Sequoia is just one of the top firms that sells same equity at two different prices.

Zack Whittaker / TechCrunch: Microsoft disabled 70+ of its repos on GitHub, including Azure-related tools like azure-functions-host, after hackers added credential-stealing malware to them  —  Microsoft has cut off access to dozens of its open source projects hosted on GitHub as it investigates how hackers apparently breached …

Kif Leswing / CNBC: Google and Nvidia are helping Apple with Apple Foundation Model Cloud Pro, which Apple says is comparable to Gemini frontier models and runs on Nvidia GPUs  —  - Apple showed off Siri AI demos at its annual WWDC keynote in Cupertino, Calif. … Apple on Monday revealed what it's been working …

Deploy ML models on streaming data — processing only the rows that change

Explore our ambitious, people-first industrial policy ideas for the AI era—focused on expanding opportunity, sharing prosperity, and building resilient institutions as advanced intelligence evolves.

<p>Given how badly burned anyone who took Apple's <a href="https://simonwillison.net/2024/Jun/10/apple-intelligence/">2024 WWDC Apple Intelligence announcements</a> at face value was, I'm holding to a strict "I'll believe it when I see it" policy for everything <a href="https://www.apple.com/newsroom/2026/06/apple-unveils-next-generation-of-apple-intelligence-siri-ai-and-more/">they announced today</a>. </p> <p>The new Siri AI features do at least look feasible with today's technology, especially since Apple are licensing a custom Gemini-derived model that they can run on their own <a href="https://simonwillison.net/2024/Jun/11/private-cloud-compute/">Private Cloud Compute</a>.</p> <p>It sounds like they'll be taking advantage of vision LLMs to extract information from the user's screen, which neatly sidesteps the need for every existing application to ship custom code in order to integrate with Apple Intelligence. Vision LLMs were a much less mature category in June 2024.</p> <p>The new Core AI library looks like a good step in enabling developers to finally take full advantage of Apple's hardware for running their own models. It integrates with Meta's open source PyTorch ecosystem, using these <a href="https://apple.github.io/coreai-torch/main/">Core AI PyTorch extensions</a>:</p> <blockquote> <p>Core AI PyTorch Extensions (<code>coreai-torch</code>) is a Python package that bridges PyTorch and Core AI. You can use it to bring up an existing PyTorch model — exported as a <code>torch.export.ExportedProgram</code> — into a Core AI <code>AIProgram</code> ready to run on Apple hardware, traversing the FX graph node-by-node and mapping ATen operators to Core AI operations.</p> </blockquote> <p>You can install an iOS 27 Developer Beta today, which supposedly has the new features - but you then have to make it through a waiting list for access to the new Siri AI. Aaron Perris from MacRumors reports having <a href="https://twitter.com/aaronp613/status/2064078063814471977">made it off the waitlist</a> so we may start seeing credible reports on how well Siri AI works in the very near future.</p> <p><strong>Update</strong>: These Private Cloud Compute Gemini models are running in Google Cloud, and using NVIDIA hardware. According to <a href="https://security.apple.com/blog/expanding-pcc/?linkId=100000425571569">Expanding Private Cloud Compute</a> on Apple's Security Research blog:</p> <blockquote> <p>For the most demanding tasks, including agentic tool-use and complex reasoning, we worked with Google and NVIDIA to extend our PCC infrastructure to Google Cloud systems using NVIDIA GPUs, while maintaining Apple's powerful security and privacy protections. [...]</p> <p>PCC on Google Cloud leverages many of the same architectural security patterns as PCC on Apple silicon to implement these layered protections: initial network data parsing for each request happens in a dedicated process within its own namespace, shared inference software is recycled with a short time-to-live duration, and attested keys are held in a separate, dedicated confidential VM isolated from external inputs. [...]</p> <p>As with PCC on Apple silicon, all binaries will be published for public inspection.</p> </blockquote> <p>Tags: <a href="https://simonwillison.net/tags/vision-llms">vision-llms</a>, <a href="https://simonwillison.net/tags/apple">apple</a>, <a href="https://simonwillison.net/tags/generative-ai">generative-ai</a>, <a href="https://simonwillison.net/tags/ai">ai</a>, <a href="https://simonwillison.net/tags/llms">llms</a>, <a href="https://simonwillison.net/tags/gemini">gemini</a>, <a href="https://simonwillison.net/tags/nvidia">nvidia</a>, <a href="https://simonwillison.net/tags/google">google</a></p>

