Meta Takes Ray-Ban Off the Frame
Meta sold more than 7 million AI glasses in 2025, versus 2 million across 2023 and 2024 combined. Its first self-branded, three-model lineup turns borrowed trust into a fashion portfolio without leaving EssilorLuxottica.
Valve says the Steam Machine, its living room Linux PC, costs $1,049 for 512GB without a controller to $1,428 for 2TB with a controller, available from June 29
You can register your interest starting today, and the first emails letting people buy one will go out on June 29th.
President Trump signs two executive orders aimed at speeding the development of advanced quantum computers and mitigating the security threats they present
Administration set an ambitious new 2028 target for a system that can conduct scientific research
SpaceX announces a senior unsecured notes offering and says it has ~$100.8B in cash; SPCX closed down 16.43% on June 22 in its third consecutive losing session
SpaceX on Monday announced a senior unsecured notes offering and disclosed about $100.8 billion in cash.
OpenAI unveils an improved GPT-5.5-Cyber model, launches the “Patch the Planet” initiative in partnership with Trail of Bits to fix open-source bugs, and more
Amid concerns about AI models' cybersecurity capabilities, OpenAI revealed an improved version of GPT-5.5-Cyber and its “Patch the Planet” …
Meta unveils Meta Adventurer and Fury glasses, each priced at $299, its first under its own brand, and a $399 Starfire model in collaboration with Kylie Jenner
The company is also considering camera-free models in the future. — Meta Platforms Inc., which helped popularize smart glasses …
Google invests in independent movie studio A24 as part of a new AI partnership; sources say Google is investing ~$75M, roughly equal to Thrive's 2024 investment
Search giant is putting about $75 million into the film company as part of an artificial-intelligence research partnership
Sakana AI launches Fugu, a multiagent orchestration system accessible via an OpenAI-compatible API, claiming Fugu Ultra matches Fable and Mythos on benchmarks
Last night, the increasingly enterprise-focused AI startup Sakana launched Fugu, a multi-agent orchestration system …
Meta says it is pausing its employee-tracking program meant for training AI models after internal security issues exposed sensitive data from employees' laptops
Employees had previously raised concerns about the initiative, which involves collecting workers' keystroke data to train AI models.
On the first day of their trial, two members of Scattered Spider plead guilty in the UK to charges stemming from a 2024 cyberattack on Transport for London
Two men pleaded guilty in the United Kingdom this week to criminal charges stemming from an August 2024 cyberattack that crippled Transport …
How the data center boom is exposing weaknesses in US power grids, and a look at what fixes the electricity infrastructure may need to become fit for the future
The AI buildout is bottlenecked by energy. But America has the electricity to power its data centers; the problem is getting it to them.
Top500: China's Arm-based LineShine passes the US' El Capitan by 20%+ as the world's fastest supercomputer, the first time China has taken the crown since 2017
A supercomputer in Shenzhen was declared the world's fastest. It uses only standard microprocessors and not the special-purpose chips called graphics processing units.
ByteDance unveils Seedance 2.5, saying the AI video model can generate up to 30-second clips from up to 50 reference materials, up from 12 for Seedance 2.0
ByteDance on Tuesday unveiled Seedance 2.5, its new AI video generation model, at a conference in Beijing.
Market intelligence company Klue confirms it has suffered a breach, for which cybercrime group Icarus takes credit; Jamf, HackerOne, and others are affected
A hacking group has taken credit for a breach at market intelligence provider Klue that allowed hackers to steal reams of data …
Syntun: online sales during China's 618 shopping festival grew 4% YoY, a sharp drop from 15.2% growth in 2025, as China's consumer spending slowdown persists
BEIJING — China's consumer spending slowdown persisted in June, with growth during one of the country's largest online shopping festivals weakening sharply from a year earlier.
OpenAI debuts at Cannes Lions, pitching its new ChatGPT ad business and Codex to marketers, as it tries to build a multibillion-dollar business ahead of its IPO
Lossmaking AI group is presenting at Cannes Lions advertising conference for the first time — OpenAI is making its debut …
South Korea's tech-heavy Kospi index falls 10%, dragged down by SK Hynix and Samsung; STMicro, ASML, and others fall ~7%, and US tech and chip stocks drop
Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street.
Filing: Oracle reduced its global workforce by 21,000 employees in the past 12 months to 141,000 as of May 31; Oracle says AI adoption “resulted” in reductions
Sources: the Trump administration is pressing Meta to submit its AI models for voluntary review; Meta is the only major US AI developer without an agreement
Federal officials are urging the lone major tech company holdout to allow government safety evaluations, weeks after ordering Anthropic to pull its latest model.
Valve Steam Machine review: small and quiet, runs PC games well on a TV, but nearly twice the price of a PS5 for PS5 performance and needs manual configuration
Valve has been trying to crack the living room for more than a decade, and the new Steam Machine is its best attempt yet. It's a little bit PC, a little bit console,... https://www.theverge.com/podc...
