CyberTechMag

Steven Rosenbush / Wall Street Journal : PrismML, which says its 1-bit LLM achieves radical compression without sacrificing performance, comes out of stealth with $16.25M in SAFE and seed funding   —  PrismML says its 1-bit large language model achieves radical compression without sacrificing performance, lowering energy consumption from Techmeme https://ift.tt/dS5AGHo via IFTTT

Aisha S Gani / Bloomberg : Monzo is shuttering its US operations to focus on scaling in the UK and Europe; source: it will lay off ~50 employees and close clients' accounts in June   —  Monzo Bank Ltd. is shuttering its US operations after years of failing to gain a foothold on the world's largest market … from Techmeme https://ift.tt/QyzKbu8 via IFTTT

Meir Orbach / CTech : Tel Aviv-based Sett, which builds AI agents to automate game marketing, raised a $30M Series B led by Greenfield Partners, bringing its total funding to $57M   —  The Israeli startup targets billions spent on user acquisition with agent-based automation.  —  Sett, which develops … from Techmeme https://ift.tt/H98A5fM via IFTTT

Business Insider : Some developers say the App Store review process is taking significantly longer, up to multiple weeks, with an influx of vibe-coded apps as the likely cause   —  - Apple's App Store is seeing an influx of new apps each month.  — Developers say the flood of apps is increasing wait times. from Techmeme https://ift.tt/k8uasVA via IFTTT

Jemima McEvoy / The Information : Midjourney CEO David Holz says the company's revenue “significantly surpassed” $200M in 2023, and has “gone up” since then, despite its declining web traffic   —  Over much of the past year, David Holz, the 37-year-old founder of Midjourney, has devoted himself to a single task … from Techmeme https://ift.tt/pS0Of1z via IFTTT

Alex Isenstadt / Axios : Pro-AI group Innovation Council Action, praised by David Sacks, plans to spend $100M+ in the US midterms to drive deregulation and support Trump's AI agenda   —  A new pro-AI political operation is jumping into this year's midterms with a plan to spend more than $100 million … from Techmeme https://ift.tt/peFUJgn via IFTTT

Bloomberg : A look at Coinbase One and other insurance-like plans for crypto users that typically exclude coverage for many kinds of account hacks, including phishing scams   —  When Matthew Allan realized nearly $100,000 in Bitcoin was missing from his Coinbase account, he wasn't too worried. from Techmeme https://ift.tt/SqsYPLX via IFTTT

Logan Bartlett / @loganbartlett : A look at why Dotcom Bubble comparisons to the AI boom are off, vertical SaaS is up +3% last 12 months vs. horizontal SaaS down 35%, and other reflections on AI   —  This week I co-wrote Redpoint's 2026 Market Update for our Limited Partners with my colleagues @AdilBhatia and @lydianday. from Techmeme https://ift.tt/niSGLUt via IFTTT

Wall Street Journal : A profile of Mark Lanier, a TX lawyer and part-time pastor who beat Meta and Google in the LA social media case and said Zuckerberg was “rattled” on the stand   —  Plaintiff's attorney Mark Lanier uses props and parables to challenge social-media giants, drugmakers and manufacturers … from Techmeme https://ift.tt/wabPmJ0 via IFTTT

Julie Bort / TechCrunch : Report analyzing payments of 28M US consumers shows Claude adding paid subs at a steadily increasing pace; Anthropic: paid subs have more than doubled this year   —  Whatever the final outcome for Anthropic from its feud with the Department of Defense, the attention it has generated … from Techmeme https://ift.tt/3tO7MfF via IFTTT

Pierluigi Paganini / Security Affairs : ShinyHunters says it stole 350GB+ of data in a cyberattack on the European Commission, detected on March 24; the EC says its internal systems were not affected   —  The European Commission has allegedly been breached by ShinyHunters, with reported data dumps including content from mail servers. from Techmeme https://ift.tt/JylEGkn via IFTTT

Financial Times : US memory chip stocks lost ~$100B in market value this week, led by Micron's 15% drop, after Google Research detailed its TurboQuant compression algorithm   —  New research suggests AI data centres will need much less memory than investors had bargained for  —  US memory chip stocks … from Techmeme https://ift.tt/HFEockd via IFTTT

Bloomberg : Filing: Kalshi has secured a license allowing it to offer margin trading to users, which would make the platform more appealing to institutional investors   —  Kalshi Inc. has secured a license allowing it to offer margin trading to users, a feature that would make the prediction market platform … from Techmeme https://ift.tt/mdLbslY via IFTTT

TechCrunch : The FBI confirms Iran-linked Handala breached Kash Patel's personal email but says the data accessed was “historical in nature” and involves no government info   —  Lorenzo Franceschi-Bicchierai Zack Whittaker  —  A hacking group backed by the Iranian government dubbed “Handala” … from Techmeme https://ift.tt/FgrGSPV via IFTTT

