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• Kalshi referred 32 possible insider traders to the CFTC in the three months through June; sources: CFTC has up to 20 ongoing probes using just Kalshi's evidence (Sharon LaFraniere/New York Times)
• Sources: Kalshi is in advanced talks to raise $750M+ co-led by Sequoia Capital and Wellington Management at a $40B valuation; Kalshi was valued at $22B in May (Yueqi Yang/The Information)
• Sources detail moves behind Google's AI reshuffle; Sergey Brin urged key staff to go all in on Gemini, and some teams shifted from DeepMind to corporate Google (Kenrick Cai/Reuters)
• Sources: Apple hired Nate Gatten, an American Airlines exec with GOP ties, as government affairs VP, seeking someone who could align with Trump administration (Mark Gurman/Bloomberg)
• Sources: the UK government is planning to regulate the use of AI in gene synthesis to prevent terrorists and other bad actors from using AI for bioweapons (Ellen Milligan/Bloomberg)
• Bank of America says it plans to deploy $250B by July 2027 to support US digital and infrastructure projects, including data centers and energy infrastructure (Reuters)
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• Silicon Data, which offers real-time compute pricing data to financial institutions and exchanges, raised a $30.5M Series A led by the Valor Atreides AI Fund (Chris Metinko/Axios)
• ClearJet, whose AI-enabled logistics service connects shippers with unused cargo capacity on commercial flights, raised a $25M Series B led by Edison Partners (Mary Ann Azevedo/Crunchbase News)
• FlightAware withdraws its Kalshi lawsuit, after alleging Kalshi used its data to let users bet on flight cancellations; Kalshi no longer names it as a source (Sumedha Mukherjee/Reuters)
• Google's Pixel 11 introduces Camera Looks, a total rethink of how the camera captures and styles an image, as users seek "more authentic or traditional" photos (David Imel/The Verge)
• Google DeepMind launches SL2T, a multilingual sign-language-to-text model debuting on the Pixel 11 in Gboard and Live Transcribe, first for ASL to English text (Mike Wheatley/SiliconANGLE)
• Google says the Pixel 11 Pro and Pro XL are its most durable Pixel phones yet, using spacecraft-grade aluminum frames and a twice as scratch-resistant coating (Mariella Moon/Engadget)
• Google introduces an insulin-resistance trend feature that uses AI, an accelerometer, and other sensors, launching first on the Pixel Watch 5 and Fitbit devices (Samantha Kelly/Bloomberg)
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