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Nothing unveils the $799 Phone 3, with a 6.7" AMOLED display, Snapdragon 8s Gen 4 chip, three 50MP rear cameras, and the $299 Headphone 1, both shipping July 15 (Bloomberg)
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X will start to publish Community Notes written by AI agents; developers will soon be able to submit their own "fact-checking" AI agents for review (Kurt Wagner/Bloomberg)
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Figma files for an IPO, plans to trade on the NYSE under FIG, and reports Q1 revenue increased 46% YoY to $228.2M and net income grew from $13.5M to $44.9M YoY (Jordan Novet/CNBC)
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Source: Mark Zuckerberg has, on 10+ occasions, offered to pay AI research talent up to $300M over four years, with $100M+ in compensation for the first year (Zoë Schiffer/Wired)
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Sources: Anthropic's revenue hit a pace of $4B/year, up almost 4x from the beginning of 2025; Cursor maker Anysphere has poached two of Claude Code's leaders (The Information)
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Sam Altman said in a memo to staff, "missionaries will beat mercenaries" and "I believe there is much, much more upside to OpenAI stock than Meta stock" (Zoë Schiffer/Wired)
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AT&T launches Account Lock to protect wireless users against SIM swapping attacks, following similar features from T-Mobile, Verizon, and Google Fi (Emma Roth/The Verge)
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Meta expands voice calls on WhatsApp to large businesses and explores AI-powered product recommendations for merchants' sites (Ivan Mehta/TechCrunch)
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Threads launches DMs for users aged 18 and older, without support for E2EE, and announces a "highlighter" feature to emphasize trending topics (Emma Roth/The Verge)
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Sources: data labeling company Surge AI aims to raise up to $1B, targeting a $15B+ valuation; Surge AI had $1B+ in 2024 revenue, vs. Scale AI's reported $870M (Reuters)
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CoinMarketCap: bitcoin's share of crypto market value grew to 64% in 2025, the highest since January 2021, and altcoins lost $300B+, as investors buy BTC ETFs (Bloomberg)
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American Bitcoin, a bitcoin mining and holding company backed by Eric Trump and Donald Trump Jr. that is a subsidiary of publicly traded Hut 8, raised $220M (Ben Weiss/Fortune)
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AI researcher salaries are steadily rising, with mid to senior level scientists' total pay packages of $500K to $2M at Big Tech, up from $400K to $900K in 2022 (Financial Times)
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Trump says "We might have to put DOGE on Elon", "DOGE is the monster that might have to go back and eat Elon", and "We'll have to take a look" at deporting Musk (Avery Lotz/Axios)
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Grammarly acquires email startup Superhuman as part of a push to diversify and build an AI productivity suite; Superhuman was valued at $825M in August 2021 (Krystal Hu/Reuters)
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Genesis AI, which generates synthetic data for training an AI model meant to power robots, emerges from stealth with a $105M seed co-led by Eclipse and Khosla (Marina Temkin/TechCrunch)
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Filing: Apple sues Di Liu, a former senior product designer for the Vision Pro, for allegedly stealing a "massive volume" of its trade secrets to take to Snap (Ethan Baron/SiliconValley.com)
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Huawei open sources its 7B and 72B Pangu AI models and some of its model reasoning tech to incentivize the use of its other products, like its Ascend AI chips (Dylan Butts/CNBC)
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Cloudflare debuts "Pay per Crawl", a marketplace that lets sites charge AI crawlers per crawl; new sites using Cloudflare will now block AI crawlers by default (Maxwell Zeff/TechCrunch)
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Google warns that the DMA is hampering innovation for EU users and asks regulators for more detailed guidance and critics to provide evidence to prove its case (Foo Yun Chee/Reuters)
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