Wall Street Journal : Sources: X let go of 20+ staffers in nontechnical roles ahead of a SpaceX IPO; X staff have been told to focus on growing revenue since xAI brought on a CRO   —  Redundant roles have been removed as the social-media company tries to boost profit and integrate with Musk's space-exploration company from Techmeme https://ift.tt/WOVHu9x via IFTTT

Mark Gurman / Bloomberg : Sources: Apple plans to open up Siri to run any AI service via App Store apps in iOS 27, dropping ChatGPT as exclusive partner in Apple Intelligence and Siri   —  Apple Inc. plans to open Siri to outside artificial intelligence assistants, a major move aimed at bolstering the iPhone as an AI platform. from Techmeme https://ift.tt/LrnwEta via IFTTT

Mark Sullivan / Fast Company : ARC Prize Foundation unveils ARC-AGI-3, an AI benchmark with simple video-game-like scenarios designed to measure on-the-fly reasoning rather than memory recall   —  ARC-AGI-3 tests whether models can reason through novel problems, not just recall patterns, a task even top systems still struggle to do. from Techmeme https://ift.tt/0b35nTF via IFTTT

New York Times : The jury in LA's social media trial finds Meta and YouTube harmed a young user via addictive design features and orders them to pay her $3M; Meta will pay 70%   —  A jury found the companies negligent in their app designs, harming a young user with design features that were addictive and led to her mental health distress. from Techmeme https://ift.tt/gYjlF0a via IFTTT

Marina Temkin / TechCrunch : Doss, which provides an AI-native inventory management layer that integrates with existing accounting systems, raised a $55M Series B   —  Enterprise resource planning (ERP) systems are often described as a company's ‘central brain’ because the software connects different departments … from Techmeme https://ift.tt/jUNOTPD via IFTTT

We’re starting to give AI agents real autonomy, but are we prepared for what could happen next? This subscriber-only eBook explores this and angles from experts, such as “If we continue on the current path … we are basically playing Russian roulette with humanity.” by Grace Huckins June 12, 2025 ACCESS EBOOK Related Stories: Are we ready to hand AI agents the keys? Narrated: Are we ready to hand AI agents the keys? Access all subscriber-only eBooks : ACCESS ALL EBOOKS from MIT Technology Review https://ift.tt/KFoliqU via IFTTT

Lex Fridman : Q&A with Jensen Huang, who says “we've achieved AGI”, on running Nvidia, AI scaling laws, OpenClaw, future of coding, data centers in space, China, and more   —  - Watch the full YouTube version of the podcast  —  Table of Contents  —  Here are the loose “chapters” in the conversation. from Techmeme https://ift.tt/Q4UT6c1 via IFTTT

Reuters : Poste Italiane says it will launch a €10.8B cash-and-share offer to fully acquire Telecom Italia; Poste is already Telecom Italia's largest shareholder   —  Italian majority-state-owned national postal service Poste Italiane (PST.MI) said on Sunday it was launching a cash-and-share offer … from Techmeme https://ift.tt/TSsi3gy via IFTTT

Reuters : Tencent launches ClawBot, an OpenClaw-based agent integrated into WeChat, letting its 1B+ MAUs send and receive commands to interact with the AI agent via chat   —  Tencent(0700.HK) launched a tool on Sunday to integrate its WeChat messaging platform with the OpenClaw agent … from Techmeme https://ift.tt/lAHMd3i via IFTTT

Kate Clark / Wall Street Journal : AI tools like Claude Code have transformed coders' lives, and AI labs are now eyeing a bigger goal: automating everyone's lives and winning the non-coder market   —  The AI sprint is hurtling toward a world where anyone can build personal concierges to do everything from executive presentations to March Madness brackets from Techmeme https://ift.tt/u6xpBV7 via IFTTT

Allison Johnson / The Verge : Hands-on with Gemini task automation on mobile: it's super impressive despite being very slow and failing at some tasks; it can order food, book Ubers, and more   —  It took nine minutes to order my dinner, but it still feels like the future. … I've been testing out Gemini's new task automation … from Techmeme https://ift.tt/VpHrWvo via IFTTT

Shubham Agarwal / The Guardian : How gig apps like Kled AI, Silencio, Neon Mobile, and Luel AI pay users for data that AI companies can use to train models, from phone calls to videos of places   —  Gig AI trainers worldwide are selling moments of their lives, including calls and texts, to AI companies for quick cash from Techmeme https://ift.tt/3ymTwzZ via IFTTT

Kevin Roose / New York Times : A look at “tokenmaxxing”, a status game where employees at a number of companies compete on leaderboards to show how much AI they're using   —  An engineer at OpenAI processed 210 billion “tokens” — enough text to fill Wikipedia 33 times — through the company's artificial intelligence models … from Techmeme https://ift.tt/MiZRxln via IFTTT