Architect Partners: companies have raised nearly $86B in 2025 to buy crypto, with over $43B raised since June 1, as skeptics worry about the market overheating (Wall Street Journal)
Google has defended Search against the first wave of disruption from generative AI, but AI agents and apps that can reduce clicks now threaten its ad business (Richard Waters/Financial Times)
China's Unitree is marketing the R1, a humanoid robot that has multimodal AI and weighs 25kg, for $5,900, drastically lowering the entry price for such machines (Bloomberg)
Public companies are loading up on crypto tokens, including $TRUMP, HYPE, and litecoin, as they expand beyond bitcoin to boost their own share prices (Financial Times)
Analysis: US and UK entry-level graduate job listings have plunged since 2022, but there's only tentative evidence of AI-related disruption in some occupations (Financial Times)
Intel says it may exit cutting-edge manufacturing if it can't secure customers for its 14A process, a major shift for the long-time steward of Moore's Law (Reuters)
Sources: repair demand in China for Nvidia's banned AI chips, including H100 and A100, surges as ~12 firms now repair chips that made their way into the country (Reuters)