Meta’s AI app is turning private chats—some bizarre, some criminal—into public posts without clear warnings. From tax questions to rashes and personal data, users are unknowingly airing everything. It’s quickly becoming a privacy disaster, and Meta’s silence isn’t helping. With just 6.5M downloads, it’s more viral mess than innovation.
Spain’s Multiverse Computing just raised €189M to scale “CompactifAI,” a tool that slims down open-source AI models by up to 95%. These faster, cheaper models can even run on Raspberry Pi. Backed by firms like HP and Toshiba, Multiverse now eyes global expansion.
1. Tesla’s Robotaxi Rolls Out Public Testing in Austin
Elon Musk confirms that Tesla’s robotaxi service will begin public rides on June 22, with home deliveries starting June 28. The initial fleet of 10 will soon scale to 1,000. 🔗 Read more
2. Sam Altman: “Novel Insights” from AI by 2026
In a new TechCrunch essay, the OpenAI CEO predicts that next-gen AI models will generate truly original ideas—not just text responses. 🔗 Read more
3. Browser Firm Unveils AI-First ‘Dia’ in Beta
The Browser Company has launched Dia, a next-gen AI-powered browser currently in beta—marking a potential shift in browsing experiences. 🔗 Read more
4. Meta to Spend $15B on Scale AI Stake, Sparks Regulation Talk
Axios reports Meta is planning a $14.8B investment for a ~49% share in Scale AI, prompting U.S. antitrust scrutiny over Big Tech’s AI moves. 🔗 Read more
5. Apple Delays Siri AI Overhaul Until 2026
Apple execs admit the revamped Siri failed to meet standards at WWDC. The AI-powered assistant has been postponed to 2026 to ensure quality. 🔗 Read more
6. WWDC Introduces ‘Liquid Glass’ Design Across iOS 26 Ecosystem
At WWDC, Apple unveiled Liquid Glass—a sleek, transparent UI for iOS26, iPadOS26, macOS26, visionOS26 and more, alongside multitasking and spacial widget enhancements. 🔗 Read more
7. Omada Health Goes Public, Adopts ‘Human-First’ AI Approach
After its IPO at a $1.1B valuation, Omada Health emphasizes AI as a supportive tool in chronic care—eschewing full AI automation in favor of clinical accountability. 🔗 Read more
8. Nvidia Partners with Mistral on Quantum-Ready Cloud
Nvidia CEO Jensen Huang reveals a new cloud initiative alongside Mistral, aiming to support high-performance and quantum workloads. 🔗 Read more
9. Paradromics Trials Human Brain-Computer Implant
Paradromics has implanted its Connexus device in a human patient, marking a key milestone in non-Neuralink brain-computer interface development. 🔗 Read more
10. Nintendo Switch 2 Sets Sales Record
The Verge reports 3.5 million units sold in four days, becoming Nintendo’s fastest-selling console ever. 🔗 Read more
Fintech unicorn CRED raised $72 million from investors like GIC’s Lathe Investment ($41M), RTP Global ($8.75M), Sofina Ventures ($3M), and Kunal Shah’s QED Innovation Labs ($19M). Valued at $3.64 billion, down 43% from $6.4 billion, CRED aims for FY26 profitability despite a 22% higher FY24 net loss of Rs 1,644 crore, with revenue up 66% to Rs 2,473 crore.
Byju’s, once India’s edtech giant, sold US acquisitions Epic for $95 million to TAL Education and Tynker for $2.2 million to CodeHS, far below their $500 million and $200 million purchase prices. Approved by a US bankruptcy court, these sales reflect Byju’s efforts to navigate lender disputes, mismanagement claims, and delayed financial reporting.
French AI startup Mistral, backed by Microsoft, launched its first reasoning model, Magistral, at London Tech Week 2025. Excelling in math and coding, it uniquely reasons in European languages, rivaling OpenAI’s o1 and DeepSeek’s R1. CEO Arthur Mensch says it’s a step toward multilingual AI, with plans to expand language support.
OpenAI Reaches $10 Billion in Annual Revenue with ChatGPT Surge OpenAI has achieved $10 billion in annual recurring revenue, nearly doubling last year’s $5.5 billion, driven by ChatGPT’s consumer and business products plus its API. Despite a $5 billion loss, the company eyes $125 billion by 2029. Boasting 500 million weekly active users, OpenAI’s $40 billion funding round underscores its immense potential for expansion.
At WWDC 2025, Apple introduced iOS 26, showcasing a captivating Liquid Glass design with transparent, shimmering effects. A new naming scheme uses the year for iOS, macOS, and more. A dedicated Games app, AI-powered features, and updates to CarPlay, AirPods, and Apple Wallet enhance user experiences, while visionOS and watchOS get sleek redesigns.
Lenskart is finalizing a deal to acquire a majority stake in GeoIQ, a geospatial data startup it previously backed. Valued at $15–20 million, the move comes ahead of Lenskart’s $1B IPO. GeoIQ, known for its location-based consumer insights, already serves top brands like Zepto, Swiggy, and HUL. Most early investors are expected to exit.
Andhra Pradesh has teamed up with Nvidia to launch an AI university in Amaravati, aiming to train 10,000 engineering students and support 500 AI startups over two years. The MoU, signed by IT Minister Nara Lokesh, includes AI curriculum development, faculty training, computing infrastructure, and startup aid via Nvidia Inception. This move aligns with India’s broader AI education push—like IIT Madras offering free AI courses on SWAYAM and Symbiosis launching AI-focused degrees from July 2025.