IQM, Europe's first public quantum company, admits the future of the tech is uncertain: IQM, a full-stack quantum company out of Finland, went public on the Nasdaq today at a valuation of about $1.9 billion. Read More
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Mark Zuckerberg tells staff that AI agents haven't progressed as quickly as he'd hoped: At an internal meeting, the Meta CEO reportedly said that AI development efforts were not moving as quickly as anticipated. Read More
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OpenAI proposed donating 5% of its equity to a US sovereign wealth fund: OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, reviving discussions about letting the public share in the financial gains from the AI boom. Read More
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Politician who investigated spyware abuses had his phone hacked with Pegasus spyware: A government customer of NSO Group used the company's Pegasus spyware to hack into the phone of a European politician, who at the time was serving on an EU committee tasked with investigating the spyware industry. Read More
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Thiel Capital’s Jack Selby nabs stakes in hot startups like Etched through Arizona connections: Selby's VC firm, Copper Sky Capital, is currently raising a $300 million second fund, according to a regulatory filing. Read More
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Jersey Mike's IPO illustrates how bad the AI hype has become: Just for kicks, I took a look at Jersey Mike's IPO documents. Surely a sandwich shop would have no need to mention AI. But lo and behold. Read More
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Last chance to apply — Startup Battlefield Australia applications close July 6: If you're going to apply for Startup Battlefield Australia, now is the time. Applications close July 6, and once the deadline passes, the opportunity is gone. Read More
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A warning sign about AI’s real cost, courtesy of Google and Amazon: AI has made it a lot harder for tech companies like Amazon and Google to deliver on their net-zero pledges. Read More
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Meta quietly launches vibe-coded gaming app Pocket: Meta has quietly launched Pocket, an experimental AI app that lets users generate and share interactive mini games using text prompts. Read More
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