| Wall Street Journal: |
Sources: SpaceX has agreed to invest $2B in xAI, as part of xAI's $5B equity fundraise announced by Morgan Stanley last month — The startup is leaning on Musk's business empire to play catch-up in the AI race — Elon Musk's SpaceX has agreed to invest $2 billion in xAI … | Mark Gurman / Bloomberg: |
With Tim Cook likely to lead Apple through this decade, a look at Apple's executive succession challenges as many of Cook's direct reports near retirement age — Also: The company is scaling back the iOS 26 Liquid Glass revamp; a look at upcoming devices; and Meta poaches Apple's top AI models executive.| Michael Nuñez / VentureBeat: |
Moonshot's Kimi K2 uses a 1T-parameter MoE architecture with 32B active parameters and outperforms models like GPT-4.1 and DeepSeek-V3 on key benchmarks — Moonshot AI, the Chinese artificial intelligence startup behind the popular Kimi chatbot, released an open-source language model on Friday … | Ben Jiang / South China Morning Post: |
A look at Xiaomi AI Glasses, launched in China on June 26 with a starting price of ~$278, featuring a 12MP ultra-wide camera and powered by Qualcomm's AR1 chip — The Xiaomi AI glasses are handy for hands-free photography and videography, which is ideal for situations like cycling| Jacob Silverman / The Nation: |
There's little evidence that UAE-based Aqua 1 Foundation, the largest investor in Trump's World Liberty Financial after buying tokens worth $100M, exists at all — The strange saga of a shadowy UAE company's $100 million investment in World Liberty Financial, the Trump-aligned crypto trader| Anthony Ha / TechCrunch: |
xAI apologizes for Grok's “horrific behavior” when it wrote antisemitic posts on July 8, and blames “an update to a code path upstream of the Grok bot” — In a series of posts on X, the AI chatbot Grok apologized for what it admitted was “horrific behavior.”| Kurt Schlosser / GeekWire: |
Portola, which develops the Tolan app featuring AI companions, raised a $20M Series A led by Khosla Ventures; the app has 3M+ downloads and 100K+ paid users — GeekWire's startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter … | John Koblin / New York Times: |
YouTube and Netflix are increasingly locked in a battle over TV in the US; Nielsen: YouTube accounted for 12.5% of all TV viewing time in May and Netflix 7.5% — The two giant video companies have far different strategies, but the same goal: controlling your TV set.| Kris Maher / Wall Street Journal: |
With Trump set to speak at an energy and AI summit at Carnegie Mellon, a look at plans to turn some shuttered mill sites in Pittsburgh into AI data centers — Two Trump visits span city's legacy industry, higher-tech pursuits — PITTSBURGH—Two months ago, President Trump stood in a cavernous … | Simon Alvarez / Teslarati: |
Tesla rolls out Grok to some vehicles with an AMD infotainment chip; Grok comes pre-installed on new vehicles and cannot issue commands to the vehicle itself — All new Tesla vehicles delivered on or after July 12, 2025, will include Grok AI out of the box| Kyt Dotson / SiliconANGLE: |
NYC-based Vellum, which develops enterprise development tools for building, testing, and deploying AI-powered apps, raised a $20M Series A led by Leaders Fund — Vocify Inc., also known as Vellum, a leading enterprise development platform for building, testing and deploying artificial … | Judy Rider / Crunchbase News: |
Parspec, whose AI-powered workflow tool automates procurement processes in the construction supply chain, raised a $20M Series A led by Threshold Ventures — Parspec, a startup using artificial intelligence to improve efficiency in the construction industry supply chain … | David Cendon Garcia / EU-Startups: |
Berlin-based CarOnSale, a B2B marketplace for used car trading across Europe offering vehicle inspections and more, raised a €70M Series C led by Northzone — German CarOnSale, a digital B2B marketplace for used car trading, has successfully closed a €70 million Series C round … | Benj Edwards / Ars Technica: |
Stanford study: LLMs struggle to respond appropriately to questions about delusions, suicide, and OCD, but AI could play valuable supportive roles to therapists — When Stanford University researchers asked ChatGPT whether it would be willing to work closely with someone who had schizophrenia …
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