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<!--[if !gte mso 9]><!----><span class="mcnPreview Text" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">The US Senate passes the GENIUS Act, which establishes a regulatory framework for stablecoins; the bill now heads to the House</span><!--<![endif]-->
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c245320680&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Generate videos with Veo 3 in Google Gemini</a></span>
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<span style="color:#455;font-weight:bold;">Tomorrow's events: </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4089907591&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Cannes Lions (day 3)</a></span>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=25fe7e1ae7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The US Senate passes the GENIUS Act, which establishes a regulatory framework for stablecoins; the bill now heads to the House</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">MacKenzie Sigalos / </span><span class="pub_name">CNBC</span>)</span>
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<span class="excerpt">The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails … </span>
<span class="cite">(MacKenzie Sigalos / CNBC)</span>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0f76215019&e=06cea4a9e4" style="text-decoration: none;color: black;">@secscottbessent:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b5707c1d71&e=06cea4a9e4" style="text-decoration: none;color: black;">Recent reporting projects that stablecoins could grow into a $3.7 trillion market by the end of the decade. That scenario becomes more likely with passage of the GENIUS Act. A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back stablecoins.</a>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=46556d9032&e=06cea4a9e4" style="text-decoration: none;color: black;">@rbreich:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d1ccef8da4&e=06cea4a9e4" style="text-decoration: none;color: black;">Why are some Democratic senators backing the GENIUS Act, which would turbo-charge Trump's crypto corruption? Follow the money: most have received major financial support from the crypto industry or are scared of crossing it. We must get Big Money out of politics.</a>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=69727589ee&e=06cea4a9e4" style="text-decoration: none;color: black;">@cdixon:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=36d8d0caa1&e=06cea4a9e4" style="text-decoration: none;color: black;">Today the Senate took the historic step by passing the GENIUS Act with broad bipartisan support. This stablecoin bill protects consumers and gives entrepreneurs the guardrails they need to drive innovation and economic growth in crypto and beyond. Now we need comprehensive market structure legislation so the US can lead in building blockchain networks.</a>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d8100bad2c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Amazon CEO Andy Jassy says the company expects that in the next few years AI “will reduce our total corporate workforce as we get efficiency gains”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Steve Kopack / </span><span class="pub_name">NBC News</span>)</span>
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<span class="excerpt">Amazon CEO Andy Jassy says the retail and tech giant “will need fewer people doing … </span>
<span class="cite">(Steve Kopack / NBC News)</span>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0dec7e0894&e=06cea4a9e4" style="text-decoration: none;color: black;">@amazon:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3a3154547b&e=06cea4a9e4" style="text-decoration: none;color: black;">Earlier today, CEO @ajassy shared a letter to employees discussing how Amazon will continue to evolve with Generative AI. [image]</a>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b7a2083c1a&e=06cea4a9e4" style="text-decoration: none;color: black;">@noamscheiber:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0347f03f30&e=06cea4a9e4" style="text-decoration: none;color: black;">He also said it would “rapidly accelerate our ability to make customers lives easier and better every day, and it's going to make our jobs even more exciting and fun than they are today.”</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8b471875bc&e=06cea4a9e4" style="text-decoration: none;color: black;">@dkthomp:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=96cd3b9490&e=06cea4a9e4" style="text-decoration: none;color: black;">I guess you can interpret this sincerely (Amazon is just telling us what they're thinking about AI), cynically (Amazon is falsely bragging about the utility of AI to justify current spend), or cynical/strategic (Amazon wants to lay ppl off in a wonky economy with rising tariffs, and this is one way to announce it)</a>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f3fe25b8dc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google makes Gemini 2.5 Flash and Pro generally available and introduces 2.5 Flash-Lite, which it says is its most cost-efficient and fastest 2.5 model yet</a></span>
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<span class="excerpt">Gemini 2.5 Flash and Pro are now generally available, and we're introducing 2.5 Flash-Lite … </span>
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<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=95ab3f1fb7&e=06cea4a9e4" style="text-decoration: none;color: black;">@simonw:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ce1e6d8639&e=06cea4a9e4" style="text-decoration: none;color: black;">Notes on trying out the new Gemini 2.5 models. gemini-2.5-flash-lite-preview-06- 17 is cheap but got stuck on an audio transcript task, 2.5 Pro and 2.5 Flash both nailed the audio transcription task (40 minutes, complete with timestamps and speaker names). </a>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=267095baca&e=06cea4a9e4" style="text-decoration: none;color: black;">@googledeepmind:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=db8801cb4e&e=06cea4a9e4" style="text-decoration: none;color: black;">Hot Gemini updates off the press. 🚀 Anyone can now use 2.5 Flash and Pro to build and scale production-ready AI applications. 🙌 We're also launching 2.5 Flash-Lite in preview: the fastest model in the 2.5 family to respond to requests, with the lowest cost too. 🧵 [image]</a>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=046a9a7d6e&e=06cea4a9e4" style="text-decoration: none;color: black;">@lmarena_ai:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7aa97eae54&e=06cea4a9e4" style="text-decoration: none;color: black;">🚨 The votes are in and the new Gemini-2.5-Flash-Lite has officially landed on the LMArena leaderboards! Let's see how it stacks up with the community: 💠 #12 Overall on Text Arena 💠 #3 in Creative Writing, #14 in Coding, #17 in Hard Prompt category 💠 3-6x cheaper than Gemini-2.5-Flash (input/output: $0.1/$0.4 MTokens)</a>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=af34c4ce46&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: xAI is in talks to raise $4.3B via an equity investment on top of the $5B in debt it's trying to borrow; of its previously raised $14B, it has $4B left</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6d381d3083&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: xAI is burning through $1B/month and expects to burn through ~$13B in 2025; revenues are expected to be just $500M this year, rising to $2B+ next year</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