Starbucks is aiming to capitalize on social media trends and demand from younger consumers. Starbucks Starbucks is expanding its Refresher line, a $2 billion platform, to attract afternoon customers. New blended Refreshers capitalize on social media trends and demand from younger consumers. Gen Z and millennials see cold drinks as expressive and social, fueling demand across the industry. Starbucks isn't just launching another drink. With its latest Refreshers debut, announced Monday, the coffee giant is expanding one of its fastest-growing businesses as it races to win customers long after the morning coffee rush ends. Beginning July 14, Starbucks customers will be able to order any Refresher drink blended, the latest move in the company's effort to expand what executives describe as a $2 billion beverage platform. The launch follows April's rollout of customizable Energy Refreshers, which Starbucks executives said recently exceeded expectations and helped drive new customer occasions. Refreshers, which are iced juice and tea drinks often mixed with fruit pieces, have become one of Starbucks' biggest beverage businesses since launching in 2012, helping drive traffic later in the day as the company looks to expand beyond its traditional morning coffee roots. "The success of Refreshers reflects an evolution in how customers are engaging with Starbucks, with a growing preference for cold, customizable beverages alongside our core coffee offerings," Dana Pellicano, Starbucks' senior vice president of global product experience, told Business Insider. Starbucks said Refreshers are helping drive growth in afternoon visits, an area the company has increasingly focused on as it seeks new sources of traffic. It sees customization as a key reason for the platform's success. The strategy reflects a broader shift underway across the restaurant industry, as chains compete not only with each other but also with energy drinks, functional beverages, and social-media-fueled drink trends for younger consumers' attention and spending. "Since Refreshers first launched in 2012, we've seen increased interest in drinks that are flavor-forward, visually compelling, and easy to personalize," Pellicano added. "Chains are no longer just competing with each other for coffee occasions," Noah Pozin, a food, agribusiness, and beverage industry consultant at Truist, told Business Insider. "They are competing with energy drink brands, bottled teas, functional waters, and customized soda concepts for the broader 'cold, caffeinated, customizable treat' occasion." Chasing younger tastes Dutch Bros has expanded its energy-drink offerings, which executives say now account for about 25% of its business. Customized soda chains have also surged in popularity, and restaurant brands from McDonald's to Taco Bell are investing heavily in cold beverages. Analysts at JPMorgan and KeyBanc have pointed to a growing pipeline of innovation from both Starbucks and Dutch Bros as chains race to capture demand for customizable, functional drinks. Part of what's driving that demand is a shift in how younger consumers think about beverages. "Gen Z and millennials treat beverages more like personal expression, social content, functional fuel, and affordable indulgence," Pozin said. Starbucks competitor Dutch Bros says customized energy drinks, such as its Myst Energy Refreshers, now account for roughly 25% of its business. Illustration by Mario Tama/Getty Images As younger consumers navigate persistent inflation, housing affordability challenges, and broader economic uncertainty, beverages have become a relatively accessible luxury, he said. Consumers are increasingly looking for opportunities to experiment, customize, and discover new products without making a major purchase. That trend has made beverages especially attractive to restaurant operators. Drinks typically carry higher margins than many food offerings and can help drive customer frequency throughout the day, making them an increasingly important growth engine for chains seeking new revenue streams. Social media has only accelerated the trend. "One of the biggest insights for us has been just how creative customers are with Refreshers," Pellicano said. "From early on, we saw customers take the core beverages and make them their own — whether that was swapping in coconut milk, which led to the creation of the Pink Drink, or layering in new flavors, textures, and colors." "What started as customization quickly became culture," she added. Pellicano said social media has become a "real-time feedback loop and source of inspiration" for Starbucks, helping the company spot emerging drink trends and scale them more quickly. With blended Refreshers arriving this summer — and additional innovations already in the pipeline — Starbucks is signaling that its future growth won't come solely from coffee. Read the original article on Business Insider

Lucinda Shen / Axios: Infinity Constellation, which builds AI tools and software businesses for the professional services market, raised a $24M Series A; it previously raised $17M  —  Infinity Constellation, a startup aiming to build AI tools and software businesses for the professional services market …

Tools for Humanity, Sam Altman's identity verification company, is reportedly struggling to generate revenue and will downsize its staff.

