Wednesday, June 10, 2026 · 10 stories
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The European Commission ordered Meta to give rival AI chatbots free access to WhatsApp as an interim measure while investigating antitrust violations. The order follows complaints from three AI developers and will last until June 2029 or the investigation's end. EU antitrust chief Teresa Ribera said Meta's access fees were unsustainably high.
Zoho unveiled Nathu La, an in-house server platform built with Intel Xeon 6 processors. It promises 20-30% lower total cost of ownership and 12-18% lower power consumption, reducing AI inference costs. Developed over five years, it strengthens technology sovereignty and cuts foreign licensing dependencies.
Cathie Wood trimmed her AMD stake while buying Nvidia shares. AMD remains her fifth-largest position despite the stock quadrupling over the past year. The company has locked in two GPU partnerships worth an estimated $100 billion each, and Anthropic is believed to use its next-generation chips.
The New York State Department of Financial Services proposed a regulation to align its stablecoin framework with the federal GENIUS Act. The rule adds provisions from the U.S. Treasury Department's requirements for state certification, including limits on reserves held at any single custodian. Acting Superintendent Kaitlin Asrow said the proposal ensures full alignment with federal requirements while maintaining consumer protections.
Google has committed $920 million per month to a deal with SpaceX for AI-related services. The agreement represents a significant financial commitment from the tech giant to leverage SpaceX's infrastructure for artificial intelligence operations.
The European Union proposed banning transactions on 11 crypto platforms as part of its 21st sanctions package against Russia. Kaja Kallas said the measures target crypto firms accused of helping Moscow circumvent restrictions. The proposal also bans 31 additional Russian banks and 20 third-country entities.
The Samsung Galaxy A27 is rumored to start at €349 for 6GB RAM and 128GB storage, and €439 for 8GB RAM and 256GB storage. This represents a €50 increase for the base model and a €70 increase for the top-end variant over the Galaxy A26. The phone is expected to feature a 6.
Alta Ares raised €50 million in funding. The company is developing AI-powered air defense systems. The investment will support further development and deployment of its technology.
Meta Platforms is partnering with Reliance Industries to build its first AI data center in India. Reliance will construct a 168-megawatt facility in Jamnagar, which Meta will lease. The project has an option to expand over time.
Mitsubishi UFJ, Sumitomo Mitsui and Mizuho will jointly issue a stablecoin by March 2027. The banks will form a council to explore operational frameworks and prepare for issuance. A trust bank will act as trustee. The Financial Services Agency signaled support. The launch targets the end of the financial year.
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