Meta's standalone Meta AI app, launched in April 2025, offers an uneven experience, often hallucinating facts and failing to provide personalized responses (Bloomberg)

Bloomberg:
Meta's standalone Meta AI app, launched in April 2025, offers an uneven experience, often hallucinating facts and failing to provide personalized responses  —  The Meta AI app offers an uneven experience, posing a sharp contrast to Mark Zuckerberg's lofty artificial intelligence ambitions.

An interview with Sam Altman on spending billions on AI infrastructure, wanting Chrome if it's really selling, AI models saturating the chat use case, and more (Ina Fried/Axios)

Ina Fried / Axios:
An interview with Sam Altman on spending billions on AI infrastructure, wanting Chrome if it's really selling, AI models saturating the chat use case, and more  —  OpenAI CEO Sam Altman is still talking like the future belongs to him, a week after the rollout of the company's latest model raised …

Adyen reports H1 2025 net revenue up 20% YoY to €1.09B, vs. €1.11B est., processed volume up 5% YoY to €649B, and EBITDA up 28% YoY to €543.7M; ADYEN falls 17%+ (Sarah Jacob/Bloomberg)

Sarah Jacob / Bloomberg:
Adyen reports H1 2025 net revenue up 20% YoY to €1.09B, vs. €1.11B est., processed volume up 5% YoY to €649B, and EBITDA up 28% YoY to €543.7M; ADYEN falls 17%+  —  Adyen NV shares sank as much as 20% after the payments processing company walked back its projections for faster revenue growth this year.

GPT-5's router directs queries based on complexity and intent, helping OpenAI allocate compute across low-value informational and high-value commercial requests (SemiAnalysis)

SemiAnalysis:
GPT-5's router directs queries based on complexity and intent, helping OpenAI allocate compute across low-value informational and high-value commercial requests  —  How ChatGPT will monetize free users, Router is the Release, AIs will serve Ads, Google's moat eroded?, The shift of purchasing intent queries

Sources: the US secretly embedded location trackers in select AI chip and server shipments, including Dell and Super Micro, to detect illegal China diversions (Reuters)

Reuters:
Sources: the US secretly embedded location trackers in select AI chip and server shipments, including Dell and Super Micro, to detect illegal China diversions  —  U.S. authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk …

Epic says it is bringing Fortnite back to iOS in Australia "at a date to be determined", after a judge ruled Apple and Google's app stores are anticompetitive (The Verge)

The Verge:
Epic says it is bringing Fortnite back to iOS in Australia “at a date to be determined”, after a judge ruled Apple and Google's app stores are anticompetitive  —  Apple and Google's losses in Australian antitrust cases could be a win for Epic Games.

An Australian federal judge rules Apple and Google engaged in anti-competitive conduct by misusing app store market power, but rejects some of Epic's claims (ABC)

ABC:
An Australian federal judge rules Apple and Google engaged in anti-competitive conduct by misusing app store market power, but rejects some of Epic's claims  —  By national consumer affairs reporter Michael Atkin and the Specialist Reporting Team's Melanie Vujkovic

Trade experts: Nvidia and AMD's deal to export AI chips to China and pay the US 15% of revenue is "unprecedented" and a sign of "a new and dangerous world" (Bloomberg)

Bloomberg:
Trade experts: Nvidia and AMD's deal to export AI chips to China and pay the US 15% of revenue is “unprecedented” and a sign of “a new and dangerous world”  —  Even in an administration that has repeatedly pushed the legal limits of using economic statecraft to reshape …

UK retailer M&S resumes click and collect services after a cyberattack on April 22, set to cost it ~£300M; M&S restarted online delivery orders on June 10 (James Davey/Reuters)

James Davey / Reuters:
UK retailer M&S resumes click and collect services after a cyberattack on April 22, set to cost it ~£300M; M&S restarted online delivery orders on June 10  —  British retailer Marks & Spencer (MKS.L) has resumed taking click and collect orders for clothing after a nearly four …

Sources: Apple is testing upgraded App Intents with Uber, Temu, Amazon, YouTube, WhatsApp, and other apps to transform Siri into a true voice-first interface (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sources: Apple is testing upgraded App Intents with Uber, Temu, Amazon, YouTube, WhatsApp, and other apps to transform Siri into a true voice-first interface  —  Apple's upcoming voice-control feature for the new Siri could be an under-the-radar hit — if it works.

Investors are increasingly divesting from companies they fear are at risk of AI disruption, like Wix and Shutterstock, which are down at least 30% in 2025 (Bloomberg)

Bloomberg:
Investors are increasingly divesting from companies they fear are at risk of AI disruption, like Wix and Shutterstock, which are down at least 30% in 2025  —  Artificial intelligence's imprint on US financial markets is unmistakable.  Nvidia Corp. is the most valuable company in the world at nearly $4.5 trillion.

Q&A with OpenAI COO Brad Lightcap on GPT-5, its dynamic reasoning, defining AGI, scaling vs. post-training, hallucinations, enterprise adoption, and more (Alex Kantrowitz/Big Technology)

Alex Kantrowitz / Big Technology:
Q&A with OpenAI COO Brad Lightcap on GPT-5, its dynamic reasoning, defining AGI, scaling vs. post-training, hallucinations, enterprise adoption, and more  —  A conversation about what OpenAI's long-anticipated flagship model tells us about different forms intelligence and AI's trajectory from here.

US nuclear, geothermal, and energy storage companies have found a lifeline in the AI data center boom after years of challenges such as high interest rates (Bloomberg)

Bloomberg:
US nuclear, geothermal, and energy storage companies have found a lifeline in the AI data center boom after years of challenges such as high interest rates  —  Long-unloved nuclear and geothermal are experiencing a boom in interest as data center developers seek carbon-free resources capable …

Advocates for net neutrality say they won't appeal a ruling against the policy, saying they don't trust the US Supreme Court to rule fairly on the issue (Jon Brodkin/Ars Technica)

Jon Brodkin / Ars Technica:
Advocates for net neutrality say they won't appeal a ruling against the policy, saying they don't trust the US Supreme Court to rule fairly on the issue  —  Advocacy groups that tried to defend federal net neutrality rules in court won't file an appeal, saying they don't trust the Supreme Court to rule fairly on the issue.

Despite stablecoins reaching $5T in transaction volumes in 2025, their promise of cheaper cross-border payments is hampered by persistent foreign exchange costs (Sidhartha Shukla/Bloomberg)

Sidhartha Shukla / Bloomberg:
Despite stablecoins reaching $5T in transaction volumes in 2025, their promise of cheaper cross-border payments is hampered by persistent foreign exchange costs  —  Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging payments tool.