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  • Sun May 31

Baz releases Baz Planner, which uses four specialized AI agents to analyze code at the planning stage, and extends its seed funding by $9M to $17M (Mike Wheatley/SiliconANGLE)

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California strikes a deal with Anthropic to expand the use of Claude products across state agencies and local governments at a 50% discount (Christine Mui/Politico)

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In Q2, there were thirteen $1B+ US venture-backed startup exits, either through acquisition or IPO, the most exits since the 2021 market peak (Joanna Glasner/Crunchbase News)

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Quantifind, whose AI products help banks combat financial crimes such as money laundering, raised $200M led by Summit Partners (Laura Kreutzer/Wall Street Journal)

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Sources: Amazon is weighing using OpenAI's and its own Nova models to cut costs after Anthropic raised prices for using its models in Amazon products (Catherine Perloff/The Information)

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SCOTUS limits the law enforcement use of "geofence" warrants, saying people have "a reasonable expectation of privacy" in their cell-phone location data (TechCrunch)

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WhatsApp rolls out username reservations globally, allowing users to claim a unique name before the privacy-focused feature launches later this year (Marcus Mendes/9to5Mac)

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Changpeng Zhao says Binance's MiCA application in Greece was fully compliant and close to approval by at least one EU regulator, but "other forces" opposed it (Naga Avan-Nomayo/The Block)

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Straiker, which develops tech for securing enterprise AI agents, raised a $64M Series A, bringing its total funding to $85M (Chris Metinko/Axios)

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SCOTUS finds that Trump's 2025 firing of FTC Commissioner Rebecca Kelly Slaughter without cause was lawful, placing independence of several agencies in doubt (NPR)

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Rocket Lab plans to acquire Iridium for $8B and combine Rocket Lab's launch services with Iridium's satellite-based communications network to rival SpaceX (Emma Roth/The Verge)

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Filing: Strategy paused its bitcoin acquisitions last week, instead topping up its USD reserve to $2.55B and announcing a $1B digital credit buyback program (James Hunt/The Block)

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Internal documents: Meta is placing strict limits on how engineers in its applied AI division can use Claude Code and Codex, fearing inadvertent distillation (Jyoti Mann/The Information)

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Japanese prediction market startups Miraima and Poyp are utilizing a "point-to-voucher" system to bypass strict anti-gambling laws, in a bid to rival Polymarket (Bloomberg)

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The US DOJ seizes nearly 400 domains for illegally streaming 2026 FIFA World Cup matches; last week, ACE, UEFA, and more shut down 44 domains linked to PirloTV (Sergiu Gatlan/BleepingComputer)

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Chinese robotics startup AI² Robotics raised ~$736M at a ~$2.9B valuation; Alibaba-backed X Square Robot raised an undisclosed amount at a ~$2.9B valuation (Bloomberg)

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Google VP of Security Engineering Heather Adkins warns the EU's DMA proposals to open Android and Search could lead to a significant rise in fraud within weeks (Matt Burgess/Wired)

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Adobe: online spending across all retailers in the US hit $26.4B during Amazon's four-day Prime Day event, up 9.3% YoY; Walmart and Target also hosted sales (Spencer Soper/Bloomberg)

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How a Polymarket dispute over a single syllable ignited a bitter debate; Polymarket uses Risk Labs' Optimistic Oracle to decide ~200K tough call bets per month (David Segal/New York Times)

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Verizon and the UK's BT agree to create a joint venture for their international businesses with ~$4B in combined yearly revenue; Verizon will pay $625M to BT (Bloomberg)

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How the UK is betting on IT and AI to combat slow economic and productivity growth, including moving beyond the Golden Triangle of London, Oxford, and Cambridge (Sam Fleming/Financial Times)

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Sources: CXMT and Tencent sign a ~$3B, three-year DRAM supply agreement for servers ahead of CXMT's IPO; CXMT is in talks with other major Chinese companies (Reuters)

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An interview with Axon CEO Rick Smith, who transformed the Taser maker into a policing software company, as its revenue from AI policing tools rises 700%+ YoY (Victoria Albert/Wall Street Journal)

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Academic papers and conference materials offer a deep dive into China's all-CPU LineShine, which pairs custom 304-core Arm CPUs with HBM to top the Top500 (Timothy Prickett Morgan/The Next Platform)

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Sources: disconnected US military databases may have led to the February 28 strike on an Iranian school; some see AI as a fix, others fear it amplifies errors (Katrina Manson/Los Angeles Times)

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A look at security flaws, police misuse, and other concerns over the 100K+ AI-enabled automated license plate readers installed across the US, mostly from Flock (Max Miller/Engadget)

