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25 Jun 2026

Vishal Sikka's Hang Ten Systems raises $32M to challenge IT services with enterprise AI

Former Infosys CEO Vishal Sikka has launched Hang Ten Systems, securing $32 million in seed funding led by Mayfield. The enterprise AI startup aims to replace traditional IT services with AI-driven development and automation, already working with clients like Siemens Gamesa and Fresenius just a month after launch.

3 Sources

Seltz Raises $12.5 Million to Build Search Engine Optimized for AI Agents

Agentic infrastructure startup Seltz has secured $12.5 million in seed funding to build a search engine designed specifically for AI agents rather than humans. Founded by former Amazon AI scientist Antonio Mallia, Seltz owns its entire search stack and crawls hundreds of millions of pages daily, returning results in under 200 milliseconds. The startup enters a competitive field with rivals like Parallel and Exa that have raised significantly more capital.

2 Sources

ChatGPT and AI chatbots show political bias in answers, Washington Post analysis reveals

A Washington Post analysis tested major AI chatbots including ChatGPT, Google Gemini, and Elon Musk's Grok on hot-button political issues. The results show ChatGPT presented left-leaning arguments 80% of the time, while even conservative-marketed bots favored left positions. The findings raise critical questions about AI neutrality and the role these tools play in shaping political discourse.

3 Sources

Blackstone bets $30B on Japan AI data centres despite bubble warnings

Blackstone plans to invest $30 billion in Japan's AI data centres over the next three to five years, targeting facilities exceeding 1 gigawatt capacity. President Jonathan Gray dismissed concerns about AI infrastructure bubbles, arguing the risk of building too little computing capacity outweighs building too much as the firm positions itself in one of Asia's most contested AI infrastructure markets.

2 Sources

Federal Judge Rules ChatGPT Records Can Be Used as Evidence in Crypto Fraud Case

A Manhattan federal judge has allowed prosecutors to obtain ChatGPT records from a crypto executive accused of fraud, establishing that AI chat logs can be treated as searchable digital evidence. The ruling rejects claims that conversations with AI chatbots are protected by attorney-client privilege, marking a significant development as courts begin treating AI communications like emails and search history in legal proceedings.

3 Sources

London becomes global battleground as Waymo, Baidu and Wayve launch competing robotaxi services

London is hosting the first international robotaxi competition with Waymo, Baidu, and Wayve launching commercial services this year. The city's complex roads and 150 million annual taxi trips make it a crucial testing ground for autonomous vehicles. With the UK expecting £42 billion in economic value by 2035, these AI-powered vehicles face challenges from pricing wars to public trust.

2 Sources

24 Jun 2026

Anthropic accuses Alibaba of massive campaign to steal Claude AI capabilities with fake accounts

Anthropic has accused Alibaba of orchestrating the largest known distillation attack against its Claude AI models, using nearly 25,000 fraudulent accounts to generate 28.8 million exchanges between April and June 2026. The US AI company claims the Chinese tech giant brazenly defied Trump administration warnings to illicitly extract valuable AI capabilities without incurring training costs.

18 Sources

Companies scramble to control AI spending as tokenmaxxing era crashes over unpredictable costs

After encouraging unlimited AI use, major companies are now racing to implement AI cost control measures as bills spiral out of control. Consulting giant Accenture is restricting employees from using AI for basic tasks like PDF conversion, while Uber capped its AI budget after spending its entire 2026 allocation in just four months. The shift from flat-fee to usage-based pricing models has exposed the unpredictability of AI costs.

9 Sources

Florida Congresswoman denies staff used Claude AI to draft defense bill after viral screenshot

Rep. Anna Paulina Luna faced scrutiny after a viral screenshot showed 'Claude responded:' in a National Defense Authorization Act amendment summary. The Florida Republican initially said staff used AI to 'correct' text but later clarified it was only for spellcheck, insisting no legislation is ever drafted with AI despite growing concerns about AI chatbot use in legislative workflows.

3 Sources

Micron revenue quadruples to $41.5B as AI boom drives memory chips into severe shortage

Micron Technology reported fiscal third-quarter revenue of $41.46 billion, quadrupling from $9.3 billion a year earlier, as the AI boom fuels unprecedented demand for memory chips. The largest U.S. memory chipmaker beat Wall Street estimates by over $5 billion and forecast fourth-quarter revenue of $50 billion, signaling that supply constraints will persist well beyond 2027.

26 Sources

Qualcomm enters data center race with Dragonfly chips, signs Meta and Microsoft as partners

Qualcomm unveiled its comprehensive Dragonfly platform for data centers at its investor day, marking a major expansion beyond smartphones. The chipmaker secured Meta and Microsoft as early customers and announced a $3.9 billion acquisition of AI software startup Modular. With the Dragonfly C1000 CPU arriving in 2028, Qualcomm faces intense competition from Nvidia in the AI infrastructure market.

20 Sources

OpenAI updates ChatGPT's GPT-5.5 Instant to understand what you mean, not just what you type

OpenAI has rolled out a new version of GPT-5.5 Instant that focuses on conversational quality rather than raw intelligence. The updated ChatGPT model now better understands user intent and adapts responses accordingly, handling complex constraints more reliably while making shopping and local recommendations more useful.

4 Sources

Nvidia loses China AI chip dominance to Huawei as export controls reshape global semiconductor race

Nvidia's market share in China's AI chips market is projected to collapse from 40% to just 8% this year, while Huawei surges to 50% dominance. Despite Jensen Huang's celebrity status during his Beijing visit, U.S. export controls and China's push for semiconductor self-sufficiency have fundamentally altered the competitive landscape, even as smuggling operations reveal persistent demand for Nvidia's technology.

5 Sources

Congress Moves to Make Tech Companies Pay AI Data Center Energy Costs as Bills Surge 267%

The U.S. House of Representatives begins debate on legislation requiring tech companies to cover the energy costs of AI data centers. The Ratepayer Protection Act would force Big Tech to pay for grid upgrades as voters express anger over electricity bills that have risen as much as 267% near data center hubs over five years.

2 Sources

Nokia and Databricks complete test for AI platform powering next-generation autonomous networks

Nokia and Databricks successfully demonstrated a unified data platform designed to support AI-driven autonomous networks for telecommunications operators. The proof of concept validated cloud-agnostic deployment of real-time analytics without code rewrites, addressing the challenge of hundreds of siloed operational systems that plague telecom networks today.

3 Sources

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