The vibe of Apple's 2026 WWDC keynote felt like a spouse proudly listing all the honey-do-list items tackled. One subtle example: the many AI demos of someone standing, phone in hand.

Sam Altman and OpenAI's chief scientist shared their plans for the "third phase" of the company. Kyle Grillot/Bloomberg via Getty Images OpenAI CEO Sam Altman and its chief scientist say the company is entering its third phase. They said in a blog post that OpenAI is focusing on AI abundance, accessibility, and safety. The plan was published the same day OpenAI announced it had confidentially filed for an IPO. Three and a half years since OpenAI ushered artificial intelligence into the mainstream with the release of ChatGPT, its CEO and cofounder says the company is entering its third phase — making AI abundant, accessible, and safe. Sam Altman and Jakub Pachocki, OpenAI's chief scientist, published a blog post on Monday outlining their plan for the company. They said the first phase of OpenAI was about research toward artificial general intelligence, while the second was about offering their products to the world and learning how people actually use them. "Now we are entering the third phase," Altman and Pachocki wrote. "The economy is beginning to reshape around AI. The central question now is how to make advanced AI abundant, affordable, safe, useful, and easy enough for every person and organization to benefit from it. Frontier capability is only part of the job. The bigger task is turning that capability into tools people can actually use to thrive." They said OpenAI has three main goals: to build an automated AI researcher, to accelerate the economy, and to give everyone on Earth a personal AGI. "Powerful systems must remain safe, aligned with human intent, and subject to human control," they wrote, adding, "Entirely automating everything is not the future we want. It would be unfulfilling, and it would be dangerous. AI should help people pursue their goals, not become untethered from them." They also said national and global coordination was needed and reiterated their call for an international organization that would work on reducing risks posed by AI and could slow down the development of frontier models if needed. "A good AI future cannot be one where a small number of institutions control most of the capability and most of the upside. It should be a future where many people, companies, communities, and countries can build, benefit, and hold power," Altman and Pachocki said. The plan came the same day OpenAI announced it had confidentially filed for an initial public offering, though the company said it "may be a while" before its stock actually hits the market. The blog post was also reminiscent of one from another leading AI company eyeing an IPO. Researchers at Anthropic said in a post last week that AI is advancing so quickly that leading frontier labs may need to slow down. "We believe it would be good for the world to have the option to slow or temporarily pause frontier AI development to enable societal structures and alignment research to keep up with the advance of the technology," the post said. Read the full blog post from OpenAI here. Read the original article on Business Insider

Apple announced it will continue supporting the iPhone 11, which went on sale in 2019, when it releases iOS 27. Carsten Koall/Getty Images Apple said it will bring a major efficiency feature to older iPhones. Models as old as the iPhone 11 will receive an update later this year with iOS 27 to better manage CPU use. Apple said the changes "will make older iPhones feel even more responsive." Apple wants older iPhones to run better. That's why on Monday, Apple announced that one of its major efficiency improvements will be coming to iPhones as old as the iPhone 11 lineup. When iOS 27 arrives this fall, older iPhones will have access to an advanced CPU scheduler, a system already available on newer models that helps manage a phone's workload. Stacey Ford, Apple's vice president of OS program management, said the addition "will make older iPhones feel even more responsive." "Even when you're doing a ton of things at once requiring a whole lot of compute, the CPU scheduler ensures the right work is executed at precisely the right time," Ford said. As part of the news, Apple also confirmed that the forthcoming iOS 27 will be available on the iPhone 11, which was first released in September 2019. "This continues our industry-leading support and means iOS 27 is available to more users than any iOS release ever," Ford said. A number of Apple-focused accounts on social media celebrated the news while also lamenting that many owners of older Apple Watch models would be left out for watchOS 27, such as the Apple Watch Series 9, first sold in 2023. Google's Pixel 4 and 4 XL, and Samsung's Galaxy S10, as noted by Android Authority, both released around the same time as the iPhone 11, received just 3 years of platform updates. With Monday's news, the iPhone 11 is set to receive seven years of major updates. That doesn't mean older iPhones will get all the bells and whistles of the new iOS, especially the revamped Siri, which finally brings more robust AI-enabled features to Apple's virtual assistant. Apple said that to access those improvements, customers will need an iPhone 15 Pro or Pro Max, or an iPhone 16 or later. And to take advantage of the most advanced Apple Intelligence features, including a new Siri voice experience, an iPhone Air, iPhone 17 Pro, or later models will be required. Read the original article on Business Insider

