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Wed Jun 17
AI inference startup Baseten is raising $1.5B in a dual-tiered deal, with some investors putting in money at an $11B valuation and others at a $13B valuation (Angel Au-Yeung/Wall Street Journal)
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Report: DeepSeek's first external funding round has a non-negotiable term for investors to not poach its staff or encourage them to start their own companies (CNBC)
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Guardrails Alliance, a super PAC that has raised $5M, debuts to advocate for AI safety legislation and counter pro-industry lobbying, running ads for Alex Bores (New York Times)
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Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 (Galit Altstein/Bloomberg)
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Intel stock jumps around 9% in premarket trading, after Trump said "Apple has agreed to work with Intel to design and build its Chips in America" (Kai Nicol-Schwarz/CNBC)
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A look at 764, an online group the FBI declared domestic terrorists due to members manipulating teen girls into sharing sexual pictures and cutting themselves (Margi Murphy/Bloomberg)
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As tech giants rush to build AI infrastructure, some residents living near data centers say a constant infrasonic vibration is ruining their health and homes (Adeel Hassan/New York Times)
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A PwC study suggests that AI is rewarding companies that use it to enhance human skills, while leaving those that use it merely to cut costs further behind (Saritha Rai/Bloomberg)
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Businesses have started using Kalshi to hedge business risks; Kalshi says institutional trading volume on its platform has grown 800% since November 2025 (Michael J. de la Merced/New York Times)
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The Bank of Korea warns rising bonuses at some South Korean chipmakers could fuel broader wage growth and consumer spending, complicating the inflation outlook (Heesu Lee/Bloomberg)
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SpaceX's all-stock Cursor deal illustrates the power of public markets, which could help SpaceX narrow the gap with Anthropic and OpenAI through acquisitions (New York Times)
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Nation-state hackers are increasingly using preinstalled software on low-cost home devices to create residential proxy networks and mask cyberattack traffic (Robert McMillan/Wall Street Journal)
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South Korean and Taiwanese tech companies that helped build China's hardware sector during the smartphone boom now reap the AI boom as US curbs sideline China (New York Times)
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