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Italy's competition authority says it has dropped its 2025 probe into Meta over allegations Meta abused its dominant position by installing Meta AI on WhatsApp (Alvise Armellini/Reuters)

Sources: former OpenAI researcher Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, has $20B+ AUM, after launching less than two years ago (Peter Rudegeair/Wall Street Journal)

Analysis: China's low-cost ecommerce exports fell 10.9% YoY in April to $9.81B, the fifth straight monthly decline, amid surging fuel costs and weakening demand (Reuters)

Microsoft has shut down 70+ of its own repositories on GitHub after hackers pushed malware that would steal credentials from users of AI coding agents (Joseph Cox/404 Media)

Sources: Russia paused parts of a surveillance system protecting Putin after Israel used AI on footage from Iran's traffic cameras to locate Ayatollah Khamenei (Financial Times)

PointFive, which helps companies reduce unnecessary cloud and AI spending, raised a $60M Series B led by Accel, bringing its total funding to $100M (Maria Armental/Wall Street Journal)

NY-based A Security, which uses AI to automate offensive cybersecurity, emerges from stealth with $37M in funding from Lightspeed, Wiz's Assaf Rapaport, others (Lily Mae Lazarus/Fortune)

Amazon announces a multiyear, multibillion-dollar deal with Corning to produce optical fiber for its US data centers; Corning shares jump 8%+ (Katie Tarasov/CNBC)

FTX co-founder Sam Bankman-Fried formally applies for a presidential pardon; he was sentenced to 25 years in prison in 2024, following the FTX collapse (Bloomberg)

A study estimates the iPhone's diffusion explains 33%-52% of the decline in US births from 2007 to 2011, with the most pronounced effects among women aged 15-24 (Sabrina Tavernise/New York Times)

Meta says it's filing a federal court contempt order against NSO for violating a permanent injunction that barred NSO from ever targeting WhatsApp and its users (Jaspreet Singh/Reuters)

Sources: Google recently placed an order with Intel to manufacture 3M+ TPUs in 2028; Nvidia is testing Intel's tech for a new processor and running 18A trials (Qianer Liu/The Information)

Sources: the US urged NATO allies to channel defense spending toward efforts to replace components from Huawei in their networks and critical infrastructure (Bloomberg)

Bending Spoons files for a US IPO, reporting a net income of $27.5M on revenue of $601M in Q1, vs. a net loss of $112.2M on revenue of $259M a year earlier (Arasu Kannagi Basil/Reuters)

Travis Kalanick, Mark Pincus, and other founders share their horror stories of pitching to VCs; Cloudflare CEO Matthew Prince publicly calls out Vinod Khosla (Julie Bort/TechCrunch)

A look at Ireland's Bring Your Own Power policy, which requires new data centers to have their own power plants on site or contracts for energy produced nearby (Yusuf Khan/Wall Street Journal)

UK PM Keir Starmer says tech companies must introduce "device controls" that stop kids from sending and receiving nude images or face laws forcing them to do so (Reuters)

In a notice to Maine's AG, Meta says 20,225+ Instagram accounts may have been hacked during the months-long abuse of its Meta AI chatbot, starting on April 17 (Zack Whittaker/~this week in security~)

Report: UK PM Keir Starmer is set to announce a ban on "harmful" online platforms for children under 16 while maintaining access to some "safer" social media (Reuters)

Meta Says 20,000 Instagram Accounts Hacked Via AI Tool Abuse (Eduard Kovacs/SecurityWeek)

London-based PhysicsX, which uses AI to design industrial parts like jet engines and semiconductors, raised a $300M Series C led by Temasek at a $2.4B valuation (Mark Bergen/Bloomberg)

Nvidia and LG expand their partnership in AI, robotics, and mobility tech, including building an AI factory and co-designing future data center architectures (Choi Eun-Kyung/The Chosun Daily)

Xbox EVP Matt Booty clarifies Microsoft's new exclusivity strategy, saying new games will be reviewed case-by-case and multiplayer games will stay multiplatform (Eddie Makuch/GameSpot)

Sources: Spotify has approached concert promoters about licensing music festival livestreams, aiming to add more video to become a one-stop shop for music fans (Lucas Shaw/Bloomberg)

Sources: Beijing-based Moonshot, which makes the Kimi chatbot, is in talks to raise up to $2B at a $30B valuation, up from a $20B+ valuation in a May round (Bloomberg)

