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Techmeme

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A look at a thriving underground economy for Claude access in China, including "transfer station" sites that buy API tokens abroad and distribute them to users (Wired)
Masayoshi Son questioned Musk's orbital AI data centers, noting electricity is just 7% of costs and the AI race will be won on Earth within a few years (Tim Higgins/Wall Street Journal)
A profile of Jacob Andreou, the 33-year-old former Snap exec leading Microsoft's consolidated Copilot team efforts to catch up with OpenAI and Anthropic (Sebastian Herrera/Fortune)
Brazil, which has struggled to standardize soccer talent scouting, is embracing AI-powered scouting apps that assess players by analyzing video clips and more (New York Times)
An analysis of US payroll data across 730+ occupations: employment among workers ages 22 to 25 in highly AI-exposed jobs is now shrinking by 3.8% per year (Nick Lichtenberg/Fortune)
Australia-based Firmus partners with Nvidia to build its first data center in Batam, Indonesia; the 360 MW Nvidia DSX AI factory campus is developed with DayOne (Bloomberg)
The rapid pace of AI progress has created a pervasive fear of missing out across Silicon Valley, fueling anxiety among founders, executives, employees, and VCs (Bloomberg)
LSEG: tech companies have raised $3.1B from mainland China stock market listings YTD, up 5x+ from a year earlier, as AI and chip companies drive onshore IPOs (Reuters)
How AI is shaping the 2026 US midterms, as public anger grows against data center expansion and the AI industry emerges as one of the biggest financial backers (Bloomberg)
Polymarket says its annualized revenue is now $1B+; Dune Analytics: daily volume on Polymarket's US platform rose from ~$50M in mid-May to $200M+ by June 20 (Davis Giangiulio/CNBC)
Source: the Trump administration is close to allowing Anthropic to restore access to Fable 5; limits could be lifted as soon as this coming week (Axios)
A look at South Korea's four vocational "meister" schools that train students to work in semiconductor manufacturing, leading to jobs at Samsung and SK Hynix (Max Kim/New York Times)
AI executives and lobbyists say they are seeking regulatory clarity from the Trump administration but are wary of pressing for answers, fearing retaliation (Politico)
Tokyo-based Sakana AI's Fugu and China-based 360's cybersecurity model Tulongfeng claim to rival Anthropic's banned Mythos and Fable 5 amid the US export ban (Kate Park/TechCrunch)
Sports clips' rise on platforms like YouTube has left broadcasters debating whether to use them to attract younger viewers or protect their subscription revenue (Lillian Rizzo/CNBC)
Sources: Meituan, Baidu, Xiaomi, and other Chinese tech giants have been trimming their workforces, fueling Chinese workers' concerns of being replaced by AI (Wency Chen/South China Morning Post)
A look at advanced chip packaging, now more reliant on TSMC and its partners in Taiwan than ever, and the efforts to address this bottleneck in the US (Don Clark/New York Times)
Streaming services must comply with a California law that bans playing ads louder than the content being watched from July 1, but its implementation is unclear (Scharon Harding/Ars Technica)
Oracle's stock fell 19% this week, the steepest weekly drop since a 20% plunge in August 2001, amid concerns about its debt load and AI investments (Jordan Novet/CNBC)
AWS hikes prices for Nvidia GPUs in its EC2 Capacity Blocks service, which let businesses rent AI compute in advance, by 20%; Trainium chip pricing is unchanged (Catherine Perloff/The Information)

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