Tech Roundup: Jun 24 (5 stories)
Wednesday, 24 Jun 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Wed 24th June 2026
Hadrian, a startup focused on AI-driven manufacturing, is reportedly in discussions for new funding that could value the company at $7.5 billion, highlighting the growing interest in technology that accelerates production processes. Meanwhile, European military tech sees a boost as Sequoia Capital backs Stark Defence, a drone startup valued at €3.2 billion, reflecting increasing private investment in defense technologies.
In other developments, Meta is venturing into prediction markets with a new app that won't involve real money, aiming to engage users in a low-stakes environment. Additionally, cybersecurity firm Varonis is considering a sale following takeover interest, underscoring the ongoing consolidation in the tech sector. However, a global tech selloff, initiated by declines in Korean chipmakers, raises questions about the durability of the AI-driven market rally.
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Startup Hadrian Has Discussed New Funding at $7.5 Billion Value
Bloomberg Technology 23 Jun 2026, 7:51pmCompany runs AI-powered factories that aim to speed up manufacturing
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Sequoia Backs Drone Startup Stark at €3.2 Billion Valuation
Bloomberg Technology 23 Jun 2026, 2:30pmStark Defence, a startup making kamikaze drones, has raised €500 million ($570 million) in a fundraising round led by Sequoia Capital and Peter Thiel’s Founders Fund as private capital pours into European military technology.
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Meta Building Prediction Market App That Wouldn’t Wager Money
Bloomberg Technology 23 Jun 2026, 6:25pmMeta Platforms Inc. Chief Executive Officer Mark Zuckerberg has directed a small team to create a prediction market application similar to Kalshi Inc. and Polymarket, but with lower stakes as users won’t likely wager real money.
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Cyber Firm Varonis Weighs Sale After Takeover Interest
Bloomberg Technology 23 Jun 2026, 3:45pmCybersecurity company Varonis Systems Inc. is exploring options including a potential sale after receiving takeover interest, according to people familiar with the matter.
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Tech Selloff Starts With Korean Chipmakers and Continues Into US Session
Bloomberg Technology 23 Jun 2026, 3:36pmA global rout in tech stocks began in Asia where a selloff in Korean chipmakers stoked concerns about the sustainability of the artificial-intelligence driven rally. Bloomberg's Carmen Reinicke reports. (Source: Bloomberg)