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South Korean media: Hyundai plans to buy SoftBank's remaining 9.65% stake in Boston Dynamics for $325M to make the US robotics company a wholly owned subsidiary (Reuters)

Trump says he saw Anthropic last week as a national security threat, but signals relations have since improved because Dario Amodei was "nice" and "smart" at G7 (Maria Curi/Axios)

Oura Ring 5 review: impressive thinness, live activity tracking, and conversational AI, but not very durable, LEDs are distracting, and the app is confusing (Samantha Kelly/Bloomberg)

John Jumper, who won the Nobel Prize "for protein structure prediction", says he is leaving Google DeepMind after nearly nine years to join Anthropic (John Jumper/@johnjumpersci)

ASML says claims that one of its EUV lithography systems has ended up in China are inaccurate, after a report on Howard Lutnick's questions to ASML's leadership (Anton Shilov/Tom's Hardware)

Norway imposes a near ban on gen AI use by elementary school children and restricts its use in older kids' education, to prevent a negative impact on learning (Terje Solsvik/Reuters)

Amazon MGM Studios drops Luca Guadagnino's mostly finished movie on Sam Altman; Amazon struck a major deal with OpenAI in February, including a $50B investment (Variety)

John Edwards, UK Information Commissioner and chair of the ICO, the country's data and AI regulator, resigned following a workplace investigation (Liv McMahon/BBC)

Sources: England and Wales' attorney general tells his office to stop posting on X, a first for the UK government, amid worries about X inciting violence (Peter Walker/The Guardian)

The US FERC approves new orders to fast-track data center power requests, aiming to handle them in 90 days, while bringing new requirements for AI hyperscalers (Bloomberg)

Siemens expects Xcelerator revenue to more than double in 2026, aiming to make the platform an industrial app store integrating software and hardware offerings (Marilen Martin/Bloomberg)

Turkey approves Uber's $335M deal to buy Getir's delivery business, tied to a $500M investment pledge in Turkey; Uber is also paying $100M for a 15% Getir stake (Ana-Maria Stanciuc/The Next Web)

Filing: Jio Platforms, India's largest wireless operator with 526M+ subscribers, files for an IPO; the deal is expected to be one of India's biggest IPOs ever (Priyanka Salve/CNBC)

Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO (Jiahui Huang/Wall Street Journal)

How hacker group TeamPCP exploited the open source trust model and distribution method to compromise and inject malware into over 1,000 software packages (Matt Kapko/CyberScoop)

Sources detail how Google is using Nvidia's playbook to build an AI chip business, including providing $3.2B to fund a NY data center renting TPUs to Anthropic (Wall Street Journal)

Barret Zoph leaves OpenAI again five months after rejoining in January; Zoph initially left OpenAI in 2024 to serve as Thinking Machines Lab co-founder and CTO (Hayden Field/The Verge)

Sources: about 200 companies accessing Mythos Preview through Project Glasswing have preserved their access despite a recent US government shutdown order (Bloomberg)

The CFTC permanently bans Celsius founder Alex Mashinsky from trading in markets it oversees as part of a settlement resolving its 2023 lawsuit against him (Jesse Coghlan/Cointelegraph)

Sources: Commerce Secretary Howard Lutnick questioned ASML leaders on concerns China acquired one of its EUV machines, violating US-led export restrictions (Bloomberg)

Source: Elastic has agreed to acquire the AI site reliability engineering startup Deductive AI for up to $85M; CRV led Deductive AI's $7.5M seed round in 2025 (Marina Temkin/TechCrunch)

Appfigures: daily downloads of major VPN apps in India rose 49% on June 16 after India announced its Telegram ban; Proton and Turbo recorded largest increases (Jagmeet Singh/TechCrunch)

Sources: SpaceX plans to raise $20B in a bond sale as soon as next week; the funds would be used to pay back a $20B bridge loan taken out after the xAI merger (Financial Times)

Doc: SpaceX says the EU's plan to reserve satellite spectrum for European operators risks disrupting connectivity, including for emergency services in Ukraine (Financial Times)

A US circuit court overturned an injunction against Ohio, allowing the state to implement a law forcing platforms to seek parental consent if a user is under-16 (Nate Raymond/Reuters)

A profile of Meta President Dina Powell McCormick, who has become one of Silicon Valley's top power brokers as she helps oversee Meta's AI infrastructure push (Financial Times)

