Lucid Motors' new CEO cuts 18% of staff to 'simplify the company'

Plus more of TechCrunch's top stories to start your morning

View this email online in your browser  June 22, 2026 TechCrunch Top 3 Lucid Motors' new CEO cuts 18% of staff to 'simplify the company': The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand." Read More Seedcamp raises $320M for its new fund to expand its US footprint: After 18 years of focusing on Europe, early-stage investor Seedcamp said that it has raised $320 million for its latest fund which will see it expanding its presence in the United States. Read More The founder conference built for growth: TechCrunch Founder Summit pass rates increase June 26: Save up to $190 on your pass to TechCrunch Founder Summit 2026 by June 26, 11:59 p.m. PT. Designed for founders first on November 4 in Boston. Register here. Read More A message from Schneider Electric Powering the AI revolution with software-defined automation Energy intelligence, open, software defined automation, and digital twins unlock speed to power, growth and resilience for data centers. Discover the energy technology powering the rise of AI factories. Read insights Morning Must-Reads Ethan Thornton is trying to do everything all at once: Mach's approach differs sharply from some of its peers. Read More Klue hack results in data breach at several cybersecurity firms: Huntress, HackerOne, Jamf, Recorded Future, and Tanium are among the cybersecurity companies that had data stolen following an earlier breach at market research firm Klue. Read More Ubisoft co-founder Claude Guillemot dies in plane crash: Claude Guillemot, who founded Ubisoft with his four brothers, has died at the age of 69. Read More Signal’s Meredith Whittaker wants you to remember that AI chatbots ‘are not your friends’: "These are not your friends. These are not conscious beings. These are not sentient interlocutors.” Read More Beyond Siri: Here are the practical AI features coming to your iPhone in iOS 27: Siri’s AI overhaul may have grabbed the headlines at WWDC, but some of Apple’s most useful AI features are arriving elsewhere in iOS 27. Read More A message from PwC The next generation of tech companies is being built now.  From AI-native startups to next gen companies in industrials, healthcare and energy, today’s founders are navigating accelerated change and scaling faster than ever. PwC helps emerging companies prepare for growth through tailored audit, tax, and deals solutions. From fundraising and expansion to the public markets, be ready for what comes next.  Scale with confidence Last but Not Least Instagram looks to take on streaming services with longer-form, episodic and live formats for its TV app: Instagram is coming for streaming services like Netflix and Amazon Prime Video as it sets its ambitions for living room viewing. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Want to adjust your daily newsletter schedule? You can do it right here Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2026 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107

He made your free video player run smoothly. Now he's doing that for robots.

Plus more of TechCrunch's top stories this weekend

View this email online in your browser  June 21, 2026 TechCrunch Top 3 He made your free video player run smoothly. Now he's doing that for robots.: French serial entrepreneur and open-source legend Jean-Baptiste Kempf has been building Kyber, an infrastructure layer to control remote devices in real time. Read More Every new iOS 27 feature that's worth knowing about: While it's not flashy like Apple’s new Siri AI and Apple Intelligence upgrades, there are still a number of additions to iOS 27 worth looking at. Read More Signal’s Meredith Whittaker wants you to remember that AI chatbots ‘are not your friends’: "These are not your friends. These are not conscious beings. These are not sentient interlocutors.” Read More A message from TechCrunch Startup Battlefield Australia Startup Battlefield Australia is Calling Now TechCrunch Startup Battlefield is coming to Australia — and we're partnering with Stripe to find the country's most exciting early-stage startups. If you're a pre-seed to Series A Australian startup with a scalable, revenue-generating business model, this is your chance to get access to global investors, media and partners. The grand prize winner will get a spot at Disrupt SF Startup Battlefield 200 and take home $15,000 USD in Stripe fee credits. Apply Now Sunday Must-Reads Beyond Siri: Here are the practical AI features coming to your iPhone in iOS 27: Siri’s AI overhaul may have grabbed the headlines at WWDC, but some of Apple’s most useful AI features are arriving elsewhere in iOS 27. Read More Aura's impressive e-ink photo frame doesn't even look digital: All of Aura's frames connect to the Aura app, which is where you can upload photos from your phone, web, email, iCloud, or Google Photos. Read More When the Trump administration cracks down on Anthropic, who benefits?: On the new episode of Equity, we discussed what actually prompted the administration's latest moves against Anthropic, and what this might mean for the AI ecosystem. Read More Nobel laureate John Jumper is leaving DeepMind for rival Anthropic: Jumper isn't the only big name leaving Google DeepMind. Read More From PGP to Mythos: a brief history of export controls that didn't stop anyone: For the last 30 years, stopping the flow of cybersecurity-related software has proven to be ineffective. It's unclear why it would work now with Anthropic’s cybersecurity model Mythos. Read More Disrupt 2026: Where deals and ideas ignite Oct 13–15 at San Francisco's Moscone West, 10,000 founders, investors, and operators gather for high-signal insights, curated connections, and real momentum. Register Now! Last but Not Least Founders Fund's outlier bet on humanely killed fish: Shinkei makes a refrigerator-sized robot called Poseidon to kill fish quickly and humanely. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Want to adjust your daily newsletter schedule? You can do it right here Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2026 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107