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                     Tuesday, June 17, 2025
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                    This morning, we have a slate of major funding news for startups in defense, AV tech, and legal tech. We’ve also got details of: Adobe’s new AI app; Apple latest antitrust woes; Google chipping in to fight scams; the world’s biggest
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                     sand
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                    battery; double dates on Tinder; increasing scrutiny of Palantir’s government dealings, and more. Let’s get to work!
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                    <strong>
                     Image Credits:
                    </strong>
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                   <p aria-level="1" style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     1. Why just iCloud?
                    </strong>
                    A U.S. district court has ruled that Apple must face a class action lawsuit that alleges the company violates antitrust law by forcing users of its devices to back up important files and settings to iCloud only. Apple says it does so for security reasons, but its monopoly in the space may work against it.
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                      Read More
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                   <p aria-level="1" style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     2. Faster than a rocket:
                    </strong>
                    Young startups are all the rage these days. Mach Industries, which debuted just two years ago, has raised yet again, and this time it’s nabbed $100 million at a $470 million valuation.
                    <a data-hs-link-id="0" data-hs-link-id-v2="1vRjUQvc" style="text-decoration: underline; color: #0aa43e;" target="_blank">
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                      Read More
                     </strong>
                    </a>
                   </p>
                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     3. Come hither:
                    </strong>
                    Adobe is doing all it can to retain designers and digital editors within its ecosystem. The company just launched a Firefly app for iOS and Android that lets you use its own image- and video-generation models, as well as models from Google, OpenAI, Flux, and more.
                    <a data-hs-link-id="0" data-hs-link-id-v2="lh8it2iy" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     <strong>
                      Read More
                     </strong>
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                    Finland has just turned on the world’s largest sand battery — 2,000 metric tons of pulverized rock inside a 49-foot-wide silo. The project promises to slash carbon emissions, and can store up to 1,000 megawatt-hours of heat for weeks.
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                    <strong>
                     🔎 Under the lens:
                    </strong>
                    Ten Democrat lawmakers are demanding defense tech company Palantir disclose information about its broadening contracts with the Trump administration, The New York Times reports. The company is reportedly working with the government to consolidate data and build a list of personal information on U.S. citizens.
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                    Applied Intuition has raised $600 million from a slate of big-name investors to continue building its autonomous vehicle tech that’s used by some of the world’s biggest carmakers, Bloomberg reports. The funding takes its valuation to $15 billion from $6 billion last year.
                    <strong>
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                    <strong>
                     💑 Swipe left together:
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                    Ever felt the need for a wingperson on dating apps? Tinder now lets you do that
                    <em>
                     within
                    </em>
                    the app with its new Double Date feature, which allows you to team up with your friends to chat up potential matches together.
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