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Meta, like SpaceX, looks to turn excess AI compute into cash

Meta, like SpaceX, looks to turn excess AI compute into cash

by News Feed Editor | Jul 1, 2026 | Technology

Meta has spent billions of dollars developing AI and building out data centers to support it. But now, the company may be preparing to put those data centers to a more immediately profitable purpose. On Wednesday, Bloomberg reported that Meta is developing plans for a...
The “Father of the Internet” is finally retiring

The “Father of the Internet” is finally retiring

by News Feed Editor | Jun 30, 2026 | Technology

Vinton Cerf will step down from his role as Google’s chief internet evangelist next week, marking the conclusion of one of the most influential careers in technology history. While speaking via video feed at the Open Frontier conference hosted by the Laude Institute,...
Trump drops restrictions on Anthropic’s Mythos and Fable models

Trump drops restrictions on Anthropic’s Mythos and Fable models

by News Feed Editor | Jun 30, 2026 | Technology

The US has lifted a requirement that Anthropic obtain a license before exporting its Mythos and Fable models abroad, a requirement that effectively cut off public access to what are widely considered the most advanced AI models released to date. The AI lab said it...
Wayve launches M employee tender offer at .5B valuation

Wayve launches $85M employee tender offer at $8.5B valuation

by News Feed Editor | Jun 30, 2026 | Technology

Wayve, a UK-based self-driving tech startup, is allowing its employees to sell a portion of their vested equity.  The $85 million tender offer — essentially a structured opportunity for employees to sell shares back to investors — is being led by the company’s...
Startup Battlefield Australia application closes in days: Apply before July 6

Startup Battlefield Australia application closes in days: Apply before July 6

by News Feed Editor | Jun 30, 2026 | Technology

What if one pitch changed everything? The last time TechCrunch brought Startup Battlefield to Sydney, two little-known startups stepped onto the stage. What happened next led to more than $85 million raised. If you want your shot, applications close in just a few days...

Morgan Stanley cut its riskiest reconciliation job in half — by making its agents less autonomous

by News Feed Editor | Jun 30, 2026 | Technology

Most enterprise AI deployments so far have focused on coding assistants and customer service bots. Morgan Stanley has deployed agents in one of banking’s most accuracy-critical, deadline-driven workflows instead — profit and loss (P&L) reconciliation — and...
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