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New York Times: Sources: Meta plans to build an AI lab dedicated to pursuing “superintelligence”, led by Scale AI CEO Alexandr Wang, with seven- to nine-figure compensations -
Bloomberg: Sources: Mark Zuckerberg, frustrated with Meta's shortfalls in AI, is personally assembling a team of AI experts and met engineers at his homes in recent weeks -
Cory Weinberg / The Information: Sources: Meta agrees to take a 49% stake in Scale AI for $14.8B, in a deal that gives cash to Scale's shareholders and makes Alexandr Wang a top Meta executive -
Wall Street Journal: Similarweb: Google's AI tools are significantly cutting organic search traffic to news publishers; traffic to BI, HuffPost, and WaPo is down ~50% in three years -
Jess Weatherbed / The Verge: OpenAI says it is “working on implementing a mitigation” to a ChatGPT, Sora, and API issue causing “elevated error rates and latency”, starting at around 3am ET -
Reuters: Sources: OpenAI plans to add Google Cloud to meet its growing needs for computing capacity, a surprising collaboration; source: the deal was finalized in May -
Kyle Wiggers / TechCrunch: Mistral launches its first reasoning models: Magistral Small, on Hugging Face under an Apache 2.0 license, and Magistral Medium, in preview on Mistral's Le Chat -
Stephen Katte / Cointelegraph: US SEC Chair Paul Atkins says the agency is working on an “innovation exemption” to boost onchain product creation and fulfill Trump's vision of a US crypto hub -
Sam Tabahriti / Reuters: Ofcom launches nine Online Safety Act investigations, including into 4chan over alleged illegal content and into seven file-sharing services over possible CSAM -
Roman Anin / OCCRP: Investigation: Russian network engineer Viktor Vedeneev controls thousands of Telegram IP addresses and maintains its servers; his companies have FSB links — INVESTIGATION -
Wall Street Journal: IBM plans to build IBM Quantum Starling, a “fault-tolerant” quantum computer with 20,000x the compute of today's quantum computers, in New York state by 2029 -
Reuters: Chinese state media: Huawei CEO Ren Zhengfei says the company's chips lag one generation behind US peers, and claims the US “exaggerated Huawei's achievements” -
Afshan Musani / CNBC: Generative AI enterprise search startup Glean raised a $150M Series F led by Wellington, taking its valuation to $7.2B, up from $4.6B in September 2024 -
Anna Tong / Reuters: Linear, which makes software development and project planning tools that rival Atlassian's Jira, raised an $82M Series C led by Accel, valuing it at $1.25B -
Financial Times: The UK plans to launch an autonomous taxi trial in London in spring 2026, a year earlier than planned; Uber and Wayve will partner to operate the service -
Ryan Lawler / Axios: Israel-based Hypernative, which offers real-time threat prevention for crypto companies, raised a $40M Series B, taking its total funding to $67M -
Jess Weatherbed / The Verge: Mark Zuckerberg says Threads users will soon be able to send DMs to each other without having to leave the platform, first in Hong Kong, Argentina, and Thailand -
Dina Bass / Bloomberg: Cisco unveils updated networking and security products, including a new generation of switches with 10x performance, to boost AI networks and cut bottlenecks -
Tim Hardwick / MacRumors: Apple says Visual Intelligence will soon be able to search on-screen iPhone content, in addition to analyzing real-world objects, expanding on camera search -
Joe Rossignol / MacRumors: Apple unveils several CarPlay changes as part of iOS 26, including a Liquid Glass redesign, Live Activities in the Dashboard, and broad support for widgets -
Jay Peters / The Verge: Apple unveils iOS 26, featuring its Liquid Glass design language, an updated lockscreen, and new features in Camera, Safari, Phone, Messages, Music, and more -
Cecilia D'Anastasio / Bloomberg: Roblox hires Paramount's Naveen Chopra as its new CFO, effective June 30; Chopra previously held senior roles at Amazon and served as CFO at Pandora and TiVo