Tim Cook gave his final WWDC opening speech as Apple's CEO on Monday. WWDC Apple previewed new software for the iPhone, Mac, iPad, Apple Watch, and Vision Pro at WWDC 2026. The star of the show was the new AI-powered Siri chatbot, part of Apple's new Apple Intelligence features. The keynote marked Tim Cook's final WWDC as Apple CEO. Apple's AI era is taking shape. On Monday, the iPhone maker held its Worldwide Developers Conference — the annual event that offers developers, customers, and investors a road map for the company's future product vision. This year's conference previewed software coming next to the iPhone, Mac, iPad, Apple Watch, and Vision Pro. The keynote also carried extra weight as Tim Cook's final time hosting WWDC as CEO. Here are the biggest takeaways from Apple's presentation. Everything is AI, AI, AI Apple highlighted AI dozens of times during the event. Apple If there was one phrase the company wanted people to remember from WWDC 2026, it was Apple Intelligence, its very Apple-y branding for its suite of AI features. Apple said its new AI software, which has undergone a broad overhaul, is being threaded through every product — including its phone-based digital assistant Siri and the Vision Pro wearable. Siri, in particular, is getting an AI glow-up (more on that below). Safari will be able to organize tabs by topic, monitor webpages for updates, and create custom extensions from a natural-language prompt. Messages, Mail, Calendar, Phone, Home, and Shortcuts are all getting new AI-powered features that will help users do tasks faster. "We believe that truly helpful AI must be centered around you and your needs," Apple's senior vice president of software engineering, Craig Federighi, said. Own an older iPhone? Good news… Apple said its latest update will serve mobile phones ranging back to the iPhone 11. Bloomberg/Getty Images Apple says iOS 27 is designed to make some aging devices feel more responsive. Stacey Ford, Apple's vice president of operating systems program management, said the company is bringing an optimized CPU scheduler to older mobile devices, going all the way back to the iPhone 11. The system helps manage how the phone allocates computing power as users juggle different tasks throughout the day. Ford said the software update's inclusion of older phones makes it "available to more users than any iOS update, ever." Siri gets the chatbot treatment — and its own app Siri is getting an AI boost, Apple said. Apple Siri is getting a much-needed makeover — and it's largely powered by AI. "We know there are times when you expect more from Siri," Mike Rockwell, Apple's VP of Siri engineering, said. "Siri is now a profoundly more capable assistant that helps you find what you need and gets more done." Siri's software will make the assistant more conversational and better able to handle multi-step requests, even in third-party apps. The new AI-enhanced Siri can answer follow-up questions, pull from personal context located on the device, understand what's on your active screen, and take actions across apps — like finding photos from a trip and adding them to a shared album. Apple is also giving Siri AI its own app, where users can revisit past conversations across devices. Apple leans further into altering your photos with AI Apple said it's using AI to help edit a user's photos. Apple Apple wants to be an iPhone user's photographic editor. The photo app has three new tools to help. Photos is getting an upgraded Clean Up tool, which removes distractions even in busy images; Extend, which can generate more images around the original frame; and Spatial Reframing, which lets users shift the perspective as if they had moved the camera before taking the shot. Apple says the tools are meant to improve composition, not rewrite reality. "At Apple, we have a deep respect for the craft of photography," Alok Deshpande, Apple's director of photo and camera software engineering, said. "Our goal for bringing AI into the Photos app is to help photographers enhance their images in ways that respect the original moment." Sorry, Apple fans in China and the European Union — you'l have to wait Apple said that Chinese and European iPhone users won't be able to access the new software initially. Cheng Xin/Getty Images After laying out all the benefits of Siri AI, Federighi shared the catch: users in the EU and China will find their access restricted. Apple cited the Digital Markets Act for the restriction, and said that it had spent "several months" proposing solutions that EU regulators have rejected. Users in the EU will be able to use Siri AI on their Macs, but not on their phones or watches. "We're working hard to find a path forward that preserves our users' privacy and security," Federighi said. After riding high for much of WWDC, Apple's stock sank following the announcement. Parents: Your oversight powers are leveling up Apple said its parental controls will let guardians approve or decline a child's app downloads. Apple Apple is expanding its protections for child accounts, introducing restrictions on how long your child can use their device and what they can see. Parents can now instruct their child to request website access before browsing, or to request to text someone before messaging. They can also set time allowances for apps and restrict access during certain times of day, such as school hours. For those wanting an immediate shutdown, parents now have a "pause device" button. "For those under the age of 13, access to personal devices should be limited and expanded when a child is ready," said Sumbul Ahmad Desai, Apple's VP of Health. "As parents, we want our kids to develop healthy digital habits." Hate Apple's Liquid Glass design theme? There's now a slider for that Apple is introducing new updates to its liquid glass design. Users can now toggle the opacity. Apple Last year's WWDC brought a new "Liquid Glass" interface to Apple's screens. Not everyone loved it. After rolling out the glossy design language last year, Apple said it is making tweaks to improve readability and make apps feel more structured. While the company isn't letting users fully get rid of the fresh look, a new settings slider lets users adjust Liquid Glass from ultra clear to fully tinted. Tim Cook reflected on his final WWDC as CEO CEO Tim Cook, who is stepping down in September, expressed gratitude during Monday's WWDC. Justin Sullivan/Getty Images This is Cook's final WWDC as Apple's top boss. He'll make way for John Ternus to take over as Apple's CEO in September. Cook ended the conference with a "personal note" about his career at the company. "Some of the greatest highlights of my time as CEO have been events like this," he said. "I truly believe that the best is still ahead." Cook said that his work at Apple has been the "honor of a lifetime." Read the original article on Business Insider

