Documents: Meta's planned prediction markets app will use Meta AI models to generate questions from trending topics, make recommendations, and resolve markets (Bobby Allyn/NPR)
Binance says it will make a fresh push for permission to operate in the EU after its MiCA license application in Greece failed ahead of the June 30 deadline (Reuters)
Sources: Miami-based cybersecurity company Varonis is exploring options including a potential sale after receiving takeover interest; VRNS jumps 6%+ (Bloomberg)
The FCC says an auction of wireless mid-band spectrum raised $3.5B+, which will largely be used to fund the replacement of Chinese telecom equipment in the US (David Shepardson/Reuters)
Alibaba sues the DOD, seeking removal from a blacklist of companies supporting China's military, says the decision is a violation of constitutional due process (Bloomberg)
Sources: Meta internally exposed data from its employee-tracking program meant to help train its AI models, including full prompts and private conversations (Wired)
Air Space Intelligence won an $875M, 12-year FAA contract to develop AI tools that map flight trajectories and identify areas of congestion to reduce delays (Allyson Versprille/Bloomberg)
Sakana AI launches Fugu, a multi-agent orchestration system accessible through a single model API, claiming Fugu Ultra matches Fable and Mythos on benchmarks (Carl Franzen/VentureBeat)
Toto, Japan's largest toilet maker, plans to invest $495M by 2030 to expand its semiconductor materials unit, targeting R&D for next-gen 1nm chip production (Nikkei Asia)
As Europe falls behind the US and China in consumer AI, its engineering companies and AI startups are turning to industrial AI applications to boost efficiency (Marilen Martin/Bloomberg)
SF-based Humble Robotics, which is developing an electric, self-driving cabless freight truck with 200 miles range and 55 mph max speed, raised $24M (Caroline Petrow-Cohen/Los Angeles Times)
Sources: Virgin Media O2 and VodafoneThree have deployed tech to disable phones stolen from their stores, after phone makers resisted broader antitheft measures (Kieran Smith/Financial Times)
A look at Jane Street's push to supercharge trading with AI and become a major AI investor; it invested $1B in CoreWeave in April and has a stake in Anthropic (Gregory Zuckerman/Wall Street Journal)
A look at "humanizer" and "autotyper" apps that help students evade AI-detection software by slowly auto-typing essays and making AI text sound less robotic (Dana Goldstein/New York Times)
A speculative scenario titled "Europe 2031" projects economic and political instability in the EU if it fails to keep pace with the US and China in the AI race (Aisha Down/The Guardian)