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<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1138cc8463&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Meta and EssilorLuxottica plan AI-powered smart glasses under Oakley and Prada brands; they will be aimed at athletes, and the Oakleys may cost ~$360</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">CNBC</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f2b2352a3c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Microsoft and AMD announce a “strategic, multi-year partnership” to design custom silicon for a number of devices, including next-generation Xbox consoles</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jez Corden / </span><span class="pub_name">Windows Central</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5cb8c401ae&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Memo: Intel's manufacturing VP says Intel plans to cut 15%-20% of factory staff from July “to meet our affordability challenges and current financial position”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mike Rogoway / </span><span class="pub_name">Oregonian</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=53edd65914&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: OpenAI wants Microsoft to take a ~33% stake in exchange for foregoing future profit rights, and seeks to modify its exclusive cloud deal with Microsoft</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">The Information</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=52cf0a47f8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">US appeals court rules in Apple's favor by throwing out a $300M verdict that found it infringed on Optis' wireless tech patents, sending the case to a new trial</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Blake Brittain / </span><span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d63ffa152b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">German defense tech startup Helsing raised €600M led by Daniel Ek's Prima Materia, sources say at a ~€12B valuation, bringing its total funding to €1.37B</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=db6eb06abe&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nielsen: in May, Americans watched more TV on streaming than on cable and broadcast networks combined, the first time streaming was king of TV over a full month</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">John Koblin / </span><span class="pub_name">New York Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9706c4b54a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">TheMinerMag: the median cost of mining bitcoin is set to rise 9.4% QoQ in Q2 2025 to $70K, up from $52K in Q4 2024, shrinking margins for less efficient miners</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Brayden Lindrea / </span><span class="pub_name">Cointelegraph</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
social networks
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=43f39e2ac7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">President Trump plans to sign an executive order this week to grant TikTok a 90-day extension in enforcement of the sale-or-ban law, marking his third extension</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">CNN</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a8c93baead&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Threads launches a fediverse feed and a way to search for fediverse users, with support for Mastodon and others, for users who turned on fediverse sharing</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">David Pierce / </span><span class="pub_name">The Verge</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b668f43f97&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Facebook renames its Videos tab as the Reels tab and says all videos on its platform will soon be shared as reels, regardless of their length or orientation</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Aisha Malik / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=04404cdeaa&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">X sues New York, claiming a law requiring social media companies to disclose how they deal with hate speech and disinformation violates the US Constitution</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Bob Van Voris / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
artificial intelligence
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e12e4b4d6c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Adobe debuts Firefly for iOS and Android, letting mobile users generate images and videos using text prompts and experiment with popular AI photo editing tools</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jess Weatherbed / </span><span class="pub_name">The Verge</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=43d736a70a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Shanghai-based MiniMax open sources MiniMax-M1, a model for complicated productivity tasks that supports 1M input tokens and it says beats DeepSeek's R1-0528</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=07a5d11f8f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Anysphere debuts a $200/month Ultra plan for Cursor with 20x more usage on AI models from OpenAI, Anthropic, Google DeepMind, and xAI vs. its $20/month Pro plan</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maxwell Zeff / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=32133a5b12&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">[Thread] A US paper shows the best frontier LLM models solve 0% of hard coding problems from Codeforces, ICPC, and IOI, domains where expert humans still excel</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Rohan Paul / </span><span class="pub_name">@rohanpaul_ai</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=77d409215b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Survey: US employees using AI at work at least a few times/year grows from 21% in 2023 to 40% in 2025, and those using AI a few times/week is up from 11% to 19%</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Pendell / </span><span class="pub_name">Gallup</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=dd880041a2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Studies: women are 25% less likely than men to have basic digital skills, more likely to have automation-threatened jobs, and less likely to use ChatGPT at work</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Isabel Berwick / </span><span class="pub_name">Financial Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=70d4472bf9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">On a podcast, Sam Altman said Meta made “giant offers to a lot of people on our team”, like $100M signing bonuses, and “none of our best people” have accepted</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maxwell Zeff / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
advertising