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AI is forcing consulting firms to shift from hourly billing to fixed-fee or outcome-based pricing, a transition proving slow and difficult for the industry (Mark Maurer/Wall Street Journal)

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South Korea, Samsung, and SK Hynix say they plan to invest ~$590B to build a new chip complex, including four chipmaking plants and a chip packaging cluster (Song Jung-a/Financial Times)

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South Korea unveils plans for new AI data centers backed by ~$357.5B from SK Group, GS Group, and Naver, targeting 8.4GW initially and 18.4GW by 2035 (Yi Whan-woo/The Korea Times)

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Kuo: the memory supply-demand gap will widen through 2027, with an estimated 15%-20% of 2026 consumer electronics capacity shifting to data centers in 2027 (Ming-Chi Kuo)

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Dealogic: Japan saw 18 IPOs in H1 2026, the lowest since 2011, despite stock market surges, partly due to Japan's lack of AI, data center, and chip startups (David Keohane/Financial Times)

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Soaring memory costs are posing existential threats to small electronics makers, amid thin margins, low supply chain leverage, and little room for price hikes (Kif Leswing/CNBC)

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DeepSeek details DSpark, a speculative decoding framework for its V4 models, saying it speeds up AI inference by up to 85% and was tested on Gemma and Qwen (Ben Jiang/South China Morning Post)

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Shanghai-based Momenta, whose driver-assist tech is used by Toyota, Mercedes, and Audi in China, files for an IPO in Hong Kong, seeking to raise up to $751.1M (Reuters)

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Jefferies: memory prices are expected to rise 40%-50% in Q3 2026 and 30%-40% in Q4, as Chinese memory makers are unlikely to provide meaningful near-term relief (Hassan Mujtaba/Wccftech)

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Humanoid robot maker Apptronik raised ~$1B at a ~$5B valuation, including from Mercedes-Benz, which has a handful of Apptronik's Apollo robots in its factories (Joshua Brustein/Bloomberg)

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Google's Earthquake Alerts system reached 11.4M+ Android users ahead of Venezuela's June 24 earthquakes, providing seconds or up to two minutes of prior notice (New York Times)

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Letter: Austria is pushing the EU to consider hosting Anthropic within its borders, highlighting EU efforts to boost bloc independence from US and Chinese tech (Marton Eder/Bloomberg)

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GPT-5.6's system card indicates Sol is well below the level of the most worrisome Mythos use cases, suggesting all GPT-5.6 versions could launch without delay (Zvi Mowshowitz/Don't Worry About the Vase)

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Sources: Baidu's chip unit Kunlunxin Technology plans a Hong Kong IPO at a $50B target valuation, asking investors to buy chips worth 3-7x their IPO investment (Qianer Liu/The Information)

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Australian government says it plans to double the maximum penalty for any social media company breaking its minimum age law and grant more powers to enforcers (Jackson Chen/Engadget)

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Australia-based Firmus partners with Nvidia to build its first data center in Batam, Indonesia; the 360 MW Nvidia DSX AI factory campus is developed with DayOne (Bloomberg)

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An analysis of US payroll data across 730+ occupations: employment among workers ages 22 to 25 in highly AI-exposed jobs is now shrinking by 3.8% per year (Nick Lichtenberg/Fortune)

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Brazil, which has struggled to standardize soccer talent scouting, is embracing AI-powered scouting apps that assess players by analyzing video clips and more (New York Times)

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A profile of Jacob Andreou, the 33-year-old former Snap exec leading Microsoft's consolidated Copilot team efforts to catch up with OpenAI and Anthropic (Sebastian Herrera/Fortune)

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Masayoshi Son questioned Musk's orbital AI data centers, noting electricity is just 7% of costs and the AI race will be won on Earth within a few years (Tim Higgins/Wall Street Journal)

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A look at a thriving underground economy for Claude access in China, including "transfer station" sites that buy API tokens abroad and distribute them to users (Wired)

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Apple's appeal to a London Court of Appeal ruling begins Monday at the UK Supreme Court; the ruling required it to pay $502M for using Optis' wireless patents (Alistair Gray/Financial Times)

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Researchers say Z.ai's GLM-5.2 matches latest US models at finding security bugs, as critics question the US' lax approach in restricting Chinese open models (Wall Street Journal)

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Sources: Google told Meta around March it couldn't offer all the Gemini capacity Meta wanted to buy, disrupting and delaying some of Meta's internal AI projects (Financial Times)

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Entries updated Jul 1, 2026 10:34:36 AM PDT

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