Walmart acquires Vibe.co, which lets businesses create and buy ads on CTVs, sources say for $1.4B cash; top executives get $180M to stay for four years
Retail giant is paying $1.4 billion for Vibe.co, a company that enables advertising through connected TVs
Cerebras reports Q1 revenue up 94% YoY to $193.4M, net loss down 41% to $14M, and forecasts core gross margin to shrink in Q2; CBRS drops 8%+ after hours
- Cerebras reported financials for the first time since its IPO in May. … Cerebras said revenue almost doubled in the AI chipmaker's …
Anthropic launches Claude Tag, an agentic AI coworker for Slack that can learn context, give suggestions, and more, in beta for Claude Team and Enterprise tiers
ZDNET's key takeaways — Claude Tag puts an always-on AI coworker inside Slack. — Each Slack channel can get its own isolated Claude identity.
The Ethereum Foundation cuts ~20% of its workforce, or 54 staff, as part of a broad restructuring amid leadership turnover and growing Ethereum fragmentation
The Ethereum Foundation is cutting roughly 20% of its workforce, eliminating 54 positions as part of a broad restructuring …
Meta invests $900M into Indian fintech Cred for a ~20% stake, and plans to appoint Cred founder Kunal Shah as the leader of WhatsApp, replacing Will Cathcart
Menlo raised $3B for funds dedicated to backing AI startups, its largest fundraising to date; sources say Menlo's Anthropic stake is currently worth nearly $14B
In 2024, Menlo Ventures made the risky decision to raise $500 million to invest in Anthropic PBC, then an underdog rival to OpenAI …
New York-based crypto analytics startup Allium raised a $40M Series B led by Amplify Partners, with participation from Kleiner Perkins and others
Blockchains are public databases, but that doesn't mean they're legible. Even experts struggle to read their complicated strings of letters, numbers, and transactions.
Mistral debuts OCR 4, a model featuring structured document extraction with bounding boxes, block classification, and inline confidence scores, in 170 languages
Today, we're releasing Mistral OCR 4, featuring bounding boxes, block classification, and inline confidence scores alongside extracted text.
Sources: Tencent is negotiating exits from minority investments in game studios in Japan, such as Tokyo-traded Marvelous, as it reassesses its global portfolio
Tencent Holdings Ltd. is negotiating exits from several game studio investments in Japan, including Tokyo-traded Marvelous Inc. …
SCOTUS ends a suit alleging Cisco aided China's Falun Gong persecution, further limiting a law used to hold corporations liable for overseas human rights abuses
The U.S. Supreme Court further limited the reach of a federal law used to hold corporations liable for human rights abuses committed abroad …
Walmart acquires Paris-based Vibe.co, which lets businesses create and run targeted ads on streaming services; Vibe.co's co-founders will join Walmart Connect
Walmart is one of the nation's more prominent advertisers, but, increasingly, it's looking to become a bigger sell of advertising as well.
Google plans a 12-week incubator, picking 10 to 20 AI startups from its “Xoogler” alumni and providing up to $350K in cloud credits and $100K in direct funding
Alphabet Inc.'s Google is backing a new incubator for former employees building artificial intelligence startups …
Real estate professionals are increasingly using AI-powered virtual staging tools like Stuccco and BoxBrownie to create misleading house and apartment listings
“Virtual staging” might be able to cram a six-seater dining table into a studio apartment, but tenants can't.
Meta is testing horizontal video on Instagram for TV, plans to experiment with longer-form storytelling, and launches Instagram for TV on Samsung TV devices
Sources: Miami-based cybersecurity company Varonis is exploring options including a potential sale after receiving takeover interest; VRNS jumps 6%+
Cybersecurity company Varonis Systems Inc. is exploring options including a potential sale after receiving takeover interest, according to people familiar with the matter.
