Latest in Tech: Jun 12 (5 stories)
Friday, 12 Jun 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Fri 12th June 2026
Ark Investment Management predicts that SpaceX could achieve $300 billion in annual revenue by the late 2020s through the deployment of orbital data centers, highlighting the potential of space-based infrastructure in the tech landscape. Meanwhile, Jeff Bezos' AI startup, Prometheus, has secured funding that values it at $41 billion, reinforcing his influence in the rapidly growing AI sector.
In a critical analysis, experts warn that companies often mismanage AI integration, leading to employee dissatisfaction and misguided blame for layoffs. On a more practical note, Pool has launched an innovative app that organizes screenshots into personalized collections, enhancing user experience by making saved content more accessible. Additionally, Waymo has introduced a loyalty program offering cash back and flexible cancellations, aiming to enhance customer retention in the competitive ride-hailing market.
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SpaceX Holder Ark Sees $300 Billion Win on Orbital Data Centers
Bloomberg Technology 11 Jun 2026, 6:59pmArk Investment Management’s Brett Winton said SpaceX could generate $300 billion in annual revenue by deploying tens of gigawatts of orbital data center capacity by the late 2020s at the current rental rates.
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Jeff Bezos’ AI Startup Valued at $41 Billion in Funding Round
Bloomberg Technology 11 Jun 2026, 4:23pmPrometheus, an artificial intelligence startup led by Jeff Bezos, has raised a round of funding that values it at $41 billion, bolstering the Amazon.com Inc. founder’s status as a significant player in the AI boom.
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The Biggest AI Mistakes Companies Make
Bloomberg Technology 11 Jun 2026, 5:20pmExecutives are forcing AI onto workers, scapegoating it for layoffs and misunderstanding how disruptive technologies actually evolve, explains Bloomberg Opinion columnist Gautam Mukunda.. (Source: Bloomberg)
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Pool’s new app turns your screenshots into something useful
TechCrunch 11 Jun 2026, 3:30pmPool's new app automatically sorts screenshots into personalized collections, tracks down the original links behind saved content, and helps you rediscover products, recipes, travel ideas, and other things you meant to revisit.
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Waymo launches a loyalty program with 10% cash back and free cancellations
TechCrunch 11 Jun 2026, 4:00pmMembers of the program, called "Waymo Premier," will have to pony up $29.99 per month.