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Tech Beat · 12 PM Update

Welcome to Tech Beat, your daily read on the stories shaping the technology landscape.

Waymo is recalling more than thirty-eight hundred of its robotaxis after discovering a software flaw that could send the autonomous vehicles into closed freeway construction zones at highway speed. It's a stark reminder that self-driving systems still carry real-world consequences when they misread the road ahead.

Shifting to the markets, investors appear to be staging a deliberate retreat from the biggest names in tech. Capital is moving out of the Magnificent Seven and bitcoin, flowing instead toward semiconductors, memory manufacturers, and space-related plays — a signal that the smart money is now chasing the infrastructure that makes AI possible, not the companies riding it.

And speaking of that infrastructure, Canadian company HIVE saw its shares jump ten percent after landing a two hundred twenty million dollar sovereign AI deal with Bell and Cohere. The contract accelerates HIVE's pivot away from bitcoin mining toward high-performance GPU computing, and it raises an interesting question about where the next generation of national AI capacity actually gets built.

Keep surfing. Tech Beat out.

Sources

  1. https://www.coindesk.com/markets/2026/06/18/hive-shares-jumps-10-on-usd220m-canada-sovereign-ai-infrastructure-deal
  2. https://www.coindesk.com/markets/2026/06/18/the-great-rotation-investors-desert-the-magnificent-7-crypto-for-ai-bottlenecks
  3. https://www.wired.com/gallery/best-amazon-fire-tablet/
  4. https://decrypt.co/371514/cme-to-sue-cftc-over-bitcoin-perpetual-futures-approval-ceo
  5. https://rubystacknews.com/2026/06/17/ruby-4-0-is-here-why-is-ai-still-writing-ruby-3-0/
  6. https://www.youtube.com/watch?v=_dDEDroVJOE
  7. https://github.com/basecamp/kamal/releases/tag/v2.12.0
  8. https://www.engadget.com/2197051/waymo-recalls-3800-robotaxis-that-might-drive-onto-closed-freeways/
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