Happy Tuesday.
😂
Enjoy today's news.
Meta launches $299 AI smart glasses with new colors and shapes, including rectangle frames and a slim oval collection designed with Kylie Jenner.
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Oracle says it cut about 21,000 jobs, 13% of its workforce, over the past year, and expects its growing use of AI to drive further layoffs.
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Walmart agrees to acquire Vibe, a platform that lets advertisers create and buy TV ads, to help brands run streaming campaigns using Walmart shopper data.
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Microsoft and Chevron sign a 20-year deal for a 2.67GW gas-powered data center project in West Texas, which could become one of the largest data centers in the U.S.
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Meta invests $900M in Indian fintech Cred and appoints founder Kunal Shah to replace Will Cathcart as head of WhatsApp.
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Trump signs two executive orders to accelerate U.S. quantum computing, including a push for a powerful research-grade quantum computer by 2028.
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Xiaomi previews an EV home-charging robotic arm.
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Valve announces that the Steam Machine will start at $1,049 and go on sale June 29.
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Lucid cuts 18% of staff, around 1,500 jobs, as new CEO Silvio Napoli tries to simplify the struggling company.
🕑 2 m
Bending Spoons, owner of Vimeo, AOL, Eventbrite, Evernote, and WeTransfer, is seeking to raise $1.6B in a Nasdaq IPO at a $19B valuation.
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Stripe’s Chief Economist Ernie Tedeschi posts: The age of the solopreneur.
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Cursor’s Head of Design Ryo Lu on how AI changes the way we build, where craft moves next, and what software should still keep human.
🍿 21 m
New Trailblazers episode: Erica Wenger interviews billionaire entrepreneur, Shark Tank investor, and Cost Plus Drugs co-founder Mark Cuban on why curiosity beats ego, how AI is changing education, and why business changes the world more than politics.
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As promised, tech and startups in a minute.
See you tomorrow.
P.S. OOO > WFH 😂
