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Tue Jun 23
Google says Gemini 3.6 Flash improves coding, multimodal, and knowledge work performance and uses up to 17% fewer tokens and costs less per token vs. 3.5 Flash (MacKenzie Sigalos/CNBC)
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Google launches Gemini 3.6 Flash, 3.5 Flash-Lite, and 3.5 Flash Cyber, and says it has started its "most ambitious pre-training run yet" for Gemini 4 (Tulsee Doshi/Google)
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Nvidia details its Vera CPU for data centers, its first CPU with a custom core design, featuring 88 cores and 176 threads, set for general release in H2 2026 (Jake Roach/Tom's Hardware)
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Sources: Apple plans to launch Apple Upgrade, a leasing program for iPhone, iPad, Mac, and Apple Watch, in partnership with Klarna in the US next week (Mark Gurman/Bloomberg)
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Google says Gemini 3.5 Flash Cyber is a "cost-efficient and highly capable alternative" to models like Mythos, available first to governments and some partners (Emma Roth/The Verge)
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Google prices Gemini 3.6 Flash lower than 3.5 Flash, at $1.50/1M input tokens and $7.50/1M output tokens; Gemini 3.5 Flash-Lite is priced at $0.30 and $2.50 (Abner Li/9to5Google)
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Augustus, which is building a federally chartered "AI-native" clearing bank designed around stablecoins, raised $180M led by Tiger Global at a $1B valuation (Krisztian Sandor/CoinDesk)
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Sources: after it closes a round at a $31.5B valuation, Moonshot plans a final raise at a $50B valuation to capitalize on Kimi K3 buzz before a Hong Kong IPO (Pei Li/Bloomberg)
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Docs: AI data startup Mercor had $614M in gross revenue in H1 2026, up 70% from all of 2025, with ~91% from foundation model makers like OpenAI and Anthropic (The Information)
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US Treasury Secretary Scott Bessent says the Trump administration is looking into Chinese AI models over distillation claims and it could "sanction them" (Ashley Capoot/CNBC)
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Intel and Fortinet partner to co-develop the Fortinet Security Processor 6, making Fortinet the first named external customer for the Intel 4 process node (Luke James/Tom's Hardware)
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Garmin launches the Cirqa Smart Band, a $200 screenless fitness tracker that monitors 80+ activities with an up to 10 day battery life, to compete with Whoop (Dana Wollman/Bloomberg)
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OpenAI says it now has 10M people using Codex and ChatGPT Work, nearly doubling usage from earlier this month when the company announced ChatGPT Work (Shirin Ghaffary/Bloomberg)
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Databricks co-founder Ion Stoica's GPU orchestration startup SkyPilot, which aims to be neutral across hardware and cloud vendors, raised a $20M seed led by Lux (Lily Mae Lazarus/Fortune)
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Microsoft and Mistral sign a multibillion-dollar deal to build European data centers and integrate Mistral models into Foundry, Copilot Studio, and Azure Local (Belle Lin/Wall Street Journal)
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Samsung plans to launch its AI-powered Samsung Health Assistant and new heart metrics tools like Vitals for overnight metric tracking in beta in August (Samantha Kelly/Bloomberg)
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Iran's IRGC claims it targeted and "destroyed" Amazon's central data infrastructure in Bahrain using several cruise missiles; Amazon has not acknowledged it (Babak Kamiar/Euronews)
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Gritt, which is developing an AI system that helps build infrastructure like solar panels, emerges from stealth with a $26M Series A and $34M in total funding (Tim Fernholz/TechCrunch)
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UK PM Andy Burnham abolishes the Department for Science, Innovation, and Tech and elevates UK AI Minister Kanishka Narayan, who oversees AISI, to attend cabinet (Philippa Wain/BBC)
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Kimi K3 marks the arrival of frontier open-weight models; the core Kimi team has incredible culture and a freedom to express it within a GPU-limited environment (Nathan Lambert/Interconnects AI)
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Sources: the US and China plan to hold AI talks in September, likely before President Xi's visit to the US, a significant outcome of the Trump-Xi summit in May (Laurie Chen/Reuters)
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Memo: the Army CIO reinstates limits on Army members' AI token usage; docs show the DOD's Ask Sage tool can access 100M tokens via an annual "enterprise pack" (Vittoria Elliott/Wired)
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Sources: BlackRock leads a $12B+ debt sale for Meta's new El Paso data center, as Meta signs a lease for a BlackRock-backed data-center project in Pennsylvania (Wall Street Journal)
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A Washington judge grants a request to temporarily block Kalshi from offering sports-related bets in the state, citing a breach of the state gambling law (Timmy Shen/The Block)
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Sources: China is weighing tightening AI and chip export controls and is consulting leading domestic AI companies, in a bid to slow advanced tech acquisitions (Financial Times)