Intel names former SK Hynix CEO Seok-Hee Lee as EVP of Intel Foundry; Naga Chandrasekaran will lead front-end technology development and front-end manufacturing (Juby Babu/Reuters)

Sources: Kalshi is generating $2B+ in annualized revenue, up about three times from November, and has held informal talks with banks about an eventual IPO (Yueqi Yang/The Information)

Snap plans to spin off an internal generative AI video team into Dotmo, a new company focused on AI models for interactive gaming experiences, citing high costs (Lucas Ropek/TechCrunch)

Sources: Meta is under contract to buy roughly 1.6 GW of computing capacity from Crusoe across two data centers in Texas and Missouri (Bloomberg)

Unsealed docs: Google lost a court fight against a 2023 US warrant in a Jan. 6 pipe bomb probe seeking info of 300+ users who searched for the RNC and DNC HQs (Zoe Tillman/Bloomberg)

Sources: the White House and Anthropic are working on a framework that would assess the severity of AI security flaws, a sign that negotiations are progressing (Politico)

Sources: APEC, a derivatives exchange founded by the 22-year-old son of pro-crypto Senator Kirsten Gillibrand, raised $30M led by Lux at a $300M valuation (Ben Weiss/Fortune)

GLM-5.2 is the leading open weights model on Artificial Analysis' Intelligence Index, scoring 51, only behind Fable 5's 60, Opus 4.8's 56, and GPT-5.5's 55 (Artificial Analysis)

New book: Trump mocked Zuckerberg and Bezos by showing associates their fawning texts, saying they were "kissing my ass"; Musk called it "First-class groveling" (Hugo Lowell/Wired)

Rockstar Games announces that pre-orders for Grand Theft Auto VI will go live on June 25; TTWO closed up 4.93% (Zack Zwiezen/Kotaku)

Apple opens iOS to alternative app marketplaces in Brazil and changes App Store commission structure following a settlement with competition watchdog CADE (Marcus Mendes/9to5Mac)

Former Trump AI adviser Dean Ball is joining OpenAI to lead a new team called Strategic Futures, focused on frontier AI policy and internal governance (Ashley Gold/Axios)

Sources: General Intuition, which trains AI agents in spatial reasoning, is in talks to raise $300M from Jeff Bezos and others at a $2B+ valuation (Rebecca Bellan/TechCrunch)

Amazon's AI chief Peter DeSantis says the company is in talks to sell its custom Trainium AI chips for use in third-party data centers (Mark Bergen/Bloomberg)

Filings: Waymo pulls its ~4K robotaxis from highways after finding 13+ instances of the cars driving into highway sections under construction (Sean O'Kane/TechCrunch)

Seattle-based Gradial, which makes AI agents that automate enterprise marketing workflows, raised a $65M Series C led by Insight Partners at a $675M valuation (Kerry Flynn/Axios)

Sources: the early Chinese backers of Manus, including HSG, ZhenFund, and Tencent, plan to buy the AI startup back from Meta at the $2B price Meta paid (The Information)

Architect Labs, which aims to use AI to cheapen and speed up the process of designing custom chips, raised a $24M seed led by Kindred Ventures (Max A. Cherney/Reuters)

Sources: as early as next week, the EU is set to unveil its preliminary findings that AWS and Azure seem to meet the criteria for regulation under the DMA (Bloomberg)

As David Sacks steps back and Sriram Krishnan prepares to leave, Commerce Secretary Howard Lutnick and others are leading AI policy in the Trump administration (Maria Curi/Axios)

Hive's stock jumps 5%+ after the company announced a $220M, three-year GPU cloud contract with Bell Canada and Cohere, as it pivots away from bitcoin mining (James Van Straten/CoinDesk)

Former Gojek CEO and Indonesian education minister Nadiem Makarim is charged with taking ~$46M in rewards tied to a Chromebook procurement contract for schools (Bloomberg)

An in-depth look at Meta's AI-fueled rampage through its engineering organization, 30% to 50% of engineers on core teams reassigned to data labeling, and more (Gergely Orosz/The Pragmatic Engineer)

Prem AI, a Swiss startup that lets hedge funds and law firms run AI models on their own infrastructure, is raising a $100M Series A, targeting a $500M valuation (Natalia Kniazhevich/Bloomberg)