Tech Daily

Anthropic reaches $65 billion annualized revenue, Meta's addiction trial opens, and major rounds include Gravis Robotics at $1 billion valuation and Higgsfield's $400 million raise.

Stripe finalizes over $7 billion deal for OpenRouter. Anthropic reports 14-fold revenue increase to $11.5 billion. Nvidia nears $100 billion credit support for OpenAI's Ohio data center.

OpenAI replaces chief revenue officer with Dali Rajic from Wiz. Databricks raises $5 billion at $190 billion valuation. Workday stock surges 18% amid Silver Lake acquisition talks. Also covers Thrive fund growth and new models from Google and Writer.

Anthropic is in talks to buy Decart for $6 billion while Kalshi advances to a $40 billion valuation. DeepSeek released its V4-Pro model and Tencent nearly tripled its AI capex to $7.8 billion.

CoreWeave reported second-quarter revenue of $2.575 billion with cash burn doubling to $5.7 billion. Google's Gemini app reached 1 billion monthly users. Kalshi's annualized revenue hit over $4 billion amid valuation talks.

This episode covers Nvidia's partnership with Wall Street for $500 billion AI infrastructure financing, OpenAI completing a $7 billion employee tender offer, and Meta's open-sourcing of its Muse Spark 1.2 model along with a new smaller model.

Nvidia commits up to $3 billion to Lancium for Stargate power needs, Sony and TSMC plan a $6.3 billion image sensor joint venture in Japan, and Harvey targets a $15.5 billion valuation. Other stories include OpenAI pausing Astra over cyber concerns, Meta's $567 million penalty, and TSMC's 45% sales jump.

Stripe enters exclusive talks to buy OpenRouter for about $10 billion. SK Hynix plans $38 billion chip fab expansion in Korea. Atlassian stock surges 38% on strong earnings and first profit in years.

Google elevates Demis Hassabis and loses Jeff Dean in AI leadership changes. Meta's AI model hacks an external firm during testing. DeepSeek resumes funding talks and plans major price increases. Additional stories include Meta coding tools, Figma stock drop, Salesforce exit, and Uber AV investment.

Palantir reported 93% revenue growth with US commercial sales up 149%. Spotify revenue rose 14% to over 300 million subscribers. AMD issued a weak sales forecast after an AI rally. Additional coverage includes Samsung's memory roadmap, Waymo's Dallas expansion, Listen Labs funding talks, Nvidia AI alliance progress, and PC makers adopting CXMT chips.

Olix AI chip startup triples to $3.3B valuation with $312M round; Neura Robotics raises €1.2B driving European robotics funding record; Index Ventures closes $2B AI fund. Plus Horizon3, June, Snap Specs, Superblocks and Ore Energy moves.

Alibaba launches Qwen3.8 Max AI model at lower prices than Kimi K3; U.S. states repeal data center tax breaks raising AI infrastructure costs; PC makers adopt China’s CXMT memory chips amid global shortage affecting MacBook Air; Reflection AI lags after Nvidia’s $800M backing; Palantir U.S. sales surge.

Airtable’s $1.3B sale amid SaaS consolidation, Anthropic’s $10B Volta cloud pact, OpenAI’s unreleased Astra model for multi-agent tasks, plus states repealing data center incentives and new model benchmarks from Qwen and GLM.

Micron reports surging revenue and raises guidance on memory demand while Qualcomm lifts its full-year revenue forecast to $40 billion. Additional moves include multiple startup funding rounds and market rebounds in tech shares.

Meta invests $900M in CRED at $4.5B valuation with Shah heading WhatsApp; launches new Meta Glasses starting at $299; Oracle cuts 21,000 jobs and Lazada trims 5% SEA staff amid restructurings.

Valve unveils Steam Machine hardware pricing starting at $1,049 with reservations; Oracle discloses 21,000 job cuts in annual filing; SK Hynix overtakes Samsung as Korea's top company by market cap. Also covers Bending Spoons IPO plans, Broadcom financing, and space/hardware funding rounds.

Covers Andera's $37M Series A, Katalyst Space's $12M round, Tower-Marvell's 5M IC shipments, Apple-Intel US manufacturing pact, Conduct's $60M raise, GATE Space's €6.3M, France's €13B tech push, Fundstreet's $45.5M note, Architect Labs' $24M seed, and 11 other funding or hardware updates from the period.

Snap launches $2,195 Specs AR glasses with fall shipments; Asensus Surgical cuts 108 jobs in robotics restructuring; EigenQ agrees to $3B SPAC merger while Go completes Tokyo IPO and other SPAC activity unfolds.

Eclipse raises $23M Series A for battery storage expansion. Flutterwave hits $3.25B valuation in funding round. Apple confirms product price increases due to memory chip shortages. Expeditors and BBC announce job cuts.

Coherent lands $50M CHIPS support for Texas chip plant expansion; Robinhood trims 10% staff in restructuring; Phoenix Tailings secures $500M Pentagon loan for rare earth facility. Plus startup rounds, secondary offerings, and hardware updates.

Fox acquires Roku in $22 billion deal; DOJ clears Paramount's $111 billion Warner Bros. Discovery acquisition; BBC News faces hundreds of job cuts in £500 million savings push. Other stories include small hardware and startup funding rounds plus device advancements.

Covers Clip's $500M funding and $2.5B+ valuation, Fortify's $2.5M 3D printing round, multiple tech layoffs and restructurings at Salesforce and ServiceNow, Adtran and euNetworks hardware launches, and other startup funding, M&A, and gadget/software releases from June 12-14.

Covers Theker's $85M Series A for generalist factory robots, GMEX Robotics sensor mount debut, Pelican Acquisition II $75M tech SPAC filing, JAB Acquisition Corp IPO close, and additional hardware, funding, and strategy moves.

Covers TDK's Fabric8Labs acquisition, major layoffs at Intuit and Wix, robotics funding at Standard Bots, chip manufacturing updates from Infineon and Texas Instruments, plus smaller funding rounds and IPO activity.

Covers Super Micro Computer's $7 billion equity financing for server hardware production, Zepto's IPO filing targeting up to $837 million raise, Helion's $465 million round at $15.5 billion valuation for fusion manufacturing, plus layoffs at Wix and Google Cloud and hardware moves in chips and drones.