video and podcasts, and more (Nilay Patel/The Verge)

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Open models will largely lose if they keep chasing closed frontier AI models; instead, open models should serve as complementary tools to closed agents (Nathan Lambert/Interconnects AI)

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Nvidia says game developers have full "artistic control over DLSS 5's effects", following backlash alleging that the AI rendering tech altered source material (Tyler Wilde/PC Gamer)

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Alibaba launches Wukong, an enterprise AI platform that coordinates multiple AI agents to handle complex tasks like document editing, currently in beta (Reuters)

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Mistral releases Small 4, its first model to unify reasoning, multimodal, and coding capabilities of its flagship Magistral, Pixtral, and Devstral models (Mistral AI)

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A reporter details harassment and death threats from gamblers who stand to win a Polymarket bet if he would change his report on a missile impact in Israel (Emanuel Fabian/The Times of Israel)

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Fuse, which offers AI-powered loan origination software to credit unions and other financial institutions, raised a $25M Series A (Marina Temkin/TechCrunch)

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How Disney Imagineering built an Olaf robot, set to arrive at Disneyland Paris this month, and taught it to move via reinforcement learning and simulation (Jacob Krol/TechRadar)

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In an all-hands meeting, Fidji Simo described plans to shift OpenAI's strategy around coding and business users, urging staff to avoid "side quests" (Berber Jin/Wall Street Journal)

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RoboForce, which is developing robotics systems to perform physically demanding industrial work, raised $52M led by YZi Labs, bringing its total funding to $67M (Duncan Riley/SiliconANGLE)

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Nvidia announces the Nemotron Coalition, which includes Thinking Machines Lab, Cursor, and Mistral, to develop an open model trained on Nvidia DGX Cloud (Sebastian Moss/DatacenterDynamics)

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Nscale acquires American Intelligence & Power, which owns a 2,250-acre data center campus in West Virginia, where it plans to build up to 8GW of compute by 2031 (Robbie Whelan/Wall Street Journal)

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Austin-based Ironlight, which is building a regulated marketplace for tokenized securities, raised a $21M Series A; its platform received FINRA approval in 2025 (Ryan Lawler/Axios)

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