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Om Malik dies at 60 after long heart illness; tributes pour in for GigaOm founder and tech journalism pioneer

Tech journalism lost one of its defining voices this week. Om Malik, the veteran technology journalist, investor, and founder of GigaOm, died on Wednesday, June 24, at Stanford Hospital after what his family described as “a long health journey with […]

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Venture Capital & Startup Funding Roundup, June 25, 2026

It’s Thursday, June 25, 2026, and venture capital today is focused on one clear idea: AI is moving from demos to systems that must actually work. The biggest checks went to infrastructure, reliability, regulated workflow automation, healthcare operations, and back-office […]

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Anthropic and OpenAI customers overcharged by $1.7M in billing errors, startup audit finds

Anthropic and OpenAI are helping companies automate code, customer support, research, and internal workflows. Now some of those same companies are finding they may have been paying too much for the privilege. A startup called Vaudit says it found roughly […]

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Upside raises $20M to tackle housing instability before it becomes a healthcare crisis

Housing is one of healthcare’s most expensive blind spots. When someone loses stable housing, the fallout rarely stays confined to rent payments or a missed mortgage. It shows up in emergency rooms, missed prescriptions, preventable hospital stays, and rising claims […]

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Bitcoin crashes to $58,000 in sharp selloff as price nears two-year low

Just two weeks after Bitcoin fell to $59,000 in its worst weekly stretch since 2022, the world’s largest cryptocurrency is back under pressure. On Thursday morning, Bitcoin plunged as much as 5% to roughly $58,000, its weakest level since 2024, […]

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GRAIL secures $110 million in equity from Samsung for international expansion of Galleri cancer detection test

GRAIL has closed a $110 million equity investment from Samsung affiliates, giving the cancer detection company fresh capital as it works to win wider adoption for Galleri, its blood-based multi-cancer early detection test, and take the product into new markets […]

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IBM unveils world’s first sub-1nm chip with 100 billion transistors, cuts power use by 70%

For years, the semiconductor industry has lived with a looming question: what happens when chips get so small that shrinking them further stops making sense, or stops working at all? IBM says it has an answer. On Thursday, the company […]

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Chinese AI startup Z.ai targets AGI as GLM-5.2 beats GPT-5.5 and narrows the gap with OpenAI and Anthropic

Just a week after China’s Z.ai grabbed global attention after its GLM-5.2 outperformed GPT-5.5 on coding benchmarks at a fraction of the cost, the company said Thursday it plans to use proceeds from a domestic listing to fund its push […]

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Trovy raises $15 million Series A to replace high-interest debt with home equity financing

American homeowners are sitting on trillions of dollars in home equity. At the same time, many of them are still paying credit card rates north of 20% to cover everyday expenses, home repairs, medical bills, and family purchases. Trovy thinks […]

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OpenAI unveils Jalapeño, its first custom AI chip built with Broadcom to power ChatGPT and cut inference costs

OpenAI has built its own chip. On Thursday, the company unveiled Jalapeño, its first custom AI accelerator, developed with Broadcom as part of a broader push to control more of the infrastructure behind ChatGPT, Codex, its API business, and the […]

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Qualcomm acquires AI startup Modular in $4 billion deal to challenge Nvidia’s CUDA dominance

Qualcomm is making a nearly $4 billion bet that the next big AI fight will not be won by chips alone. The company said Wednesday it plans to acquire AI startup Modular in an all-stock deal valued at about $3.92 […]

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China unveils its own rival to Anthropic’s Mythos as AI cyberwar race intensifies

China has built its clearest answer yet to Anthropic’s Mythos, turning what started as a U.S. cybersecurity tool into the latest front in the AI arms race. At a cybersecurity conference in Beijing on Wednesday, Chinese security firm 360 Security […]

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Meta reportedly building prediction markets app called Arena to challenge Polymarket and Kalshi

Meta wants a piece of the prediction market boom. Mark Zuckerberg has reportedly assigned a small team inside Meta to build a smartphone app modeled on prediction platforms like Polymarket and Kalshi, according to a New York Times report published […]

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Meta suffers global outage as Instagram, Facebook, and WhatsApp disrupt users

For a stretch of Tuesday evening, Meta’s apps started breaking in a way that felt familiar. Instagram feeds stopped loading. Facebook profiles appeared blank. WhatsApp users struggled to send messages. Across the U.S., Europe, parts of Asia, and other regions, […]

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Venture Capital & Startup Funding Roundup, June 23, 2026

It’s Tuesday, June 23, 2026, and the last 12 hours of startup financing did not look like a broad market rebound. They looked like a market making a narrower, harder-edged bet. Capital went to software that sits inside real operating […]

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SpaceX stock falls below $150 IPO price after $1 trillion sell-off before rebounding

SpaceX’s post-IPO euphoria just ran into gravity. After roaring out of the gate less than two weeks ago, Elon Musk’s space and AI company briefly slipped below the $150 price of its first trade on Tuesday, a sharp reversal for […]

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Halo raises $7M to launch HaloBraid, a device that makes braiding 5x faster for stylists

For millions of people, braiding is part of everyday life, culture, and routine. It is one of the most common protective hairstyles in the textured hair market. It is also one of the most time-consuming salon services. A single appointment […]

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Apple hit with $4 billion UK iCloud lawsuit as 40 million users join class action

Apple is facing a fresh legal fight in the UK after Britain’s competition tribunal approved a £3 billion, or roughly $4 billion, lawsuit accusing the company of locking millions of users into its iCloud storage service. The ruling clears the […]

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