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

The memory chip crunch is paying off for this US company: Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year. 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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Morning Must-Reads

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

2 days left to save up to $190: Join 1,000+ founders and investors at TechCrunch Founder Summit: 2 days left to lock in your spot at TechCrunch Founder Summit 2026 and save up to $190 before Early Bird rates expire on June 26 at 11:59 p.m. PT. Register here. 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

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

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

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