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Techmeme

AI market research platform AlphaSense raised $350M from Vitruvian, Accenture, and others at a $7.5B valuation, up from $4B in 2024, ahead of a possible IPO (Ben Glickman/Wall Street Journal)

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Apoha, which is developing a "Liquid State Intelligence" data layer to measure molecules in the real world, emerges from stealth with $36M led by Singular (Mike Butcher/Pathfounders)

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How OpenAI, Anthropic, and AI startups are pursuing "recursive self-improvement", in a bid to build AI that can improve itself with little to no human input (Financial Times)

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The US data center build-out is falling behind schedule; JP Morgan says 60%+ of data center capacity planned for completion in 2027 isn't yet under construction (Katherine Blunt/Wall Street Journal)

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How Revolut founder Nikolay Storonsky's Elon Musk-style pay incentives pushed his fortune to ~$20.4B, making him the UK's richest person, ahead of a planned IPO (Aisha S Gani/Bloomberg)

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Doc: Apple agreed in May to submit the financials of its India business to the country's antitrust body as part of an investigation over alleged market abuses (Aditya Kalra/Reuters)

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Israeli startup ZutaCore, which builds direct-to-chip liquid data center cooling systems, raised a $100M Series C from Mitsubishi and more at a $600M valuation (Meir Orbach/CTech)

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AI music startup Suno raised $400M led by Bond at a $5.4B valuation, up from $2.45B after raising $250M in November 2025, and passed 2M subscribers in February (Lucas Shaw/Bloomberg)

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How startups Westmag, which raised an $11M, a16z-led seed in August 2025, and Atlas are seeking to make actuators, the foundation of hardware, outside of China (Kylie Robison/Core Memory)

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Google unveils five AI data center water commitments, including becoming water positive by 2030, local infrastructure investment, and transparency about usage (Lauren Feiner/The Verge)

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Layup Parts, which aims to digitize the composite manufacturing supply chain for aerospace, defense, and motorsports, raised a $42M Series A led by Marlinspike (Sean O'Kane/TechCrunch)

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Alibaba releases Qwen3.7-Plus, a multimodal proprietary model with a 1M-token context window, costing $2 per 1M tokens, 60% less than text-only Qwen3.7-Max (Carl Franzen/VentureBeat)

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GitLab is laying off 350 staff, or 14% of its workforce, as it pivots to become an AI-focused enterprise software development platform, and exits 22 countries (Dean Seal/Wall Street Journal)

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The EU General Court annuls the EU's designation of Meta's Marketplace as a DMA gatekeeper, citing partial evidence, but upholds the designation for Messenger (Samuel Stolton/Bloomberg)

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Barcelona-based HR software startup Factorial raised a $150M Series D led by General Catalyst at a $2.5B valuation to expand AI agents and grow in Germany (Mauro Orru/Wall Street Journal)

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Q&A with labor economist Kathryn Anne Edwards on why much of the AI jobs panic is overblown, why the US should start planning for AI job loss outcomes, and more (Casey Newton/Platformer)

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The UK CMA says publishers in the country will be allowed to opt out of Google AI search results, giving the company nine months to implement the changes (Imran Rahman-Jones/BBC)

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London-based Gigaton, which is developing AI to automate industrial control systems for cement, steel, glass, and chemicals plants, raised a $26M Series A (Mike Butcher/Pathfounders)

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French quantum computing startup Quobly, which is developing silicon-based quantum computers, raised a €115M Series A led by Bpifrance, SEALSQ, and STMicro (Tamara Djurickovic/Tech.eu)

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How India's ambitions to build and export a sovereign AI template are colliding with structural constraints, including a dependence on foreign AI infrastructure (Saritha Rai/Bloomberg)

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UnearthInsight: Indian IT companies have spent $7.1B on acquisitions since the start of 2025 to gain clients, as AI-led pricing pressure weakens organic growth (Shristi Achar/The Economic Times)

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Mastercard says it plans to offer on-chain settlement using several regulated USD stablecoins, initially supporting USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD (Helene Braun/CoinDesk)

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Google says it is testing a new toggle inside its Search Console with some UK domain owners, letting them decide whether their sites appear in AI search results (Igor Bonifacic/Engadget)

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Sources: DeepSeek is set to raise ~$7.4B in its first funding round from investors including Tencent and CATL at a valuation of between ~$52B and ~$59B (Reuters)

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Current and former Meta employees detail Alexandr Wang's efforts to revive Meta's AI edge, as Muse Spark boosts confidence despite lagging rivals in coding (Hannah Murphy/Financial Times)