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7ce033510c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">At Cannes, Meta adds AI tools to its Advantage+ suite for advertisers and agencies, including turning images into videos, video highlights, and Virtual Try-On</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mark Mwachiro / </span><span class="pub_name">Adweek</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e44fb5904d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Disney and Amazon partner to let media buyers using Amazon's DSP have better tools to target consumers on ad-tier programming across Disney+, Hulu, and ESPN+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Erik Hayden / </span><span class="pub_name">The Hollywood Reporter</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a0bc5fd3d1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sky, ITV, and Channel 4 plan to offer their streaming ad spaces in one marketplace, letting advertisers run campaigns across services, to combat Google and Meta</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mark Sweney / </span><span class="pub_name">The Guardian</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
funding deals
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d0f4413ba8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Self-driving simulation software maker Applied Intuition raised $600M co-led by BlackRock and Kleiner Perkins at a $15B valuation, up from $6B in March 2024</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Katie Roof / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f5d061e07e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">AI-powered virtual physical therapy startup Sword Health raised $40M led by General Catalyst at a $4B valuation, up from its $3B valuation from June 2024</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Marina Temkin / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b74c8ca604&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Israeli observability startup Coralogix raised a $115M Series E led by NewView Capital at a $1B+ valuation, and plans to invest ~$100M in India over five years</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jagmeet Singh / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fd73309483&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sports data company Teamworks raised a $235M Series F led by Dragoneer at a $1B+ valuation; its tech is used by 6.5K+ sports teams including all NFL teams</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Randall Williams / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ff035ee6f3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nabla, which offers an AI copilot for doctors and other medical staff, raised a $70M Series C led by HV Capital and says it now supports 85K+ clinicians</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mary Ann Azevedo / </span><span class="pub_name">Crunchbase News</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=57336c7c0c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Pano AI, which uses AI and computer vision to offer active wildfire detection, raised a $44M Series B led by Giant Ventures, bringing its total funding to $89M</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Marc Vartabedian / </span><span class="pub_name">Wall Street Journal</span>)</span>
</td>
</tr>
</table>
</div>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=34082df666&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Eigen Labs raised $70M via a token purchase by a16z and launched EigenCloud, which helps developers cryptographically prove what happens in off-chain apps</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Liam Wright / </span><span class="pub_name">Forbes</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c35b7ccec5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A cyberattack claimed by the pro-Israel hacktivist group Predatory Sparrow has reportedly disrupted services at Iran's state-owned Bank Sepah</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Matt Kapko / </span><span class="pub_name">CyberScoop</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ca011ac67e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Iranian government says it has restricted internet access in response to Israeli cyberattacks; some Western communication apps have reportedly been blocked</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kevin Collier / </span><span class="pub_name">NBC News</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6e4d6aa484&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Waymo expands its coverage area in San Francisco and LA by 80 square miles each, bringing its total coverage area in California to 250 square miles</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Andrew J. Hawkins / </span><span class="pub_name">The Verge</span>)</span>
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<a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=aaa3b59baf&e=06cea4a9e4" style="text-decoration: none;">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d1171d4bf3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The US Senate confirms Olivia Trusty to the FCC, giving Republicans a 2-1 majority after the recent departures of two members</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ted Johnson / </span><span class="pub_name">Deadline</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e5810563e4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Amazon plans to hold Prime Day 2025 from July 8 at 12:01am PT through July 11, lasting four days instead of the usual two and exclusive to Prime subscribers</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Cameron Faulkner / </span><span class="pub_name">The Verge</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4dd9bdb5cd&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Salesforce says it will increase prices on many products in August, including Slack; major product lines will see a 6% increase on average</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Brody Ford / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0034c4630b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple's Journal app is coming to iPad and Mac in iPadOS 26 and macOS Tahoe and gains features like multiple journals, map view, inline images, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Christoffel / </span><span class="pub_name">9to5Mac</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=14a35008e2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Tinder reintroduces Double Date, bringing the double dating feature back to the US after shelving it in 2017 over privacy concerns, rolling out globally in July</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Natalie Lung / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3f32587cfa&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Grow a Garden, a simplistic farming simulator game within Roblox, hit 16.4M active players on June 14, beating Fortnite and other games' peak concurrent users</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kieran Press-Reynolds / </span><span class="pub_name">New York Times</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6bf87aafd5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Substack is pitching investors on a round between $50M and $100M that would value it above its ~$700M last round price, and is generating ~$45M in ARR</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Eric Newcomer / </span><span class="pub_name">Newcomer</span>)</span>
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