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Garmin unveils the $799 Venu X1 smartwatch with a 2" square AMOLED screen, a titanium body, an eight-day battery, and a blood oxygen monitor, coming on June 18 (Emma Roth/The Verge)
https://www.theverge.com/news/686325/garmin-venu-x1-smartwatch-display-specs-pricing
http://www.techmeme.com/250613/p4#a250613p4
Sources: China delays approval of Synopsys' Ansys deal as the US moved in late May to ban chip design software sales by US firms, including Synopsys, to China (Financial Times)
https://www.ft.com/content/762b1818-795d-4270-b6cc-5d902d8bc0a8
http://www.techmeme.com/250613/p3#a250613p3
Customs data shows Foxconn exported $3.2B worth of iPhones from India between March and May, with an average 97% to the US, up from a 2024 average of 50.3% (Reuters)
https://www.reuters.com/world/china/foxconn-sends-97-india-iphone-exports-us-apple-tackles-trumps-tariffs-2025-06-13/
http://www.techmeme.com/250613/p2#a250613p2
A senior Trump administration official projects that Huawei's Ascend AI chip output will be at or below 200,000 for 2025, in a hearing with US lawmakers (Bloomberg)
https://www.bloomberg.com/news/articles/2025-06-12/us-says-huawei-s-2025-output-is-no-more-than-200-000-ai-chips
http://www.techmeme.com/250613/p1#a250613p1
Texas-based Securonix acquires ThreatQuotient, which helps companies analyze threat intelligence more efficiently; ThreatQuotient had raised about $170M (Maria Deutscher/SiliconANGLE)
https://siliconangle.com/2025/06/11/securonix-acquires-threat-intelligence-startup-threatquotient/
http://www.techmeme.com/250612/p48#a250612p48
SAG-AFTRA's Interactive Media Agreement with game companies requires performers' informed consent for all planned AI use on their voice, likeness, and movements (Jeremy Fuster/The Wrap)
https://www.thewrap.com/sag-aftra-video-game-deal-details/
http://www.techmeme.com/250612/p47#a250612p47
Current and former employees of OpenAI have sold nearly $3B worth of shares in tender offers since 2021, with $1.5B+ going to SoftBank alone (Natasha Mascarenhas/The Information)
https://www.theinformation.com/articles/openai-employees-cashed-3-billion-shares
http://www.techmeme.com/250612/p46#a250612p46
My colleague Sri Muppidi broke the news Wednesday of OpenAI’s latest fundraising talks as it seeks to raise an unprecedented $40 billion. One previously unreported detail is that SoftBank bought about $240 million in shares from a small group of current and former employees this spring.That deal ...
Cloud computing startup Crusoe plans to buy ~$400M worth of AI chips from AMD to rent to customers for its US data center that will come online by fall (Max A. Cherney/Reuters)
https://www.reuters.com/business/neocloud-crusoe-buy-400-million-worth-amd-chips-ai-data-centers-2025-06-12/
http://www.techmeme.com/250612/p45#a250612p45
Meta announces a $14.3B investment in Scale AI and hires CEO Alexandr Wang to help oversee its AI efforts; source: Scale AI's post-money valuation is $29B (Bloomberg)
https://www.bloomberg.com/news/articles/2025-06-13/meta-announces-scale-ai-investment-recruits-ceo-to-ai-unit?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0OTc3NTczOSwiZXhwIjoxNzUwMzgwNTM5LCJhcnRpY2xlSWQiOiJTWE5TTlBEV0xVNjgwMCIsImJjb25uZWN0SWQiOiJGNDZBMzg1RkE3NTA0NTlCQTEzQ0MxNEZCRUU4ODRERiJ9.39YPTUGoGwVqAGRPGyisb3e3ChD2r4iwgZS0AvFG-DI
http://www.techmeme.com/250612/p44#a250612p44
The public feed of the Meta AI app is filled with private and sensitive information, suggesting users might not be aware they are sharing their chats publicly (Amanda Silberling/TechCrunch)
https://techcrunch.com/2025/06/12/the-meta-ai-app-is-a-privacy-disaster/
http://www.techmeme.com/250612/p43#a250612p43
