The Stack — June 29, 2026

Today's technology briefing highlights significant developments in AI/ML, industry moves, and infrastructure.

AI/ML

Asian companies are stepping up in the AI space in response to U.S. export restrictions on AI models. Chinese cybersecurity firm 360 has launched Tulongfeng, an AI tool for software vulnerability detection, while Tokyo-based Sakana AI introduced Fugu, an AI model optimized for Japanese businesses. These initiatives aim to fill the void left by restricted U.S. models, though Sakana AI emphasizes collaboration rather than a complete shift away from American technologies.

Industry Moves

The tech industry is witnessing substantial funding activities. Aseon Labs secured $10 million for its autonomous robotaxi inspection and charging solutions, while Partly raised $50 million to enhance AI tools in automotive repair. Additionally, Spiro attracted $55 million for its electric vehicle and clean energy platform, and Terawatt Infrastructure established a credit facility to support the development of EV charging depots. These investments reflect a strong focus on advancing AI-driven technologies and infrastructure.

Meanwhile, Micron's stock surged significantly due to AI-driven demand, momentarily surpassing the market valuation of giants like Meta and Tesla. This highlights the growing importance of memory chips in AI applications.

Infrastructure

In terms of infrastructure developments, Tesla's Full Self-Driving system is under investigation following a fatal crash, with probes by NHTSA and NTSB. This underscores ongoing safety and regulatory challenges in autonomous vehicle technology. Concurrently, Waymo is expanding its operations by importing over 3,000 Zeekr robotaxis for U.S. deployment, indicating robust growth in the autonomous vehicle sector.

These updates underscore the dynamic nature of the tech industry, with a strong emphasis on AI advancements, strategic investments, and the evolving landscape of autonomous technologies.