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Sources: TSMC plans to hike advanced and mature node prices 5% to 10% in 2027, plus a 10% to 15% premium for advanced chip orders exceeding customers' forecasts (Cheng Ting-Fang/Nikkei Asia)
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A profile of Sarah Guo, Greylock's youngest GP before she founded Conviction in 2022, which has since backed six of the 21 AI-native companies now worth $10B+ (Dom Cooke/Colossus)
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GitHub says individuals and orgs have invested $100M+ in open source maintainers and projects via GitHub Sponsors since 2019, with $10M in the past five months (Stephanie Lincoln/The GitHub Blog)
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Sony Music files a second copyright suit against Udio, alleging the AI music company copied 30,117 recordings without permission to train its AI models (Murray Stassen/Music Business Worldwide)
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Singapore-based Ant International, a payments company which spun out of Ant Group in 2024, raised $1.2B from investors including Ant Group and Alibaba (Reuters)
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Study: off-balance sheet debt at Alphabet, Microsoft, Amazon, Meta, and Oracle grew an estimated ~8x since 2022 to ~$1.65T, above ~$1.35T in balance sheet debt (Kohei Yamada/Nikkei Asia)
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South Korean customs data: for the first 20 days of July, the country's chip exports rose 180% YoY to $22.1B, and computer-related product shipments rose ~232% (Heesu Lee/Bloomberg)
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How Google's AI Search is endangering the open web; Cloudflare says that between June 2025 and April 2026 human traffic to many businesses' websites fell ~40% (Kate Conger/New York Times)
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Researchers found sandbox escapes or boundary bypasses in Cursor, Codex, Gemini CLI, and Antigravity by writing files trusted tools later use; most are patched (Ax Sharma/BleepingComputer)
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Samsung debuts Samsung Galaxy Card, a Visa from Barclays that offers 5% cash rewards for purchases directly from Samsung, its first US credit card (John Velasco/Tom's Guide)
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A judge approves Anthropic's $1.5B settlement with authors, the first major US case of its kind to settle; some authors opted out and have other ongoing suits (Blake Brittain/Reuters)
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Source: Ancestry.com pitches a risky $1.75B term loan at 4 to 4.25 percentage points above the benchmark to refinance debt from its 2020 Blackstone acquisition (Bloomberg)
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Snap reaches a deal to settle the second case set for trial over social media harm to minors, following TikTok and YouTube, leaving Meta as the only defendant (Bloomberg)
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X relaunches its Android app after a year-long rewrite from scratch; Nikita Bier calls it "one of the largest engineering projects" in the company's history (Sarah Perez/TechCrunch)
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Taiwan indicts a former TSMC executive for allegedly stealing trade secrets, in what authorities say is the first National Security Act case involving China (Cheng Ting-Fang/Nikkei Asia)
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Natural, which aims to help companies let their AI agents make autonomous payments, raised a $30M Series A led by Forerunner, bringing its total raised to $40M (Marina Temkin/TechCrunch)
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OpenAI paused internal access to an unreleased model that disproved the Erdos unit distance conjecture after it repeatedly found ways to act outside its sandbox (OpenAI)
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Anduril and Archer unveil an autonomous aircraft platform designed for commercial and military uses, along with an autonomous attack rotorcraft called Thunder (Reuters)
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Cybersecurity companies say hackers are exploiting vulnerable WordPress versions to take over websites; WordPress patched two critical security flaws last week (Lorenzo Franceschi-Bicchierai/TechCrunch)
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Source: Z.ai completed construction of a 1 GW data center housing only Chinese chips; Z.ai has built or operates several computing clusters each with 10K+ chips (Bloomberg)
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Chicago-based Empirical Security, which uses AI to help companies predict threats by monitoring exploited vulnerabilities, raised a $25M Series A (Chris Metinko/Axios)
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Levent Alpöge, a mathematician who works at Anthropic, says he was able to disprove the 87-year-old Jacobian conjecture with the help of Fable 5 (Matthew Sparkes/New Scientist)
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Infinity, founded by Jeremy Nixon, the creator of hacker network community AGI House, to build an inference library that runs on all chips, raised a $15M seed (Dominic-Madori Davis/TechCrunch)
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CAISI Director Chris Fall is resigning after taking over the federal AI testing institute in April; NIST Director Arvind Raman will serve as acting director (Maria Curi/Axios)
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Source: Tencent is in talks to acquire Israeli game developer SuperPlay in a deal valuing SuperPlay at $1B-$1.5B; Playtika acquired SuperPlay in 2024 for $690M (Golan Hazani/CTech)
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