Richard Nieva / Forbes: Source: Cursor, which is prepping for an expected acquisition by SpaceX, passed $4B in annualized revenue in the last week, up from $3B in April and $2B in Feb.  —  Elon Musk's rocket and AI company is expected to acquire the buzzy AI coding startup shortly after it goes public.

Mystery of GPS interference across Europe raises questions about Russian motives.

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The ChatGPT-maker announced it has filed paperwork to go public, just a week after rival Anthropic took the same step.

OpenAI CEO Sam Altman. Chip Somodevilla/Getty Images OpenAI announced it has filed its confidential S-1 to go public. The draft brings Sam Altman's company a step closer to a huge IPO and the public markets. OpenAI's post said the company has not yet decided on the timing of the IPO. OpenAI has filed its confidential S-1, the first official step toward a blockbuster IPO. The ChatGPT developer announced the filing on Monday in a short, blunt blog post. The confidential S-1 draft gives the U.S. Securities and Exchange Commission time to review OpenAI's plans for an eventual public listing — though the post made it sound like that could be a ways out. "We expect it to leak so we're just announcing it," OpenAI's post said. "We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company." It continued: "But it's a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best." OpenAI's confidential S-1 announcement arrives exactly a week after Anthropic's filing, part of a long-running rivalry between the two frontier AI labs. Each of the IPOs is expected to value its company at more than $1 trillion, 10 times Facebook's valuation at its landmark 2012 public listing. OpenAI's last funding round in March valued the company at $852 billion. Anthropic's last round, raised in May, placed its valuation at $965 billion. Sam Altman, OpenAI's CEO, downplayed the idea that the rivals are racing to IPO first after Anthropic's filing on June 1. "I think there is a race to deliver the best technology and build the best business," Altman said on CNBC. "But, you know, going public is a financing event, and I don't think that's one that we're focused on the timing of. We'll do it when we think it makes sense." Confidential S-1 documents typically arrive about 6 to 9 months before a company goes public, though the timeline varies. An OpenAI IPO would cap off one of the most frenzied eras in tech history. Since the company released ChatGPT in 2022, trillions of dollars of investment have poured into AI-focused software and physical infrastructure. Altman is now one of America's most famous businessmen, the face of a powerful but divisive technology. An IPO would bring liquidity to employees and raise billions of dollars in funding for OpenAI's compute buildout, but it would also entail risks. The company would have to publicly disclose its revenue, expenses, and profits for the first time and, after the listing, face the day-to-day whims of the stock market. Further complicating OpenAI's IPO, the company is in discussions with the Trump Administration about the government taking a stake in the company. OpenAI did not immediately respond to Business Insider's request for comment. Have a tip? Contact this reporter via email at scouncil@insider.com, or over text, Signal, Telegram, or WhatsApp at 415-757-8198. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely. Read the original article on Business Insider