Tech

Nauk Nauk, which runs an AI video app that turns photos of toys into short animated videos, raised $20M and is coming out of beta; it claims to have 1M+ users (www.axios.com)
2026-6-17 AI

Sources describe Huawei's efforts to rebuild its chip business seven years after the US cut Huawei off from advanced chips, as it bets on logic-stacking tech (www.ft.com)
2026-6-17

World models startup Odyssey raised $310M from Amazon and others at a $1.45B valuation and will use AWS as its preferred cloud partner, deploying Trainium chips (www.ft.com)
2026-6-17 Amazon Startup

AI and Brain-Computer Interface Allow Speechless ALS Patient To Work a Full-Time Job (science.slashdot.org)
2026-6-17 AI

A profile of Anthropic researcher Nicholas Carlini, who warned about Mythos in March and is now part of an Anthropic team briefing the White House on safeguards (www.wsj.com)
2026-6-17

Sources: Samsung is seeing a rise in advanced chip production requests from BYD, Google, AMD, and others as TSMC's capacity remains constrained by AI demand (asia.nikkei.com)
2026-6-17 Google Samsung AI AMD

Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation (www.theinformation.com)
2026-6-17 Alibaba AI

India's Telegram ban until June 22 over exam paper leak concerns is a terrible look for the country, sets a precedent, and could happen again if unchallenged (x.com)
2026-6-17 India Ban

Kazakhstan signs accords with Firebird on Nvidia-related computing projects that could bring up to $10B in investment, as it seeks to build a Data Center Valley (www.bloomberg.com)
2026-6-17 Nvidia

Dealogic: investors have poured $58B across 42 data center deals YTD; Oxford Economics says ~850 data centers worth some $7T are under construction globally (www.ft.com)
2026-6-17

Sources: Chinese social media app Xiaohongshu targets a Hong Kong IPO as early as year-end at a $70B+ valuation, up from $50B in recent private secondary trades (www.wsj.com)
2026-6-17 China Hong Kong IPO

WordPress survey: 60% of US consumers say “AI” in a brand's messaging is a turnoff, 86% always or sometimes check the original source after seeing an AI summary (techcrunch.com)
2026-6-17 WordPress AI

Sources: Jeff Bezos is investing in Cambridge, UK-Based CuspAI, which applies generative AI to material sciences, as part of a $400M round at a $2.6B valuation (www.ft.com)
2026-6-17 AI Jeff Bezos

Databricks says annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says higher AI agent usage is increasing costs, lowering margins (www.cnbc.com)
2026-6-17 AI 4Q

A look at Wyoming's Frontier Stable Token, which launched in January and currently has a market value of ~$1M, as other states explore “white labeling” the tech (www.bloomberg.com)
2026-6-17

HPE Tempts VMware Users, Partners With Year of Free Virtualization Software (tech.slashdot.org)
2026-6-17 VMware

Sources: Meta decided to support KOSA after it was packaged with language preempting state AI laws and a bill requiring app stores to verify users' ages (www.politico.com)
2026-6-17 AI

Kapwing: in tests, ~60% of the first 500 TikTok For You videos shown to a new account were AI slop, ~3x the slop shown to a new YouTube user via YouTube Shorts (www.searchenginejournal.com)
2026-6-17 AI YouTube

Sources: the US has held off adding DeepSeek, CXMT, and 100+ other flagged companies to its Entity List, last updated in October, the longest gap in 10+ years (www.reuters.com)
2026-6-17

Many US lawmakers said this week they had not been formally briefed on Trump's Fable 5 move, including Ted Cruz, whose commerce committee can shape AI policy (www.politico.com)
2026-6-17 Trump AI

Sources: Amazon faces a possible FTC lawsuit alleging it misled advertisers; multiple state AGs are involved and the case could seek billions in civil penalties (www.bloomberg.com)
2026-6-17 Amazon

Illinois Gov. JB Pritzker signs a state budget with new taxes on social media giants, digital ads, and prediction and crypto markets, all likely facing lawsuits (chicago.suntimes.com)
2026-6-17 Tax Budget

Commodore's Callback 8020 Is a $499 Flip Phone That Blocks Social Media and Browsers (mobile.slashdot.org)
2026-6-17 Social Media

SpaceX closed up 4.8% on Tuesday with a $2.65T market cap, just above Amazon's, after popping ~12% intraday and briefly overtaking Microsoft's $2.93T market cap (www.cnbc.com)
2026-6-17 Amazon Microsoft SpaceX

Anthropic pauses its anticipated move to token-based billing for Claude Agent SDK that it planned to implement on June 15, saying “Nothing changes for now” (arstechnica.com)
2026-6-17

Malicious JetBrains Marketplace plugins steal AI API keys from developers (www.bleepingcomputer.com)
2026-6-17 AI

Binance Set To Lose Permission To Operate In EU (news.slashdot.org)
2026-6-17

Sources: PayPal to shutter its 10-year-old PayPal Ventures arm amid a broader shakeup under a new CEO and has hired Jefferies to explore selling some positions (fortune.com)
2026-6-17

France To Stop Certifying Products Without Quantum-Safe Encryption (it.slashdot.org)
2026-6-17 France Quantum

Melbourne-based Everlab, which is building an AI-powered preventive healthcare platform, raised a AU$65M Series A led by Airtree Ventures (www.smartcompany.com.au)
2026-6-17 AI Melbourne

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