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Lulu Yilun Chen / Bloomberg: Sources: Thrive and Capital Group visited China to study its AI scene, joining a wave of US investors rekindling interest in China after DeepSeek's advances  —  Joshua Kushner's Thrive Capital and investment firm Capital Group have in recent months visited China to learn about its AI industry …

Shannon Cuthrell / IEEE Spectrum: A look at Australian startup Cortical Labs' CL1, billed as the first code-deployable biological computer, with 115 units shipping this summer at $35K each  —  World-first biocomputing platform hits the market  —  Shannon Cuthrell is a freelance journalist covering business and technology.

Saritha Rai / Bloomberg: Chinese startup Butterfly Effect's Manus launches text-to-video generation tool in early access for paid users, with plans to roll it out for free to all users  —  Manus unveiled a text-to-video generation feature, entering a competitive segment populated by rivals from OpenAI …

Reuters: AI coding startups are at risk of being disrupted by Google, Microsoft, and OpenAI; source: Microsoft's GitHub Copilot grew to over $500M in revenue last year  —  Two years after the launch of ChatGPT, return on investment in generative AI has been elusive, but one area stands out: software development.

Financial Times: Sources: Toronto-based AI startup Cohere is seeking to raise $500M+ at a valuation of over $5.5B; it raised a $500M Series D at a $5.5B valuation in July 2024  —  Canadian group seeks valuation of up to $6.5bn but rivals have soared far higher in comparison

Jaspreet Singh / Reuters: CEO Alex Bouaziz says Deel crossed $1B annual revenue run rate in Q1 2025 and has allocated an M&A budget of between $200M and $500M in 2025  —  Payroll startup Deel said on Tuesday it crossed $1 billion annual revenue run rate in the first quarter and has earmarked up to $500 million for acquisitions this year to bolster growth.

Sophia Fox-Sowell / StateScoop: A bipartisan group of over 260 US state legislators sign a letter opposing a federal budget bill provision that bans states from enforcing AI laws for 10 years  —  More than 260 state legislators from all 50 states have signed a letter opposing a provision in the federal budget reconciliation bill …

George Hammond / Financial Times: Court filing: Deel alleges Rippling's “competitive intelligence manager” Brett Alexander Johnson posed as a customer to access Deel's product and business info  —  HR start-ups Rippling and Deel trade allegations their leaders directed efforts to steal company secrets from one another

Vildana Hajric / Bloomberg: NYSE Arca files with the SEC to list a Bitcoin ETF linked to Trump Media and Technology Group, the parent company of Truth Social and Truth.fi  —  NYSE Group Inc. filed regulatory paperwork on Tuesday to list the Truth Social Bitcoin ETF, using the name of President Donald Trump's social network.

Maxwell Zeff / TechCrunch: Windsurf says Anthropic is limiting its direct access to its AI models, including the newest Claude 4 family and the highly popular Claude 3 models  —  Windsurf, the popular vibe coding startup that's reportedly being acquired by OpenAI, said Anthropic significantly reduced its first-party access …

Duncan Riley / SiliconANGLE: Asana reports Q1 revenue of $187.3M, vs. $185.5M est., up 9% YoY vs. 26% last year, and adjusted EPS of $0.05, vs. $0.02 est.; ASAN falls 8%+ after hours  —  Shares in Asana Inc. fell more than 7% in late trading today on investor concerns about slowing revenue growth, after the work management …

Sam Sabin / Axios: Source: ~1,000 people have left the CISA during the second Trump administration, including 750+ taking a buyout, cutting CISA's workforce by nearly a third  —  Roughly 1,000 people have already left the nation's top cybersecurity agency during the second Trump administration …

Lorenzo Franceschi-Bicchierai / TechCrunch: Qualcomm releases patches to fix a series of vulnerabilities in dozens of chips, including three zero-days that “may be under limited, targeted exploitation”  —  Chipmaker giant Qualcomm released patches on Monday fixing a series of vulnerabilities in dozens of chips …

Thomas Brewster / Forbes: The Trump administration announces plans to reorganize the US AI Safety Institute into the new Center for AI Standards and Innovation  —  The Trump administration has announced plans to reorganize the U.S. AI Safety Institute (AISI) into the new Center for AI Standards and Innovation (CAISI).

Kate Payne / Associated Press: A federal judge temporarily blocks Florida from enforcing a law banning social media accounts for children under 14, saying the law is “likely unconstitutional”  —  A federal judge has barred state officials from enforcing a Florida law that would ban social media accounts for young children …

Scharon Harding / Ars Technica: A deep dive into Apple TV's privacy features shows that Apple's streaming device is more private than the vast majority of alternatives, save for dumb TVs  —  Using the Apple TV app or an Apple account means giving Apple more data, though. … Among smart TVs, streaming sticks …

Connie Loizos / TechCrunch: Elad Gil, backer of Perplexity, Character.AI, Airbnb, Coinbase, and Stripe, invested in Enam Co., which aims to transform businesses with AI via PE roll-ups  —  Elad Gil started betting on AI before most of the world took notice.  By the time investors began grasping the implications of ChatGPT …

Mark Gurman / Bloomberg: Sources: Samsung and Perplexity in talks about an investment, preloading Perplexity's app on Samsung devices, adding its search to Samsung's browser, and more  —  The two companies are in talks to preload Perplexity's app and assistant on upcoming Samsung devices and integrate …

Justina Lee / Bloomberg: A profile of prediction market Kalshi, which is using its federal financial license to open up sports gambling across the US, even in states where it is illegal  —  Armed with a federal license and allies in Trumpworld, the tech start-up is pushing prediction markets across America into a legal gray zone: sports betting.

Lucas Shaw / Bloomberg: Sources: UMG, Warner Music, and Sony Music are in talks to license their work to AI music services Udio and Suno and settle copyright infringement lawsuits  —  Music companies would settle lawsuits with startups they accused of copyright infringement  —  Major music companies are in talks …

Alex Harring / CNBC: How Vancouver-based delivery app Fantuan expanded to 50+ US cities since 2019 by focusing on Asian cuisines, with an app design reminiscent of Chinese platforms  —  NEW YORK - When Kelly Wu feels sick and wants a delivery of congee, the Chinese porridge she grew up eating, she opts for a platform many may not have heard of.

Mark Gurman / Bloomberg: A look at Apple's AI plans for WWDC; sources: Apple is testing its 3B, 7B, 33B, 150B AI models via internal Playground tool, and macOS 26 will be named Tahoe  —  Apple, a year after debuting its AI platform, will do little at WWDC to show it's catching up to leaders like OpenAI and Google.

Nitasha Tiku / Washington Post: Researchers say tactics used to make AI more engaging, like making them more agreeable, can drive chatbots to reinforce harmful ideas, like encouraging drug use  —  Tactics used to make AI tools more engaging can drive chatbots to monopolize users' time or reinforce harmful ideas.

Stephen Katte / Cointelegraph: DappRadar: NFT lending market volume is down 97% from a peak of ~$1B in January 2024 to ~$50M in May 2025, with borrower activity down 90% and lenders down 78%  —  Average NFT loan sizes have tanked, which DappRadar's Sara Gherghelas says means users are borrowing against low-value assets or being conservative with leverage.