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University of Toronto researchers claim to have developed a "worm" powered by open source AI that exploits known flaws and tailors attacks for each computer (Cade Metz/New York Times)

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Sensor Tower: ChatGPT becomes the fastest app by far to hit 1B global MAUs; ChatGPT's MAUs are up 62% YoY in Q2 to date and Claude's MAUs are up 640% YoY to 56M (Harshita Mary Varghese/Reuters)

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Source: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, an unusual move since most companies set a price range before the roadshow (Echo Wang/Reuters)

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Source: Google asked Google Play app developers to join a "confidential content offer pilot", offering to pay for codebase access to use it to train AI tools (Jason Koebler/404 Media)

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Google selling $10B of equity to Berkshire is fascinating and functions as a signal that AI demand is high, in a world where the most cash buys the most compute (Ben Thompson/Stratechery)

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Bitcoin fell as much as 7% over 24 hours to below $67K on Tuesday for the first time since April, following Strategy's first BTC sale since 2022; MSTR fell 9% (Bloomberg)

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Oxford Quantum Circuits, a UK-based startup building and deploying quantum computers, has raised a $350M Series C led by Bullhound Capital (Daphné Leprince-Ringuet/Sifted)

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Sources: a Broadcom-backed portion of Apollo and Blackstone's $36B debt deal to buy TPUs for Anthropic to lease may yield ~5.75% vs. 8%-9% for a riskier portion (Bloomberg)

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The US sanctions Nobitex, Iran's largest crypto exchange, accusing it of helping Iran's government and blacklisted state institutions evade Western sanctions (Gavin Finch/Reuters)

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Palo Alto Networks reports Q3 revenue up 31% YoY to $3B, including $388M from CyberArk and Chronosphere, vs. $2.94B est., and forecasts Q4 revenue above est. (Samantha Subin/CNBC)

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Source: a CoreWeave-tied data center raised $900M via five-year junk bonds, priced at par to yield 7.5%, as the sector increasingly turns to high-yield bonds (Gowri Gurumurthy/Bloomberg)

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Meta is testing a Series feature, letting select creators make episodic Reels that are placed in a dedicated hub on their profile, using both old and new Reels (Aisha Malik/TechCrunch)

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Marvell shares closed up 32.52% on Tuesday after Jensen Huang hailed the chipmaker as the "next trillion-dollar company" at Computex (Sawdah Bhaimiya/CNBC)

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Microsoft releases ASSERT, an open-source framework that lets developers generate and run AI behavior tests using natural-language descriptions (Ram Iyer/TechCrunch)

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Internal memo: Meta is scaling back elements of its employee tracking tool, launched in April to help train its AI models, after staff raised concerns (Jyoti Mann/The Information)

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Microsoft and Mayo Clinic partner for an AI model trained on Mayo's medical data, with plans to build an AI healthcare assistant and AI tools for clinicians (Clare Duffy/CNN)

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An interview with Microsoft AI CEO Mustafa Suleyman about its models catching up to the state of the art from months ago, refusing to distill models, and more (Reed Albergotti/Semafor)

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Microsoft debuts MAI-Thinking-1, its first advanced reasoning AI model, trained "from the ground up on clean data, without distillation from third-party models" (Jay Peters/The Verge)

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Microsoft unveils Majorana 2, a quantum chip that it developed using AI tools for materials science, and says it will have commercial quantum machines by 2029 (Stephen Nellis/Reuters)

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Google adds a scam-detection feature, built on RCS, to Android 12 and later that verifies whether a call is coming from the caller's actual Android smartphone (Lily Hay Newman/Wired)

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Microsoft announces the Agent Control Specification, an open-source standard that gives developers a granular, consistent way to control what AI agents can do (Ram Iyer/TechCrunch)

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GitHub unveils a GitHub Copilot desktop app in technical preview, which introduces a new feature called canvases for bidirectional work between users and agents (Mario Rodriguez/The GitHub Blog)

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Microsoft announces seven AI models, including a reasoning one and an "ultra efficient" coding one fine-tuned for GitHub, for businesses and to lower its costs (Rafe Rosner-Uddin/Financial Times)

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Microsoft announces Scout, an always-on enterprise AI agent built on OpenClaw, appearing as a Microsoft Teams contact to automate tasks like scheduling and more (Reece Rogers/Wired)

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Perplexity unveils a Computer feature that splits tasks across local models and cloud-based models, to keep private data on-device and maximize token efficiency (Zac Hall/9to5Mac)

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