Reading List

The most recent articles from a list of feeds I subscribe to.

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 (Bloomberg)

Techmeme

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 (Tim Bradshaw/Financial Times)

Techmeme

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 (Sarah Perez/TechCrunch)

Techmeme

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 (David Voreacos/Bloomberg)

Techmeme

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 (Jordan Novet/CNBC)

Techmeme

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 (Politico)

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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 (Matt G. Southern/Search Engine Journal)

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Mamdani Makes World-Cup Stop at Shelter Plagued by Complaints About Bed Bugs, Poor Food

THE CITY - All

Widow's Bay season 1 ending explained by director, plus a season 2 teaser

Polygon - All

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 (Karen Freifeld/Reuters)

Techmeme

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 (Bloomberg)

Techmeme

Many US lawmakers said this week they had not been briefed on Trump's Fable 5 move, including Ted Cruz, whose commerce committee has jurisdiction over AI policy (Politico)

Techmeme

Checking In on the iOS Continental Fun-Gap Drift

Daring Fireball

Illinois Governor JB Pritzker signs a state budget that levies taxes on social media giants, digital advertising, and prediction and crypto markets (Mitchell Armentrout/Chicago Sun Times)

Techmeme

Anthropic pauses its plan to move Claude Agent SDK to token-based billing from June 15, saying "Nothing changes for now", giving power users a pricing reprieve (Kyle Orland/Ars Technica)

Techmeme

SpaceX closed up 4.83% on Tuesday for a $2.65T market cap, just above Amazon's, after popping ~12% intraday and briefly overtaking Microsoft's $2.93T market cap (CNBC)

Techmeme

Sources: PayPal plans to close its 10-year-old PayPal Ventures arm amid new CEO Enrique Lores' shakeup and has hired Jefferies to explore selling some positions (Ben Weiss/Fortune)

Techmeme

You’re paying for Trump’s ballroom

Vox - All

A Czech AI startup says it can detect drones by sound for €150 per sensor, and it wants to wire up power grids first

The Next Web

Melbourne-based Everlab, which is building an AI-powered preventive healthcare platform, raised a AU$65M Series A led by Airtree Ventures (Tegan Jones/SmartCompany)

Techmeme