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Techmeme

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SK Hynix's historic US stock market listing is a bet that the AI boom is breaking the memory chip industry's decades-long boom-and-bust cycle (Bloomberg)
How members of the extremist group Boko Haram are using AI chatbots to design explosives, fix or upgrade weapons, and brainstorm attack ideas (New York Times)
US software development job postings on Indeed have grown by ~15% since the launch of Claude Code in February 2025, while overall job postings fell by 7% (Guillermo Gallacher/Indeed Hiring Lab)
European startups raised $24B in Q2, up 66% YoY and the strongest quarter in four years; UK startups raised $10.4B, above Germany's $3.2B, and France's $2.4B (Gené Teare/Crunchbase News)
Meta releases Muse Spark 1.1, capable of more advanced coding and a "step-change" from the first generation, available to US developers via a public API preview (Dominic Preston/The Verge)
Meta launches a Meta Model API, which Mark Zuckerberg says will have "aggressive and attractive" pricing at ~25% of the cost of OpenAI's and Anthropic's models (Kurt Wagner/Bloomberg)
Meta prices Muse Spark 1.1 at $1.25/1M input tokens and $4.25/1M output tokens; Alexandr Wang says improving coding and agentic performance was a key focus (Ina Fried/Axios)
Character.AI launches three human-written, AI-generated microdramas, whose characters users can chat with, and aims to eventually let users make their own shows (Ivan Mehta/TechCrunch)
Bun's creator says he rewrote Bun from Zig to Rust using a Claude Fable 5 prerelease version in 11 days, noting it would've taken three engineers "about a year" (Jarred Sumner/bun.com)
Kraken Technology, which designs and builds autonomous maritime platforms, such as uncrewed subsurface vessels, raised a $175M Series B at a $1B valuation (John Reynolds/Tech.eu)
Microsoft President Brad Smith says the US now has AI "regulation without transparent or complete rules", and adds that "without rules, businesses can't plan" (Beatrice Nolan/Fortune)
OpenAI broadly releases GPT-5.6, and launches ChatGPT Work, an AI agent that can gather context across apps and files to create documents, on Mac and Windows (Axios)
GPT-5.6 Sol costs $5 per 1M input tokens and $30 per 1M output tokens, GPT-5.6 Terra costs $2.50 and $15, and GPT-5.6 Luna costs $1 and $6 (OpenAI)
OpenAI merges Codex and ChatGPT desktop apps for Mac and Windows under a new ChatGPT desktop app, allowing users to switch between Codex, Chat, and Work (Zac Hall/9to5Mac)
Sources: AI contractor marketplace Mercor is discussing raising new funds at a roughly $20B valuation, less than a year after raising money at a $10B valuation (Bloomberg)
OpenAI is discontinuing ChatGPT Atlas, its standalone desktop browser, in favor of the new ChatGPT desktop app (Zac Hall/9to5Mac)
The EU Parliament advances a bill letting tech companies scan for CSAM, reviving a proposal rejected in March, with an exemption for E2EE services like WhatsApp (Sam Clark/Politico)
Anthropic, set to add usage-based billing for Fable 5 on July 12, aims to return the model to Claude's subscription plans "when sufficient capacity allows" (Maxwell Zeff/Wired)
The OpenAI Deployment Company agrees to acquire Northslope, an applied AI company founded by ex-Palantir employees, its second acquisition after buying Tomoro (Madison Mills/Axios)
Nvidia lost ~$1T in market value in less than two months, dropping 16% from its May all-time-high, trading at 18x forward earnings, its lowest level since 2019 (Bloomberg)

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