Jensen Huang says Chinese military is unlikely to use Nvidia's AI chips, citing the risk of the chips being "limited at any time" due to US export restrictions (Ian King/Bloomberg)

Ian King / Bloomberg:
Jensen Huang says Chinese military is unlikely to use Nvidia's AI chips, citing the risk of the chips being “limited at any time” due to US export restrictions  —  Addressing the largest concern Washington has cited in placing increasing restrictions on US technology exports to the Asian nation …

YouTube and Netflix are increasingly locked in a battle over TV in the US; Nielsen: YouTube accounted for 12.5% of all TV viewing time in May and Netflix 7.5% (John Koblin/New York Times)

John Koblin / New York Times:
YouTube and Netflix are increasingly locked in a battle over TV in the US; Nielsen: YouTube accounted for 12.5% of all TV viewing time in May and Netflix 7.5%  —  The two giant video companies have far different strategies, but the same goal: controlling your TV set.

With Tim Cook likely to lead Apple through this decade, a look at Apple's executive succession challenges as many of Cook's direct reports near retirement age (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
With Tim Cook likely to lead Apple through this decade, a look at Apple's executive succession challenges as many of Cook's direct reports near retirement age  —  Also: The company is scaling back the iOS 26 Liquid Glass revamp; a look at upcoming devices; and Meta poaches Apple's top AI models executive.

Portola, which develops the Tolan app featuring AI companions, raised a $20M Series A led by Khosla Ventures; the app has 3M+ downloads and 100K+ paid users (Kurt Schlosser/GeekWire)

Kurt Schlosser / GeekWire:
Portola, which develops the Tolan app featuring AI companions, raised a $20M Series A led by Khosla Ventures; the app has 3M+ downloads and 100K+ paid users  —  GeekWire's startup coverage documents the Pacific Northwest entrepreneurial scene.  Sign up for our weekly startup newsletter …

A look at Xiaomi AI Glasses, launched in China on June 26 with a starting price of ~$278, featuring a 12MP ultra-wide camera and powered by Qualcomm's AR1 chip (Ben Jiang/South China Morning Post)

Ben Jiang / South China Morning Post:
A look at Xiaomi AI Glasses, launched in China on June 26 with a starting price of ~$278, featuring a 12MP ultra-wide camera and powered by Qualcomm's AR1 chip  —  The Xiaomi AI glasses are handy for hands-free photography and videography, which is ideal for situations like cycling

Pump.fun raised $500M via a sale of PUMP tokens, which sold out in 12 minutes; it offered 12.5% of its total token supply at a fully diluted valuation of $4B (Zack Abrams/The Block)

Zack Abrams / The Block:
Pump.fun raised $500M via a sale of PUMP tokens, which sold out in 12 minutes; it offered 12.5% of its total token supply at a fully diluted valuation of $4B  —  - Memecoin launchpad Pump.fun raised $600 million through its public sale of PUMP tokens, which fully sold out in just 12 minutes.