June 25, 2026

TechCrunch Top 3

Former Infosys chief has a new startup that wants to challenge the IT services world: Backed by Mayfield and Aramco Ventures, Vishal Sikka’s new venture brings together veterans from SAP, Infosys, and VianAI. Read More

Amazon ups India bet with fresh $13B AI infrastructure investment: Amazon’s latest India investment comes as global tech companies race to expand AI infrastructure in the country. Read More

Adobe acquires image and video enhancement tool maker Topaz Labs: Adobe said that it will integrate Topaz Labs' tools across its apps. Read More

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Morning Must-Reads

Trump admin proposes axing brake-pedal requirement for AVs in a boost for Tesla: The Department of Transportation wants to remove the brake-pedal requirement for vehicles "designed to be driven exclusively by automated driving systems." Read More

Cellebrite said it cut off Russia, but Russia used its tools anyway: Security researchers found evidence that Russian authorities hacked the iPhone of a political opponent using a phone-unlocking device made by Cellebrite, even after the company said it would stop selling to Putin’s government. Read More

AI researchers continue to leave Google for its rivals: Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic, following departures from top scientists Noam Shazeer and John Jumper. Read More

Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood: In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors. Read More

AI was supposed to kill engineering jobs, but new data suggests they're the most resilient: While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data. Read More

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Last but Not Least

Europe is pushing back on Washington's chip war: As ASML CEO Christophe Fouquet told TechCrunch in May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now put off-limits. Read More

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