Microsoft says it will tighten human rights controls when working with national security agencies after an inquiry found Israel's Unit 8200 violated its ToS (The Guardian)

UK-based Creator Fund closes a $56M fund to back European PhD founders, reaching them in universities before they're pulled into academia, Big Tech, or US labs (Mike Butcher/Pathfounders)

Fusion energy startup Helion raised a $465M Series G led by Thrive Capital at a $15.5B valuation, nearly tripling the valuation from its January 2025 round (Tim De Chant/TechCrunch)

Nvidia and SK Hynix sign a multiyear chip deal to develop next-gen memory; SK Hynix will diversify into infrastructure, physical AI, and memory for Vera Rubin (Yoolim Lee/Bloomberg)

Nvidia says South Korea-based Naver will use Nvidia's DSX tech to build AI factories at "gigawatt scale" to meet global demand for AI services and physical AI (Heekyong Yang/Reuters)

As wealth managers confront an AI reckoning, the tech is, for now, easing their workloads by picking up routine tasks, freeing up more time to advise clients (Bloomberg)

KPMG survey: only 26% of companies have a comprehensive view of their AI costs, while 50% have some visibility and 22% have none or only see costs after billing (Wall Street Journal)

Inside the early 2025 senior exec meeting where Apple admitted its AI failures; Tim Cook became intimately involved in Apple's AI roadmap around the same time (Mark Gurman/Bloomberg)

Memory chip vendors say CXMT's DDR5 prices match Samsung, SK Hynix, and Micron, and it has a supply advantage in client markets as it is not prioritizing HBM (Hassan Mujtaba/Wccftech)

Q&A with Google DeepMind's Director of AGI Economics Alex Imas and Epoch AI's Phil Trammell on what remains scarce after AGI, redistributing AI wealth, and more (Dwarkesh Patel/Dwarkesh Podcast)

ASML CEO Christophe Fouquet applauds the EU's tech sovereignty plans but says substantial EU involvement in steering "strategic projects" is a cause for concern (Toby Sterling/Reuters)

Industry data: India's six largest IT companies grew combined revenue from $95.9B in FY23 to $103.1B in FY26, while headcount remained broadly steady at ~1.9M (Tanya Pandey/The Economic Times)

French carriers Bouygues Telecom, Orange, and Free-iliad sign an MOU with Altice France to acquire SFR for €20.35B, including debt, expected to close in H2 2027 (Reuters)

OpenAI plans to overhaul ChatGPT in the coming weeks, turning it into a superapp with coding tools and AI agents to serve as a gateway to higher-margin products (Cristina Criddle/Financial Times)

How LinkedIn is transforming into a "post-cringe" social network as it courts high-profile influencers, who are building audiences on corporate-friendly topics (Isabella Kwai/New York Times)

Report: in May, supply of unsecured bonds from hyperscalers hit $155B YTD, 45%+ more than 2025's total issuance; some AI-infra bond sales are 4x oversubscribed (Caleb Mutua/Bloomberg)

Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures (Robert Wright/Financial Times)

White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution (Leo Schwartz/The Information)

Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year (Financial Times)

FOIA docs reveal Amazon's extensive control over delivery drivers it insists are not employees, in a case the NLRB sought to settle on terms favorable to Amazon (Josh Eidelson/Bloomberg)

Kalshi and Polymarket sponsored X posts promoting viral LA mayoral election fraud conspiracy theories; Kalshi says it asked its paid influencers to remove posts (Max Tani/Semafor)

Inside the Trump admin's push to integrate AI into the healthcare system, including an FDA regulatory fast track for digital health tech like AI chatbots (Elizabeth Dwoskin/Washington Post)

Paris-listed Teleperformance, the world's largest customer service company, has become one of Europe's most shorted stocks, as hedge funds bet on AI disruption (Ramsay Hodgson/Financial Times)

Sources: Uber has committed nearly $500M to self-driving startup Nuro, providing a crucial runway as Nuro works to prove its technology at commercial scale (Abhirup Roy/Reuters)

Kepple: seed-stage startup funding in Japan fell 42% YoY in 2025 to a 10-year low of $124M, as the Tokyo Stock Exchange moves to reduce small listings (Ami Yamada/Nikkei Asia)