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Month: June 2026

SpaceX adds Sequoia’s Roelof Botha to its board, days after record $75 billion IPO

Posted on June 18, 2026 By 164news66 No Comments on SpaceX adds Sequoia’s Roelof Botha to its board, days after record $75 billion IPO

SpaceX Appoints Roelof Botha to Board of Directors
SpaceX has appointed Roelof Botha , the former steward of Sequoia Capital, to its board of directors. The …

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Ford pivots its Kentucky battery plant from EVs to AI data centre storage in a $2 billion bet

Posted on June 18, 2026 By 164news66 No Comments on Ford pivots its Kentucky battery plant from EVs to AI data centre storage in a $2 billion bet

Ford Launches Ford Energy: A Subsidiary Focused on Battery Storage Systems
Ford has launched Ford Energy , a wholly owned subsidiary dedicated to manufacturi…

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BMW slashes profit forecast as China’s EV makers squeeze European carmakers on two fronts

Posted on June 18, 2026 By 164news66 No Comments on BMW slashes profit forecast as China’s EV makers squeeze European carmakers on two fronts

BMW Cuts Full-Year Profit Forecast
BMW on Tuesday cut its full-year profit forecast for the car business, lowering its expected automotive EBIT margin to a co…

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FERC orders a fast lane for data centre grid connections, but the electricity to fill them is another matter

Posted on June 18, 2026 By 164news66 No Comments on FERC orders a fast lane for data centre grid connections, but the electricity to fill them is another matter

Federal Energy Regulatory Commission Orders Fast-Track Interconnection for Data Centers
The Federal Energy Regulatory Commission on Thursday ordered six major…

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Your email landed in the inbox. Your links didn’t.

Posted on June 18, 2026 By 164news66 No Comments on Your email landed in the inbox. Your links didn’t.

Watching email marketers obsessively monitor their sender IP, checking it daily, warming it carefully, treating it like a rare orchid, is not only relatable, it…

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‘It’s literally the gulag’: inside the revolt at Meta’s AI unit, where elite engineers were drafted to label data

Posted on June 18, 2026 By 164news66 No Comments on ‘It’s literally the gulag’: inside the revolt at Meta’s AI unit, where elite engineers were drafted to label data

A Unusual Company Livestream Hijack
It takes a particular kind of dysfunction for an employee to hijack a company-wide livestream and demand the hosts pass a …

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Gradial raises $65M to be the ‘AI glue’ for enterprise marketing

Posted on June 18, 2026 By 164news66 No Comments on Gradial raises $65M to be the ‘AI glue’ for enterprise marketing

Every Software Company is Racing to Bolt on AI
Every software company is racing to bolt an AI agent onto its own product. Gradial is betting the real money …

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Architect Labs raises $24M to let any company design its own AI chip

Posted on June 18, 2026 By 164news66 No Comments on Architect Labs raises $24M to let any company design its own AI chip

Designing a chip: A challenging endeavor
Designing a chip is hard. It takes years, hundreds of millions of dollars, and a tiny pool of experts. Most of them …

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Nvidia-backed Verse raises $54M to help AI data centres skip the power queue

Posted on June 18, 2026 By 164news66 No Comments on Nvidia-backed Verse raises $54M to help AI data centres skip the power queue

For years, the scarce resource in AI was chips. Now it’s power.
Verse Enterprises aims to overcome the bottleneck by addressing the new limiting factor—power….

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Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference

Posted on June 18, 2026 By 164news66 No Comments on Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference

Baseten Secures $1.5 Billion Funding Round
Baseten is finalising a $1.5 billion funding round that values the company at up to $13 billion. The structure of t…

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