Sources: marketing tech startup AppsFlyer raised a $1B Series E at a $2.7B post-money valuation; Moloco, Google, Meta, and Unity acquire minority stakes
The EU will apply a €3 duty on items under €150 from July 1, as the bloc seeks to slow the flood of low-priced merchandise from retailers like Shein and Temu
Bargain-hunting consumers across the European Union will start feeling the pinch of higher online shopping costs next week …
Stark, which has a deal to supply “kamikaze” drones to the German military, raised €500M from Founders Fund, Sequoia, others; it faced criticism over Thiel ties
US billionaire's fund participated in €500mn funding round despite previous criticism of company's links with financier
Q&A with Nvidia VP of Healthcare Kimberly Powell on how AI can ease doctors' workloads, address trained medical staff shortages, improve patient care, and more
The chipmaker's head of healthcare argues AI can ease many of the sector's ills, including reducing medics' workload and tackling the shortage of trained staff
Sources: Vimeo owner Bending Spoons seeks to raise up to $1.62B in a US IPO, selling 58M shares at $26 to $28 each, for a $19B valuation at the top of the range
A US NLRB judge rules that Amazon violated federal law by not recognizing Teamsters at a San Francisco warehouse and must collectively bargain with the workers
In a joint statement, Five Eyes agencies warn AI models capable of taking down governments and businesses are mere months away, urging leaders to “act now”
Sources: Qualcomm is in advanced talks to acquire Modular in a transaction valuing the AI chip startup at ~$4B, up from its $1.6B valuation in September 2025
Sources: Abu Dhabi's MGX has raised close to $50B from regional sovereign wealth funds, global pension funds, and others to accelerate spending on AI deals
Abu Dhabi's MGX has raised close to $50 billion from regional and global investors to accelerate spending on artificial intelligence infrastructure …
Sources: SpaceX, which is seeking to raise between $20B and $25B in its debut US bond sale, has drawn about $89B of demand
SpaceX Loses $600 Billion in Value Over Three Days — Video Player is loading. — Unmute — Current Time 0:00 Loaded: 12.89% Playback Rate — captions off, selected
The Netherlands joins the US-led Pax Silica initiative alongside South Korea and Japan to coordinate AI supply chains; Taiwan endorses it as a non-signatory
The Netherlands will join the Pax Silica group of U.S.-allied countries coordinating AI supply chains, the foreign ministry said on Tuesday …
The FCC says an auction of wireless mid-band spectrum raised $3.5B+, which will largely be used to fund the replacement of Chinese telecom equipment in the US
The U.S. Federal Communications Commission said Thursday an auction of wireless mid-band spectrum raised more than $3.5 billion …
Sources: Meta is building a standalone prediction markets app called Arena, which would probably rely on video game-like points instead of money wagers
The app, internally called “Arena,” would be independent of Facebook and Instagram. It could compete for attention with Polymarket and Kalshi, the biggest prediction markets.
Air Space Intelligence won an $875M, 12-year FAA contract to develop AI tools that map out flight trajectories and identify areas of congestion to reduce delays
Beehiiv adds Cloudflare AI Crawl Control to writers' dashboards, allowing them to decide whether AI crawlers can scrape their work
Cloudflare Inc. and newsletter platform beehiiv Inc. today launched an integration that hands independent publishers a single toggle to decide whether …
Alibaba sues the DOD, seeking removal from a blacklist of companies supporting China's military, says the decision is a violation of constitutional due process
Alibaba Group Holding Ltd. sued the Department of Defense to be removed from a blacklist that identifies the e-commerce leader …
Alphabet's stock closed down 5.08% on June 22 after Google DeepMind VP John Jumper departed to Anthropic, Google's second top AI executive to leave in a week
Chevron signs a 20-year deal with Microsoft to provide natural-gas power for a proposed West Texas data center, which could be one of the biggest in the US
Eli Lilly plans to use some of its $7.3B cash pile to fund an “App Store” for biotech scientists, after opening a data center with 1,016 Blackwell chips in 2025
Mounjaro maker is collaborating with small biotechs on AI as a tool for drug discovery
How Sam Altman's 80+ personal investments, many from his time running YC, benefit from ties to OpenAI; 10+ companies have discussed business deals with OpenAI
OpenAI CEO's holdings in Helion and other companies have seen significant upswings since the AI giant explored or sealed tie-ups with Altman-linked startups
Crypto trading app Fomo raised a $75M Series B led by Index at a $550M valuation, taking its total funding to ~$94M, and claims to add 3,500 new users per day
Sources: Hadrian, which is building AI-powered factories to produce space and defense parts, is in talks to raise ~$1B at a ~$7.5B post-money valuation
Company runs AI-powered factories that aim to speed up manufacturing — Defense manufacturing startup Hadrian Automation Inc …
SpaceX signs a computing deal with Reflection AI worth up to $6.3B for access to Nvidia GB300s at Colossus 2; Reflection will pay $150M per month through 2029
But He's Still A TrillionaireErica Kollmann /Benzinga:SpaceX Fuels AI Ambitions With $6.3 Billion Reflection Compute DealWebb Wright /Gizmodo:Forget Mars, SpaceX Is Becoming a Data Center CompanyAshut...
Groq raised $650M led by Disruptive and Infinitum after its Nvidia deal, aiming to hit 200 MW in capacity by the end of 2027, following a $750M raise in 2025
Nvidia unveils Halos, a safety-focused OS developed from autonomous vehicle tech and designed to run on IGX Thor hardware for humanoid robots, and opens a lab
Meta's Starfire glasses with Kylie Jenner include a tiny gemstone on the lens, a metal nose pad to prevent absorbing makeup, and an AI version of Kylie's voice
Julian Chokkattu /Wired:
LastPass notifies customers that their personal information and customer support case records were stolen during a hack at Canadian market research company Klue
Password manager maker LastPass is notifying customers that their personal information and customer support case records …
Meta says Meta Glasses are its first AI glasses to launch with Meta AI powered by Muse Spark, and come in a range of color and lens combinations for 26 styles
Meta Newsroom:
Upscale, which is building AI networking infrastructure to rival Cisco, raised a $190M Series A-1 at a $2B valuation, up from $1B after raising $200M in January
Meta Fury, Meta Adventurer, and Meta Glasses by Kylie have EssilorLuxottica stamped on the inside; Meta executives say dropping “Ray-Ban” helps lower the price
For the past three years, “Meta” and “Ray-Ban” have been synonymous in the smart glasses space. Not anymore.