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Memo: Amazon SVP Dave Treadwell says junior and mid-level engineers now require more senior engineers to sign off any AI-assisted code changes, after outages (Rafe Rosner-Uddin/Financial Times)
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AI networking equipment startup Eridu emerges from stealth and raised a $200M Series A led by Socratic, John Doerr, and more, taking its total funding to $230M (Julie Bort/TechCrunch)
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Meta emails advertisers about "location fees" in select European countries to cover digital services taxes, starting July 1; Google and Amazon have similar fees (Gian Volpicelli/Bloomberg)
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Kazuo Ishiguro, Philippa Gregory, Richard Osman, and ~10,000 writers publish Don't Steal This Book, an "empty" book to protest AI companies using their work (Dan Milmo/The Guardian)
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Nexthop AI, which offers specialized switches to reduce power consumption and latency for hyperscalers, raised $500M led by Lightspeed at a $4.2B valuation (Rebecca Torrence/Bloomberg)
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How AI training company Mercor, valued at $10B in 2025, uses AI interviewer Melvin and invasive monitoring software Insightful to manage its 30K+ workforce (Josh Dzieza/The Verge)
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AT&T says it plans to spend $250B+ over the next five years to build out its US infrastructure, including high-speed fiber; AT&T spent $21B on capex in 2025 (Bloomberg)
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AI cybersecurity startup Armadin, started by Mandiant founder Kevin Mandia to build AI agents, raised ~$190M led by Accel; Google bought Mandiant for $5.4B (Samantha Subin/CNBC)
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An interview with Hinge CEO Jackie Jantos, promoted from CMO in December 2025, as the dating app hits 1.8M+ paying users, gaining ground while others struggle (Kieran Smith/Financial Times)
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US commercial satellite provider Planet Labs delays Middle East imagery to two weeks from four days over concerns it could be used to target NATO members (Aaron Clark/Bloomberg)
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A look at the top 100 GenAI consumer apps: ChatGPT leads but the race for the "default AI" is on, global usage is splintering by product, and AI agents arrive (Olivia Moore/Andreessen Horowitz)
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Pentagon official Emil Michael says Anthropic's lawsuit is an "expected reaction" and "I don't think there's a scenario where this gets resolved in that way" (Katrina Manson/Bloomberg)
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Uzbek fintech and e-commerce company Uzum raised $131.5M led by Oman's sovereign funds, with $81.5M equity, at a $2.3B valuation, up from $1.5B in August 2025 (Jagmeet Singh/TechCrunch)
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How "dark factories", powered by AI and robotics and requiring essentially no workers, are set to upend China's labor market, already stressed by tariffs (Bloomberg)
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How AI may disrupt venture capital, from making it easier and cheaper to start software companies, to agentic investors analyzing startup pitch decks and teams (Arielle Pardes/Wired)
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Yann LeCun's Advanced Machine Intelligence Labs raised a $1.03B seed at a $3.5B pre-money valuation to work on world models, in Europe's largest-ever seed round (Madhumita Murgia/Financial Times)
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Sources: Apple made ~55M iPhones in India in 2025, up 53% YoY from 36M in 2024, or ~25% of total iPhone production, as it shifts away from China amid tariffs (Sankalp Phartiyal/Bloomberg)
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Flipkart moves its headquarters back to India, more than a decade after it moved to Singapore, as it prepares for a potential IPO in India in the coming months (Jagmeet Singh/TechCrunch)
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Source: Spark Capital, the first VC firm to back Anthropic in 2023, is raising about $3B in new funds, 50% more than the size of funds it raised two years ago (The Information)
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Dify, which offers an open-source platform to build and run AI applications and agentic workflows, raised a $30M pre-Series A led by HSG at a $180M valuation (FinSMEs)
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